1 / 27

by Dr Paul Jourdan

16 November 2005. Annual Report 2005 Presentation to the Portfolio Committee. by Dr Paul Jourdan. Introduction. 70 th anniversary in 2004 Total revenue R254.9 million (2004: R204.4 million) Permanent staff of 490, of which 281 are professionals

brittanyfriedman
Download Presentation

by Dr Paul Jourdan

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 16 November 2005 Annual Report 2005Presentation to the Portfolio Committee by Dr Paul Jourdan

  2. Introduction 70th anniversary in 2004 Total revenue R254.9 million (2004: R204.4 million) Permanent staff of 490, of which 281 are professionals Independent Institutional Review - confirmed Mintek is held in very high regard both nationally and internationally

  3. Vision and Mission Our Vision To be a global leader in mineral and metallurgical R&D Our Mission To serve South Africa by promoting technology, industrial growth and human development • Our Compact • to add value to South Africa's mineral resources • to expand the country's mineral technology industries • to develop the minerals industries in SADC and throughout Africa • to support the growth of SMMEs in the minerals sector • to transform Mintek's business practices and staff profile

  4. R&D highlights - gold Project AuTEK - gold-based catalysts reach product development stage, biomedical programme broadened. Considerable support from NRF (THRIP) and DST Cyanide monitoring on gold plants in Africa. THRIP project on environmental aspects of cyanide usage

  5. R&D highlights - PGMs Two industry-supported collaborative R&D projects THRIP project to investigate PGM smelting Innovation Fund projects - platinum superalloy coatings and jewellery applications Testwork to support feasibility studies for several new mining projects. Recovery of PGMs from revert tailings

  6. R&D highlights - ferrous metals Smelting testwork for Shevchenko ferronickel project (Kazakhstan) Industrial-scale trials of low-nickel stainless steel (Innovation Fund project) Negotiations to introduce ‘smart’ rockbolt in mining industry

  7. R&D highlights - non-ferrous metals Co-ordinator of bioleaching work package for the EU’s BioMinE Project (supported by DST) Heap bioleach technology to be piloted in Iran Two major BioPAD-funded projects Thermal magnesium process development completed R&D support for copper-cobalt projects in Zambia and the DRC

  8. R&D highlights - industrial minerals Renewed interest in uranium - metallurgical investigations for two projects in SA and one in Namibia Evaluation of manganese ore samples from Gabon (CVRD) Sample characterisation on kimberlite ores

  9. Commercial activities Participation in operating companies (Atoll, Mogale Alloys and Tollsort) Business development projects: iron production (HBI, pig iron) Coega ferronickel, electrolytic manganese dioxide and autocatalyst recycling (new Innovation Fund project) Process optimisation strategies in RSA and West Africa, Latin America and Australia. Carbon regeneration equipment in Latin America

  10. Partnerships and technology alliances Links with professional bodies, other science councils, government departments and SET community (EU FP6, WSSD) Role in various bilateral agreements (eg. Belarus, Chile, India) Collaborative research with local and international universities

  11. Mineral policy and sustainable development MESU - mapping out the options for strategic development of SADC’s and continental mineral resources (AMP) Policy support for the DME around beneficiation initiatives and small-scale mining Spatial Development Initiatives (with RBDIP and Nepad) Mineral sector strategy for Northern Cape Province RBTS - completed overview of capital goods, technologies, products and services supporting the mineral-based industries

  12. Support for small-scale mining SSM Division provides R&D, skills and access to finance Management of Technical Reference Group 23 on behalf of the MQA More than 700 small-scale miners trained - programmes supported by the MQA and Department of Labour Community-based training in glass-beadmaking, ceramics and alluvial diamond mining

  13. 90 Technicians 80 70 Professionals 60 Total DG 50 % DG Management 40 30 20 10 0 2001 2002 2003 2004 2005 2006 (projection) Employment equity / Quality

  14. Human resources development • Science, Engineering and Technology promotion • MinQuiz • Mintek Engineering Awareness Programme • Internship training

