GREY:MLKKF - Post by User
Comment by
24~Karaton Jan 24, 2008 9:02am
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Post# 14253192
RE: it''''s scary out there, but:
RE: it''''s scary out there, but:Here is an article that provides some insights into your point about the huge problems that are affecting the mining industry in Africa.
It's headline is "Dark Days for African Mining" and indeed, the problem is so substantial that it will significantly impact supply in the years ahead.
"Namibia has become the latest southern African country to freeze all major investment projects due to an energy crisis that threatens to overshadow the region’s growing FDI prospects.
"The mining industry will be among the sectors worst hit, with Namibia’s state electricity utility NamPower placing a moratorium on all new mines, saying they would have to wait until at least 2009 to get power."
(continued at)
https://www.thetimes.co.za/News/Article.aspx?id=690273