The Nicaraguan government is selling some state-owned mineral assets, including two operating mines, that were nationalized when the Sandinista regime was in power.
To be privatized are the operating Bonanza gold mine and the inactive Siuna gold mine in the country’s northeast, the operating El Limon gold mine 100 km northeast of Managua, the inactive La India gold mine (formerly operated by Noranda) south of El Limon, the Topacio gold prospect east of Managua and the Reina gold prospect north-northeast of Managua.
The National Public Sector Corp. of Nicaragua (CORNAP) has set Nov. 2 as the deadline for bids for Bonanza and Siuna. A Sept. 21 deadline was set for bids for El Limon, La India, Topacio and Reina.
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