Visitors to one of the biggest mining conference in Africa, Mining Indaba, were invited to an industry dialogue between key figures in different sectors at a panel discussion hosted by the UK’s Department for International Trade.
The objective of the discussion was on the importance of forging a holistic, responsible approach to mining; delivering mutual stakeholder value with particular focus on sustainable mining ecosystems which serve both business and communities.
An example of a specific project in Guinea illustrated how this type of approach could foster wider, sustainable infrastructure development during the discussion.
The panel was made up of Minister for Mines and Geology in Guinea, Minister Abdoulaye Magassouba, British Ambassador to Guinea Catherine Inglehearn, Anglo African Minerals CEO James Lumley, Leader star Solutions CEO Hal Hemmerich, HCF International President and Co-founder Guy De Selliers, Impact Agri CEO Jon White and facilitated by the Director of Fauna & Flora International Extractives & Development Infrastructure Programme - Pippa Howard.
Deputy Trade Commissioner for Africa-Martin Kent said, “The panel today reinforced the UK’s leading position as Africa’s responsible mining partner of choice. It was an incredibly rich discussion illustrating the breadth of British expertise and our commitment to delivering partnerships and genuine collaboration.”
Pippa Howard, Flora and Fauna International said, “It was really encouraging to facilitate a conversation with socio-economic issues central in helping avoid conflict with land users, but also central in evolving sustainable agricultural development.
“The pragmatism and realism of the panel was refreshing, its vital projects are commercially viable. Projects that don’t work economically don’t work socially”.
The discussion was attended by almost 200 guests including Morie Manyeh, Minister of Mineral Resources Sierra Leone, and the British High Commissioner to South Africa-Nigel Casey, Prof. Patrick Agbesinyale Ag Chief Director for the ministry of Lands and Natural Resources Ghana, as well as a wide array of private sector businesses in the mining supply chain.
The UK has a 150-year mining heritage, a strong supply chain supporting the mining lifecycle and is known globally as a leading source of mining finance with London the prime location for raising capital.
The UK is also home to a large number of professional service providers delivering a wide variety of expertise to mine owners, governments, investors and the world’s most well-renowned institutions supporting the development and implementation of international standards.
British companies have a world-class capability in assessing the social and environmental impacts of mining through stakeholder analysis.
This work informs strategies that create long-term economic prosperity while protecting biodiversity, ecosystems and the environment. Along with a strong policy and governance framework, clear human rights policies are an essential requirement of investors and capital markets throughout the mining lifecycle.
British corporate governance experts can help manage stakeholder relations and provide effective communication of what a mine will deliver at the local, regional and national level.
Kate Rudd, Director Energy and Mining for DIT Africa said, “responsible mining is the only option for long term success and the mitigation of long term risks. Whilst there may be a time and cost implication at the outset, the return on investment is unquestionable.
“I believe the UK is best placed to drive this conversation and convene responsible actors who reflect our values making the UK is the responsible partner of choice in Africa”.
DIT offers expertise and contacts through its extensive network of specialists in the UK, and in British diplomatic missions around the world. We provide companies with the tools they require to be competitive on the world stage.
Have your say
More Business Headlines
- GIPC signs MoU with German-African Business Association
- AGI focuses on 12 economic reforms in 2019
- Uganda deports MTN boss
- Expert cautions BoG as Savings and Loans sector cleanup looms
- How South Africa’s blackouts are crippling businesses
- GOIL shares customised Valentine's Day chocolates with customers
- GCAA sets up task force to investigate allegations of extortion, coercion at KIA
- Ghanaian scientists identify ‘Prekese’ seeds as potent natural fungicide
- Govt’s barcode innovation for fertilizers tackles theft
- Mac Attram to create millionaires with first Business Accelerator Boot Camp
- Oil production in Ghana to double by 2023– Ofori-Atta
- JP Morgan rolls out first US bank-backed cryptocurrency
- GNPC Foundation sees progress in ongoing projects in Western region
- Huawei to start Africa data centre services from March
- GACL to initiate firm steps to tackle corruption at airport