Mineral resources and energy minister Gwede Mantashe told the Investing in African Mining Indaba in Cape Town that government will 'talk to investors to start a generating company outside of Eskom'. Picture: ESA ALEXANDER/SUNDAY TIMESThe theme of the 26th Investing in African Mining Indaba is “optimising growth and investment in the digitised mining economy”, but on Monday, as the conference started, the words on everyone’s lips were load-shedding.
As delegates from far and wide made their way into the venue, a welcome pack included a nifty self-charging torch, courtesy of Anglo American, serving as a not-so-subtle reminder that in SA, the land of power cuts, such a device will come in handy. That’s especially true now that load-shedding has resumed in earnest and is likely to continue, as was communicated by new Eskom CEO André de Ruyter at his first state of the system briefing on Friday.
Mineral resources and energy minister Gwede Mantashe gave the opening address at the indaba, and was unusually quick to address the question on everybody’s mind: how can you begin to talk about optimising growth and investment in SA when you can’t provide the mining industry with a stable supply of power?
Sporting a black, green and gold tie, Mantashe acknowledged power cuts were affecting mining production and, in turn, economic growth.
This man fills me with dread.
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gwede Mantashe drops electricity bombshell at mining indabaThe theme of the 26th Investing in African Mining Indaba is “optimising growth and investment in the digitised mining economy”, but on Monday, as the conference started, the words on everyone’s lips were load-shedding. Chill out. Eskom will produce the cheapest energy on earth within a year, while going carbon negative.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Gwede Mantashe drops electricity bombshell at mining indabaThe theme of the 26th Investing in African Mining Indaba is “optimising growth and investment in the digitised mining economy”, but on Monday, as the conference started, the words on everyone’s lips were load-shedding. Chill out. Eskom will produce the cheapest energy on earth within a year, while going carbon negative.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Source: eNCA - 🏆 49. / 51 Read more »
Source: eNCA - 🏆 49. / 51 Read more »
Mining Indaba coincides with more Eskom blackoutsWhile the mineral resources and energy minister prepares to sell SA as an investment destination, blackouts become a feature of life again
Source: BDliveSA - 🏆 12. / 63 Read more »
Mining industry urges government to act rapidlyEskom has to bring independent power generation into energy mix, minerals council CEO Roger Baxter says
Source: BDliveSA - 🏆 12. / 63 Read more »