The rise of Asia’s dynamic economies and China’s thirst for commodities in particular have propelled African mining forward in the past two decades. The growth of many of Africa’s mining industries has slowed during the global downturn in commodities markets in recent years, as prices remain low and multinational firms reluctant to invest money in risky plays that appear to have built-in constraints, namely a shortage of power generation, water, and infrastructure.
Nonetheless, Africa is clearly blessed with unmatched mineral resource potential. This potential, coupled with its geographic position at the crossroads of world trade patterns, gives it the potential to become a future center of gravity for global mining. The challenge will be to continue to have stability in governance, which can not only reduce the risks for foreign investors but can also, and more importantly, help African governments build more transparent and efficient mining industries. This challenge will not be swiftly overcome, but the framework for a new political order in Africa is being laid today, and greater transparency is already helping the continent move forward. Many companies recognize this and are positioning themselves in Africa now so that they can diversify their exposure to specific minerals and expand their production of core minerals when global markets recover.
Featuring exclusive interviews with: Angola Ministry of Mining and Geology – Hon. Francisco Queiroz, Minister Botswana Investment & Trade Center – Letsebe Sejoe, CEO Botswana Ministry of Minerals, Energy and Water Resources – Hon. Onkokame Kitso Mokaila, Minister De Beers Global Sightholder Sales – Paul Rowley, Executive Vice President Democratic Republic of Congo, Katanga Province – H.E. Moïse Katumbi Chapwe, Governor Development Bank of Namibia – Martin Inkumbi, CEO First Quantum Minerals – John Gladston, CBE DFC, Zambia Government Affairs Guinea Ministry of Mines – H.E. Kerfalla Yansané, Minister Industrial Development Corp. (IDC) – Mbuyazwe Magagula, SBU Head, Mining and Minerals Beneficiation Mali Chamber of Mines – Abdoulaye Pona, President Minerals Commission of Ghana – Benjamin Aryee, CEO Namibia Chamber of Mines – Veston Malango, CEO Namibia Ministry of Mines and Energy – Hon. Isak Katali, Minister Rwanda Ministry of Natural Resources – Hon. Evode Imena, Minister of State in Charge of Mining South Africa Chamber of Mines – Roger Baxton, COO Vedanta Resources – Tom Albanese, CEO Zambia Ministry of Mines, Energy and Water Development – Hon. Christopher Yaluma, Minister Zimbabwe Ministry of Mines and Mining Development – Francis P. Gudyanga, Permanent Secretary