The 2021/22 edition of Limpopo Business is the 13th issue of this highly successful publication that, since its launch in 2007, has established itself as the premier business and investment guide for the Limpopo Province.
Limpopo has been attracting significant investments in the mining sector in recent years and with commodity prices of certain minerals rising in response to demand in the renewable energy and automotive sector, mining houses are well-positioned to expand production even further.
This journal carries messages of welcome to investors from the province’s Premier and the MEC for Economic Development, Environment and Tourism. In addition to the regular articles providing insight into each of the key economic sectors of the province, there is special feature on plans to catalyse investment and growth in the province through measures such as industrial parks and the Musina-Makhado Special Economic Zone in the province’s far north, which is attracting billions of dollars in investment. News related to mining, agriculture, tourism, construction and property, water, education and development finance is carried in overviews of the main economic sectors.
VENETIA UNDERGROUND
VENETIA UNDERGROUND PROJECT The future of South African diamond mining. The new US billion Venetia underground mine ranks as the biggest single investment by De Beers Group in the South African diamond industry. Excavation work for the underground extension got under way in 2013, the year De Beers celebrated its 125th anniversary. Production is scheduled to begin in 2022, climbing to full production in 2025. Over the course of its life, the underground mine will treat about 132 million tonnes of ore containing an estimated 94 million carats. The underground project will extend the life of Venetia mine to 2046, securing the future for our host communities.
