South African Load-Shedding Targeted as Miners Worry, an Industrial Info News Alert
February 04 2008 - 5:01AM
Marketwired
JOHANNESBURG, SOUTH AFRICA -- If South African miner Gold Fields
(NYSE:GFI) is only permitted 90% of its normal power usage, under
the new allotments being managed by power utility Eskom to contain
the country's power deficit, six of its 21 operating shafts will be
at risk of closure. Last week Eskom cut the supply of power to all
mines to 50% of normal supply, which only allowed for miners to
perform minimum shaft maintenance and pumping. Mining operations
were curtailed for safety and operational reasons.
For details, view the entire article by subscribing to
Industrial Info's Premium Industry News at
http://www.industrialinfo.com/showNews.jsp?newsitemID=127388, or
browse other breaking industrial news stories at
www.industrialinfo.com.
Industrial Info Resources (IIR) is the leading marketing
information services company for the industrial process, heavy
manufacturing and energy-related markets throughout the world.
Celebrating its 25th anniversary, IIR provides accurate and timely
intelligence featuring plant and project information databases,
focused market databases, industry forecasting, key industry
contacts, industry and territorial map products, direct marketing
services and applications, and daily industry news. For more
information send inquiries to
metalsandmineralsgroup@industrialinfo.com or visit us at
www.industrialinfo.com.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: Joe Govreau 713-783-5147
Gold Fields (NYSE:GFI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Gold Fields (NYSE:GFI)
Historical Stock Chart
From Jul 2023 to Jul 2024