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Suggestions for new presentations/meetings from both members and companies willing to present to the AMA are always welcomed. Please email your suggestions from here. Full details of future presentations with timings will appear on the website and be circulated to members in the normal way in due course.
China's enormous production and consumer
demands are making the nation the world's largest consumer of most
minerals and metals. China is rapidly becoming a new center of
economic power, greatly influencing the global economy. Over the next five years, the world will see a China more focused than ever before on developing strategic cooperation opportunities with the international mining community, both at home and abroad. We believe these trends will drive all aspects of the mining and commodities markets and will mean changes, challenges and opportunities for Chinese and foreign firms. Against this background the AMA is pleased to bring together a diverse group of people from various corners of the world together in a one-day event that will provide insights into the current mining climate and opportunities in China. The objective of this initiative is to reflect several important features of the Chinese Mining Industry and current climate of optimism and opportunities. A distinguished line up of speakers will enable attendees to gain first hand knowledge on the outlook & dynamics for mining investment in China. Special attention will be paid to issues like the legislation and tax regime; linkage between exploration and development licenses; new investment opportunities; JV partnering; exit strategies; reinvestment process and technology deployment. This event,
planned originally for the 7th June 2006 has been postponed. ----------------------------------------------------------------------------------------------------------------------------------------------------------------- Previous meetings:
This highly exciting Company is currently producing gold from their tenements in West Africa. These are expected to increase annual production to 140,000 oz per annum in 2008. In addition the Company is developing alluvial diamond assets in South Africa, where production is expanding.
Presentation by Brad Mills, CEO of Lonmin.
The EGM has announced the result of the voting for the new AMA Committee, approved the new constitution and also brought the membership up to date with events since the last EGM in July.
The AMA is happy to endorse the GFMS Precious and Base Metals Seminar taking place on 14th September in the Trinity House in London. There is a special £70 discount for the AMA members. Click below to download a PDF version of the programme and a special registration form for the AMA members.
The Luncheon Presentation was a showcase of the HDI managed
company, Continental Minerals Corp.
and included presentations:
Yamana (TSX:YRI, AMEX:AUY,
LSE(AIM):YAU)is a Canadian gold producer with significant gold
production, gold and copper-gold development stage properties,
exploration properties and land positions in all major mineral areas
in Brazil. With the acquisition of RNC Gold, Yamana also owns two
producing mines in Central America. Yamana expects to produce gold at
intermediate company production levels in 2006 in addition to
significant copper production by 2007. Company management plans to
continue to build on this base through the advancement of its
exploration properties and by targeting other gold consolidation
opportunities in Brazil and elsewhere in Latin America. You can find out more by following this webcast link: http://www.vcall.com/IC/CEPage.asp?ID=102566
This seminar featured a number of presentations arranged by the Ministry of Mines and from Mining Companies operating in the Islamic Republic of Mauritania. The program included the following presentations: OMRG: “Mineral opportunities in Mauritania”
Speakers presented specialist views on mining in Northern Europe. Senior Representatives of Companies active in the region talked about their interests, corporate plans, recent discoveries, technical merits and strategies, and descriptions of projects looking to be funded. Speakers Included: Magnus Ericsson, Raw Materials Group: Scandinavian
mining cluster booming in the year of the Fire Dog
This workshop was presented by D r. Michael Samis, Director of Financial Services, Mining and Metals, AMEC Americas Ltd. and concentrated on valuation of mineral comapnies using the real options technique.
This event was jointly organised with
Canning House, Spanish Ministry of Education and
Science, the Spanish Geological and Mining Institute. Presentations
included:
This investment seminar focusing on the issues facing companies before and after they list on the AIM market of the London Stock Exchange proved so popular in 2005 that we decided to repeate it in 2006. Program:
Mount Burgess Mining and ProMet Engineers from Australia discussing Tsumkwe Diamond Exploration Project in Namibia and The Kihabe Base Metals Project in Botswana.
Date: Thursday 15th December 2005, 12.00pm for
12.30pm For those who were unable to attend the Annual General Meeting, we have pleasure in announcing the new Committee for 2006 who have been duly elected by e-voting over last few weeks. The committee for 2006 is as follows: Officers: General Committee Members: For short biographies and contact details of the Committee members visit the 'About AMA' page.
This conference organised by the AMA in cooperation with the London Stock Exchange and IKAN of India is considered to be the largest mining event focusing on India to be held in Europe in 2005. You will find more details about the conference on the dedicated conference website at www.indianvibes.net.
This year the AMA has launched the MINING ANALYST OF THE YEAR AWARD to be awarded annually to the analyst, who, in the opinion of an independent panel has made the greatest contribution to the mining industry in the year, in the form of research output. The award has been judged by an independent voting panel comprising of Ian Henderson of JP Morgan, Ben Paton of Fidelity and Philip Richards of RAB Capital. Research submitted by analysts is being reviewed and judged on the basis of predetermined criteria. The winner was declared during the AMA Research and Analysis Seminar, on Tuesday 23nd November alongside the Mining Investors Forum at the Mines and Money 2005 Conference. The award was presented by the Chair of the AMA, Ms Simi Julka-Kohli at the Awards Dinner of the Conference, on the 23rd November. This year's winner is Charles Kernot, an Analyst and a Director of Seymour Pierce. Congratulations Charles!
Program 11.30 am Registration and Tea/Coffee
The ASSOCIATION OF MINING ANALYSTS and CANNING HOUSE held a half-day seminar focusing on Latin America. Presentations were made by Dr. Ana Elizabeth Bastida, Dundee University, Edward Bickham, Vice President, Anglo American plc, Mr. Gustavo Meza-Cuadra, Minister, Peruvian Embassy,Ken Haddow, Head of Industrial Minerals Business Development, Río Tinto, Conrado Venegas, Senior Vice President Commercial Planning & Subsidiaries, Codelco, Chile, and Dr. Evelyn Dietsche, International Council on Mining & Metals (ICMM).
Etruscan Resources Inc. is a
diversified Canadian junior mining company that focuses on the
exploration, development and production of gold properties in West
Africa as well as exploration and production of alluvial diamonds in
South Africa. Since 1994, Etruscan's exploration efforts on the
Greenstone belts in Niger resulted in the discovery of a major gold
deposit known as the Samira
Hill Gold Mine. Samira Hill commenced commercial production in
September 2004 and production is expected to average 110,000 ounces of
gold per year at a cost of US$203 per ounce. Samira Hill is one of
three separate one million ounce gold properties which Etruscan plans
to advance to production by 2007. The second property is the Youga
Gold Project located in Burkina
Faso which is now under construction and the third project is the Agbaou
Gold property located in Côte
d'Ivoire . Today, Etruscan has grown a portfolio of over 32
strategically located gold projects in the West African countries of
Niger, Burkina Faso, Mali,
and Côte d'Ivoire, and a majority interest in diamond production
and exploration in South Africa. With a consistent mandate to identify
opportunities for growth and projects in production or pending
production, Etruscan expects to become a mid tier gold producer in the
next two years.
Aur Resources Inc. a Canadian-based, international mining company has recently set-up its London Office based in the West End, which will assume responsibility for their acquisition program in Eastern Europe, CIS countries and Africa. Aur Resources Inc. is active in the acquisition, exploration, development and mining of mineral properties with a strong emphasis on copper. In 2004, over 95% of Aur’s revenue came from the production of 232 million pounds of copper at its Quebrada Blanca, Andacollo and Louvicourt Mines. The company is currently developing its Duck Pond copper-zinc deposit for production and conducting feasibility studies with a view to potentially developing the Andacollo primary copper deposit for production. Aur’s strategic objectives are to continue to expand its activities in the mining business with a focus on copper, to materially increase its annual metal production, and to increase its profitability, thereby enhancing value for shareholders.
Peru has a lengthy history of mining which predates the Spanish conquistadors and has created an attractive legal framework for investment in mining. Today its is the world’s third largest zinc and copper producer and its sixth-largest gold producer. In developing its mining sector, Peru has sought to carefully balance the need to protect the environment with the exigencies of mine operation. The relevant regulatory framework provides for rational environmental protection with agreed-upon and predictable goals set out in the governing investment contract, allowing a careful management of Peru's enormous mineral wealth. Recent reports from Peru have painted a picture of continued unrests at some of the biggest mines in the country, creating a perception of a brewing crisis. Operations of a number of global companies have been adversely affected. Senior exploration and mining companies in spite of enjoying a significant run-up in share prices recently, continually face environmental and social responsibility i Thematic Presentations: Corporate
Presentations:
Vancouver-based Hunter Dickinson Inc manages publicly-traded companies active in all phases of mineral exploration and development. HDI companies have invested C$300 million in ten exploration ventures since 1985, and one of these is TASEKO MINES LIMITED is a mining exploration, development and production company with operations in British Columbia, Canada. Taseko's Gibraltar copper-molybdenum mine is a 36,700 tons per day operation with production capacity of 70 million pounds of copper and 980,000 pounds of molybdenum in concentrate per year. A former 27-year producer, Gibraltar resumed operations in late 2004, and completed copper and molybdenum circuit upgrades by early 2005.
Titanium dioxide is an US$8.5bn per year industry that is often little understood by the investment community. Several commentators on the sector have pointed to a squeeze in the global supply demand balance for TiO2, driven primarily by growing demand in Asia and little announced new capacity from the major producers. In the feedstock industry, several new projects have been announced or are close to completion yet a recent poll on the price outlook for 20 metals and minerals by Australia’s Access Economics amongst metals analysts pointed to ilmenite being the only commodity expected to rise in price to mid-2007. Approximately 95% of titanium is consumed as titanium dioxide (TiO2), a fine white powder that is used as a pigment. Production of TiO2 has traditionally been served by two distinct sectors: the feedstock industry that provides the ilmenite or rutile raw material to the chemical producers that process these into the final TiO2 product. Both sectors are highly concentrated. Presentations: 1. ARTIKOL: Mr. Reg Adams: "From Black to White - an
integrated view of the ilmenite market from mineral sands to
pigment”
Kazakhstan, the 9th largest country in the
world with a population of 15.1 million, covering a territory
equivalent to the whole of Western Europe, has vast mineral resources
and considerable economic potential. It hosts over 200 oil & gas
fields equivalent to the resource of the whole of Western Europe, 7th
largest copper reserves in the world, 3rd larges uranium reserves in
the world. Yet it remains one of the most significant mining markets
as yet to reach it's full potential and has an under-developed gold
sector. The vast mineral reserves make it hard to ignore despite a
reputation as being a difficult country for international business.
The Government has made recent reforms in a deliberate effort to
improve the image of Kazakhstan and attract foreign companies to the
mining sector. I. Company Presentations by: II. Specialist Speakers:
The ASSOCIATION OF MINING ANALYSTS is pleased to support a Conference organised by the INSTITUTE FOR INTERNATIONAL RESEARCH, South Africa. Risk Management & Internal Control in
Mining 2005 - 29, 30 & 31 August 2005, Holiday
Inn Johannesburg International – South Africa
The Seminar on “Seafloor Massive Sulphides (SMS) Deposits, a new and exciting mining asset class”. The presentation by Professor Steve Scott of University of Toronto explored the formation and commercialisation of base and precious metal polymetallic massive sulphide deposits on the ocean floor, while Robert Goodden, a Chairman of Seacore, concentrated on “Offshore mining - delivering results”. The event was co-organised by the AMA and the Cardew Group.
