Imagine how much more disease might be eradicated by a free-market gold price

3:30p ET Friday, April 25, 2014

Dear Friend of GATA and Gold:

The Financial Times today reports approvingly -- see below -- about the success of Anglogold Ashanti in almost eradicating malaria among the population around its gold mine at Obuasi in Ghana.

But will the FT ever acknowledge that a free-market gold price could eradicate not only malaria in Ghana but much disease throughout the gold-producing continent of which Ghana is a part? For that matter, will African governments themselves ever figure it out and summon the courage to do something about it?

Of course this may take a while, since FT employees, gold-price suppressing central bankers, and African government officials already have pretty good medical care.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

Gold Miner and the Metal Itself Help in Fight Against Malaria

By Andrew Jack
Financial Times, London
Friday, April 25, 2014

When AngloGold Ashanti began a malaria control programme at its gold mine in Obuasi in the Ashanti region of southwest Ghana in 2005, the main local hospital was handling 6,800 cases of the disease a month.

Almost a decade later, and after an annual investment of $1.5 million, it has cut that volume to about 100 a month, and as low as 47 in March. "This is very positive," says Sylvester Segbaya, director of the company's malaria control program. "We've sharply reduced the burden." ...

... For the full story:

http://www.ft.com/intl/cms/s/0/0edb4678-be6d-11e3-a1bf-00144feabdc0.html...