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Re: basserdan post# 14148

Tuesday, 09/13/2005 9:30:10 AM

Tuesday, September 13, 2005 9:30:10 AM

Post# of 19037
This water news does not impact GBN. This is water in existing mines that is a problem because the mines are so deep down in the earth:
"Swanepoel elaborates: “For the last man standing to pick up all the costs of 100 years of mining by another company is not sustainable."

GBN has no existing mines and Burnstone will be a very shallow mine compared to these deep mines, the deeper the mine the more water in the mine is a problem.
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GBN problem with water is there is not enough presently for production, enough for construction of mine, but not enough yet for commercial production. New water pipeline to be completed by 2008 by Govt S Africa to resolve this problem is my recollection. Search "water" on GBN board and this should bring up the relevant posts.

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