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Top stories summarized by our editors
Top stories summarized by our editors

Royal Road moves forward with gold exploration in Nicaragua, Colombia

3/17/2017

Royal Road Minerals is making progress with its exploration for gold and other minerals in parts of Colombia and Nicaragua. In Colombia, the company applied for contracts within more than 450,000 hectares in Narino province, and in Nicaragua, the company is moving forward with the Los Andes and Piedra Iman projects.

Ingenio Montelimar opens biomass plant in Nicaragua

5/4/2016

A 38-megawatt biomass plant has been inaugurated by Ingenio Montelimar in San Rafael del Sur, Nicaragua. The country has an installed capacity of 1,329 MW with the addition of the plant, which will use sugar cane bagasse as raw material.

US crude returns to Panama Canal

4/1/2016

A 380,000-barrel shipment from Trafigura Group will be the first shipment of US crude oil to cross the Panama Canal since the end of a four-decade export ban. The tanker DS Promoter will carry the cargo of West Texas Intermediate oil to a Puma Energy refinery in western Nicaragua.

TerraForm nixes 326-MW wind, solar deal

3/24/2016

TerraForm Global has terminated a contract to acquire for wind farms and one solar projects in Central America. The deal with wind developer Globeleq Mesoamerica Energy covered projects in Honduras, Nicaragua and Costa Rica.

Photos: Economic forces, China are pushing Nicaragua canal project forward

6/19/2015

Economic forces and the growing might of China are pushing forward the construction of a 170-mile-long, 90-foot-deep canal from the Pacific Ocean to the Caribbean Sea through Nicaragua. The project, if built, would excavate 6.5 billion cubic yards of material, be wider than the expanded Panama Canal and require 50,000 workers. "There's been no civil engineering project of this magnitude -- ever," said Bill Wild, the chief project adviser to HKND Group, which has a 50-year agreement to build and operate the canal. Initial survey work has started, but the social and environmental costs of the project are unknown.