The SAIMM is a professional institute with local and international links aimed at assisting members source information about technological developments in the mining, metallurgical and related sectors.
Investors are shunning the mining sector, data from Thomson Reuters shows, as they struggle to forget the string of multi-billion dollar takeovers and expensive development projects that left them empty handed.
A decade-long commodity boom coincided with years of economic growth when China took off, but when the global economy slowed, so did the market for commodities from oil to copper.
Gold miner Acacia Mining confirmed on Friday it had begun to value its Tanzanian operations for a potential sale after expressions of interest from Chinese buyers.
"The company is engaging with a small number of potential investors, the process remains at a very early stage and there can be no certainty that an agreement will be reached," the London-listed miner said in a statement.
President Cyril Ramaphosa, who sought to align his nascent presidency as closely as possible with that of President Nelson Mandela in his inaugural State of the Nation (SoNa) address on Friday night, announced that a jobs summit would be convened in the coming months to allow social partners to come up with "practical solutions" to the country’s high unemployment rate. Framed under the theme of "hope and renewal", the address was not characterised by the disruptions to which South Africans had become accustomed in recent times. Instead, the mood was joyous and collegial, with a number of Ramaphosa’s points being warmly applauded.