Transcript No Slide Title

Overview Of
Mining
Developments And
Investment
Opportunities In
Limpopo Province
(South Africa)
OUTLINE
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Limpopo at a Glance
Economic overview
Geology and Mineral map
Limpopo mining on Top
Current mining activities
Investment Opportunities
Government Support
Conclusions
Contact Details
LOCATION MAP
Limpopo’s 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
Gross Geographic Production R130 Billion 2007
LIMPOPO vs RSA
• Mining contributed 7.9% of RSA’s GDP (2006)
• Limpopo hosts 90 of RSA’s active mines
• Employs 13.8% of RSA’s mining labour- force
(2005-2007)
• Contributed 15.5% of RSA primary minerals
domestic sales (FOR) during 2006/7
• Contributed 8.2% of RSA’s 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%)
Geological Map
Green stones
Granite Gneis
Bushveld
Complex
Transvaal
Supergroup
Mineral Map
Mineral situation
• Northern Archaen granite gneiss host RSA’s largest
diamond mine, copper deposits, corundum and graphite
• The Greenstone Belt contains the world’s largest antimony
resources, emeralds deposits and gold
• The Bushveld Complex (B.C) contains the largest reserves
of chromite, PGM’s, 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
LIMPOPO MINING
ON TOP
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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 Africa’s PGM resources
Hosts 90% of South Africa’s red granite
resources
• Hosts 40% of RSA Coal resources and world’s
largest coal washing plant complex
CURRENT MINING
OPERATIONS
List of important mines
Commodity
Number of Mines
Industrial minerals
12
PGM’s
8
Dimension stones
5
Chromium
3
Diamond
3
Coal
2
INVESTMENT
OPPORTUNITIES
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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 PGM’s 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
Government Support
• Infrastructure Development Plan (R150 billion)
• Local University Mining Training and R&D
• 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)
Trade Investment Limpopo
VISION
To make Limpopo the major destination
for trade and investment,
thus creating a better life for all
Trade & Investment Limpopo
MISSION
Promotion of Limpopo as the preferred trade and
investment location through marketing of its
competitive advantages
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
Contact Details
• Address:
130A Marshall Street
POLOKWANE
0700
(Limpopo Province – RSA)
• Telephone
• Fax
+2715 295 5171
+2715 295 5197
• E-mail
[email protected]
• Website
www.til.co.za