Generational thinking – rather than focusing only on quarter-to-quarter profitability – is key to seeing out the current commodity slump and growing into Africa’s mining future.
Commenting from the African Mining Indaba in Cape Town, BME international business manager Charles Hurly said that the big picture remained positive, with population growth set to drive commodity demand into the future.
“We all know how cyclical the industry is and we’ve all been here before,” said Hurly. “What is so inspiring at this event is to hear how mining companies are taking the long view in planning for the future – and the future is not far away.”
BME, a leading explosives company based in South Africa, has made significant strides into Africa in recent years, establishing a substantial footprint of services and facilities.
“Being committed to a long-term future in Africa allows us to look beyond the cycles to envision what our business can become through delivering value to customers in a fast-changing and exciting environment,” said Hurly.