http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.22Change: -0.23
R/$ = 11.16Change: -0.09
Au 1240.10 $/ozChange: -4.17
Pt 1243.50 $/ozChange: -18.70
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Oct 17, 2012

Lack of consensus, strategic integration holding back beneficiation

Back
Johannesburg|Africa|Environment|Exploration|Industrial|Industrial Development Corporation|Platinum|PROJECT|Project Management|Resources|Africa|South Africa|Institute For African Alternatives|Mining|Value Chain|Ben Turok|Infrastructure|Jorge Maia|Mbuyazwe Magagula
|Africa|Environment|Exploration|Industrial|Platinum|PROJECT|Project Management|Resources|Africa|||Mining||Infrastructure|
johannesburg|africa-company|environment|exploration|industrial|industrial-development-corporation|platinum|project|project-management|resources|africa|south-africa|institute-for-african-alternatives|mining|value-chain|ben-turok|infrastructure|jorge-maia|mbuyazwe-magagula
© Reuse this



JOHANNESBURG (miningweekly.com) – Government departments would have to align, coordinate and integrate more strategically to drive mineral beneficiation in South Africa, Professor Ben Turok, chairperson of the Institute for African Alternatives and African National Congress Member of Parliament, said Wednesday.

Speaking at a media briefing following a consultative meeting on beneficiation at the Industrial Development Corporation (IDC) head office, he indicated that many private sector players cited hurdles relating to government departments as hampering their efforts to beneficiate more of South Africa’s minerals.

“Some say they will start beneficiating when it makes commercial sense, but the State has the role of creating the environment for this to happen,” Turok stated.

Linkage issues within the value chain, such as infrastructure and training would have to be addressed.

A lack of consensus regarding what beneficiation entailed was also holding back efforts to go beyond exploration, extraction and processing.

“There is no common understanding of the science and technology and process of beneficiation. Every company or department sees it differently. But we have started the process of creating coherence,” Turok explained.

It was agreed at the meeting that regulation, combined with incentivisation would be a better option than to pressure mining companies into beneficiation initiatives.

As one of the world’s best-resourced countries, South Africa’s low beneficiation rate was a “conundrum”, Turok said.

“South Africa has the largest chrome deposit in the world, but ore is exported raw…we do have companies that can create ferrochrome, they do some smelting, but not full beneficiation,” he said, adding that a great deal of the last stage of the value chain happened abroad.

Turok stated that the country’s export basket was too dependent on minerals and that it would have to be expanded to contain manufactured goods as well.

“We need to address the highly concentrated nature of South Africa’s merchandise export basket, reduce our economy’s vulnerability to cyclical trends and improve our competitiveness in global markets.

“We import too many manufactured goods, we have the capacity to manufacture it ourselves.”

IDC research and information head Jorge Maia said South Africa held 88% of the world’s platinum-group metals reserve base, but that its utilisation was at 0.4%. “There is still a lot of potential for extraction,” he noted.

The country also contained 80% of the world’s manganese reserves and 72% of its chrome ore reserves.

“We must turn this into competitive advantages,” he said, reiterating that further development of these reserves and subsequent beneficiation would be beneficial for South Africa on many levels.

“Beneficiation promotes industrial diversity in the spread of downstream processes and would ensure more balanced growth,” Maia indicated.

It would also build industrial competitiveness and promote skills and technological developments, while playing a central role in attracting foreign direct investment and rejuvenating private sector investment activity.

IDC mining and minerals beneficiation head Mbuyazwe Magagula said the development finance institution would assist with funding and project management, as well as research and development in the drive towards increased beneficiation.

NEXT STEP

Turok said the draft report of the meeting would be finalised and given to the private sector and the Parliamentary portfolio committees of relevant departments, among others, the Department of Trade and Industry and the Department of Mineral Resources.

“Then we will have to discuss how to take the process further,” he said.

Edited by: Mariaan Webb
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Mining News
Anglo CEO Mark Cutifani
Updated 49 minutes ago Diversified mining company Anglo American on Thursday reported 12% lower coal production for South Africa’s State electricity utility Eskom, 31% less refined platinum production, 4% lower iron-ore exports and fewer diamond carats from South African diamond mines, in...
Richard Bay Coal Terminal
Updated 2 hours 25 minutes ago South Africa's Richards Bay Coal Terminal (RBCT), the largest in the world, has stopped publishing monthly operational updates detailing shipments of coal because it is "competitive information", its chief executive said on Thursday. "This information is commercial,...
Updated 3 hours ago The post-strike ramp-up in production at Anglo American Platinum’s (Amplats’) Rustenburg, Union and Amandelbult mines was completed a month ahead of schedule, with normal output having resumed by September. In its third-quarter production report, released on...
More
 
 
Latest News
Finance Minister Nhlanhla Nene
Updated 53 minutes ago Economists saluted Finance Minister Nhlanhla Nene for containing state spending and debt in his first medium-term budget on Wednesday, but opposition parties faulted him for not doing more to stem waste. Wits economist Dr Kenneth Creamer said that with growth lagging...
Updated 1 hour 47 minutes ago Emerging economies did have the ability to overcome the current difficult economic conditions and slow growth forecast, Brazilian Ambassador Carneiro De Mondonça said on Thursday. Speaking at the South African Chamber of Commerce and Industry (Sacci) 2014 Convention,...
Updated 1 hour 57 minutes ago Relevant government departments and solar industry stakeholders represented by the South African Photovoltaic Industy Association (Sapvia) are due to meet next week in Kimberley, in the Northern Cape, to decisively bed down an industry “master plan” that would guide...
More
 
 
Recent Research Reports
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
 
 
 
 
 
This Week's Magazine
The broad-based black economic-empowerment (BBBEE) alignment process in the con-struction sector has begun, dur-ing which the sector codes of the Construction Sector Charter Council (CSCC) will be aligned with the revised Codes of Good Practice (CoGP), which come...
It is second time lucky for Toby Venter. Ten years ago he negotiated to buy the Kyalami racetrack, but “the deal did not materialise”.
Environmental solutions company I-Cat started construction work on its R22-million, 1 949 m2 environmentally sustainable office and warehouse facility, commissioned by I-CAT Environmental Solutions, at a launch event in October. The new sustainable I-CAT campus,...
IAN EVANS AirWatch file synchronisation and sharing system was initially designed for a large airline company
Effective file synchronisation and sharing across an organisation’s structures can provide the basis for robust mobile-device and document management while maintaining proper backup, version control and content distribution. These are the lessons learned by complex...
Hotel group Carlson Rezidor currently holds the largest hotel pipeline in Africa with 30 hotels and 6 300 rooms under development. The hotel group develops and operates Radisson Blu in the upper upscale segment and Park Inn by Radisson in the mid-market segment. With...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks