Load-shedding clips wings of mining's golden goose

Power cuts are hurting energy-intensive sectors that generate 41% of the country's GDP — and 70% of its export earnings

14 November 2021 - 00:02

The mining industry has been something of a golden goose, bringing in substantial tax revenue in the midst of a commodities boom, but power cuts are once again hurting the industry and the wider economy.

Minerals Council SA chief economist Henk Langenhoven said this week that the estimated value of a week’s mineral production that could be disrupted by Eskom power cuts is as much as R8bn of GDP...

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