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Sustaining development projects
The Industrial Development Corporation aims to develop a vibrant entrepreneurial junior mining sector in South Africa and the rest of the continent.
Abel Malinga
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IDC to fund new iron ore process
The Industrial Development Corporation (IDC) will invest R100-million in a process to convert superfine iron ore into high quality iron units. The IDC said Iron Mineral Beneficiation Services — the company that has developed the technology called Finesmelt — would receive approximately R100-million from the IDC.
