PAC Capital, others to sponsor mining summit

PAC Capital Limited has joined others to sponsor the ‘2021 Investing African Mining Indaba conference.’

In a statement, the company noted that the conference was dedicated to the development of mining in Africa.

The development serves as PAC’s first step towards exploring emerging opportunities in Africa’s mining industry.

The Deputy Managing Director, Babatunde Oyekunle, said, “There is an increasing focus from more African countries towards maximising the huge untapped resources in the mining sector, and Nigeria is not an exception. African Mining Indaba is a unique conference to explore necessary collaborations and partnership towards maximising the potential.”

Also, the Managing Director, Humphrey Oriakhi, commented, “The restrictions imposed by the current pandemic have limited physical gatherings, and mining activities are not exempted.

“However, the pandemic has also shown that gold remains a viable store of value, even in a technology-driven world.”

Meanwhile, the organisers reportedly said, “We are delighted to confirm PAC Capital Limited among other sponsors, including Anglo American, Sibanye-Stillwater, Rio Tinto, Vedanta and Exxaro Resources.”

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