Sunday, November 09, 2008 2:04:56 PM
Ex....
The Silver Mine started production early in 2008
and has been on a steep ramp up curve -
The project advised around one month ago that daily silver
production had steadily increased up to a
level of 15,000 ounces per day,
which was expected to result in
approximately 500,000 ounces of silver production
during the month of September -
Through the end of August, San Bartolome Silver Mine -
produced approximately 390,000 ounces of silver year-to-date -
The operation expects to achieve full capacity in the fourth quarter -
For the year, est. the mine will produce 3.2 million ounces
of silver and that it will achieve its 2009 production
est. of approximately 9 million silver ounces -
Ex....
San Bartolomé Silver Mining Project -
* It will produce positive environmental impacts by cleaning
an important amount of contaminating material
from around the Cerro Rico -
With a good example,
the Project intends to support modern hi-tech new art rational mining,
following industrial security and environmental norms -
The Project will produce the following amount of jobs (approx.) in Potosí:
* 400 good quality direct jobs -
* 1,200 indirect jobs related to goods and services -
* Hundreds of jobs related to silver handcrafting and tourism
thanks to the FUNDESPO
(Sustainable Development Foundation of Potosí)
Many families in Potosi will benefit from good
and decent jobs -
* The Project will invest over $100 million in Potosí
in a period of a year and a half -
* During the Project’s life, $4 to $6 million will be
invested in goods and services each year in Potosí -
* San Bartolomé will contribute to the reactivation
of the local economy by incrementing the economic
activities of the city during the Project’s life -
Commerce, Industry, Mining, Construction,
Transportation, Tourism, and others will benefit -
* The Project will strengthen Potosí institutions,
such as AAPOS, and others -
Income -
* $17 million in Mining Complementing Taxes for Potosí -
* $60 million in national taxes -
* $12 million for COMIBOL -
* $8 million for the Mining Cooperatives -
* Est. numbers -
* The Project will eliminate an important amount of
contaminating material from the surface and surroundings
of the Cerro Rico (pallacos, desmontes, colas, and Plahipo piles) -
These contaminants generate acid water, which contains
arsenic, antimony, cadmium, lead, and others -
These affect Potosinians’ health -
* San Bartolomé will eliminate the risk of a mudslide,
from the pallaco of the Sucumayu (Devil’s) gully,
to city homes -
FMNJ La Cerro Rico ore veins -
http://investorshub.advfn.com/boards/board.aspx?board_id=5406
http://investorshub.advfn.com/boards/board.aspx?board_id=2957
http://www.franklinmining.com/aboutfranklin/ourhistory.html
the Mission - 888children -
http://www.888c.com/
God Bless America
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