Northam in SA is WhyAfrica’s Pick Of The Week
Northam in SA is WhyAfrica’s Pick Of The Week
South African platinum producer Northam continues to make headlines for all the right reasons. The company recently successfully completed an expansion project at its Zondereinde mine, close to Thabazimbi in the Limpopo province of South Africa.
Northam, in collaboration with Master Drilling, set a new world record when they drilled down to a depth of 1382m at Zondereinde’s No 3 Shaft. Work on the No 3 shaft at Zondereinde’s brownfields capital expansion project, the Western extension, started in early 2020.
According to Paul Dunne, CEO of Northam, the long-term stability, and life of mine extension delivered by the project will have a beneficial impact on the mine, its stakeholders, and the local economy for decades to come.
Zondereinde’s Western extension is a quality resource block containing 21 million ounces of Platinum Group Metals (PGMs) within the high-grade Merensky and UG2 orebodies.
The resource was purchased in 2017 for R1-billion. The addition of the Western extension improves operational flexibility at Zondereinde and will permit annual PGM output to increase to 350 000 ounces 4E by 2026. It also extends the remaining life of the operation to more than 30 years.
Impetus for economic activity
Dunne says that mining activity from the existing workings of the Zondereinde mine will gradually transition into the Western extension block. The new shaft complex is situated some four kilometres from the original Zondereinde Mine complex, a distance which constrains service delivery and logistics.
The new shaft will transport people and materials, as well as allow the supply of services, including backfill, chilled service water and ventilation, to the underground workings. This will alleviate the challenges associated with distance from the existing Zondereinde shafts.
Zondereinde is a key contributor to social upliftment and development in the Thabazimbi area.
“The development of no. 3 shaft will secure the jobs of Zondereinde’s current employee complement of 10 700, as well as an additional 600 permanent positions. This provides the impetus for further economic activity in the province,” says Dunne.
WhyAfrica provides you with business intelligence that matters. WhyAfrica specialises in African affairs and natural resources. Africa is our business, and we want it to be yours too. To subscribe to WhyAfrica’s free newsletter or digital magazine, and for more news on Africa, visit the website at www.whyafrica.co.za or send a direct message. WhyAfrica launched its first ever digital magazine in November 2021. The company will undertake a road trip through South Africa, Namibia, Zambia, Zimbabwe and Botswana in June and July 2022. If you are interested in sponsorship or advertising opportunities, please contact me at email@example.com. We have a wide range of different packages and combo deals to give your company the greatest exposure to a rapidly growing, African readership.
The April issue of WhyAfrica’s magazine is available in print and on the way to Cape Town to be displayed at the Investing in African Mining Indaba from 9 to 12 May 2022. The magazine will also be distributed in South Africa, Namibia, Zambia, Zimbabwe, and Botswana during WhyAfrica’s Southern Africa Overland Road Trip, the company’s new and innovative platform. WhyAfrica has expanded its product range and now offers its readers, followers, advertisers, subscribers and partners the following:
- Daily 24/7 online articles on WhyAfrica’s website (FREE)
- Daily updates on WhyAfrica’s social media platforms (FREE)
- Newsletters delivered to a handpicked audience every two weeks (FREE)
- Two printed magazine per year distributed at large events and during our road trips across Africa featuring original, in-depth articles (FREE) with great, on-site photographs by the WhyAfrica team (FOR SALE UPON REQUEST)
- Three digital magazines per year (FREE)
- Live updates, video clips, articles, and podcasts during and after WhyAfrica’s annual road trips (Southern Africa in 2022, East Africa in 2023 and West Africa in 2024) (FREE)
- Sponsorship and advertising opportunities for the annual WhyAfrica Overland Road Trips (PAID FOR)
- A library where companies doing business in Africa can display scientific or research papers (PAID FOR)
- A product section where companies doing business in Africa can display new offerings or services (PAID FOR)
- Media partnerships with, and a presence at, most of the major conferences and exhibitions in the African mining, energy, agriculture, infrastructure, water management, ESG, environmental management, tourism, development, and conservation sectors (FREE)
- WhyAfrica connects potential investors with new ventures in Africa and suppliers and service providers with existing companies in Africa (PAID FOR)
- WhyAfrica assists companies in generating content focused on the wider African business community (PAID FOR)
- Partnerships with companies doing business in Africa (PAID FOR)
- Partnerships with companies thinking about expanding into Africa (PAID FOR)
- In 2023 subscribers will have access to our in-depth articles about the African political economy, research, and country reports about the countries we visit on our road trips, and trends in the sectors that we cover (PAID FOR)
- A WhyAfrica book is in the pipeline and if all goes according to plan, should be published towards the end of 2023 (PAID FOR)
- The WhyAfrica consultancy arm assists and advises companies doing business in Africa through utilising our extensive global business network (PAID FOR)
Become part of the WhyAfrica community. Tell us your story. Expand your footprint across Africa and partner with us to make the most of your African experience.