Andean Gold Rush Attracts Investors Is Your Worst Enemy
In spite of the monstrous topographical potential, with more than 100 million ounces of gold found by pilgrims as of late, speculator enthusiasm for Colombia had begun to disappear due to the observation that the legislature couldn't allow ventures into generation. These variables joined with the falling flat gold cost since 2011, saw the flood of investigation venture capital decrease as wayfarers kept running into expanding managerial administration. In any case, in late 2016, Colombia convinced financial specialists that it was not kidding about building up a present day mining industry. The consummation of the allowing of Continental Gold's (TSX: CNL) Buritica gold venture in Antioquia set the path for a huge gold mine that will create more than 250,000 ounces a year (oz/y). To be sure that venture went ahead the heels of Red Eagle Mining (TSX: R) bringing its 70,000 oz/y San Ramon gold mine in Antioquia into generation in November and Antioquia Gold (TSXV: AGD) begi...