Overview Of Mining

Developments And Investment

Opportunities In Limpopo Province

(South Africa)

OUTLINE

• Limpopo at a Glance• Economic overview• Geology and Mineral map• Limpopo mining on Top• Current mining activities• Investment Opportunities• Government Support• Conclusions• Contact Details

LOCATION MAP

Limpopo’s Strategic Limpopo’s Strategic Location Location

• Northern Eastern province in South Africa• Borders Mozambique in the east, Zimbabwe in the

north and Botswana in the west.• Surface area 123 910

km2

• Population 5.3 million• Gross Domestic Product (2007) R120bn • Real GDP growth (1994-2004) 3.7%• Highest economic growth rate(2001) 6.3%• Targeted growth rate(2002-2008) 8%• Competitive sectors Mining,

Agriculture Tourism

Gross Geographic Production R130 Billion 2007

• Mining contributed 7.9% of RSA’s GDP (2006)• Limpopo hosts 90 of RSA’s active mines• Employs 13.8% of RSA’s mining labour- force

(2005-2007)• Contributed 15.5% of RSA primary minerals

domestic sales (FOR) during 2006/7• Contributed 8.2% of RSA’s export sales (FOB) for

primary minerals in 2006/7• Shares about 40% of RSA exploration investment

capital (new mines and projects)• But contributes 1.6% for local and export sales of

selected processed mineral product after KZN (49.4%); MP (20.7%);NW (16.6%) and GP (10.6%)

LIMPOPO vs RSA

Geological MapGeological Map

BushveldComplex

TransvaalSupergroup

Granite Gneis

Green stones

Mineral MapMineral Map

• Northern Archaen granite gneiss host RSA’s largest diamond mine, copper deposits, corundum and graphite

• The Greenstone Belt contains the world’s largest antimony resources, emeralds deposits and gold

• The Bushveld Complex (B.C) contains the largest reserves of chromite, PGM’s, vanadium as well as significant reserves of nickel, cobalt, copper, titanium and iron-ore

• The overlying Granite Suite within the B.C contains tin, flourspar and dimension stones of class

• The Phalaborwa Complex is impresive – it is mined for copper, phosphate, vermiculite and baddeleyite

• The Waterberg Supergroup hosts the most unique

coal deposits in RSA• The Transvaal Supergroup hosts Andalusite, manganese,

gold, limestone/dolomite and best Iron-ore deposits

Mineral situation

• Biggest diamond mine in South Africa (Venetia)• First gold mine in RSA (1817) - Eersteling• Biggest copper mine in RSA (Palamin)• Biggest opencast platinum mine in RSA (PPL)• Largest antimony producer in RSA (CMR)• Biggest vermiculite mine in the world (Foskor)• First biggest iron-ore mine in South Africa (TZM)• Hosts 50% of South Africa’s PGM resources • Hosts 90% of South Africa’s red granite

resources• Hosts 40% of RSA Coal resources and world’s

largest coal washing plant complex

LIMPOPO MINING ON TOP

CURRENT MINING OPERATIONS

List of important mines

Commodity Number of Mines

Industrial minerals 12

PGM’s 8

Dimension stones 5

Chromium 3

Diamond 3

Coal 2

• Petrochemicals & CBM and liquid fuels• Mining Input Supply Parks/Clusters• Chrome Chemicals and mines• Limpopo Dimension Stone Cluster • Jewellery Hub (Platinum,Diamonds, Gold, etc)• The PGM’s Projects and downstream value added

products/industries• Industrial Minerals and Products (heavy minerals,etc)• New magnetite/Iron ore prospects• Small-scale gold mining opportunities• Uranium prospects• Manganese prospects• New power stations

INVESTMENT OPPORTUNITIES

• Infrastructure Development Plan (R150 billion)• Local University Mining Training and R&D• Collaboration with National Laboratories (Mintek,

Council for Geoscience & CSIR)• Provincial Policy Strategies (PGDS)• National Policy Strategies (Mining Charter)• National and local government investment

Incentives• Provincial Investment Promotion Agency

(Trade and Investment Limpopo – TIL)

Government Support

Trade Investment Limpopo

To make Limpopo the major destination

for trade and investment,

thus creating a better life for all

VISION

Trade & Investment Limpopo

Promotion of Limpopo as the preferred trade and investment location through marketing of its

competitive advantages

MISSION

• Untapped diverse mineral resources in Limpopo

• Provincial Government strategies and general support for investment

• Limpopo poised for greater economic growth

• The New Mineral and Petroleum Resources Development Act in RSA opening investment opportunities in Limpopo

• TIL is poised and mandated to assist investors in doing business in Limpopo

CONCLUSIONS

Contact Details

• Address: 130A Marshall StreetPOLOKWANE0700(Limpopo Province – RSA)

• Telephone +2715 295 5171• Fax +2715 295 5197

• E-mail chabaf@til.co.za

• Website www.til.co.za