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Opportunities for Australian resource companies in Africa

Opportunities for Australian resource companies in Africa article image

Africa’s lucrative resource sector is fast becoming a magnet for many Australian firms. 

“It is clear there is an increasing level of interest from Australia in Africa, with a particular focus on the resources sector, said John Madew, Austrade‘s Senior Trade Commissioner in Johannesburg. 

“African government and business are keen to engage Australian firms in developing the local industry – from the exploration stages through to operating mines.”  

Mr Madew said there are a range of opportunities for Australian METS companies to provide African mining projects with leading edge technologies and services to maximise mining efficiency, productivity and safety. 

Opportunities also exist for sustainable mining practices, environmental and mine rehabilitation services and community engagement. 

“With over 200 ASX-listed companies pursuing more than 1,000 projects in 38 countries on the African continent it is clear that Australian companies are well positioned to provide innovative tools, technologies and services to these projects,” Mr Madew said. 

Networking lounge 

The strong focus on the opportunities in Africa’s resource sector continues with the Mining Indaba conference to be held in Cape Town, South Africa, from February 9-12 next year. 

In its 21st year, Mining Indaba has channelled billions of dollars towards Africa’s mining opportunities. 

Austrade and DFAT are hosting the Australia Lounge, an exclusive networking lounge and meeting space during the event. 

Mining Indaba attracts miners, explorers, project developers, mining analysts, fund managers, investment specialists and other professionals who are interested in investing or have operations within the African mining sector. 

Mining Indaba follows the highly successful Africa Down Under conference held in Perth earlier this month. 

Expressions of interest 

The Australian Trade Commission (Austrade) and the Department of Foreign Affairs and Trade (DFAT) hosted a business lounge in which around 155 meetings between companies and senior African officials were held during the three-day Africa Down Under conference. 

Austrade and DFAT received expressions of interest from 38 junior miners, and 47 Mining Equipment, Technology and Services (METS) firms to meet with officials from over 20 African nations. 

For more information on Mining Indaba and to register your attendance at the Australia Lounge event visit: www.austrade.gov.au/MiningIndaba2015

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