Mining leaders and investors gather in Cape Town to discuss the industry’s African prospects
By Gavin du Venage, South African Editor
It was the host country’s time to shine at the 2018 Investing in Mining Indaba, held once again in Cape Town, South Africa, under the shadow of Table Mountain. South Africa, once the uber-destination for miners on the continent, has very much fallen out of favor with resource investors, but this year marks a change and the country is once again enjoying attention from the sector.
“Last year was the worst in living memory for mining in South Africa,” the country’s Chamber of Mines CEO Roger Baxter said, speaking at an early morning briefing before the five-day event got underway. “We now have a new sense of optimism, and there’s a sense of buoyancy for the year ahead.”