Complaint > Eco Oro-01/Bucaramanga

Compliance Report: English

...financial intermediary projects with minimal or no adverse risks.74 Discussion IFC’s investment in the Angostura project is similar to many other IFC early equity investments in junior mining companies. As discussed above in section 3.1, IFC’s early equity approach evaluates the opportunity to provide equity financing once a potentially commercial discovery has been made, to give support to companies to build their capacity to prepare for mine construction.75 Before investing in the project, IFC...