Troilus Gold advances project financing with additional LOIs for $500m
In May, the company produced a feasibility study that demonstrated the potential for Troilus to be amongst the largest gold producers in Canada.
The Guardian reports the U.S.-based Carter Center has launched a website to shine a light on the corrupt mining industry in the Democratic Republic of the Congo:
“In a mining sector defined by irregularities and mismanagement, large industrial mining projects can earn huge profits for investors and government officials while little revenue finds its way back into desperately impoverished Congolese communities for schools, healthcare, or other social services,” said Sam Jones, associate director of the centre’s human rights programme. The centre was founded by former US president Jimmy Carter.
The website, congomines.org, contains detailed information about mines in the copper-rich Katanga province.
It is expected to be available in English by the end of the year.
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Jimmy Carter is so useless