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Vedanta Zinc International’s Gamsberg project has created a whole new town. New houses for staff were added in 2018.

Petra also recently entered into a joint venture, Kimberley Ekapa Mining Joint Venture. KEM JV comprises Petra, Ekapa Mining (jointly owned by Petra and Ekapa Mining) and a third party, Super Stone Mining. Rockwell Diamonds is listed on the TSX and JSE. The company’s assets in the Northern Cape lie between Prieska and Douglas, southwest of Kimberley: Wouterspan, Nieuwejaarskraal, Remhoogte and Saxendrift. Away from the underground kimberlite pipes and fissures, river and coastal deposits are also present in the Northern Cape. Diamonds have been recovered along the Orange, Buffels, Spoeg, Horees, Groen, Doom and Swart rivers in the province, while coastal deposits have been found from the mouth of the Orange River to Lamberts Bay. Diamond mining company West Coast Resources (WCR) completed its production plant at Mitchells Bay at the end of 2016 and started mining in 2016. Trans Hex, with a 40% shareholding in WCR, will manage the mine and market the diamonds produced from it. The National Department of Trade and Industry (dti) owns 20%

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of WCR. By 2020 the project intends creating 686 jobs. By May 2016 there were 166 permanent employees and 24 part-timers working at Mitchells Bay. In 2018, Trans Hex sold two mines to LOR Diamonds, a blackowned company led by women, but will continue to mine the property as an independent contractor.

Assets Mining contributes 23.4% to the Northern Cape economy and makes up nearly 7% of South Africa’s total mining value.

CREDIT: VEDANTA ZINC INTERNATIONAL (VZI)

OVERVIEW

Northern Cape Business 2018/19 edition  

Officially supported and used by the Northern Cape Department of Economic Development and Tourism, Northern Cape Business is unique as a bus...

Northern Cape Business 2018/19 edition  

Officially supported and used by the Northern Cape Department of Economic Development and Tourism, Northern Cape Business is unique as a bus...

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