Hunter Dickinson Inc (HDI) is a private corporation based in Vancouver, Canada. As an acknowledged leader in the global mining industry, HDI manages publicly traded companies active around the world in all phases of mineral exploration and development. Behind every Hunter Dickinson managed company is a multi-disciplinary team of mining professionals, with an exceptional breadth and caliber of expertise, developing properties with a diverse range of mineral resources. Hunter Dickinson companies have invested $300 million in 10 exploration ventures since 1985, demonstrating and proving capability in mine development. The company overview presentation was delivered by Ronald W Thiessen, President and CEO. Northern Dynasty Minerals Ltd (NDM) is an HDI managed gold-copper company listed on the TSX Venture Exchange (NDM) and on AMEX (NAK). Adding value to gold-copper porphyry projects is an HDI specialty, and Northern Dynasty’s Pebble Project in southwestern Alaska fits the bill. The company is currently advancing Pebble towards the development of a large-scale gold-copper-molybdenum mine. NDM has acquired a 100% interest in the Pebble Property. The presentation on “Northern Dynasty Minerals – Pebble Project”was delivered by Robert A Dickinson, the Chairman of the Company.
London-listed platinum exploration and development company Southern African Resources (SAR) recently changed its name to African Platinum (Afplats) and is seeking a secondary listing on the American Stock Exchange (AMEX). The company had filed for an AMEX listing with the US Securities Exchange Commission and is expected to complete the process in the second half of 2005. SAR was listed on the AIM market of the London Stock Exchange in 2002. The company is well-capitalised with cash resources of approximately US$30 million and no debt. Its flagship project is Leeuwkop on the Western Limb of South Africa's Bushveld Complex, the world's premier platinum region. The current inferred resource is 50 million ounces of 4E (the three platinum group metals plus gold), of which 8 million ounces is indicated, and the company's objective is to exceed 100 million ounces 4E under its control on the Bushveld. The Leeuwkop scoping study, in its first phase, envisages a 300 000 ounce 4E per year mining and concentrating operation and is being incorporated into a strategy that would encompass multiple mines on its property holdings as it develops into the premier, institutional-quality platinum exploration and development company. In addition, African Platinum holds prospective platinum group metals targets in countries neighboring South Africa.
Genco Resources Ltd operates in the heart of Mexico’s Sierra Madre Occidental mineral belt. The company has acquired the entire Temascaltepec Mining District land position as well as La Guitarra Mine, an operating gold and silver mine located within the District. The land position totals approximately 12,373 hectares and covers some 15 kilometers of an epithermal silver and gold vein system. The property is located via highway access approximately 2.5 hours drive from Mexico City.
Armourers Hall, 81 Coleman Street, London, EC2R 5BJ. Banpu PCL is listed on the Thai stock market with a market capitalisation of just over US$1.1 billion equivalent. Since 2001, Banpu PCL has focused its business strategy around becoming a regional thermal coal player with some vertical integration into coal-fired power. The company has divested non-core assets (gas-fired power, industrial minerals, port, chemicals) and has expanded in coal and coal-fired power. This expansion has included the acquisition of the ‘Indocoal’ group and associated assets in Indonesia, two new coal interests in China and the development of a 1,400MW coal-fired power IPP in Thailand.
The City of London Club, 19 Old Broad Street, London EC2N 1DS. Strathmore Minerals Corporation, listed on the TSX Venture Exchange under the symbol ‘STM’ is a Canadian based resource company specializing in the strategic acquisition and development of uranium properties on a worldwide basis, located in the United States, Canada and Peru. Since 1996, the key to the company’s strategy has been to acquire uranium resources that have been previously discovered, but not yet mined. As a result, Strathmore is one of a very few public companies that continues to build a solid base of exploration and development projects that offer investors high leverage to future rising uranium prices. The market for uranium stocks is extremely strong, this, along with the closing of a $15 C. million financing has helped Strathmore’s shares post a record high. Dev Randhawa, President and CEO, founded Strathmore Minerals Corporation in 1996 and will present a case study on how since then the company has positioned itself to be an important participant in the resurgence of the uranium industry. The company spent several years accumulating assets and people while the uranium industry was completely out of favour. That foresight has given the company a strong team and control over several highly prospective uranium projects. As a result, Strathmore has a big lead on most other companies as the uranium market begins to attract investor interest.
