South Africa: International mining conference opens

The International Mining Conference started Monday in Cape Town, South Africa, gathering investors, funding institutions, banking, mining companies, consultants and insurers.

The 2017 Mining Indaba Edition aims at attracting investment in the sector and contribute to the growth and development of the African continent.

The four-day Forum, going under the motto “Taking advantage of the next wave of growth: Investing in mining in Africa to make long-term profits”, brings together experts from the mining sector.

The event is expected to find ways to boost this key sector in the continent , as many African nations are eager to re-launch their mining projects.

Addressing the opening ceremony, the South African minister of Mineral Resources, Mosebenzi Joseph Zwane, stressed the importance of this resource and its use as a way to develop the continent.

A meeting is set for Tuesday (07) between the Angolan Minister of Geology and Mining, Francisco Queiroz, and the South African counterpart.

On the topic, the Angolan Minister of Geology and Mining will refer to the latest discoveries made in the country.

He will explain the current state of National Geology Plan (Planageo), as well as the guarantees the country offers to the investors.

Among discoveries, the official will focus on the largest granite complex in the southern province of Cunene, the identification of new kimberlitic anomalies outside the traditional diamond areas.

The list includes the gold and iron projects in Kassinga (southern Huila province), Cutato iron (Cuando Cubango), Kassala-Kitungo iron (Cuanza Norte) and phosphate in the provinces of Cabinda and Zaire.

In addition to the conference, there is a Fair where Angola is represented by the Ministry of Geology and Mining.

The country will display material to promote the Government strategy for the sector, Planageo operators and private companies operating in the country.

Angola is also represented by national diamond concessionary “Endiama” at the Fair, as exhibitor.

Indaba Mining takes place every year gathering experts from the mining sector to analyse the growth of the sector in different countries.

Source: Angola Press News Agency