Rusoro Mining and secret back channels in Venezuela
In January of this year a secret group consisting of Trump advisor Erik Prince ,
British deal-maker Ian Hannam and mining magnate Peter Hambro , were sent to Caracas Venezuela to meet with Vice President Rodriguez. The official reprted purpose of the mission was to push for the freedom of six imprisoned Citgo executives. contrary to this scenario ,Elliott Abrams, the State Department’s special envoy said the meetings “would appear to violate U.S. sanctions.”
What was the real reason for this secret envoy?...all you need to do is look at the players and read today's headlines to understand their motive...gold resources.
Peter Hambro :
In 2008 as CEO of Peter Hambro Mining Plc (PHM) Peter Hambro made a strategic US$20 million investment in Rusoro Mining. PMH the second largest Russian gold mining company, along with a syndicate of institutional investors agreed to provide the Rusoro Group with a US$80 million Loan.
PHM’s US$20 million loan for shares of Rusoro would give PHM an interest
of approximately 4.0% of the company. Full exercise of the Option Agreement would give PHM an interest of approximately 14.2% of Rusoro.
The remainder of the Loan was funded by a syndicate
including funds which are investment managed by BlackRock Investment
Management International Limited, GLG Partners Limited and Lansdowne
Partners Limited as well as Endeavour Mining Capital Corp.
Currently Peter Hambro is CEO of IRC Limited ,IRC is the largest iron ore mining operator exclusively in the Russian Far East.
Ian Hannam :
Hannam is no stranger to Venezuela. In 2008, while at JPMorgan, he was the financial adviser for a deal in which the Russian miner Peter Hambro invested in a Venezuelan gold mining venture with Vancouver-based Rusoro Mining Ltd.
Was fined £450,000 for insider trading in 2014.
Ian Hannam is CEO of Centar Mining and currently looking for mining deals..his gold mining contract with Afghanistan was canceled when Trump promised to pull out.
Erik Prince:
Trump advisor , ex navy seal, brother of U.S. Education Secetary and founder of
Blackwater Security, has close ties to the state-owned Chinese investment company CITIC.
Currently CEO of Frontier Services Group and is currently raising a $500mil fund to purchase precious metals.
