African Mining ’91

Book excerpt: The second 'African Mining' conference is planned for June 1991, and follows the first, very successful, event held in May 1987. That full four-year period was characterized by substantial changes in the political and economic climate of many countries in both hemispheres. Copper prices were relatively firm, and the advance and steady demand for nickel and ferrochromium stabilized important sectors of the mineral industry, certainly in Zimbabwe. The promise for gold remained unfulfilled, but the smaller, relatively flexible, mines survived and only the large, deep and low-value mines seem seriously at risk. None of this has affected the hungry, and intensive exploitations from surface to the water-table have revealed many targets of promise to those willing to take the risks. The pattern in Southern Africa was extraordinarily stable among the turmoil, with independence for Namibia, adjustments in South Africa and a gradual shift to market economies in the region. The pace of exploration has increased to recover some part of the progress that was lost in the Independence struggle, and atthe end of the first decade in Zimbabwe, for example, oil is being sought in the Zambesi Rift, following the investigation of the Luangwa in Zambia, and there are exciting exploration projects for methane released from coal, deep in its basins.