About IDC
Our focus
The Mining SBU is headed by Abel Malinga and provides financing in the following focus areas:
- Financial and technical assistance for the development of mining, beneficiation and metals projects in South Africa and the rest of the continent
- Financial assistance for junior and emerging mining houses and mining-related activities such as contract mining
- Facilitating the acquisition of mining assets by historically disadvantaged persons (HDPs)
- Developing the South African jewellery manufacturing industry and optimising value-addition beneficiation opportunities
Who should apply for finance
While each proposal is considered on its particular merit, preference is given to:
- Projects that demonstrate economic merit, and show profitability and sustainability within a reasonable time frame
- Greenfield projects, expansions and rehabilitations, and relatively sizeable projects
How to apply for finance
Click here for more information on the application process and funding criteria.
Who to contact
For more information on the Mining SBU, please click here to contact us, or call us on 086 069 3888 or + 27 11 269 3252. Alternatively, email our call centre at callcentre@idc.co.za
