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Speaking during the opening of the summit, the Zambian president Hakainde Hichilema called upon elected leaders in their respective countries to be responsible for their duties. He called upon the delegates to the summit to act collectively for ensuring responsible mining and added that elected representatives had the power to implement schemes that could lead to sustainable mining and in the interest of the people at large.
The 2022 Mining Indaba summit began yesterday (May 9) (in Cape Town, South Africa. The summit will continue for a week and will highlight the issue surrounding mining in Africa. www.trendsnafrica.com has been reporting about the proceedings of the summit.
Speaking during the opening of the summit, the Zambian president Hakainde Hichilema called upon elected leaders in their respective countries to be responsible for their duties. He called upon the delegates to the summit to act collectively for ensuring responsible mining and added that elected representatives had the power to implement schemes that could lead to sustainable mining and in the interest of the people at large.
Other leaders also called upon countries in Africa to share the benefits of their respective resources. Gwede Mantashe, the South African Minister of Mineral Resources and Energy said cryptically that Africa should increasingly value add to the mined ores and invest towards that purpose. Value addition, he added, should not be left to others to be done and take the benefits.
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This year’s mining Indaba happens with the backdrop of high energy prices. This poses a significant inflationary risk to the poor and emerging markets. The mining industry on the continent has been impacted by other issues like insecurity, workers’ strikes, and low global mineral prices.
