Digital Mining Pulse Issue 2

Downstream Buyers at Mining Indaba

at Mining Indaba

Sustainability at Mining Indaba

Finance & Investment At Mining Indaba

Integrating sustainability into every facet is key to our approach

Next Generation at Mining Indaba

Article contribution: J. J. Messner de Latour, Sector Lead, Purchasing, Initiative for Responsible Mining Assurance (IRMA) Future-proofing African Mining, Today! Giving a voice to future generations

Empowering the NextGen of young mining professionals to ensure Africa’s mining industry has a promising future

Leadership at Mining Indaba

It is our responsibility as the leading mining investment conference in Africa to collectively sustain the momentum initiated earlier this year. Africa’s time is now! Are we ready as a continent to transform the African mining industry into a global game-changer? It is not just a choice; it is an essential mandate that cannot be compromised. Africa’s mining industry is poised for greatness together, we can drive sustainable growth and development in the mining sector, creating opportunities for all stakeholders involved. Let’s take proactive steps to futureproof this industry and our planet by strategising on how to achieve this at Mining Indaba 2025.

Laura Nicholson, Head of Content & Strategic Partnerships

Industry Experts on the Leadership Committee

Rohitesh

CEO International Council on Mining and Metals (ICMM)

Marie-Chantal Kaninda

President Glencore DRC and Chairman KCC

Adam

Chief Responsible Investment officer Church of England Pensions Board

In this section

• Industry Experts on the Leadership Committee Page 5

• A close-up of what to expect on the Disruptive Discussions Programme Page 6

• NEW Disruptive Discussions: Redefining Critical Minerals Page 8

Dhawan

Estelle Levin-Nally Founder and CEO Levin Sources

Sinead Kaufman CEO, Rio Tinto Minerals Rio Tinto

Matthews

Mzila Mthenjane CEO Minerals Council South Africa

Sonia Scarselli VP BHP Xplor

July Ndlovu CEO Thungela Resources

A close-up of what to expect on the Disruptive Discussions Programme

The government factor

A landscape that offers investment-friendly options for increased infrastructure development spend, improved permitting processes and downstream value-addition is the dream. Can it be turned into reality?

The investment factor

Future demand for metals has never looked brighter, but are investors willing to provide the required capital at every stage of the mining life cycle?

The community factor

Mining means job creation and economic opportunities, but is that enough to win the support of local communities for new projects?

The talent factor

Artificial intelligence holds the future to technology adoption in mining - is tomorrow’s mining generation prepared at a tertiary education level for this, and what does their integration with the existing workforce look like?

The market factor

Are downstream buyers ready to play their part, including buying critical minerals from “risky” jurisdictions?”

Disruptive Discussions: Redefining Critical Minerals

The time has come for Africa to assert its dominance in the world of critical minerals, and Mining Indaba will be the catalyst for this transformation.

In 2025, the event will address a pivotal question not many dare to ask: “What minerals are critical for Africa, and why?” As a continent rich in resources, the minerals essential to building Africa’s economic wealth and prosperity surpass the global definition.

Lithium and graphite

What is Africa’s true potential for filling the long-term EV battery gap, and how can the mining industry support downstream battery manufacturing opportunities in the country?

Coal and Uranium

And renewables! What is the ‘sweet spot’ energy mix? Can renewable energy meet Africa’s energy deficit? Africa’s energy deficit amidst a growing population- can renewable energy really meet demand?

Potash

What is the impact on developing the continent’s agricultural industry.

Bauxite

Key to developing the downstream aluminium industry.

Rare earth elements

Where do rare earth elements sit on the priority critical minerals list, and will downstream beneficiation in Africa need to rely on Chinese expertise?

Copper and PGMs

Will feature prominently in broader conversations regarding the Just Energy Transition, and emphasise their importance to Africa’s green energy shift and the global transition.

Gold

A lucrative commodity is still driving economic wealth – but is there scope for the addition of new facilities in Africa?

Manganese Is it an unspoken critical mineral?

Government at Mining Indaba

In the world of mining, strong partnerships with governments are crucial for navigating regulations, securing investment, and creating environments where both businesses and communities can prosper. Mining Indaba serves as a key platform for forging private-public alliances that can turn challenges into opportunities for growth in the sector. With Africa’s abundant untapped resources, governments hold the key to ensuring the sustainable and inclusive growth of the mining industry for the benefit of future generations. Future-proofing Africa’s position as a mining powerhouse on the global stage.

Zeinab El-Sayed, Head of Government Partnerships

In this section

• Industry Experts on the Governance & Policy Committee Page 10

• Overview of government agenda: Page 11

- Intergovernmental Summit

- NEW Investment Forums: *Strictly by invitation

- Ministerial Symposium *Strictly by invitation

- NEW Brand-new government space in CTICC 2

• Article contribution: Marcus Courage, CEO, Africa Practice

A Blueprint for Success –Furthering Mineral Value for African Producers Page 12

Industry

Experts on the Governance & Policy Committee

Dr Anthony Costa Investment Programme Lead, President of South Africa’s Investment Moblisation Programme, South Africa’s Investment Mobilisation Programme

Nkandu Beltz MD Beltz Mining Limited

Ismael Diakite Chief Representative of the Consortium SMBWinning Consortium

Marcus Courage CEO Africa Practice

Glen Mpufane Mining Director IndustriALL Global Union

Ntokozo Ngcwabe Deputy Director General, DMRE

Mostafa Talaat CEO Ankh Resources Ltd

Chilembo Sokwani President, MIASA

Bringing governments together, forging a stronger future

The 2025 theme for Mining Indaba, “Future-proofing African Mining, Today!” highlights the importance of creating a sustainable and responsible mining industry in Africa. This involves ensuring equality, environmental protection, and social responsibility through government policies and regulations. Embracing innovation and technology will also be crucial in driving efficiency and competitiveness in the sector.

Intergovernmental Summit

The 2025 Intergovernmental Summit is set to address the critical role of African minerals in the global economy, focusing on its strategic importance for future development potential. With a key emphasis on the Just Energy Transition, the summit will explore infrastructure development, industrialisation, and enhancing mineral value chains across the African mining sector. Ministers, mining leaders, and investors will convene to discuss strategies for maximising value addition potential and creating sustainable and equitable mining economies across the continent.

Investment Forums:

*Strictly by invitation

New for 2025, Investment Forums will foster regional and international collaboration by addressing not just the ‘why’, but the ‘how’ of bringing investment into local processing and refining of minerals and facilitating downstream manufacturing opportunities across the continent. This unique, closed-door offering of high-level dialogues, led by governments, aim to ensure Africa is in the best position possible to not only maximise the use of its mineral endowment, but to ensure that partnerships benefit its economic development as a continent and nation. Bringing together key players, with actionable outcomes and tangible commitments made, these dialogues will provide a framework for developing global value chains, alongside global partners, leveraging the presence of substantial critical minerals resources to pave the way for a prosperous future in Africa’s mining sector.

Ministerial Symposium:

*Strictly by invitation

Attendees can expect engaging discussions on innovative solutions for sustainable development, networking opportunities with industry leaders, and the chance to contribute to shaping the future of African value chains. The symposium will provide a platform for sharing best practices, fostering partnerships, and driving actionable outcomes to advance socio-economic growth in the region.

Brand-new government space in CTICC 2

In 2025, the African mining industry will witness a transformative shift with a larger and more impactful government presence at Mining Indaba, following the relocation of government activities to the CTICC 2 building. This move aims to provide ministers with a larger and more collaborative space to participate in crucial discussions and projects for sustainable investment and development in the mining sector. With a focus on enhancing attendee experience, the new government hub will serve as a central point for ministers to navigate the full Mining Indaba event with ease.

Article contribution: Marcus Courage A Blueprint for Success – Furthering Mineral Value for African

Producers.

Intentional policies that maximise ore value offer a route out of poverty.

Too much of what is consumed on the African continent is not produced here, so we are continuously exporting and reimporting. We pay to ship raw materials abroad and then we pay again to import finished products after the value addition, which is costly and wasteful. We export the jobs that are created from value addition in the process, and we miss out on the tax revenues generated and industrial linkages created.

