By Xolisa Phillip Posted on Friday, 17 June 2022 11:27
“People … [must] cast their eyes to the Northern Cape, it’s going to become the next metals province of South Africa,” says Jan Nelson, CEO, Big Tree Copper.
“You’re going to see more companies [coming into the Northern Cape] and a lot of development,” he says. “I think it’s going to become the next economic hub of South Africa. Watch out – we’re going to list.”
READ MORE South Africa: Miner Orion sees potential for copper refining in Northern Cape
Big Tree Copper, South Africa’s only premium copper producer, operates a processing plant in Nababeep, an old mining town in the Northern Cape that lost its shine with miners Newmont and Gold Fields in the mid-2000s, when the price of copper bottomed out.
The green economy – and copper’s essential role as a component in wind turbines, solar, and electric vehicles (EVs) – is fuelling the metal’s resurgence and a rebound in its price.
Your browser could not fetch this story
If you are reading this message your browser has Javascript disabled. Please enable Javascript in order to access to this story.
Give yourself a headstart: Get full access to The Africa Report on all your devices.
Successful entrepreneur for some, swindler for others...Émile Parfait Simb presents himself as an economic operator who made his fortune in ... cryptocurrencies and is now the subject of several judicial investigations. A look back at the path of a controversial character.
Bolloré Ports is aiming to reach agreement for a quay rebuilding programme at ports in Lagos before elections in 2023, Stanislas de Saint Louvent, ... deputy CEO of Bolloré Ports, tells The Africa Report at The Africa CEO Forum in Abidjan.
Huawei is trying to build market share in Kenya's renewable energy space. ...
Global insurance group Prudential wants to expand its Ghanaian partnerships with Vodafone and Airtel to drive increased African insurance penetration, ... Emmanuel Mokobi, Prudential’s CEO for sub-Saharan anglophone markets, tells The Africa Report.