Thor Explorations flagship project is the Segilola Gold Project in Nigeria which comprises a proposed open pit gold mining project based on an indicated mineral resource defined by a comprehensive drilling program over 16 000m of RC and Diamond Drilling to define a high grade resource and probable reserve. The exact co-ordinates are currently not available however the approximate area of location is lat: 7.520725991218704; long: 4.84167115175683
Status
Region
Underway
Nigeria
Category
Value
Infrastructure
R 100 million+
Industry
Timing
Mining
17 months
Sector
Class
Private
Invited / Negotiated
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Golden Glades is the first phase of the new development of Witherow dam in Bloemfontein. The estate is comprised of a mixture of free standing houses and apartments. Golden Glades comprises of 146 freestanding homes and 134 apartments. All residential buildings within the estate will be built along the Tuscan design,
Status
Region
Design
Bloemfontein
Category
Value
Building
R 100 million+
Industry
Timing
Residential
2020 onwards
Sector
Class
Private
Invited / Negotiated / Turnkey
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Mining in Africa has a long history. For over 2000 years iron ore and other metals have been mined in North Africa. Iron mining began in sub-Saharan Africa around 500 BC and had spread throughout the region by 200 AD.
The African continent is home to plentiful natural resources including diamonds, cobalt, oil, natural gas, copper, and gold among others.
Some examples of African countries that are rich in minerals are:
Around 55% of the world’s diamonds are led by Botswana and Congo
Africa produces about 483 tons of gold which equate to 22% of the world’s total production
60% of mining in Africa is Gold Mining.
Africa hosts 30% of the world’s mineral reserve.
South Deep gold mine is the largest gold mine in the world, by reserves. Located 45km south-west of Johannesburg in the Witwatersrand Basin, South Africa, South Deep is also the seventh deepest mine in the world, with a mine depth up to 2,998m below the surface.
The Mponeng Mine located south-west of Johannesburg in South Africa is currently the deepest pit in the world.
Botswana heads Africa’s list of diamond miners, housing seven well-established mines including Jwaneng, the world’s richest in terms of value, Orapa, the world’s largest by area, along with Karowe and Letlhakane.
Ghana has cemented its position as Africa’s largest gold producer after increasing its industrial gold output by 6% in 2019.
The Big Hole in Kimberley is considered one of the deepest cavities excavated by man. From mid-July 1871 to 1914, 50,000 miners dug the now famous Big Hole (then called the Kimberley Mine) in Kimberley with picks and shovels yielding 2 722 kilograms of diamonds. The hole has a surface of 17 hectares (42 acres) and is 463 meters wide. It was excavated to a depth of 240 meters, but then partially infilled with debris reducing its depth to about 215 m. Since then it has accumulated water to a depth of 40 meters, leaving only 175 meters visible.
The word “Diamond” comes from the Greek word “Adamas” and means “unconquerable and indestructible”
To produce a single one-carat diamond, 250 tonnes of earth needs to be mined
The Cullinan Diamond was the largest gem-quality rough diamond ever found, weighing 3 106.75 carats (621.35 g), discovered at the Premier No.2 mine in Cullinan, South Africa, on 26 January 1905.
Leads 2 Business currently has 417 active mining projects on our database and growing.
Should you wish to subscribe to receive and follow mining project leads, please feel free to contact me MelanieM@L2B.co.za.
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The Kamoa-Kakula Copper Project has been independently ranked as the world’s largest, undeveloped, high-grade copper discovery by international mining consultant Wood Mackenzie in the Democratic Republic of Congo. It is a very large, near-surface, stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometres west of the town of Kolwezi and about 270 kilometres west of the provincial capital of Lubumbashi. The prefeasibility study has indicated annual mine production of 3 Mtpa at an average grade of 3.86% copper over a 24-year mine life, resulting in annual copper production of approximately 100,000 tonnes. Initial capital cost, including contingency, is US$1.2 billion.
Status
Region
Underway
Democratic Republic of the Congo (DRC)
Category
Value
Infrastructure
R 100 million+
Industry
Timing
Mining
2019 onwards.
Sector
Class
Private
Invited / Negotiated
If you are a valued Projects subscriber, you can find more details about this Featured Project here.
If you are interested in becoming one of our subscribers, please visit our website.
To view notes with screenshots on how to use our website, please visit our Wiki site.
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Thor Explorations flagship project is the Segilola Gold Project in Nigeria which comprises a proposed open pit gold mining project based on an indicated mineral resource defined by a comprehensive drilling program over 16 000m of RC and Diamond Drilling to define a high grade resource and probable reserve.
Status
Region
Underway
Nigeria
Category
Value
Infrastructure
R 100 million+
Industry
Timing
Mining
17 months
Sector
Class
Private
Invited / Negotiated
If you are a valued Projects subscriber, you can find more details about this Featured Project here.
If you are interested in becoming one of our subscribers, please visit our website.
To view notes with screenshots on how to use our website, please visit our Wiki site.
To view more articles, please visit our blog.
Construction of four 12 story towers that will house a commercial center, offices and a patio with garden in Angola. Value: US$ 323m.
Status
Region
Underway
Angola
Category
Value
Building
R 100 million+
Industry
Timing
Office & Commercial, Retail, Residential
2013 – 2017 Extended to 2020
Sector
Class
Private
Invited / Negotiated
If you are a valued Projects subscriber, you can find more details about this Featured Project here
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Construction of residential apartment units, duplex and residential villas for the proposed Yihai smart city at Pailles, located within the boundaries of Port Louis, Mauritius. Estimated cost: US$15 million.
Status
Region
Awarded
Mauritius
Category
Value
Building
R 100 million+
Industry
Timing
Residential
2018 onwards.