How can we both attract new mining exploration and avoid a situation in which African citizens see their minerals used to decarbonize the economies of wealthier countries without themselves benefitting from increased demand for clean energy technologies — all while enduring some of the worst impacts of climate change?

We need a new formula for success. This new formula requires a re-evaluation of the roles of the public sector, private sector and community representative groups in fostering local economic development. It requires close consultation between government and industry to codesign policies that stimulate investments in mineral value chains and support green industrialisation. It involves the formation of joint ventures across the value chain –from extraction to processing to manufacturing – aimed at achieving technological advancement within local industries to realise global competitiveness. Ultimately, the objective should be more equitable allocations of value, in much the same way that DeBeers and the Government of Botswana have achieved with the Debswana joint venture.

The journey to transforming minerals on the continent requires urgency, but it takes time. You need a set of capabilities within the local economy, such as cheap and reliable power, efficient transport and a skilled workforce supported by a capable services sector. Those nations that have these attributes will be able to capture more near-term opportunities, while those that don’t, won’t.

Governments seeking to force through changes to mining conventions or changes to mining codes to fasttrack local beneficiation may find that these measures only deter new investment and complicate operations for existing operators. While a leading exporter of a commodity may be in a stronger position to negotiate with operators than a marginal one, just occupying this position doesn’t guarantee a successful outcome, as Guinea, the world’s biggest exporter of bauxite can attest.

SEZs are back in vogue

To process more locally, more nations are turning to special economic zones (SEZs) as a solution. This demand has fueled the rapid growth of companies like Arise IIP - a developer and operator of special economic zones in Africa. By offering a combination of favourable regulations, financial incentives, and improved infrastructure within a defined geographic area, SEZs can supply an environment conducive to valueaddition, as the Government of Tanzania is seeking to do at the Kahama SEZ in the Northwest of the country, where Lifezone Metals and its subsidiary Kabanga Nickel, both BHPbacked companies are developing a nickel processing plant.

Beyond regulations, incentives and the requisite infrastructure to enable efficient communications, mineral processing and exportation, local value addition requires a skilled workforce. Without this there are limits to the opportunities and industries that can be developed, as Zambia and DRC are witnessing in their efforts to manufacture battery precursors. Among the many other measures needed to capture more of the green value chain market, nations must focus on developing vocational training and tertiary curricula that correspond to industry’s needs. We need to equip our youth with the skills they need to meet the demands of the energy transition.

Structural transformation

Africa has the natural resources, the labour force, as well as the renewable energy potential we need to maximise ore value on the continent without undermining the competitiveness of our exports. Achieving this requires a commitment from industry and government to shift the whole system - from extraction to manufacturing - towards more beneficial outcomes for all. It requires urgency, but the path to structural transformation is not linear and it takes time.

Failure is not an option

If we fail to industrialise, we risk fueling resource nationalism as the demand for minerals essential to the energy transition continues to grow. Ironically, the biggest challenge we face in rapidly scaling up clean energy technologies to meet our climate goals may not be resistance from carbon-intensive industries, but rather a shortage of the transition metals needed to support this shift.

We need a triple win in mining that secures the interests of African citizens, private investors, and the energy transition. The world cannot decarbonise without Africa.

Downstream Buyers at Mining Indaba

As the demand for electric vehicles and renewable energy storage continues to grow, Africa’s role in the global supply of battery minerals becomes increasingly important. Downstream buyers face challenges like supply chain transparency, geopolitical risks, environmental concerns, and price volatility. At Mining Indaba 2025 we aim to drive the conversation addressing these challenges to ensure sustainable and ethical sourcing practices and cultivating collaboration within the industry.

Laura Nicholson, Head of Content & Strategic Partnerships

• Collaborating with downstream buyers to drive long-term growth in Africa’s minerals supply chain Page 14

• Connect with Africa’s miners and build resilient supply chains Page 15

• Article contribution: Dr. Martyn Davies, Automotive, critical minerals and the new mercantilism

Page 16-17

Collaborating with downstream buyers to drive long-term growth in Africa’s minerals supply chain

Africa holds a significant portion of the world’s battery minerals which are essential for producing batteries used in electric vehicles and renewable energy storage.

The continent is continuously strengthening governance and reducing corruption, developing infrastructure, adding local value, attracting responsible investment, fostering regional cooperation, embracing ESG, building human capital and leveraging global demand of critical minerals.

This is crucial to automotive manufacturers, electronic devices and software and hardware components such as Apple iOS and Microsoft.

Downstream buyers must navigate complex issues while trying to meet the rising global demand for sustainable and ethically sourced critical minerals. These pain points include supply chain transparency and ethics, geopolitical and regulatory risk, environmental concerns, price volatility, infrastructure limitations and sustainable development and localisation.

Mining Indaba provides unique platforms and closed sessions for players in the supply chain to collaborate and proactively plan for the coming years.

The specialised downstream buyer programme aims to revolutionise the African mining industry by incorporating it across all content streams, from disruptive discussions to interactive workshops. As stakeholders delve into government policies, investment opportunities, and community engagement, they will play a crucial role in shaping a sustainable and prosperous future for the sector. The ability of downstream buyers to embrace change and support the mining sector will be instrumental in securing a thriving industry in Africa.

Connect with Africa’s miners and build resilient supply chains

Downstream buyers can network with key decision-makers, explore potential partnerships, and stay informed on industry trends and developments. Mining Indaba is a unique platform to establish your presence in the African mining market and expand your business opportunities.

Business Development and Partnerships

Building relationships and forging partnerships is essential for growth in the supply chain from mine-tobuyer. Downstream buyers including manufacturers: automotive, battery, energy, consumer technology and electronics, can engage in networking, identify potential clients and projects, and explore collaborations with mining companies, investors, and other industry stakeholders.

Showcase Products and Services

Showcase your products, technologies to a highly targeted audience. Mining Indaba provides a prime opportunity to demonstrate your value proposition and stand out from competitors.

Access to Market Insights

The comprehensive conference program covers key trends, challenges, and opportunities shaping the African mining industry. Attending the event enables downstream buyers to acquire valuable market insights, industry intelligence, and regulatory updates crucial for informing business strategies and decision-making processes.

Networking Opportunities

Mining Indaba serves as a platform that unites key stakeholders, investors, mining companies, government representatives, and industry experts from around the world. For downstream buyers, this presents invaluable networking opportunities to connect with potential clients, partners, and decision-makers in the African mining sector.

Article contribution: Dr. Martyn Davies, Automotive, critical minerals and the new mercantilism

The energy transition is driving an increasing convergence between the automotive and mining sectors. This convergence of interests is further driven by heightened geopolitical contestations between the leading Western economies and China which has taken a strong lead in the production of battery electric vehicles (BEVs) and which now poses a major competitive challenge to established automotive companies and their home manufacturing economies. China now accounts for 58% of BEVs manufactured globally.

Defining this convergence is the automotive companies having to secure their supplies of so-called critical minerals that feed into the battery production value chain – cobalt, graphite, lithium and nickel – through investments into commodity trading companies or directly into miners themselves. Automotive companies seek to reduce their exposure to potentially volatile supply and pricing in order to secure their supply chain. Beyond this more interventionist approach, we will see a trend of automotive companies aligning themselves to the national interests of their respective governments and their own (now revitalized) industrial policies.

Whilst there has been a cooling of demand for BEVs in European and North American markets over the past year, there is a sense of inevitability of the decarbonization agenda continuing to drive a strategic shift in powertrain away from the internal combustion engine (ICE) to battery. The International Energy Agency (IEA) has set a target of 60% market share target for BEVs by 2030 and it forecasts that 30 million tonnes of critical minerals will be required for the production of BEVs by this time.

It is reported that a conventional ICE requires approximately 35kgs of mineral inputs but a BEV requires significantly more at over 200kgs. McKinsey states that the green power transition will drive more than 50% of critical mineral demand by 2030. The demand side is long-

term apparent, the supply side less so with much recent price volatility in the market. This is exacerbated by the high concentration of key metals, especially cobalt, in a single country, namely the Democratic Republic of Congo (DRC) where roughly 75% of the mineral is mined and where Chinese companies own 15 out of 19 major mines in the country (Harvard International Review, 22 August, 2024).

