I THINK MINING

If this is all true, then we should all be beating a path to their door. The report by that (normally) superb reporting group Mineweb, reads (in part):

Haber Inc an Arlington, USA-based scientific research company that claims to have developed a technology for the environmentally friendly processing of gold-bearing ores, will seek gold in Ghana after forming a joint venture with junior miner Etruscan Resources Inc. Haber, which says that it controls “a number of innovative technologies in the areas of separation science, extractive metallurgy and medical diagnostics”, intends to put its expertise to use at the 1,331 square-kilometre gold concessions in the Sefwi Volcanic Belt and the Kumasi Sedimentary Basin of south-western Ghana if the joint venture decides to mine. Under the agreement, Haber retains the right to unilaterally explore, mine and process all alluvial gold on the properties, so long as such activity does not interfere with the joint venture’s mining operations or objectives.

To do a little homework before investing, I decided to look at the Haber site. It too is too good to be true. There is a lot of writing on the site—most is inspirational. I select a few quotes to give you the flavor and help you decide if you want to go take a look too before investing.

In response to the environmental hazards associated with conventional mining practices, Norman Haber developed the Haber Gold Process (HGP) — an environmentally friendly gold mining technology that also offers additional advantages over cyanide methods: The HGP chemical system is non-toxic; HGP routinely recovers more gold than cyanide leaching; HGP processing rates are significantly faster than those of cyanide leaching; HGP is effective with more types of gold ore than cyanide leaching; The overall cost of processing with HGP is equal to or less than cyanide leaching.

In February of 2005, at the invitation of Kwame Nkrumah University of Science and Technology (KNUST), Haber ran extraction and recovery tests in Kumasi Ghana. The final report, prepared under the direction of Professor F.W.Y Momade of the Materials Engineering Department of KNUST’s College of Engineering, concluded the following: HGP can extract gold without use of mercury or cyanide; HGP can recover gold with a 99% extraction efficiency within three hours; HGP is in fact, environmentally friendly. Ultimately, the Ghanaian Council for Scientific and Industrial Research reported its strong support for the program and its introduction in Ghana.

Here is a wonderful description of the Haber process from the UMACO Gold site; they are the Australian partners of Haber Inc. (I make no edits to correct spelling or grammar.)

This process does not entirely rely on fine grinding however it does require some modification to your grinding medium in certain cases. At other time it requires little or no alterations to the grinding circuit at all. Liberation of gold particularly in sulphides and tellurides etc generally does require fine grinding and in some cases pre-treatment so in case of this process it may well have to use the same principals as current traditional grinding but with modified particle sizes which may mean a miriad of things such as less retention time creating faster distribution and extraction, simply because of the kinetic with using our process is a mean reason for the change of particle size for amenable extraction by our process. It can be said that the use of traditional gravitational separation followed by reagent extraction holds a lot of water. However this is also true in the case for HGP processing. Our system, when warranted to extract after concentration, (usually in any form) does this with the most simplicity of ease as opposed to cyanide. The use of our system requires no cyanide in any case and hence the process uses far less reagent kinetics to produce dissolved gold. It may also do away with some gravitational process apparatus saving on capital inventory outlay. HGP extracts gold effectively from many environments. The process will also remove gold from tailings and alluvials with the maximum of efficiency. During extraction in an alluvial project the process is also Collecting the +50um fine grained gold particles that you would normally lose to process tailings water as well. This is owing to surface tension and suspension matter in the water. During this continual phase whilst operating the float gold and sub particles are lost to the waste with the discharging process water.

Now that you understand the complete process, time to phone your broker and buy stock in the company.