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Story summary
- Nicaragua grants Chinese-owned Linze Excelente Mineria a 25-year, 262 sq km Jade gold concession.
- Linze Excelente Mineria entered Nicaragua’s mining registry in 2025.
- Linze Excelente Mineria is linked to the U.S.-sanctioned Xinxin Linze Group.
- U.S. Treasury sanctioned Xinxin Linze in April for receiving thousands of acres and shipping $25 million gold to the United States.
- Gold from the concession supplies hard-currency to President Daniel Ortega.
