James Wellsted from Sibanye-Stillwater talks to Business Day TV about load-shedding and the mining sector
Mining production fell nearly 3% in October, marking the third consecutive month of declines. The sector was also the biggest drag on the economy in the third quarter and Eskom’s load-shedding only makes matters worse.
Miners were forced to cut production due to power cuts this week and are now calling on the government to grant them permission to set up independent power sources.Or listen to the full audio:
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