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Joint venture opportunity in Swaziland mining project
Wed, 05 May 2010 12:26


Region
Swaziland

Sector
Mining & Metals

Summary:
The Swaziland government is inviting partners to extract talc for industrial and other purposes. The project is located in Forbes Reef, an area in the North-western part of the country that has extensive talcose schist deposits.
Contact
Sizwe Vilane

Email
vilanez@sipa.org.sz

Tel
+268 404 0470/2/3/4
Fax
+268 404 3374


Project: Talc mining and processing

Location: Forbes Reef, Hhohho

Summary: The Swaziland government proposes to extract talc for industrial and other purposes at Forbes reef. The location has an extensive area underlaid by talcose schist, which is suitable for small-scale selective open cast mining. The site is 20 minutes from the main border gate with South Africa on excellent road. Swaziland’s varied and ancient rock structures are rich in minerals. The dormant iron ore mine in the western Ngwenya mountain, which today is a tourist attraction, lies next to the oldest iron age site in the world.

Cost of investment

Small-scale project: up to ZAR10-million
Medium-scale project: ZAR10-100-million
Large-scale: over ZAR100-million

Investment structure: Joint venture

For further information on this investment contact the Swaziland Investment Promotion Authority

Sizwe Vilane, Foreign Direct Investment
Email: vilanez@sipa.org.sz

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