Overview Of Mining Developments And Investment Opportunities In Limpopo Province (South Africa)

1
Overview Of Mining Developments And Investment
Opportunities In Limpopo Province (South
Africa)
2
OUTLINE

• Limpopo at a Glance
• Economic overview
• Geology and Mineral map
• Limpopo mining on Top
• Current mining activities
• Investment Opportunities
• Government Support
• Conclusions
• Contact Details

3
LOCATION MAP

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Limpopos Strategic Location

• Northern Eastern province in South Africa
• Borders Mozambique in the east, Zimbabwe in the
  north and Botswana in the west.
• Surface area 123 910 km2
• Population 5.3 million
• Gross Domestic Product (2007) R120bn
• Real GDP growth (1994-2004) 3.7
• Highest economic growth rate(2001) 6.3
• Targeted growth rate(2002-2008) 8
• Competitive sectors Mining,
  Agriculture Tourism

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Gross Geographic Production R130 Billion 2007
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LIMPOPO vs RSA

• Mining contributed 7.9 of RSAs GDP (2006)
• Limpopo hosts 90 of RSAs active mines
• Employs 13.8 of RSAs mining labour- force
  (2005-2007)
• Contributed 15.5 of RSA primary minerals
  domestic sales (FOR) during 2006/7
• Contributed 8.2 of RSAs export sales (FOB) for
  primary minerals in 2006/7
• Shares about 40 of RSA exploration investment
  capital (new mines and projects)
• But contributes 1.6 for local and export sales
  of selected processed mineral product after KZN
  (49.4) MP (20.7)NW (16.6) and GP (10.6)

7
Geological Map
Green stones
Granite Gneis
Bushveld Complex
Transvaal Supergroup
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Mineral Map
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Mineral situation

• Northern Archaen granite gneiss host RSAs
  largest diamond mine, copper deposits, corundum
  and graphite
• The Greenstone Belt contains the worlds largest
  antimony resources, emeralds deposits and gold
• The Bushveld Complex (B.C) contains the largest
  reserves of chromite, PGMs, vanadium as well as
  significant reserves of nickel, cobalt, copper,
  titanium and iron-ore
• The overlying Granite Suite within the B.C
  contains tin, flourspar and dimension stones of
  class
• The Phalaborwa Complex is impresive it is mined
  for copper, phosphate, vermiculite and
  baddeleyite
• The Waterberg Supergroup hosts the most unique
• coal deposits in RSA
• The Transvaal Supergroup hosts Andalusite,
  manganese, gold, limestone/dolomite and best
  Iron-ore deposits

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LIMPOPO MINING ON TOP

• Biggest diamond mine in South Africa (Venetia)
• First gold mine in RSA (1817) - Eersteling
• Biggest copper mine in RSA (Palamin)
• Biggest opencast platinum mine in RSA (PPL)
• Largest antimony producer in RSA (CMR)
• Biggest vermiculite mine in the world (Foskor)
• First biggest iron-ore mine in South Africa (TZM)
• Hosts 50 of South Africas PGM resources
• Hosts 90 of South Africas red granite resources
• Hosts 40 of RSA Coal resources and worlds
  largest coal washing plant complex

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CURRENT MINING OPERATIONS

• List of important mines

Commodity Number of Mines
Industrial minerals 12
PGMs 8
Dimension stones 5
Chromium 3
Diamond 3
Coal 2
12
INVESTMENT OPPORTUNITIES

• Petrochemicals CBM and liquid fuels
• Mining Input Supply Parks/Clusters
• Chrome Chemicals and mines
• Limpopo Dimension Stone Cluster
• Jewellery Hub (Platinum,Diamonds, Gold, etc)
• The PGMs Projects and downstream value added
  products/industries
• Industrial Minerals and Products
• (heavy minerals,etc)
• New magnetite/Iron ore prospects
• Small-scale gold mining opportunities
• Uranium prospects
• Manganese prospects
• New power stations

13
Government Support

• Infrastructure Development Plan (R150 billion)
• Local University Mining Training and RD
• Collaboration with National Laboratories (Mintek,
  Council for Geoscience CSIR)
• Provincial Policy Strategies (PGDS)
• National Policy Strategies (Mining Charter)
• National and local government investment
  Incentives
• Provincial Investment Promotion Agency (Trade
  and Investment Limpopo TIL)

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Trade Investment Limpopo
VISION

• To make Limpopo the major destination
• for trade and investment,
• thus creating a better life for all

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Trade Investment Limpopo
MISSION

• Promotion of Limpopo as the preferred trade and
  investment location through marketing of its
  competitive advantages

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CONCLUSIONS

• Untapped diverse mineral resources in Limpopo
• Provincial Government strategies and general
  support for investment
• Limpopo poised for greater economic growth
• The New Mineral and Petroleum Resources
  Development Act in RSA opening investment
  opportunities in Limpopo
• TIL is poised and mandated to assist investors in
  doing business in Limpopo

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Contact Details

• Address 130A Marshall Street
• POLOKWANE
• 0700
• (Limpopo Province RSA)
• Telephone [phone]
• Fax [phone]
• E-mail chabaf_at_til.co.za
• Website www.til.co.za