21st Annual Investing in African Mining Indaba

2013 Mining Indaba – Keynote Speakers

Mark Cutifani

Mark Cutifani
Chief Executive Officer
Anglo American

Mark Cutifani was appointed to the Board of AngloGold Ashanti on 17 September 2007 and as Chief Executive Officer on 1 October 2007.

Mark has considerable experience in mining, having been associated with the industry since 1976. Prior to joining AngloGold Ashanti, he held the position of Chief Operating Officer at CVRD Inco, a Toronto based company, where he was responsible for Inco's global nickel business and Chief Operating Officer of Inco Ltd in Canada before CVRD's takeover of Inco.

Prior to his Vale and Inco roles he held senior executive positions with the Normandy Group, Sons of Gwalia, Western Mining Corporation, Kalgoorlie Consolidated Gold Mines and CRA (Rio Tinto). Mark is a mining engineer by training with several published papers and presentations.

In his 34 years in operations, business development and corporate roles he has had responsibilities across 6 continents, more than 25 countries producing more than 20 commodities. Mark is also very active in the industry associations and educational institutions.

He is currently a Vice President of the South African Chamber of Mines, an Executive member of Business Leadership South Africa (and the designated spokesman for health reform in SA) and he is involved in or on advisory committees with University of Pretoria(SA), University of Cape Town(SA,), FDC(Brazil) and Kellogg (US). AngloGold Ashanti was one of the founding members of the International Council on Mining & Metals in 2001.

Mark is also very active in the industry associations and educational institutions. He is currently a Vice President of the South African Chamber of Mines, an Executive member of Business Leadership South Africa (and the designated spokesman for health reform in SA) and he is involved in or on advisory committees with University of Pretoria(SA), University of Cape Town(SA,), FDC(Brazil) and Kellogg (US). AngloGold Ashanti was one of the founding members of the International Council on Mining & Metals in 2001.

Dr. Marc Faber

Dr. Marc Faber
Marc Faber Limited


Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude.

Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong.

Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, MARC FABER LIMITED which acts as an investment advisor, fund manager and broker/dealer.

Dr Faber publishes a widely read monthly investment newsletter “THE GLOOM BOOM & DOOM” report which highlights unusual investment opportunities, and is the author of several books including “TOMORROW’S GOLD – Asia’s Age of Discovery” which was first published in 2002 and highlights future investment opportunities around the world. “TOMORROW’S GOLD” was for several weeks on Amazon’s best seller list and has been translated into Japanese, Korean, Thai and German. Dr. Faber is also a regular contributor to several leading financial publications around the world.

A book on Dr Faber, “RIDING THE MILLENNIAL STORM”, by Nury Vittachi, was published in 1998.

A regular speaker at various investment seminars, Dr Faber is well known for his “contrarian” investment approach. He is also associated with a variety of funds.

Dr. David Humphreys

Dr. David Humphreys
DaiEcon Advisors


David Humphreys is an independent consultant based in London providing advisory services on economic and mineral industry matters to mining companies, financial institutions and international agencies. David was previously chief economist of the London-based mining company, Rio Tinto, and of Russia’s largest mining company, Norilsk Nickel. Prior to entering the mining industry, David worked for nine years in UK government service, for six of these as an advisor on minerals policy.

David has written and lectured extensively on the economics of the mining industry, authoring over one hundred and fifty articles and papers on subjects ranging from commodity markets, trends in the mining sector, speculation, sustainable development, mining in Russia, the impact of China, and national minerals policy.

He has been a visiting scholar at the Colorado School of Mines and the Catholic University of Chile in Santiago, a Bosch Fellow at the Transatlantic Academy in Washington DC, and is an honorary lecturer at the University of Dundee. He is a non-executive director of Russian gold miner Petropavlovsk and writes a regular column for Mining Journal. He has a bachelor’s degree and PhD from the University of Wales.

Dr. Dambisa Moyo

Dr. Dambisa Moyo
International Economist and Author


Dambisa Moyo is an international economist who analyzes the macroeconomy and global affairs.

She is the author of the New York Times bestsellers Dead Aid: Why Aid is Not Working and How There is a Better Way for Africa and How the West Was Lost: Fifty Years of Economic Folly and the Stark Choices Ahead.

Her new book, Winner Take All: China’s Race for Resources and What it Means for the World, was published in June 2012.

In 2009, Dambisa was named by TIME Magazine as one of the “100 Most Influential People in the World,” and she was named to the World Economic Forum’s Young Global Leaders Forum. Her writing regularly appears in economic and finance related publications such as the Financial Times and the Wall Street Journal.

Dambisa is a contributing editor to CNBC, the business and finance news network. She is a patron of Absolute Return for Kids (ARK), a hedge-fund supported children’s charity, and she has travelled to more than 50 countries.

She completed a PhD in economics at Oxford University and holds a Masters degree from Harvard University. She completed an undergraduate degree in chemistry and an MBA in finance at American University in Washington, D.C.

Dr. Mamphela Ramphele

Dr. Mamphela Ramphele
Chair of Gold Fields, Founder of Letsema Circle and Founder of The Citizens Movement in SA


Mamphela Ramphele, a South African national, is the Founder of Letsema Circle, a Cape Town based specialist Transformation Advisory Company in both the public and private sector. She is Chair of Technology and Innovation Agency, established in 2009, to help stimulate greater use of technology to address socio-economic challenges and promote sustainable economic growth. She was appointed Chair of Goldfields in November 2010.

She is also Chair of Eduloan and Director of Anglo American Plc. She was Chair of Convenors of the Dinokeng Scenarios sponsored by Nedcor/Old Mutual (see www.dinokengscenarios.co.za) that have energized national debates on South Africa’s future, launched in May 2009. The key message is that futures are created by citizen-leaders. She served as a Managing Director of the World Bank from May 2000 to July 2004. She served as Co-Chair on the Global Commission for International Migration (GCIM) between 2004-2005.

