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Mining Indaba kicks off

The Mining Indaba remains pivotal to Africa’s aspirations.

The mineral resources sector remains “critically important” to the African continent, which is why the Investing in African Mining Indaba has consistently been regarded as an event of “paramount significance”, said Mining Indaba managing director Alex Grose.

This is also a key motivation for the at least 24 African government representatives attending the conference this year, as it will enable them to promote the mineral resource sectors of their countries.

Despite the challenging market conditions facing the global mining industry, Grose highlighted that companies worldwide regard the event as a “must-attend conference”, where they receive information about potential mining business opportunities on the continent.

The event was founded by former US-based International Investment Conferences president Sandy Lawrence, who realised the importance of attracting investment and mining companies to not only South Africa but also Africa through such an event.

About 100 people attended the first Mining Indaba, held over just two days, in Cape Town.

However, since then, it has become a premier event on the global mining calendar, attracting thousands of the most important players in the sector worldwide.

“It brings together three integral industry players, mining companies, investors and African government mining authorities,” added Grose.

Zambian Minister of mines Mr. Christopher Yaluma is also in attendance with other high ranking ministry officials. Other countries that have confirmed the attendance of their Ministerial delegation to the Mining Indaba include South Africa, Ethiopia, Zimbabwe, Ghana, Morocco, Mali, Rwanda, Gabon, Madagascar, Namibia, Nigeria, Kenya, Guinea, Burkina Faso, Mozambique, Liberia, Lesotho, Senegal, Côte d’Ivoire, Botswana, the Democratic Republic of Congo, Cameroon, Togo, Sudan and Angola.

Grose told the media that South African mineral resources Minister Mosebenzi Zwane played an important role in encouraging his peers in Africa to attend the event, hence, the expected attendance of a large number of African Ministerial delegations.

Mining Indaba sales director Fred Noce explained that the Mining Indaba was started in 1995 as a post-apartheid event to reintroduce international mining companies and investors to the potential that existed in the South African mineral resources sector.

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