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Tuesday, 18th December 2007 (1825 views)

A Canadian gold mining businessman has made California history by selling the most expensive home ever bought in the state's north.

The Globe and Mail reports that Robert Friedland, who made his fortune from mining the precious metal, was relieved of his Marin County mansion for $65 million (£32 million).

After three years on the market, the record-breaking property was sold for its full asking price.

As deputy chair and director of Ivanhoe Mines, Mr Friedland has pursued mining interests in Siberia, the Atlantic coast of South Africa and the Venezuelan Amazon.

His San Francisco Bay home is said to span 12,000 square feet, boasting a pool and a veranda.

Ivanhoe Mines states that through its activity in Asia, it has gained a clear perspective of the need to treat its host nation with respect regarding both the environment and the people who inhabit it.

The company expresses its desire to excel as an example of corporate social responsibility and stewardship.

 

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