From August 12th to 14th representatives from companies in the mining industry in Central America and other countries will meet in Managua.
In the event being organized by the Chamber of Mines and the Ministry of Energy and Mines of Nicaragua topics related to the exploitation of mining in the region, the impact of mining on the environment, and the technical training required by the sector will be discussed, among other things.
The concessionaires of the India and San Albino Murra mines are carrying out the feasibility studies needed to obtain approval to begin operations.
The India mine, owned by the concessionaire Condor Gold, is the one which is closest to operations, assuming the feasibility studies give good results.
Carlos Zarruck, Director of Mines at the Ministry of Energy and Mines (MEM), said in an article on Laprensa.com.ni that "investment by the company in this area amounts to $150 million. "India Mine is the next industrial that could be the same size as El Limon mine or the Bonanza mine, in terms of exploitation," he added.
With four wind farms set up in the department of Rivas, the country is exploiting only 23% of a potential of 800 megawatts.
Although $417 million has already been invested in the construction of new wind farms in the country, there is still ample room to install more and take advantage of this kind of renewable energy generation.
The Superior Council of Private Enterprise does not agree with the 10% wage increase being applied retroactively from March 1.
The minimum wage announced by the Government establishes, in addition to an average 10% increase, its retroactive application. If the retroactivity is maintained, the Superior Council of Private Enterprise (Cosep) will file an appeal.
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