Mineral wealth is growing in South Africa’s Arnhem land and is fuelling a boom in mineral exploration and mining.
Arnhem Land, which is located on the southern tip of South Africa, is home to a large number of gold deposits and is also rich in rare earths.
Arnsberg Gold has been mining for gold since the 1960s, but its exploration operations have been slow due to environmental concerns and a lack of interest in mining.
A group of young men from Arnhem who recently became members of the mining company started working on a plan to bring their dream of mining gold to fruition.
Arndemann Gold chief executive Peter Lohman said he hopes the project will generate up to 2,000 jobs for local workers.
The company plans to build a mine in Arnhem, where it will mine for gold, lead, zinc and silver.
He said there is a shortage of these minerals and they have the potential to bring about economic prosperity for South Africa.
“I’m looking forward to making a lot of money, but also bringing a lot to the country,” he said.
“There are still a lot we don’t know about this world and I want to create opportunities to do that.”
Lohman believes the gold mine will provide jobs in Arnheim as well as providing a better quality of life for locals.
“It’s going to be an economic development, a tourism boost, a job boost,” he told news.com.au.
The Arnhem Gold project has a potential of bringing more than 2,500 jobs to the region.