Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Columbus Gold Corp CGTFF

"Columbus Gold Corp operates in the gold mining industry. The company acquires, develops, explores and evaluates gold in French Guiana. It owns two main projects and other projects. Montagne d'Or Gold project which is comprised of eight mining concessions and Eastside Gold project hosts a large area of shallow oxide gold mineralization. It principally operates in three geographical areas those are Canada, United States, and France."


OTCQX:CGTFF - Post by User

Comment by 123buyholdhopeon Oct 08, 2019 4:01pm
122 Views
Post# 30208882

RE:RE:CGT - FYI

RE:RE:CGT - FYI

French Government Appoints New Mining Delegate
to French Guiana

October 8, 2019

Vancouver, BC, Canada, October 8th, 2019. Columbus Gold Corp. (CGT: TSX, CGTFF: OTCQX) (“Columbus”) is pleased announce that in September the French government appointed Didier Le Moine as the new mining delegate and coordinator of mining projects in French Guiana.

Mr. Le Moine, a mining engineer, formally held the position of Director of Industry, Mines and Energy in the French overseas territory of New Caledonia, where a nickel mining industry was successfully established. Mr. Le Moine’s new mandate is to define, coordinate and implement actions for the development of a responsible mining industry in French Guiana that is compatible with France's ecological ambitions, is respectful of the populations and generates wealth and jobs for the territory.

Rock Lefranois, Columbus’ President and Chief Executive Officer, commented, “As French Guiana’s leading gold explorer, Columbus embraces the French government’s initiative to appoint a capable delegate to develop and coordinate mining in French Guiana. French Guiana is endowed with mineralrich and prospective geology and the territory should benefit from the responsible development of these resources.”

Mining is French Guiana’s second largest industry, mainly driven by artisanal miners and a few local small to medium size companies. Declared annual production and the number of mining operators has declined in recent years and the territory is currently plagued by illegal activity under unacceptable environmental and human conditions, and without any benefit for the territory. With the arrival of an increasing number of recognized international mining companies and the recent rise in gold price, the territory can envision a new dynamic to implement a mining industry that is environmentally responsible, technically sound, economically efficient, socially integrated, respectful of working conditions and will be able to contribute to the development of the Guyanese population.

Mr. Le Moine’s mandate will require optimising existing structures such as the responsible mine charter and branch agreements, and create new ones, such as a technical support hub for the industry in the form of a National Technological Research Centre for gold mines, similar to the one created in 2007 for the nickel industry in New Caledonia. Also, he will need to facilitate the relations between project operators and all stakeholders (State and local governments, communes, populations, representatives of the first nations).

GLTA - https://twitter.com/EarthsRare
<< Previous
Bullboard Posts
Next >>