The mining division specialises in surface contract mining.
Our approach is to ensure lasting benefits while minimising our impact on the natural environment.
Our primary focus is ensuring a safe and healthy workplace. Training is an integral part of this focus.
Basil Read is actively involved with South African transformation and broad-based black economic empowerment.
Our expanding footprint has presented challenges in managing our human resources
We strive to protect and sustain the environment, and to manage our impacts effectively, when these are unavoidable.
Basil Read strives to engage with meaningful initiatives that contribute to the transformation of people and communities.
Our reports scope, assurance process and standards used
Key current projects include Savanna City (over 18 000 planned housing opportunities) and Malibongwe Ridge, as an extension to Cosmo City (about 5 500 planned housing opportunities).
Cosmo City in Gauteng is a flagship project and demonstrates the unparalleled success of a mixed-use, fully integrated and sustainable housing development. Since breaking ground in 2000, Cosmo City has steadily grown and is currently home to over 12 000 families who now enjoy the numerous parks, schools, cultural and transport facilities, and commercial and retail offerings that have been taken up by the private market.
The development was initiated by Government to address poverty and housing access challenges, generate a sustainable rates base and stimulate economic growth. Through the unlocking of key infrastructure by government, the Public - Private Investment mix has been able to contribute to the success of the development as a mixed income residential development that is subsidised by the open market components within a single integrated setting.
This development has created a healthy and vibrant live, work and play environment for all its residents and has created almost 50 000 employment opportunities and had a socio-economic impact value of close to R16 billion during construction and R20 billion post construction.
Cosmo City has ensured the spatial transformation of the city through the development of a large quantity of housing units within a quality neighbourhood and ensured integration and affordability of the community.
This hallmark development represents a milestone in the history of the Basil Read group and indeed a South African government integrated housing success story as it has received in excess of eight development awards and recognition over the duration of the project.