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Mining Indaba 2018 - Day 1 Wrap-up

The recovery of the mining sector in South Africa and beyond is undoubtedly a key topic of discussion during the Mining Indaba's 2018 edition. After a long and very uncomfortable few years, it seems that we have finally left behind us the low point of the down cycle. No, the situation is far from smooth sailing, and it won't be for quite some time, but things are looking up. The atmosphere during the event was, therefore, more upbeat than the previous year and the year before that.

Besides issues like safety, attracting much-needed new investments in primary and secondary infrastructure, and the future of commodities like coal, sustainability and responsible operations are some of the key issues at play this year. Tomorrow, I will take part in a panel discussion around the evolution of industry thinking, focusing specifically on responsible mining and the role of social trust in creating a sustainable future for the sector. I am proud to report that one of my co-panellists is Jeff Radebe, Minister in the Presidency (portfolio Planning, Monitoring and Evaluation).

As Mpho Makwana, Chairman of the Mining Indaba's Advisory Board mentioned in his welcoming address: it is time the mining sector starts reflecting on the lessons learned in Davos, particularly lessons that "drive growth and responsible, sustainable operations". I agree. Both are, after all, not mutually exclusive - on the contrary.


Chief Executive Officer, Exxaro Resources | President, Chamber of Mines South Africa