Mining Indaba '15: African mining is a long term investment
Published: Monday, 09 February 2015
Africa has lost out on resource funding in the past to rival emerging mining continents like Latin America owing to quick profit objectives by funding groups, but smart investors will recognise the long game potential of African mines, according to participants at this year's Mining Indaba.
Africa's resource sector is a smarter place to invest than
South America, despite concerns about political instability and
resource nationalism, delegates at Mining Indaba 2015 heard
Speaking at the conference in Cape Town, South Africa, Michael
Widmer, head of metals research for Bank of America Merrill
Lynch, said that...