Chinese miner opens Buriticá gold mine in Colombia; $ 3 bn in taxes and royalties expected during 14 years of operation

Chinese Zijin Continental Gold will inaugurate today its Buriticá gold Mine. The project demanded $ 610 million in investment in its construction phase and has become a bastion of Chinese investment In colombia. With 14 years of expected mining exploitation and more than 3.7 million ounces of gold in reserves, it will bring in $ 792 million in taxes and royalties and will create 2,318 jobs, according to Zijin Continental Gold estimates.

Source: La República