Kingsrose Mining (ASX:KRM) is attending this week’s Mining Indaba 2025 in Cape Town, as it conducts a global search for base and precious metals assets.
While Kingsrose has been focused on critical minerals exploration projects currently in the Nordic regions, the company says as one of the world’s major mining conferences, Indaba provides a key opportunity to engage with companies about their assets and explore potential inorganic growth opportunities such as acquisitions and joint ventures.
“With a strong cash position of $27 million, we have the flexibility to review a wide range of projects across different commodities and jurisdictions. We’ll also be meeting with mining majors to discuss our own assets and future joint venture opportunities,” a company spokesperson tells Mining.com.au.
It’s the first time Kingsrose will be attending the event. Since its inception in 1994, the Investing in African Mining Indaba conference has become a pivotal event for mining professionals, investors, and industry leaders looking to capitalise on the vast opportunities in Africa’s mining sector.
With a focus on fostering long-term economic growth and sustainability, the event serves as a premier meeting place for networking, deal-making, and discussions on topics such as technological advancements in mining, sustainable mining practices, and investment opportunities in African mining projects.
As the event continues to grow in size and influence, it remains a crucial platform for shaping the future of mining on the African continent.
Meanwhile, Kingsrose and partner BHP (ASX:BHP) have collected rock chips from the Finnmark Project in Norway that have returned copper grading up to nearly 30% from polymetallic veins.
As reported by Mining.com.au 30 January, 5,067 line kilometre airborne gravity gradiometry survey was completed last year along with 554 soil samples and 208 rock chip samples.
“High-grade” copper in polymetallic copper-gold-platinum group elements sulphide veins was discovered in the Porsanger and Virdnechokka areas.
This exploration was part of one of the largest scale generative exploration programs in Europe, under alliances funded by BHP – a partnership born out of the BHP Xplor program.
From this program, mining heavyweight BHP identified a particular standout that it committed to a subsequent multi-million-dollar, multi-year partnership with. Kingsrose made its mark as the first listed company to secure a partnership as a direct result of the BHP Xplor initiative.
Investing in African Mining Indaba is committed to shape the trajectory and position the African mining sector as Africa’s foremost sector, driving sustainable investment and fostering economic growth.
With the goal of creating a platform in the mining industry to increase foreign investment and evolve into a global forum for disruptive discussions that address the challenges and opportunities that the mining sector faces head on.
This vision includes promoting responsible mining practices, fostering partnerships with local communities, and ensuring transparency and accountability in the industry. By bringing together key stakeholders from around the world, Mining Indaba aims to drive innovation, promote transparency and collaborate to create a more resilient and prosperous future for the African mining sector.
The company will also be exhibiting at this year’s Prospectors & Developers Association of Canada (PDAC) event being held from 2-5 March in Toronto, Canada.
The annual award winning convention brings together up to 30,000 attendees from over 130 countries for its educational programming, networking events, as well as business and investment opportunities.
Mining.com.au is an official media partner for the upcoming event. To register for PDAC 2025 click here.
Write to Adam Orlando at Mining.com.au
Images: Indaba & Kingsrose
