“Mining is important to Africa because most countries within the continent are either major consumers or major producers of mineral commodities. It is a source of mineral commodities that all countries find essential for maintaining and improving their standards of living.”
Southern Africa is a region with myriad resources; from diamonds to gold, copper to coal, precious metals, rare earths and gemstones. According to the US Geological Society, South Africa has the world's largest manganese and platinum group metals (PGMs) reserves. In recognition of its unparalleled investment opportunities, China, India and Japan have invested substantial amounts into mining minerals, metals and stones in Southern Africa. Southern Africa's major exports are unwrought platinum, coal, iron ore, ferroalloys, rolled stainless steel and aluminium. Nevertheless, although the Southern African mining industry has been responsible for a large part of employment and economic growth, many of these rich resources remain untapped because of investment and production barriers.
Parts of the region are still underdeveloped. There is a need for investment in exploration, transport, education, infrastructure and exports. However, increased political stability, improved legal frameworks and infrastructure have been lauded by mining industry professionals for improving productivity in the African mining industry and for facilitating access to the mining sites. Governments have finally begun to concentrate efforts on industry development. The South African state-owned transport company, Transnet, will be redeveloping the rail infrastructure to improve transport efficiency when delivering minerals to the South Africa Port. By 2018, Transnet aims to have delivered 11.7 million tons of manganese, a substantial increase from the 4.8 million tons delivered in 2011. In Botswana, to encourage investors,
“the government was continuing to review pieces of legislation such as the Income Tax Act, the Mines and Minerals Act and the Diamond Cutting and Polishing Act.”
To facilitate discussions and help investors overcome the various obstacles, a 2-day Southern Africa Mining Summit (southernafricaminingsummit.com) will take place in Cape Town on the 5th & 6th September 2013. It will be the only mining event to focus exclusively on the Southern Africa region, featuring a streamed Conference, Exhibition and Networking Evening. This two-day event will allow delegates to strengthen industry ties and seek out new business opportunities, by bringing together government delegations from across the region, NOCs (National Oil Corporations) and IOCs (International Oil Corporations). As well as addressing the Southern Africa industry more generally, the conference will cover mining hot spots in detail, in places such as; Angola, Botswana, Democratic Republic of Congo, Madagascar, Malawi, Mozambique, Namibia, South Africa, Tanzania, Zambia and Zimbabwe.
This year's keynote presentation will address the outlook for mining across Southern Africa, Southern Africa Gold, Legislation and Regulation, and Infrastructure. Gideon Ndalama, Acting Director of Mines, Ministry of Mines and Minerals Development of Zambia; Mashale Phumaphi, Managing Director, Shumba Resources (Botswana), Dr. Claude Kabemba, Director, Southern Africa, Resource Watch; and Temba Mabasa Hawadi, Director of the Zimbabwe Geological Survey Department, Ministry of Mines and Mining, Development of Zimbabwe, are just some of the industry experts that will be speaking at the event. This is an unmissable event for any company that offers products or services to the mining industry.
About Oliver Kinross
Oliver Kinross (oliverkinross.com) was established with the aim of delivering high quality training, business intelligence and networking opportunities for industry. This is achieved through a series of training courses, industry briefings and conferences catering for senior level delegates for many of the world's largest companies.