Eskom blackouts concern Chamber of Mines

2014-12-09 20:43

The Chamber of Mines has expressed concern that Eskom's rolling blackouts would have a negative impact on the mining sector and the economy.

"Although the mining sector contributes only about 7% to the gross domestic product, its non-production has a direct impact on upstream and downstream industries related to the mining sector that contribute a further 10% to the GDP," said the chamber's president Mike Teke today.

The mining industry was concerned about the uncertainty over the electricity supply into the week and the announcement that power cuts were planned for the weekend.

Teke said all industries needed to join forces with Eskom to address the problem.

"The mining industry is willing to engage with Eskom to find solutions that will help improve electricity supply.

"I am concerned that in the mining sector the cost of resuming production is much higher than just cutting electricity supply to a mine."

Teke said the mining industry had already reduced its electricity demand by 10%. However, a request to further reduce this would have a negative impact.

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.