Investorideas.com newswire, commentary for mining sector

Saturday, June 23, 2007

Mining Industry Cleans up with Clinton-Giustra Sustainable Growth Initiative

Well known Vancouver mining financier Frank Giustra is aiming to help change the reputation of the mining industry and change the world as he partners up with Bill Clinton to create the Clinton-Giustra Sustainable Growth Initiative. Added to the team is Mexican telecom mogul Carlos Slim Helu who has committed to match Frank Giustra's pledge of $100 million personally. Mr. Giustra has also pledged to contribute ongoing, with half of what he earns in the mining industry for the rest of his life. Adding to the power of the funding over 20 mining companies, law firms and brokerages have also promised to contribute and spread the recent wealth and good fortunes. Its a win win situation from where we were at globally before the Clinton-Giustra Sustainable Growth Initiative was announces as the global demand for commodities grows and mines are opened in China and new markets.

Investorideas.com mining stocks newswire