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Challenges aside, Southern Africa remains one of the hotspots for mineral exploration in Africa.
With buzzwords like a just energy transition, Environmental and Social Governance (ESG), climate change and the green economy dominating the narrative on the world markets today, Southern Africa provides numerous exploration opportunities. With large deposits of lithium, copper, cobalt, tin, nickel, graphite, manganese, and rare earth elements (REE), the region could become a green energy hub.
Added to these green commodities, the mining sector is backed by exceptional deposits of more traditional natural resources like gold, diamonds, Platinum Group Metals (PGMs), coal, uranium, chrome, and diamonds.
According to Oscar van Antwerpen, CEO of mining consultant Minrom South Africa, South Africa still provides the best opportunities in terms of mineral assets, mining skills, and supporting infrastructure.