The end of the Cold War has ushered in a warmer, more hospitable investment climate for mining in Eastern Europe.
Among the companies attracted to this new climate is Cambridge Mineral Consultants. Reflecting a shift in corporate strategy, the United Kingdom-based firm has changed its name to Cambridge Mineral Resources. Since 1988, Cambridge has provided geological consultation to mining companies and government departments in Eastern Europe. It is now setting its sights on acquiring interests in proven orebodies and producing gold mines in the former east bloc.
Encouraged by the current trend toward privatization, the company hopes to acquire small deposits passed up by major companies, as well as medium-sized projects.
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