Province makes moves to unlock mining
DESPITE being a largely manufacturing, agricultural and tourism province, KZN is moving to unlock opportunities in its small mining sector.
In the province, mining is mainly centred around coal mining from Mtubatuba up to Vryheid, Dundee and Newcastle. Other mining activities include titanium mining around the EmpangeniRichards Bay area.
The provincial department of economic development, tourism and environmental affairs will tomorrow host its first mining indaba in Newcastle, a coal mining town in northern KZN.
Mining equipment and instrument manufacturers, engineering companies, project financiers and entrepreneurs who are keen to enter this sector will share the stage at the summit.
MEC Sihle Zikalala said they organised the ground-breaking mining summit to unlock opportunities for small enterprises, budding miners and emerging industrialists along the mining industry value chain.
“We are excited to host the first mining summit in KwaZulu-Natal.
My department has identified the mining sector as an industry that has the potential not only to create jobs but also to develop industrialists, enhance the development of small and medium enterprises sector and to stimulate beneficiation and entrepreneurship among the previously disenfranchised,” Zikalala said.
Zikalala said the summit would be officially opened by Mineral Resources Minister Gwede Mantashe and it will be characterised by high-level inputs from various stakeholders in the mining space in order to ensure rapid inclusion of more black Africans in this rewarding sector.