Got it Translated;
The company Metro Gold Mineral Mins Resources (MGM) advances the preparations to initiate the exploitation of the mines The Hope and Spring, in the Municipality of Segovia, at present in craft production. Besides it continues exploring possibilities to acquire and to exploit other mining properties in some regions of the country.
The company, with headquarters in Toronto (Canada), but of mainly Colombian capital, is registered in the State of Wyoming and quotes its actions in the stock market Pink Sheets under the acronyms MGMX.
According to Fernando Vine, vice president of MGM, this is a young business that al is dedicated business of the exploration and exploitation of precious metals. "Our central headquarters is found in the city of Medellín, mining capital of Colombia and our center of operations is found in the Northeast one antioqueño, mining district of great tradition".
The company announced investments in teams and infrastructure for three million dollars in the next two years in the two mines mentioned and estimates the generation of 300 jobs in its maximum point of production.
Nevertheless, the investments could be greater because, as reported the mister Vine from Toronto, "we are exploring new investments for the exploitation of some six or seven mines in the same region -that has not been exploited in all her potential- and we are advancing negotiations in other places of Colombia and, suddenly, in peru".
One of the richest The company he estimates that each additional mine demands an investment of 1,5 million dollars.
"All depends on how go us with these first mines and of the results that we obtain in the stock exchange", announced.
Nevertheless, it trusted in which will be the better, given that is a matter of one of the richest regions of the world in deposits of gold, even comparable with the mines of South Africa, of Snowfall (in the United States) or of Canada.
The firm reckoned that the mining zone of the Northeast produces between the 70 and 80 percent of the gold that is exploited in Antioquia (some 125 million ounces per year). And, at the same time, this region produces between the 60 and the 80 percent of the Colombian gold.
With relation to the mission, says that "MGM Mineral Resources will develop an efficient process of mining industry of the gold, seeking an atmosphere of friendly, fair, sure work, and not discriminativa, complying with the Plan of Environmental Mining Management arranged by the departments of Mines and Energy and of Environment and Dwelling".
It helps al reader
It seeks to be a leader in the world Metro Gold Mineral Mins Resources Inc. is a company each expert, greater time in handling the gold-bearing mining industry and centered in acquiring and to produce in Central American mining fields and South America.
Its objective is to come to be a first class company in the world, through acquisitions, technology and operations modernized to produce gold of the high quality.
According to its spokesmen, the company has identifying a significant opportunity with mineral resources tested but underdeveloped in Colombia.
The financial resources of MGM are aiming initially to the richest zone in gold of Colombia, nation that, at the same time, possesses great wealth in this valuable metal. The business considers that will be able to work in the Colombian mines to smaller costs.
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