News

Unleashing Untapped Potential: Mining and Energy Investment Opportunities in Northern Cape, South Africa

June 29, 2023

1 min read

Northern Cape Province in South Africa is an area with vast untapped potential in the fields of mining and energy. In a recent Northern Cape Mining and Energy Investment Conference, Mr. Gwede Mantashe, Minister of Mineral Resources and Energy, highlighted the opportunities and challenges faced by the province.

GDP Performance and Challenges

Following the first quarter of 2023, the Gross Domestic Product (GDP) showed an increase of 0.4%, with mining and quarrying making a positive year-on-year contribution of 0.9%. Logistics and unstable power supply issues, however, significantly impacted the low contribution rate.

Addressing Challenges

Minister Mantashe emphasized the need to address grid capacity constraints and enhance rail and port infrastructure to overcome logistical challenges. The Northern Cape region has seen over R90 billion worth of investments in the past five years, mainly in the mining and energy sectors.

Untapped Mineral Wealth

Despite the substantial investments, the province’s potential for mineral wealth remains largely untapped. Critical minerals such as zinc, copper, manganese, and rare earth elements have been discovered in the Northern Cape, offering beneficiation opportunities. The mining of these minerals could also position South Africa as a key player in the global market.

Exploration Fund and Critical Minerals Strategy

To encourage further investment and the emergence of new mines, the Department of Mineral Resources and Energy, in partnership with the Industrial Development Corporation (IDC), is establishing an exploration fund. The aim is to prioritize projects that support the green economy trajectory and just energy transition. Additionally, a critical minerals strategy is being developed to support the development of domestic and global value chains for the green economy.

Cadastral System and Application Backlog

The government recognizes the need for a transparent and reliable cadastral system to facilitate mining revitalization. The procurement of a system with integrity is currently underway, with the adjudication process expected to be finalized soon. Despite the backlog in applications for prospecting and mining rights, the Department has allocated additional resources to accelerate the process in the Northern Cape.

Petroleum Resources and Offshore Drilling

Apart from mineral resources, the Northern Cape also has petroleum resources. In 2024, several offshore exploration wells will be drilled, which could potentially unlock energy security for South Africa. The Department aims to take proper mitigation measures to avoid any harm to the marine ecosystem during these drilling campaigns.

Overall, the untapped potential of Northern Cape’s mining and energy sectors offers robust investment opportunities. Addressing the challenges faced by the province will contribute significantly to South Africa’s GDP and foster economic growth. With abundant mineral resources and energy potential, Northern Cape’s future appears promising for all involved.

Serjio Zakharoff
Latest posts

A Russian-Spanish journalist and Cape Town native, channels his lifelong passion for South Africa into captivating stories for his local blog. With a diverse background and 50 years of rich experiences, Serjio's unique voice resonates with readers seeking to explore Cape Town's vibrant culture. His love for the city shines through in every piece, making Serjio the go-to source for the latest in South African adventures.

View all

Maximising ROI: How CEOs Can Use Recruitment Agencies to Drive Business Growth

As business leaders, CEOs constantly search for strategic tools to drive growth and maximise return on investment (ROI). One such avenue is leveraging the expertise of recruitment services. With over 40 years of experience, MASA (Measured Ability South Africa) stands out as a leading player in the recruitment and staffing solutions industry, offering a blend of innovative strategies and time-tested methods to enhance your business performance. The Strategic Advantage of Recruitment Agencies In today’s fast-paced business world, the right staffing decisions are crucial. Recruitment agencies like MASA offer a streamlined, efficient approach to hiring that brings numerous benefits: 1. Access

Durban Super Giants Outshine Paarl Royals in SA20 Cricket League

The Durban Super Giants and Paarl Royals went headtohead in an exhilarating cricket match that left fans on the edge of their seats. The game took place at the Kingsmead Stadium, a renowned venue for cricket, and was the talk of the town. The Super Giants emerged victorious, cementing their supremacy in the SA20 league.

Latest from Blog

vaping south african teenagers adolescent health risks

The Rise of Vaping Among South African Teenagers

Vaping is quickly becoming a popular habit among South African teenagers, drawn by sweet fruity flavors, flashy packaging, and the buzz on social media. Many teens vape to fit in with friends, feel cool and rebellious, or to escape stress and anxiety. However, what seems like harmless fun can quickly turn into addiction, affecting their health and wellbeing. Despite the risks, vaping is often misunderstood, making it harder for families and schools to stop this growing trend. It’s a serious challenge that needs everyone—parents, teachers, and leaders—to work together to protect young people’s futures.

south african agriculture agoa trade impact

South African Agriculture and the Changing Winds of Trade

Since 2000, the African Growth and Opportunity Act (AGOA) has helped South African farmers sell fruits like avocados, wine, and citrus to the United States without paying extra taxes. This chance boosted farming communities, especially small farmers and women, by opening up new markets and encouraging growth. But recent U.S. tariffs threaten these gains, making it harder for farmers to compete and putting many livelihoods at risk. Still, South African farmers remain strong and hopeful, working hard to face these new challenges and keep their communities alive.

Trapped Abroad: Ashley Oosthuizen’s Journey Through Thailand’s Legal Labyrinth

Ashley Oosthuizen, a young South African woman, went to Thailand chasing her dreams but ended up trapped in a nightmare. After unknowingly signing for a package with illegal drugs, she was arrested and sentenced to over 13 years in prison, despite being innocent. Her mother moved to Thailand to fight for her, sharing Ashley’s story with the world and gaining support. Even when the real criminal confessed, the Thai courts kept Ashley behind bars. Her story is a powerful reminder of how quickly life can change and the risks travelers face in foreign countries.

saps officers missing hennops river tragedy

Shadows Along the Hennops: Three SAPS Officers Vanish and a River Gives Up Its Secrets

In April 2025, three South African police officers disappeared during a trip and were later found dead near the Hennops River, along with two others. Their white car vanished into the river’s dark, swirling waters, hiding clues and sparking a deep mystery. Families and the public mourned, demanding answers amid fears of foul play. The quiet river, once peaceful, now holds heavy secrets and reminds the nation of the dangers police face and the urgent need for justice.

cape town boatbuilding maritime industry

Cape Town’s Boatbuilding: Crafting a Legacy on the Waterfront

Cape Town’s boatbuilding industry is a shining example of skill and tradition mixed with new technology. It creates beautiful, strong boats that are loved worldwide and supports thousands of jobs in the city. But now, new tariffs on exports, especially to the US, threaten this important work and the people who depend on it. Despite these challenges, boatbuilders, city leaders, and innovators are coming together to protect this proud craft. Their passion and teamwork fuel hope that Cape Town’s boatbuilding legacy will sail on strong into the future.

the ultimate mother city guide