Like many South African based mining equipment companies, Pilot Crushtec has exported equipment into the rest of Africa for some time. However, CEO Sandro Scherf says this was on the basis of walk-in business at Pilot Crushtec. “If we were approached we were happy to do it, but we did not actively go out and pursue such business.”
This has changed, and Pilot Crushtec is now purposefully pursuing business in the rest of Africa. In the first few months of 2008 alone it sold equipment worth R20 million into Angola, and another R8 million worth into Zambia, where it has supplied Sable Zinc, Vuka mining and Chibulumba. Over the same period it sold R20 million of equipment to companies in the DRC, such as Boss Mining and Tenke. In Tanzania it has supplied over R5 million worth of equipment to companies such as Noremco.
CIC Energy Corporation, a Tau Capital Group company listed on the Toronto and Botswana stock exchanges, is advancing its Mmamabula Energy Complex (MEC) in Botswana. This is a three billion tonne coal resource which could involve development costs of close to R120 billion.
In an interview with Mining Review Africa, CIC Energy (South Africa) COO – mining, Eddie Scholtz explains that the MEC consists of the Mmamabula energy project (MEP), the coal-tohydrocarbons project (CTH) and the export coal project (ECP).