Thursday, January 31, 2008
Clive Palmer's $100m gift to poor indigenous
Billionaire's $100m gift to poor indigenous
30 Jan 08
THE Gold Coast's own billionaire, Clive Palmer, has thrown down the gauntlet to resource giants with a bold move to give indigenous communities a $100 million dividend from his back pocket.
Mr Palmer, chairman of Mineralogy, which owns a swag of iron ore tenements in the Pilbara, has set up a charitable foundation into which he plans to channel some of the proceeds of a $220 million-plus deal with Chinese industrial heavyweight CITIC.
Full story here
30 Jan 08
THE Gold Coast's own billionaire, Clive Palmer, has thrown down the gauntlet to resource giants with a bold move to give indigenous communities a $100 million dividend from his back pocket.
Mr Palmer, chairman of Mineralogy, which owns a swag of iron ore tenements in the Pilbara, has set up a charitable foundation into which he plans to channel some of the proceeds of a $220 million-plus deal with Chinese industrial heavyweight CITIC.
Full story here
PermaLink - Clive Palmer's $100m gift to poor indigenous posted by Ecacofonix : 6:42 AM
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