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Get In Touch: hello@mainstreetit.co.za with due diligence processes. South Africa is known for its gold, but 80% of the world’s platinum group element resources are in South Africa. These are the metals that are in demand.”
According to the World Platinum Investment Council, the platinum deficit this year will be more than 980,000 ounces.
To ensure the highest quality products come through the refinery, and world-class jewellery ends up in stores, the local value chain is meticulously screened in a way that benefits both supplier, Precious Metals Tswane, and consumer. The company takes its role as a good corporate citizen seriously and has implemented strict corporate governance processes to ensure transparency and accountability, and it encourages the entire value chain to follow this example.
“We have strict KYC processes and we take our relationships very seriously,” says Wiese. “We were members of the Responsible Jewellery Council – a UK-based authority that ensures standards are met globally. We go to the mine to make sure all labour practice is up to date. We have to ensure our supply chain is fully compliant, and in that sense, we create situations to help our suppliers.
“We see our suppliers as our clients,” he adds. “We go out of our way to help them to grow their businesses. The better they do, the better we do. If we can help a mine to increase their production through technical advice, we do so. Our supply chain truly is our success. Any benefit for them, is a benefit for us.”
If the company can continue on the same strong path that has helped it
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MICROSOFT through the past five years, while adding new products and services to the mix, then it will quickly begin to take solid steps towards its vision: ‘To continuously provide quality service and product delivery to our clients and in doing so, expand our business operations’.
Asked about key highlights within the business today, Wiese is clear: “We have been in business for five years, we are expanding into PGMs, and we have an exciting focus on gemstones.”
With each of these areas growing, built on a sound strategy, the future for South Africa’s valuable minerals and Precious Metals Tswane looks sparkly and bright.