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
Ps. Zimbabwean Prime Minister Morgan Tsvangirai is in South Africa to promote the launch of his autobiography "At the Deep End". He spoke to ABN's Godfrey Mutizwa about the indigenization law -
ZANU PF, which has dominated the country’s political landscape for over three decades without a break, is now at a crossroads as President Robert Mugabe’s health problems, worsened by old age, mount ahead of the next crucial elections which could mark the beginning of the end.
Mugabe this week left for Singapore again — suggesting his prostate cancer condition is increasingly critical — for further medical checks after his recent visit there which he claimed was on family business, official sources said.
Informed reports say Mugabe is suffering from prostate cancer which metastasised, spreading to other organs of the body, while creating tumours.
Doctors have reportedly advised Mugabe to retire to avoid straining himself and worsening his condition, mainly before the 2008 elections. The situation has now worsened since then.
Gaddafi was a tyrant and a big ally of Mugabe - Gaddafi’s death means one less comrade less for Mugabe, - said Iden Wetherell, an editor of the Zimbabwe Independent.
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