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Free State Business 2017 edition

Free State Business 2017 is the seventh edition of this highly successful publication that has since its launch in 2008 established itself as the premier business and investment guide to Free State Province. Supported and utilised by the Free State Development Corporation (FDC), Free State Business is unique as a business journal that focuses exclusively on the Free State.

Free State Business 2017 is the seventh edition of this highly successful publication that has since its launch in 2008 established itself as the premier business and investment guide to Free State Province. Supported and utilised by the Free State Development Corporation (FDC), Free State Business is unique as a business journal that focuses exclusively on the Free State.

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OVERVIEW<br />

of three towns that play an important<br />

part in industrial production:<br />

Vereeniging, Sasolburg and<br />

Vanderbijlpark. The mine employs<br />

more than 900 people and supplies<br />

about 15-million metric tons<br />

of coal to Eskom’s Lethabo Power<br />

Station annually. This mine will be<br />

among the assets on the block<br />

when Anglo American disposes<br />

of all its coal mines. To what degree<br />

the sale will be an opportunity<br />

to increase black ownership<br />

of mines remains to be seen.<br />

Gold<br />

AngloGold Ashanti’s Vaal River<br />

Complex operations are mostly<br />

near the town of Orkney in the<br />

North West Province. However,<br />

the Great Noligwa, Kopanang<br />

and Moab Khotsong mines are<br />

all over the Vaal River in the <strong>Free</strong><br />

<strong>State</strong>. The complex includes one<br />

uranium plant, four gold plants<br />

and one sulphuric acid plant.<br />

AngloGold Ashanti intends to<br />

spend several billion rands over<br />

the next decade to extend the<br />

life of the Moab Khotsong mine.<br />

Village Main Reef runs the Tau<br />

Lekoa mine in the same vicinity.<br />

Most of Harmony’s operations,<br />

including a tailings treatment,<br />

are in the <strong>Free</strong> <strong>State</strong>.<br />

The mines are Tshepong and<br />

Phakisa (near Odendaalsrus),<br />

Virginia, Target (near Allanridge),<br />

Masimong (Riebeeckstad),<br />

Joel (near Theunissen) and<br />

Bambanani at Welkom. Phakisa<br />

has mineral reserves of just over<br />

five-million ounces of gold and<br />

Harmony has invested heavily<br />

in the project. Bambanani<br />

is regarded as the most profitable mine in the group: the<br />

amount of gold produced at the mine increased in 2015 to<br />

2 908kg from 1 606kg in 2013. Target and Tshepong (the most northerly<br />

of the mines in this cluster) together produced 8 102kg in 2015.<br />

Gold mines in the <strong>Free</strong> <strong>State</strong> also supply a substantial portion of<br />

the total silver produced in the country, and large concentrations of<br />

uranium occurring in the gold-bearing conglomerates of the gold<br />

fields are extracted as a by-product.<br />

Taung Gold, a Chinese company, runs the Jeanette mine near the<br />

town of Welkom.<br />

Other minerals<br />

By-products of gold operations (uranium, silver, platinum-group<br />

metals and sulphuric acid) and bentonite are also found in the province.<br />

Among the companies running large quarries in the <strong>Free</strong> <strong>State</strong> are<br />

Lafarge, Raumix and Corobrik. Sand, stone aggregate, gypsum and<br />

granite are found at various sites throughout the province. Limestone<br />

and calcrete occur in the western <strong>Free</strong> <strong>State</strong> where salt is also panned.<br />

Production is concentrated around the Florisbad salt pan, north-west<br />

of Bloemfontein. The Ocean Bentonite Mine near Koppies in the northwest<br />

<strong>Free</strong> <strong>State</strong> is one of only two in the country.<br />

CONTACT INFO<br />

Chamber of Mines of South Africa: www.bullion.org.za<br />

Geological Society of South Africa: www.gssa.org.za<br />

Mining Qualifications Authority: www.mqa.org.za<br />

National Department of Mineral Resources: www.dmr.gov.za<br />

South African Mining Development Association: www.samda.co.za<br />

Southern African Institute of Mining and Metallurgy:<br />

www.saimm.co.za<br />

47 FREE STATE BUSINESS <strong>2017</strong>

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