GAIMF is pleased to announce that it has hired Mr. Ricardo Woodman, a seasoned Peru-based mining executive, as its Vice President of Latin American Business Development.
"On behalf of the Board of Directors, I would like welcome Ricardo to the GameCorp management team. Ricardo is an experienced mining executive with deep roots into the South American mining sector. His experience in evaluating mining projects will be instrumental as GameCorp broadens its investment focus into the South American mining sector with a specific emphasis on early-stage exploration projects in Peru and Colombia," said Graham Simmonds, CEO of GameCorp.
The World’s 10 Most Prolific Gold Fields PERU is Ranked #5 in the world for Gold Production http://goo.gl/S6MMw
Some facts: (source: www.convencionminera.com) •Mining in Peru generates benefits for 8 million Peruvians •Mining has generated 200 social programs on sustainable development. which are implemented by more than 80 mining companies in 20 regions in Peru, and the active participation of more than 700 communities in the country •$41 billion in mining investments planned over the next five years: positive social and productive impact for Peru
Since its origins in 1993,Peru Yanacocha has produced more than 26 million ounces of gold.
Management continues to look for business development and investment opportunities with a specific focus on the Latin American, South American and Caribbean markets. During the month the management team attended PERUMIN, a significant mining conference in Arequipa, Peru. The management team has been actively engaged in evaluating investment opportunities with the Colombian and Peruvian mining sectors. Management has strong relationships in these countries and believes that there is significant opportunity in these developing countries.
this is Great!
" Peru 's government tried to broker a truce with angry protesters who are opposed to Newmont Mining's $4.8 billion Conga project, the biggest mining investment in the country's history. The new gold mine would generate hundreds of millions of dollars in taxes and royalties for the government, but Mines and Energy Minister Carlos Herrera said to be built it must win the approval of the local community."
This is POTG •Geological reports have been used to produce a fair estimate of the reserve potential for the Wuakakuy properties which currently reflect 58,228,128 Oz Ag/ MTS. With current values of silver being approximately $35 USD/Oz, the estimate potential reserve has a value of over $2 Billion.
Peru is a hot bed of mining activity and potentially a company maker for GAIMF