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 Location Northern Eastern province in South Africa Borders Mozambique in the east, Zimbabwe in the north and Botswana in the west. Surface area km 2 Population 5.3 million Gross Domestic Product (2007) R120bn Real GDP growth ( ) 3.7% Highest economic growth rate(2001) 6.3% Targeted growth rate( ) 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 ( ) 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 Map Bushveld Complex Transvaal Supergroup Granite Gneis Green stones

Mineral 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 CommodityNumber of Mines Industrial minerals12 PGM’s8 Dimension stones5 Chromium3 Diamond3 Coal2

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 Street POLOKWANE 0700 (Limpopo Province – RSA) Telephone Fax Websitewww.til.co.za