RE:RE:Nicaraguan Assets "El Presidente" has no interest in nationalizing mining. The country is mining friendly, and many companies have operated there without hindrance for years.
“We have got a strong, transparent mining friendly jurisdiction,” Darren Hall, CEO of Nicaragua-focused Calibre Mining, told BNamericas in July. The CEO said he had received verbal assurances directly from Ortega – one of the main leaders of the 1979 Sandinista revolution, after which he became president for the first time – confirming that he has no plans to seek to nationalize mines, recognizing that the government does not have the capacity and expertise to do so.