Who Owns Whom

Mining in Southern Africa (Excluding South Africa)

Alex Conradie | Angola | 25 October 2021

Mining in Southern Africa (excluding South Africa)

Southern Africa has produced a large number of minerals, including over 25% of the world’s diamonds, over 13% of its graphite and 10% of its uranium. The region contains deposits of a range of minerals, many of which are not exploited. Dozens of companies are actively exploring in the region, but challenges include a lack of skilled workers and inadequate infrastructure. While a large number of companies are involved in mining in Southern Africa, artisanal mining forms a large part of the industry.

Opportunities

Southern Africa’s mining industry is benefiting from rising demand for a variety of minerals as the world economy recovers. Most countries in the region have identified mining as important for economic development and are trying to develop their mining sectors. With many deposits unexploited and rising demand for various minerals, there is potential for the development of new mines.

Infrastructure

In some countries, economic development is hindered by the lack and poor condition of transport, water, electricity and telecommunication infrastructure, while transportation costs are increased by poor road infrastructure due to long distances travelled at low speeds. The logistics of delivering heavy equipment and materials to build a mine in remote areas, where the road systems are poor, pose a challenge to mining companies. Inadequate electricity supply is a serious problem, with the provision of alternative energy sources adding to companies’ costs.

Report Coverage

This report focuses on mining in Angola, Botswana, Eswatini, Lesotho, Malawi, Mozambique, Namibia, Zambia and Zimbabwe, which constitute the African Union’s Southern Africa region. South Africa is excluded from this report as its mining industry is covered by separate reports. It includes comprehensive information on mineral occurrences, developments and corporate actions as well as the state and size of the sector, trade and regulations. There are profiles of 43 companies including Debswana and Mupane Gold Mining in Botswana, Zimbabwe Platinum Mines, Swakop Uranium and Namdeb in Namibia, Montepuez Ruby Mining in Mozambique and Lubambe Copper Mine in Zambia.

Table of Contents

PAGE
1. INTRODUCTION 1
2. REGION INFORMATION 1
3. DESCRIPTION OF THE INDUSTRY 3
3.1. Industry Value Chain 5
3.2. Geographic Position 6
4. SIZE OF THE INDUSTRY 12
5. STATE OF THE INDUSTRY 15
5.1. Local 15
5.1.1. Trade 21
5.1.2. Corporate Actions 25
5.1.3. Regulations 31
5.2. Continental 33
5.3. International 34
6. INFLUENCING FACTORS 35
6.1. Coronavirus 35
6.2. Economic Environment 36
6.3. Lack of Infrastructure 37
6.4. Technology, Research and Development (R&D) and Innovation 38
6.5. Government Incentives and Support 38
6.6. Environmental Concerns 39
6.7. Labour 39
7. COMPETITION 41
7.1. Barriers to Entry 41
8. SWOT ANALYSIS 42
9. OUTLOOK 42
10. INDUSTRY ASSOCIATIONS 43
11. REFERENCES 46
11.1. Publications 46
11.2. Websites 46
APPENDIX 1 48
Summary of Notable players 48
COMPANY PROFILES 55
African Chrome Fields (Pvt) Ltd 55
AfriTin Mining Ltd 57
B2Gold Namibia (Pty) Ltd 60
Bikita Minerals (Pvt) Ltd 62
Bindura Nickel Corporation Ltd 64
Chibuluma Mines PLC 68
CNMC Luanshya Copper Mines PLC 70
Companhia Siderurgica do Cuchi S.A. 72
Consolidated Nickel Mines Ltd 74
De Beers Marine Namibia (Pty) Ltd 76
Debswana Diamond Company (Pty) Ltd 78
Empresa Nacional de Diamantes de Angola EP 81
Great Dyke Investments (Pvt) Ltd 83
Hwange Colliery Company Ltd 85
Kagem Mining Ltd 88
Kansanshi Mining PLC 90
Khoemacau Copper Mining (Pty) Ltd 92
Letseng Diamonds (Pty) Ltd 94
Lodestone Namibia (Pty) Ltd 96
Lubambe Copper Mine PLC 98
Lucara Diamond Corp. 100
Lumwana Mining Company Ltd 103
Maamba Collieries Ltd 105
Makomo Resources (Pvt) Ltd 107
Maloma Colliery Ltd 109
Mimosa Mining Company (Pvt) Ltd 111
Minergy Ltd 113
Morupule Coal Mine (Pty) Ltd 116
Mupane Gold Mining (Pty) Ltd 118
Namdeb Diamond Corporation (Pty) Ltd 120
NFC Africa Mining PLC 122
Prospect Resources Ltd 124
RioZim ltd 126
Rosh Pinah Zinc Corporation (Pty) Ltd 130
Rossing Uranium Ltd 132
Storm Mountain Diamonds (Pty) Ltd 134
Swakop Uranium (Pty) Ltd 136
Unki Mines (Pvt) Ltd 138
Zimasco (Pvt) Ltd 140
Zimbabwe Platinum Mines (Pvt) Ltd 142