Mpumalanga Business 2021-22
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OVERVIEW<br />
Resources in 2019 but in <strong>2021</strong> also agreed to make $250-million<br />
available to enable Seriti to restructure some of the coal assets and<br />
to rehabilitate others.<br />
Afrimat is listed on the JSE in the “Construction and Building<br />
Materials” section, but the company has shown an appetite for<br />
acquiring mines in order to diversify.<br />
In May 2020 Afrimat made a bid for control of Unicorn Capital<br />
Partners (previously Sentula Mining) which controls the Nkomati<br />
Anthracite mine in <strong>Mpumalanga</strong>. The mine, which is in the southeastern<br />
corner of the province, has proven resources of 8.7-million<br />
tons and upwards of 400 jobs were created over the last two years.<br />
Local communities have a 16.1% stake in the re-launched mine and<br />
the <strong>Mpumalanga</strong> Economic Growth Agency (MEGA) holds 34%.<br />
Platinum<br />
Platinum is an important mineral for the modern economy. Two<br />
Rivers is a joint venture between Implats (46%) and African Rainbow<br />
Minerals which is located on the southern part of the eastern limb<br />
of the Bushveld Igneous Complex, 35km south-west of Burgersfort<br />
in <strong>Mpumalanga</strong>.<br />
Northam Platinum, which has assets on both limbs of the<br />
Bushveld Igneous Complex, has purchased the Everest mine<br />
from Aquarius Platinum. Everest is adjacent to Northam’s existing<br />
Booysendal mine.<br />
Jubilee Platinum has sold its Smelting and Refining business<br />
in Middelburg to Siyanda Resources. Sylvania Platinum now has<br />
seven PGM recovery plants that extract chrome from tailings on<br />
both sides of the Bushveld Igneous Complex.<br />
Lydenburg is home to the Lion ferrochrome smelter that is a<br />
joint venture between Glencore and Merafe Resources. Assmang,<br />
the joint venture between ARM Ferrous and the JSE-listed Assore,<br />
operates a chrome mine (Dwarsrivier) and a ferrochrome plant<br />
where chrome alloys are made.<br />
Training<br />
Most of the province’s mining companies are involved in training.<br />
The Colliery Training College (CTC) in Emalahleni is owned by<br />
ONLINE RESOURCES<br />
Colliery Training College: www.ctctraining.org<br />
Minerals Council South Africa: www.mineralscouncil.org.za<br />
National Department of Mineral Resources: www.dmr.gov.za<br />
South African Institute of Mining and Metallurgy: www.saimm.co.za<br />
a consortium of companies:<br />
Exxaro, Glencore, Kangra Coal,<br />
South32 and Izimbiwa Coal. The<br />
centre offers a broad range of<br />
artisan training, including auto<br />
electrician, fitting and turning<br />
and millwrights. CTC has been<br />
recognised as a leader in artisan<br />
training by the National Skills<br />
Authority.<br />
Coal giant Exxaro, which<br />
runs five mines in the province,<br />
has committed R3.8-billion to<br />
its Belfast project, an investment<br />
that will create 1 160 jobs and<br />
have an impact on the GDP (over<br />
the life of the mine) of R39-billion.<br />
After Exxaro Coal<br />
<strong>Mpumalanga</strong>’s transfer of its<br />
50% stake in the Arnot coal<br />
mine to mineworkers at no cost,<br />
the workers received a further<br />
5% “free-carry” because of the<br />
specifications of Mining Charter<br />
III. The mine thus becomes South<br />
Africa’s first majority workerowned<br />
mine. Wescoal is the<br />
other shareholder and operator<br />
of the mine.<br />
The opening in April 2019<br />
of Sasol’s Impumelelo Colliery<br />
south-west of Secunda was the<br />
final phase of an investment in<br />
new coal mines to replace three<br />
coal mines that had reached the<br />
end of their lives. Sasol produces<br />
40-million tons of coal annually.<br />
Impumelelo, which will produce<br />
8.5-million tons per year, cost<br />
R5.6-billion to build.<br />
State coal company AEMFC<br />
(African Exploration Mining &<br />
Finance Corporation) runs a<br />
colliery at Vlakfontein near Ogies<br />
and is planning to develop<br />
other projects. South32 has four<br />
collieries and three processing<br />
plants in the province. ■<br />
33 MPUMALANGA BUSINESS <strong>2021</strong>/<strong>22</strong>