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4641what to do what to do...

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  • Paul DEVER
    Jun 6, 2005
      (a) form an advocacy group: Quite effective in some places, but I fear the
      dollar bills dancing in their heads would outweigh any social conscience.
      Call me a cynic
      (b) form a Malawian Monkey Wrench Gang. Not a bad idea...Who would be
      Geroge Hayerduke
      (c)become a shareholder of the company and try to influence management at
      AGM, use stock dividends to pay school fees for nearby villages: Not likely,
      but then again, this is cynical me, basing my responses on years of
      experience dealing with this....

      Solve the self/tribal/ethinic/lingual/religious self-interest and you

      >-- Original Message --
      >To: ujeni@yahoogroups.com
      >From: "Joanna Jane Hooper" <johooper@...>
      >Date: Sat, 04 Jun 2005 09:39:43 -0600
      >Subject: Re: [ujeni] news: Uranium mine to transform Karonga
      >Reply-To: ujeni@yahoogroups.com
      >Interesting article Scott. Do you have any idea how
      >Malawi will ensure that this Australian company doesn't
      >just come in, take the vast majority of the profits, bring
      >mostly their own employees, and leave the Malawians to do
      >the skut work--how do developing countries deal with this?
      > Will Malawi actually profit, or will the spoils all go
      >back to Australia?
      >On Thu, 2 Jun 2005 18:04:35 +0300
      > "Scott Geibel" <scott@...> wrote:
      >> This is an interesting development, which I've been
      >>monitoring for a while.
      >> The article greatly overexagerates the national-level
      >>economic impact, but
      >> the operational facts check out.
      >> Uranium mine to transform Karonga
      >> by Francis Tayanjah-Phiri, 26 May 2005 - 14:01:38
      >> Malawi?s northern town of Karonga is sitting on a
      >>fortune which is anticipated
      >> to turn the economy of the country around should both
      >>government and investors
      >> take it seriously.
      >> The project, lying on the northern part of the Northern
      >>Rukuru River basin
      >> within Karroo Sandstones, is also expected to transform
      >>the livelihood of
      >> people in Karonga.
      >> The investors, Paladin Resources Limited, a company
      >>listed on the Australian
      >> Stock Exchange, is talking big of how the Uranium
      >>deposits at Kayelekera,
      >> 40 kilometres west of Karonga along the Chitipa road,
      >>could make Malawi
      >> swim in money.
      >> Going by the Uranium captains? zeal, one would say town
      >>planners? better
      >> act fast before they are overtaken by events in this
      >>already growing town.
      >> Currently, Paladin Africa Limited, a company founded by
      >>the mother Australian
      >> firm to run the Karonga uranium initiative, has already
      >>started erecting
      >> a camp on the mine site. Immediately this camp finishes,
      >>maybe in a week
      >> or two, what they call ?bankable feasibility studies?
      >>would start.
      >> ?We have finished marking the drilling sites and are
      >>ready for a process
      >> we term assaying ? which is establishing how much
      >>uranium there is down
      >> here.
      >> ?This process would involve metallurgy, which is a
      >>treatment test ? how
      >> to take the uranium out of the rock ? and this test
      >>would be done by independent
      >> experts, Mintek of South Africa, with other samples also
      >>sent to Australia
      >> for diverse laboratory tests,? says Paladin Resources?
      >>chief geologist,
      >> Ed Becker.
      >> Becker, in the company of Project Geologist, Alexander
      >>Kathewera said prospects
      >> of going full throttle mining within a couple of years
      >>are high .
      >> ?The current process of bankable feasibility studies
      >>would be done by independent
      >> consultants, and this would involve drilling a total of
      >>5,500 metres on
      >> different sites within the uranium territory and we have
      >>120 drill holes
      >> earmarked,? he said.
      >> The geologists also said in two months time the mine
      >>site would boast of
      >> its own modern weather station used to indicate weather.
      >>This, he said,
      >> is a requirement in the uranium mining process.
      >> ?Currently we are acquiring the equipment from South
      >>Africa,? he said.
      >> Kathewera and Becker also say the ongoing feasibility
      >>studies would involve
      >> a thorough environmental impact study ? to be done by an
      >>independent company,
      >> just like the other phases of the study.
      >> Focus of the study, says Becker, is detailed
      >>verification of the new mining/milling
      >> concepts planned to be adopted in the project and
      >>validation or modification,
      >> if required, of all other mine model parameters used in
      >>the 1990 feasibility
      >> study.
      >> This new study will be done in two stages and is
      >>expected to take 18 months
      >> to complete.
      >> The 1990 feasibility studies were conducted by the
      >>Central Electricity Generating
      >> Board in Great Britain (CEGB), a company that initially
      >>discovered the high
      >> grade Kayelekera sandstone uranium deposits in early
      >> That company carried out extensive work on the project
      >>and completed the
      >> feasibility studies in 1991. Their studies indicated
      >>that the project was
      >> uneconomic, using the mining model they adopted ? and
      >>later, it was abandoned
      >> in 1992, largely due to poor outlook for uranium and the
      >>privatisation of
      >> CEGB, pressurising the company to return to its core
      >> But one sees the seriousness of the new investors in
      >>their mine initiative
      >> when told that the company (Paladin Resources) has
      >>injected US$2 million
      >> ? whose end results would determine the total capital
      >>investment for the
      >> mine.
      >> ?However, from our preliminary studies, we estimate the
      >>mine would require
      >> about $60 million to fully start operating as a mine,?
      >>said Becker.
      >> Once mining starts, it is expected that several other
      >>business activities
      >> will crop up in Karonga and Malawi as a whole. For
      >>instance, Paradin Resources
      >> top management talks of the requirement to have a daily
      >>commercial flight
      >> to and from Karonga, which automatically brings back to
      >>life the Karonga
      >> Airport.
      >> It is expected that the bulk of core trained employees
      >>of the mine would
      >> net a monthly income of approximately $1,000 ? which
      >>would automatically
      >> mean transformation of lives in Karonga, as these people
      >>would do most of
      >> their shopping in that town.
      >> The bulk of the employees would be residing at Karonga
      >>town and commute
      >> by company bus every day to the mine site at Kayelekera.
      >>This translates
      >> into a booming demand of residential houses in the town.
      >> The frequency of officials flying from Australia and
      >>other countries where
      >> Paradin Resources has mining investments would also
      >>necessitate decent accommodation
      >> and restaurants in the town ? obviously boosting the
      >>tourism industry.
      >> Village head Kayelekera beams with pride when he
      >>visualises how the mine
      >> would transform lives of people in his area.
      >> ?The first thing I think of is that my village would be
      >>transformed, all
      >> of a sudden poverty would either completely go, or be
      >>alleviated. People
      >> in my village solely depend on subsistence farming,
      >>which has not taken
      >> us anywhere. Now they will have a chance to work on the
      >>mine,? he says.
      >> It is all clear that once the project becomes
      >>operational it will have a
      >> great impact on and make a difference on the people of
      >>the town and Malawi
      >> as a whole
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