#MiningIndaba2020: Tharisa Minerals’ Michelle Taylor on what self-generation means for juniors miners
At the 26th African Mining Indaba in Cape Town, CNBC Africa's Chris Bishop spoke with Michelle Taylor, COO, Tharisa Minerals on how a gathering like this helps connect junior miners with investors and the impact of Eskom’s crisis on mining.
Mon, 03 Feb 2020 15:16:47 GMT
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AI Generated Summary
- The surge in the presence of Junior Miners at the African Mining Indaba reflects the growing interest and opportunities in Africa's rich mineral resources.
- Tharisa Minerals, led by COO Michelle Taylor, exemplifies the potential of Junior Miners in mining chromite and platinum group metals within the region.
- Challenges such as energy sustainability and ethical practices are key considerations for Junior Miners seeking to attract investments and ensure long-term viability.
The 26th African Mining Indaba in Cape Town has seen a significant surge in the presence of Junior Miners, with an increase of more than 7% according to organizers. The gathering aims to bridge the gap between foreign and local investors with these emerging Junior Miners. One of the notable figures present at the event was Michelle Taylor, the Chief Operating Officer of Tharisa Minerals. Tharisa is a company that not only mines chromite but also delves into platinum group metals. Taylor shared insights on the current state of the mining industry and the challenges and opportunities facing Junior Miners in the market. She highlighted the importance of proper planning and sustainable practices to ensure the long-term viability of mining operations. Taylor also emphasized the significance of alternative energy sources for Junior Miners, particularly in the context of the ongoing energy crisis in South Africa. She discussed the challenges and considerations involved in self-generation of power and the impact it could have on mining operations and investment prospects. Additionally, Taylor addressed the increasing focus on ethical and sustainable practices within the industry, pointing out the necessity for Junior Miners to adhere to stringent standards of safety, governance, and environmental responsibility to attract ethical investors. Tharisa Minerals' approach to safety, environmental conservation, and community engagement reflects a commitment to responsible mining practices. The company's long-term vision and strategic growth plans position it as a key player in Africa's mining landscape, with promising projects in Zimbabwe and a focus on sustainable development. Overall, the rise of Junior Miners signals a positive trend in the mining industry, with opportunities for growth and innovation amidst challenges such as resource constraints and energy sustainability.