• Short-term aim to acquire small pockets of coal reserves as well as aggregate other small mining operations in the Coal-rich Mpumalanga region of South Africa.
• To procure and secure additional coal reserves in the near surrounding coal fields of Witbank, Hendrina, and Bethal areas.
• Strong emphasis on further diversification into business that demonstrate strong resilience to market volatility, cost pressures and technological advancement.
• Securing of further Funders and Investors from our domestic and off-shore partners through BG Mines high level mandates and network.
• Securing of Off-take agreements with offshore coal buyer.
• Secure Transnet Rail Entitlement to enhance our export capabilities.
• Job creation and community upliftment initiatives, and
• Focused on increasing and growing margin, our performance and operational efficiencies.
Banzi Giyose is a South African businessman and mining entrepreneur with comprehensive competencies which include mining-specific acquisitions, capital raising, and the development of resource studies/ mineral exploration across different commodities.
Giyose is a co- founder and V.P of BG Global (Pty) Limited, a director of several unlisted firms and has played a significant role in the origination, establishment and asset development in several junior mining firms in South Africa, namely, Lephalale Coal Mines (Coal & Power), Dedicoal (Coal), Oakleaf Resources (Coal, Gold & Chrome), and Umndeni Coal Beneficiation (Diversified minerals). Mr. Giyose is Executive Chairman of Emerg Industries, a tech-based asset development firm, primary focused in big data, artificial intelligence and machine learning technologies for ICT, Financial services, Mining, Security surveillance and Government sector.
He’s Executive Chairman of Bloofold (Pty) Limited, a licensed firm under the National Credit Regulator that is fully focused into the development of payments technologies and Open Payments that allows the TRALAC trade-free areas a borderless system which will allow anyone traveling or sending money. Bloo also has a neo-banking system that allows access a full range of financial services and payments technologies from any mobile device at very low cost such as micro loans via the Bloo Nano-loans for small to medium everyday necessities.
He is a member and in the panel of Ergo's Global Network of Experts, situated in New York City, USA. He’s also been involved in contract mining in the South African mining sector in coal, iron ore and chrome mining and managed resource development programs for a range of commodities in coal, platinum group metals, and base metals.
Giyose has also been involved in capital raising across sectors, namely in energy, property, mining, technology and financial services. Previously, he served on the board and investment committee of Masimong Group Holdings, a diversified investment firm with equity interests in JSE listed and unlisted firms in various sectors of the European, UK and South African economy in Financial services, Mining, Agriculture, and Industrial sector .
He served as Managing Director of Masimong Minerals between 2013 to 2016, a company in mining and beneficiation of various minerals. Between 2015 and 2017, he also served as a director, responsible for capital raising at Liviero Group, a 34 year old diversified industrial group with operational subsidiary businesses in contract mining, civil, building, energy and petrochemicals, drill & blast and plant hire services.
Giyose was also Chief Executive at Good Earth Power SA, a Middle East-Orman based conglomerate, responsible for establishing power generation solutions in renewable energy within the South African energy sector, worked at Ipreo as a junior analysts, a Canadian based capital markets firm covering U.S. Financials in 2008, and thereafter joined Sanlam Investment Management as an equity research analyst covering retail stocks.
Giyose holds a Master of Technologiae degree in Marketing & Economics (M. Tech) from Tshwane University of Technology (“TUT") and further enrolled to pursue a PhD focusing on structural impediments hampering growth within the coal sector, “a case on the Waterberg, Lephalale coalfield “, through the University of South Africa until he de-registered end of 2016 to pursue his business interests.