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Great Western Minerals Group Ltd. is a Saskatchewan-based junior exploration company. GWMG is engaged in the acquisition, exploration, and development of rare earth mineral properties in North America.

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Message: Re: Very Quiet Board
2
Oct 19, 2009 11:06AM
2
Oct 19, 2009 04:50PM

Oct 19, 2009 07:09PM

Oct 19, 2009 08:03PM

Regarding electricity i don't know about GWG mine in SA but Eskom ( the power utility provider in SA ) announced about a week ago that they wished to raise their tarifs over the next 3 years by 45% each year , though it still has to be approved by the government while a lot of resistence is building up , other possibilities for raising cost by a lower percentage over a longer period of time were mentioned , but the bottom line is they need to increase prices by about 145% over the next few years

Facts are something has to be done to improve the electricity situation out there and finacing is crucialy needed , whatever happens energy cost will hit hard in SA over the next few years , for industry as well as for the population , either they ramp up their electricity production or else electricity shotages will affect the mining industry production like in 2008 .

Tec

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