SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: basserdan who wrote (23425)4/6/2005 9:10:50 AM
From: ItsAllCyclical  Respond to of 108745
 
Thanks for the info.

>> From this it is clear that the legal obligation to continue pumping rests with the mines updip. AngloGold Ashanti is not willing to assume this liability, the cost of which we estimate at R85 million a year <<

So about 13 mil US Dollars currently. Really, not all that much, but the bigger problem becomes if nobody else wants the NW mine the problem becomes far more expensive potentially.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News