Minister Susan Shabangu accompanies President Zuma to the launch of the State Owned Mining Company

His Excellency, President of the Republic of South Africa, Mr Jacob Zuma will officiate the launch of the state owned mining company at the sod turning ceremony of its Vlakfontein Operations in Ogies, Mpumalanga on Saturday, 26 February 2011.

President Zuma will be accompanied by Mineral Resources Minister, Ms Susan Shabangu, Energy Minister, Ms Dipuo Peters and other senior government officials.

The mine will be operated by African Exploration Mining and Finance Corporation (Pty) Ltd (AE) which is a member of the Central Energy Fund (CEF) Group of Companies.

Background

African Exploration Mining and Finance Corporation (AEMFC) has been mandated to support Eskom and Petro SA by ensuring that there is a secure supply of feedstock for sustainable power generation and development of indigenous fuels (Coal to Liquids).

AEMFC’s current portfolio includes coal, lime/limestone and uranium that constitute its strategic mineral resources. However, AEMFC has started to capitalise itself through diversification to other unrelated minerals. AEMFC will make strategic equity investments and enter into joint venture partnerships.

Media are invited to attend and cover the event:

A media shuttle has been arranged to depart from CEF House in Sandton at 07h30 am on Saturday, 26 February 2011, and will return to Johannesburg at 13h30.

For accreditation purposes media representatives are requested to confirm their attendance with Solomon Phetla on the contact details given below.

Media guests who wish to make use of the shuttle to Vlakfontein are also requested to make arrangements with Ms Dibuseng Kaibe. Secure parking for media vehicles is available at CEF House at no cost.

Event enquiries:

Ms Dibuseng Kaibe
Corporate Communication: CEF Group
Cell: 083 554 0907
E-mail: DibusengK@cefgroup.co.za

Zingaphi Jakuja
Department of Mineral Resources Communications
E-mail: zingaphij@mobileemail.vodafonesa.co.za

Media RSVP: Solomon.Phetla@dmr.gov.za

NB. Please note rsvp is essential.

Technical enquiries:
Mr Sizwe Madondo
CEO: African Exploration Mining and Finance Corporation
Tel: 010 201 4700
E-mail: sizwem@aemfc.co.za

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