Report: Chinese Company Exported $25 Million in Nicaraguan Gold to Miami in 8 Months

Report: Chinese Company Exported $25 Million in Nicaraguan Gold to Miami in 8 Months


Chinese mining company Xinxin Linze Minería Group exported $25.6 million worth of Nicaraguan gold to Miami between January and August, according to a report published by La Prensa on Tuesday.

La Prensa, a Nicaraguan newspaper operating in exile, described Xinxin Linze Minería Group as one of the companies “pampered” by communist dictator Daniel Ortega and Energy and Mining Minister Salvador Mansell in Ortega’s extensive efforts to give away Nicaragua’s gold and other resources to communist China.

The newspaper, in an investigation citing statistical information from the global trade data platform ImportGenius, found that the Chinese mining company made 11 shipments of raw gold to the United States this year totaling roughly $25.6 million. The shipments reportedly started in late January and ramped up

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