African mining is a long term investment – Merrill Lynch
Published: Tuesday, 24 February 2015
Africa is home to large, untapped mineral resources but investors need to be in the continent for the long game, according to commentators at Mining Indaba 2015.
Africa’s resource sector is a
smarter place to invest than South America, despite concerns
about political instability and resource nationalism, Michael
Widmer, head of metals research for Bank of America Merrill
Lynch told Mining Indaba delegates
Widmer said that the African countries offer more attractive
long term investment opportunities...