Industry-leading software solutions from leading vendor MICROMINE will be showcased at Investing in African Mining Indaba from 4 to 7 February in Capetown, South Africa.
Celebrating its 25th anniversary, and billed as the world’s largest mining investment conference, and the largest mining event in Africa, the Mining Indaba is “a great platform to market our company and people,” said MICROMINE Africa Marketing Coordinator Craig Sternslow.
“Mining Indaba has always been a place where we can show the industry what our solutions are capable of, as well as showcasing new releases, upgrades, and general networking with like-minded people in the industry.
“It is good to catch up with our clients, as well as provide demonstrations to organisations looking at mining solutions to streamline processes, increase productivity and efficiency,” said Sternslow.
Sternslow said the world is becoming a more digitally-minded space, with an emphasis on safety, longevity, efficiency, and higher profitability being the main drivers of a digital world.
“This is starting to apply more to the mining industry, especially as mines become more technology-driven. It is becoming imperative that mines adopt technology to increase efficiencies and safety.”
In terms of the outlook for the mining industry in 2019, Sternslow points out commodity prices have seen a positive trend, and the outlook seemingly is on the up into the New Year.
Although the main focus has been on gold, base metal assets have also rebounded. Many drilling programmes subsequently resumed or were relaunched throughout the year.
In addition, there has been an increase in exploration activity for certain minerals such as lithium, cobalt, and rare earth elements, due to the global interest in cleaner technologies and a push towards a low-carbon economy.
West Africa is anticipated to reap the most benefit from this rise in exploration, due to high-grade lithium discoveries as seen in Ghana.
However, exploration in other regions has seen a sharp decline, due to certain regulatory and legislative changes that have resulted in a sharp drop in investor confidence, reducing the funding available for exploration.