The key socio-economic benefits for the region, flowing from the development of the Yzermyn project’s social and labour plan, include:
- stimulation of the local economy
- local infrastructure development
- employment opportunities in the form of direct job creation for more than 550 people (production estimate: 2.25Mtpa)
- community development programmes, developed in consultation with local communities and featuring education, health, housing, sports and culture
- upgrading of skills and literacy levels: programmes in collaboration with tertiary education institutions
- agricultural benefits
- lifestyle changes due to greater disposable income
The total workforce (permanent and contract workers) is expected to be approximately 567 people at full ramp-up. For every person directly employed, another 10 people are expected to benefit indirectly as families, service providers and members of local communities.
Atha-Africa Ventures is committed to promoting and ensuring equity in the workplace, in compliance with the Broad-based Socio-economic Empowerment Charter for the South African Mining and Minerals Industry (Mining Charter).