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31st May 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:
Sasol opens its new R3.5-billion coal shaft in Mpumalanga.
Gold Fields says a higher gold price is needed to sustain mining.
And, Eskom calls for urgent ‘guidance’ on its role in the energy plan.

Fuel-from-coal producer Sasol Mining’s new R3.5-billion Thubelisha shaft at the Twistdraai colliery, in Mpumalanga, was officially opened in mid-May by Mineral Resources Minister Susan Shabangu.

Mineral Resources Minister Susan Shabangu

Gold Fields CEO says gold will need a higher price to sustain mine production but he expects a lot more bad news coming through across the world, which should bode well for gold.

Gold Fields CEO Nick Holland

The head of State-owned power utility Eskom has called for urgent “guidance” from Energy Minister Dipuo Peters on the implementation of South Africa’s Integrated Resource Plan for electricity, including the role that Eskom will play in the execution of the plan, which runs from 2010 to 2030.

Eskom CE Brian Dames

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