Mining Indaba – Day 2 round-up. Presidential addresses, sustainable development and investment battlefields…

Day 2 of the 25th Anniversary Mining Indaba in Cape Town was incredibly busy with several keynote speeches and panels. Star billing went to His Excellency Cyril Ramaphosa, President of the Republic of South Africa, who delivered his keynote speech at 15:00 on the Main Stage to a packed auditorium. President Ramaphosa’s message was towards the international investors present, and was that South Africa is taking practical measures to build an economy that is underpinned by inclusive growth, competitiveness and transformation.

“I am truly honoured to have been invited to join the Mining Indaba as it celebrates its 25th anniversary. It is fitting that this occasion should coincide with the 25th anniversary of the achievement of democracy in South Africa, given the significant role the mining industry has played in the construction of present-day South Africa.”

The morning also saw the opening keynote speech by His Excellency Nana Akufo-Addo, President of the Republic of Ghana. President Akufo-Addo reflected on the need for collaboration to create shared and inclusive value for all stakeholders.

“Mining is a necessity, not just an indulgence. We must strike deals that are fair to both sides. Negotiations between companies and governments should be transparent, and accessible and easily understandable by citizens. We know that the extractive sector can be the champion of economic growth on the continent – it has great potential for job creation and can form the basis for transformation. In Ghana, we hope to establish an equitable balance between our needs and the needs of the investor community. It is time for the mineral sector to produce win-win situation for all stakeholders.”

Day 2 was Sustainable Development Day with the Opening Canada Session on Stage B, ‘Bringing Responsible Sourcing to Life: What Does it Mean to Mines and Communities?’ with moderator Veronica Nyhan Jones, Manager Sustainable Infrastructure Advisory from the IFC. Keynote speaker was the Hon. Godfrey Oliphant, Deputy Minister of Mineral Resources, South Africa. Speakers were Pierre Gratton, Mining Association of Canada, Gillian Davidson, New Gold & Global Battery Alliance, Aimee Boulanger, IRMA, and Mark Dawe, B2Gold.

On the Junior Mining Forum Stage, Japan was the focus in the session ‘Japan: Changing the Supply Chain of Electric Vehicles’. Opening remarks came from Japan Oil, Gas and Metals National Corporation (JOGMEC) Chairman Tetsuhiro Hosono. JOGMEC actively carries out joint venture (JV) exploration activities with overseas national corporations and private metals companies, through satellite image analysis, geophysical exploration, geological and drilling survey. When obtaining promising result by those activities, JOGMEC’s position in the project may be transferred to Japanese companies.

With the focus on battery metals and electric vehicles, it was encouraging to hear Noriya Kaihara, Managing Officer of Honda, delivering a speech on ‘The Battery as Key Driver for Decarbonized Society’. Kazunori Tanaka of Panasonic spoke on ‘Procurement Trend of Raw Materials for Batteries’. Closing out the forum was Mitsuya Hirokawa, Executive VP of JOGMEC.

Energy Minerals-Early Stage Exploration/Advanced Exploration Development were highlighted in the morning session of the Investment Battlefield where five projects were pitched followed by the judges feedback, with Dean McPherson, Head of Global Mining, TSX & TSX Venture Exchange as Chair and Moderator. The judges were Shoaib Vayei, Johan Bester, Patrick Chidley, Ntombi Mazubane and Nthabeleng Ledwaba.

In the afternoon session of the Investment Battlefield there where twelve projects being pitched followed by the judges feedback, with Sanan Nourbakhsh, Specialist Sales Metals and Mining, Berenberg, was Chair and Moderator and Dean McPherson, Head of Global Mining, TSX & TSX Venture Exchange was also a Chair and Moderator. The judges were Ingo Hofmaier, David Awram, Peter Ruxton, Andrew Cheatle, Amanda Van Dyke, David Awram, Ursula Maritz, Michael Anderson, Pim Kalisvaart and Guy de Freitas.

Stay tuned for day 3 which will include Intergovernmental Summit, Mining 2050 and continuation of the Investment Battlefield.

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