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.
First Lobito Atlantic Railway customers – Trafigura, Kamoa-Kakula – sign agreement
On 7 February 2024, during the Mining Indaba in Cape Town, South Africa, Trafigura and Kamoa-Kakula signed the terms of Reserved Capacity Agreements agreeing to long-term commitments to transport minerals via the Lobito Atlantic Railway for a minimum term of six years. These terms mark the first long-term commercial commitments to the Lobito Atlantic Railway, a new import-export trade route between the African Copperbelt and Angola’s Atlantic coast.
Tackling hard conversations at Indaba
In the wake of Investing in African Mining Indaba 2024, judging by the topics and turn-out this year, mining continues to engage with the many issues that affect the future of the industry and broader society.
Mining Indaba 2024 – calls for collaboration and transforming dialogue
A highlight of day one was South Africa’s President Cyril Ramaphosa’s keynote address at the opening ceremony with a clarion call for collaboration between the mining industry and government, highlighting the immense potential that Africa has in being central to the global clean energy transition. “Our Just Energy Transition Investment Plan outlines a pathway to create new industries and support more livelihoods in the green economy.” President Ramaphosa appealed for the Indaba to prioritise discussions on how to strengthen mining value chains and enhance beneficiation.
Droughts, floods and contamination – a triple threat to African mining investments
Water availability is a key investment risk to mining in many African countries, adding to the range of risks that have come under the spotlight at the Investing in African Mining Indaba, and an ongoing discussion point for mines into the future, where water will become increasingly scarce in our current global warming crisis. (more…)
Minister needs to go back to basics to fix mining issues
Minister Mantashe, imagine a Mining Indaba where “business as usual” is shattered by the clang of action, not polite applause. (more…)
Africa’s mining renaissance: A deep dive into transformative domains
Africa’s immense mineral wealth has long positioned it as a centrepiece in the global mining narrative. As we advance further into the era of smart and sustainable mining practices, a confluence of technological, environmental and societal factors demands a paradigm shift. In this thought leadership article, Wits Mining Institute director Professor Glen Nwaila focuses on key drivers reshaping Africa’s mining sector from lessons learned in academia and minerals industry leaders. (more…)
