Laureano Ortega meets with Equinox Gold, which was forced to pay over $37 million in tax adjustments

Nicaragua's regime met with Canadian mining company Equinox Gold just as the United States denounces that a gold processing plant was taken from an American company and given to Chinese interests

Laureano Ortega meets with Equinox Gold, which was forced to pay over $37 million in tax adjustments

TL;DR

  • Nicaragua's government met with Canadian mining company Equinox Gold.
  • The meeting was to review current operations and expansion plans in the country.
  • Equinox Gold had previously been required to pay a $37.9 million tax adjustment.
  • The meeting occurred as a former US official accused Nicaragua of seizing a gold processing plant from an American company and giving it to China.
  • Gold is a significant export for Nicaragua, making such disputes impactful internationally.

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