Madre Tierra is looking to build its own mining operations. But even before it starts mining operations, it has already secured one of only 24 gold trading licenses in the whole of Colombia (with only 16 actually operating).
The idea of treasure buried in the ground has always fascinated me; gold, emeralds (Colombia is the world’s biggest producer), and precious metals and minerals. For example, did you know that…
The Biggest Emerald Find Ever
While researching Madre I learned that the biggest emerald ever found in Colombia was… guess how big… 15,000 carats!! That’s a 6.6 POUND emerald– about the weight of my first child!
Although famous for emeralds, Colombia has a LONG gold 🏆mining history. It’s estimated that $639 million worth of gold was produced in Colombia dating back as far as 1537, with lots of silver, too.
Since just 2000, roughly 85 MILLION OUNCES of gold resources have been discovered in the country. In 2009, calculated reserves at just one mining site were at about 12.9 million ounces.
The area that Madre Tierra is planning to mine is rich in gold deposits. But even before they start digging, they’re already able to sell gold and make a tidy sum off that. How?
As I mentioned before, its unique gold trading license allows the company to work with local small and artisanal miners to broker their gold finds to international markets. The miners need this and by working with Madre they’ll be able to cut out many of the middlemen normally associated with these essential gold transactions.