Investing in Africa’s Mining Indaba 2019

The 25th edition of the Africa Mining Indaba is underway, held of Cape Town and will run from 4 to 7 February. This is the largest mining investment event in the world the event will look hold discussions on the future of mining in Africa.

In attendance, Minister of Mineral Resources Gwede Mantashe. The Minister said South Africa is open for business and that the government is ready to achieve its goals. He also released data that mining production in SA rose by 0.5 percent year-on-year in October 2018.

Mining production in South Africa contributes R447 billion to the economy, largely due to increased production of nickel, PGM, diamonds, manganese and chromium ore. The mining Indaba allows for meaningful engagement with those in concern with the granting prospecting of mining, mining rights and permits to determine rights, impacts, and benefits for communities.

Minister Mantashe emphasizes the need to improve on mechanisms that allow for cohesion between the mining sector and the communities. Other topics for discussion will be mining 2050 how data, AI and automation will impact the mining sector. Investment battlefield feature that best mining projects go against each other for financing as well as young leadership programme.

Other high-level speakers include South African President Cyril Ramaphosa, Ghanaian President Nana Akufo-Addo, Chief Executive of Anglo American Mark Cutifani, Chairperson of Gold Field Cheryl Carolus and many other leaders in business, political and educational institutions.

 

 

By Mokgethi Mtezuka

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