Minopex: Creating a lasting legacy
Minopex is dedicated to creating a lasting legacy through meaningful change in our host communities. In 2024, we exceeded our goals, demonstrating that business success and social impact go hand in hand.
Key Contributions:
- Spend towards preferential procurement, exceeding our target by 30%.
- 171% growth in support for Black Women-Owned (BWO) businesses.
- 667% improvement on voluntary spend contributing to bonus points received.
- Strong performance in supporting Small Enterprises, exceeding our target by 43% (QSE) and 36% (EME).
Our Focus Areas:
- Preferential Procurement Highlights
· Spent with B-BBEE-compliant suppliers – achieving maximum points.
· Increased spent with Black-Owned businesses, exceeding targets.
· Increased spent on QSEs & EMEs, reinforcing support for emerging businesses.
Key Success Factors
· Stronger collaboration with host communities & CLOs – reducing disruptions.
· Site visits & stakeholder engagement to align procurement with community needs.
· Procurement process adapted to boost local supplier contracts & sustainability.
· Increased supplier access via tenders, Vendor Portal & wider opportunity dissemination.
· Key partnerships with Level 1 BBBEE OEM suppliers.
· Enterprise & Supplier Development
o Investment in small & black-owned enterprises for sustainable business growth.
o Major supplier partnerships with emerging black-owned businesses.
o Training & mentorship programs to enhance supplier capacity & competitiveness
- Socio Economic Impact:
Investment in black-owned businesses and small enterprises to foster long-term growth.
- Skills Development:
- Focus on Skills development, Bursaries learnerships, apprenticeships & internships and disabled learners.
- Upskilling of employees and support for women in mining through specialized training.
- Corporate Social Responsibility (CSR):
Investing in Communities for a Brighter Future:
- Focused on education, infrastructure, and local employment, ensuring lasting benefits for our host communities.
- Our dedication to responsible corporate citizenship goes beyond providing resources—we actively contribute to the well-being of the communities in which we operate.
- By investing in critical infrastructure, we are not just addressing immediate needs—we are laying the foundation for lasting progress.
- By fostering strategic partnerships and working closely with communities, we ensure that our efforts drive sustainable development and long-term impact.
- Our Corporate Social Responsibility (CSR) initiatives align with Minopex’s core values—community engagement, environmental responsibility, and local economic empowerment. Beyond infrastructure, our goal is to create a ripple effect of social progress, uplifting lives and shaping a better tomorrow.
Looking Ahead to 2025:
We remain dedicated to expanding our efforts in supplier development, sustainable mining practices, and employee growth, while deepening our community engagement.