The DRC presents a difficult source for multinationals to contend with – politically, environmentally as well as socially. Downstream, Chinese corporate interests control over 70% of the refined market and over half of other critical mineral inputs into battery production.

Rising geopolitical frictions between the United States, the European Union and China has resulted in more state-directed capital being directed toward sectors that are deemed “strategic” - foremost the critical minerals sector. Rising tensions between China and western economies are impacting trade patterns and resulting it protectionist practices emerging.

China’s alleged subsidized industrial strategy for BEVs is now resulting in the consolidation of a small number of auto companies which are expanding internationally at a rapid pace. China’s BEV exports amounted to almost 1.6m vehicles in 2023. This is having severe negative repercussions for western (in particular higher priced German) carmakers.

Competition around securing critical minerals for battery production is leading to “supply chain nationalism” vis-à-vis western automotive companies and China Inc. In response, automotive multinationals are adopting their own corporate foreign policies to navigate rising geopolitical complexities.

This rising mercantilism focusing on the energy shift is now playing out in the southern African region with the DRC and Zambia at the centre. Following over 20-years of Chinese engagement of the African continent - largely centred on energy & commodity security whilst at the same time expanding its political influence – a direct response from the United States to key Chinese interests has been belated.

Washington DC’s attention now focuses on the development of the Lobito Corridor from mining town Kolwezi in the DRC to the Angolan port of Lobito to lessen its reliance on a Chinadominated supply chain. The US International Development Finance Corporation (DFC) has invested US$250m and seeks to scale-up financing and crowd-in private investment around the Lobito Atlantic Railway (LAR) consortium made up of commodities trader Trafigura, Portuguese construction firm Mota-Engil and a Belgian railway operator Vecturis. The corridor links the copper belt to Africa’s west coast – a distance less than half of the alternative rail route to Durban. Beijing has responded with an additional US$1bn proposal to rehabilitate the Tazara railway line from the copper belt region to Tanzania’s Dar es Salaam port on Africa’s east coast.

In the early 2000s I recall addressing the executive management of Transnet about the pending geostrategic threat posed to their rail business if (or rather when) Africa’s colonial rail corridors were revitalized by China’s financing. I recall showing a rather dramatic and wellanimated Powerpoint slide to this effect! The bisecting of the sub-continent’s east-to-west logistics network rather than north-to-south would curtail its commodity business and strategically marginalize South Africa and its ports.

South Africa - with its substantive automotive sector - is floundering as to how to integrate its manufacturing interests and minerals supply chain for enhanced competitive advantage. Parks Tau, Minister of Trade, Industry & Competition (DTIC) engaging with Chinese auto BEV company BYD at the recent ChinaAfrica FOCAC Summit stated that “We have got the minerals that are indispensable.”

Industrial strategy has always involved the balancing of protectionism (through tariff and non-tariff barriers) and offering incentives toward domestic manufacturing value-add. Beyond this traditional approach, governments are now increasingly seeking involvement in the nexus between commodity and manufacturing value chains.

But for South Africa and other open economies that lack national champions and the financial firepower to manipulate or shape industrial sectors, it may be an over-stretch to strategically shape this new emerging new energy and power-train industry which other countries entered much earlier.

Industrial strategy must now be less interventionist and more enabling. This means active clustering of all inputs for enhanced competitiveness, human capital attraction, research & development support, and providing of creative incentives for local and multinationals to expand. South Africa has substantial mining and automotive ecosystems, but combining development imperatives with corporate multinationals’ strategies that seek to integrate the two will be a complex undertaking.

Technology at Mining Indaba

Advancing mining operations in Africa requires embracing new technologies and innovative approaches. The Technology and Innovation Hub at Mining Indaba 2025 is set to showcase the latest advancements that will future-proof the African mining industry. By focusing on sustainability, data-driven decision making, and disruptive innovation, this hub will provide valuable insights for the industry’s transformation.

Connel Rogers, Senior Content Producer

In this section

Industry Experts on the Technology & Innovation Committee

Bokang Kelepa Managing Director Baletsema Mining Services

Cela Lukhele

Senior Manager : Digital Data Transformation,Group Exploration, De Beers

Prof Francis W. Petersen Vice-Chancellor and Principal University of the Free State

Nivasha Sewpershad Business Development Manager for the Mining Sector, Siemens Energy

Open Innovation Studio Director COOi Studios

Joseph Starwood

Worldwide Mining Industry Leader Microsoft Corporation

Gobona Lizzie Tau Manager, DSINRF CIMERA

Jean-Jacques Verhaeghe Programme Manager Mandela Mining Precinct

• Industry Experts on the Technology & Innovation Committee Page 19

• Reasons to attend the Tech & Innovation Hub Page 21

• Experience cuttingedge innovations where technology and exhibition meet Page 22

Sandiso Sibisi

Reasons to attend the Tech & Innovation Hub

Equipment and Services

As Africa strives towards decarbonisation and sustainability, the role of new equipment in the mining industry is crucial. By examining the intersection of technology, sustainability, and workforce optimisation in African mining, we can better understand the potential for progress in achieving net-zero emissions. Additionally, exploring the challenges and opportunities presented by these advancements will provide valuable insights into the future of environmentally responsible mining practices on the continent.

There are questions regarding whether these advancements are truly sufficient in achieving these goals. At MI25, learn about the impact of technology on sustainability in African mining, as well as how data and artificial intelligence can optimise workforce efficiency in the pursuit of decarbonisation.

Major & Mid-tier Mining Companies

In the fast-evolving world of mining, major and midtier companies are constantly seeking innovative solutions to achieve their goal of zero harm. Technology plays a crucial role in ensuring the safety of miners and the sustainability of mining operations in Africa. However, the hidden costs of safety neglect in mining communities pose a significant challenge to reaching zero harm targets.

Exploration

Technological innovation in mineral exploration can improve efficiency and accuracy in identifying potential mineral deposits. By leveraging data and AI, companies can optimise their workforce and attract investment by showcasing the potential for successful discoveries.

Join us in exploring how these technologies are transforming the mining industry in Africa.

Experience cutting-edge innovations where technology and exhibition meet

Exploring Technological Advancements Empowering the Future of Technology

• The Tech and Innovation Hub will showcase innovative technologies and solutions in African mining.

• Exhibitors will showcase commitment to the just energy transition through decarbonisation techniques, circular economy solutions, and advanced data systems.

• Live Tech in Action demonstration sessions will allow delegates to experience these technologies firsthand.

• The latest automation technology will improve efficiency, reduce emissions, minimise environmental impact, and enhance safety.

• Live demonstrations will showcase the capabilities and quality of cutting-edge products, technologies, and machinery.

• Showcasing autonomous mining systems, sustainable practices, and AI applications with groundbreaking innovations and trends revolutionising the mining sector.

• Industry leaders like Al Etihad Gold Refinery DMCC, Africa Global Logistics, Boart Longyear, Caterpillar, Hexagon Mining, and SRK Consulting each play a pivotal role in shaping the future of mining through innovations in refining processes.

• Explore why implementing technologies like automated drilling systems, predictive maintenance software, and real-time monitoring tools optimises operational efficiency.

Sustainability at Mining Indaba

The Sustainability Series provides insight into the mining industry’s role in creating a sustainable future for Africa and uncovers that it can be a force for good in Africa’s quest for sustainability. Promoting ethical practices to protect the environment, we will explore the challenges and opportunities for the industry to contribute positively to the continent’s development. Ensuring that the industry operates in a way that benefits both current and future generations on the continent.

Connel Rogers, Senior Content Producer

In this section

• Industry Experts on the Sustainability Committee

Page 24

• Accelerating sustainable growth in Africa’s mining industry

Page 25

- Mining Companies

- Exploration

- Investors

• Driving Positive Change: Integrating sustainability into every facet is key to our approach

Page 26-27

• Bringing the voices of mining communities and indigenous people to Mining Indaba 2025

Page 28

• Article contribution: J. J. Messner de Latour, Sector Lead, Purchasing, Initiative for Responsible Mining Assurance (IRMA)

Future-proofing African Mining, Today! Giving a voice to future generations

Page 29

Industry Experts on the Sustainability Committee

Chairwomen of committee

Estelle Levin-Nally

Louis Maréchal

J.J. Messner de Latour

Raksha Naidoo

Shirley Hayes

Paul Sowley

Mamadou Bady Balde Dr. Tsakani Mthombeni

Fabiana Di Lorenzo, PhD

Isabelle Ramdoo

Kirsten Hund

David Sturmes-Verbeek

Daniel Litvin

Benitha Tambwe

Accelerating sustainable growth in Africa’s mining industry

Mining Indaba serves as a platform for industry leaders, government officials, and stakeholders to come together and discuss the path towards a more sustainable future for African mining.

