Urgent action needed to link mining with region's development objectives

Abstract

On the margins of Africa’s largest annual mining conference, “Mining Indaba”, multilateral development organizations have called on the private sector to join forces with the min ensuring the revenues from mining are reinvested in people. Issued on the newly created Africa Mining Vision Day, the call comes amidst a downward trend in commodity prices and in particular minerals, which has raised uncertainty on the momentum of the continent’s sustainability agenda. For instance, during the first four months of 2013, mining stocks fell nearly 20 percent.