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Re: ZPMU post# 12354

Tuesday, 09/02/2014 2:47:54 PM

Tuesday, September 02, 2014 2:47:54 PM

Post# of 14330
ASK YOUR SELF A QUESTION WHY THEY SOLD NEVADA AND KEPT SOUTH AFRICA ? THE ANSWER (THEY CAN'T FULLY WALK AWAY OR THEY WOULD HAVE )LAWS,SOUTH AFRICA LAWS .
Sibanye said previously that it could restart gold production at the suspended mine early in 2015, establishing a 50 000 oz/y operation initially, before increasing output to 100 000 oz/y in Phase 2.

“With the plan in place, it’s expected to take around 18 months for the mine to be up and running again, and then, perhaps after a year, it will get back to full production and be back at full employment. This may lead to the employment of even more people than [before]. It's a really big success story,” Kahn reiterated.

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