Mining Indaba is more relevant in bust than in boom - MD
10 February 2016
Cape Town – The mining crisis and subsequent job losses in the industry might have had an impact on the number of delegates at the Investing in African Mining Indaba in 2016, but the dialogue between key leaders at the event meant this year’s event carried greater weight than other years.
That is according to Mining Indaba MD Jonathan Moore, who told Fin24 on Tuesday that the event is still the largest mining investment event in the world.
The 6 000 delegates attending the key investing meeting is down from 7 000 in 2015.
“We are to a degree a microcosm of what’s happening in the market place,” he said. “If we look at the realities of where the sector is, it’s no surprise that the Indaba has fewer participants.