Monday, May 14, 2012

Gold Discovered in Haiti Estimated At 20 Billion


Haiti – Its capital is blighted with earthquake rubble. Its countryside is shorn of trees, chopped down for fuel. And yet, Haiti’s land may hold the key to relieving centuries of poverty, disaster and disease: There is gold hidden in its hills — and silver and copper, too. A flurry of exploratory drilling in the past year has found precious metals worth potentially $20 billion deep below the tropical ridges in the country’s northeastern mountains. Now, a mining company is drilling around the clock to determine how to get those metals out. In neighboring Dominican Republic, workers are poised to start mining the other side of this seam later this year in one of the world’s largest gold deposits: 23 million ounces worth about $40 billion.

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1 comment:

  1. I am sitting here wondering exactly what in hell is America is doing about this. Why does it feels like Haiti been kept in poverty for this purpose.

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