Frankfurt, Germany – July, 2017 – The 4th edition of Mining on Top: Africa Summit taking place from 6-7 July in Frankfurt, Germany will gather industry players and stakeholders to discuss the future in African mining projects and challenges in the mining sector to date. The conference will explore the issues of integrating mining into development policies at international, national and regional levels to attract and increase investment.
The global mining industry is currently experiencing a fluctuating precious metals market, with high volatility of commodity prices and rising exploration costs. Africa, being one of the most mineral-rich continents looked is to as a resource in solving these growing issues. The continent accounts for about 30% of the world’s total mineral reserves and has huge potential with regard to resources and production capacity. Investors globally are seeking opportunities to expand into new ventures in Africa, as it presents a new frontier for the mining sector.
The mining industry has emerged as a powerful engine of economic growth in Africa. The continent hosts about 30% of the world’s total mineral reserves producing over 60 different metals and minerals and has huge potential for exploration and production in the future. ‘The boom in investment have contributed to the continent’s Gross Domestic Product (GDP) growth by 64 percent between 2000 and 2017.’ (https://www.ifc.org) Mining projects have contributed to development in the infrastructure by creating jobs and local procurement and through community investment projects. Through their engagement with the key stakeholders mining companies are identifying and building up on key sustainability issues, strategizing and then implementing the policies.
Africa’s mining potentials have increased in the recent past due to improvements in political systems and changes in fiscal and regulatory environments, leading to a rise in investments. The increasing transparency of the extractive industry has had significant positive correlative effect on the revenue flows to the host countries. ‘Most of the African mining countries have joined the Extractive Industry Transparency Initiative (EITI) iv and through the EITI reporting process, the revenues accruing to governments from extractive sectors are documented and publicly disclosed. This process enables citizens to understand how much money is being paid to the government from different sources, which can help to ensure accountability for how those resources are managed.’ (https://www.ifc.org)
Mining on Top: Africa Summit will once again serve the mining community by providing a formidable platform to asses and synergise with the key players of the industry. Attendees will discuss the future of the African mining industry, share best practices for growth through sustainable operations and how to reduce environmental damage. Consequentially, this would encourage mining growth and thus lead to wider economic growth.
Building on the success of the previous three editions, the theme for this year is of ‘’building shared value through mining investment’.
Sessions will focus on a variety of topics including:
- Mining, investment and Commodity Prices in the New Geopolitical Environment
- State Intervention in Mining Taxation and Legislation
- Funding Mining Projects in Africa
- African Mining Project Presentations
- Diversifying from Traditional Minerals
- Green and Sustainable Mining
- Skills Utilisation and Retention of Skills- Experience vs Transformation
MOTA 2017 Speaker Panel includes:
- Hon Christopher Yaluma, Minister of Mines & Minerals Development, Zambia
- John Peter Amewu, Minister, Ministry of Lands and Natural Resources, Republic of Ghana
- Abdul Ignosi Korma, Deputy Minister, Ministry of Mines & Mineral Resources, Sierra Leone
- Alkaly Yamoussa BANGOURA, Councillor in charge of Mines, Presidency of the Republic of Guinea
- Dr Fuh Calistus Gentry, Secretary of State, Ministry of Mines, Industry and Technology Development, Republic of Cameroon
- Jeremy Wakeford, Macro Economist, Quantum Global
- Benjamin Jones, Principal Consultant – London, CRU Group
- Sanjay Saraf, Head of Commodity Reporting, S&P Global Market Intelligence
- Nathan Chishimba, President, Zambia Chamber of Mines
- Akshai Fofaria, Partner, Pinsent Masons
- Stefan Peters, DMT Group
- Stéphane Brabant, Herbert Smith Freehills
- Amadou Camara, Managing Director, Société des Mines de Fer du Sénégal Oriental (MIFERSO), Republic of Senegal
- Dr Michael Schulte Strathaus, President, VDMA Mining
- Christian Gevers, Project manager, Business Development- Industry and Minerals Resources, Southern African- German Chambers of Commerce and Industry (DIHK)
- Rudi Geerts, Sales manager- Sub-Saharan Africa, Siemens
- Erwin Spolder, Chief Executive Officer, Redavia GmbH
- Christina Wissel, VDMA Education Policy
- Kristian Lempa, Senior Project Director: Extractives for Development, GIZ
- Thomas Anger, Managing Partner, Bayswater Capital
- Andreas Wenzel, International Economic Relations Director Africa and International Policy of Raw Materials, Association of German Chambers of Commerce and Industry (DIHK)
- Peter Bucholz, Head, The German Mineral Resources Agency (DERA) at the Federal Institute for Geosciences and Natural Resources (BGR)
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