Online edition of India's National Newspaper
Friday, Oct 19, 2007
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Online edition of India's National Newspaper Friday, Oct 19, 2007 ePaper |
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Subbarami Reddy, Minister of State for Mines, with a South African mining official. NEW DELHI: South Africa produces 14 per cent of the world’s gold besides diamonds, and chromate among other minerals. Union Minister of State for Mines Subbarami Reddy expressed India’s eagerness to avail itself of the services of Mine Qualification Authority of South Africa to acquire the latest mining technology. During a bilateral meeting with his South African counterpart, Sandile Nogxima, it was also mutually agreed to have South African training facilities in mining for technicians in India as well as by sending technicians, engineers and geoscientists (GSI) to South Africa. Mr. Reddy, who accompanied Prime Minister Manmohan Singh on his visit, also had detailed discussions with the head of Mining and Steel Ministry about mining in South African forest areas without affecting ecological balance and also rehabilitation procedures, so that India’s mineral wealth (around 30 per cent) under forest cover can be explored and unearthed. Mr. Reddy invited the head of the Mining and Steel Ministry to enthuse South African mining giants to invest in the Indian mining sector, according to a press release from the Ministry of Mines. Mr. Reddy also had detailed discussions earlier with his Nigerian counterpart. The head of Mining and Steel Ministry said the South African Chamber of Mines was interested in investing in India. Mr. Reddy asked the High Commission to organise a presentation on the mining opportunities available in India in consultation with the Ministry of Mines. The Minister conveyed to his counterpart that the National Aluminium Company (NALCO) was interested in establishing an aluminium plant of 0.5 million tonne per annum capacity in South Africa. South Africa agreed to extend all possible assistance for using local raw material. Mr. Nogxima complimented India as the leader in diamond cutting and polishing technology as well as jewellery industry and desired that his government would welcome establishment of these industries in South Africa, which would add value to the South African products too. Mr. Nogxima agreed to share the names of reliable South African firms in the mining sector so that Indian companies in the field could collaborate. South Africa was ready to step up cooperation with India by establishing a joint technical working group consisting of experts to develop a plan of action and identify projects and report to both the Governments, once or twice a year, so that the progress can be monitored, the release said.
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