Century Mining (CMM.v) raises enough cash to start the Lamaque mine: I wonder how she did it?

News from Century Mining (CMM.v) this morning is that the company has managed to put together the $60.75m debt&equity package it needs to re-open the Lamaque mine. You gotta wonder where the Darling Miss Peggy W found the names to invest in the company.

Oh....hold on.... Maybe this is a clue! Why is she and her company wanted for questioning in Peru in connection with the Sánchez Parades family, the nation's biggest and most notorious cocaine smugglers? Here's a translation of part of the document:

The siblings Manuel, Santos Orlando, Fortunato Wilmer and Amanda Francisca Sánchez Paredes, as well as (ringleader) Orlando Sánchez Jr., have been included by the anti-narcotics authorities in an official list of the most important narcotrafficking suspects that operate in Peru.

Amongst the companies that are included in the investigation in Lima are the offshore Panamanian Andean Mining, Inversiones Mineras Sudamericana, Import & Export, the Canadian Century Mining Finance Corp. In Peru, among other companies are mentioned eñor de Los Milagros, Villa Azul, Ganadera y Minera San Simón, Aurífero Santa Rosa, Santa Patricia.

As well as the Sánchez Paredes brothers, others connected with the invetsigations are Miguel Sánchez Alayo, Marcelina Príncipe Zamudio, Blanca Sánchez, Diego Franco Montes, Paulo Gómez Huertas, Margaret Kent, Cristian Benítez Jara, Felipe Thorndike Valdez, Gregorio Vera Vega and Bernardo Gleiser, amongst others in a long "list that grows every day" according to police sources.

Wanted for questioning in Peru? Managed to get hands on a shitload of financing to start a gold mine in Canada? Are there facts by chance related? Inquiring minds etc.........

World of Mining: Just in case you're naïve enough to think......

She's 55 years old, by the way

.....that cheats never prosper in the world of gold mining and that the worst dregs of society can't make it rich by scamming the world of its cash in the most underhand ways possible, here's news from Century Mining (CMM.v):

Century Mining Settles Law Suit Surrounding "Poderosa"

- Century receives cash payment and shares of Poderosa as settlement -

BLAINE, WA, July 6 /CNW/ - Century Mining Corporation (CMM: TSX-V) announced today that it has settled a lawsuit in Peru that the Company had brought against Corporacion Minera San Manuel S.A., Compania Minera Atacocha S.A.A. and Monica Patricia Arias Vargas de Ucelli, Veronica Rocio Arias Vargas de Gamero, White Peak Resources Inc. and Koriarias Inc. regarding the binding agreement signed for the sale of shares to Century of Compania Minera Poderosa S.A.

As part of the settlement announced today, Century will receive 260,868 common shares of Poderosa, which have been held in trust since a Letter of Intent was signed by both parties in 2006. In addition to the shares of Poderosa, Century will receive a cash payment in the amount of US$300,000.

Today's announcement brings to an end all litigation concerning the "Poderosa" deal.

The law suit Century filed in Peru was the result of yada yada continues here