economy
May 7, 2026
Regime grants over 13,000 hectares in new mining concessions
Daniel Ortega's regime approved four new mining concessions covering more than 13,000 hectares in Nicaragua, benefiting companies linked to foreign capital, according to official publications in La Gaceta.
TL;DR
- Four new mining concessions totaling 13,173.70 hectares have been granted in Nicaragua.
- The concessions are located in León, Chinandega, Estelí, and Matagalpa.
- Benefiting companies are Nicaragua Zi Jin Minería (Chinese capital) and La India Gold (British and Canadian capital).
- The largest concession, 'Santa Rosa del Peñón' (6,389.20 hectares), was awarded to La India Gold in León.
- Nicaragua Zi Jin Minería received concessions 'El Danto' and 'Masada'.
- Companies must pay 3% royalties, follow environmental standards, and submit operational reports.
- Amaru Ruiz from Fundación del Río noted Zi Jin Minería is a newly incorporated company in Nicaragua's extractive sector.
- La India Gold is linked to British capital and previous mining operations in Nicaragua.