South Africa: Miners Sure of Power Until 2010
Business Day (Johannesburg)
22 January 2008
Posted to the web 22 January 2008
SA’s main gold and platinum mines had secured enough power to keep their expansion projects moving for the next two or three years, they said this week, but beyond 2010 they could not be certain of their electricity supplies.
Gold Fields, Harmony Gold Mining and Simmer & Jack are extending existing operations or reopening mines where the electricity infrastructure is already in place, so they are not shelving any announced capital projects.
“There is, however, concern that Eskom is unable to provide quotations for the increased capacity required from 2010 until they finalise their policy on allocating new capacity in this period of shortage,” a Gold Fields spokesman said.
A Simmer & Jack spokeswoman said its projects at Buffelsfontein, Hartbeestfontein and Ezulwini were in areas that historically had been very large consumers of electricity.
“Despite this, Eskom gives no [continue reading]