Southern Africa Pursuing Domestic Beneficiation Measures

04/05/2015 11:31

The dream of southern African countries finally beneficiating their own minerals, and having their diamonds cut locally as opposed to in foreign countries such as Belgium, Israel and India, is coming ever closer to reality. The SADC Summit of Heads of State and Government in Harare approved the Regional Strategy and Roadmap for Industrialisation, whereby regional governments have agreed to find concrete ways to diversify trade, beneficiate their own minerals and create regional value chains.

Minister for Trade and Industry Rob Davies: “While South Africa does cut and polish diamonds, a major breakthrough would be the capacity for small diamond cutting, instead of sending diamonds to India, and other countries.” President Jacob Zuma said at the summit: “Mineral beneficiation will lead to job creation and enhanced economic development. Infrastructure development will also contribute towards regional integration.”