Nicaragua hands gold concession to sister firm of US-sanctioned Chinese miner
Asia-Pacific1 source1 country🔦 Under-reported57m ago
Nicaragua has granted a 25-year concession to a Chinese-owned company named Linze Excelente Minera to prospect and mine for gold across a 262-square-kilometre (101-square-mile) area of rainforest known as the Jade block. The awarded territory is approximately a quarter of the size of Hong Kong.
The recipient firm is a sister company of another Chinese mining enterprise that is currently subject to United States sanctions.
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How the coverage differs
Same story, different emphasis — here's what each outlet chose to lead with.
South China Morning Post (HK)Highlights the massive scale of the rainforest concession and US sanctions ties.
Newz