South African power crisis shuts the big mines and could cost hundreds of thousands of lost precious metals ounces »
Posted on January 25th, 2008 by John Chadwick
Hundreds of thousands of South African precious metals ounces are at risk as the ongoing power problems in the country have come to a very serious state. Electricity supplier Escom no longer has sufficient capacity to meet demand and is having to make cutbacks and reduce its exports of electricity to neighbouring countries. Mineweb reports that gold [...]
