[Cape Town, 6th February 2023] Nkwe Platinum Limited and South Africa Zijin Platinum (Pty) Limited is pleased to announce the attendance of global leading gold producer, the Zijin Mining Group, at this year’s Investing in African Mining Indaba, taking place in Cape Town from 6 – 9 February 2023. This will be the first time that the gold giant participates as a sponsor in the event.
Zijin Mining is a large multinational mining group, which is engaged in the global exploration and development of copper, gold, zinc and lithium, as well as engineering and technological research. The Company ranks No.325 in the 2022 Forbes Global 2000 list, No.1 among global gold companies, No.7 among metal miners; No.407 in the 2022 Fortune Global 500 list, and No.53 in the Fortune China 500 list.
Investing in African Mining Indaba is the largest mining investment event in Africa, with a proven track record of bringing together Ministers, senior government representatives, mining companies, mid and junior miners, investors, professional services as well as mining equipment and service providers.
On 2nd February 2023, Mining Indaba announced the confirmation of South African President Cyril Ramaphosa’s attendance at the event where he will address mining industry leaders and investors from all over the world.
It is anticipated that the President will promote his investment and structural reform agenda at the Mining Indaba, in order to enhance South Africa’s reputation as a mining investment destination.
The Zijin Mining Group is a major investor of the South African mining industry, through its wholly-owned subsidiaries, Nkwe Platinum Limited and South African Zijin Platinum (Pty) Ltd. Zijin’s flagship project in the country is the Zijin Garatau Platinum Mine, which is situated in Limpopo.
“The company strongly adheres to the co-development belief of “Mining for a Better Society” and believe that the development of enterprises is closely related to the sustainable development of our surrounding communities. Through, education, industrial support, infrastructure construction and disaster relief, it is committed to developing and working together in a mutually beneficial and harmonious way for the benefit of all,’ says Mr. Zhiyu Fan, MD and CEO of Nkwe Platinum Limited.
To date, Nkwe Platinum Limited has spent more than R50 million on its Social and Labour Plans. The investment includes the upgrading of the Garatau Community Access Road, as well as community skills development programmes and solar-powered water systems, which have benefited the directly-affected mine communities of the Zijin Garatau Platinum Mine.
Community empowerments initiatives, undertaken by Nkwe Platinum Limited, has also included contracts awarded to communities and local businesses, such as R7.6 million for the site preparation work for the box cut in 2021, and approximately R36 million of crushers material supply; tipper truck and diesel supply as well as various other projects in 2022.
In August 2022, Nkwe Platinum Limited and South Africa Zijin Platinum (Pty) Limited embarked on a significant step forward in the digital transformation of the local mining industry, by joining hands with African telecommunications giant MTN and global ICT provider Huawei together and signing a collaboration agreement to build South Africa’s first 5G-enabled metal mine.
The first step in getting there was the construction of the 5G transmission tower on site, which was completed in September 2022.
Once complete, it will effectively demonstrate how a number of emerging technologies can be combined with 5G to improve functions across the mine, to further enhance South African mining industry standards.
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About The Zijin Mining Group
The Zijin Mining Group is a large multinational mining group. It is engaged in the exploration and development of copper, gold, zinc and battery metals worldwide, as well as the research of engineering technology.
The Zijin Mining Group has mining projects in 15 provincial-level regions in China and 13 other countries across the globe. We operate major projects in China, such as the Julong Copper Mine in Tibet, the Duobaoshan Copper Mine in Heilongjiang, the Zijinshan Gold and Copper Mine in Fujian, the Ashele Copper Mine in Xinjiang, Shanxi Zijin, Guizhou Zijin, and Longnan Zijin. Our main overseas assets include the Čukaru Peki Copper and Gold Mine and the Bor Copper Mine in Serbia, the Kamoa-Kakula Copper Mine and the Kolwezi Copper Mine in the DRC, the Buriticá Gold Mine in Colombia, and the Zijin Garatau Platinum Mine in South Africa.
The Zijin Mining Group ranks No.325 in the 2022 Forbes Global 2000 list, No.1 among global gold companies, No.7 among metal miners; No.407 in the 2022 Fortune Global 500 list, and No.53 in the Fortune China 500 list.
Zijin’s core competitiveness lies in innovation, especially technological innovation. It has a wealth of experience in geological exploration; hydrometallurgy; the processing of low-grade, refractory ores; and large-scale engineering projects.
Zijin’s vision is “Mining for a Better Society”. It stands by the values of “Harmony Brings about Wealth” and “Balanced Development of the Company, its Employees and the Wider Society”.
Facebook: https://web.facebook.com/sazijinplatinum
Twitter: https://twitter.com/sazijinplatinum
Linkedin: https://www.linkedin.com/company/sazijinplatinum/
Media Contact Person:
Sophia Liu
PR Manager
Cell: +27 66 530 0863
Email: sliu@zijinplatinum.co.za