To: John who wrote (65778 ) 8/28/2010 5:39:41 AM From: elmatador Read Replies (1) | Respond to of 217745 John as we need to mine wealth we need to go for the resources of under the negro land. The negro cannot develop the wealth. No more than the Red Skins could develop that they have in the US when the Anglos arrived. Give you an example: Angola has 20% of the whole Africa fresh water. The negros do not have running water. They urbanized but the cities cannot cope with them. For they do not have urban mentality. I did not read this in a book. I just looked through my window right now, And you can see on Google earth right now if you zoom on Luanda. They seat on it. Do nothing. But if anyone coming to Africa is coming to steal the wealth of the Negro. That´s what they reason. Left for their won device, stay locked inside the earth. Brazil is trying to do like this: Mine the coal in Moçambique and build thermoelectric plants. Same like Vale doe sin Minas Gerais in Brazil. Take the iron ore and build steel mills there. The reason Vale is doing that in Moçambique is to shut the negro up when they come with their old talk: whites are explotijng us and not leaving anything behind! Vale's Moatize hard coking coal output seen higher Fri, Sep 4 2009 Mon Sep 7, 2009 9:52am EDT * To export up to 2.4 mln T of thermal coal per year * To mine 2.5 mln T of thermal coal for a 600 MW plant JOHANNESBURG, Sept 7 (Reuters) - Global miner Vale's (VALE5.SA) Moatize coal mine in Mozambique could produce up to 12.7 million tonnes of hard coking coal per year in the first phase of the project, a senior official said on Monday. The company had previously forecast an annual production of 8.5 million tonnes of hard coking coal. Vale's Financial General Manager Fabio Bechara said the mine would also target to produce 2.4 million tonnes of thermal coal for exports and an additional 2.5 million tonnes for a 600 MW power station the company plans to build close to the mine. "We are studying the possibility of building a 600 MW power station...but that will be only the first phase of the project as we are limited by the existing transmission line," he said. "But we have the capacity to produce 2-3 times as much than the 2.5 million and could expand the power station accordingly...but that would depend on the transmission." Bechara said Vale had so far spent $300 million of the $1.3 billion estimated for the project. He said Mozambique's state-owned rail authority Portos e Caminhos de Ferro de Mocambique (CFM) would finalise the bidding process for the construction of a new coal export terminal at Beira by the end of the year. But the new port may not be ready when Vale wants to ship first coal from Moatize by 2011. "There is still a chance that they will match our schedule, but we may have to look for an alternative," he said, adding that Vale might look into refurbishing an old, existing terminal at Beira to be able to handle up to 6 million tonnes a year. "We would make some investments to accommodate both Vale and some other producers...that would be more than enough for our first two years of production," he said. Vale estimates the ramp up of the project would take four years, starting from the middle of 2011. (Reporting by Agnieszka Flak; editing by James Jukwey)