[miningmx.com] – THE Chamber of Mines of South Africa (CoM) was interested in cooperating with state-owned transport and logistics utility, Transnet, which earlier this week called for private sector participation in a R100bn funding plan.
Siyabonga Gama, CEO of Transnet Freight Rail, a division of Transnet, said the company wanted to work with the private sector in helping it expand outside of its own R310bn Market Demand strategy which aims to grow South Africa’s rail and port infrastructure.
Zingaphi Matanzima, spokesperson for the CoM, told BDLive that “… a working group established to look into how the private sector could participate in the investment programme, had examined possible projects using the example of the coal logistics system from Botswana through the Waterberg coal field to Richards Bay”.
Participation of this ilk would lift the growth potential in the South African mining sector, said BDLive citing Matanzima.
The chamber was particularly keen to investigate possible transactions for the manganese and iron ore sectors, said BDLive.
http://www.bdlive.co.za/business/transport/2014/08/08/rail-investment-call-well-received to read the full article