The African mining industry has long been a significant contributor to the continent’s economy, but concerns over its environmental impact and social responsibility have been growing. With the rise in global awareness of sustainability issues, the industry faces an urgent need to adopt practices that prioritise long-term growth while minimising harm to the environment and local communities.

Mining Companies

Miners and their relationships with the communities they serve is at the heart of Mining Indaba and the Sustainability Series. The relationships between miners and the communities they serve are key to the success and sustainability of the industry. By exploring concrete strategies and initiatives that foster effective collaboration between mining companies and local communities, we can pave the way for a future-proof African mining sector that maximises benefits for all stakeholders.

Exploration

Exploration is an important part of Africa’s growth and progress, but it must be conducted with mindfulness toward the environment and the community at large. The Sustainability Series aims to explore sustainable methods in the African mining industry, focusing on collaboration efforts to drive progress. The series will discuss issues like mine closure, future-proofing, and the lack of circularity in mining strategies.

Investors

Investors looking to capitalise on the opportunities in African mining may find themselves grappling with the increasing focus on Environmental, Social, and Governance (ESG) requirements. As the continent seeks to attract sustainable investment, questions arise about the transparency and honesty of mining companies in reporting their ESG and sustainability impacts. Balancing the need for sustainable development with the looming threat of increasing infrastructure debt, Africa must navigate a delicate balance to safeguard its mineral wealth for next generations.

Driving Positive Change: Integrating sustainability into every facet is key to our approach.

Mining Indaba’s Sustainability Goals and Initiatives

• Actively contributes to community growth through initiatives like community recycling and women’s economic empowerment.

• Aims to mirror the diversity of the communities it operates in and advocate for a better shared future.

• Commitment to diversity, equity, and inclusion is not just a moral imperative but a strategic business decision towards a prosperous and sustainable future.

People, Communities & Collaborations

Our commitment extends beyond compliance, focusing on fostering knowledge and providing innovative solutions to ensure safe product use and minimise environmental impact.

Hyve has been purchasing delegate bags from Township® since 2018. Township is a Fair- Trade social company that promotes women’s economic development in South African township communities. They support five cooperatives that employ 45 women in the Cape Town townships of Khayelitsha and Manenberg. All of the Township’s items are manufactured from ecofriendly textiles such as jute, cotton, or recycled PET from plastic bottles. This year, the lining of the bags has been made using banners from MI24 the 30th anniversary, showcasing a commitment to upcycling and reusing materials. With the help of proud delegate bags sponsors like BME Omina Group and Gecamines, delegate bags are made with precision and care, further emphasising the importance of sustainability in their efforts.

Proud sponsors of delegate bags

Progress on our impactful initiatives

The beautiful new building at Masonwabe Educare symbolises hope and a promising future for the children and the community. The collaboration between Hyve and Breadline has truly made a difference in the lives of the children and the community, providing them with a sense of optimism and possibility for the future. The dedication and commitment shown by all involved have set a strong foundation for success and growth at Masonwabe Educare. Headteacher Thandiswa Nyikana is excited about the potential and positive impact this new building will have on the students and the surrounding community.

Thandiswa Nyikana, Headteacher, Masonwabe Educare

The newly rebuilt Masonwabe school in Barcelona, Gugulethu, is being hailed as a beacon of hope, thanks to a partnership between Hyve Group and Breadline Africa. The school, constructed using carbon negative building materials, now provides a safe and dignified learning environment for 76 children in the community. With the support of Ladles of Love, the children also receive nutritious meals, ensuring that they have the resources they need to thrive. This collaboration serves as a powerful reminder of the transformative power of working together towards a shared goal.

Bethany O’Connor,Senior Operations Manager, Mining Indaba, Hyve Group

Through collaboration with organisations like Hyve, Ladles of Love is able to provide nutritious meals and education to children in need. This partnership demonstrates the power of working together to make a positive impact on the lives of disadvantaged youth. By joining forces, we are able to give these children hope for a brighter future.

Danny Diliberto, Founder Ladles of Love

The impact of Early Childhood Development (ECD) facilities goes beyond just the children who attend them. The surrounding community also benefits from the presence of the centre, as they provide a safe and nurturing environment for children to learn and grow. The investment in this centre has a ripple effect, positively impacting not only the ECD itself but also the community at large. The centre plays an important role in fostering a supportive and enriching environment for both children and their families.

Janine McEvoy, New Business Development, Breadline Africa

Bringing the voices of mining communities and indigenous people to Mining Indaba 2025.

In 2025, Mining Indaba will, for the first time, recognise and acknowledge one of the African mining sector’s most important stakeholder groups – mining communities, civil society, and indigenous people. This landmark recognition will introduce dedicated sessions across various agendas to discuss critical issues related to their roles in mining, with the ultimate goal of building a transformed, inclusive, and sustainable industry together.

How can you play a role in achieving this?

Theme: What does Futureproofing African Mining mean for your community?

• Potential Reflection Prompt: As the manager of your local mine, list five priorities to ensure the local community benefits from mining activities.

• Video Duration: 3-5 minutes

• Submission Deadline: November 24th, 2024

• Eligibility: Submissions are open to individuals representing mining communities and indigenous peoples, civil society organisations, and activists across Africa.

• Participants must be at least 18 years old

• Language Requirement: Submissions must be in English.

*Competition T&Cs apply.

What you stand to WIN

Video submissions will be featured at the upcoming MI2025 event in Cape Town in February.

A panel of community-focused experts will evaluate all submissions based on creativity, relevance, and impact. The top submissions will receive free access to the Mining Indaba 2025 event and a chance to speak at the event.

Click to enter the video competition Today!

Article contribution: J. J. Messner de Latour

Future-proofing African Mining, Today! Giving a voice to future generations

Submission from the Initiative for Responsible Mining Assurance (IRMA)

As the global demand for more minerals grows, it is imperative that Africa’s mining sector adapt to ensure long-term viability. This process of future-proofing mining on the African continent not only involves adopting responsible mining practices today but also requires considering the voices of those who will inherit the mining sector’s social and environmental legacies for decades to come.

Mining operations present many of the greatest social and environmental risks in mineral supply chains, as well as opportunities to create positive outcomes. It is at this crucial first stage of production where mine operators, manufacturers, consumerfacing brands and investors must prioritise future generations as key stakeholders that are also impacted by their business activities. Young people, who are set to inherit both the benefits and the environmental legacies of mining, must have a voice in shaping the industry’s future. There are various tools companies and communities can use to better understand impacts at the point of extraction, including assessment of a specific mine’s performance against an established standard for responsible mining.

The value of such an assessment depends on the quality of the standard and on the rigor and independence of the actual audit process. Among the diverse ways in which these systems assess a mine’s environmental and social impacts, one of the most crucial is direct engagement of Indigenous rights holders and mining-impacted communities to hear from them during an audit.

This is where the Initiative for Responsible Mining Assurance (IRMA) can play a role.

An emphasis on elevating community voices is at the core of the Initiative for Responsible Mining Assurance (IRMA). Community members, including Indigenous leaders, have always had a place on our board. They have shaped both our standard and our system, and they continue to oversee IRMA as one of the governing houses alongside five other governing constituencies: labor unions, NGOs, mining companies, purchasers of mined materials and the finance sector.

IRMA believes the people most affected by a mine’s operations must be central to any assessment of its long-term impacts. These stakeholders must have the opportunity to ask questions, to express concerns, and to learn firsthand how a mining company intends to address their needs and share the long-term benefits.

