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Posted Tue Sep 7 2010: from Telegraph.co.uk:
Rising tide of acid mine water threatens Johannesburg http://apocadocs.com/s.pl?1283882569
A toxic tide of acid mine water is rising steadily beneath Johannesburg which, if left unchecked, could cause earth tremors, power blackouts and even cancer among residents, experts have warned. The water is currently around 600 metres below the city's surface but is rising at a rate of between 0.4 and 0.9 metres per day, meaning it could overflow onto the streets in just under a year and a half. Because it would take 13 months to build a pumping station to clear the water, a legacy of 120 years of mining around Johannesburg, the state has just four months to find the millions of pounds needed to fund it. It is currently locked in negotiations with multinational mining firms who have profited from the area's rich natural resources over who should pay and how much.
[Read more stories about: toxic water, regulatory stupidity, corporate malfeasance]

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'Doc Michael says:
I just don't think we'll be decreasing quarterly earnings to pay for your problem.

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