Santacruz Silver Mining reports fatality at Tres Amigos mine in Bolivia
Tres Amigos mine, a part of the Caballo Blanco Group of mines, has resumed operations after it was shut down following the incident.
The Calgary Herald is reporting that a Canadian family running an offshore organization under investigation by police has taken over a gold mining company in Ecuador.
According to the Herald, the move to acquire Merendon de Ecuador is an attempt by the Jarmans family to prove that its Costa-Rica based Voyageur Foundation is not a Ponzi scheme, and to reimburse millions of dollars in missing investments:
Some of the missing funds were shifted into a clutch of firms once controlled by Gary Sorenson, an Alberta businessman who has been found guilty in the U.S. of orchestrating a $300-million US gold mining Ponzi scheme.
One of those companies was Merendon de Ecuador – the same Ecuadorean gold mining firm the Jarmans have taken over.
It is unclear whether the property contains enough gold to support a mine, nor whether the family members have the expertise to run a mining operation, the article states.
5 Comments
Dav1942
This is ‘Sad’ for those honest hard working folks who lost their retirement $$ to these Canidain ‘jerks’. Hang them high, it will teach them a lession in “rope Saftey practices”! ha-Ha!!!!!!!!!!!!!!!!!
Bob
The Jarman family is associated with the Sorenson family since the early days of the Merendon ponzi
Blablabla
before they called Hampton
Yves Godin
I know this family very well and could add more info to this article or write an update on the Ecuador progress of the mining activities
Yves Godin
Actually anyone can send me an email and I will be more than happy to answer your questions. The Jarmans were caught in this Sorenson mess and have been very involved in recuperating the assets and getting them into production. So before judging them, please inform yourself properly and, you should know by now not to believe what the newspaper tells you !