Canyon Coal hosted Procurement Roadshows near its Phalanndwa Colliery, in Delmas and Khanye Colliery, in Bronkhorstspruit (South Africa), respectively in December 2020, as part of its ongoing efforts to support and empower local business by procuring goods and services from local companies.

Canyon Coal Procurement Manager Carmia Pretorius says that the aim of the roadshows was to build on the company’s existing local vendor database per operation.

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“Running such events assists our buyers to have a better understanding into what the local businesses have to offer. We also have a pending enterprise development project for Phalanndwa Extension and the receipt of the business profiles for Delmas has now offered us new insights into what local businesses can offer, and where we may need to work with them to develop local capacity,” she explains.

Carmia points out that the aim of the exercise was to add companies that operate within the areas immediately hosting Canyon Coal’s mines, which is why extensive documentation was required to be submitted to verify they were in fact local companies. This documentation included: Company Registration Documents, Tax Clearance Certificate, Business & Service Offerings Outlines and Contact Details.

“Naturally, we received submissions from companies which did not fall within the areas of operation, nevertheless, these were captured on a separate database for future projects. In total 73 business profiles were submitted, 38 eligible applications were received for Khanye Colliery and 13 for Phalanndwa Colliery,” she notes.

Carmia says that the Procurement Department would like to host such events annually. “Sufficient planning of these events will be done and communicated, but in addition to the Procurement Roadshows we have an email address (procurement@canyoncoal.com) where company profiles can be submitted electronically throughout the year.” This email address is monitored and business details are added to different databases.

“We had a successful submission day at Bronkhorstspruit. The Delmas roadshow was unfortunately interrupted and the submission process was closed early. However, we will meet with relevant stakeholders and then determine when another submission day can be held,” Carmia concludes.

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Menar invests in controlling and managing shareholders in private and listed companies and allocates capital to selected projects and companies actively involved in mining and resources. With our wide and proprietary access to international deals, we target investments in mining and resources. The Company focuses on achieving long-term capital growth while preserving shareholders’ capital. Capital is allocated to real assets and absolute return.