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MINING FOR CLOSURE

59

Box 8

Drainage tunnel mushroom farms

Case example

Market opportunity

Capital expenditure

Longevity

Infrastructure

Employment

Market

Additional benefit

Fate

Tunnel Closure – Diamond Mushroom Farms

Tunnels stable environment and climate provides competitive advantage for mushroom grower

ZAR 600 000

Ongoing

Underground drainage tunnels in historical mining area around the “Big Hole” of Kimberley

12 persons

Leading supplier of specialty mushrooms with southern African distribution network. Turnover

ZAR 800 000/p.a.

Underground drainage tunnels an ongoing maintenance liability for De Beers. This was turned

into rental income.

Project acquired by De Beers for use as an empowerment vehicle.

Box 9

Metallurgical plant fish farm

Case example

Market opportunity

Capital expenditure

Longevity

Infrastructure

Employment

Market

Additional benefit

Fate

Metallurgical Plant Closure – AngloGoldFish (West Rand)

Ponds ideal for managing water conditions for fish farming – such operations carried out by

existing business actors

ZAR 2.5 million

Ongoing.

Metallurgical Plants designed for the circulation of liquids

18

Outgrower to existing exporter. Turnover ZAR 3.6 million/p.a.

If replicated at 4 earmarked sites closure savings could have exceeded ZAR 45 million and result

in a world class player in the ornamental fish business.

Avoidance of closure cost in excess of ZAR 7 million