Limpopo Business 2017-18 edition
A unique guide to business and investment in Limpopo. Limpopo Business 2017/18 is the ninth edition of this highly successful publication that has, since its launch in 2007, established itself as the premier business and investment guide to the Limpopo Province. This edition of Limpopo Business is officially endorsed by the Office of the Premier of Limpopo. This book contains detailed insights into the plans of the Limpopo Economic Development Agency (LEDA) and the recently launched bus rapid transport system for the provincial capital, Leeto la Polokwane, together with a comprehensive register of all provincial government and municipal contact details. Investment news related to mining, telecommunications and tourism is carried in overviews of all the main economic sectors. To complement the extensive distribution of the print edition of the magazine, the publication is also available online at www.limpopobusiness.co.za.
A unique guide to business and investment in Limpopo.
Limpopo Business 2017/18 is the ninth edition of this highly successful publication that has, since its launch in 2007, established itself as the premier business and investment guide to the Limpopo Province. This edition of Limpopo Business is officially endorsed by the Office of the Premier of Limpopo.
This book contains detailed insights into the plans of the Limpopo Economic Development Agency (LEDA) and the recently launched bus rapid transport system for the provincial capital, Leeto la Polokwane, together with a comprehensive register of all provincial government and municipal contact details. Investment news related to mining, telecommunications and tourism is carried in overviews of all the main economic sectors.
To complement the extensive distribution of the print edition of the magazine, the publication is also available online at www.limpopobusiness.co.za.
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OVERVIEW<br />
one of three run by the company,<br />
are both located in Polokwane.<br />
Northam Platinum’s metallurgical<br />
complex at its Zondereinde mine<br />
processes Merensky and UG2 ores<br />
separately.<br />
Platinum<br />
With a depressed platinum price,<br />
platinum miners are hoping that<br />
demand from the fuel cell industry<br />
will replace the decline in<br />
demand for catalytic converters.<br />
Impala Platinum (Implats)<br />
has an interest in two big operations<br />
on the eastern limb of<br />
the Bushveld Igneous Complex.<br />
Marula (in which Implats is a<br />
73% shareholder) is in <strong>Limpopo</strong><br />
province, about 50km north of<br />
Burgersfort. South of the same<br />
town, in Mpumalanga, Implats<br />
(49%) is in a joint venture with<br />
African Rainbow Minerals (ARM)<br />
at the Two Rivers mine. The mine<br />
has a concentrator plant and has<br />
a life-of-mine offtake agreement<br />
with Impala Refining Services.<br />
Impala announced in early<br />
<strong>2017</strong> that it intends to take the<br />
refinery (in Springs) off the Eskom<br />
grid, and power the refinery<br />
using fuel cell technology. Power<br />
will come from an 8MW Doosan<br />
Fuel Cell.<br />
Even though the Twickenham<br />
mine of Anglo American Platinum<br />
(Amplats) has been put on care<br />
and maintenance, lots of work<br />
is going on there. Amplats is<br />
testing trackless mechanised<br />
mining in that hope that automation<br />
will bring down costs sufficiently<br />
to make it economical to<br />
mine again.<br />
Despite uncertainty on the global market, Northam Platinum<br />
has continued to buy assets. In 2015 it bought Everest South from<br />
Aquarius, a move that will allow it to consolidate operations with<br />
its adjacent property, Booysendal South. Northam, which also has<br />
assets in the North West province, aims to produce 850 000oz of<br />
PMGs from 2022.<br />
A court ruling in February <strong>2017</strong> has opened the way for Ivanhoe<br />
to build its Platreef Project on the northern limb of the Bushveld<br />
Igneous Complex. Local communities objected to the proposed<br />
multi-billion project because it was said the mine would cause<br />
ancestral graves to be moved. R70-million has been commited to<br />
the first phase.<br />
In July, Ivanhoe released a feasibility study that was positive about<br />
prospects for mining for platinum group elements, nickel, copper<br />
and gold. Ivanplats, the subsidiary of the Canadian company, will<br />
run the mine in the Waterberg District Municipality near Mokopane<br />
south-west of Polokwane. Ivanhoe has a 64% stake in Ivanplats with<br />
10% owned by a group of Japanese companies including ITOCHU<br />
Corporation and Japan Gas Corporation.<br />
If the mine achieves the projected production rate of 12 Mtpa<br />
with 1.2-million ounces of PGM, it will rank as the biggest mine in<br />
the world. Engineering companies engaged in the project include<br />
FLSmidth (winding equipment), Aveng (shaft one) and Murray &<br />
Roberts (shaft two).<br />
47 LIMPOPO BUSINESS <strong>2017</strong>/<strong>18</strong>