Manganese BEE deal for N Cape

first_img21 December 2007Samancor Manganese has unveiled an empowerment deal with Ntsimbintle Mining which will see the creation of a new mining company, Hotazel Manganese Mines, and see increased participation in the economy by communities in the Northern Cape province.The deal relates to two mines near the town of Hotazel – Wessels and Mamatwan – that are wholly owned by Samancor, which is in turn owned 60% by BHP Billiton and 40% by Anglo American.According to a statement issued by BHP Billiton last week, Ntsimbintle will vend in portions of its prospecting rights contiguous to Samancor’s Mamatwan and Wessels mines in exchange for a 9% interest in a new company, Hotazel Manganese Mines, which has been created to effect the transaction.BHP Billiton’s president for manganese, Peter Beaven, said the Hotazel manganese mines were among the best in the world, and are set on a strong growth path with strongly enhanced mine lives as a result of the transaction, which was just the start in the company’s strategy to transfer 26% of Hotazel Mines to BEE partners.“The transaction provides Ntsimbintle immediate ownership of strongly profitable assets and their associated cash flow whilst Samancor gains access to further resources and reserves, some of which can be immediately accessed from existing Samancor mine operations,” Beaven said. “This is undoubtedly the most sensible commercial arrangement for the development of the two sets of rights.”Ntsimbintle is a broad-based consortium made up of Safika Resources, Nkonjane, Wiphold, Northern Cape Women in Mining, the Kgalagadi Development Trust, the Natural Resources Empowerment Fund, the Retrenched Workers Association, the Hotazel Women’s Association and the Northern Cape Community Business Men.“We welcome this partnership with Samancor, which is the leading manganese producer in the world,” said Ntsimbintle’s Saki Macozoma. “This is a mutually beneficial relationship which will hopefully ultimately see South Africa play a bigger role in the world manganese market.”Sabelo Macingwane, also of Ntsimbintle, added that Northern Cape communities who are shareholders in Ntsimbintle would enjoy meaningful participation in the local economy through Hotazel Mines.“This transaction will facilitate the advancement of black economic empowerment in the Northern Cape,” BHP Billiton SA chairman Vincent Maphai said. “BHP Billiton is committed to the transformation and growth of the South African economy and we believe that transactions such as this, which include ownership, will enable us to contribute to that transformation.”BHP Billiton added that the transaction was subject to the approval of the Department of Minerals and Energy for the transfer of Ntsimbintle’s prospecting rights and Samancor’s mining and prospecting rights to Hotazel Mines.SAinfo reporter Want to use this article in your publication or on your website?See: Using SAinfo materiallast_img read more

