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In this video, Andrew Van Zyl, managing director of SRK Consulting's South Africa, shares his outlook on the future of Africa's mining industry ahead of the 2025 Investing in African Mining Indaba.
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Building on the depth of mining expertise in West Africa, developed over more than a century of mining in countries like Ghana, the region is needing to foster local skill sets in response to changing standards and requirements both from government and clients.
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Facing a raft of shifting expectations and operating conditions, mining today is having to balance its traditionally risk-averse culture with an openness to experimentation - and at times even learning from failure.
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The Global Industry Standard on Tailings Management (GISTM) has brought a more integrated perspective to the approach, construction, operation and closure of tailings storage facilities (TSFs) since its launch four years ago.
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With environmental, social and governance (ESG) criteria becoming increasingly critical to stakeholders, mining companies in Africa face more demanding reporting requirements and evolving standards. ESG disclosure practices are becoming essential for sustainable operations.
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It is probably an understatement to say the world has become an unpredictable place over the past decade, but there are exciting opportunities to build more resilience in communities around Africa – with mining as a key driving force.
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Mining and infrastructure projects should listen to the voices of surrounding communities. There is a growing emphasis on the need for large-scale mining and infrastructure projects to safeguard the rights of specific groups within the surrounding communities.
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