Mining Indaba roots for regional development of strong value chains
African economies stand to benefit significantly by incorporating value addition in the mining sector. CNBC Africa spoke to Rian Coetzee, Divisional Executive: Mining Metals, Infrastructure & Energy, IDC for more.
Thu, 06 Feb 2025 14:51:24 GMT
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AI Generated Summary
- The significance of value-added exports in driving regional development
- The role of feasibility funding in supporting junior miners and exploration initiatives
- Promoting inclusivity and sustainability in the mining industry for long-term growth
African economies are on the brink of a significant transformation by incorporating value addition in the mining sector. The recent Mining Indaba conference showcased the immense potential for regional development through strong value chains in the mining industry. CNBC Africa had the opportunity to speak with Rian Coetzee, Divisional Executive for Mining Metals, Infrastructure & Energy at the Industrial Development Corporation (IDC) to delve deeper into the key initiatives and partnerships that are driving this sector forward. Coetzee highlighted the pivotal role of value-added exports, feasibility funding, and exploration support in shaping the future of mining in Africa. With a focus on promoting inclusivity and sustainability, the IDC is paving the way for a more resilient and prosperous mining landscape. From innovative financing mechanisms to strategic partnerships, the mining industry in Africa is poised for a dynamic shift towards long-term growth and global competitiveness. Let's unpack the key highlights from the insightful conversation with Rian Coetzee at the Mining Indaba.