Friday , 26 April 2024

Home » NEWS » Africa & World » Indaba on quest for better deals

Indaba on quest for better deals

Coal mining in South Africa

Coal mining in South Africa

JOHANNESBURG ,The African Union is  set to launch an African Minerals Development Centre  to ensure African Governments are better equipped to negotiate better mining and exploration terms and contracts.

This emerged at the second edition of the Junior Indaba, which is a gathering of small and medium sized mining players.

‘ Through the African Minerals development centre and the mooted African Commodity Strategy, “Mind-sets will be changed [and] the value add to our natural resources will be increased from 15% to at least 30%” , said Dr
Nkosazana Dlamini Zuma, the African Union Commission Chairperson.

This  will facilitate for the creation of at least 7milion jobs on the continent within the first year of implementation.
In order to implement this strategy Dr Dlamini Zuma called on the mining and education sectors to invest in much needed skills particularly as it relates to the Science, Technology, Engineering and Mathematics areas.

Guardian

Indaba on quest for better deals Reviewed by on . [caption id="attachment_179" align="alignleft" width="300"] Coal mining in South Africa[/caption] JOHANNESBURG ,The African Union is  set to launch an African M [caption id="attachment_179" align="alignleft" width="300"] Coal mining in South Africa[/caption] JOHANNESBURG ,The African Union is  set to launch an African M Rating:
scroll to top