Nicaragua’s communist regime has granted control of the nation’s gold mines to China in dubious and expedited procedures, the Argentine news outlet Infobae reported over the weekend.
Nicaraguan biologist and activist Amaru Ruiz explained to Infobae that the regime of dictator Daniel Ortega has granted at least 13 mining leases over the past six months to three Chinese companies through procedures that are “not normal,” as the leases were approved in an expedited manner and without due process. Some of them were allegedly approved as quickly as two months after being requested.
The 13 lease contracts reportedly grant the Chinese companies Zhong Fu Development, Thomas Metal, and Nicaragua XinXin Linze Minera Group exclusive rights for the exploration and exploitation of mineral deposits spanning nearly 250,000 hectares for a period of 25 years, renewable for an additional 25 years.
https://www.breitbart.com/latin-ame...t-regime-hands-over-nations-gold-mines-china/
Nicaraguan biologist and activist Amaru Ruiz explained to Infobae that the regime of dictator Daniel Ortega has granted at least 13 mining leases over the past six months to three Chinese companies through procedures that are “not normal,” as the leases were approved in an expedited manner and without due process. Some of them were allegedly approved as quickly as two months after being requested.
The 13 lease contracts reportedly grant the Chinese companies Zhong Fu Development, Thomas Metal, and Nicaragua XinXin Linze Minera Group exclusive rights for the exploration and exploitation of mineral deposits spanning nearly 250,000 hectares for a period of 25 years, renewable for an additional 25 years.
https://www.breitbart.com/latin-ame...t-regime-hands-over-nations-gold-mines-china/