New Concept Mining

Johannesburg, South Africa Founded: 1986 • Age: 40 yrs Acquired By Epiroc
Rock monitoring is specialized in by mining and exploration operations.

About New Concept Mining

New Concept Mining was founded in 1986 and is based in Johannesburg, South Africa. Operations are conducted in the mining and exploration sector, where rock monitoring is emphasized to support safety and efficiency. Services encompass geological assessments and monitoring technologies tailored for underground environments. Activities are primarily focused within South African mining regions, contributing to resource evaluation and risk management.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹10.6 Lakh

    FY 2024 · -9% YoY

  • Net Profit
    ₹9.2 Lakh

    FY 2024 · 87% margin

  • EBITDA
    ₹10 Lakh

    FY 2024 · 94% margin

  • Investors
  • Acquired by
    Epiroc

    (Nov 2018)

Investors in New Concept Mining

New Concept Mining has secured backing from 1 investor. Prominent investors backing the company include Epiroc.

All
InvestorDescriptionFounded YearDomainLocation
Drill rigs, rock excavation, and construction equipment are manufactured.
1873epiroc.comNacka, Sweden
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Investor details for New Concept Mining

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Board of directors of Gdu Enterprises Private Limited (New Concept Mining)

Gdu Enterprises Private Limited is the primary company behind New Concept Mining. The board of Gdu Enterprises Private Limited currently have 2 directors; the longest-serving is Gaurav Sethi, appointed in 2013. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Gaurav Sethi
DIN 06382161
Whole-time director29 May 201313 yrs 4 moGdu Enterprises Private Limited
Renu Sethi
DIN 08530510
Director20 Jan 20206 yrs 8 moGdu Enterprises Private Limited

People of New Concept Mining

30 people are tracked at New Concept Mining (1 in leadership, 29 in team).

NameRoleGroup
Dave Gravett
Managing Director - Zambia and the rest of AfricaLeadership
Sello Alpheus Bosoga
Millwright ArtisanTeam
Tina Raaths
Inventory Administrator/auditorTeam
Jabulani Thomo
Production ForemanTeam
Petrus November
Hand WelderTeam
Godfrey Malobisa
DriverTeam
Jabulani Richard Mthombeni
Goods Receiving CoordinatorTeam
Jc Pretorius
Senior Area ManagerTeam
Paolo Pastorino
Senior Design EngineerTeam
Rudi du Randt
QA ManagerTeam
Robert Bob M.
Exports Distribution ControllerTeam
Sizokwanda Lawrence Nyathi
Warehouse And Distribution Controller ExportsTeam
Freddie Rossouw
ToolmakerTeam
Joanie Potgieter
Sales Marketing CoordinatorTeam
Terrence Tumeng
Quality Control ForemanTeam
Billy Flanagan
Business Development ManagerTeam
Teno van der Riet
Business Development Manager AfricaTeam
Clement Mdluli
StoremanTeam
Pheello Modiga
Quality ControlTeam
Matembo Mbale
Manufacturing & Operations ForemanTeam

10 more people are available in the full profile.

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Complete people profiles for New Concept Mining

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Financials of New Concept Mining

Figures of Gdu Enterprises Private Limited, the primary company behind New Concept Mining, for FY 2024. Revenue was ₹10.6 Lakh (-9% year on year). Net profit was ₹9.2 Lakh (87% margin). EBITDA was ₹10 Lakh (94% margin). Revenue has grown at a compounded annual rate of -29% over three years and -58% over five years.

  • ₹10.6 LakhRevenue · FY 2024 · -9% YoY
  • ₹9.2 LakhNet profit · 87% margin
  • ₹10 LakhEBITDA · 94% margin
  • ₹3.91 CrPaid-up capital
  • -29%Revenue CAGR, 3 years
  • -58%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Gdu Enterprises Private Limited are on its company page.

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Detailed financial statements for New Concept Mining

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Timeline of New Concept Mining

2 dated milestones of New Concept Mining across 32 years, from founding to its latest funding, stage changes and deals.

  1. Founded New Concept Mining is founded.
  2. Exit Acquired by Epiroc.

Web traffic of New Concept Mining

The website of New Concept Mining (ncm.co.za) receives about 1.1K visits a month.

  • Monthly visits
    1.1K

    ▼ 13.9% vs previous month

Similar websites

Websites whose visitors overlap most with New Concept Mining. Affinity shows how closely the audiences match.

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thepanelfactory.co.za
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 10 similar websites and full traffic analytics for New Concept Mining

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Verified entity values are shown only after access is granted.

Similar companies to New Concept Mining

10 companies that operate in the same segment as New Concept Mining (Mining Companies), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Gold mining and exploration services are provided worldwide.
1916Greenwood Village, Colorado, United States–USD 18.56 B42,600
Gold is produced from eight operating mines in four countries.
1887Sandton, Gauteng, South Africa–USD 9.45 B–
Copper, gold, and molybdenum are mined across international operations.
1912Phoenix, Arizona, United States–USD 25.91 B28,500
Lithium exploration and development are conducted in the United States.
1983New York, New York, United States–––
Iron ore and nickel are mined and processed internationally.
1942Rio De Janeiro, Rio De Janeiro, Brazil–USD 933.72 M3,040
First Majestic is engaged in silver and gold mining operations.
2002Vancouver, British Columbia, Canada–USD 1.29 B–
Diversified exploration and development of metals are conducted globally.
1949Rouyn-noranda, Quebec, Canada–USD 1.06 M–
CIMIC Group is recognized as an engineering-led services provider in construction and resources.
1949Sydney, New South Wales, Australia–––
Gold is produced by Sibanye-Stillwater in South Africa.
2012Westonaria, Gauteng, South Africa–USD 7.84 B479
Uranium and vanadium exploration and development services are provided.
2006Lakewood, United States–USD 78.11 M1,370
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Frequently Asked Questions about New Concept Mining

New Concept Mining was founded in 1986.

New Concept Mining is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.

The primary company behind New Concept Mining, Gdu Enterprises Private Limited, reported revenue of β‚Ή10.6 Lakh for FY 2024, down 9% year on year.

New Concept Mining was founded in 1986 and is based in Johannesburg, South Africa. Operations are conducted in the mining and exploration sector, where rock monitoring is emphasized to support safety and efficiency. Services encompass geological assessments and monitoring technologies tailored for underground environments. Activities are primarily focused within South African mining regions, contributing to resource evaluation and risk management.

New Concept Mining has 1 investor. Key investors include Epiroc.

New Concept Mining operates through Gdu Enterprises Private Limited.

Yes. New Concept Mining was acquired by Epiroc in November 2018.

The legal entities of New Concept Mining currently have 2 directors, including Renu Sethi, Gaurav Sethi.

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