BULK MINING AND ASSOCIATED INFRASTRUCTURE DEVELOPMENT CAN SUPPORT AFRICA’S ECONOMIC GROWTH Dr CJ Fauconnier Chief Executive 10 February 2004 Investing.

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Presentation transcript:

BULK MINING AND ASSOCIATED INFRASTRUCTURE DEVELOPMENT CAN SUPPORT AFRICA’S ECONOMIC GROWTH Dr CJ Fauconnier Chief Executive 10 February 2004 Investing in African Mining Conference / Indaba 2004

Intensity of Steel Consumption Sources: IISI and Global Insight

China's Steel Consumption & Iron Ore Imports 2 Iron Ore Imports (Mt) Steel Consumption (Mt) Sources: UNCTAD, CRU, IISI

Flourishing Bulk Mining-driven Infrastructure Projects 3 Sishen-Saldanha example

South Africa's Historical Iron Ore Exports 4 Growth in iron ore exports since the establishment of the Sishen-Saldanha railway line and export terminal Source: SA Department of Minerals and Energy Export Mass (Mt) Export Value (FOB, US$million)

Flourishing Bulk Mining-driven Infrastructure Projects 5 Richards Bay example

South Africa's Historical Coal Exports 6 Growth in coal exports since the establishment of the Richards Bay Coal Terminal and railway line Source: SA Department of Minerals and Energy Export Mass (Mt) Export Value (FOB, US$million)

- dependent on infrastructure development Benefits from Bulk Mining in Africa SENEGAL GUINEA GABON DRC MOZAMBIQUE RSA 7

Infrastructure 8 – the key to unlocking the full Northern Cape ferrous mineral and Waterberg coal potential

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