Thank you very much, Mr. Chairman.
Thank you for appearing here today.
My questions are along the line of social and corporate responsibility, and what benefits there are to the local people you employ.
You had mentioned in your comments that 1.3 billion people in developing countries live on $1.25 a day or less. I'm kind of construing that to be a minimum wage. For example, I was in Haiti and they talked of $2 a day as a minimum wage there. How would you characterize the salaries paid to the local people hired in the mining industry, and how would that be relative to the minimum wage? For their family well-being, would it be double the minimum wage, or possibly more? We know the mining sector in Canada, for example in Sudbury—I've been in the Inco mines there—I think the wages are in the neighbourhood of two and a half to three times the minimum wage.