×

We've got news for you.

Register on SowetanLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now
Business

Invitation to apply for artisanal and small-scale mining funding

The department of mineral resources & energy is accepting applications for financial provision from the Small-Scale Mining Fund until February 29 2024

All applicants for the Small-Scale Mining Fund must be in possession of a valid mining permit.
All applicants for the Small-Scale Mining Fund must be in possession of a valid mining permit.
Image: 123RF/pkproect

The department of mineral resources & energy (DMRE) invites applications for the Small-Scale Mining Fund in terms of section 12(1) of the Mineral and Petroleum Resources Development Act (MPRDA), Act 28 of 2002.

The Small-Scale Mining Fund is a repayable business loan designed to assist small-scale miners with financial provision for rehabilitation and capital equipment.

Each application for funding is assessed in terms of the following criteria:

  • All applicants must be in possession of a valid mining permit.

  • A full costing must be done in line with the Technical & Financial Competency Table found on the DMRE SAMRAD portal for applications. (Provide documentary proof on completion of this table.)
  • Applicants must demonstrate the capability to advance transformation in the mining and minerals sector as per the MPRDA (ownership and procurement).

  • Applications in respect of financial provision for rehabilitation in terms of the National Environmental Management Act must submit a letter of request for financial provision signed by the regional manager.

  • The geographic location of the business is important with the focus on rural or economically depressed areas encouraged.

  • Projects should be sustainable and have the potential to create jobs and must advance the social and economic welfare of South Africans.

  • All applicants must submit a detailed business plan of the project and company profile.

  • All applications requiring funding must include the letters of intent (LOI) in respect of sales of commodities.

FUNDING IS LIMITED and it is a repayable loan with no interest. Details and conditions of the funding will be in the contracts of successful beneficiaries.

Applications forms can be obtained from the DMRE website. Once completed, applications must be hand delivered to one of the regional offices listed below.

The CLOSING DATE for applications is February 29 2024.

All enquiries must be directed to DMRE regional offices via the following contacts: 

Regional officeAddressContact person
LimpopoBroll Building, 101 Dorp Street, Polokwane

Rendani Mubva:
Call 015-287-4750 or email
Rendani.Mubva@dmre.gov.za

Gauteng222 Smit Street,
8th Floor, Braamfontein

Mica Davhana:
Call 012-444-3132 or email
Mica.Davhana@dmre.gov.za

Northern Cape

Kimberley: Telkom Building, 41 Schmidtsdrift Street

Springbok: Hopley Centre, cnr Van der Stel and Van Riebeeck streets

Mashudu Mudzunga:
Call 053-807-1712 or email
Mashudu.Mudzunga@dmre.gov.za
North WestVaal University of Technology Building, cnr Voortrekker and Margaretha Prinsloo streets, KlerksdorpNoluthando Motlhamme:
Call 018-487-4382 or email
Noluthando.Motlhamme@dmre.gov.za
Eastern Cape

Pier 14 Building, 3rd Floor, 444 Govan Mbeki Avenue, North End, Gqeberha (Port Elizabeth)

Nokuyolo Lurwengu:
Call 041-403-6627 or email
Nokuyolo.Lurwengu@dmre.gov.za
Western CapeAtterbury House, 9th Floor, cnr Lower Burg and Van Riebeeck streets, Cape TownMashudu Nelwamondo:
Call 021-427-1000 or email
Mashudu.Nelwamondo@dmre.gov.za
KwaZulu-NatalDurban Bay House, 3rd Floor, 333 Anton Lembede Street, Durban

Gugulethu Nene:
Call 031-335-9678 or email
Gugulethu.Nene@dmre.gov.za

Mpumalanga

SA Revenue Service Building, cnr Paul Kruger and Botha streets, Emalahleni

Mica Davhana:
Call 013-653-0500 or email

Mica.Davhana@dmre.gov.za
Free StateThe Strip Building, 314 Stateway and Bok streets, Welkom

Mashudu Mudzunga:
Call 057-391-1300 or email Mashudu.Mudzunga@dmre.gov.za


This article was sponsored by the department of mineral resources & energy.