As President Trump signals U.S. interest in developing Africa’s mining sector, the Ministry of Mines and Energy and the Liberia Chamber of Mines have seized the moment to woo investor interest in the country’s mining sector.
Speaking at the prestigious Mining Indaba 2025 conference in Cape Town, South Africa, the Minister of Mines, Wilmot Paye, and Chamber President, Amara Kamara, made a strong pitch to investors, emphasizing the country’s democratic stability, strategic location, and abundant untapped mineral resources.
The Minister and Chamber President’s efforts drew significant interest from global mining companies, with many investors keen on exploring opportunities in the West African nation–positioning the country as a competitive player in Africa’s rapidly evolving mining sector.
Speaking as Liberia pitched, Scott Woodard, the acting deputy assistant secretary of state for energy transformation at the U.S. State Department, noted that President Trump had signed an executive order emphasizing minerals, mineral extraction, and processing.
According to Woodard, the order contains multiple references to international collaboration, demonstrating a strategic push for stronger U.S. engagement in Africa’s mining sector.
“If you read closely, you’ll see repeated references to cooperating with partner nations,” Woodard stated, signaling potential opportunities for African countries like Liberia to engage with American investors.
Key among the highlights from Minister Paye and Kamara’s presentation was an invitation from South Africa’s Minister of Minerals and Petroleum Resources, Gwede Mantashe, and Deputy Minister Nonceba Mhlauli for a high-level gala meeting at Cape Sun Hotel, which centered around exploring investment ties between Liberia and South Africa. Others who joined the meeting included Mzila Mthenjane, CEO of the Minerals Council of South Africa, and Professor Iqbal Jhazbhay.
According to the Chamber President, the strong interest from global investors signals a promising future for Liberia’s mining industry and positions the country as a key player in the sector’s growth across Africa.
“The strong interest from global investors signals a promising future for Liberia’s mining industry, positioning the country as a key player in the sector’s growth across Africa,” Kamara said.
The Mining Indaba is Africa’s largest annual mining investment conference, bringing together government leaders, mining executives, and financiers to discuss the future of the industry.
The event serves as a key platform for networking, deal-making, and policy discussions, shaping the direction of Africa’s mineral sector. It provides a gateway for African nations to attract foreign direct investment and expand their mining industries.
At the conference, Minister Paye and the Liberian delegation met and networked with top mining industry leaders and CEOs, discussing Liberia’s rich deposits of iron ore, gold, diamonds, and other earth minerals.
Sign up for free AllAfrica Newsletters
Get the latest in African news delivered straight to your inbox
Success!
Almost finished…
We need to confirm your email address.
To complete the process, please follow the instructions in the email we just sent you.
Error!
There was a problem processing your submission. Please try again later.
The country’s mining sector presents vast investment opportunities, as its proximity to European and North American markets makes it a strategic destination for mining operations, offering a competitive advantage for investors seeking long-term growth.
The Liberian delegation to the Mining Indaba 2025, which was held from February 3-6, was led by Minister of Mines and Energy Wilmot Paye, William S. Hines, Deputy Minister for Operations, Carlos Edison Tingban, Assistant Minister for Mines, Anthony Kullie, Director of the Liberia Geological Survey, in collaboration with the President of Liberia Chamber of Mines, Amara KAMARA.
ADVERTISEMENT
Source link : https://allafrica.com/stories/202502120312.html
Author : editor@liberianobserver.com (Liberian Observer)
Publish date : 2025-02-12 10:13:01
