https://www.miningweekly.com

INVESTMENT PLEDGES:

9th November 2018

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

It was wonderful that many mining-related investments were confirmed at President Cyril Ramaphosa’s investment conference in Johannesburg. Diversified mining company Anglo American pledged R70-billion. Vedanta Zinc International pledged R21.4-billion in additional possible investment in a zinc smelter and refinery in the Northern Cape, now under investigation. Bushveld Minerals pledged R2.5-billion to expand vanadium mining and support local beneficiation, and Ivanplats pledged R4.5-billion in platinum investment in Limpopo. These investment pledges have created an important new enthusiasm to increase the role that mining can play in the South African economy. With the mineral riches this country has, there is major scope for increasing mining’s contribution to South Africa’s gross domestic product well beyond the current low 4% level.

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Advanced Fire Suppression Technologies
Advanced Fire Suppression Technologies

Established on 1 March, 2000, by Barries Barnard, Advanced Fire Suppression Technologies (AFST) and the Advanced Group stands as Sub-Saharan...

VISIT SHOWROOM 
Bell Equipment
Bell Equipment

As one of South Africa's leading manufacturers, Bell Equipment distributes and exports its wide range of heavy equipment globally to mining,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.069 1.271s - 109pq - 2rq
Subscribe Now