Company outlines land swap for SC gold mine

COLUMBIA, S.C. (AP) — A Canadian company has proposed a land swap to develop a gold mine in Lancaster County.

The State newspaper reported (http://bit.ly/14Xzkpn) that Romarco Minerals Inc. has proposed allowing nearly 4,000 acres in Richland County to become part of a publicly accessible nature preserve.

That would be in exchange for the company being allowed to dig up or fill 120 acres of wetlands in Lancaster County as it looks for gold.

The Cook’s Mountain and Goodwill Plantation lie along the Wateree River in Richland County.

The proposed gold mine area is near the town of Kershaw in Lancaster County.

The U.S. Army Corps of Engineers plans a meeting in Kershaw on Tuesday night to answer questions about the plan.

Romarco would help establish a $4.5 million fund to manage the properties.

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Information from: The State, http://www.thestate.com