Mining Mirror March 2018 | Page 3

Comment Local innovation stirs the mining giant Get in touch @LeonLouw3 [email protected] W ouldn’t it be remarkable if the South African mining industry could change as rapidly as the political and economic outlook for southern Africa? A mere four or five months ago, hardly any economist, commentator, or analyst could have foreseen the earthmoving political change that would blow a breath of fresh air into the ailing economies of a region blighted by graft and corruption, yet with so much potential. Angola provided the first glimmer of hope when the newly elected president João Lourenco started dismantling the Dos Santos empire three months after his appointment by sacking Dos Santos’s daughter Isabel, the richest woman in Africa, as head of Sonangol, which is Angola’s state oil firm. Robert Mugabe’s record-long dictatorship came to an end towards the end of 2017, while South Africa’s fortunes were turned around within a few days in December, when Cyril Ramaphosa was elected as the new president of the ANC and Jacob Zuma started losing his grip on what was until then nothing less than a catastrophic kleptocracy. The political change has significantly boosted the outlook for the economies of Angola, Zimbabwe, and South Africa, and mining will be one of the first industries to benefit. In fact, it didn’t take long before exploration companies started queuing at the office of the Angolan Ministry of Geology and Mines. Zimbabwe’s mineral potential and geology have been mapped extensively and is well understood. With what appears to be a new, business-friendly government in Zimbabwe, mining companies will be knocking on the Mineral Department’s door soon. Although the closure date for many of South Africa’s mines are looming, tonnes of reserves are still underlying the decrepit historical gold mining towns of the Witwatersrand. Political stability and regulatory certainty will go a long way to lure new investments, but the problem is that the ore bodies occur at depths of more than 4 000m below surface. South African mines are at a crossroads: it needs to modernise and mechanise within the next three years to save the industry — and thousands of jobs. To unearth and extract gold at these depths require new and innovative technology, but most of all, it necessitates a mindset change. People cannot work at these depths safely and productively — but machines can. Neither can people effectively clean out the back-ends of numerous platinum and gold mines in South Africa. There is layer upon layer of ore-bearing muck — worth a lot of money — gathering dust in mines that have ‘supposedly’ reached the end of mining life. Dr Danie Burger, CEO of local manufacturing company CMTI, told me that by properly cleaning back-ends and gulleys, a mine can increase the life of its ailing operation substantially. CMTI designed, manufactured, and tested the ultra-low-profile MT950 sweeper, and it is creating quite a stir in the underground equipment world. With the changing political tide, a new wave of innovation is lightening up the mining scene in South Africa. Most exciting of all is the fact that this technology revolution is led by home-grown South African manufacturers like CMTI, RHAM, AARD, and other members of the Mining Equipment Manufacturers of South Africa (MEMSA). It is encouraging to have local manufacturers solving unique South African mining challenges. Thumbs up for MEMSA and may the major mining houses get on board soon. Hopefully the new-found optimism in the region provides more opportunities for local entrepreneurs, stimulates innovation, and prompts more Africans to find solutions for unique African problems. Leon Editor MARCH 2018 MINING MIRROR [1]