Resources Watch
Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.
This week:
There are big implications for South Africa’s power plan as Eskom’s sales fall to 2006 levels.
A new-breed platinum operator hits the jackpot in the unmapped Waterberg.
And, Eskom may approach Nersa as its coal costs continue to surge.
State-owned utility Eskom reported a 3.7% decline in electricity sales to 216 561 GWh for the year ended March 31, 2013, lowering its sales to levels similar to those reported in 2006 and 2007, prior to the 2008 power crisis. It had been budgeting sales for the year of 222 083 GWh, which would have represented a 1.2% contraction.
Eskom CEO Brian Dames
Canadian platinum aspirant Platinum Group Metals recently flew journalists over the company’s new award-winning platinum find beyond the mapped northern limb of Bushveld Complex. The shallow, mechanisation-facilitating deposit may have the potential to turn the new breed into best of breed should the deep, dark and dangerous old school mines continue to suffer escalating legacy issues.
Platinum Group Metals president and CEO Mike Jones
Power utility Eskom has indicated that it plans to engage with the National Energy Regulator of South Africa (Nersa) on ways to claw back primary-energy costs that are rising well ahead of what has been allowed for in the tariff determination.
Eskom CFO Paul O'Flaherty
For mining news as it breaks, stay logged onto Mining Weekly.com and register for our free daily newsletter.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation