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Sibanye to build R3bn solar plant

SOUTH African-focused Sibanye Gold plans to build a R3-billion solar-powered power plant to weather electricity shortages in Africa’s most advanced economy.

Power utility Eskom has been struggling and mining companies, among some of the heaviest power users, have had to cut consumption by up to 20%. Sibanye said yesterday that it expected its solar-powered plant to generate 150 megawatts, about 10% of its requirements.

The gold producer expects the plant to be up and running in 2017.


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