- Category: MTE expos
- Published on 25 November 2016
- Hits: 684
|19 June 2017|
|13:00 to 17:00|
|Per stand - Excl. VAT|
|1-5 shows||R9 600|
|6-11 shows||R8 500|
|12+ shows||R7 800|
|2 x Combos||R15 100|
|3 x Combos||R19 800|
The Northern Cape is one of South Africa’s biggest and most sparsely populated provinces but it is well known for its mining industry, particularly diamond mining. Home to a vast portion of the Karoo, the Northern Cape has recently been caught up in the Karoo fracking melodrama but, with tenders like the R1.5-billion Barloworld for the Vedanta Gamsberg open-pit zinc mine project just south of the N14 national highway linking Upington to Springbok, it seems the Northern Cape legacy as a bountiful province may yet continue.
MTE has two expos in the Northern Cape, namely Kimberley and Kathu, as well as the Kathu golf day (keep reading for more info on the latter two).
Kimberley, the Northern Cape’s capital city, is located about 110km from the confluence of the Vaal and Orange Rivers. It is also South Africa’s original diamond town – the first recorded discovery of diamonds happened on the banks of the Orange River in 1866, when Erasmus Jacobs found a brilliant pebble, which later proved to be a
21.25-carat diamond known as the Eureka. Three years later, an 83.5-carat diamond was found nearby. That diamond became known as the Star of South Africa and, in 1974, it was sold on auction for CHF1.6-million Swiss francs (GBP2.1-million in 2015).
Kimberley is also where, in 1888, British businessman Cecil Rhodes founded De Beers. In 1926, Ernest Oppenheimer, a German immigrant to Britain who had earlier founded mining giant Anglo American plc with American financier JP Morgan, was elected to the board of De Beers. He built and consolidated the company's global monopoly over the diamond industry until his death in 1957. In 2015, his grandson Nicky Oppenheimer was named South Africa’s second wealthiest billionaire, with an estimated net worth of R6.7-billion.
On 1 December 2015, De Beers ended more than 125 years of diamond mining history in South Africa by selling its last remaining producing assets in Kimberley. The company, which has dominated the diamond industry for more than a century, said a consortium formed by Petra Diamonds and South African firm Ekapa Mining agreed to pay USD7.2-million for the mines.
In July last year, Petra announced the completion of a joint venture agreement with Ekapa Mining, where the two companies combine their respective operations in Kimberley. This resultant entity, Kimberley Ekapa Mining Joint Venture, now houses the Kimberley underground mine, numerous tailings retreatment programmes and the Central Treatment Plant. Combining these assets leads to operational synergies, cost savings in overheads and processing and hauling costs. This extends the life of the mine and directly contributes to the sustainability of diamond mining operations in Kimberley, to the benefit of all stakeholders.
Exhibitors should include any company that supplies equipment or products to the diamond mining industry mines, or that supplies equipment or products that can be used in the diamond process. Kimberley is South Africa’s original diamond town, so if you’re involved in that business, this is the expo for you.
- This is our first exhibition in the area.