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Exploration in Africa WhyAfrica’s focus at Mining Indaba

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WhyAfrica visited several early stage exploration projects during its 2022 Southern Africa Road Trip. Exploration is key to unlock growth of the mining sector in the region and early exploration projects will be a key focus at the 2023 Mining Indaba in Cape Town. Image credit: Leon Louw for WhyAfrica

Exploration in Africa WhyAfrica’s focus at Mining Indaba  

As a media partner WhyAfrica will once again be present at the 2023 Mining Indaba, to be held in Cape Town from 6 to 9 February 2022. WhyAfrica’s focus will be specifically on Indaba’s Explorers Showcase and new exploration projects in Africa.

Mining and minerals exploration has been touted as the key to unlocking post-pandemic recoveries across Africa. To encourage greater interest in exploration, and the role of junior miners in the mining value chain, Mining Indaba is introducing the Explorer’s Showcase in 2023.

As a media partner, WhyAfrica will focus specifically on new exploration projects during the course of what promises to be an exciting week in the African mining space. Members of WhyAfrica will get a first hand account of developments within this very important sector.

This brand-new initiative will spotlight exploration and early development companies with assets across Africa. It offers exploration companies with a market capitalisation of no more than USD25-million and projects located in Africa an opportunity to present their plans to investors and top financiers attending the event.

Explorers critical to ensure sustainable investment (Exploration in Africa WhyAfrica’s focus at Indaba 2023)

“We are delighted to launch the Explorers Showcase this year, which is set up to support early-stage mining companies with their investment drive and development. It is the first time we are profiling explorers at Mining Indaba in such a prominent way which we believe is critical to ensuring sustainable investment is flowing into every stage of the mining cycle,” says Investing in African Mining Indaba Portfolio Director Simon Ford.

The initiative is sponsored by BHP Xplor and supported by South Africa’s Department of Mineral Resources and Energy, and Afrimine. It aims to drive investor interest in Africa’s vast mineral resource wealth and metals, which are critical to the global transition to green energy.

Data released by S&P Global in October 2022 showed that the post pandemic recovery that was felt through 2021 and into 2022 encouraged further investment in exploration and the global exploration budget increased again last year, driven mostly by strong metal process and easier access to financing.

S&P Global estimates that the global nonferrous exploration budget increased 16% to USD13-billion in 2022 and that exploration budgets targeted at Africa continued to grow, allowing Africa to maintain its 10% of the global budget.

New dedicated area for junior mining companies (Exploration in Africa WhyAfrica’s focus at Indaba 2023)

Last year, South African Mineral Resources and Energy Minister Gwede Mantashe set a target for South Africa to grow its share of global exploration investment from less than 1% currently to 5% within the next 5 years. This aspiration is supported by an exploration strategy that also strives to position South Africa as a key supplier of clean technology metals and minerals.

Ford says to compliment the Explorers Showcase, Mining Indaba has a new dedicated area for junior mining companies, which will participate under the Junior MINE banner, and it plans to run the Junior ESG Forum again in 2023.

“Applications for the Explorers Showcase have closed and we are very encouraged that this exciting new initiative for Mining Indaba 2023 has sold out”, says Ford

Participating companies include:

Investing in African Mining Indaba is the largest mining investment event in Africa. It is the must-attend event that drives the mining industry forward and provides attendees with unmatched access to the entire value chain and the most influential players in African mining for four days of high-quality content, deal-making and networking opportunities.

Investing in African Mining Indaba 2023 takes place in Cape Town from 6-9 February 2023. https://miningindaba.com/Home

Remember that all members of WhyAfrica gets a 10% discount when registering for the event. For more information contact leon@whyafrica.co.za

WhyAfrica is once again a media partner at the event and its magazine will be on show throughout the week.  

WhyAfrica specialises in the sustainable utilisation of natural resources in Africa. We publish bi-weekly newsletters (24 per year), four magazines per year, and paid for research reports in the mining, agriculture, energy, infrastructure, water management, tourism, and environmental management sectors with a special focus on Environmental and Social Governance (ESG), biodiversity risk, conservation, the African Continental Free Trade Agreement, the political economy of Africa, Pan African institutions, climate change and how geopolitics affect the people of Africa. 

WhyAfrica readers and followers can now become members of WhyAfrica. Having membership for one year allows you access to valuable business intelligence and insight about projects, investments, the sustainable utilisation of natural resources and the political economy of Africa.

WhyAfrica members will be able to publish their own story on the WhyAfrica website and on all its social media platforms (corporate members pay more but can publish four articles per year).

WhyAfrica members will also receive four updated reports per year about developments across Africa in the mining, agriculture, energy, infrastructure, water management, ESG, environmental management and tourism sectors, as well as the “WhyAfrica Hawks Eye” Africa outlook report for 2023.

In addition, WhyAfrica members will receive an exclusive report with video clips and images about the projects and countries we visit during our annual WhyAfrica Road Trip (in 2023 we will visit the Limpopo Province of South Africa, Zimbabwe or Botswana, Zambia, DRC, Malawi, Tanzania and Kenya).

Members will also have an opportunity to join us on certain parts of the road trip and will be eligible for a huge discount to attend the WhyAfrica networking events before the road trip departs in Johannesburg, South Africa in July, and about halfway through the trip in Dar Es Salaam, Tanzania in August. 

One of WhyAfrica’s goals is to identify the opportunities and challenges in Africa, and at the same time, to stay informed about how geopolitics and the changing political economies in Africa affect your business. As a member you will have access to all this business intelligence. You can now register and pay to become a member by simply clicking on the following link: https://www.whyafrica.co.za/product/membership/

https://www.whyafrica.co.za/product/membership/

WhyAfrica promotes Africa as an investment and travel destination, analyses the continent’s business environment and investment opportunities, and reports on how the politics of African countries affect their development

WhyAfrica provides you with business intelligence that matters. Africa is our business, and we want it to be yours too. Subscribe here to WhyAfrica’s free newsletter and digital magazine. When it comes to natural resources in Africa, we cover all angles.

To subscribe to WhyAfrica’s free newsletters and digital magazines, click on the link https://www.whyafrica.co.za/subscribe/

For more news about Africa, visit our website at www.whyafrica.co.za 

 

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AgricultureEnvironmental Management & Climate ChangeEnergyESGInfrastructureMiningPolitical EconomyTourism and ConservationWater Management