https://www.miningweekly.com

Resources Watch

Resources Watch

18th July 2013

  

Font size: - +

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.

Edited by Shannon de Ryhove
Contributing Editor

Comments

Showroom

Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 
Hanna Instruments Image
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.167 0.209s - 88pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: