Founded in 1992 as a pioneering black-owned company, Thebe Investment Corporation is one of South Africa's leading investment companies, managing assets of over R6 billion. Thebe is a unique entrepreneurial company that does not exist only to make a profit, but is driven by a commitment to serve the broader interests of communities at large.
The company has underground mining operations, surface operations and an open-pit mine in South Africa and is focusing on prospective areas in Papua New Guinea) Minerals Inc. (HBM) ( Minerals is an integrated mining company headquartered in Canada focusing on the discovery, production and marketing of base and precious metals.
A new directory of black-owned South African businesses, dubbed the 'Black Pages', was unveiled on Friday by Shanduka Group executive chairperson Cyril Ramaphosa. The publication was an initiative undertaken by Shanduka Black Umbrellas, an incubation and mentoring initiative for black-owned small, medium-sized and microenterprises (SMMEs).
BHP Billiton, one of the foremost mining companies in South Africa, along with Mining, Xstrata and Petro SA, also feature in large-scale operations in South Africa. The Goedgevonden Coal Phase V Expansion, run by this conglomerate of mining companies in South Africa, is detailed by Africa Mining IQ; listing, among other fields, project progress, values, dates and contact details.
Redpath Mining (South Africa) (Pty) Ltd is 74% owned by J.S. Redpath Ltd (Canada) and 26% owned by Siyakhula Sonke Empowerment Corporation, a South African black economic empowerment (BEE) company. The company is a focused mining contracting organisation, created in 1994 through the purchase of Basil Read's underground mining company some seven years after its initial …
In South Africa, Eskom calls on its coal suppliers to be 51% black-owned, a standard smaller companies are finding much easier to meet than international mining houses. Anglo American sent a statement to Climate Home in which company spokespeople said that Anglo "initiated a process to exit its Eskom-tied mines".