Programme & Topics To Be Discussed
Venue: Summer Place, Banqueting & Conference Venue, 69 Melville Road, Hyde Park
NUMBER OF SEMINARS.
There will be six weekly seminars in this series, starting on 07 October 2011.
SEMINAR FORMAT:
Duration: 2 hours per seminar, starting at 8:30am.
Agenda:
- Registration and coffee – 30 minutes.
- Opening address and introduction of keynote speaker – 5 minutes.
- Keynote address – 30 minutes.
- Panel discussion – 30 minutes.
- Questions and comments from the floor – 30.
- Thank you and closing – 5 minutes.
TOPICS
- What does SA’s mining industry need in order to grow and prosper?
- Beneficiating our mineral resources: what needs to be done?
- Mining industry BEE deals: Lessons for the future
- Models for the development of mining communities
- The pitfalls of nationalisation
- State participation in Resources Sector: how & why
Date: 07 October 2011
Subject: What SA’s mining industry needs in order to grow and prosper.
Keynote address: Mark Cutifani, CEO of AngoGold Ashanti
Details: What does it take to sustain South Africa’s mining industry today? Is it the R441bn annual spend on input costs, capital spending, taxes, dividends etc? Is it foreign confidence in the political and economic stability of the country? Is it its contribution to the positive development of the country? Is it keeping the industry in private hands? Is it the need for the state to develop infrastructure? Is it all the above?
And what are the threats to the sustainability of this industry?
Having answered the above, what would the best business approach be for South Africa’s mining houses to sustain themselves far into the future.
Date: 11 October 2011
Subject: Beneficiating our mineral resources: what needs to be done?
Keynote address: Sandile Nogxina Retired Director General of Department of Mineral Resources (DMR)
Details: Sadly, the debate around the nationalisation of South Africa’s mineral resources has overshadowed the thinking on how beneficiation of SA’s minerals could be used to help develop South Africa’s economy and, hopefully, benefit marginalised communities?
The Department of Mineral Resources (DMR) recently published a beneficiation strategy document. This seminar will hopefully examine it more closely, and look into the possibility of new industries, mitigating the unemployment challenge. If it’s so hard to let go of what we already own, could the solution be to share new industries more equitably?
Date: 21 October 2011
Topic: Mining industry BEE deals: Lessons for the future?
Keynote address: Elias Masilela CEO of the Public Investment Corporation
Details: One of the most complicated assertions to unravel in today’s nationalisation debate is the argument that nationalisation would bail out BEE partners who have become deeply indebted.
How are the industry’s BEE deals structured in the main? How many of them exist and what value of the mining industry do they represent? Are they structured in a way that causes indebtedness? What fairer structures might exist? Which have been most successful, and why?
It is hoped that an honest and in-depth analysis at these questions will offer lessons for future BEE transactions, not only in the mining sector but throughout the economy.
Date: 25 October 2011
Topic: Models for the development of mining communities
Keynote address: Paul Kapelus, Director at Synergy Consulting and Founder of African Institute for Corporate Citizenship.
Details: The assumption here is that all mining houses in post-apartheid South Africa would want to leave a positive legacy of their operations rather than merely a hole in the ground.
Assuming that this is true, what would be the best way to ensure that mining communities prosper both during the operation of the mines, and after closure once the resources have been exhausted?
This seminar aims to give a glimpse of the benefits of co-operative developmental relationships between mines and their communities. Including examples of how this can be done and where it’s been done before.
Date: 01 November 2011
Topic:The pitfalls of nationalisation
Keynote address: Bobby Godsell, Chairman, Business Leadershio South Africa.
Details: What would be the real consequences of nationalisation of South Africa’s mines, with or without compensation?
Date: 09 November 2011
State participation in Resources Industry: How & Why;
Keynote address: Julius Malema, President of the ANC Youth League
Details: Very few people in the mining industry who are opposed to nationalisation as advocated by ANC Youth League president Julius Malema have ever heard Malema speak on the subject and hear what his reasons for this call are and how he has articulated it should be executed and for what purpose.
What is behind this nationalisation call by the ANCYL? What alternatives did the ANCYL explore before settling on this position? Why did they decide on this as a solution? How do they propose it be done? What are the benefits of nationalisation for South Africa?
It is hoped that this seminar will offer an opportunity to participants, particularly those opposed to the ANCYL position, to gain a better understanding of what lies behind it.
Speakers
Mark Cutifani, CEO of AngloGold Ashanti.
Sandile Nogxina, retired Director General of the Department of Mineral Resources.
Elias Masilela, CEO of the Public Investment Corporation.
Paul Kapelus, Director at Synergy Consulting and Founder of African Institute for Corporate Citizenship.
Bobby Godsell, Chairman, Business Leadership South Africa.
Julius Malema, President of the ANC Youth League