Over the past several years, we’ve overseen an increasing number of independent audits and we’ve been exploring various approaches to better include communities living near mines in the process. We’ve done a great deal of testing and learning along the way, making small refinements and a few major course corrections, guided by insights from the six diverse constituencies who govern our initiative.

We’ve learned firsthand that successful stakeholder engagement, with community members of any age, must be anchored by trust—and that’s a foundation that can only be built over time. Establishing trust and support from local communities, particularly the youth, is a gradual process that requires consistent, transparent engagement and a long-term commitment to addressing their concerns. IRMA is committed to this long-term approach of listening and learning.

Our work continues today as we strive to make audits more rigorous, transparent and inclusive. By including input from all groups and individuals affected by mining operations, our ultimate aim is to advance for responsible mining, for the benefit of all.

We welcome you to learn more about our work on putting communities—including young people—at the center of our audit process. Our dedicated report on this topic is titled Listening to Communities: Ensuring Community Members Have a Voice in Mine Audits. You can this report on our website, responsiblemining. net, or by writing to us at info@responsiblemining.net

Finance & Investment At Mining Indaba

As the global economy continues to evolve, the commodities market remains a crucial factor in guiding investment decisions. Mining Indaba 2025 as always will offer exclusive opportunities to connect and engage with industry leaders, exchange insights with peers on market trends and discover new business prospects.

Arina Biguna, Senior Investor Relations Manager

Industry Experts on the Finance & Investment Committee

David Baker

CFO Elemental Altus

Caroline Donally Managing Partner, Sprott Streaming

Franklin Edochie SVP, Natural ResourcesMining & Energy, Africa Finance Corporation

Colin Hamilton Managing Director, Commodities Research BMO Capital Markets

Jito Kayumba

Special Assistant to the President of Zambia Government of Zambia

Ntoi Managing Director, AIIM

Executive DirectorEMEA Energy, Power, Renewables JP Morgan

Vuyo

Karan K. Rathi CEO Chillerton Group Limited

Semih Ozkan

What to look out for?

Investment Village

The Investment Village in CTICC1 is a hub for investors and mining companies to connect and explore opportunities within the African mining sector. The curated insights into the African mining landscape provide a comprehensive overview of the potential for growth and development in the region. Divided into three distinct areas: the Investment Lounge, ideal for networking and meetings; the dynamic Investment Theatre, hosting content such as Commodity Roundtables and the Dealmakers Den; and the engaging Explorers Showcase, where 40 exploration companies present their African projects for exploration. Whether you are looking to expand your portfolio or learn about the latest trends in the market, the Investment Village offers an engaging environment for collaboration and growth.

Investment Theatre

The Investment Theatre is the hub for Mining Indaba’s exclusive investment content, offering presentations, panel discussions, and insights tailored for investors and industry professionals. Here, you’ll gain valuable perspectives on global and African commodity market trends, emerging projects, and strategic insights that are shaping the future of mining investments.

Investment Lounge

The Investment Lounge provides a unique and exclusive environment for investors and mining companies to connect and collaborate during the event. This space allows for valuable interactions and opportunities to discuss potential partnerships or investment opportunities in a relaxed setting. From coffee breaks to one-on-one pre-scheduled meetings facilitated through the Mining Indaba App, this space is designed to enhance the conference experience for attendees looking to make valuable connections in the industry.

Explorers Showcase

The Explorers Showcase is a dedicated space where exploration companies with African assets exhibit. In 2025, 40 private and listed exploration companies with a market capitalisation up to $20m will be exhibiting. With an impressive range of commodities represented, from precious metals to critical minerals, the Explorers Showcase is the ideal place to engage directly with the management teams of early-stage exploration companies, gain firsthand insights into their projects and uncover promising projects before they reach full market potential.

Check the full agenda

Africa is ready to embrace a bold new future in mining. That’s why we believe in the power of positive disruption to unearth our clients’ sustainable growth ambitions through innovative funding solutions and expert capabilities. We are invested in your story and we invite you to write it with us.

cib.absa.africa

Dealmakers Den - Meet our judges

The Dealmakers Den, where Africa’s next mining giants are eager to make their mark on the industry. This electrifying arena brings together junior mining companies and investors in a high stakes showcase of innovation and potential.

The Dealmakers Den will highlight projects with strong economic and financial potential, advancing them toward feasibility and construction readiness. Only the most compelling projects will be able to attract the interest and investment of Africa’s leading decision-makers, as The Dealmakers Den turns the investment landscape into a dynamic battlefield. Get ready for a transformative journey where ambitious innovators and visionary investors converge, creating a dynamic intersection of groundbreaking opportunities and bold ambitions.

Mulumba Lwatula Deputy Head Investments – Mining Industrial Development Corporation

Tshepo Pitse Principal: Mining and Resources Investment Banking Nedbank

Bixa Mining Research Analyst NedBank

Erez Ichilov Founder and Manager Cedrus Arbor LLC

Navesh Ragoonanthun MD Energy and Natural Resources Peterhouse Capital

Willem Middelkoop Deputy Head Investments – Mining Industrial Development Corporation

Tayelor Chief Investment Officer Horizon Corporation

Joseph Brady La Mancha, Investment Manager

Find out more

Thobela

Richard

Next Generation at Mining Indaba

The Mining Indaba 2025 is an important platform for young voices to contribute to the future of the African mining industry. It’s time to spearhead the evolution of a new generation of miners and mining techniques that includes exploring new methodologies, moving away from traditional practices, and embracing innovative ideas and processes that have not been fully explored yet. By harnessing the creativity and fresh perspectives of the next generation, we can pave the way for a more efficient, responsible, and successful mining sector in Africa.

Laura Nicholson, Head of Content & Strategic Partnerships

In this section

• Empowering the NextGen of young mining professionals to ensure Africa’s mining industry has a promising future

- Next Generation

- Young Professionals Programme

- PhD Students at Mining Indaba Page 36-37

• Future Leaders

- LEAD Alumni Impact at Mining Indaba Page 38-41

Empowering the Next Generation of young mining professionals to ensure Africa’s mining industry has a promising future

Next Generation

The emerging young leaders in the mining industry are the voices of tomorrow who will shape the future with their innovative ideas and bold visions. For a sustainable future, these up-and-coming voices in the mining sector will inspire positive change and offer new insights.

Initiatives under the NEXTGEN segment provides a platform for interaction between key industry stakeholders, young leaders, and higher education institutions. These initiatives aim to equip the next generation of mining professionals with the necessary skills and knowledge to drive innovation and sustainability in the industry. By fostering collaboration and mentorship, the NEXTGEN programmes are paving the way for a more dynamic and inclusive mining sector in Africa. The youth are the driving force, innovators, and those who will successfully lead the African continent into the next phase of economic development and growth.

Young Professionals Programme

The Young Professionals programme at Mining Indaba 2025 aims to empower and inspire the next generation of mining professionals. The programme goals are to equip young leaders with technical skills in mining operations, develop leadership qualities, and provide knowledge of sustainable practices in the industry. The Young Professionals programme aims to showcase the perspectives of young professionals on the controversial issues surrounding African mining through dialogue and debate.

Find out more

PhD Students at Mining Indaba

This year, Mining Indaba is making history by featuring PhD students at the forefront of discussions and presentations. These students bring innovative ideas and fresh perspectives to the table, promising to shake up the traditional narratives of the mining industry. As they take the stage, they are sure to ignite engaging conversations and inspire positive change within the industry.

Disruptive Discussions:

Industrialising Africa - what will it take to increase investment in midstream and downstream manufacturing facilities?

• Nicole Uys, PhD student, University of Cape Town

Tech & Innovation Hub programme:

Mining and grid stability: What is the way forward?

• Masego Maxwell Sabisa, PhD student, North West University

Sustainability Series programme:

The communities we leave behindand the impact of mine closure

• Helene-Marie Stander, PHD Student University of Cape Town

Why aren’t miners putting circularity at the heart of their strategies?

• Sage Govander, PhD student, University of Cape Town

Intergovernmental Summit programme:

The climate imperative - prioritising a continental just energy transition

• Tapiwa Chimbganda, Just Tranisition Manager GIZ Developing the future generation – upskilling the youth

• Cara Haller, PhD student - Department of Process Engineering, Stellenbosch University

What does an explorer of the future look like? New approach, new investment opportunities?

