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Saturday, September 12, 2026 · Guatemala CityQ7.6282 per US$+0.00%
ADVANCE GUATEMALA
Back to the researchIn research — sources cited, not yet in the verified archive

In depth

The EXMIBAL/Inco background of the Fénix mine in El Estor

Dossier
The record of foreign investment: real cases11-casos.md
Domain
Foreign investment, in figurescasos-inversion
Room
Economy/economia
Audited
not audited

The nickel project in El Estor, Izabal, begins with the EXMIBAL concession granted to Canada's Inco in 1971: 385 km² and an initial investment of US$228 million. The operation has been inactive since 1980 and remained so for three decades, which makes it one of the historic foreign-investment failures the dossier collects. Both data points come from Wikipedia and were not cross-checked against a primary source.

The research is written in English; quoted figures, source names and the titles of legal instruments stay in the language their source published them in.

Figures

EXMIBAL concession (Inco)Wikipedia (en), El Estor
1971, 385 km²1971
EXMIBAL initial investmentWikipedia (en), El Estor
US$228 million1970s
Operation inactive sinceWikipedia (en), Solway Investment Group
19801980–2011

Caveat

secondary source (Wikipedia), no primary cross-check

Sources

Related records

This layer is research: read from public sources by the archive's own team, every claim cited with the date it was consulted, and audited where it is marked so. It has not entered the verified store — no figure here was fetched back from its source or stamped with a retrieval time — so it wears no red provenance numeral and never mixes with the verified figures.