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Mineral

 

Strucure of the mineral industries in nicaragua in 2005 (000t)

Annual capacity

Location of main Facilities

Major operating companies and major equity owners

Commodity

470

San Rafael del Sur plant 45 kilometers from Managua, and milling plant in Managua

CEMEX Nicaragua S.A.(CEMEX S.A.de C.V.100% but on lease from Government

cement

300

Nagarote grinding plant,san Rafael del sur

Holcim de Nicaragua S.A.

Cement, clinker

1500

El Limon mine,talavera deposit,100 miles north of managua

Glencarin Gold Corporation,95% and inversions Mineras S.A.5%

Gold(Kg)

1550

La liberated mine,110 kilometers east of Managua

Desarrollo minero de Nicaragua S.A.

Gold(Kg)

7300

Capital city of Mnagua 40 mile pipeline to the refinery from Puerto Sandino

Refineria esso Managua S.A.

Petroleum, Refinery products



Estimated Major investment expenditures in mineral exploration in 2005(thousand dollar)

Planned startup date

Annual investment

Ownership

Commodity

Project name

Location

NA

3200

Norwood resources Ltd,100%

Crude petroleum

Oklanicsa concession

(exploration)

Onshore,pacific coast,from border with costa rica to 40 kilometers west of managua

NA

2400

Meridian Gold inc

Gold

Natividad(El pavon)

(exploration)

North- central Nicargua 230 kilometers north- northeast of managua

2007

1400

Glencarin Gold Coporation,95% and Inversiones Mineras S.A.5%

Gold

Santa Pancha

Talavera deposit,100 miles north of capital city of Mnagua

NA

410

Fist point mineral corp100%

Gold

Rio Luna

(exploration)

10 Kilometers north of Boaco, boaco department central Nicaragua

NA

240

Gold resources Ltd

Gold

Tatascame(exploration)

Northern portion of the la india gold district 140 kilometres northwest of managua



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