Monday, July 2, 2012

Haiti must ensure that mineral wealth benefits its' people

Haiti is reportedly on the cusp of a gold rush, with exploration proceeding apace for an estimated US$20 billion worth of precious minerals buried beneath the soil.

(More: Haiti: Country’s fortune changes as huge gold, copper deposits anticipated)

This is a great opportunity, but also a challenge for a country such as Haiti. The potential tax revenues that could be generated from mining copper, silver and gold are enormous. However, ensuring that a fair proportion of the revenue

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