It's all humanitarian mining, no doubt
Apr. 27th, 2009 09:57 pmA Montreal-based mining company has announced plans to explore the mountains of northeastern Haiti for gold and copper.
Majescor Resources Inc. will explore the site in a partnership with Simact Mining Holding Inc., a Long Island, New York-based consortium of Haitian American investors.
Majescor President Marc-Andre Bernier said Monday the company is encouraged by explorations that Eurasian Minerals Inc. is conducting at a nearby site.
Gold and copper were found in the Caribbean nation decades ago, but Haiti's instability and lack of infrastructure have discouraged investment.
Eurasian Minerals, Inc., despite the name, is also a Canadian company.