Region
Capricorn District Municipality
Limpopo
Polokwane Municipality
South Africa

Sector
Mining & Metals
Personal & Household Goods

Summary:

A jewellery hub is to be established in Limpopo to take full advantage of the Province's mining output. Private sector partners are sought for the project.

Contact
Mr Amos Shiburi, Trade & Investment Limpopo

Email
shiburia@til.co.za

Tel
+27 15 295 5171
Fax
+27 15 295 5197

Project Location
Polokwane Municipality, Capricorn District, Trans Limpopo Corridor

Project Purpose
Encourage downstream value-added potential of precious mineral resources by manufacturing platinum, diamond, gold and exotic pieces of jewellery.

Project Value
US $ 20 Million

Job Creation
300 jobs could potentially be created

Project description/concept
The province wishes to establish a jewellery factory in Polokwane. The main aim is to maximise the provincial mining output of platinum, diamonds, gold and some of the gemstones. The province currently hosts eight platinum mines, three diamond mines, one gold mine and a number of small operations of gemstones . There is a good chance that about ten additional mines of platinum and gold will be opening in the next ten years. The plan is to secure a small percentage (2%) of the current production and dedicate it to this manufacturing initiative. The jewellery to be produced will be used as corporate gifts, chains, watches and sought-after costume pieces.

The Market
The target is that 70% of production will be dedicated to the international market and the balance for the domestic market. South Africa is expecting international jewellery designers to bring international contracts for local manufacturers.

Project Model
The project is earmarked to be in line with those operated by Vukani Ubuntu in South Africa. The building model will cost in the region of US $20 million. The hub will consist of a jewellery manufacturing factory to be operated by the private sector, a training facility to be operated and sponsored by the Government and an SMME incubation centre, which will be a section 21 company, sponsored by the private sector. This hub will be private-public partnership initiative.

Project requirements
•  Project Funders
•  Full feasibility study
•   Business Plan

For more information:
Trade & Investment Limpopo
Contact: Mr Amos Shiburi
Tel: +27 15 295 5171
Email: shiburia@til.co.za 
www.til.co.za