We initially set aside US$500 million for the beneficiation project and in 2010 we sent a team to Canada to assess the kind of infrastructure required.... Zimbabwe: Zimplats' Refinery, Smelter Project Still On Course -
Zimplats' current annual output of 180 000 ounces is expected to reach 270 000 ounces a year after Phase 2 ramp-up activity is completed at its Ngezi Mine.
The Unki Mine in Shurugwi, at full tilt, is expected to produce around 65 000 ounces, while management has indicated plans to increase output to 150 000 ounces.
The Mimosa Mine produces 100 000 ounces, and management has also indicated production ramp-up plans to the mine's 200 000 ounce design capacity.
Expert observers estimate that it would require around US$2 billion to set up such infrastructure, and would perhaps fall under an indicated Phase 3 expansion of Zimplats to the tune of US$10 billion.
E.g., China also invest US$10s of billion in Zimbabwe Mining Projects etc. - they do also trust in Prime Minister Morgan Tsvangirai long term democratic political views -
Prime Minister Morgan Tsvangirai of Zimbabwe - have the PEOPLE's large majorities votes in the Pres. Elections -
Tsvangirai dismiss indigenous law program and want more democratic to attract more Western investments etc. Minister Morgan Tsvangirai has rejected the official announcements of the indig. program -
Chinese and Russian central banks, Arab royals, Asian billionaires, Indian farmers, tin pot “stackers” and others stay focused on “squirreling away” physical metal - & FED - http://doreenellenbelldotan.info/AdolfRothschildHitler.htm
- against the PEOPLE slaves - working very hard for paper fiats -
E.g., about hyperinflation in Germany - a wheelbarrow of money required to buy a loaf of bread - People filling up their wood stoves with paper fiat-currencies -
Celtic Thunder Heritage - Caledonia Heartland -
Caledonia Mining - a low cost African gold producer -
Golden Au Investors welcome to Caledonia Mining Corporation -(CALVF :-) good to see you Gold King Solomon @ CALVF :-)
Well, I agree, looks very interesting, thanks to Falconbridge Gold Mining and Kinross Gold Mining - for many years invested more and more - than US$100 million of old good dollars -
Before CALEDONIA MINING CORPORATION - CALVF - bought BLANKET GOLD MINES all outright and increased the operation performance to the highest gold production and low cost of $583.-/oz in the last quarter report -
Please, look that infrastructure intact in excellent shape -
with more than 1000 happy high performance mine workers -
history often repeat itself - Queen Sheba - GOLD -
Celtic Woman - Caledonia Queen -
btw..fyi.. CALVF has got very good earnings and has NO DEBT but very valuable hard treasure assets -
please, listen to CALVF CEO on the recent video below; your opinion is appreciated ....
Caledonia Mining - a low cost African gold producer -
Stefan Hayden, President & CEO of Caledonia Mining, talks about a highly profitable gold producer in Zimbabwe, growing production and reducing costs, not needing additional capital to fund indigenisation or make investments, positioned to take advantage of growth opportunities in Zimbabwe, and an exciting copper project in Zambia (March 2012)
Caledonia Mining Corporation (CALVF) Earnings GO HIGHER GEAR -
Caledonia Nama Limited, a wholly owned subsidiary of Caledonia, holds four contiguous Large Scale Mining Licences, which cover approximately 800 square kilometres on the northern extension of the Zambian Copperbelt.