  15. Bursary programme

  16. R ’000 Income 254 897 Core funding 88 632 Earmarked funding 9 621 Own Income 156 644 Expenditure 249 101 Staff Costs 140 879 Overheads and Operating Expenditure 108 222 Surplus 5 796 Financial Summary 2004/2005

  17. Financial trends Total income and income per employee 1993 - 2005 (2005 Rand adjusted using PPI, SARB) 300 600 250 500 200 400 Income per employee R ‘000 Income, R Million 150 300 Total Income (1.5X) 100 200 Income/Employee (2.4X) 50 100 0 0 2001 1993 1995 1997 1999 2003 2005

  18. Quality, Environment & Safety • Integrated Mintek’s quality, environmental and safety systems • ISO9001:2000 (quality) 2002 - 2005 • ISO14001:1996 (environment) 2003 - 2005 • OHSAS 18001 (safety) 2004 - 2005 • Lost-time Injury Frequency Rate of 0.95

  19. SAP System • Problems • Hardware failure of primary server • Human error in doing primary backups • Hardware failure in recovering secondary backup • Problematic and time consuming recovery procedure • Staffing shortage in regard to SAP expertise • Way forward • Better backup process and checking in place • More appropriate form of SAP - implementation April 2006 • SAP to be hosted offsite - more secure & less complex

  20. Sign-off of Financials • Reasons for delay • SAP crash delayed financials presentation by about three months. • Audit changed - substantive instead of control-based. Significantly more samples tested than previously, which resulted in an extension of the audit. • Mintek had to review many of its accounting policies, particularly relating to depreciation, post-retirement medical aid liability and accounting for prior year adjustments. • Resource constraints - at the AG and at Mintek. • Correction and adjustments of prior year errors - audit processes significantly reviewed.

  21. Plans for 2005-2006 Optimise balance between commercial and R&D activities Re-emphasise research as a core competency Maintain an appropriate contribution to wealth creation, poverty alleviation and human capacity building Retain the Mintek brand with respect to research and products

  22. Progressively extend core competencies to include • the refining stages of the mineral/metal value chain • environmental protection and sustainability Begin a comprehensive evaluation of the Southern African mining scene that will provide a basis for setting national long-term research priorities and feed into Mintek’s own research strategies. Plans for 2005-2006 (continued)

  23. Five-year Institutional Review • Findings • Mintek has an excellent international reputation as a world class organisation in mineral and metallurgical R&D and technology transfer. • Mintek’s mission is to serve South Africa by promoting technology, industrial growth and human development. • Mintek is committed: • To foster the establishment and expansion of industries in the field of minerals and products derived therefrom; • To contribute to wealth creation and poverty alleviation; and, • To develop the requisite human capital to sustain the mining and minerals sector. • Mintek should be congratulated for its successful transformation programme.

  24. 5-year Institutional Review • Conclusions & Recommendations • Manage the dynamics … that shape the balance between commercial, R&D and socio-political activities • Establish enduring and robust relationship with the DME • Retain high-quality DG personnel in the face of competition from industry • Secure additional funds for research and human capital development (earmarked funds, international donors) • Commercial activities - focus on licensing, royalties, sponsorships • Establish expertise in environmental protection and sustainability • Reward performance and offer market-related salaries • DIFR should be set to zero

  25. TECHNICAL DIVISION R Analytical Services 3 453 800 Small Scale Mining 3 700 000 3 199 040 Biotechnology 10 900 000 Advanced Materials 3 205 800 High Temperature Technology 2 430 000 Mineralogy 5 512 000 Hydrometallurgy 5 810 000 MESU 13 100 000 Measurement & Control 11 000 000 Pyrometallurgy 14 092 079 Minerals Processing 3 382 198 Information & Communications 8 640 000 Science, Engineering & Technology Promotion 2 900 000 Business Development 2 130 000 Engineering Support 93 453 917 TOTAL Research Infrastructure 10 146 083 BASELINE 103 600 000 REVISED VAT ADJUSTMENT 15 064 000 GRAND TOTAL 118 664 000 For complete list of projects per division with allocated amounts, please see the handout Summary of Science Vote allocation 2006-2007

  26. Thank You Dr Paul Jourdan CEO, Mintek

More Related