Diversified mining group Xstrata signed a R42-million contract with Lonrho's agri business to develop and operate a commercial farming and agriprocessing development at its Thorncliff alloys mine in South Africa's Limpopo province.
The first phase of the project valued at R14,4-million, would start immediately and included the establishment of a core anchor farm, Global GAP packhouse and the training, mentoring and management of 300 rural community outgrowers. This phase is scheduled to be completed before December 2011.
The project forms part of Xstrata's community enterprise development programme that was established to provide sustainable economic growth and diversification in the mining communities where the company operates.
http://www.engineeringnews.co.za/article/lonrho-awarded-r42m-farming-contract-at-xstrata-mine-2010-11-01
http://www.directinvestment.biz
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