Minera El Porvenir Murra cede más de 70 mil hectáreas de concesiones a china Brother Metal

El Ministerio de Energía y Minas avaló la cesión total de 71.264,59 de la primera de estas mineras a la de capital chino

Minera El Porvenir Murra cede más de 70 mil hectáreas de concesiones a china Brother Metal

TL;DR

  • El Porvenir Murra has granted over 70,000 hectares in mining concessions to Brother Metal.
  • The majority of the land is in the Murra municipality, Nueva Segovia, with additional areas in El Jícaro, Quilalí, Wiwilí, and Jalapa.
  • Five specific agreements detail the transfer of various lots including Nicole, Katya, Tala, Minionne, El Ángel, and others.
  • Brother Metal will now pay mining rights and royalties to the Nicaraguan Ministry of Energy and Mines.
  • This transfer increases Brother Metal's total concessions to over 124,000 hectares, making them the third-largest Chinese concession holder.
  • Canadian company Calibre Mining previously relinquished over 261,000 hectares of concessions.
  • Calibre Mining and Colombian company Hemco S.A. are facing tax claims from the Nicaraguan government.
  • The Fundación del Río suggests Chinese companies primarily act as resellers, lacking a history in direct mineral exploitation.
  • Calibre Mining, acquired by Equinox Gold, has been a major mining partner for the Nicaraguan government, receiving substantial concessions.