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After years dormant, Nicaragua's gold sector is back — and making the country rich

Thursday, January 12, 2012


Explosions ring out near La Libertad, an area that was the scene of fierce combat during Nicaragua’s civil war in the 1980s.

But these days, the blasts come not from guerrilla fighters but from prospectors searching for gold.

Record prices for gold have led to an influx of foreign investors and the reactivation of Nicaragua’s long-dormant mining industry. Annual gold production has more than doubled in just the past three years.

Original source: Global Post