The Yzermyn underground coal project will employ more than 500 people at full production (2.25 million tonnes per annum).
About 2,000 self-employment opportunities are expected to be created indirectly for families, service providers and local communities. A robust small, medium and micro enterprise development plan will be implemented in line with Board based Socio-economic Empowerment Charter of South African mining and Minerals Industry (Mining Charter).
Atha-Africa Ventures is also committed to promoting and ensuring equity in the workplace in compliance with Mining charter. The company’s procurement policy favours local black economic empowerment (BEE) businesses.
- It is anticipated that there may be approximately 576 employees at full ramp-up.
|Year 1||Year 2||Year 3||Year 4||Year 5||Year 6||Year 7||Year 8||Year 9||Year 10|
In addition to creating jobs in mining directly, the project will also create jobs in communities indirectly. Many businesses will provide services for the project such as transportation, meals, accommodation, and construction. The job creation, either direct or indirect, also means that locals have more money to spend on local goods and services, further extending job creation opportunities.
International Council of Mining & Metals (ICMM) & World Bank study estimates that for every job created by the mine, more than 10 indirect jobs are created for people providing services and goods to the mine.
- As per Chamber of Mines, RSA : More than half of NDP can be tackled by mining (June 2016)
Human Resource Development Program (Budget)
|Category||Year 1||Year 2||Year 3||Year 4||Year 5||Total|
|ABET||R||R 96,000||R 90,000||R 90,000||R 97,500||R 373,500|
|Core skill training||R 128,000||R 128,000||R 144,000||R 144,000||R 156,000||R 700,000|
|External Learnerships||R 48,000||R 72,000||R 72,000||R 72,000||R 78,000||R 342,000|
|Internal Learnerships||R 48,000||R 72,000||R 72,000||R 72,000||R 78,000||R 342,000|
|Portable Skills||R||R||R||R||R 32,500||R 32,500|
|Bursaries||R 16,000||R 24,000||R 24,000||R 24,000||R 26,000||R 114,000|
|Internships||R 16,000||R 24,000||R 24,000||R 24,000||R 26,000||R 114,000|
|Grand Total||R 256,000||R 416,000||R 426,000||R 426,000||R 494,000||R 2018,000|
- Additionally, AAV will spend 5million ZAR on Local Economic Development programs