Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Businessman Palmach Zeevi’s P2W signs NIS 35 million contract with AngloGold Ashanti (AGA)

P2W specializes in the chemical-free method of water treatment in gold mines, following the separation process of heavy metals, cyanide and arsenic.

By Sima Ella /

פלמח זאבי בפגישה עם נשיא דרום אפריקה ג'ייקוב זומא

Palmach Zeevi meets Jecob Zuma President of South Africa‏:

The South African AngloGold Ashanti company, a publicly traded company and – with 17 gold mines – the third largest gold miner in the world, has contracted P2W to build and operate water treatment plants. P2W’s system treats 500 cubic meters of contaminated water per hour and will provide employment to the area.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

P2W develops, markets and installs water purification systems for toxic heavy metals, precisely because of the huge amount of such metals – including arsenic, copper, zinc, cadmium, lead, nickel, titanium, manganese, tin, cobalt, etc. – that finds its way into the water supply during the mining and production of gold. These polluted water cause immense damage to the environment.

The unique process developed by P2W is based on combined electro-coagulation  and electro-oxidation, using a minimal amount of chemicals. It allows streaming the treated water into the sewage or recycling it. The system promises a return on investment within 16-36 months. At present, the infrastructure and technology is being successfully implemented in Ghana and other developing countries.

CEO Palmach Zeevi, who founded the company in 2005, says. “The signing of this latest deal proves that the technology developed by our company is the correct solution for companies engaged in gold mining around the world.”

According to Zeevi, South Africa presently faces a particularly challenging task. For decades, gold mines have been contaminating the groundwater in the country’s three main water reservoirs. It is known in South Africa as AMD (Acid Mine Drainage), and the topic has dominated the media’s agenda for the last two years. “We, ” says Zeevi,  “that is, my wife Susan, our staff chemists, engineers and I, took it upon ourselves to go there with a ready solution., Six months ago, we established a pilot program; and after two months, results prove that we have managed to introduce technology that can deal with the difficult problem.” Today the company has six operating systems, to which seven more will be added in the coming year. Another first pilot is planned for Latin America this year (2013).

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...