Sector
Class
Public Private Partnership
Invited / Negotiated / Turnkey
If you are a valued Projects subscriber, you can find more details about this Featured Project here
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Mauritius is a small island in the Indian Ocean. The most important revenue in the 1980s was sugar cane being exported to European countries. Nowadays it relies mostly on the tourism sector which is considered its main source of revenue. Tourism has become a source of job creation and revenue for the local inhabitants. A change in the tourism demand for an island may have a major impact on the Gross Domestic Product, the budget and the Balance of Payments.
Sugar cane fields are now being replaced by new projects to cater to the tourism sector. With so many developments in the pipeline for Mauritius, it is hard to pick just five of them. Currently, on the L2B website, we have over 340 projects for Mauritius alone, and that figure is climbing steadily.
Here are some interesting large projects that are currently either in the pipeline or underway in Mauritius:
1) Jin Fei Smart City
The Jin-Fei Smart City will be created over eight years and will require an investment of around US$ 800 million. The first phase includes the construction of the Garden of Eden, which is now complete, as well as the construction of a 5-star hotel with 185 rooms. This hotel project will be carried out in two 60 m high towers. Construction of the hotel has started on a plot of land next to the Place du Jardin d’Eden. In parallel, construction will also start on 19 luxury French-style villas along the Baie du Tombeau river, a clifftop restaurant and an entrepreneur club that will take the form of a boat.
2) Medine Smart City (aka Uniciti)
Medine Group is aspiring to create a smart city which will include not only residential areas, schools, universities, shopping malls, sport and leisure centres but also an art and cultural centre and a botanical garden. With a surface area of 823 acres between Bambous, Cascavelle and Flic en Flac, the project will have a global investment of US $ 937 million once the city is completed.
3) Beau Plan Smart City
Terra Mauricia’s smart city project will be located at Beau Plan on a freehold land of an extent of 540 acres. The proposed smart city project will comprise of residential units, mixed-use development, creative park and university campus development. Existing developments such as the Aventure du Sucre, Beau Plan Business Park, restaurant, leisure facilities amongst others have been included in the smart city. The project will entail a total investment of US$ 800 million and will bring around 10 200 job opportunities.
4) Cap Tamarin Smart City
The Cap Tamarin Smart City Project will be located at the entrance of Tamarin Village and will comprise of an education zone, office spaces, a boutique hotel, residential units, a civic centre and public amenities, including jogging and cycle tracks. The project will cover the land of an extent of 105 acres. The total investment is estimated at US$ 240 million.
5) Mon Tresor Smart City
The Mon Trésor Smart City project is being undertaken by the Omnicane Group and will be a vibrant and sustainable city comprising of a business gateway, offices, logistics/light industrial park, freeport zone, 600 residential lots, 300 villas/duplexes, 100 apartments, commercial centre, leisure complex, SME’s incubator, film studio, civic centre, an education and art hub on freehold land of an extent of 184.1018Ha at Mon Trésor and La Cambuse. The total project cost is estimated at US$ 253.5 million.
Did you know: Mauritius has emerged as Africa’s most competitive economy for 2019 and ranked 25th in the world. South Africa’s economy is ranked 2nd in Africa and 60th in the world for 2019.
For more information on the above developments, as well as a whole lot of other interesting projects happening in Mauritius, as well as in the SADC region, please feel free to contact me (MelanieM@L2B.co.za) to receive daily project leads and updates.
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The Syama Gold Project is located in the south of Mali, West Africa approximately 30kms from the Côte d’Ivoire border and 300km southeast of the capital Bamako in Mali. A pre-feasibility study into an underground operation at the Syama project has resulted in a 54% increase in the project’s ore reserves. With the addition of some 14.3 million tonnes of underground ore, the Syama ore reserve has grown to 3.15 million ounces, up by 1.1 million ounces on the previous estimate. Underground mine would require a capital investment of $85.6 million.
Status
Region
Underway
Mali
Category
Value
Infrastructure
R 100 million+
Industry
Timing
Mining
2014 onwards
Sector
Class
Private
Invited / Negotiated
If you are a valued Projects subscriber, you can find more details about this Featured Project here
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Construction of a 107km pipeline which will lie 2m underground, a combined helium and Compressed Natural Gas (CNG) plant with associated gas production and processing facilities, for the Tetra4 Cluster 1 Gas Production Project located near Virginia, within the Matjhabeng and Masilonyana Local Municipalities, in the Free State. The study area includes portions of the following farms: Brakspruit 121; Palmietkuil 328; Middelplaas 583; Enkeldoorn 360; Kalkoenkrans 225; Mond van Doornrivier 38; Boschluis Spruit 278; Damplaats 341; Grottkau 410; Retreat 118; Zonderzorg 342; Goedemoed 143; Nortier 361; Zoetendal 243; Deeldam 106; Jordaan 1; Doornrivier 330; Leeuwbult 52;Driekoppies 322; Excelsior 147; Harmonie 579; Frisgewaag 550; Terra Blanda 155; Erfdeel 188; Kleinpan 320; Blaauwdrift 188; Tarka 656; Hendriena 563; De Wilger 544; Glen Ross 562; Helpmekaar 47. Activities that will take place will include the drilling of new wells as well as intervention drilling of historic wells in order to connect the new with the old and develop a producing gas field, mainly for helium as well as CNG. Gas extracted from the existing and new wells will be compressed via centralised compressors and sent via pipeline through to the combined helium and CNG plant for processing.
Status
Region
Awarded
Virginia
Category
Value
Infrastructure
R 100 million+
Industry
Timing
Water
2020 onwards.
Sector
Class
Public Private Partnership
EPCM
If you are a valued Projects subscriber, you can find more details about this Featured Project here
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