S13June 22-28 2017

MININGS u p p l e m e n t

THE Mining, Engineering and Transport Exhibition (Mine Entra) remains the most reputable expo of its kind in Zimbabwe, and one of the largest in the Southern African region.

Having been in existence for a successful 22 consecutive years, the expo has built a solid rep-utation of providing an integral business and net-working platform. Known for its ability to bring together the ‘who is who’ of the relevant sectors, the objective of the expo is to serve the marketing needs of exhibitors and visitors alike.

Mine Entra 2017The 2017 edition of Mine Entra is set for July 19

to 21, 2017 under the theme: Exploring Linkag-es in the Mining Value Chain. The exhibition will seek to unearth the potential, opportunities and growth prospects throughout the mining value chain and its related sectors.

Why participate in Mine Entra 2017?At Mine Entra you will:-• Network with more than 2,500 global pro-

fessionals all with a vested interest in the African mining value chain.

• Engage with potential clients, suppliers and business partners and establish long-lasting val-ue-adding contacts and relationships.

• Gain face-to-face contact with more than 300 local and international companies both on and off the exhibition floor.

• Learn about the latest developments in min-ing worldwide and acquire innovative techno-logical solutions that can improve efficiency and safety.

• Meet with industry experts and hundreds of investors, financiers, policymakers and other min-ing stakeholders at the high level, industry-driven conferences.

Exhibitor profile:We invite exhibitors from the following product

sectors among others:Mining:- specialised companies supplying ex-

ploration, extraction, processing or beneficiation machinery and training requirements for the min-ing sector.

Engineering:- companies and consultants sup-plying expertise in geo-technology, earth scienc-es, electrical equipment, computing, design, earthmoving machinery, chemicals, environmen-tal management and safety devices.

Transport: From raw-materials handling to delivery networks, transport is the key factor in heavy industry and commerce. Conveyers, haul-ers, dumpers, personnel carriers, buses, all-ter-rain vehicles, rail locomotives, road carriers, mass transport, private vehicles, fuel, lubricants and accessories.

Building and Construction: The newest prod-ucts, trends and materials in the building, con-struction and property management industry.

Visitor profileStatistically, 90 percent of all Mine Entra visi-

tors are decision makers from around the region with the potential to invest and engage in busi-ness ventures with local business. These include managers of industrial enterprises, heads of rep-resentative offices of international companies, chief engineers, technologists, geologists, survey-ors, marketing specialists, suppliers and distribu-tors of materials and equipment, service-sector representatives and mining media, among others.

Mine Entra 2017 Diary19 July: Infrastructure Development Confer-

ence 20 July: Mine Entra conference20 July: Mine Entra official opening cocktail21 July: Mine Entra Charity Golf ChallengeMine Entra’s growth reflects a two-decade

investment in building a relevant and targeted tradeshow that has helped uncover Zimbabwe’s wealth and potential in the mining sector. It’s been an amazing journey of 22 years and as proud as we are of our past, we are even more excited about our future.

Register to exhibit at or visit Mine Entra 2017 via our website www.zitf.net. Alternatively, contact our Marketing Team today at zitfmktg@zitf.co.zw to discuss a customised plan to suit your unique needs and budget.

The organisersMine Entra is organised by the Zimbabwe In-

ternational Trade Fair Company, the leading in-ternational exhibitions, events and conference organiser in the country.

Our exhibitions and events are the first place where industry trends, ideas and innovative prod-

Mine Entra: Zimbabwe’s premier Mining, Engineering and Transport Exhibition

ucts are unveiled. We bring together a diverse audience to promote trade and investment in the country.

Founded in 1986, as a non- profit, lim-ited liability private company, the ZITF Company’s vision is to be the world’s first choice in offering innovative opportuni-ties for social and business interaction. The vision aligns with the company’s thrust to constantly reinvent itself with novel event management techniques to

generate maximum benefit for our cli-ents.

Our future-oriented thinking, coupled with zeal to consolidate our market posi-tion, allows us to set new trends within the exhibition industry. While traditional-ly formed to organise and host the mul-ti-sectoral exhibition, Zimbabwe Interna-tional Trade Fair, our product offering has evolved over the years to reflect the new demands of the exhibition industry.

For this reason, we offer digitally-en-hanced services such as online meeting scheduling and an event app for all our major exhibitions, including Mine Entra.

Contact details: Zimbabwe Interna-tional Trade Fair Company, P O Famona,

BulawayoTel: (+263-9) 884911-5Fax: (+263-9) 884921.Email: zitfmktg@zitf.co.zw Website: www.zitf.net.

S14 June 22-28 2017MINING SUPPLEMENT

The project which is said to be a hu-manitarian initiative and not for profit operations is aimed at adding value and creating financial inclusion is a brainchild of South African based Zim-babwean businessman Frank Buyanga.

Only 100 of the $5 African Medallion Dollar (AMD) have been put in circula-tion, and holders have been given cer-tificates that serve as confirmation and guarantee that they possess the genu-ine articles.

The AMD — usually held for the in-cremental value they gain over time are issued by South African-based Af-rican Metallion Group (AMG).

Initially, AMG which has since been registered with the London Metal ex-change — launched 10 one-quarter ounce medallions on April 2, 2017 which sold out before the launch date.

In terms of bids placed with the AMD since last month, the company has seen and witnessed the nominal value of its tokens rise from $5 to $120 as at June 18.

