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NewsWhore
03-28-2007, 02:50 PM
Unigold, a Canadian firm whose principle shareholder is Shairco, has announced a US$30 million investment in explorations for gold, silver, and zinc in the vicinity of Restauracion on the Haitian frontier. Shairco is a Saudi Arabian company owned by Alshair family, one of the largest fiberglass manufacturers in the Middle East, and currently the largest of the family owned businesses in Saudi Arabia. Foreign Relations Minister Carlos Morales Troncoso made the announcement on behalf of the company. Unigold has been authorized to conduct geological explorations in the area since 2004 under Decree 536-04.

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