WaCA mining
WaCA mining

The 10th West & Central Africa (WaCA) Mining Summit & Expo 2019 will open here tomorrow in Accra, Ghana. The two-day Summit will take place from October 2 to 3 at the Mövenpick Ambassador Hotel.

The event will gather extractive sector officials, producers and operators, investors and service and technology providers from the West and Central African mineral-rich region to engage and discuss the latest mining opportunities, projects and challenges.

The theme for this tenth edition of the WaCA Mining Summit is “Energizing for Growth & Profits.” The region, West Africa in particular, is poised for a golden era.

Recent mining reforms and improvements in fiscal and regulatory frameworks have attracted new investments into the region and the Summit is among others expected to provide participants with first-hand insights into the latest mining updates on Ghana, Burkina Faso, Cote d’ Ivoire, Senegal, Nigeria, etc.

Notable speakers at the Summit include Kwaku Addae Antwi-Boasiako, Chief Executive Officer (CEO) for the Minerals Commission, Ghana; Hajiya Fatima Shinkafi, Executive Secretary, Solid Minerals Development Fund, Nigeria; Ferdinand Koffi, Director, JOFEMA Mineral Resources and Director, Foravie, and 2nd Vice President, Chamber of Mines, Cote d’Ivoire, amongst others.

A diverse range of topics will be presented including the Goulamina Lithium Project – “The World’s Largest Uncommitted Hard Rock Lithium Reserve (Fully-Permitted)” by Seydou Semega, Country Manager, Mali Lithium.

Ghana’s Minister for Lands & Natural Resources, Kwaku Asomah-Cheremeh, Ghana, will be officiating at the opening of the event.

Green mining and application of the new drilling technology that will slash the cost of mining down by 50% will be presented by Bashir Akwasi Ahmed, Vice President, Development & Mining, Asante Gold Corporation.

Accessing funding and liquidity has always been a challenge for gold producers. Mamadou K. Toure, Chairman & CEO, Ubuntu Capital, will be sharing a disruptive blockchain technology that enables gold producing concessions and mines to tokenise their assets.

Ralph Rossouw, Managing Director & Head of West Africa at Vedanta Resources & Fujairah Gold, will be sharing a case study on raising significant capital in challenging markets. He commented, “I have always networked well with like-minded progressive mining CEOs and mining investors at these events, sharing leading practice and new ways of raising capital.”

The 10th WaCA Mining Summit is organized by Magenta Global Singapore with support from key industry stakeholders including the Ministry of Lands and Natural Resources Ghana and the Minerals Commission of Ghana.

Ms. Maggie Tan, CEO of organizer Magenta Global, said: “It is very important for the industry to have continued conversations addressing the needs of all stakeholders & on staying competitive and making the region as a whole attractive to investments. It is the objective of WaCA Mining to provide the platform for the industry to converge, share ideas, foster partnerships and collaboration & more importantly staying ahead of the curve.”

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