[miningmx.com] – WATER levels in Lake Kariba, from Zambia and Zimbabwe source their hydroelectric power, have dropped to 12% of capacity, said Reuters citing the Zambezi River Authority which manages the lake.
This compares to 53% levels a year ago and raises the prospect of further power shortages in the southern African countries. Zambia asked South Africa last week for up to 300MW of emergency power to ease an electricity crunch that has hit mining companies already grappling with a slide in global copper prices.
Zambian power companies and mining firms in August 2015 agreed to cut power supply to the mines by 30% due to a power deficit which rose to 985MW in September from 560MW in March, said Reuters.
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