18-22 March 2013
Hong Kong Convention
and Exhibition Centre
Conference Day Four 2013
| Thursday 21 March 2013 – Mines and Money Hong Kong 2013 Keynotes and Exhibition Day 2 | |
| 08:00 | Registration and morning coffee |
| 08:45 | Chairman’s opening remarks and business card exchange |
| 09:00 | Mining Keynote: Gold mining: Delivering on the sector’s potential in 2013 • Strategies to take full advantage of a strong gold price • Reinforcing capital discipline and cost containment to meet today’s challenging market conditions • Risk management approaches for the current economic and political environment • Strategies to ensure optimum long term ROI for our investors Charles A. Jeannes, President & Chief Executive Officer, Goldcorp |
| 09:30 | Investment Keynote: Royalty finance: Exploring alternative funding models for mining project developers • Guide to the royalty funding model: Benefits for lender and mine developer • Why the royalty funding model has grown so much as other sources of lending have tightened? • The criteria we look for in a potential investment • How the royalty finance sector will develop over the next few years? • How can Asia’s investors take advantage of this trend? Tony Jensen, President & CEO, Royal Gold |
| 09:55 | Developer Keynote: Turning major discoveries into world-class mining projects |
| Mining costs and economics | |
| 10:20 | The real cost of producing gold – what has to be spent to keep the “doors open” • Understanding C1, C2 and C3 costs – including “soft costs” • Implications of lack of transparency and uniformity in disclosure of costs • Understanding the different component cost structures in different sovereign jurisdictions • Project cost increases – Cyclical or structural • What rising costs mean for the survival of marginal projects and the future shape of the industry Charles Fear, Executive Chairman, Argonaut |
| Mining company spotlights | |
| 10:40 | Steve Leithead, Director, Lindian Resources |
| 10:50 | Stephen Promnitz, CEO, Indochine Mining |
| 11:00 | Chris Bonwick, Managing Director, Independence Group |
| 11:10 | Paul Tweddle, VP Planning and Risk Management, Rio Alto Mining |
11:20 | Clive Johnson, President & CEO, B2Gold |
| 11.30 | Stephen Parsons, Managing Director, Gryphon Minerals |
| 11.40 | Les Davis, Managing Director, Silver Lake Resources |
| Mining finance trends – Private equity | |
| 11.50 | Panel discussion: A good year for PE? Examining the growing role of private equity in mining finance • To what extent have PE funds managed to take advantage of recent weakness in public capital markets to take a greater share of the mining finance market? • How can mining companies benefit from taking the PE funding approach? • What is the capacity of PE to meet the funding needs of the mining industry? • What types of project are attracting the interest of mining-focused PE funds? Moderator: Ken Hoffman, Sector Head, Metals and Mining, Bloomberg Research Panelists include: Bert Koth, Director, Denham Capital Alex Williams, Managing Director, First Reserve International Louis Rozman, Director, Pacific Road Capital Management Mason Hills, Partner, Resource Capital Funds |
Mining company spotlights | |
| 12:20 | Mark Connelly, Managing Director and CEO, Papillon Resources |
| 12:30 | Alwyn Vorster, Managing Director, Iron Ore Holdings |
| 12:40 | Clifford James, President and CEO, TVI Pacific |
| 12:50 | Warren Hallam, Managing Director, Metals X |
| 13:00 | Marrie Goodz, Managing Director, MacPhersons Resources |
| 13:10 | Lenic Rodriguez, President and CEO, Aurcana Resources |
| Mining finance trends – Debt and equities | |
| 13:20 | Raising debt finance in today’s market conditions • Examining the macro trends impacting the mining sector and the availability of project finance • Different constraints and solutions: Moving to a new normal • The rise of mining + infrastructure deals: Trends in debt demand • Examining the potential for project bonds in the mining sector Stephanie Clement de Givry, MD, Head of Natural Resources and Energy Project Finance and Structured Commodity Finance, Asia-Pacific Societe Generale |
| 13:40 | Financing Coal Projects • Understanding the project’s requirements • Understanding the bank’s requirements • Coal mining value chain • Finance providers value add • Key issues and implications Nick Halkas, Executive Director Natural Resources, ANZ |
| 14:00 | Current themes in funding resource projects • Funding and structure insights from the ASX • The Australian capital market advantage • Equity market focus areas for 2013 Alex Passmore, Director, Corporate Finance, Patersons Securities |
| 14:20 | Who can you trust? Doing due diligence on the competent persons report • The role of the competent persons report in investment decision-making • Assessing the quality of competent persons reports • Determining grade and value of resources: Due diligence best practice Dr Matthew Godfrey, Head of Consulting Services China, MICROMINE |
| 14:40 | TMX: A capital opportunity for mining issuers and investors • Why the TSX and TSX Venture Exchanges continue to be the first choice for mine financing • Recent trends in financing activity for the mining sector • Opportunities for institutional and retail investors to gain access to global projects • From explorers to majors: Portfolio diversification opportunities across all stages of mine development to maximize returns Robert M. Fotheringham, Senior Vice President, Equities Trading, TMX Group George Gao, Chief Representative, TSX Beijing Representative Office |
| Mining company spotlights | |
| 15:00 | Marc Johnson, Vice President Corporate Development, Orbite Aluminae |
| 15:10 | Mike Johnson, CEO, Nautilus Minerals |
| 15:20 | Hamish Halliday, Managing Director, Venture Minerals |
| 15:30 | Stephen Tainton, GM, Investor Relations, Metminco |
| 15:40 | Paul Williams, Managing Director, Chinalco Yunnan Copper |
| 15:50 | Ben James, Managing Director, Baobab Resources |
| 16:00 | John Simpson, Executive Chairman, Peninsula Energy |
| 16:10 | Strategies to transition from exploration to development • Selecting the best financing alternative for developing your mining projects • Getting the management composition and board chemistry right • Setting market expectations: Budget to actuals and timelines to development goals • Examining examples of companies that meet the above criteria Marcel De Groot, Co-Founder and President, Pathway Capital |
| 16:30 | Financing and M&A for resource companies – a legal perspective • Issues and trends: as we see them • Traditional fundraising: equity and debt • Monetising stranded assets: including the growth of alternate financing strategies • M&A: optimising exit strategies • A comment about process Justin Harris, Partner, Clifford Chance |
| Energy focus | |
| Mining company spotlights | |
| 16:50 | Len Jubber, CEO, Bannerman Resources |
| 17:00 | Peter Mullens, VP Exploration, Laramide Resources |
| 17:10 | Marcel Hilmer, CEO and Director, Forsys Metals |
| 17:20 | Phil McNamara, CEO, Armour Energy |
| 17:30 | Dr Vanessa Guthrie, Executive General Manager – Wiluna Project, Toro Energy |
| 17:40 | Shale gas: Time to invest, or bubble about to burst? • Demand drivers: Examining the state of the key markets for shale gas • Supply-side: Challenges and opportunities in the North American market • What is the potential for shale gas in Asia? • Where are we in the demand and price curve for shale gas? Peter O’Malley, CEO Asia, Canaccord Genuity |
| 18:00 | Close |
| 19:00 | Asia Mining Awards and Gala Dinner |
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