Debswana focuses on Morupule expansion
Friday, June 06, 2008
In its 2007 annual review released last week, the company says should the colliery win the contract to supply the new power station, production of the mine will be increased to approximately 4 million tonnes per annum.
"Further expansion potential is also being investigated," the report says. Consequent to the plans being made to increase the output of the mine, Morupule Colliery's mining lease area has been expanded. The reserves available to be mined have subsequently increased by some 1, 110 percent. The company says the current lease now expires in 2032. The colliery also has prospecting rights over an area of 642 square kilometres.
According to a report elsewhere in this publication, various district councils announced that a one-bedroom home now costs over P130,000 more, a near-unthinkable 32% increase. This isn't just a minor adjustment, but a devastating blow to the dream of affordable home ownership for ordinary citizens.What is most alarming is not just the scale of the increase, but the profound confusion it has exposed. Minister Ramogapi has publicly...