- Oct 2015
Nicaraguan government denies permit to B2Gold mining project
This article follows suit with my article from last week which touched upon the role of foreign actors within Nicaragua. Foreign actors within Nicaragua have been responsible a large portion of the country's history, most notably the US and Soviet influence in the Nicaraguan Revolution during which the Soviet backed Sandanista militia overthrew the Somoza government who had ruled Nicaragua for 43 years prior to this change. The important piece of this article is the fact that Nicaragua rejected this foreign investment into extracting gold from the nation's rivers, a project which the government rejected due to environmental concerns. Will this recent push for environmental concerns change Nicaragua's mindset on foreign investment?