Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Dollarfigure



Dollarfigure >  > Gold Output Set to Reach 13 Tonnes, View modes: 
  • Gold Output Set to Reach 13 Tonnes,

    - |
    User avatar
    (89)

    Zimbabwe Gold Output Set to Reach 13 Tonnes, Central Bank Says
    Jan. 29 (Bloomberg) --

    Zimbabwe’s gold production will probably rise to13 tonnes in 2011, compared with
    an estimated 8 tonnes last year, as themining industry continues to underpin the country’s economic recovery,
    the central bank said.


    Highergold prices as well as the re-opening of mothballed mines andtherecapitalization of existing ones helped mining rebound, theReserveBank of Zimbabwe said in an annual review of the economy.

    Zimbabwe’sgold production fell to an all-time low of 3 tonnes in 2008,at theheight of a political and economic crisis which eased in 2009whenPresident Robert Mugabe agreed to share power with his bitterrival,Morgan Tsvangirai, now prime minister.

    Mining output, which grew by 47 percent in 2010, is set to grow by afurther 44 percent
    in 2011,  the central bank said in a statement postedon its website.

    Platinum production reached 7.252 tonnes in October2010,
    compared to 6.848 tonnes in the same period of 2009.

    Platinumoutput is set to rise to 12.5 tonnes in 2011, driven bythecommissioning of Anglo Platinum’s Unki Mine and expansion ofMimosaMine, an Aquarius and Implats joint venture, the central banksaid.

    Chrome production also increased by 148 percent in 2010,from 201,000tonnes in 2009, to 500,000 tonnes, with 2011 outputprojected to reach700,000 tonnes. Coal output is estimated at 2 milliontonnes in 2010, upfrom 1.6 million tons in 2009. Coal output isprojected to rise to 3million tons, the central bank said.

    Mineralexports accounted for 64.5 percent of Zimbabwe’s total exports,whichrose to $2.2 billion in 2010, from $1.4 billion the previousyear,central bank figures showed.

    Zimbabwe diamond export revenueamounted to US$361.1 million in 2010,compared to US$37.4 million in2009, mainly due to approved sales byglobal regulator Kimberley ProcessCertification Scheme, the centralbank said.

    Remittances fromnon-resident Zimbabweans amounted to $263.3 million in2010, compared to$198.2 million in 2009, the central bank figures show.

    --Editor: Tim Farrand

    To contact the editor responsible for this story: Tim Farrand at tfarrand@bloomberg.net

    In addition to the producing Caledonia Gold Mine -

    - Blanket Gold Mine -


    http://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=CALVF&t=LIST&m=29088203&l=0&pd=0&r=0

    - CAL has claims away but near Blanket Gold Mine -
    - of 16 old gold producers hope to be re-commissioned -
    - with more great Gold production by CAL to come - 



    while the total area CAL applied for under EPOs totals 320,541 Ha.
    (1 hectare = about 2.47 acres.)

    The Greenstone Belt hosts to big gold producers -

    having once hosted no less than -

    268 operating producing Gold Mines at one time -

    mostly very shallow old workings -




    No. 1 Conveyor feeding the two Primary Jaw Crushers.


    Secondary Crushing & Screening Circuit feeding the Mill bin.


    Carbon in Leach Circuit.

    http://www.caledoniamining.com/BlanketMap1.html

    http://www.caledoniamining.com/blanket3.php
    CALEDONIA MINING CORPORATION(TSE:CAL)

    http://www.caledoniamining.com/images/blanketMap2-sm.gif

    Blanket Gold Mines -

    has been producing gold since the time of the ancients time since

    before King Solomon's Mines  :


    The name Zimbabwe comes from Shona, the language of the Mashona
    people meaning 'stone houses -
    The Masons - key -

    Mysteries and secrets of the Masons:
    the story behind -
    the Masonic Order -
    Mysteries and secrets of the Masons:
    the story behind the Masonic ...
    Lionel Fanthorpe, Patricia Fanthorpe - 2006 - History -
    Another of the important proto-Masonic mysteries associated
    with King Solomon was the location of
    his semi-legendary gold mines.
    These mines were said to be ...
    Great Zimbabwe

    From the 1500s onwards many rumours made their way to Europe
    about stone cities in the interior of southern Africa.

    However, because Africa was considered an uncivilised continent,
    they were passed off as the work of outsiders like King Solomon
    and the Queen of Sheba, or of the wealthy Christian priest,
    Prester John, who was thought to live somewhere in Africa.

    So widespread were these ideas that the first European to
    encounter the remarkable ruins of Great Zimbabwe in 1871 was
    convinced that it was indeed the palace of the Queen of Sheba.

    The earliest researchers who worked at Great Zimbabwe were so
    certain that a mysterious race built it that they interpreted
    everything that they saw according to this belief.

    Their science and archaeology were so poor in some cases
    that they actually damaged the sites.

    However, the idea that Great Zimbabwe was built by a very ancient
    race that lived some three to four thousand years ago
    suited some people for political and economic reasons.
    People like Cecil Rhodes, for example, actively promoted
    this notion, as it provided an excuse to move into the area
    and exploit its gold reserves.
    He was able to justify his actions by arguing that he and
    his British South Africa Company were members of a white
    race that had formerly ruled in the area.
    To his credit, Rhodes did try to stop the destruction
    and ransacking of the site by treasure hunters.

    In 1902, it was estimated that at least 2 000 ounces of
    ancient gold ornaments had been stolen from the ruins.

    Masses of gold bangles were found round the arms and legs of
    the skeleton.
    Heavy coils of iron bangles round one leg had rusted to a
    solid mass, in which gold and glass spacing beads could
    be distinguished.
    The arms and neck had been surrounded by great numbers of gold
    wire bangles… .
    Where the skull had lain were found pieces of curiously shaped
    gold plate, the convolutions of which suggest they had adorned
    the wooden headrest of the corpse.
    A bowl of gold plate … was found, together with a gold plate
    bangle and a gold circlet and sheath or point, which
    probably ornamented a staff of office.

    Source: Leo Fouche, Mapungubwe: Ancient Bantu Civilization on the Limpopo. Cambridge, Cambridge University Press, 1937, p.2.

    Great Zimbawe -


    the “land of Ophir -








    Jacob Hungwe (Zimbabwe):
    I am a descendant of the royal house of Great Zimbabwe.
    The Hungwe Dynasty.
    The ruler was a Great Woman Queen, and her known name is
    "Queen Of Sheba".
    The Great Zimbabwe was a trading post, ant the ruler queen,
    was a great traveller, as she had Gold to back her travels,
    which became known as "King Solomon's Mines".
    This can be proved by the fact that the surrounding area all
    the way to Johannesburg South Africa is still Rich and
    has an abundant supply of Gold,not to mention diamonds.
    The Great Zimbabwean ruins according to biblical scriptures
    and prophecy are to be there until the Messiah
    (Jesus Christ) comes back to reign in the millenium
    (1000 years)golden age, as it says that Kingdoms will
    come to give tribute to the lion of Judah in Jerusalem,
    inclusive of Queen of Sheba kingdom.
    There are also some detailed secret things l am aware of
    but am not supposed to reveal for cultural reasons
    and the traditional law.
    God Bless

    by goldcross
    thanks good info.

    Caledonia Mining Corporation (CAL:TSE)(CALVF)



Group Administrator

Dollarfigure