GOLD AND PRECIOUS METALS DAY 08-04-11
Date: Friday 8th April 2011
Gold has continued its near ten-year bull run. The price averaged US$872/oz in 2008, US$972/oz in 2009 and breached US$1,300/oz in October 2010. Much of the increase has been attributed to the burgeoning interest from investors.
Mined production contributed 62% of the total supply in 2009, with scrap recovery adding 37% (one of the largest contributions ever from this sector). Official sales collapsed in 2009 (down almost 90%) as central banks reversed their earlier bullion-selling strategies.
With the worldwide economic recovery looking fragile, and the US dollar weakening, the short-term conditions for gold look set fair.
Please scroll further down the page for company and individual speaker biographies.
The Lincoln Centre
The Lincoln Centre is just minutes away from Holborn, Chancery Lane and Covent Garden underground stations.
Address:
The Lincoln Centre
18, Lincoln's Inn Fields
London
WC2A 3ED
Agenda
Gold & Precious Metals Day 2011
09.45 – Registration
10.45 – Expert Speaker: Jeffrey Christian, Managing Director & Founder, CPM Group
11.15 – Kopylovskoye AB, Anna Daun Wester, Vice Director, Investor Relations
11.40 – Pan African Resources, Cobus Loots, Financial Director
12.05 – DRD Gold, Neil Pretorius, CEO
12.35 – Networking Lunch
13.35 – Cluff Gold, Peter Gardner, Finance Director
14.00 – Ariana Resources, Kerim Sener, Managing Director
14.25 – Orvana Minerals, Bill Williams, Vice President, Corporate Development, President, Orvana USA
14.50 – Coffee Break
15.30 – Gold Ore Resources, Glen Dickinson, Chairman of the Board, CEO, Director
15.55 – Rio Alto Mining, Alex Black, President & COO
16.20 – Lydian Resources, Roderick Corrie, CFO
16.45 – Networking Drinks & Canapes
Presenting Companies
CPM is a commodities research, consulting, investment banking and asset management company.
Gold-Ore is an international mining and exploration company with one operating gold mine and several gold and base metal exploration properties at various stages of development. The Bjorkdal Gold Mine and the company's exploration properties are all located in the safe, highly developed and mining friendly jurisdiction of Sweden.
South Africa-based DRDGOLD has exited deep-level underground mining in order to focus on lower-risk, lower-cost, higher-margin gold production from the retreatment of surface tailings. With a current surface gold resource of 11Moz – and total surface throughput from current operations in FY11 of 20.3Mt for the production of 144 065oz – the company now ranks as the world’s biggest producer of gold from tailings retreatment.
Rio Alto Mining Limited (BVL: RIO; TSX-V: RIO; OTCQX: RIOAF; Frankfurt: MS2) is a Canadian based resource company focused on the development of the 21,000 ha La Arena gold / copper project, located in north central Peru, the most prolific gold mining district in the country.
Orvana is a gold producer with significant growth opportunities and a strong balance sheet. Orvana owns and operates the Don Mario Mine in Eastern Bolivia and is developing two promising assets: the recently acquired El Valle-Boinás/Carlés gold-copper project in Northern Spain and the Copperwood copper project in Upper Peninsula of Michigan, United States.
Cluff Gold plc is focused on the identification, acquisition, development and operation of gold deposits in West Africa that are amenable to open-pit mining and low cost production techniques.
Ariana Resources plc is an AIM-listed and PLUS-traded gold exploration and development company.
Pan African is a South African based precious metals mining company producing approximately 95,000 ozs of gold and, when in full production in May 2012, 12,000 ozs pgm per annum.
Lydian International is a mineral exploration and development company with expertise and a proven track record in discovering and developing new gold projects in unfamiliar and frontier settings.
Kopylovskoye AB is a public listed Swedish gold exploration company with short name KOPY and listed from August 27 at Nasdaq OMX First North.
Speakers
CPM Group: Jeffrey M. Christian, Managing Director and Founder
Jeffrey M. Christian, Managing Director and founder of the firm, is one of the world’s foremost authorities on the markets for precious metals. He also is well known for his work on copper, foreign exchange markets, and other commodities. Mr. Christian also is considered one of the world’s premier authorities on commodities derivatives, both for hedging and investment purposes. He has worked with governments and organizations such as the United Nations, World Bank, International Finance Corporation, and International Monetary Fund, as well as with many of the world’s largest and most prominent mining companies, industrial companies, investment banks, and institutional and individual investors.
He has written and spoken extensively about precious metals and commodities markets, as well as world financial and economic conditions. He has been involved in much of the pioneering work applying economic analysis and econometrics to commodities markets, as well as efforts to improve the quality of commodities market research. Mr. Christian created CPM Group in June 1986, when he and his associates within the Commodities Research Group in the Goldman, Sachs Investment Research Department left that company as a unit to set up an independent research company.
Kopylovskoye AB: Anna Daun Wester, Vice Director, Investor Relations
Swedish citizen, born 1978. Joined Kopylovskoye AB as in February 2010.Education: MSc degree in Mechanical Engineering, Lund University. Finance, Stockholm School of Economics.
