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NATIONAL NEWS - In a bid to save many enterprises from definite collapse due to the impact of strict lockdown regulations, Free State Economic, Small Business Development, Tourism and Environmental Affairs (DESTEA) has introduced economic recovery incentives to provide financial support to local enterprises.
“These incentives targeted both the formal and informal sectors in the townships and rural areas, in order to save jobs and create new ones. To date, a total of R71 million was disbursed to assisting over 893 Free State enterprises,” Free State DESTEA MEC Makalo Mohale said.
Mohale said the department has commenced a series of stakeholder engagements to ensure that everyone is pulling in the same direction with the goal of revitalising and growing the Free Sate economy, particularly the township economy post COVID-19.
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Copper production at the Kamoa-Kakula Mine to begin imminently; first phase projected to produce approximately 200,000 tonnes of copper per year Kamoa-Kakula's Phase 2 expansion, scheduled for Q3 2022, will double annual copper output to approximately 400,000 tonnes Ivanhoe Mines pledges net-zero greenhouse gas emissions at the Kamoa-Kakula Copper Mine Expanded 2021 exploration program underway on Ivanhoe's Western .
Ivanhoe Mines Ltd.: Ivanhoe Mines Issues Q1 Financial Results and Review of Mine Construction Progress and Exploration Activities
80,000 to 95,000 tonnes
All figures in the above table are on a 100%-project basis. Metal reported in concentrate is prior to refining losses or deductions associated with smelter terms. Cost guidance is expected to be provided once the Kamoa-Kakula Project s Phase 1 plant has reached steady state production.
Kamoa-Kakula s Phase 1 backfill plant with concentrator plant in the background.
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Construction of Phase 2 of the Kamoa-Kakula project is well underway and Phase 3 expansion is being explored
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