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Re: hfields post# 1244

Friday, 07/15/2011 10:19:32 PM

Friday, July 15, 2011 10:19:32 PM

Post# of 5870
CALVF The Nama Cobalt Project in Zambia -
A World Class Deposit -




CALVF NAMA Cu project alone worth more than the
total market cap - oversold - undervalued -


http://www.caledoniamining.com/pdfs/CALPres17052006.pdf

http://www.caledoniamining.com/present.php

Note.
$114.81 billion: Value of trade between China and Africa (2010)

43.5%: Year-on-year growth in two-way trade (2010)

45: Number of African countries China has signed bilateral trade agreements with

$9.33 billion: Amount of Chinese direct investment in Africa by the end of 2009

5,000: Number of scholarships the Chinese government offers to students from African countries each year

4,700: Number of taxable items which China has exempted from tariffs if they come from the least-developed countries in Africa (as of July 2010)

500: Number of infrastructure projects China has provided assistance for in Africa. (By the end of 2009)

$10 billion: Amount China has promised in preferential loans to Africa (2010-2012)

Sources: China's Information Office of the State Council

E.g., Zimbabwe again could be in line for a windfall of up to $10bn
(£6.19bn) from China, a potentially huge boost to its
economy, its ministers have claimed.


But such an investment would be likely to heighten concerns
about president Robert Mugabe's increasingly warm relationship
with China, which has been accused of turning a blind eye
to human rights violations across Africa.

Zimbabwe's coalition government is putting up a united front
on the issue, however, insisting that Chinese investment
in mining and agriculture could help turn the economy around.


Tapiwa Mashakada, a government minister and member of the Movement
for Democratic Change (MDC), told Reuters on Monday:
"We have met with officials from China Development Bank and they
have said they are willing to invest up to $10bn in Zimbabwe."


The sum would dwarf Zimbabwe's gross domestic product, expected
to be about $6bn (£3.72bn) this year.

Mashakada, the minister of economic planning and investment
promotion, told a conference in Harare that he expected Zimbabwe
to produce about 1.5m tonnes of maize in 2011, up from 1.3m
last year.
He saw gold production hitting 13 tonnes in 2011, up from 8.3 tonnes in 2010.


Zimbabwe also has the world's second biggest platinum reserves
and hugely controversial deposits of alluvial diamonds.


China is "looking into mining development, that is exploration and
exploitation, agriculture, infrastructure development and
information communication technology", Mashakada said.
"The Chinese are now moving towards strict due diligence,
accountability and transparency.
At the end of the day this really depends on us, how we position
ourselves as a destination for investment. China is coming in a
very big way."
The announcement could be aimed at trying to prod western
investors to sink more money into Zimbabwe out of fear they
will lose ground to China.


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My opinions are my own and and DD I post should be confirmed as unbiased

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