RUDN Journal of Engineering Research (Mar 2010)

Central America mining industry under «the press» of the World economic crisis

  • N V Pavlinova

Journal volume & issue
Vol. 0, no. 1
pp. 36 – 44

Abstract

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Silver is found as by-product component in such countries as Costa-Rica, Salvador, Honduras, Guatemala and Nicaragua in polymetallic, gold and directly in gold-silver deposits. Small gold-silver deposits are being prospected in Salvador; precious metals intensive are being prospected in Costa-Rica, but their producing is presented less than 1% of Gross Domestic Product, in Guatemala producing of silver has increased by 7 times from 2005 to 2007 years, but in Nicaragua increased by 2 orders. even thought the mining industry in Central America has experienced minimal growth from 2005, it still faces uncertainty due to World Financial Crisis.

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