IDC Junior Mining Exploration Fund 2025 for South Africans (Second Call for Application). The Industrial Development Corporation, in partnership with the Department of Minerals and Petroleum Resources (DMPR) and the Council for Geosciences (CSG), have re-opened applications for the Junior Mining Exploration Fund.
The Fund is established for the following objectives:
- To assist qualifying enterprises in the mining industry to conduct prospecting work
- To increase Black Junior Miners’ access and licence to mine ore bodies
- To promote economic inclusion to support equitable economic growth
The Fund will provide grant funding which is convertible to equity when a viable ore body is discovered. The adjudication committee will determine the rate of conversion from grant to equity but this will be limited to 49%. The Fund will not offer any Grant Funding for the prospecting of diamonds.
Eligibility Criteria and Disbursements Amounts
Eligibility Criteria for Funding:
- Be a Junior Miner
- Be a South African registered juristic person
- Be domiciled in South Africa
- Have a valid prospecting licence or mining right
- The applicant must be at least 51% black-owned
REQUIREMENTS FOR THE JUNIOR MINING EXPLORATION FUND
For the purposes of the Junior Mining Exploration Fund a Junior Miner is:
- A non-listed private company duly incorporated in terms of the Companies Act 71 of 2008.
- The entity must possess valid ‘Prospecting or Mining Rights,’ as defined by the Mineral and Petroleum Resources Development Act of 2002. These rights must have an expiration date that is at least 12 months from the closing date of the application.
- The entity must be operating in greenfield or brownfield exploration activities within South Africa.
- The entity must have a combined direct and/or indirect ownership (in the form of fully voting and participating shares) by “black people” (as this term is defined in the Broad-
- Based Black Economic Empowerment Act 53 of 2003) of at least 51%.
- The entity or any controlling shareholder (as defined in the company’s act) should not have revenue generated from other mining rights.
Please note the following important points:
All applicants who don’t have access to email need to consult the IDC Regional Offices for assistance in submitting their applications via email.
Applications will open on 30 September 2025 and will close at 17:00 on 31 October 2025.
Only applications from junior miners that are more than 50% black-owned will be considered.
Applicants must be in possession of a valid prospecting or mining right.
Only exploration for the following minerals will be considered for this call:
- Tin
- Tungsten
- Titanium
- Uranium
- Gold
- Antimony
- Arsenic
- Fluorspar
- Copper
- Lithium
Deadline:
Applications will close at 17:00 on 31 October 2025.
GUIDELINES FOR COMPLETING:
1. Applications will only be considered if:
a. The applicant is a junior miner that is more than 50% black-owned.
b. The applicant is in possession of a valid prospecting right or mining right. c. Planned exploration is for the targeted minerals for this call (Tin, Tungsten, Titanium, Uranium, Gold, Antimony, Arsenic, Fluorspar, Copper and Lithium)
2. This form must be completed in full, incomplete application forms (and the required annexures and all supporting documentation) will not be accepted.
3. Submit annexures and supporting documentation in separate, clearly named files.
4. Where further elaboration or evidence is required, attach as an annexure.
5. Return this completed Application form in both Word and PDF format together with all other requested documentation to jmef@idc.co.za.
- JUNIOR MINING EXPLORATION FUND SECOND CALL FOR JUNIOR MINERS: APPLICATION FORM PDF
- JUNIOR MINING EXPLORATION FUND SECOND CALL FOR JUNIOR MINERS: APPLICATION FORM WORD
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