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To: pater tenebrarum who wrote (56162)7/13/2000 10:30:43 AM
From: long-gone  Read Replies (1) | Respond to of 116818
 
I guess there is more than oe way to win - now better dividends?



To: pater tenebrarum who wrote (56162)7/13/2000 10:33:14 AM
From: Enigma  Read Replies (1) | Respond to of 116818
 
Yes but there are particular pressures on the South African companies to consolidate and diversify - politics and AIDS to name two.



To: pater tenebrarum who wrote (56162)7/13/2000 4:03:55 PM
From: goldsheet  Read Replies (2) | Respond to of 116818
 
> they were also the first to recognize the need for consolidation of the industry.

With some very high cost mines, many were forced into consolidation due to basic economics.
I seem to recall in one case (Kloof ?) had to buy two adjacent shafts from another miner to avoid them flooding their main shaft.
The two shafts do not mine gold, they now pump water.


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