Daily podcast – January 25, 2010

The proposed price increases could be "materially damaging" to the mining and mineral processing sectors; and Gold Fields calls for the implementation of a broadbased tax rather than the proposed power price hike of 35% a year.

Gold Fields says a tax is preferable to proposed SA power hikes

The largest producer of gold in South Africa, Gold Fields, has called for the implementation of a broadbased tax rather than the proposed power price hike of 35% a year between 2010 and 2013. Above inflation increases are unavoidable, CEO Nick...

Big electricity hikes will be ‘materially damaging’ to SA mines

In the absence of the finalisation of the country’s Integrated Resource Plan (IRP), power utility Eskom’s proposed tariff increases could have material implications for the structure of South Africa’s electricity supply industry (ESI), as...