Page 56 - Vol 33 Issue 34 2021
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The future of mining in Africa
                 mining                                  Analysis






                The future of




         mining in Africa









                                                                                 By Boris Ivanov




              ining is one of Africa’s most important industries. In recent years, mining has spurred economic
        Mgrowth and improved socioeconomic indicators across the continent. Rich in resources and the
         prospect of attractive returns, Africa has long attracted state sponsored and foreign investment.


         Over the past decade, the African mining sector   ana lytics and advanced geospatial data mapping,   Develop and strengthen
         has faced  considerable  risks-  both below and   this level of tech and automation requires
         a bove the ground. This includes commodity price   connectivity and a secure, reliable power supply.  safer mining practices
         down turns, regulatory changes, squeeze on fund   An electricity/energy infrastructure to integrate   Mining continues to be a  dangerous activity,
         flows, alongside disruptive politics. Militancy, cor-  new technology cannot be accessed universally   whether its large-scale industrial mining or small-
         ruption and the inequitable distribution of profits   in most of Africa or is very costly.    scale artisanal mining, surface or underground.
         have also been a challenge.          Larger  companies  can  access  tech  solutions   Health risks are varied and often quite serious,
           However, following the economic upheaval trig-  systems, applications and tools more readily, but   due to the nature of the working environment,
         gered by the ongoing pandemic and a fall in the   for small and medium scale entities that run their   landlocked  locations  and  challenging  tem pe ra-
         value of the US dollar, the continent is en joying an   operations  with  limited  resources  and  depend   tures.
         unparalleled boom across the mining industry.  on more manual means of data collection,   Mining today, however, is substantially safer
           Demand from governments planning large   analysis and storage, digitisation will be slower.   than before due to stricter safety legislation &
         in frastructure projects to revive growth and a   Accelerating digital transformation will help   pro to cols, internal controls, awareness/training
         blistering run in the price of commodities from   adapt, reinvent, and transform the industry in a   pro grammes and advances in technology.
         their Covid lows in March 2020 is fuelling spe-  sustainable and responsible way.  Although  the  goal  of  zero  harm  has  yet  to  be
         culation that the world may be in the first leg of a   A constant worry about technology in mining   achieved, it remains the standard that mining
         fifth commodities supercycle.      is that it will costs jobs. The mining industry in   companies continue to strive towards. Deeper
           So, with news that the Covid-19 pandemic has   Africa is a big source of employment - for exam-  collaboration  between  national  mining  industry
         re-ignited investment opportunities across the   ple  in  South  Africa  it  employs  approximately   bodies, mining companies and trade unions can
         mining  industry,  how  can  Africa  futureproof  its   over  450,000  people  (2018  figs).  It  is  important   highlight  and  address  specific  problems  and
         mining industry and reap future rewards?  that despite technological advancements, go-  review mine design and support parameters to
                                            vern ments  and  companies consider  the  im-  develop best practice guidelines.
         Embrace the tech                   pact to employment in mining communities   Mining companies that focus on technological
         transition                         and enact policies and programmes to mitigate   advancements can also reduce the risk of health
                                            against  potential  job  losses.    This  may  include
                                                                               and safety incidents in underground mines.
         Mining has traditionally been slow to embrace   driving further skills development programmes   This  could  range  from  advanced  analytics,  AI
         new technologies that could transform the in-  and  Environmental,  social  and  governance   forecasting that can help prevent safety incidents
         dustry, especially across developing economies.   (ESG)  initiatives  to  support  technology  driven   before they occur and predictive maintenance
         It is widely recognized that technology will play an   transitions.   techniques to safeguard risky operations. Better
         important role in the development and ap pli ca-  With  Africa  home  to  more  than  30  percent   asset tracking to flag any mechanical breakdowns
         tion of new mining methods and improve pro duc-  of  the  world’s  mineral  reserves,  embracing  the   and  environmental  monitoring  to  raise
         ti vity, efficiency health & safety and operational   tech transition will prove incremental to navigate   immediate dangers, such as the release of toxic
         effectiveness of mines.            existing  challenges,  improve  planning  and   gases or ground instability can also minimise

           While there has been significant progress and   exploration  activities  and  support  competitive   injuries or fatalities.
         investment  in  developing  solutions  for  mining   innovation,  to  ensure  the  continent  reaches  its   In the case of Artisanal mining, safety concerns
         across areas like data science, advanced au to ma-  mining potential.   are  often  overlooked  due  to  the  sector  being
         tion,  blockchain,  artificial  intelligence,  advanced               largely informal and small-scale operations that

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