• Thabo Kgarabjang, PhD student (University of Limpopo) Center of Excellence In Integrated Mineral and Energy Resource Analysis

Disruption required - time for a new deal with local communities?

• Tumelo (Tumi) Tsoku, PhD student, North-West University

Land - the essential ingredient for mining, yet also the most contested

• Phumudzo Gift Munyai-Matshotshi, PhD student / Innovation Champion for Local Economic Development, University of Venda

A new talent pool - preparing tomorrow’s next generation of miners in an evolving technology world

• Peace Zowa, PhD Student, Witwatersrand University

Rare earth elements: Still rare in the just energy transition?

• Ronaldo Malapana, PhD student, University of Limpopo

Future Leaders

The partnership between Investing in African Mining Indaba and the University of Cape Town’s Leaders in Extractives and African Development (LEAD) Programme in 2025 aims to empower the next generation of leaders in the mining industry. The Future Leaders Initiative, now in its second year, features some of the industry’s best and brightest talent throughout the conference and provides LEAD participants with a unique opportunity to engage directly with CEOs, government officials, and industry experts. By connecting emerging leaders with key decision-makers and highlighting their voices in global conversations on the future of mining, we aim to equip the leaders of tomorrow with the tools to drive meaningful transformation and sustainable development across Africa’s extractives sector.

The UCT LEAD Programme

Sustainability Leadership in Action to Future-Proof African Mining

LEAD Programme Overview

The Leaders in Extractives and African Development (LEAD) Programme at the University of Cape Town is a unique initiative aimed at developing the next generation of leaders. By equipping young professionals with the skills and knowledge, LEAD seeks to drive sustainable development and transformation in industry, government, and civil society. The LEAD Alumni Network incorporates the alumni from the LEAD predecessor programme, Emerging Leaders in African (ELAM). Our 153 alumni represent 28 African countries with 32% women representation from civil society, industry, academia and government.

The Anatomy of the Programme

The University of Cape Town’s LEAD Course provides participants with an exclusive opportunity to learn about the complexities of Africa’s extractive sector. From exploring environmental and social impacts of mining to engaging with industry leaders at Mining Indaba, the curriculum is designed to challenge and develop personal leadership skills. With a focus on collaboration, sustainability, and systems thinking, the programme aims to equip participants with the tools needed for decision-making in a complex and multifaceted industry.

FUTURE-PROOFING MINING

AECI Mining is a leading partner in making mining safer and more e cient for a better world. We o er state-of-the-art mining chemicals that optimise mineral processing, ensuring e ciency and environmental responsibility. Our explosives portfolio caters to diverse blasting needs, enhancing safety and precision in mining operations.

LEAD Alumni Impact at Mining Indaba

Individual growth | Marit Kitaw Driving the African Mining Vision

The African Mining Vision (AMV) is a strategic framework aimed at promoting sustainable development in Africa’s mining sector, in order to harness the continent’s mineral wealth for the benefit of all its people. Dr. Marit Kitaw, an esteemed alumni of the LEAD Programme, is at the forefront of implementing the AMV as the Interim Director of the African Minerals Development Center. Her expertise and commitment to sustainable development have been instrumental in advancing the goals of the AMV, making significant strides towards a more inclusive and sustainable mining industry on the continent. Dr. Kitaw’s work exemplifies the impact that LEAD alumni are making in shaping Africa’s future through effective policy implementation and collaboration.

Organisational influence

Cynthia Simkhonda | Sustainable Artisanal Mining Applied for Livelihood Advancement for Youth and Women Project

The Sustainable Artisanal Mining Applied for Livelihood Advancement (SAMALA) project in Chikwawa District, Malawi, aims to transform the artisanal salt mining sector by promoting environmental conservation and gender inclusivity. Led by Cynthia Simkhonda, Program Coordinator at IM Sweden, the project introduces improved mining practices and diversified income-generating activities to enhance economic stability and environmental sustainability for the community. Despite the challenges posed by climate change, the SAMALA project demonstrates the potential for communities to thrive through innovation, collaboration, and sustainable development.

The LEAD Programme is a transformative initiative that equips emerging leaders in the African minerals sector with tools and knowledge to navigate sustainable leadership challenges. It fosters dialogue among young professionals, industry experts, and policymakers, empowering participants to drive sustainable development and provides mentorship opportunities.

Thabani Mlilo, Professor | Director of LEAD Alumni Affairs and Mentorship University of Cape Town

Collaboration

| LEAD Alumni collaborate to establish a new and transparent Malawi Minerals Commission

What began as a conversation on the sidelines of the 2024 Mining Indaba and the LEAD Programme between UCT LEAD 2024 participant Edwin Wuadom Warden from the Extractives Initiative Transparacy Intiative (EITI), Alumni Nelson Chimwemwe (LEAD 2023) from Malawi and Augustine Mubanga (ELAM 2014) and Professor T.B Mlilo evolved into a peer-learning exchange journey between Malawi and Ghana. Malawi and Ghana are collaborating on a peer-learning exchange journey, aiming to increase the contribution of the extractive sector to the GDP from 1% to 10% by 2030, following a conversation during the 2024 Mining Indaba. The Chakwera-led government recently approved the Mines and Minerals Bill of 2023 and signed Mining Development Agreements with mining companies, marking a significant step towards achieving the goal of increasing the extractive sector’s contribution to the GDP. These agreements pave the way for the resumption of operations at the Kayelekera Uranium Mine and initiate Rare-earth mining. The Malawi Minerals Commission regulates the mining sector, while Ghana’s Minerals Commission promotes sustainable practices. EITI collaborates with the Commission to improve transparency, disclose mining contracts, and use beneficial ownership information for due diligence in awarding mineral rights.

Augustine Mubanga

Edwin Wuadom Warden

Nelson Chimwemwe

Meet some of Mining Indaba’s speakers for 2025

Dr. Patience Mpofu CEO, Non-Executive Director Insight Mining Experts, Orion

Nechan Naicker Group CEO Megamillion Energy

Robert Friedland Founder and Executive Co-Chairman Ivanhoe Mines

Linda Omara Koledade

Mining & Metals Dealmaker, Start-up Mentor, Founder IDC, Savant,Mustard Seed

Dr. Thuthula Balfour

Head - Health and Safety Minerals Council South Africa

Virginie de Chassey Chief Sustainability and External Affairs Officer Eramet

Zikalala CEO Kumba Iron Ore

Assheton Carter CEO TDI Sustainability

Mongezi Veti Chief Sustainable Impact Officer Exxaro Resources

Anneline Sonpal Partner Singular Group

Mpumi

Ana Hajduka

CEO and Founder Africa Green Co

Benitha Tambwe Expert-Head of Strategic Partnerships

DRC Ministry of Mines (CTCPM)

Catherine Raw Chief Development Officer BHP

David Khoza

Technical Director Intergrated Geoscience Solutions

Craig Miller CEO Anglo American Platinum

Gracelin Baskaran

Founding Director – Project on Critical Minerals Security CSIS

Dr. Zainab Usman Director CEIP

Moses Madondo

CEO De Beers Group Managed Operations

Mihlali Sitefane Director and Founder Sitef & Co

Raadiyah Emam Head of Investor Relations Ankh Resources

#ONTHEGROUND INTRODUCING MITV SEASON 1

MITV #OnTheGround Season 1 offers a unique perspective on the dynamic mining world through the stories of resilience and progress within Africa’s mining industry, shedding light on the positive impacts and advancements being made.

Follow along as we explore the Venetia diamond mine in South Africa, owned by De Beers Group, and discover the impressive technological advancements and community impact of this industry. From empowered women to innovative technologies, this series promises to be both enlightening and inspiring.

Episode 2: Inside the Control Centre Powering

Autonomous Mining

This episode provides insights into the heart of the Venetia operation—the control centre—as well as how an autonomous mine relies on seamless integration with a data processing facility.

Beneath the Surface: Exploring Venetia’s Autonomous Mining Style

We take you on an immersive journey to Venetia Diamond Mine to see its cutting-edge autonomous mining operations. Laura Nicholson ventures underground and examines true innovation behind the systems driving efficiency and safety which are crucial to the evolution of mining.

