Sunday, 25 September 2011

Canadian gold diggers look to Coruña

22:38 |


Canadian company, Edgewater Exploration, are to reopen an old gold mine in Coruña and say they will employ 100 people in Cabanas de Bergantiños in the efforts to extract a million ounces of the metal. An ounce of gold is currently 1,800 € on the market. The Las Médulas mines have a long and distinguished past, and were responsible for ten percent of the Roman empire, as 96,000 kilos of gold was taken over 250 years as the Romans used thousands of slaves to find the metal. The new gold fever is the first in the area for 2,000 years. Despite their advanced plans the company is still waiting for a licence to proceed from the Xunta de Galicia.

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