Experience: 2005 Volvo Car Corp. as purchaser. Late 2005-2008 sales and marketing positions at Unilever. 2008-2010 Investment Manager at Cancale Förvaltnings AB. 2010- Vice President Kopylovskoye AB Holdings Kopylovskoye: 6 675 shares
Ariana Resources, Kerim Sener,Managing Director
Kerim graduated from the University of Southampton with a first-class BSc (Hons) degree in Geology in 1997 and from the Royal School of Mines, Imperial College, with an MSc in Mineral Exploration in 1998. After working for Independence Gold Mining Pvt. Ltd. (Lonmin Zimbabwe) he completed a PhD at the University of Western Australia. During his PhD, in 2000-2003, he worked with ASX-listed Northern Gold NL in the Northern Territory and on a variety of exploration consultancy projects in Western Australia. In 2009, he completed his military service in Turkey.He is a Fellow of The Geological Society of London, Member of The Institute of Materials, Minerals
DRD Gold Limited, Neil Pretorius, CEO
Daniël (Niël) Pretorius was appointed Chief Executive Officer of DRDGOLD Limited on 1 January 2009. He joined the company on 1 May 2003 as Legal Adviser; was promoted to Group legal Counsel on 1 September 2004; and then to General Manager: Corporate Services on 1 April 2005. He became Chief Executive Officer of DRDGOLD’s operating subsidiary, DRDGOLD South African Operations (Pty) Limited on 1 July 2006 and Managing Director on 1 April 2008. A director of Rand Refinery Limited, he has 16 years’ experience in the mining industry.
Rio Alto Mining, Alex Black, President & COO
Alex Black lives in Lima, Peru and has 30 years experience in the mining industry. Mr. Black holds a BSc in Mining Engineering from the University of South Australia and is a member of the Australasian Institute of Mining and Metallurgy. Prior to moving to Peru in 2000, Mr. Black was the founder and Managing Director of international mining consulting services group Global Mining Services from 1994 to 2000. In 1996, Mr. Black also founded and was Chairman of OFEX listed AGR Limited with exploration projects in Ghana and Mongolia. In 2002, Mr. Black took control of Chariot Resources Limited as a listed TSXV shell and played a key role in the acquisition of the Marcona Copper Project and formation of the Korean joint venture with Chariot Resources. Upon his resignation as Chairman & Executive VP of Chariot Resources in 2006, Mr. Black returned to Peru and founded the Peruvian registered Rio Alto S.A.C. Mr. Black was the Chief Executive Officer, President and a director of Rio Alto prior to the acquisition of the company by Mexican Silver Mines (since renamed Rio Alto Mining Limited).
Gold Ore Resources, Glen Dickinson, Chairman of the Board, CEO, Director
Glen has served as a director of Gold-Ore Resources Ltd. since 1996 and has now assumed the role of Chairman of the Board.Most recently, Glen served as President and Director of Cumberland Resources Ltd. and under his stewardship; Cumberland became one of the premier gold explorers in Nunavut. He is directly responsible for the acquisition and discovery of two multi-million ounce gold deposits in the Nunavut.
As a field geologist Glen thrived on prospecting and now brings those years of pragmatic experience to Gold-Ore's boardroom. Glen brings business skills that have been well honed over the last 25 years.
Pan African Resources, Cobus Loots, Financial Director
Cobus Loots is a principal with Pan African’s BEE partner, Shanduka Resources (Pty) Ltd. He is a qualified Chartered Accountant (SA) and a CFA® Charterholder. He served articles with Deloitte & Touche, and was an audit manager with the firm prior to leaving in order to pursue a career in finance. Cobus’ experience includes mining specific acquisitions and finance, as well as management of both exploration and producing mineral assets.
Lydian International , Roderick Corrie , CFO
Mr. Corrie is a strategic advisor with experience in a variety of companies. He has held both executive and non-executive roles in corporate finance, health, property, technology, advertising, investment and manufacturing companies. Mr. Corrie has held senior positions within the banking industry, he is an Associate of the Chartered Institute of Bankers and a Member of the Securities Institute. He is a non-executive director or the AIM listed Europa Oil & Gas PLC.
Cluff Gold, Peter Gardner, Finance Director
Mr Gardner joined the Group on 1 October 2009. Previously Chief Finance Officer for Alexander Mining plc and Corporate Finance Manager at PKF (UK) LLP, he is a Qualified Chartered Accountant with a breadth of experience in financial management and corporate finance in the natural resources sector. Since joining the Group, he has implemented a number of improvements to the financial reporting systems and procedures. Based in the London office, he travels to West Africa regularly
Orvana Minerals Corp , Bill Williams , Vice President, Corporate Developmen, President, Orvana USA
Dr. Williams has been Vice President, Corporate Development of the Company since March 2008. He received his Ph.D. in Economic Geology from the University of Arizona after spending eight years in the oil & gas industry with Tenneco Oil Company. Since then he has held various positions in minerals exploration and project development throughout the Americas with Western Mining, Northern Orion, Phelps Dodge and Freeport-McMoRan. Prior to joining Orvana, he was Vice President, Americas for Freeport-McMoRan Exploration Corporation.About the Mining Journal Investor Seminars
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