Episode 3: Women in Mining

Hear one of Venetia’s most influential women share her experiences and insights, as her executive abilities are critical to the mine’s underground performance.

Episode 4: New Episode Release date:

21 November Through sustainable initiatives and partnerships, De Beers Group is creating lasting positive impacts on the lives of individuals and families in Venetia. This touching episode demonstrates how a single mine goes beyond a mere checklist task of giving purpose to the people in its community.

121 MINING INVESTMENT EVENTS CONNECT PORTFOLIO MANAGERS AND ANALYSTS FROM INSTITUTIONAL FUNDS, PRIVATE EQUITY GROUPS AND FAMILY OFFICES WITH MINING COMPANY MANAGEMENT TEAMS, BOTH ONLINE AND IN-PERSON.

Are you looking to revolutionise your brand and gain industrywide recognition? Advertising in The Mining Pulse will put your brand in the “palm of the right hands” of your target audience.

Be seen by an audience of more than 8100+ prominent mining authorities and decision-makers.

Increase your company’s visibility and reach your desired target audience.

Establish a direct connection between your brand and Mining Indaba, a prominent and reputable brand.

Expand and strengthen your brand’s discoverability throughout the entire mining value chain.

Distribution onsite

• Monday, Tuesday, Wednesday and Thursday

Advert availability

• 4x A4 full-page adverts per issue

• 4x half-page adverts per issue

Premier and Gold media partners

News from our Premier Media Partner Future Proofing African Mining, Today: Net-Zero Targets and Sustainable Strategies

Katie Gordon, Associate Editor, The Assay

As we look to embrace a transformative era for African mining, Mining Indaba has revealed its much-anticipated theme for 2025; ‘Future Proofing African Mining, Today’.

The words ‘future proofing’ stand tall against the back drop of today’s universal ambition to do better, be better, and to become more aware of the climate implications of our actions for generations to come, particularly in the mining sector.

One of the most intrinsic pillars to this theme, and one which will undoubtedly have a ripple effect in future, is the mining industry’s commitment to Net-Zero and energy transition strategies.

Africa and Net-Zero

Climate change has a major impact on a large variety of countries within Africa, threatening to push millions of Africans into poverty by 2030. Many African countries have made significant developmental achievements in the last few decades with annual growth steadily increasing.

In fact, The African Development Bank Group reported that real gross domestic product growth for the continent is expected to average 3.8% and 4.2% in 2024 and 2025, respectively. This is higher than projected global averages of 2.9% and 3.2%. Yet, extreme weather, water contamination, and climate risks threaten to diminish these gains, and increasingly cast a magnified focus on mining operations across the continent, due to the environmental impacts directly caused by the industry.

As recognized by MI25, transformative net-zero policies and climate-smart operational strategies, are crucial to future proofing the African mining sector, and establishing it as a champion of change in the global drive to reducing emissions. Green mining and harnessing the extended reach of mining with renewable energy will not only unlock major economic opportunities for African countries, but also deliver towards greater country objectives for clean energy.

African leaders embraced this notion of ‘adaptation’ as a key catalyst at last year’s COP28 event held in Dubai.

“The extraction of critical minerals for the clean energy revolution – from wind farms to solar panels and battery manufacturing – must be done in a sustainable, fair, and just way,” the UN chief said, adding that the demand for minerals, such as copper, lithium and cobalt, is set to increase almost fourfold by 2030.

“We cannot repeat the mistakes of the past” with a systematic exploitation of developing countries reduced to the production of basic raw materials.

Undoubtedly, all the attendees at MI25 will bare these responsibilities – and ESG, net zero, and sustainable practices remain at the forefront of their operational initiatives.

Mining Indaba, and 121’s Mining Investment Cape Town event, are the perfect opportunity for those in the metals and mining spaces to really guide the narrative future proofing mining operations, whether that is in Africa, or across the globe, and is one of the many reasons they attract key players in the mining and investment spaces.

News from our Gold Media Partner SA copper developers define 2.5Mt in metal output

Brendan Ryan, Miningmx

Just how big could copper production in South Africa’s Northern Cape become? Pretty substantial, according to two local developers of the mineral who believe the province could even recapture its glory days of the Seventies.

“We believe that in the long term we can get our set of properties at Okiep back to their historic production levels of around 30 000t/year of copper metal,” says Orion Minerals CEO Errol Smart. “In total the Okiep area produced up to 60 000t/year of copper and I believe between Jan (Nelson) and ourselves we can do that all over again … and possibly more.”

Nelson, who is CEO of Orion’s rival in the Northern Cape, Copper 360, says his company has “a clear plan” to produce 50 000 tons – production that will be funded “mostly” from cash flow. “But, and I don’t want to get ahead of myself, there are other projects we are looking at which show us we could eventually get to 100 000t,” he says of future annual production.

Looking even further ahead at the long-term future of the Northern Cape, Nelson says there are still big pieces of the copper-bearing region around the areas controlled by Copper 360 and Orion extending up into Namibia. Bringing in new participants would depend on South Africa presenting itself as an attractive destination in which to do business – something it had failed badly to do so far.

Smart reckons that just might be happening following the outcome of the latest elections, which he described as an unexpected black swan event. Orion has been “inundated” with queries since the formation of the GNU (Government of National Unity) with people who previously were “not prepared to write cheques” now apparently prepared to take another look at investments in South Africa.

Copper 360 is the most advanced of the two companies with a couple of producing plants in operation near Nababeep as of June, and a third due to kick in from August.

Orion Minerals is at least 18 months behind with its projects around Nababeep as well as starting the production of copper concentrate at its Prieska project as it still has to build the concentrator plants. While mining shallow surface ore block and mine pillars at Prieska is under way, dewatering the mine could take three years at least before Orion accesses the deep-level ore zones.

“Prieska is fully permitted, mining is under way and we are stockpiling ore on surface. The first three years of ore production at Prieska runs at an average grade of 2.4% while the average at Okiep is going to be 1.4%,” says Smart.

In April, Smart disclosed a series of drill results from its Flat Mine project at Okiep which included a “standout intercept” of 49m at 4.89% copper from 231m down hole including 10.23m at 12.47% copper. He described that as “one of the highest-grade intercepts reported in South Africa for the last 40 years”. “For me as a geologist this underscores the huge potential of Orion’s 641 square kilometres of mineral right holdings which contain literally hundreds of mapped, outcropping mineralised bodies.”

A scoping study for Okiep was “looking at” production of around 9 000t/year, but further details were dependent on completion of the bankable feasibility study and its validation by independent experts, Smart says.

News from our Gold Media Partner Strength in numbers: Collaboration makes a greater impact

Gerard Peter, Mining Review Africa

The Impact Catalyst is a groundbreaking platform in South Africa’s mining sector, addressing legal challenges faced by mining companies in collaborating.

The Impact Catalyst was formed in 2019 to create mechanisms that drive socio-economic development initiatives through public-private partnerships. Its founding partners were Anglo American, Council for Scientific and Industrial Research (CSIR), Exxaro, World Vision South Africa, the Industrial Development Cooperation (IDC) and Zutari. It began its work in 2020, and today, board members comprise Anglo American, CSIR, IDC, Sasol, Kudumane Manganese Resources (KMR) and the Minerals Council of South Africa.

In addition, the organisation works with various mining companies, communities, corporate organisations in South Africa and municipalities on a regional level. It also works with government departments through the office of the premier in each province.

“Most of our partners had a problem where they were investing money in communities through different mechanisms such as Corporate Social Investment (CSI), Social and Labour Plans (SLPs), Socio- Economic Development (SED) and Enterprise and Supplier Development (ESD) funding. However, they have had limited impact on a regional level because they are focused on specific communities. By pooling resources, it is much easier to replicate those programmes on a bigger scale over time, ensuring a bigger impact.”

Areas of impact

The Impact Catalyst has outlined several initiatives to enable socio-economic development. This includes economic development, health, education, social empowerment, service delivery and environmental sustainability.

“We started with a process of doing regional planning to identify the quick wins that will deliver impact. It was accomplished through spatial planning using multiple data sets to identify areas that, for example, had manufacturing or agricultural potential and those needing education and healthcare interventions. In doing so, we could apply short-term initiatives,” explains Harding.

