Platinum projects (Source: Miningmx)

Posted: Wed, 06 Feb 2008

[miningmx.com] -- IMPALA Platinum’s R3bn Marula Merensky project in Limpopo and a host of other early-stage projects being planned by platinum producers and juniors were likely to be abandoned or delayed due to lack of power commitments from Eskom, Business Report said on Wednesday, citing the company.

Bob Gilmour, an Impala Platinum spokesperson said any new projects that had not received power guarantees from Eskom were unlikely to go ahead for the foreseeable future as Eskom had no more power available for new projects.

“Any project in the local mining sector that is at feasibility stage is unlikely to get power,” Gilmour said.