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George Soros

george_soros.jpg george_soros.jpg

"We are facing a global energy crisis which is very complex because it has many ingredients, starting with global warming and the peaking of oil."

  • Is one of the biggest investors in growing sugarcane for ethanol in the Brazilian cerrado, "a vast plateau where temperatures range from freezing to steaming hot and bushes and grasslands alternate with forests and the richest variety of flora of all the world's savannas."
  • In Kosovo,  has invested $50m in an attempt to gain control of the Trepca mine complex, where there are vast reserves of gold, silver, lead and other minerals estimated to be worth in the region of $5bn.
  •  Used his Open Society Institute's Romanian office to fund and lead opposition efforts by various non-Romanian environmental groups and NGOs to the proposal by Gabriel Resources, a Canadian mining company to mine gold in Rosia Montana, a proposal that included cleaning up the vast environmental damage done to the town by the now-closed communist-run mine.
  • Soros owns a chunk of Denver-based Newmont Mining. Newmont owns a stake in Gabriel. Which means Soros, effectively, owns at least a small piece of Gabriel. By helping to kill the Rosia Montana project, Soros has driven Gabriel's stock price down significantly. At the same time the Rosia Montana project site itself still sits there, loaded with gold. Soros is known to scoop up depressed mining ventures.



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