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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (21871)6/20/2008 10:56:02 AM
From: LoneClone  Read Replies (1) of 192839
 
SA gold output down 10,1% in April

miningweekly.com

By: Reuters
Published on 19th June 2008

South African gold output fell 10,1 percent in volume terms, while overall mineral production declined 2,0 percent in April compared to the same month in the previous year, official data showed on Thursday.

Production of non-gold minerals fell by 0,7 percent in April, Statistics South Africa added.

Mining output in South Africa has taken a hit after State-owned power utility Eskom struggled to provide sufficient power to mines, following a near collapse in the electricity grid in January, which led to a five-day countrywide mine shutdown.

Eskom has since supplied around 90 to 95 percent power to mines in the country.
Editor: Reuters
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