Investor interest in mining in Africa surges

Cape Town – The annual Investing in Africa Mining Indaba, which is taking place from 6 until 9 February at the Cape Town International Convention Centre, is attracting 32% more mining companies and 71% more investors compared to 2016. 

Alex Grose, Managing Director of Mining Indaba, ascribed the resurgence in interest to an improved perception of mining equities. 

The Mining Indaba, currently the world’s largest mining investment conference and Africa’s largest mining event, provides a gateway for the capitalisation and development of mining interests in Africa. 

Themed Leveraging the next wave of growth: How can you invest in African mining to make long-term profits?, this year’s conference will focus on ways in which investors, mining companies and African governments can maximise profitability, portfolio returns and sales on the back of a recovery in the mining sector, according to miningreview.com. 

Speakers at this year’s event, including South African Mining Minister Mosebenzi Zwane, Chamber of Mines president Mike Teke, mining analysts from renowned asset management companies and mining CEOs, such as Gold Fields’ Nick Holland and Sibanye’s Neal Froneman, will be examining the signs of a rebound in the mining sector, especially in commodities like gold and battery metals. 

This year’s expanded agenda covers investment trends and includes panel discussions about whether the industry is bouncing back, the role civil society should play in ensuring sustainable mining, as well as country case studies and presentations from mining companies.

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