Peo­ple to watch in 2007

The four we think will make African head­lines this year

Finweek English Edition - - Mining indaba -


Deputy chair­man Anooraq Plat­inum

TUMELO MOT­SISI sits atop a com­pany likely to be­come one of the main ben­e­fi­cia­ries of An­glo Plat­inum’s fast-tracked black em­pow­er­ment pro­gramme. In ad­di­tion to grab­bing full con­trol of the Ga-Phasha, the 12m oz plat­inum group met­als and gold re­source, Anooraq is also ne­go­ti­at­ing a 15% stake in An­glo­Plat sub­sidiary Le­bowa Plat­inum.


Chair­man Mvela Re­sources

ONE OF Mot­sisi’s ri­vals must be Mve­laphanda Re­sources, which is also chas­ing down trans­ac­tions in the con­sol­i­da­tion of SA’s plat­inum fields. Mvela Re­sources’ new chair­man is the charm­ing for­mer An­glo CEO Lazarus Zim by virtue of his firm, Afripalm’s, R1,15bn in­vest­ment in the em­pow­er­ment firm.


Chair­man Banro Corp

BANRO COR­PO­RA­TION owns hulk­ing great pieces of prop­erty in the Twan­giza­Namoya gold belt of east­ern Demo­cratic Repub­lic Congo. There’s no state own­er­ship of the land and re­sources to date ex­ceed 12m oz of gold. But the ques­tion is not when the prop­erty will be de­vel­oped but by whom. It’s prob­a­bly an open se­cret that Banro won’t (and can’t) go it alone.


MD Ge­camines

A MAN most min­ing com­pany of­fi­cials would like to know well if op­er­at­ing in the Demo­cratic Repub­lic Congo (DRC) is his end game.

Fortin mem­o­rably jolted a few firms last year by say­ing their fail­ure to progress cer­tain min­ing prospects over which gov­ern­ment li­cences had been granted would re­sult in los­ing them.

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