Riding the wild Cape winds

first_imgThere are some good spots in Cape Town for beginner windsurfers. This is not one of them. Bart de Zwart tests some high- wind equipment near Cape Point. Big waves give the opportunity to get some speed up coming in to the beach – and to get airborne going back out. (Images: Jennifer Stern)Jennifer SternWhen the wind is howling in Cape Town, most people batten down the hatches. But Stefan Gölnitz, Bart de Zwart, Gunther Baade, Jonas Holzhausen, Manuel Vogel and Frank Lewisch are not like most people. These guys come to the Cape because of the wind, not in spite of it.So the attendant at the gate of the Cape Point section of the Table Mountain National Park had to shake herself out of her inaction-induced reverie to sell them tickets. Not many people were braving the Cape of Storms with a howling southeaster blowing.But it was the perfect opportunity to test some wave-jumping boards and heavy weather sails, so the test team set off to play in the wind and waves.Gölnitz is a journalist for a Surf Magazin, the biggest windsurfing magazine in Germany and – strange as it seems – the best-selling windsurfing magazine in the world.  Germany has well over 100 000 active windsurfers, which makes it probably the biggest windsurfing market in the world. This is partly because the newer craze of kite surfing, which has seduced so many windsurfers away, has not really caught on in Germany to the same extent it has in, say, South Africa.After a short session near the Cape of Good Hope, they moved off to Witsand – a popular spot for experienced boardsailors.  And they went wild. There were a couple of intrepid kite surfers there when they arrived, but they were just getting out the water as the wind was picking up.Cool jobGölnitz has a pretty cool job. He has to do some nice travel articles, and he gets to play on the water more than most people who have regular jobs.But probably his favourite assignment is his six-week sojourn in Langebaan, where he and his colleagues test the latest, newest and hottest windsurfing equipment. They test light weather equipment in Italy, but they have to leave Europe to get really consistent high winds and big seas, so they come to Langebaan.This is the 12th consecutive year the Surf Magazin test team have used Langebaan as a location, and it has become an automatic choice.  “In fact,” Gölnitz says, “if the water was warm, this would be maybe the best windsurfing destination in the world.”Langebaan, he says is the perfect base. The lagoon is calm and protected so they can test relatively light weather gear when the wind is not too strong. When it picks up – as it usually does in the afternoon – they can test racing gear, getting up to tear-blurring speeds across the turquoise lagoon.“And,” he adds, “Swartriet is a short drive away when we want to do wave jumping.“And Cape Town is close by, so we can go to Big Bay to surf or to Cape Point and Witsand. There are so many good sites in just an hour’s drive.”Gölnitz says it’s not only the quality of the wind and sea conditions – fabulous as they are. It’s also the general vibe of Cape Town.  “We’ve done the tests in Egypt and the Caribbean before,” he says. ‘But it’s boring. There’s nothing to do when you’re not sailing. In Cape Town, if the weather is bad, we can go to a movie or to the Waterfront. Or even play golf.”A bit of translation may be needed here. Bad weather for Gölnitz means no wind, regardless of how sunny and warm it may be.They are based for the whole six weeks at the Cape Sports Centre. It’s conveniently right on the beach and it has the facilities to effect repairs if necessary. And it’s the centre of action for windsurfers, kite surfers, paddlers and cyclists with all manner of active happenings going on all the time, so it’s a vibe they can relate to.They need to test an enormous amount of equipment so it’s fortunate for them they have a sponsorship with a German airline, otherwise the cost of flying about 600kg of gear from Europe to the tip of Africa and back again would be prohibitive.  And that’s not even the half of it. The rest is brought over by the manufacturers themselves.International windsurfingThe first week of their stay is a real who’s who of international windsurfing. The top equipment manufacturers in the world fly in to Cape Town with a selection of gear they’d like tested, and then they spend a few days in Langebaan networking, pushing their products and – of course – sailing.After that first week, the team gets down to the serious work of testing the gear. It sounds like a cushy job but it really is hard work.The other five members of the team are not journalists, but are mostly semi-professional or professional windsurfers – either teaching windsurfing or running shops. It’s mid-winter in Germany when any sensible person would be sitting in front of a log fire with a mug of glühwein, or – at most – skiing, so business is slow for the water sports industry.While their skill is an essential ingredient in their being part of the team, size also does count. The team consists of three pairs of sailors of similar weights – two light, two medium and two heavy.And they don’t just go out there and have fun. They will perform specific tasks with a range of different boards and sails, and they take copious notes. Then they spend hours in the evening comparing their opinions, and recording their scores.The result is the most authoritative review of windsurfing equipment in the world. Keen boardsailors from other countries have started to learn German just so they can read it.While it’s not a holiday, and they are here to work, six weeks is a long time so many of the team are joined by friends and family for a week or two, and they certainly enjoy spending time in Cape Town.  They’ve got another couple of weeks, and then it’s back to a European winter – but that’s not too terrible a fate. There’s skiing and glühwein, and Christmas with real trees and homemade stollen.Do you have queries or comments about this article? Email Mary Alexander at [email protected] articlesInto the big-wave DungeonsThe agony and the ecstacy The adventure starts here Useful linksSurf MagazinCape Sportlast_img read more

