Mining Indaba 2024
Since its inception in 1994, Mining Indaba has grown from a small conference to one of the most highly anticipated events in the industry, welcoming mining professionals from all over the world. The event is solely dedicated to the successful capitalisation and development of mining interests in Africa, with a unique and widening perspective of the African mining industry. From connecting mining companies with leading investors, to providing a platform for important industry discussions supporting the long-term economic and sustainable growth across the continent.
Mining Indaba continues to support education, career development, sustainable development, and other important causes in Africa. Each year, Mining Indaba makes a significant impact on the regional and wider economy of South Africa. In 2023, Mining Indaba increased GDP in South Africa by R248-million (with 80% coming from international sources), generated 323 full-time annual job equivalents in the country, and increased national taxes by R30-million.
In 2024, Mining Indaba will celebrate its 30th anniversary to honour how far the industry has come and discover what the future holds for Africa’s mining industry.
The rising cost of energy for mining
By Craig Baker, head of Power Projects Sales, Aggreko – Africa, Middle East, and Asia
Mining operations require significant amounts of energy to power equipment, ventilation, processing and other systems. Energy can account for 10–40% of operating costs for mines. With volatile fossil fuel prices and climbing electricity rates, energy costs have become a major pain point for industry.
Mining players embracing future trends at Mining Indaba 2024
Stakeholders in mining are embracing the many challenges that the industry faces, and this was showcased through the encouraging positive energy at this year’s Investing in African Mining Indaba.
A snapshot of selected Mining Indaba 2024 highlights, day one to three
By Dr Nicolaas C Steenkamp
Dr Nicolaas C Steenkamp is an independent consultant with over two decades of industry experience and global exposure, specialising in geological, geotechnical and geometallurgical projects and mining project management. Supplied by Dr Nicolaas C Steenkamp
Day one – 5 February 2024
The 30th Mining Indaba was held in Cape Town 5–8 February 2024. Three key stand-out African mining sector challenges were highlighted in the keynote speeches and media briefings on the opening day: energy, logistics and crime, amongst others.
Mining Indaba 2024: Opportunities to export nuclear power for SA?
Dr Kelvin Kemm, chair of Stratek Global stated that South Africa can be a nuclear reactor exporting country in a Disruptive Discussion: Nuclear energy – Enjoying a renaissance on Wednesday, 7 February at the Mining Indaba in Cape Town.
Drilling down into 5 transformative AI trends at Mining Indaba
Experts from 4Sight Holdings, a leading provider of digital transformation and artificial intelligence (AI) solutions in the mining sector, unpacked and addressed important developments and trends in AI that are shaping the industry during the Investing in African Mining Indaba in Cape Town from 5–8 February 2024.
SA mining upheld its end of the social bargain – despite a tough 2023
The Minerals Council South Africa said at Mining Indaba last week that during 2023, despite serious headwinds of record Eskom electricity supply curtailment, severe constraints on railways and at ports, as well as mixed commodity prices – the mining industry in South Africa created jobs and delivered higher taxes for the fiscus.
