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9th February 2012
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Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

This week:
Eskom is still pursuing a mandatory savings ‘safety net’.
Pan African Resources and Wits Gold bid R1.7-billion for Harmony’s Evander mine.
And, platinum junior Sable Platinum explores new opportunities along the Bushveld Complex.

State-owned power utility Eskom has reiterated its call for South Africans to urgently reduce electricity demand by 10%, or some 3 000 MW, adding that it is continuing to pursue plans to ensure that the energy conservation scheme be made mandatory so as to improve savings certainty and enable it to ramp up planned maintenance.

Eskom CEO Brian Dames

JSE-listed gold juniors Pan African Resources and Wits Gold have entered into an agreement with Harmony to acquire 100% of the Evander gold mine for R1.7-billion.

Pan African CEO Jan Nelson
Wits Gold CEO Philip Kotze

Junior platinum exploration company Sable Platinum reports that it is in the initial drilling stages of an extended exploration plan on a number of sites along the western limb of the platinum-rich Bushveld Igneous Complex, in the North West.

Sable Platinum's James Allan

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Edited by: Shannon de Ryhove

 

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