Regime Authorizes Transfer of Mining Concession Between Chinese Companies in Mulukukú
The Ministry of Energy and Mines approved the transfer of mining rights for the Isabela lot in Mulukukú, transferring the concession from Zhong Fu Development S.A. to Waslala Mine S.A.
TL;DR
- The Ministry of Energy and Mines approved the transfer of mining rights for the Isabela lot in Mulukukú.
- The concession was transferred from Zhong Fu Development S.A. to Waslala Mine S.A.
- This authorization was formalized by Ministerial Agreement No. 001-SBT-M-001-2026.
- The original concession was granted to Zhong Fu Development S.A. in 2025.
- Environmentalist Amaru Ruiz stated this confirms a pattern in the regime's mining policy involving transfers between Chinese companies.
- Previous transfers authorized by the regime include two large concessions in the South Caribbean Autonomous Region in 2025, one to Tutuwaka Mining Company S.A. and another to Southern Mining S.A.