Floxifor Gold Mine is based in Schweizer-Reneke North-West in South Africa.The mine was previously owned by New Dawn Mining, a Canadian Stock Exchange listed company. The company is 100% black owned, and was established by industrialist and entrepreneur, Joel Mafenya. The company’s vision is to participate in the development and transformation of the South African mining sector.
Floxifor has a highly experienced leadership team, comprising of individuals from various sectors and disciplines with vast experience in their relevant fields.
The company has been issued with a 25-year Mineral Right (mining license gold and diamond).
For the past years, Floxifor has invested substantial amounts of money in repairing mine infrastructure, exploration activities, and preparing for operations. The mine is now ready to start operations in one shaft and also finalize the Competent Persons Report (CPR) which is 90% complete for another shaft which would enable the company to invest further in the development of the mine in order to contribute in creating additional jobs needed in the community.
The mine is surrounded by impoverished and needy communities that survives mainly on social security or grants with more 90% unemployment that affects mainly youth.
Much is expected from the company rightfully so to come to the aid of the community. The mine will also be able to provide clean drinking water to households as access to clean running water is a challenge to the community at the moment.
With the advent of COVID-19 the community is already feeling the economic negative impact of the pandemic. The community is looking at the mine as a potential major source of employment in the greater area of Mamusa municipality and beyond.
The company therefore is expected to create urgent jobs as part of post COVID-19 by absorbing the mass of unemployed youth and those that lost their jobs with no other source of income or prospective of securing employment.elsewhere and also support local small, medium enterprise (SME's)..
The mine is ready to start with recruitment and start with production processes as soon as it secures sufficient investment as part of post COVID-19 economic recovery plan.
Your support would bring much needed private resources to uplift humanity, bring hope and restore dignity to the unemployed locals who some have already given up in ever finding employment.