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NewsDay

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Thumbs up for mining indaba

News
Local and foreign mining firms participating at the third edition of the Mining Indaba on Thursday said the country’s mining industry has massive potential for business, but there was a need to harmonise various pieces of legislation. Inno X Africa owner Stuart Bateman said the event should have been held at a large venue given […]

Local and foreign mining firms participating at the third edition of the Mining Indaba on Thursday said the country’s mining industry has massive potential for business, but there was a need to harmonise various pieces of legislation.

Inno X Africa owner Stuart Bateman said the event should have been held at a large venue given the high interest the conference generated.

The company is based in South Africa and supplies mining equipment.

“The mining industry in Zimbabwe has huge potential and the legislation has to be clear on what has to be done,” he said.

Manhattan Corporation chief executive officer Michael Pouroullis, also from South Africa, said there was a need to improve the operating environment in the mining sector.

“The country is ready to explode in a positive way. This show is fantastic in terms of exposure,” Pouroullis said.

Mbada diamonds media consultant Ignatius Mazura said the company had gained exposure through the various presentations that were made as the indaba assisted companies to network.

“You meet people from the mining industry that can be your suppliers, that on its own can be a great benefit,” he said.

Hilmax, a local company into hydraulics and conveyor installation and repairs, said the mining indaba provided a platform to meet with decision-makers and potential business opportunities.

Noko Analytical Services official Orandy Shingwenyana from South Africa said the company had benefited a lot from the exposure brought by the indaba.