Delegates at the recent Investing in African Mining Indaba 2012 had a unique opportunity to participate in the Deloitte Insomnia Index, which aims to identify the pressing issues that keep mining business leaders awake at night. The fourteen themes were selected with the specific challenges and opportunities mining companies could face when expanding their business into Africa. The Mining Indaba insomnia index results show that the top four opportunities mining professionals see in Africa are Exploration, Emerging Markets, Mergers & Acquisitions and Technology. The top four challenges identified by the Indaba delegates are: Infrastructure, Price Volatility, Skills and Reporting & Compliance.In opportunity terms, Africa is home to the majority of the world’s mineral wealth and is therefore seen as a huge opportunity for mines and making exploration top of the opportunity list. Many parts of Africa are seen as an untapped market and therefore a potential growth opportunity. The expected demand from emerging markets for minerals could be seen as an offset to some of the risk that entering a new market brings. Africa’s relatively central location to emerging markets can be seen as a benefit as from a supply chain perspective, both inbound and outbound. The major players in mining are typically target acquisition of developed assets and possibly see acquisitions of existing mid-tier mines operating in Africa as a faster growth and penetration strategy. Mergers and acquisitions could overcome the lack of skills, local knowledge, goodwill and technology that mines could encounter when expanding into Africa. The consolidation of the mid-tier market specifically in South Africa could be another influencer for delegates seeing mergers and acquisitions as a big opportunity. Finally, technology is an enabler for mines to mine deeper, assist with health and safety analytics and practices, employee training and to optimise operating efficiencies to name a few. It is therefore no surprise that miners see technology as an opportunity when considering expanding their business into Africa.Moving on to challenges, the impact operating efficiency due to lack of infrastructure in Africa is seen as a massive challenge for mines. The lack of rail and road, as well as power and water in large parts of Africa make it incredibly difficult for companies to start operations in Africa. Mines need to consider the extra funding and potential partnerships with local Governments in order to operate in Africa. Price volatility is a global challenge and so it is not a surprise that executives see this as a challenge when considering doing business in Africa. The large fluctuations could impact significantly on profitability, cash flow and input costs which ultimately negatively impact the investment case. The respondents listed skills as a main challenge when considering doing business in Africa. Mid-tier miners who are not afforded the same access to a global network of skills that the large-scale miners have, may see this as more of a challenge as the cost of importing skills to remote areas in Africa can be very high. Attracting skills into remote locations continues to be a problem mines face as well as making careers in the mining industry attractive. Reporting and compliance in the different countries in Africa can be difficult to navigate without local knowledge and understanding of the specific requirements. Respondents listed this as the fourth biggest challenge when looking to expand their operations into Africa.
BM GranollersGranollers Cup 2016Pep Blanchart One of the most beautiful summer youth handball stories is coming from Spain, where the famous handball city, Granollers, where people adore our sport, from year to year raising standards in organization of Granollers Handball Cup (June 29 – July 3, 2016). The new waves of fantastic handball energy waiting for those teams which choice will be attending of the tournament with a huge tradition and numbers. Handball-Planet.com speaks with Pep Blanchart, tournament director, also responsible for the present of one of the best Spanish teams of all time – BM Granollers. – The preparations for the new edition of the Granollers Cup start during the same week that we play it – says Blanchart and adds:– From the day that we finished one edition we begin to think about new ideas, new inputs, to get the most from doing more attractive the new editions for the players who will come to Granollers to play and enjoy their handball time. We have prepared program during all the year, so on June 29 everything will be ready. From October to March is the most intensive promotion period for Granollers Cup in order to attract the teams from all over the world, to get some teams and countries here in Granollers. At the moment, we have teams from eight different countries for edition 2016.How difficult is to work on such a big project?– The Granollers Cup is the biggest youth event in organization of our club, but BALONMANO GRANOLLERS have a big number of teams (30 teams in all categories this year). We have the senior team Male and Senior team Female in Premier Division (ASOBAL) in Spain. We work hard in this project because our club’s philosophy of club is to work with the young players. We feel proud on our work with putting efforts in Granollers Cup project.How important is Granollers CUP for Granollers as a city and as a club?– Granollers is not a very big city , about 60.000 habitants . All pavilions, very handball tournament taking place, are very close and that gives a very good handball atmosphere. Almost all playing courts are indoor with Olympic Hall in Granollers, which are the main point of the Granollers Cup. The city lives handball and put a lot of emotions during the Granollers Cup every year.What will be new in 2016 in comparation with year’s before. Do you prepare some new experience for all the participants?– We are trying always to prepare new things and provoke some new emotions from the participants. We are working to provide some new experience, starting from the Opening Ceremony, but also with some other activities during the Cup – concludes tournament director, Pep Blanchart.FIND ALL THE INFORMATIONS ABOUT GRANOLLERS CUP 2016. ← Previous Story Germany without Dissinger and Weinhold? Next Story → Norwegian come-back for a point against Macedonia