21st Annual Investing in African Mining Indaba
 

New study finds Africa represents half of the top 20 countries globally with the highest mineral export contributions

Botswana (91.7%) and Democratic Republic of Congo (81.5%) top table.

New York, NY - 5 February 2015 – New research to be shared at the Sustainable Development Session at the 2015 Investing in African Mining Indaba taking place on the 9th – 12th February 2015 in Cape Town, South Africa, indicates the contribution of mineral exports to national economies in Africa rates as some of the highest in the world.

A special African focussed review of ‘The role of mining in national economies’ (2nd Edition) from the International Council on Mining and Metals (ICMM) provides a comprehensive picture of how important mining is to economies.

Critically, the report demonstrates the significance of mining within each national economy rather than the traditional approach to understanding the economic importance of mining that has been to focus on the percentage that any single country accounts for in total world mining production. From that perspective, the five BRICS countries currently have the biggest share of world production value.

The Sustainable Development programme will feature two sessions during the 2015 Mining Indaba with a focus of ensuring that the mining industry harnesses its contribution to Africa’s development and bridges the existing trust deficit between mining companies and communities. Both sessions will be chaired by ICMM President Dr. Anthony Hodge.

Tuesday 10 February, 16:55 - 17:35
High-level panel: Managing business risks while ensuring strategic growth: a conversation with leaders of the industry.

  • Alan Davies, Chief Executive, Diamonds & Minerals, Rio Tinto
  • Ben Magara, Chief Executive Officer, Lonmin
  • David Noko, Executive Vice President: Sustainability, AngloGold Ashanti

Thursday 12 February Sustainable Development at Mining Indaba 08:45 – 13:30
H.E. Graça Machel, President of the Foundation for Community Development and Founder of the Graça Machel Trust

Further speakers:

  • Jonathan Moore, Managing Director, Mining Indaba™ 
  • Rev Dr Kwabena Opuni-Frimpong, General Secretary, Christian Council of Ghana 
  • Johan Ferreira, Regional Senior Vice President of Africa Operations, Newmont 
  • Tom Albanese, Chief Executive Officer, Vedanta 
  • Anita George, Senior Director of the Energy and Extractive Industries practice, World Bank Group 
  • The Most Revd Albert Chama, Archbishop of Central Africa & Bishop of Northern Zambia 
  • Kieren Moffat, Senior Research Scientist, Commonwealth Scientific and Industrial Research Organisation (CSIRO) 
  • Tod Donhauser, Executive Director, Edelman 
  • Ven Pillay, Vice President Sustainability: Community, AngloGold Ashanti 
  • John Capel, Managing Director, Bench Marks Foundation 
  • Janina Gawler, Global Practice Leader Communities & Social Performance, Environment, Health and Safety, Rio Tinto 
Click here to learn more about the programme 

 


“The Sustainable Development Day at Mining Indaba, presented in collaboration with ICMM, is the cornerstone of the annual Mining Indaba’s contribution to fostering discussion on key issues surrounding sustainability such as corporate governance, environmental legislation, and other critical factors that are of interest to shareholders,” explains Jonathan Moore, Managing Director, Mining Indaba.


 “If mining makes a major contribution to a small economy, national decision-making will be driven by the development opportunities that can flow from the mining and metals industry,” said ICMM President Anthony Hodge. “That is what we need to understand more clearly. This report increases our ability to strengthen the contribution of mining and metals to development.” “ICMM companies increasingly embrace their role in poverty alleviation. Increasingly they recognize the economic, environmental, socio-cultural implications of their activities through the full mine project life cycle. But it is not a solo role. Mining can catalyse improvements to quality of life and the environment only in partnership with governments and local populations. We must each play our part,” Hodge continued. 

Notes to editors: To view the report please visit: http://www.icmm.com/national-economies 

Page 20 of the report, Table 2, presents a list of the 20 countries with the highest mineral export contributions as a percentage of total merchandise exports in 2012. Ten of the nations are African countries. This 2014 report updates and expands on the first edition in 2012. A preliminary version was released in late 2014 and the final report is now available. 

For further information, please contact: 

Brigid Janssen, Communications Director, ICMM
Brigid.Janssen@icmm.com
+44 207 467 5082 

Maria Palombini, Marketing Director, Mining Indaba
 maria.palombini@miningindaba.com
+1 212 224 3546

About the Mining Indaba™
Investing in African Mining Indaba™, often referred to as “the Mining Indaba™,” is an annual professional conference dedicated to the capitalisation and development of mining interests in Africa. It is currently the world's largest mining investment conference and Africa's largest mining event. For two decades, the annual Mining Indaba has served as the pathway for foreign investments into Africa's mining value chain - opportunities ranging from small diamond deposits to mega coal projects. The Mining Indaba™ is part of the legal entity Euromoney Trading Ltd.. Visit MiningIndaba.com for more details.

Join the Mining Indaba global community:
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About ICMM
The International Council on Mining and Metals is an industry body created by the leading mining and metals companies to catalyze strong environmental and social performance in the sector; and to enhance understanding of the benefits, costs, risks and responsibilities of mining and metals in contemporary society. It works as a not-for-profit organization, engaging with all parts of society and collaborating with 21 major mining and metals companies and 35 national mining and commodity associations that are its members.

ICMM is governed by the CEOs of the following companies:
African Rainbow Minerals
AngloGold Ashanti
Anglo American
Antofagasta Minerals
Areva
Barrick
BHP Billiton
Codelco
Freeport-McMoRan
Glencore
Goldcorp
Gold Fields
Hydro
JX Nippon Mining & Metals
Lonmin
Mitsubishi Materials
MMG
Newmont
Rio Tinto
Sumitomo Metal Mining
Teck