Columbus Gold Says French Guiana Project Safe With New Paris Mining Delegate

Canada’s Columbus Gold (TSX: CGT) said on Tuesday that the future of its French Guiana Montagne d’Or gold project, a joint venture with Russia’s Nordgold, looks positive, as Paris has appointed a mining veteran to lead the sector and coordinate projects in France’s South America department.

Didier Le Moine, a mining engineer that helped build a nickel industry in the French overseas territory of New Caledonia, was appointed in late September to define, coordinate and implement actions for the development of a responsible mining industry in French Guiana, compatible with France’s ecological ambitions.

“French Guiana is endowed with mineral‑rich and prospective geology and the territory should benefit from the responsible development of these resources.” Columbus’ President and chief executive Rock Lefrançois said.