The City of London Club, 19 Old Broad Street, London EC2N 1DS. Gold Bullion Securities, an initiative of the World Gold Council, offers UK investors easy access to the gold market in a manner that is innovative, cost effective, secure and transparent. Gold Bullion Securities are traded on the London Stock Exchange under the symbol GBS and are backed 100% by physical allocated gold bullion. This securitization of gold bullion overcomes a number of issues that have proved to be barriers to investors wishing to access gold’s unique investment qualities. Presentations: Outlook for gold Evolution of gold investment History of physical gold Evolution of exchange traded gold
City Club, 19 Old Broad Street, London EC2N 1DS. Half-day meeting followed by a wine reception. Presentations by industry
specialists: Peter Hambro Group presentations:
Hosted by Simmons & Simmons Attorneys. Venue: Simmons & Simmons Attorneys, City Point, 1 Ropemaker Street, London EC2Y 9SS. Half day of presentations followed by a wine reception. Company presentations by:
City Club, 19 Old Broad Street, London EC2N 1DS. Half-day meeting followed by buffet luch and
wine.
City Club, 19 Old Broad Street, London EC2N 1DS. Half day meeting followed by a buffet lunch.
Little Ship Club, Bell Wharf Lane, Upper Thames Street, London EC4R 3TB. Half day meeting followed by a buffet lunch.
Hosted by Simmons & Simmons Attorneys and supported by Raw Materials Group. Venue: Simmons & Simmons Attorneys, City Point, 1 Ropemaker Street, London EC2Y 9SS. Whole day of presentations followed by a wine reception. Company presentations by: Boliden AB, Sweden and Euromines, Brussels
The Mining Indaba is Africa's most important mining event and the world's leading gathering of global policy makers and international finance. It has become an institution throughout Africa, attracting over 2,000 delegates from fifty countries and hosting over 100 exhibitors. The Association is pleased to support forthcoming events organized by IIC Conferences in 2005-2006, in Cape Town and London as their Media Partners and a Hospitality Suite will be available at these events for the membership.
Hosted by Mayer Brown Rowe
and Maw
In association with Hargreave
Hale and LM Associates Previous years 2004, 2003, 2002, 2001, 2000, 1999, 1998, 1997, 1996, 1995 2004 AMA Annual General Meeting
(13 December 2004) Agenda Luncheon talk ‘Mining and Money’, Mining Journal (30 November-2 December) Ashton Mining of Canada (11
November 2004) Euromoney Gold Conference (supported by AMA) (4-5 November 2004) New Millennium Resources N.L. (2 November 2004) IMMM Commodity Gold Conference (28 October
2004) Ad astra per aspera - ‘To the
stars through difficulties’ Mano River (22 September) GFMS Precious & Base
Metals Seminar (15 September, 2004) Presentation by Straits
Resources (14 September, 2004) AMA China Seminar ‘The Outlook
for mining and metals in China’ Canadian diamonds are
sparkling! (18 June, 2004) Mongolia –
Mining’s new investment frontier (3 June 2004) Trans-Siberian Gold (19 May
2004) AMA Russian Seminar (23 March 2004) Armenian Mining Sector,
developments and perspectives - Business Forum (17 March 2004) Presentation by Avocet
Mining (22 January 2004) 2003 Annual General Meeting 11 December 2003 (Little Ship Club) Joint meeting of Bankside Consultants and the Association of Mining Analysts 5 December 2003 (City of London Club) Presentation by Ivanhoe Mines 1 December 2003 (City Conference Centre) Prospects for Gold - is the
bull here to stay? 2 October 2003 (HMS President) Mining investment opportunities in Armenia and Georgia 26 September 2003 (City of London Club) British Columbia 23 September 2003 (City Conference Centre) Peter Hambro Mining plc 24 July 2003 (City of London Club) Thistle Mining 9 June 2003
