Glencore Ferroalloys supports local SMME with underground diamond drilling machines worth almost R1 million

posted: 15/02/2022

Johannesburg, South Africa
Febuary 2022

Glencore Ferroalloys’ Eastern Chrome Mines (ECM) remains steadfast in its commitment to develop and support local SMMEs in order to contribute to local economies.  

The mining company recently handed over two underground diamond drilling machines, an additional engine, as well as 400 drill rods worth almost R1 million to local black-owned SMME, Bonico Maintenance Projects. 

The handover was held at Glencore’s Supplier Park in Steelpoort Limpopo, and was attended by Glencore Ferroalloys representatives including Eastern Chrome Mine’s General Manager Lloyd Murenzvi, Chief Geologist Lindiwe Nkambule and Acting Mineral Resource Manager Obed Tsetsewa.  

Glencore’s relationship with Bonico Maintenance Projects has been ongoing for a number of years as the company was sub-contracted to the mines main contractor. Through growth and determination, ECM soon gave the company an opportunity to branch out and offer underground exploration drilling services. Since then, the company has grown in leaps and bounds leading to Glencore giving them the extra support to ensure even greater success.   

Glencore Ferroalloys Chief Community and Social Responsibility Officer, Conroy van der Westhuizen congratulated Bonico Maintenance Projects on their new equipment and added that it was a direct result of their consistent hard work.  

“Glencore is a company born out of passion, determination and great integrity. One of our core values,is to identify entrepreneurialism, it is however equally important when a recipient not only identifies it in themselves but embraces it as well. We have been monitoring Bonico Maintenance Projects for some time now and their tenacity has been one of the qualities that has made them stand out as well as their ability to inspire other young people in this community. Well done, stay determined and focused on the bigger goal,” he said.   

The support given by Glencore is in line with their commitment to empower SMMEs within their operations so as to create more job opportunities especially for unemployed youth. This support enables Bonico Maintenance Projects to provide employment to 12 members of the community thus continuing the positive ripple effect of progress together.   

“Our aim is to ensure that we support recipients and uplift communities to the best of our abilities. The main purpose for the Supplier Development Initiative is to equip SMMEs with the necessary tools they need to thrive. We are so glad to be here today to hand over this equipment to this well-deserving business. We have witnessed their dedication and have been inspired by their commitment to continual growth.” Enterprise and Supplier Development Superintendent for Glencore Ferroalloys, Charlin Ntuli said.   

Bonico Maintenance Projects was also awarded a drilling contract from Glencore to ensure that the company continues to thrive. The business is also part of a group of SMMEs who have access to the business development training at the Glencore Business Incubation Hub.   

“It has been an honour from the beginning to observe Bonico Maintenance Projects proactively raise their hand to showcase that they are capable of producing excellent and safe quality work. Congratulations to the team and I believe that this is only the beginning - you have raised the flag high not only to make yourselves proud but the community at large.” Eastern Chrome Mines’ General Manager, Lloyd Murenzvi said.   

Nico Tshehla, founder and director of Bonico Maintenance Projects thanked Glencore for the support adding that the equipment would make a lasting difference in the company’s growth.   

“Thank you so much Glencore, especially the Eastern Chrome Mine team who have provided me with so much support and guidance along the way. The investment you have given to me and my business speaks volumes about the kind of company you are and your commitment to helping small businesses to grow. I will make it my mission to also uplift those around me as I am now an example to the community of what can be done through sheer determination.” he said.   

Glencore remains committed to making a positive change to more SMMEs throughout the year by supporting and guiding them to grow their businesses. Glencore prides itself in ensuring that its host communities Progress Together with them by targeting black owned businesses who will in turn uplift fellow community members.  

The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities. In this document, “Glencore”, “Glencore group” and “Group” are used for convenience only where references are made to Glencore plc and its subsidiaries in general. These collective expressions are used for ease of reference only and do not imply any other relationship between the companies.  Likewise, the words “we”, “us” and “our” are also used to refer collectively to members of the Group or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.