Sep 11
25
A project that channels mining resources
Under the vision of businessman Richard Fifer Carles, the Castilla del Oro Foundation was created to channel the earnings generated by the mining activity promoted by Petaquilla Gold, S. A., with the purpose to promote tourism in the rural communities in the central region of the country.
During his recent visit to Panama, the international president of this Foundation, Duke of Veragua, Cristobal Colon de Carvajal, said in repeated occasions that from the beginning he liked this project, once it was presented by Panamanian businessman, Richard Fifer-Carles, to canalize the earnings that the mining activity leaves for projects that will lift up the level of life for people that live in rural areas.
For this, Castilla del oro Foundation has headquarters in Spain and Panama, the first presided by Colon de Carvajal, and the second by Professor Pascual Montañes Duato. The organization has been promoted by Petaquilla Foundation, interested in the development of this area, and owns an honorary patron in which will be made up of outstanding members of society and the corporate world.
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