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Mineros S.A. Obtains Key Permit for Underground Mine Construction at Porvenir Project, Nicaragua
MEDELLÍN, Colombia, May 07, 2025--Mineros S.A. (TSX: MSA, MINEROS: CB) ("Mineros" or the "Company") is pleased to announce that its wholly owned subsidiary, HEMCO Mineros Nicaragua S.A., has obtained the Forest Harvesting Permit that it requires to commence the construction phase for its underground mine at the Porvenir Project. The Porvenir Project is in the community of Vesubio, municipality of Bonanza, within the North Caribbean Coast Autonomous Region (the "RACCN") of Nicaragua, a region wit
About this update from Mineros Sa
[{"type":"text","content":"MEDELLÍN, Colombia, May 07, 2025--(BUSINESS WIRE)--Mineros S.A. (TSX: MSA, MINEROS: CB) ("Mineros" or the "Company") is pleased to announce that its wholly owned subsidiary, HEMCO Mineros Nicaragua S.A., has obtained the Forest Harvesting Permit that it requires to commence the construction phase for its underground mine at the Porvenir Project. The Porvenir Project is in the community of Vesubio, municipality of Bonanza, within the North Caribbean Coast Autonomous Region (the "RACCN") of Nicaragua, a region with a rich mining history.","length":571,"tagName":"p"},{"type":"text","content":"This crucial approval marks a significant milestone, enabling the start of mine site preparation and underground development work. It represents a major step towards realizing the Porvenir Project. The approval underscores Mineros' and HEMCO's unwavering commitment to rigorous environmental standards, and transparent community engagement.","length":348,"tagName":"p"},{"type":"text","content":"This permit specifically covers mining activities only and does not constitute an operational permit. Further comprehensive environmental and regulatory permits, including those from the Ministry of the Environment and Natural Resources (MARENA) for plant operations, are required before any processing activities can commence.","length":327,"tagName":"p"},{"type":"text","content":""Receiving the permit for construction of the Porvenir underground mine is a major step forward," said David Londoño, President and CEO of Mineros. "We appreciate the RACCN’s constructive review process and look forward to advancing the project in line with our responsible mining principles."","length":313,"tagName":"p"},{"type":"text","content":"Project Background and Community Commitment","length":43,"tagName":"p"},{"type":"text","content":"The Bonanza region has a long history associated with mining. Mineros, through HEMCO, has a well-established presence in Nicaragua, operating the nearby Pioneer and Panama mines. The Company is committed to responsible resource development that generates sustainable socio-economic benefits. Throughout the development of the Porvenir Project, Mineros has engaged with local communities and authorities and remains dedicated to environmental stewardship and maximizing local benefits, incl...