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Incubex Minerals

Incubex Minerals Limited is a privately owned, HDSA controlled holding company that was formed from the unbundling of the mining interests of Sephaku Holdings Limited on 29 November 2010.

Incubex, through its subsidiaries and associated partner companies, hold prospecting and mining rights as well as mining permits that covers a diverse range of industrial minerals and coal within South Africa.
Two of the mining rights are currently being mined successfully in the North West and Northern Cape provinces.

Incubex’s Vision Statement is to be one of the leading mining groups of Green, Critical and High Value Industrial Minerals in Sub Saharan Africa whilst bringing value to all stakeholders in a sustainable manner.

Our Operational Mission Statement is:


  • Maintain goal focused operations to achieve group sustainability.
  • Focus on the utilisation of our intellectual property and human capital.
  • Implement solid and controlled operational management systems.
  • Support operations through governance and process systems.
  • Most importantly Empower our people to be able to make their own decisions and become the lifeblood of Incubex.

Meet Our Team

Dr Lelau Mohuba

Dr. Lelau Mohuba

(MBChB), Chairman, Director
  • A retired medical practitioner
  • Lelau joined Boynton/Platmin in 2003 and assisted in listing on both the TSX and AIM in 2006
  • Co-founder of the Sephaku Group and former Chairperson for Sephaku Cement Pty Ltd and former CEO and Chairperson for Sephaku Holdings Ltd, JSE listed in 2009
  • Chairperson for Taung Gold Pty Ltd, African Nickel Holdings Pty Ltd, UAM Ltd, Sepfluor Ltd, Incubex Minerals Ltd and INSA Coal Holdings Ltd
Clive Winterton

Clive Winterton

Director and Chief Executive Officer
  • Commenced career in the Food FMCG (fast-moving consumer goods) sector in 1980, as a trainee manager for Woolworths SA
  • Successful management career at the Pick n Pay Group for 10 years. Later moved to the SPAR group as Senior Retail Operations Manager, promoted to head up the development of a new building division called Build It
  • After completing the launch and rollout of Build It, accepted position of GM Business Development at Metcash Africa. He took over the turnaround and control of the 5,000 banner group stores situated throughout Sub Saharan Africa. Established the PAX group in 2006. Joined Incubex Minerals as Chief Executive Officer on 1 March 2020
Rudolph de Bruin

Rudolph de Bruin

(B Comm; LLB), Founder and Director
  • Practised for ten years as an advocate of the Supreme Court of South Africa
  • May 1989 to present: director of various companies responsible for strategic management and legal matters related to exploration and mining rights, corporate structuring and mergers and acquisitions
  • Founding member of Platmin Ltd, Sephaku Holdings Ltd (listed on the JSE, which built and is now operating a cement plant in South Africa), Taung Gold (developing gold exploration assets in South Africa), SepFluor Ltd (which built and is now operating a fluorspar mine and concentrator in Gauteng) and various other companies
  • Founding partner of AMED Funds since 2012, which invests in mineral exploration and development projects, mostly in Africa
Dr David Twist

Dr David Twist

(BSc Hons (Geology) PhD (Geology)), Non -Exec Director
  • Geologist with Impala Platinum Mines in Rustenburg in 1980. From 1981 to 1987: Research Officer and from 1987 to 1990: Senior Research Officer at the Institute for Geological Research on the Bushveld Complex at the University of Pretoria
  • Acted as a consultant for many South African mining companies, ran contract exploration projects, presented research papers at international conferences and published extensively in international scientific journals. Played key management roles in establishment and development of various exploration and mining projects (director in these companies). Founding member of Platmin Ltd, acted as group's Chief Executive Officer from 2000 to 2006. Registered professional natural scientist, member of the Geological Society of London and member of the US-based Society of Economic Geologists
Elaine Beylefeld

Elaine Beylefeld

(BCom LLB MBA), Legal Director
  • Completed articles in 2011, whereafter practiced as an attorney for two years in commercial law and general litigation. Admitted as a Notary Public in 2013
  • In 2014, joined the Incubex Group as a Legal Advisor working on commercial contracts and company secretarial matters. In 2015, appointed as acting CEO of Incubex and assisted with the restructuring and debt management of Incubex. In 2017, officially appointed as the Chief Executive Officer of Incubex
  • Completed MBA in 2019. After stepping down as CEO of Incubex in 2020, Elaine remains a director and legal consultant to the Company
Wilson Hlangwane

Wilson Hlangwane

(BSc (Hons) Geology, MSc (MRM), MCom) Non-exec Director
  • Started his career (2002 – 2005) at Goldfields Ltd as a geologist. Then moved to Xisaka Xa Tuba Geo Solutions where he worked as a geological data Holdings manager until 2007, when he joined Sephaku Ltd as Exploration Geologist
  • Competent person on fluorspar mineralisation, having been involved in the development and feasibility studies of the Nokeng Fluorspar project. Completed various courses and certificate programmes and is a member of the South African Council for Natural Scientists and Professionals and of the Geological Society of South Africa
Jitin Bhatia

Jitin Bhatia

(B.Com), Non-exec Director
  • Director of Action Group and directly responsible for operations in South Africa. Played vital role in getting group into sectors: solar power, hydro power and coal mining
  • Extensive experience in mergers and acquisitions. Various acquisition deals across sectors such as IT, real estate, hospitality, coal etc., in India, Indonesia, USA, Mauritius and South Africa. Strong professional individual with good leadership qualities
  • Currently serving as President of CII India Business Forum (SA), a chamber/association of all Indian companies operating in South Africa. Independent Director on the board of MediValley, a Govt of India funded Medical Device Incubation company

Visit Our Affiliates

Contact Details:

Landline: +27 21 201 6766

Clive Winterton
Director and Chief Executive Officer
+27 83 383 0025

Ruth Mokwena
Company Administrator
+27 79 194 8990

Physical Address:
Suite 206, 2nd Floor,
Northwing, Granger Bay Court,
Beach Road, V&A Waterfront,
Cape Town, 8001

Registered Address:
Suite 206, 2nd Floor,
Northwing, Granger Bay Court,
Beach Road, V&A Waterfront,
Cape Town, 8001