Junior miners perceive Botswana as best investment destination

Bernard Swanepoel

Photo by Duane Daws

Chamber of Mines of South Africa president Mike Teke

Photo by Duane Daws

Chief Inspector of Mines David Msiza and South African mining luminary Bernard Swanepoel

Photo by Duane Daws

3rd June 2015

By: Martin Creamer

Creamer Media Editor


Font size: - +

JOHANNESBURG ( – Botswana is the easiest country in which to carry out junior mining activities, a digital vote declared on the first day of the Junior Indaba here on Wednesday.

Botswana received the highest vote from the 160 people attending the conference.

Botswana at 42% of the digital vote had double South Africa’s 21%, with Namibia coming in at 16%.

During digital voting at the conference chaired by South African mining luminary Bernard Swanepoel, 49% also perceived that South Africa’s legal environment had worsened.

More than two-thirds regard the junior mining sector as being overregulated and a third claimed that it was impossible to do “honest” junior mining business in South Africa.

Chief Inspector of Mines David Msiza, attending the conference on behalf of Mineral Resources Minister Ngoako Ramatlhodi, expressed regret at the perceptions, which he believed could be dispelled through better communication.

Chamber of Mines of South Africa president Mike Teke emphasised the strategic importance of juniors and Msiza spoke of the need to go back to basics in exploration in South Africa.

Anglo American partnership funds investment manager Alugumi Dzebu said that the company’s Zimele programme and the Anglo American Chairman’s Fund were able to assist emerging junior mining companies with early stage exploration funding, normally spurned by financial institutions.

“We can fund up to R30-million per project with a combination of different instruments,” Dzebu added.

Teke reiterated that the South African mining industry was by far the biggest contributor to South Africa’s economy and the reality of mining being cyclical had to be accepted, which meant that the country should be preparing for the upturn.

Edited by Creamer Media Reporter


Latest News

Magazine round up | 09 June 2023
Magazine round up | 09 June 2023
9th June 2023


Sandvik image
Sandvik Rock Processing Solutions

Sandvik Rock Processing Solutions is a leading supplier of equipment, tools, parts, service and solutions for processing rock and minerals in the...

SSG Consulting Project Management
SSG Consulting Project Management

SSG Consulting is your Global Specialist Capital Project Management Partner for Advisory, Project Controls, Resourcing and Execution capability....


Latest Multimedia

sponsored by

Magazine round up | 09 June 2023
Magazine round up | 09 June 2023
9th June 2023

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?







sq:0.073 0.11s - 109pq - 2rq
Subscribe Now