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Phalaborwa is home to Palabora Mining.The massive open pit mine, nearly 2,000 meters across, is Africa's widest manmade hole. Founded in 1951, Foskor's Mining Division in Phalaborwa mines phosphate rock (foskorite and pyroxenite), from which Foskor's Acid Division in Richards Bay produces phosphoric acid and phosphate-based granular fertilisers for local and international markets.
Most of the people in Namakgale are employed in mining, namely Palabora Mining Company, Sasol Agri and FOSKOR. The majority of the residence of Namakgale speak Northern Sotho language , with the Sepulana, KhePhalaborwa and KheLobedu dialects being the most predominantly spoken forms, is the first language of about 70% of the people.
Palabora Mining Company Limited (founded August 1956) is a publicly traded mining company headquartered in Phalaborwa, Limpopo province, South Africa. The company operates a single cluster of open-pit and underground mines producing mainly copper as well as byproducts such as precious metals from anode slimes, nickel sulfate, sulfuric acid, magnetite, and vermiculite.
The Palabora Open Pit – mechanically excavated by Palabora Mining Company, in Phalaborwa, Limpopo Province. The pit is 898m deep and 1846m across on top. The pit is 898m deep and 1846m across on top.
The National Union of Mineworkers (NUM) is a mainly mining industry related trade union, an organisation of workers with common goals through organised labour, in South Africa. With a membership of 300,000 as of 2014 [update] , it is the largest affiliate of the Congress of South African Trade Unions (COSATU).
Blue Horizon Investments (24%) and RBM permanent employees (2%) also have an interest in the mine. Prior to 2012, BHP Billiton owned 37% but that interest was later purchased by Rio Tinto in February 2012. [3] In April 2019, Rio Tinto announced an investment into the Zulti South project, which is located south of Richards Bay. [4]
Open-pit mining, also known as open-cast or open-cut mining and in larger contexts mega-mining, [1] is a surface mining technique that extracts rock or minerals from the earth. Open-pit mines are used when deposits of commercially useful ore or rocks are found near the surface where the overburden is relatively thin. In contrast, deeper mineral ...
First Quantum Minerals is a Canadian-based mining and metals company [3] whose principal activities include mineral exploration, development and mining. Its main product is copper, which accounts for 80% of revenues as of 2016.