News By Tag
News By Location
Nicaragua’s golden opportunity at the 2014 PDAC
Nicaragua will participate in the 2014 Prospectors & Developers Association of Canada (PDAC) Convention, the world’s leading mining event.
Nicaragua’s delegation for this event includes Carlos Zarruk, General Director of Mining at the Ministry of Energy and Mines, and Denis Lanzas, Vice-President of the Nicaraguan Chamber of Mines, as well as representatives of PRONicaragua, the official investment and export promotion agency of Nicaragua. Additionally, companies successfully operating in the country will also be participating in this upcoming event, including B2Gold, Condor Gold, Golden Reign Resources and Canchi Perforaciones.
The country will also host a booth (#1604) at this year’s PDAC Convention where participants will be able to obtain information on the country’s investment opportunities and take a look at Nicaragua’s main mining concessions.
The mining sector has become one of the country’s most important exporters in the past few years. According to the Central Bank of Nicaragua, gold exports reached US$435.9 million in 2013, a 3 percent increase in comparison to the US$422.8 exported in 2012, while gold production increased by 20 percent in 2013, reaching nearly 304,000 troy ounces.
The PDAC is a national association that represents Canada’s mineral exploration and development industry with over 10,000 individual corporate members. Its objective is to promote a responsible, vibrant and sustainable Canadian mineral exploration and development sector. In 2012, over 30,000 participants from 125 countries attended the event.
For more information on Nicaragua’s participation in the 2014 PDAC, visit www.nicaragua-