(Risk) and Reputation – The Mission Critical importance of ESG
In this session we discuss ESG post Brumandinho (the Vale disaster), the increasing importance of ESG in investment decisions and how miners are moving towards running more sustainable operations. The ESG discussions feature speakers such as Tom Butler of ICMM and Elaine Dorward-King, who heads up the drive for sustainability at Newmont. The session will also cover the brand image problem that mining suffers from.
The continuing rise of resource nationalism.
The relationship between governments and mining companies is becoming increasingly critical. Working with key stakeholders is now critical to the success of a mining operation. The days of entering a country, bribing a few officials, exploiting the local community, and then leaving the mine abandoned are long gone.. Resource nationalism has become an increasingly important issue in Africa, hence the African focus of this session. One of the keynotes will be Neal Froneman, CEO of Sibanye Stillwater.
The continuing role of China
Although not driving commodities demand and growth in the mining industry in the same way that it did from 2007 to 2012, China’s economy is still critical to driving demand and growth. This session features key Chinese investors such as Zijin and Zhaojin sharing their mining investment outlook.
Within the majors and mid-tiers the appetite for M&A is back.
After having undergone a painful period of where cash discipline became the key mantra, many miners are now looking to expand again. However internal growth and exploration development is slow. M&A is seen as a ‘fast-track’ way to success, especially if the cash discipline of previous years has left them without exploration projects in their pipelines. However, is M&A the right way forward for the mining industry, and has the industry really learnt from the lessons of the past?
Cracking the millennial code and winning back generalist investors.
Investors are coming back to commodities but not back to pre-2012 levels. 2018 saw commodity prices fall; whilst other sectors (cannabis and bitcoin) have taken a hit, investors are still only coming back slowly. One of the challenges that the mining industry has is how to appeal to millennial investors who up to now, have tended to invest into ‘more attractive’ sectors (tech, crypto etc etc). This session features a keynote from Ross Bhappu of RCF.
Regional investment opportunities in mining.
This session features in-depth coverage of the risk reward opportunities in developed jurisdictions such as Australia and Canada, as well as emerging jurisdictions such Latin America and Central Asia. The panel debates and talks highlight how governments in those regions are supporting mining investment.
The future of exploration and exploration funding.
At the exploration end, whilst there is an increased appetite for some commodities there is still a paucity of funding at the exploration end. What can be done to address the exploration deficit? What are the different approaches that miners and financiers need to take?
The continuing rise of battery metals
Whilst everyone disagrees on the timelines for adoption, everyone agrees that demand for battery metals and the minerals that drive electrification is only going one way. This session discusses not just demand for the ‘new kids on the block’ battery metals (lithium, cobalt, graphite) but also the ‘old school’ battery metals (copper, nickel) as well as PGMs (fuel cell batteries)
The future for investing into mining stocks.
Why invest in a mining stock when an ETF (either equity or commodity) can offer ‘safer returns’? For that matter a Royalty and Streaming company? Even if the mining company gets all its ducks in a row lined up (exploration pipelines, positive cashflow, good management team; good relations with local governments and communities), the mining industry is an inherently risky business. It’s a wider question than mining, but ETFs seem to be killing off traditional stock picker fund managers.
The future of mining and mining investment.
This session sets the scene for the rest of the event. Featuring keynotes from a leading financier/investor in exploration (Rick Rule of Sprott), a leading investor (Evy Hambro of Blackrock) and a leading miner (Stephen McIntosh of Rio Tinto), sharing their perspectives of where the industry is heading