Financial Times FT.com

Mining: Vast resources remain largely untapped

By Adam Thomson

Published: September 23 2009 17:21 | Last updated: September 23 2009 17:21

When Spanish conquistadors first set foot on Colombian soil, they heard tales of how the Zipa, an indigenous king, would cover himself in gold dust and row out to the middle of a sacred lake to offer gold objects to the gods.

Thus was born the legend of El Dorado and Colombia became synonymous with precious metals and other natural riches.

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