Dear SME Georgia Section Members and Guests,Please make plans to attend next week's SME Meeting on Thursday evening , May 16, 2019. Dr. Kendall Fountain, now with Weyerhauser, will give his insights into better utilization of resources through evaluation and exploitation of mineral resources on timberlands. Dr. Kendall looks to extend EBITDA to $85 million in the next few years through the Energy and Natural Resources group which he heads up. This should be an exciting presentation that you will not want to miss.Thanks,Tom HilderbrandSME GA Section Chair Society of Mining, Metallurgy and Exploration
Georgia Section Meeting Notice
A meeting of the SME Georgia Section will be held on May 16, 2019 at Founders Lodge at Rock Eagle, Eatonton, GA.
6:00 PM - 7:00 PM Social Hour
6:30 PM - 7:00 PM Environmental Issues Forum -- moderated by Dr. Sal Romero (Senior Geotechnical Engineer, Golder Associates Inc.).
7:00 PM - 7:30 PM Dinner Served – Tossed Green Salad with Choice of Dressing, Sliced Roast Beef, Roasted Potatoes, Carrots and Onions, Pencil Green Beans w/lemon butter, Yeast Rolls, Hummingbird Cake, Iced Tea, Iced Water, and Coffee.
7:30 PM. – 7:50 PM Business Meeting – Announcements for Georgia Section SME.
7:50 PM – 8:50 pm Featured Presentation: Kendall Fountain, Ph.D. Geologist, Weyerhauser
General Manager of Minerals
Yes, there are rocks under trees: maximizing mineral value on 12+ million acres of U.S. timberlands ______________________________________________
About the Speaker
Kendall Fountain, PG, Ph.D. | Weyerhauser, General Mgr. of Minerals | Atlanta, GA, United States
Kendall Fountain has been General Manager – Minerals for Weyerhaeuser since the merger of Weyerhaeuser and Plum Creek in February, 2016. In this position, he is responsible for the management and development of Weyerhaeuser's hard mineral assets nationwide, including construction materials, industrial minerals, coal and metals. Kendall began his career with Plum Creek Timber Company in 2005 as Senior Project Geologist following five years as the Principle/Owner of Fountain Geological, an industrial minerals consulting firm he began while in graduate school. In 2015, having served Plum Creek in roles of increasing responsibility, he became Senior Director – Energy & Natural Resources, responsible for managing the oil, gas, wind and hard mineral assets of the company until its merger with Weyerhaeuser. Kendall earned both his B.S. and M.S. in Geology, and a Ph.D. in Geology with a minor in Environmental Engineering all at the University of Florida. He has written numerous papers and reports on industrial minerals and construction materials, and is a registered Professional Geologist (PG2225) in the state of Florida and serves as a member (and former chair) of the University of Florida Geological Sciences Advisory Board.
Yes, there are rocks under trees: maximizing mineral value on 12+ million acres of U.S. timberlands
Weyerhaeuser, the largest private owner of timberlands in North America, has the stated vision of being the world's premier timber, land and forest products company. As a key part of that vision, the company's Energy & Natural Resources (ENR) team is focused on capturing shareholder value through development of non-timber surface and subsurface resources. With budgeted 2019 EBITDA (Earnings before interest, tax, depreciation and amortization) of $65MM, the ENR team focuses on deriving value from hard minerals, oil and gas, and renewables (wind and solar), and has a near-term goal of growing EBITDA to $85MM+ over the next few years. To accomplish this, the group relies on third-party capital investment to transition prospects to cash flowing operations by leveraging an extensive internal geological database, internal and third-party exploration, and industry relationships. With ownership spread throughout geologically diverse regions of the U.S., opportunities for hard minerals alone (2019 EBITDA budget of $42MM) are diverse, and include aggregates, industrial minerals, coal and metals. To illustrate how the ENR team maximizes the value of each acre of Weyerhaeuser's land, several hard mineral projects will be highlighted.
MEETING LOCATION – Rock Eagle 4-H Center – Founders Hall (Lodge)
From Atlanta take I-20 East to Exit 114 and turn right onto Highway 441 South. Follow Highway 441 South (12 Miles) to Rock Eagle 4-H Center (on the right). Turn right, then turn at the first right in approximately 0.6 mile and the Founders Lodge (signage says Founders Hall) will be approximately 0.4 mile on your left. Parking is in the rear.
From Macon Take US 129 North to Eatonton to Intersection with US 441 and go left, continue North on 129/441. Rock Eagle is approximately 10 miles north on the left. Turn LEFT, then turn at the first right in approximately 0.6 mile and the Founders Lodge (signage says Founders Hall) will be approximately 0.4 mile on your left. Parking is in the rear.
From downtown Milledgeville go north on Columbia St. Take US 441 North from downtown for approximately 28 miles and look to your left for Rock Eagle. Turn left, then turn at the first right in approximately 0.6 mile and the Founders Lodge (signage says Founders Hall) will be approximately 0.4 mile on your left. Parking is in the rear.
Note: The cost for both members and guests is $30 per person. The cost for Students is $20. Those interested in attending please mail or fax, (478) 552-4105, their registration to Tom Hilderbrand (email@example.com; 478-552-3951, ext. 1237). Please make checks payable to SME Georgia Section. Complete and return this form and payment to: SME Georgia Section, P.O. Box 1056, Sandersville, GA 31082 or RSVP by no later than May 15, 2019 (or see below).
Please keep your SME Georgia Section membership current. You can pay for dues, meeting registrations, and donations online through a service known as Square Up. We now have an online store set up for making credit card payments. Please follow this link to make safe, secure transactions: https://squareup.com/store/sme-ga-section.
You may also pay by cash, check, or credit card at the door.
Name(s) of Attendees:
Number of Meals (regular meals/vegetarian meals) ____/_____
Total Amount Enclosed ___________