Australia’s expertise in mineral resource governance has been promoted as a way to help the African mining sector harmonise policy frameworks and attract investment.
MCA Victoria’s Executive Director Megan Davison – appearing on a panel at Investing in African Mining Indaba 2018 in Cape Town, South Africa – emphasised the importance of outcomes- focused policy and regulatory settings to enable industry to be innovative and as a way to minimise constant regulatory change.
MCA participated in the Australia-Africa Session: Australia’s key role in building a successful future for Africa’s mining sector, along with Namibian Minister of Mines and Energy the Hon. Obeth Kandjoze, Australia’s High Commissioner to South Africa Adam McCarthy, WA Minister for Mines and Petroleum the Hon. Bill Johnston and representatives from Shepstone & Wylie, Orica and the Australia-Africa Minerals and Energy Group.
The panel session discussed how existing Australia-Africa partnerships could be strengthened to facilitate learning through shared experience. The Australian minerals industry’s Water Accounting Framework was referenced as a tool that can be shared to manage water resources.
Indaba supports the successful capitalisation and development of mining interests in Africa, uniting investors, mining companies, governments and other stakeholders from around the world to learn and network to advance mining in Africa. Indaba is also dedicated to supporting education, career development, sustainable development, and other important causes in Africa.