A 100% BEE Investment Company established by the Mineworkers Investment Trust (MIT) to create a sustainable asset base for the benefit of mine, energy and construction workers and their dependents.  MIC has current assets under management of over R10 billion and was awarded the BusinessMap Top Unlisted BEE Company of the year in 2006, and the Barloworld / WBS Top BEE Deal (Peermont) in 2008.

MIC started in 1995 with R3 million seed capital. Since inception, MIC has disbursed over R368 million directly to MIT, which has in turn advanced the money to fund its social development programmes in the areas of education and micro-enterprise development.

MIC is guided in its work by three key business goals:

1. To influence the strategic direction of the
   companies it invests in through active
   participation at executive level, driving
   the change of ownership, decision making
   and management structures in line with the
   country’s black economic advancement
   and empowerment agenda
2. To engage fully in the process of workplace
   transformation by facilitating the
   conceptualisation and implementation of
   well considered and far reaching employment
   equity plans, and the implementation of
   affirmative procurement policies and procedures
3. To identify, source and secure a portfolio of
   assets that provides a consistent and
   sustainable cash flow