News alert: mining indaba is not all about you, SA
Uncertainty in the domestic mining sector has led investors to seek other African opportunities, writes Allan Seccombe
Delegates attending this week’s Investing in African Mining Indaba might be hit by a bout of depressing déjà vu, because little has changed in SA since the indaba in 2016, except a hardening of attitudes between the industry and Department of Mineral Resources. But there will be plenty of deals to pursue outside of the formal sessions for mining opportunities in other countries. At 2016’s indaba — a gathering of 6,000 delegates — Mineral Resources Minister Mosebenzi Zwane had been in his position for only four months, plucked from obscurity to replace Ngoako Ramatlhodi, who had barely become comfortable in the role. Zwane said at 2016’s gathering that he had held "robust discussions" with participants in the South African mining industry and had come away from them with an "understanding of the pertinent issues facing the industry — issues that you, as stakeholders, consider to be essential to moving the mining industry into new and sustainable heights". He said regulatory certainty...
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