IDC Mining and Metals Funding
IDC Mining and Metals Funding is a loan from Industrial Development Corporation offering from R 16 000 000 for growth, established businesses across South Africa. Applications are accepted on a rolling basis.
Overview
The IDC Mining and Metals unit funds new and expanding mining, beneficiation and metals production projects, including acquisition funding for Black Industrialists. It provides long-term debt, short-term working capital, guarantees and equity-type instruments on commercial risk-adjusted terms, with debt funding from a minimum of R16 million - smaller applications are routed to the IDC Small Business Finance unit. Shareholders must contribute financially, and mining deals require a full feasibility study.
Programme details last verified on 12 June 2026.
Full Description
Funding for mining services, mineral beneficiation, and downstream processing. Supports job creation in mining value chains.
Eligibility Criteria
Frequently Asked Questions
How much funding does IDC Mining and Metals Funding offer?
IDC Mining and Metals Funding offers from R 16 000 000 per applicant.
Who qualifies for IDC Mining and Metals Funding?
IDC Mining and Metals Funding targets growth, established businesses across South Africa.
When is the deadline for IDC Mining and Metals Funding?
Applications are accepted on a rolling basis.
How do I apply for IDC Mining and Metals Funding?
Check your eligibility with the free readiness check on Okhantu, prepare the required documents, then apply on the provider's website.
Prepare Your Application
Increase your chances of success with these preparation resources.
Provider Guide
Learn about Industrial Development Corporation's application process
Document Checklist
Requirements and deadlines
Download Templates
Business plan, cash flow, projections
Legal Framework
Relevant legislation and compliance
Compliance Check
Verify your CIPC, SARS, B-BBEE status
Get Expert Help
Find a funding specialist