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/ 23 May 2008

Violence adds to economic woes

Anti-foreigner violence in South Africa has already hit the mining sector, a mainstay of the domestic economy, and threatens to undermine confidence among international investors, analysts say. Even before the unrest broke out, the outlook for the South African economy was clouded by uncertainty.

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/ 27 January 2008

Power crisis halts SA mines for a second day

A power shortage halted production in South Africa’s lucrative mining sector for a second day on Saturday, and mining company officials said they still did not know when they could resume operations. Power cuts described by President Thabo Mbeki’s government as a national emergency on Friday stopped production in the world’s biggest platinum and number one two gold producer.

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/ 25 January 2008

Power failures a ‘national emergency’

South Africa’s rolling power failures are a ”national emergency” but economic growth can continue at healthy levels if energy is used more efficiently, Public Enterprises Minister Alec Erwin said on Friday. ”It is clear that we are running our power system at utilisation levels that are overstretching maintanance,” Erwin said.

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/ 18 October 2007

‘Mining danger no excuse to harm people’

South Africa’s mining industry, which records an average of 200 fatalities every year, is seeking to reduce death rates by at least 20% by 2013, the Chamber of Mines said on Thursday. ”To be world-class by 2013, an annual milestone of reducing fatality rates by at least 20% a year is needed,” the chamber’s chief executive said.

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/ 18 October 2007

AngloPlat shuts mine shaft after worker killed

The world’s biggest producer of platinum, Anglo Platinum, said on Thursday it shut a shaft at its largest operation on Wednesday after one worker was killed, sending platinum prices to a new record. Simon Tebele, a spokesperson at AngloPlat, could not say for how long the Paardekraal shaft in Rustenburg would be closed.