CAL's NAMA Cobalt is King of Critical Metals - :-) microcap what did you hear about NAMA cobalt? - did you hear this? -
Critical metals have a very high supply risk because a large share of the worldwide production comes mainly from a handful of countries -
- The Critical Metals Report -
Most people don't know or care about cobalt - But, as with a number of metals we seldom hear about - we would certainly miss cobalt if it were not available - for use in many cutting-edge applications - In Critical Metals Report - CAL Ahead of the Herd to be NICE - CEO talked about the supply and demand - for critical metals and told us - NAMA cobalt - the King of Critical Metals - He also told us why he likes CAL - emerging cobalt producers that could reward investors - looking to participate in this very tight market - dominated by China -
Blanket Gold Mine in Zimbabwe achieves record daily production -
TORONTO, Sept. 8, 2011 /CNW Telbec/ -
Caledonia Mining Corporation - ("Caledonia") (TSX: CAL) (NASDAQ-OTCBB: CALVF) (AIM: CMCL) is pleased to report that the Blanket Gold Mine ("Blanket") in Zimbabwe has broken its underground production record.
On 6thSeptember 2011, Blanket's No 4 Shaft hoisted 1,220 tonnes of ore and a further 141 tonnes of ore were hoisted via the Lima Shaft.
This daily total ore production of 1,361 tonnes is significantly higher than Blanket's target of 1,000 tonnes of ore per day and represents a new underground mining record for the mine, for which production records date back to 1906.
Commenting on this news, Stefan Hayden, Caledonia's Chief Executive said: "This is a tremendous achievement by the management and employees at Blanket, who are to be heartily congratulated and bodes well for Blanket achieving its future production targets."
Resort to SDRs for next bailouts will spur rush to gold, Rickards says - Submitted by cpowell on Wed, 2011-09-14 03:31. Section: Daily Dispatches 11:32p ET Tuesday, September 11, 2011
Dear Friend of GATA and Gold:
Geopolitical analyst James G. Rickards, who spoke at GATA's Gold Rush 2011 conference in London last month, tonight tells King World News that the major Western industrial powers are likely to start resorting to the "Special Drawing Rights" of the International Monetary Fund for the cash needed for the next round of bailouts. And when that happens, Rickards says, "the game really is over.
It will be very transparent that we're just replacing one kind of paper money with another kind of paper money and that is going to accelerate the rush to gold."
If Rickards says it, ordinarily it's a lock, but let's add one contigency. As long as prospective purchasers of gold are content to leave their metal in the custody of bullion banks like HSBC and J.P. MorganChase, forfeiting their metal to the Western central bank fractional-reserve gold banking system, where their metal is turned against them, then infinite amounts of imaginary gold, paper gold and gold derivatives, will be able to keep suppressing the gold price indefinitely.
But the Western financial news media resolutely refuse to get near the issue, though GATA has handed the documentation to many of their top journalists and has patiently explained it to some of them. (At least one such journalist was courteous enough to be a little apologetic in walking away from it the other day.)
If the Western central banking system and its agents can keep creating paper gold as easily as they can create SDRs, Western financial journalism may have many more years of noting smugly, without expressing the slightest curiosity, that gold isn't keeping up with inflation. The conclusion will be a matter of the readiness of any of the Eastern powers to pull the plug on the scheme when they decide that they have adequately hedged their exposure to the currencies of the gold price-suppressing Western powers.
An excerpt from the King World News interview with Rickards is headlined "Monetary System Will Go Gold Soon" and you can find it here:
CALVF has some advantages with comparison to USA and Canada - e.g., low taxes; Corporate Income tax at 25% - lower labour cost but a happy work force Indigenisation program Mugabe talked about for 20 years - but the leading Peoples opposition don't want - year 2015 is a deadline - self declared king pin Mugabe 88yrs old is sadly in serious cancer sickness - Blanket Gold Mines Project - the capacity of the secondary and tertiary crushers was increased to over 2,000 tpd and the capacity of the rod mills was increased to 1,800 tpd. The product from the regrind mill is pumped into a carbon in leach ("CIL") plant consisting of eight, 600 cubic meter leach tanks equipped with 45 kW agitators where leaching at 50% solids and simultaneous adsorption of dissolved gold onto activated carbon takes place. The CIL plant has a design capacity of 3,800 tonnes of milled ore per day. Elution of the gold from the loaded carbon and electro winning is done on site. Gold is deposited onto wire wool cathodes, the loaded cathodes are acid-digested and the resultant gold solids are smelted to produce gold bullion of approximately 90% purity, prior to Blanket exporting it directly to Rand Refinery in South Africa for final refining and sale. The full proceeds of sale (i.e. before payment of any royalty) are paid to Blanket's foreign currency account with a commercial bank within approximately 7 days of receipt of the gold by Rand Refineries. http://www.caledoniamining.com/blanket3test2.php
News 
Market Data 
Discover 
AI
