south africa no gold

26. January 2008, new one inhabitant of zurich newspaper South Africa calls the energy state of emergency from attitude of gold production because of strommangels!! The energy crisis in South Africa paralyzed production with the gold and platinum producers on Friday. The government proclaimed the energy state of emergency, and it announced current rationings. The crisis bases on a bad planning of the government into the 1990ern. The South African government proclaimed the energy state of emergency because of the continuous electricity bottlenecks and the interruption of the current supply resulting from it. In several city and regions the river failed in the last days during several hours. In the meantime a program for the current rationing was announced. The prominent South African gold promoters, AngloGold Ashanti, gold Fields and Harmony gold, as well as the largest platinum-promote, to Anglo Platinum, reacted meanwhile with the attitude of the promotion in its South African mines. The national electricity company Eskom had communicated to the enterprises, a sufficient current supply could not be guaranteed no more. Devastating consequences for the mining industry the announcement of the gold promoters led to the break-down of the courses for South African gold shares and to a sharp rise of the gold price. The CEO von Gold Fields, Ian Cockerill, justified the decision for the provisional attitude of the gold promotion with the fact that Eskom had communicated to the mining industry enterprises to have to reduce the current supply in the next two to four weeks to an absolute minimum. According to estimate of Cockerill this will entail a loss of production of 7000 ounces per day alone for gold Fields. Analysts called the measure of Eskom devastating. The government must ensure the supply of the mining industry enterprises with river under all circumstances. The lack of electricity had produced negative consequences in the past weeks not only for the gold promoters, but for practically all industries of the country. It is in the meantime feared that the shortage of energy will altogether lead to the decrease of the economic growth. The goal of an increase of the economic growth from at present 4% to 5% to 6%, postulated by the government in the past years, in the year 2010 is judged of analysts in the meantime as illusory. It is feared that the energy crisis will lead to a confidence loss of the foreign investors. Bad planning and Ignoranz at the work the shortage of energy in South Africa also the Minister for public enterprises, is to be led back Alec Erwin, granted to a glaring bad planning of the South African government in the nineties, like this on Friday. After the political turn of 1994 the new ruling powers in Pretoria had not counted on the fact that the economy would reach itself to recover fast and by means of the years growth rates from over 4%. The government of president Mbeki over-heard or seriously did not take warning calls in the last years repeated also of Eskom. The national electricity company had stressed again and again, which power stations of the country would have overhauled and new power stations are established. Renewal needy of Eskom also the stromleitungen had been called. The South African government began to recognize only before two years, how serious the situation is, but there was the damage actually already arranged. Until new power stations granted and established are, it takes several years according to experience. That has the consequence that the existing power stations become susceptible the far beyond capacity border used and thus to disturbances. South Africa has to time with own power stations and current imported goods capacities to the extent of approximately 38,000 MW. The reserve, which should usually amount to 10% to 15% of the achievement, shrank because of the excessive use in the past months on under 4%, what leads inevitably to a Unterversorgung, as soon as a unit must be overhauled or repaired. Drastic consequences for neighboring countries with a noticeable relaxation of the energy crisis at the cape is to be counted probably only in several years. The building of a second atomic power plant decided by the government will become only 2016 apparent if the new nuclear power station goes to the net. Also several of the again planned coal-fired power stations might begin to supply only in some years river. For a certain relaxation in the immediate future only the reconditioning of three before several years coal-fired power stations set out of operation might provide. The costs of the establishment of all new power stations including infrastructure up to the year 2025 become on 1 bio round bar (approximately 155 billion Fr.) estimated. Until then South Africa is doubling its capacity on 80,000 MW to more than. The South African energy crisis has also painful effects for the neighboring countries. Because of the energy bottlenecks in the own country Eskom began in the last weeks with the throttling of the current exports after Namibia, Botswana, Moçambique, Zambia and Simbabwe. The namibische government announced already that new mining industry projects were only again granted if the current supply could be guaranteed on a long-term basis. In Simbabwe and in Zambia shortening the supplies of electricity in the large cities led to the collapse of the electricity supply