PRESIDENT & CEO, COO & GM, VP PROJECT DEVELOPMENT, VP CORPORATE DEVELOPMENT, BEAR CREEK MINING
Bear Creek Mining is well positioned to begin construction of its Corani project in Peru and explains how financing and local community and government relations have been managed.
PRESIDENT, UPEGA (ASSOCIATION OF PETROLEUM COMPANIES)
UPEGA, the association that protects the interest of the private sector in Gabon’s oil and gas industry, explains the main challenges confronting its members and how the new mining code needs to be improved.
MACIG 2025 - Mining in Africa Country Investment Guide
It is said that mining is a patient industry. Current demand projections are not. Demand for minerals deemed ‘critical’ is set to increase almost fourfold by 2030, according to the UN. Demand for nickel, cobalt and lithium is predicted to double, triple and rise ten-fold, respectively, between 2022 and 2050. The world will need to mine more copper between 2018 and 2050 than it has mined throughout history. 2050 is also the deadline to curb emissions before reaching a point of ‘no return.’ The pace of mineral demand and the consequences of not meeting it force the industry to act fast and take more risks. Mining cannot afford to be a patient industry anymore. The scramble for supply drives miners back to geological credentials, and therefore to places like the African Central Copperbelt.