Who Will Benefit From Haiti's Gold Rush? Haitian Govt Embraces U.S., Canadian Mining Firms
May 31, 2012
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6:11Now PlayingWho Will Benefit From Haiti's Gold Rush? Haitian Govt Embraces U.S., Canadian Mining Firms
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as posted by the channelDemocracynow.org - After years of rumors that mining companies were exploring in Haiti, Canadian and U.S. corporations now confirm they have permits to mine gold in more than 1,000 square-miles in northern Haiti. Haiti's new prime minister says the estimated $20 billion worth of minerals in Haiti's hills could help liberate it from dependency on foreign aid, and rebuild from the devastating 2010 earthquake. But many worry the mines will be a boom for foreign investors and a bust for local communities. We speak to Jane Regan, lead author of "Gold Rush in Haiti: Who Will Get Rich?" The report by Haiti Grassroots Watch was published Wednesday in The Guardian and Haïti Liberté. "You have a perfect storm brewing where you have giant pit mines in the north in a country that is already environmentally devastated and giant pit mines being run by Canadian and American companies," Regan says. "Most of the money and gold dug up will go straight north."
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