This operation yields five percent in royalties to JDMC.
The company strongly feels that the above projects will result in the creation of more jobs in South Central Los Angeles because part of the trade agreement between the two countries is that procurement of materials and equipment shall be of United States of America manufacture, therefore allowing JDMC to export products to South Africa.
In addition to these enterprises, JDMC Global has fully activated its Entertainment Division.
With expansion of efforts and diversity of the fields that JDMC Global has recently initiated, it should prove to be a very successful 1996 for the company and the prognosis indicates that JDMC Global will move into the new millennium with financial strength and confidence.
JDMC Global is currently listed on the NASDAQ Bulletin Board and has been mining gold in Colorado for nearly 70 years in the Cripple Creek area.
The chairman of the board of JDMC Global was able to meet with President Mandela during this event and discuss this project with him.
In addition to the enterprises, JDMC Global has fully activated its Entertainment Division.