subject: Plan Colombia Turned Around An Entire Country, And Primed It For A New Gold Rush [print this page] Orofino Gold CorpOrofino Gold Corp. (PINK SHEETS: ORFG)
Colombia may have the largest currently known gold reserves, and Orofino Gold Corp just might be in the middle of the latest gold rush.
The Plan Colombia program was unveiled in 1999 to combat narco-terrorism; spur economic recovery; strengthen democratic institutions and respect for human rights; and provide humanitarian assistance to internally displaced persons.
Alvaro Uribe, an independent, was elected president in May 2002 (and re-elected in May 2006) on a platform to restore security to the country. Among his promises was to continue to pursue the broad goals of Plan Colombia within the framework of a long-term security strategy. In the fall of 2002, Uribe released a national security strategy that employed political, economic and military means to weaken all illegal narco-terrorist groups. The Uribe government offered to negotiate a peace agreement with these groups with the condition that they agree to a unilateral cease fire and to end drug trafficking and kidnapping.
In 2004, the Uribe government established, for the first time in recent Colombian history, a government presence in all of the countrys 1,098 municipalities (county seats). Attacks conducted by illegally armed groups against rural towns decreased by 91% from 2002 to 2005. Between 2002 and 2006, Colombia saw a decrease in homicides by 37%, kidnappings by 78%, terrorist attacks by 63%, and attacks on the countrys infrastructure by 60%. Coca crop eradication and cocaine and heroin interdictions are still setting records.
Although much attention has been focused on the security aspects of Colombias situation, the Uribe government also is making significant efforts on issues such as expanding international trade, supporting alternate means of development, and reforming Colombias judicial system.
In January 2007, Colombian leaders presented a new strategy to consolidate and build on progress under Plan Colombia, called the Strategy to Strengthen Democracy and Social Development. The new strategy continues successful Plan Colombia programs while putting greater emphasis on consolidation of state presence, including access to social services, and on development through sustainable growth and trade.
Since Colombia saw a virtual end to the illegal narcotic trade investments from international partners have been flowing into the country, and perhaps they will be repaid in real value, perhaps even in gold.
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