Mine Entra conference kicks off in Bulawayo

BY BAYANDA NKATHA

The 2024 Mine Entra conference has officially kicked off in Bulawayo, Zimbabwe, with President Emmerson Mnangagwa expected to officiate the event.

The conference is being held under the theme “Unearthing Success: The Mining Value Chains, Innovation, and Industrialisation Nexus” and is expected to be a significant event in the mining industry.

President Mnangagwa arrived in Bulawayo on Wednesday afternoon, after attending the burial of national hero Colonel (Retired) Tshinga Dube at the Heroes Acre in Harare.

Mines and Mining Development Minister, Winston Chitando, will lead the proceedings, with the President expected to address the conference.

The Chamber of Mines is also expected to provide a comprehensive update on the state of the mining sector.

The industry is optimistic about the future, with mineral revenue, employment levels, and capacity utilization projected to increase in 2025.

The Mining Industry Prospects for 2025 report shows that mining executives are confident about the sector’s prospects.

“Mineral revenue is expected to increase by approximately two percent in 2024 and by around 10 percent to approximately US$6 billion in 2025 from about US$5.5 billion in 2024 on the back of improved output and some anticipated commodity price recovery in 2025.”reads the report.

Average capacity utilization for the mining industry is expected to improve, driven by key sectors such as gold, ferrochrome, and PGMs.

Employment is also expected to rise, with mining industry formal employment expected to increase in 2025.

The mining sector has also recorded a decrease in fatalities since the beginning of the year, with a significant reduction in deaths compared to last year.

However, the survey results show that there is still a need for safety and health at mining operations.