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North West Business 2023-24

The 2023/24 edition of North West Business marks the 12th publication of this highly successful journal that, since its launch in 2009, has established itself as the premier business and investment guide for the North West Province. Renewable energy is a huge global trend, and the impact this burgeoning sector is having on the North West can be seen in the development of several new solar farms which are under construction. The North West’s strong suit in platinum group metals (PGMs) already puts the province at the forefront of the drive towards a greener and renewable economy because of the applicability of so many of those minerals and metals for the cleaner energy movement. North West Business includes news and analysis of the most important sectors. Best known for its platinum mines, grain and livestock farming and tourism, the province is making a concerted effort to bolster its manufacturing capacity through a dedicated new strategy which includes trying to attract solar panel manufacturing to the province. To complement the extensive local, national and international distribution of the print edition, the full content can also be viewed online at www.globalafricanetwork.com. Updated information on the North West is also available through our monthly e-newsletter, which you can subscribe to at www.gan.co.za, in addition to our complementary business-to-business titles that cover all nine provinces, our flagship South African Business title and the new addition to our list of publications, Journal of African Business, which was launched in 2020.

The 2023/24 edition of North West Business marks the 12th publication of this highly successful journal that, since its launch in 2009, has established itself as the premier business and investment guide for the North West Province. Renewable energy is a huge global trend, and the impact this burgeoning sector is having on the North West can be seen in the development of several new solar farms which are under construction. The North West’s strong suit in platinum group metals (PGMs) already puts the province at the forefront of the drive towards a greener and renewable economy because of the applicability of so many of those minerals and metals for the cleaner energy movement. North West Business includes news and analysis of the most important sectors. Best known for its platinum mines, grain and livestock farming and tourism, the province is making a concerted effort to bolster its manufacturing capacity through a dedicated new strategy which includes trying to attract solar panel manufacturing to the province.

To complement the extensive local, national and international distribution of the print edition, the full content can also be viewed online at www.globalafricanetwork.com. Updated information on the North West is also available through our monthly e-newsletter, which you can subscribe to at www.gan.co.za, in addition to our complementary business-to-business titles that cover all nine provinces, our flagship South African Business title and the new addition to our list of publications, Journal of African Business, which was launched in 2020.

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OVERVIEW<br />

special mention of two significant recent investments in the mining<br />

sector: Sedibelo Pilanesberg Platinum Mine R9.4-billion injection<br />

into the Moses Kotane Local Municipality will create 3 000 job<br />

opportunities and the City of Matlosana will be 6 000 jobs better off<br />

as a result of a R7-billion investment from Harmony Gold.<br />

The 2022 iterations of the Mining and Technical Exhibitions<br />

(MTE) took place in two platinum-mining towns, Rustenburg and<br />

Mooinooi, which is roughly halfway between Rustenburg and Brits.<br />

The travelling exhibition company, a division of IMD Conferences<br />

Exhibitions and Workshops, celebrates its 30th birthday in <strong>2023</strong>.<br />

Small business support<br />

Pilanesberg Platinum Mines created Community Crusher as a nonprofit<br />

enterprise but with 14 employees and a steady set of orders<br />

for building projects run by the company, the small business is<br />

starting to show signs of becoming a bigger business.<br />

Many mines run similar programmes, sourcing goods and<br />

services from local community-based companies and sometimes<br />

providing mentoring and advice on how to improve as businesses.<br />

Implats has a programme of procurement in which it supports<br />

local business and black-owned businesses through enterprise and<br />

supplier development programmes.<br />

The Provincial Government of the <strong>North</strong> <strong>West</strong> is in talks with<br />

several mining companies in the Matlosana Local Municipality area<br />

(which includes Klerksdorp and Orkney) as some mines are being<br />

closed down. One of the initiatives to extract more value from<br />

mining is the proposed Platinum Valley Special Economic Zone.<br />

Creating a base for companies to supply the mining industry is one<br />

of the key drivers behind the scheme.<br />

The Seda Platinum Incubator (SPI) is an initiative of the<br />

Platinum Trust of South Africa and is funded by the Small Enterprise<br />

Development Agency (Seda) through its Seda Technology<br />

Programme (Stp) with the support of the <strong>North</strong> <strong>West</strong> Provincial<br />

Government and private companies.<br />

Mineral resources<br />

The <strong>North</strong> <strong>West</strong> Province is aligned with the <strong>West</strong>ern Limb of the<br />

Bushveld Igneous Complex, a remarkably rich minerals formation.<br />

ONLINE RESOURCES<br />

Council for Geoscience: www.geoscience.org.za<br />

MTE: www.mteexpos.co.za<br />

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

<strong>North</strong> <strong>West</strong> Development Corporation: www.nwdc.co.za<br />

Mines in the province produce<br />

50% of the platinum produced<br />

in the world, and 65% of South<br />

Africa’s PGMs. Chromite is the<br />

other major mineral mined<br />

throughout the province, and<br />

there are several ferrochrome<br />

smelters and other processing<br />

plants. South Africa produces<br />

about 70% of the world’s<br />

chrome. Gold and uranium are<br />

found along the border of the<br />

province with Gauteng and the<br />

Free State (in Klerksdorp and<br />

Orkney).<br />

Diamonds are mined at<br />

Christiana, Bloemhof and<br />

Lichtenburg. Other minerals<br />

include fluorspar, vanadium,<br />

rhodium, uranium, copper,<br />

limestone, slate, phosphate,<br />

manganese, coal and nickel.<br />

Limestone quarries run by G&W<br />

Base and Industrial Minerals in<br />

the Marico District are located<br />

next to a PPC cement factory.<br />

One of the last economically<br />

viable limestone deposits in<br />

South Africa is mined and<br />

processed by Sephaku Cement.<br />

Sephaku runs a 6 000-tonper-day<br />

clinker plant near<br />

Lichtenburg.<br />

AfriSam, PPC and Lafarge<br />

are active in the Mahikeng/<br />

Lichtenburg area, but Sephaku<br />

is confident that its clinker and<br />

cement-production facilities will<br />

be supported by raw materials<br />

for at least 30 years. AfriSam<br />

has taken measures to reduce<br />

carbon emissions at its Dudfield<br />

cement plant. ■<br />

17 NORTH WEST BUSINESS <strong>2023</strong>/<strong>24</strong>

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