Deal #7798

Nicaragua
Created at
2020-03-13
Last update
2020-05-28
Last full update
2020-03-13

Land area

Size under contract (leased or purchased area)
  • [2019, current] 1301.0 ha

Intention of investment

Intention of investment
  • [2019, current] Mining (1301.0 ha)

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)

Negotiation status

Negotiation status
  • [2012] Concluded (Contract signed)
  • [2015, current] Failed (Contract cancelled)
Comment on negotiation status
The government decided to deny the gold exploitation permit for the Pavon Mine, since "The conclusion of all the environmental experts is that the project is not viable because of the effects it would have on the environment and on the way of life of the people".

Implementation status

Implementation status
  • [2015, current] Project not started