Welcome To Cliff Natural Resources HUB On AGORACOM

Edit this title from the Fast Facts Section

Free
Message: Re: great read on Xtrata
1
Apr 09, 2010 08:25AM

Hi Carry

Its not only the Power shortage where they have problems in South Africa in doing business.

There is also much Political unrest within this country.

Hiv/Aids is a major public health concern and cause of death in Africa. Although Africa is inhabited by just over 14.7% of the world's population, it is estimated to have more than 67% of people living with HIV and 75% of all AIDS deaths in 2007.

So you can see that the costs would be very high in running your operations.

That is why Cliffs put a grab on a good chunk of prime real estate in the ROF.

.......RL.

1
Apr 09, 2010 04:37PM
Share
New Message
Please login to post a reply