(Armourers Hall) Rio Narcea 23 May 03 (City of London Club) Aquarius Platinum 20 May 2003 (City of London Club) Rothschild Risk Advisory 9 May 2003 (City of London Club) Durban Roodeport Deep 11 February 03 (City of London Club) 2002 Moneta Porcupine Mines Inc 18/11/02 (Little Ship Club) Mining in Africa Seminar 28/11/02 (Armourers’ Hall) – half day seminar Gabriel Resources (Little Ship Club) Cluff Mining 31/10/02 (City of London Club) Straits Resources 25/10/02 (City of London Club) Monterrico Metals plc 17/10/02 (Little Ship Club) Coeur d’Alene 15/10/02 (Masterman & City of London Club) Magnesium International 13/9/02 ‘Gold – A new era or more toil ahead?’ 23/5/2002 A half day seminar examining the prospects for gold and gold shares organised by the AMA Unicore – 18/2/02 – presentation of the 2001 Financial Results of the now re-named Union Miniere group (with UBS Warburg) Goldfields - 22/2/02 - the gold miner Oxus Mining plc - 28/2/02 - British gold miner from Uzbekistan Canadian Mini Summit 19/3/02 (Falconbridge, Noranda, Donner Minerals) 2001 Volcan Compañía Minera S.A.A. - the world's fourth-largest zinc producer from Peru, recently listed in Madrid Australian Mining Seminar - Please see this event's dedicated page Randgold Resources - gold miner with interests in Mali and Côte d’Ivoire Annual General Meeting - the 2001 AGM of the AMA took place on 22 November in Ye Olde Cock Tavern, Fleet Street, London EC4. The Agenda, Chairman's Address, Secretary's Report and Treasurer's Report could be downloaded from here as a MS Word document (82k). The names and contact details of the new Committee members can be found on our contact page 2000 Murchison United NL (Australia) 7/3/2000 (combined with the AGM of the AMA) Union Miniere (with JP Morgan) 20/3/2000 Billiton plc - Brian Gilbertson: Creating Value through Innovation - joint meeting with the Institution of Mining and Metallurgy, 9/5/2000 Union Miniere (with JP Morgan) 20/9/2000 MetalEurop half-year results (conference call) 26/9/00 Datamine Software Ltd (on computerized pit optimization techniques) - joint meeting with IMM 28/9/00 Mineral Exploration Data workshop 24/10/00 - organized in Nottingham by the British Geological Survey (or visit this website for more information) Portman Mining (Australia) 6/10/00 - imminent listing on AIM market in London Alexander Forbes on Political Risk Insurance (15/11/2000) Annual Commodity Meeting - Cobalt (22/11/2000) - organized in the Royal School of Mines by the IMM 1999 CRU & Resource Strategies Union Miniere Breakfast Control Risk Group Vancouver Stock Exchange and some Canadian Juniors and British Columbia and Yukon Chamber of Mines Placer Dome Breakfast Anglo American plc (with IMM) Euromoney Conference and Seminar ‘Mining Finance Into the Next Millennium’ SRK - Resource Estimation techniques Red Back Mining ‘North of 60’– Recent Mining Developments and Opportunities in Canada's North. This is an information packed full day seminar with 14 speakers. Click here for more info MetalEurop - Presentation of annual results over breakfast at London Savoy JCI Gold 1998 Metaleurop Minister of Mines, Mauretania Rex Diamonds Mongolian Investment Conference British Shadow Minister for Enargy - Tim Boswell MP Amplats (Anglo American) Canadian Mining Investment Seminar Economist Intelligence Unit - Aluminium Mining Education in Europe Conference History of Metal Market Manipulation (by the Chairman of Metal Bulletin) JCI Gold Minerals 98 Conference (with the Department of Trade and Industry) Gold Fields Apex Silver Mines Euromoney School of Mining Finance (4-day course) Indian Mining and Metals Conference SRK Randgold Resources Durban Deep 1997 Rio Tinto Inco Gencor Canadian High Commission CMI (JCI) Nelson Gold Roskill Harmony First Dynasty Mines Tenke Mining Pechiney 1996 RTZ Metal Bulletin Canadian High Commission PT Tambang Timah EBRD KGHM Polska Miedz Cyprus Amax Sons of Gwalia Greenwich Resources Eramet Metaleurop Acacia Boliden 1995 RTZ JCI Minorco Normandy RJB Mining South African Chamber of Mines Randgold Inco Asturiana de Zinc Santa Fe Canadian High Commission Brook Hunt Email your suggestions for future meetings/topics/presentations from here. |
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