Prior to joining the Bank, Mamphela Ramphele was Vice-Chancellor of the University of Cape Town, a post she took up in 1996, becoming the first black woman to hold this position at a South African university. She joined the university as a research fellow in 1986, and was appointed Deputy Vice-Chancellor five years later.

She is an author of many important titles about critical socio-economic issues in South Africa. She has received numerous prestigious national and international awards, including 23 honorary doctorates acknowledging her scholarship, her service to the community, and her leading role in raising development issues and spearheading projects for disadvantaged persons throughout South Africa.

She qualified as a medical doctor at the University of Natal in 1972. She holds a PhD in Social Anthropology from the University of Cape Town, a BCom degree in Administration from the University of South Africa, and diplomas in Tropical Health and Hygiene, and Public Health, from the University of Witwatersrand.

H.E. Mrs. Susan Shabangu

H.E. Mrs. Susan Shabangu
Minister of Mineral Resources
Republic of South Africa


Susan Shabangu is the Minister of Mineral Resources of the Republic of South Africa as well as a member of the African National Congress’ National Working Committee. She serves on the National Executive Council (NEC) of African National Congress. Shabangu sat on the Board Directors of the 2010 FIFA World Cup LOC.

  • Minister of Mineral Resources of the Republic of South Africa since 11 May 2009.
  • Member of the African National Congress (ANC) National Working Committee since December 2007.
  • Member of National Executive Council (NEC) of African National Congress (ANC).

Academic Qualifications

Attended Madibane High School in Soweto (1977).

Career/Positions/Memberships/Other Activities

  • Became involved in political career since 1980.
  • Assistant Secretary, Federation of South African Women (FEDSAW), Federation of Transvaal (1980).
  • Active member of the Anti-Republic Campaign Committee (1981).
  • Involved in the formation of the Release Mandela Campaign Committee (1982).
  • Organiser/Administrator for the Amalgamated Black Worker’s Project (1984 – 1985).
  • Representative of the Transport and General Worker’s Union (T and GWU) at the Industrial Council.
  • National Women’s Co-ordinator for the Transport and General Workers Union (T and GWU).
  • Member of the Congress of South African Trade Unions (COSATU) National Women’s Sub-Committee working with women’s issues and representing the T and GWU on National level.
  • Involved in the voter education programme with COSATU National Election Task Team aimed at workers during the election campaign.
  • Served in the ANC National Election Steering Committee. – Elected at a COSATU Special Congress as a regional candidate to the National Assembly (1994).
  • Advisor to the September Commission assigned to look at future of the unions during transitional stage and later Member of Parliament.
  • Has actively participated in committees such as Labour, Transport and Trade and Industry since 1994.
  • Served in the ANC East Rand PCO Management Committee (1995 – 1996).
  • Deputy Minister of Minerals and Energy of the Republic of South Afrrica (April 1996 – April 2004).
  • Vice-Chairperson of the National Labour and Development Institute.
  • National Treasurer of SANCO
  • Deputy Minister for Safety and Security of the Republic of South Africa from April 2004- 10 May 2009.. Source:The Presidency

Bernard E. Sheahan

Bernard E. Sheahan
Director of the Infrastructure and Natural Resources Department, Africa and Latin America
International Finance Corporation - The World Bank Group


Bernie Sheahan is Director of the Infrastructure and Natural Resources Department, Africa and Latin America, for the International Finance Corporation (IFC). He is responsible for IFC’s investments in Latin America and Sub-Saharan Africa in power, transport, utilities, telecommunications and extractive industries. From 2007 to 2010 he was responsible for investments in power, transport and utilities for Africa, Latin America and Eastern Europe. Prior to this Bernie from 2003 to 2007 was Director of IFC’s Infrastructure Advisory Department which supports the efforts of IFC member countries in introducing private participation and public-private partnerships, in the delivery of public services.

Bernie has also served as Director of Strategy, from 1999 to 2003, with responsibility for the development of IFC’s operational strategy and business plans, led IFC’s initiative on incorporating sustainability into the Corporation’s activities and the development of the Equator Principles, been Manager for Strategy in Latin America and the Caribbean, and in 1998 acted as the first Change Manager for the IFC. He has also been a Visiting Lecturer on Project Finance at the Georgetown School of Business.

Bernie holds a Bachelor’s Degree from Dartmouth College and an MBA fromHarvardUniversity. He is an American and French national.

Kobus van der Wath

Kobus van der Wath
Founder & Group Managing Director
The Beijing Axis


Kobus is the Founder and Group Managing Director of The Beijing Axis (www.thebeijingaxis.com), a China-focused international advisory and procurement firm operating in four principal areas: Commodities, Capital, Procurement and Strategy. Clients include global multinationals with a ‘China/Asia agenda’; and Chinese/Asian multinational firms with a ‘go-global agenda’.

Kobus has been working in Asia for over 18 years and is based in Beijing. Before founding The Beijing Axis, he was Head of Investment Strategy and Global Market Research for Asia Pacific for Standard Chartered Bank Plc and, prior to that, he was a Senior Strategy Consultant with the Boston Consulting Group (BCG) in Asia. In his early career, he was an Emerging Market Investment Strategist in London; a Treasury Economist with Standard Merchant Bank in Johannesburg; and an Economist with the South African Reserve Bank in Pretoria.

He holds an MBA from INSEAD in France, a Master of Business from Curtin in Australia and BCom Honours degrees in Finance/Investments and Economics, respectively from UJ and Unisa in South Africa.

He is regarded as a thought leader in China cross-border business, has published extensively and has been invited to present as the keynote speaker and to lead discussions in over 20 countries.