Have It Your Way

first_imgThis morning I drove my teenage son through Burger King (I know, I know. I am waiting for Children’s Service to arrive any minute now).It was 10:05 AM, and my son wanted lunch. The fancy electronic menu showed only breakfast choices, so I asked: “Are you serving lunch?” The kid taking orders said, “No. We’re serving breakfast.” I said, “Sorry. My kid wants lunch so were going to go somewhere else.” Without delay, the order-taker asked, “What does he want?” I rattled all off the different things he wanted. The order-taker said, “No problem. We’ll make it for him.”It took a few minutes to prepare his order while we waited at the drive-through window.The total order came to $5.69.The restaurant wasn’t prepared to serve lunch. It doesn’t matter what the profit margin is on the order, it isn’t enough for the restaurant to go to the trouble. What’s interesting is the culture in this Burger King.It wasn’t the manager who agreed to make the order. It was an employee. I’ve seen people with far greater titles and far more responsibility with less decision-making authority. Somehow, this kid was empowered to make a decision to serve the customer, rules and breakfast be damned.The kid at the window also recognized he had some responsibility to serve the customers, not just take their orders. He recognized he was going to lose a customer and asked what he could to change that. I told him, and he did what he needed to do.The kid that took the order wasn’t at the window. It was a young girl. She smiled and said “Thank you” as she handed me the food-of-a-seriously-questionable-nutritional-value that my son had ordered.Culture matters. Empowerment matters. Responsibility matters. This is noteworthy because the employees in this story make minimum wage (or something close to it). What then should be possible with higher paid, more experienced people?last_img read more

Steve Nash Announces Seventh Charity Soccer Showdown

first_imgToday two-time NBA MVP Steve Nash announced the seventh edition of his popular charity soccer match, the Steve Nash Foundation Showdown, to return on Wednesday, June 25, 2014, in New York City.Showdown is a fast-paced, competitive soccer match featuring NBA and professional soccer players, joining forces to support the Steve Nash Foundation’s work to benefit underserved children. All proceeds from Showdown ticket sales will benefit the Foundation’s early childhood education platform, Educare.“It’s amazing that we’re in our 7th year already,” said Nash. “The crowd, the players, our sponsors, the people behind the scenes – Showdown’s become such a specific yet all-inclusive happening, and I can’t wait to get back out there this year. The game is so competitive, even when something about it comes up during the season or I see a photo of a past Showdown, I just get that same excitement. This will be the third time we’ve played during a World Cup summer, so it’ll be great to be part of that energy, too, especially with a soccer fan getting to play with us.”For the first time, Steve & the Foundation are offering one lucky winner a chance to play in the game – through Prizeo, fans can donate at levels starting at $10 to enter to win a trip to New York City, a two-night hotel stay at the SIXTY LES, and a walk-on cameo with the pros – and a host of other memorabilia. More details at SteveNash.org/Showdown and at Prizeo.com/SteveNash.This year’s Showdown kicks off at 6:30pm, with the best of two sports worlds competing at Sara D. Roosevelt Park in the Lower East Side (at Chrystie and Stanton Streets). The next day, ticketed fans will be invited to gather for a Showdown World Cup Viewing Party to watch Team USA play Team Germany in a Group G Stage game.Showdown is sponsored by CyberDust, Umbro, JetBlue, Major League Soccer, Jawbone, and Phebe’s Tavern & Grill.Past Showdown rosters have included NBA players Tony Parker (San Antonio Spurs), Chris Bosh (Miami Heat), Jeremy Lin (Houston Rockets), Klay Thompson (Golden State Warriors), and international and MLS soccer pros Thierry Henry (New York Red Bulls), Alonso (Liga Veteran), Robbie Rogers (Los Angeles Galaxy), Salomon Kalou(Lille), Claudio Reyna (USA World Cup Team), Patrick Vieira (Manchester City), Giuseppe Rossi (Fiorentina) Javier Zanetti (Inter), Sammy Amoebi (Newcastle), Stuart Holden (Bolton), Oguchi Onyewu (Malaga CF), and Rod Fanni (Olympique de Marseille).Tickets and VIP packages to Showdown and the Showdown World Cup Viewing Party are available at SteveNash.org/Showdown. Live insights into this year’s lineup, archived materials and prizes (including autographed merchandise) will also be announced through the @SteveNashFdn twitter handle.last_img read more

Tropical Depression News Us Strengthens

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 29 October 2014 – A trough of low pressure extending from near the northern Leeward Islands northeastward over the Atlantic for a few hundred miles is producing a large area of disorganized showers and thunderstorms.Upper-level winds are currently marginally conducive, and some development of this disturbance is possible during the next day or so while it moves west-northwestward to northwestward at 10 to 15 mph. After that time, conditions are forecast to become unfavorable for tropical cyclone formation.* Formation chance through 48 hours…medium…30 percent.* Formation chance through 5 days…medium…30 percent. Weekend Weather Watch – storms and general TCI weather for weekend Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:tropical cyclone, tropical depression Recommended for you System becomes Tropical Storm Danny Tropical Watch with three systems being monitoredlast_img read more