Commenting on the project, Buyan-

ga said: “This project was initiated with no intention to realise profit.”

he said the African Medallion Group was his response to many people who have been asking him what they could do with their money to ensure that it does not lose value.

Buyanga says he firmly believes that everyone must own multiple sources of income and the medallions are one of the many ways.

In his preamble to the AU medal-lion launch, Buyanga said they “believe demand would rise…and any further purchase will be done in consultation with the (original) 100-piece holders through a closed loop trading.”

This gives all initial subscribers po-tential to secure greater returns in fu-ture.

The guaranteed buy back amount was fixed at $5 per each medallion. however future value will be deter-mined in trade amount.

The medallion is a gold backed in-strument. This means it is backed by gold.

As the world loses faith in fiat mon-ey (or paper money), there is a shift towards wealth-baked currencies, in-cluding digital currencies as Bitcoin, ethereum (Russia) and medallions, which

Recently, as global financial markets become increasingly volatile, investors have been shifting their portfolios and investments towards more stable se-curities and havens.

Gold reportedly inched higher on Tuesday, supported by global political uncertainties, after touching a five-week low earlier in the session as a key US Federal Reserve official reaffirmed the central bank’s hawkish stance on interest rate hikes.

Risk aversion due to Brexit, concerns over US President Donald Trump’s ability to carry out financial reforms, election results in europe and Middle east turmoil have provided some sup-port for gold, said Mark To, head of re-search at hong Kong’s Wing Fun.

Gold is used as an alternative in-vestment during times of political and

AMG gold coins gain value

Exclaim enters Zim market

A SOUTh AFRICAN company exclaim Innovations and Solutions (Pty) Ltd, has partnered a local company, CityCare Consulting Services, to spear-head the distribution of its Governance, Risk and Compliance (GRC) technology solution to Zimba-bwean companies. exclaim was founded in 2006 by Anna Jordaan, a chartered Accountant who holds Masters degree in Computer Auditing and Information Systems.

The award-winning firm has been recognised worldwide for introducing a fresh and integrat-ed approach to corporate governance, ensuring that the technology solution provided lays an effective foundation for companies to meet risk and compliance challenges with a truly innova-tive technology that is predictive, easy to use, adaptive, integrated and affordable.

exclaim has the biggest footprint for compli-ance solutions in South Africa. Large financial institutions have invested in the compliance solutions including a number of government institutions, regulators and municipal entities. Some of the reputable clients using exclaim GRC (Governance Risk and Compliance) Technology solutions include ACSA (Airports Company of South Africa), South African Airways, the Finan-cial Services Board (FSB), hollard Insurance, Out-surance, MiWay Insurance, Capitec Bank, Anglo American, Impala Platinum, engen Petroleum, Total Petroleum, Bank of Athens, Albaraka Bank, AeCI, Bidvest, Mr Price, Dept of Science and Tech-nology, and Cashbuild to name a few.

The exclaim Aviation Solution is regarded as the leading risk and compliance advisory solution that assists civil aviation regulators, authorities airport operations, airlines and general aviation in attaining full compliance with their regulatory universe requirements including ICAO and IATA Standards. The software is also used extensively for practical enterprise risk training and assess-ment.

The investment in exclaim Innovations risk and compliance technology solutions has en-abled companies reduce the cost of regulato-ry compliance with relative ease and enabled companies to automate, integrate standardize, streamline processes, create holistic views of risk and compliance and analyse real-time business intelligence.

The newly-appointed group chief executive officer, Michael Duncan, an engineering and avi-ation expert who holds an MSc in Air Transport Management has been brought into exclaim to expand the global presence of exclaim Innova-tions and Solutions. Duncan, is excited with the recent development of expanding into Zimba-bwe through its partnership with CityCare Con-sulting Services.

The decision to partner with CityCare Consult-ing recognises its efforts to become a formidable player in providing innovative risk and compli-ance management advisory services. CityCare Consulting becomes the only advisory company in Zimbabwe that has managed to form strate-gic alliances with global partners such as exclaim Innovations and Solutions to provide innovative and affordable risk and compliance technology solutions to the Zimbabwean market.

www.exclaim.co.za

THE African Medallion Group special coins un-veiled to commemorate the African Union (AU)’s 54th anniversary have risen by 2 600 percent in

value a month after its launch.

S15June 22-28 2017 MINING SUPPLEMENT

HWANGE Colliery Company Limited (HCCL) recently commemorated the 45th anniversa-ry of the Kamandama mine disaster.

The 45th annual Kamandama disaster was celebrated amid assurance by the company’s board that safety and health were top prior-ity.

In 1972, 427 mine works perished following a mine explosion that occurred in two stan-zas.

The event is held to pay tribute and honour 427 miners who perished in the Kamandama underground mine shaft disaster in 1972.

This is an important landmark event in Zimbabwe and the Southern Africa Develop-ment Community region’s history.

More than a third of the victims were mi-grant workers from Malawi, Namibia, Mo-zambique and Botswana.

Since the day of the tragic explosion, HCCL has organised commemorations which are punctuated by a two day event comprising a golf tournament and the main event day on June 6.

On the morning of June 6, 1972, 427 coal miners perished in a suspected methane gas explosion in Hwange Colliery Kamandama Shaft.

1972 mine disaster victims remembered

The tragedy claimed 427 lives.

The Kamandama mine disaster has been the worst mining tragedy in Zimbabwe’s history.