Jwaneng anchors output jump at Debswana
Friday, October 28, 2016
According to figures released by parent company, Anglo American, production at Jwaneng rose by 47% as a result of planned maintenance in the third quarter of 2015 being prioritised in light of trading conditions. However, the huge output rise at Jwaneng was partly offset by a planned 22% decrease at Orapa to align aggregate production to trading conditions.
“The modestly higher production at De Beers is reflective of improved market conditions relative to the third quarter of 2015, but we maintain a cautious outlook,” Anglo chief executive officer, Mark Cutifani said.
The findings reveal a disturbing pattern of misconduct and lack of transparency that cannot be ignored.The Tribunal, led by Judge President Justice Kabelo Lebotse, has rightly condemned the Ministry for its eyebrow raising conduct in awarding a P1.8 billion water tender to China Civil Engineering Construction Corporation (Pty) Ltd and Zhong Gan Engineering & Construction Corporation (Pty) Ltd.The award was made despite alleged clear evidence that...