Following on from there, the Impact Catalyst now uses investment plans to ensure long-term socioeconomic development. “For example, in the months ahead, we will introduce an investment plan in the Northern Cape. This will direct us in how we invest and make an impact in the province,” adds Harding.

“To date, we have trained about 260 farmers on farming and breeding methods and given them access to markets. We have also donated cattle to them aiming to create an additional R3 million in revenue and 1 400 jobs in the next five years,” Harding states.

For the past two years, the organisation has been part of the IDC’s social employment fund and appointed 6,466 youth in three provinces who were employed in alien vegetation removal, setting up community gardens and waste management.

“These individuals are cleaning up around the mines, and we have set up waste recycling plants which contribute to the waste economy,” Harding adds.

The Impact Catalyst has also built a fresh produce market in Rustenburg, which opened for trade last September and will be officially launched this year. The market will significantly impact smallscale produce farmers in the area. Not only will it provide an avenue for them to sell their goods, but is expected to create 1 000 indirect jobs as well as stimulate the farming community in the region.

“It is never easy for parties to sit around the table and collaborate. Some feel they lose control over how programmes are to be implemented. At the same time, you also gain much insight by partnering with each other.”

News from our Gold Media Partner Sibanye-Stillwater reports 9% y/y growth in adjusted earnings for third quarter

Darren Parker, Creamer Media Senior Contributing Editor Online

Diversified miner Sibanye-Stillwater has announced a 9% year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to $184-million for the third quarter ended September 30.

The group’s South African gold operations were a major contributor to the Ebitda increase, achieving a 292% increase in adjusted Ebitda to $75-million, largely driven by a 24% rise in the rand gold price.

Sibanye-Stillwater’s South African platinum group metals (PGM) operations achieved a 5% increase in platinum, palladium, rhodium and gold (4E) production with stable costs, generating an adjusted Ebitda of $88-million.

The group’s Century operation, in Australia, reported a 9% increase in zinc production, with well-managed costs resulting in a significant 966% year-on-year rise in adjusted Ebitda to $31-million.

For the quarter, Sibanye-Stillwater reported several operational and financial improvements, including a year-on-year improvement in group safety, a strong balance sheet and a healthy liquidity position.

The company expects its US PGM operations to benefit significantly from amended Section 45X of the Inflation Reduction Act (IRA).

“The third-quarter operating results reflect the benefits of the actions we have taken to optimise our operations and improve group profitability,” Froneman said, adding that while there were “solid operational deliveries from the South African PGM and US PGM operations”, low PGM prices continued to put margins under pressure, limiting growth in adjusted Ebitda.

With the expectation of continued production improvements and cost savings in 2025, Froneman expressed confidence in the company’s ability to deliver on strategic goals.

“The final Section 45X rules have been amended to include extraction and processing in addition to refining costs,” Froneman said, which is expected to provide significant support for the US PGM operations.

While further clarification from tax advisers is awaited, he said the group estimates that benefits from these adjustments could total about $140-million for 2023 and $100-million for this year.

Froneman praised the alignment of Sibanye-Stillwater’s US and European strategies with the IRA’s objectives to promote domestic clean energy production.

He also highlighted the Keliber lithium project recently receiving its €500-million green loan supported by the European Investment Bank, Finnish credit agency Finnvera and a consortium of global banks.

“The group is financially secure and, with further production and cost benefits expected during 2025 from operational restructuring and optimisation, management believes it is well positioned for ongoing strategic delivery and shared value creation,” he said.

News from our Gold Media Partner Stability not grants at the heart of critical minerals success

By PayDirt

Forget grants, companies want stability

The energy transition may represent Africa’s greatest ever opportunity to build out its minerals supply chain but governments on the continent will need to strike a balance between supply, demand and capacity if they are to capture the maximum value available.

Demand for greater diversity in the global supply chains for key commodities such as copper, lithium, graphite, rare earths has led countries around the world to offer massive incentives to miners and refiners to build supply chains which do not rely on China.

Given their vast reserves of these minerals, African countries are attracting interest from these foreign players, with trillions of dollars available to improve supply chains. Several nations see the boom as an opportunity to advance beyond the traditional dig-and-ship model and build downstream beneficiation industries but the transition is proving more complicated than anticipated.

Many of the delegations in Perth recently for Africa Down Under used the opportunity to learn from Australia’s experience of attempting the same conversion. However, they learnt that process was far from easy.

For all its resources, skills and infrastructure advantages, Australia has struggled to successfully develop a downstream industry and for African states hopeful of building valueadded industries, infrastructure looms as a key component.

Governments can provide tax incentives and production credits but if proponents cannot find reliable sources of power and water, and affordable logistics to move reagents in and product out, any downstream dream will fail to materialise.

For many miners, governments should concentrate on providing the enabling environment for upstream development, with the issue of value-addition to come later.

South African Minerals Council chief executive Mzila Mthenjane said while a reputable long-term goal, downstream processing shouldn’t prove a distraction to upstream development.

“Let’s first be expert in how we extract the minerals,” Mthenjane said. “Any business needs to establish a market outlook and be competitive and South Africa [and other African countries] needs to look at the extent to which it can extract minerals competitively, on cost but also competitive on safety, the carbon footprint and responsible mining. Only then can we consider which commodities make sense to beneficiate, because it won’t be possible to beneficiate all minerals.

“We are not saying we shouldn’t consider downstream, but that through strategy we develop a plan, not a kneejerk reaction.”

While the West is a long way behind China in its engagement over Africa’s natural resources, the US and

Europe’s own supply chain ambitions are propelling them towards greater diplomatic and economic engagement and African projects are likely to benefit from the trillion dollar incentive packages established in both regions.

US Vice President Kamala Harris visited Africa last year while Kenyan President William Ruto undertook the first official state visit by an African President to the US since 2008.

Washington was also clearly on show at the 2024 Mining Indaba, where US Senior Adviser to the President for Energy and Investment, Amos Hochstein said the Biden Administration was looking for a new model of engagement on the continent.

“What we want to say is, how do we partner with African governments and African industry and use American capital, American government capital, to incentivise investment both in the mining industry but also in the infrastructure that needs to be built out in order to make this an efficient industry,” he said.

US and European funding was a key topic of discussion at the recent Africa Down Under conference in Perth, Australia.

Simon Hay, managing director of Australian lithium company, said while the potential for grant funding from western governments did factor in the company’s current search for a new project, having earlier this year agreed to exit the Goulamina JV in Mali, it wasn’t a defining influence.

“For critical minerals, access to market is what is more important at the moment,” Hay said. “Whether your project qualifies for IRA funding or the battery passport in the EU, there are other incentives at the other end of the value chain that need to be taken into account.”

Instead, Hay said, it would be jurisdictions which provided stable, predictable legal and regulatory frameworks which would see their critical minerals developed.

“The primary is to go where the resources are. Grant funding can play a part, but I wouldn’t want to rely on incentives in a decision to acquire a project,” he said.

Political stability will also be crucial in miners choosing where to build downstream processing infrastructure.

Jupiter Mines Ltd is considering how to make the leap from manganese concentrate to manganese sulphate production. Managing director Brad Rogers said the cost of building downstream capacity was such that

“Critical minerals involve building very capital-intensive infrastructure, it’s not just mining, its chemical processing in our case we will need $430 million of capital to build our conversion facility for battery grade manganese,” Rogers said.

“The demand we’re all shooting for is not now, it is in 5-10 years’ time, so in order to have the certainty to invest in the infrastructure, certainty is a bigger factor than grant funding.”

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Want to get in contact with the team to start building your Mining Indaba experience? Contact the team below:

Fred Noce

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Andy Stewart

Key Account Director andy.stewart@hyve.group

Key Account Director – Africa, Americas & Asia alfonso.jugo@miningindaba.com

Nathan Hirsch

Alfonso Jugo Natallia Zhuk

Key Account Director – South Africa, Namibia & Zimbabwe nathan.hirsch@miningindaba.com

Key Account Director – Europe & Australia natallia.zhuk@miningindaba.com @MiningIndaba #MI25