Thursday, September 20, 2012

Marikana – A Beneficiation Strategy?

Marikana Miners
Courtesy of

“The mining industry, one of the job drivers in the New Growth Path, plays a critical role in the socio-economic development of the country. As part of addressing the triple challenge of poverty, inequality and unemployment, government has developed a beneficiation strategy, which seeks to provide opportunities in the downstream part of the minerals sector. We remain committed to the creation of a favourable and globally competitive mining sector, and to promote the industry to attract investment and achieve both industrial growth and much-needed transformation.”
Extract from speech: State of the Nation Address by Jacob Zuma – 9 February 2012


Frederik Boshoff said... .....Click here to refresh this blog


I am subscribed to your blog, and used to be able to view Mike Smith's Blog as well, but from yesterday I get a message that only invited people can view the blog, I'm not sure what to do, can you help?


Tia Mysoa said... .....Click here to refresh this blog

@ Frederik (and others) – The exact same thing happened in June this year – “Permission Denied”. I don’t know why Mike does this as it spoils all links this blog (and others) have to some of his articles. It’s not an attack from another source (as some believe) nor is it a technical hitch. Only the blog owner has the ability to tinker with the settings and to place restrictions on readers. Whatever Mike’s reasons – I’m sure the current access problem is only temporary.

Anonymous said... .....Click here to refresh this blog

You are right,

It is a benefication strategy,for those in the higher echelon of the ANC and Tri-partheid alliance.

Gwede Mantashe, former Secretary General of the ANC, former National Union Of Mineworkers Secretary General, chairperson of the South African Communist Party, and member of the board of directors for Manganese mining corporation Samancor.

Cyril Ramaphosa, Secretary General of the ANC and National Union of Mineworkers founding Secretary General, is a board member of Lonmin, is also chairman of Shanduka and chairman of the multi-national telecommunications group, GTN.

Jabulani Moleketi the former Deputy Minister of Finance for President Thabo Mbeki, is a member of the board of MMI Holdings and a current Remgro board member.

Khehla Shubane, MMI director and board member of Rand Merchant Bank (RMB) Holdings, recently stepped down as a representative of George Soros’ Open Society Foundation of South Africa.

Murphy Morobe (who is a former board member of the Open Society Foundation of South Africa) is an Anglo American board member.

Mamphela Ramphele, chair of Gold Fields Ltd, current board member of Soros’ Open Society Foundation and board member of telecommunications group, GTN.

Phuti Mahanyele, former head of the Project Finance South Africa business unit at the Lonmin-connected Development Bank of Southern Africa and is presently the CEO of the African investment holding company known as the Shanduka Group.

James Motlatsi, NUM’s founding President and now current deputy-chair of AngloGold Ashanti.

Mandla Gantsho, the former CEO of the Development Bank of Southern Africa, is a current board member of Impala Platinum.

Fred Phaswana, board member of leading multinational media group, Naspers, and board member of Anglo American Platinum.

Johnson Njeke, MMI chairman and board member of telecommunications group, GTN.

Zwelakhe Sisulu, the son of ANC founder Walter Sisulu, board member of Eastern Platinum, former board member of Aquarius Platinum, and former president of the Media Workers Association of South Africa (MWASA).

Mohammed Valli Moosa, former member of the ANC’s National Executive, board member of Anglo American Platinum, board member of WWF South Africa, and president of the International Union for the Conservation of Nature and Natural Resources (IUCN).

Sam Jonah – former president of AngloGold Ashanti, and until recently a board member of Lonmin. In 2009 he served as the chairman of the highly controversial Moto Goldmines which operated in the blood-drenched Ituri province of the Congo.

Khulubuse Zuma, Jacob Zuma's nephew and Zondwa Mandela, former president Nelson Mandela's grandchild directors of now failed Aurora mines. Tens of millions of rands from gold sales have been fraudulently diverted directly to the private accounts of its directors and associates while 700 workers have not been paid their salaries for more than two years and the mines’ assets were stripped. Court orders to pay the workers R4.3-million have been ignored.

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