JOHANNESBURG, South Africa (AP) — Gold production in the world leading supplier South Africa fell more than 10 percent in the second quarter compared to the same period last year, the industry said Thursday, blaming electricity shortages since the beginning of the year.
A dire fuel shortage caused by poor government planning forced rolling power cuts across the country in the first couple of months of the year. Since February, industries have been limited to 90 percent of their normal power usage.
"The key reason was the national electricity emergency," said a statement by the Chamber of Mines, which represents leading miners. It said the industry continues to bear much of the burden of power shortages and insisted other electricity users must urgently do more to cut power use "given the significant export earnings and employment intensity of mining."
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