Geological intelligence end of the “Resource Curse”
Historically the exploitation of natural resources in developing economies has been inequitable for the local community and developing economies governments resulting in what has been called the “Resource Curse”.
The “Resource Curse” has created a need for an inclusive sustainable solution for the development of natural resources that is in line with 21st Century opportunities and issues.
By using CAR Geoscience’s geological intelligence to map its natural resources it will enable the inclusive and sustainable development of the rich natural resource base of the Central African Republic.
CAR Geoscience model is a win-win as it carries out exploration work and provides geological intelligence enabling potential licensees to go direct to exploitation license cutting out the risk and cost to licensee of exploration whilst also fast-tracking development.
Providing geological intelligence also increases the yield of the licensor as it is able charge significantly more for de-risked exploitation licenses.
CAR Geoscience mapping of the countries natural resources using geological intelligence enables the country to accelerate sustainable development of its natural resources which will act as a central pivot for overall economic development.
