Regime grants another 39,000 hectares to Xinxin Linze Group in Jinotega and Bluefields

The expansion of Chinese mining companies in Nicaragua continues. The MEM grants two new concessions which together amount to almost three times the size of the municipality of Masaya.

Regime grants another 39,000 hectares to Xinxin Linze Group in Jinotega and Bluefields

TL;DR

  • Xinxin Linze Group SA received two new concessions totaling 39,946 hectares.
  • The Victoria concession is located in Bluefields and covers 33,910 hectares.
  • The La Diabla–Cerro Kum concession covers 6,036 hectares in Siuna and Jinotega.
  • The concessions are valid for 25 years, with a four-year deadline for exploration activities.
  • The company is represented by Chinese businessman Lijun Dong.

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