Yesterday, Buchanan’s mining team kick-started the site visit season ahead of Mining Indaba. Eleven journalists visited Tharisa’s mine in the Bushveld Complex, north of Johannesburg, to see the Platinum Group Metal (PGM) and Chrome mining and production facilities. Over the next three days, Buchanan is supporting further analyst and investor site visits on behalf of three additional clients across South Africa and Mozambique. Bobby Morse, Buchanan’s Senior Partner and Head of Mining, will be attending the second of Tharisa’s site visits, as well as travelling to Petra Diamonds and Pan African Resources, diamond and gold producers respectively. Analysts and investors will be taken to Petra’s Cullinan and Finsch diamond mines, whilst the Pan African Resources agenda includes a trip to its underground operations at Barberton Mines. Also scheduled is a visit to Kenmare’s Moma Mine, on the Mozambican coast, one of the world’s leading producers of titanium dioxide products.
Each visit offers these key stakeholders the opportunity to see first-hand the progress being made on site and aids a more detailed understanding of how each individual mine works.
On Sunday, the team are hosting a cricket match down in Cape Town, alongside Centamin (gold miner) and Numis (institutional stockbrokers and corporate advisors), bringing together corporates and advisors ahead of the Mining Indaba 2018 Conference, which starts on Monday 5 February.
To kick off Buchanan’s activities on the side-lines of Mining Indaba, Augustine Chipungu, Buchanan’s Account Manager is hosting a mining sector focused banking roundtable in the afternoon, and a cocktail reception in the early evening on behalf of Buchanan client, Africa Finance Corporation – the premier multilateral investor with high-profile mining activities across the continent. With both events both twice over-subscribed, Buchanan will be welcoming three dozen c-suite executives, and two mining ministers to these events.