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South Africa Mines Plan $2.7 Billion Investment in Power Generation

  • Mines hit by intermittent power outages from state utility
  • Mines under pressure to get power from green sources
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Mining companies in South Africa are considering spending as much as 40 billion rand ($2.7 billion) to construct 2,000 megawatts of power generation capacity, said Roger Baxter, chief executive officer of Minerals Council South Africa.