Program Agenda

Revisit here for updates about the 2020 agenda

Thank you for visiting the CTMF 2020 program agenda. Below is the preliminary CTMF 2020 agenda. Please check back for updates. If you want to submit an abstract to speak, suggest a topic, join as a sponsor please do so using instructions here   

CTMF 2020 will focus on key trends and issues that impact raising capital in mining and exploration. The speakers - and attendees - are subject matter experts who want to learn and hear about  technical, financial, planning, non-technical issues, solutions, risks, opportunities and the latest trends in the global mining and exploration sectors. Register here to attend. 

CTMF speakers are leading authorities who are managing and or advising the industry about rapid, pivotal changes impacting projects and opportunities. They are managers and executives of mining and exploration private and public companies and bankers, financiers, advisers and investors in mining, exploration and related infrastructure projects around the world.

We invite you to hear and meet these experts speak in a series of more than thirty engaging 30 minute round table discussions, each followed by 20 minutes of audience Q&A. We hope you join us. Get your questions answered. Share this Call for Papers with others.

The list of panel topics below summarizes the agenda below. The panels may change. 

Capital Markets Review and Key Trends in Mining
Disruption in Mining Finance – What are the latest developments?
What is the Outlook for Public Equity Returning to Fund Precious Metals Financing and Role of Actively Managed & Dedicated Funds
Mining M&A and Consolidation Trends

Metals Pricing Trends & Outlook: What’s Different?
Financing Exploration and Early Stage Development
Critical Battery Raw Material Supply Chain Trends - in Two Parts
Drivers Impacting Investment to Stabilize Supply Chains
Impact of China Demand on Mineral Supply Chains

Investing in Industrial Minerals – What makes them different?
Key Local, Federal Tax Government Law Changes
Policy Fostering Development and Investment in Mineral Resources
Extraterrestrial (Space) Mining, Challenges and Opportunities
Ocean Minerals: A New Frontier to Recover Minerals

Risks and How to Measure and Mitigate Risk
Energy Prices, Trends and Opportunities
Estimating Project Capital Costs and Managing Cost Over-Runs
Estimating Project Capital Costs and Managing Cost Over-Runs: Part Two
Mineral and Mining Project Appraisal and Valuation

Impact of U.S. SEC Rule S-K 1300 Disclosure Rules for Mining Registrants
What is Different Today for Miners Looking to Raise Capital?
Sources of Capital: Private Equity, Royalties, Streaming, Pre-Payments
Estimating Costs at Early and Development Stages
Gold Mining Inflation Monetary Policy Price Outlook

Green Finance in Mining Today
Tailings Stewardship: A Primer for Financiers and Managers
Owners' and Investment Due Diligence: Are Right Questions Being Asked?
Using New Technology and Innovation Underground and in Exploration
Fostering a New Generation of Mining Investors – How?

Solar Development on Brownfield Mine Properties
How to Optimize Mine Stakeholders' Concerns - The Times are Changing
Managing Social Issues in a Changing World
Digital Transformation in Mining: Impact of Artificial Intelligence
Water Risks: Approaches to Avoid Problems

Digital Transformation: Part Two: Use of Technology in Mining
Quantitative Approaches to Managing ESG, Social License, Stakeholder Interests
Sustainability as an Economic Driver in Mining
Favorable Investment Jurisdictions in the Americas - a Four Part Series
A Year of Change in Latin America - What is the Impact on Investment in Mining?

Revisit this site for updates and details about these and other panels. The list above is not complete, and is subject to changes. Please check back for updates. We hope you can join us.

At CTMF there is time and space to meet with all attending during breakfast, morning and evening refreshment breaks, lunch, receptions and any of six workshops. Registration is open. Below is a daily summary of the schedule from Sunday May 10 to Wednesday May 13, 2020. 

Sunday May 10, 2020: Two Workshops Noon to 4:30 PM at New York Marriott East Side Hotel

I.  Lessons learned from mega projects and mining projects - Key success factors led by Baqun Ding, Ph.D., Global Manager for Mining, Mineral and Metals of Independent Project Analysis, Inc. (IPA)

II. An update about U.S. SEC SK - 1300: Potential impact on raising capital – Get ready before 2021 led by Ben Parsons, MSc, MAusIMM (CP), Principal Consultant (Resource Geologist), SRK Consulting (U.S.) and Matthew Sullivan, Consultant, Mining Economics, SRK Consulting (U.S.)

Sunday May 10, 2020: Welcome Reception from 5 to 7 PM at New York Marriott East Side Hotel. Guest speaker is Chris Taylor, M.Sc., P.Geo. Director; President and CEO of Great Bear Resources Ltd

Monday May 11, 2020: Conference: Day One from 7:30 AM to 5:30 PM at Shearman & Sterling.
For updates and details about the conference agenda - see below

Monday May 11, 2020: Reception
 from 6 to 8 PM at New York Marriott East Side Hotel

Tuesday May 12, 2020: Conference: Day Two from 7:30 AM to 5:30 PM at Shearman & Sterling.
For updates and details about the conference agenda - see below

Tuesday May 12, 2020: Reception from 5:30 PM to 7:30 PM at Shearman & Sterling

Wednesday May 13, 2020: Two Workshops from 7:45 to 11:45 AM at Shearman & Sterling

III. Mining asset valuation and its uses led Dr. David Laughton from David Laughton Consulting  

IV. Digital transformations, Technology implementation - How to get started, what to expect, how to benefit and lessons learned led by Rick Hoggan, P.E., President & CEO of Millcreek Engineering Company, Sandeep Sandhu, General Manager North America, RPM Global, Jon Wylie, President, Natural Resources, Proudfoot

Wednesday May 13, 2020: Two Workshops from Noon to 4:15 PM at Shearman & Sterling

V.  The value of cost estimating of mining projects at the scoping stage led by Jennifer Leinart, L.G. President, InfoMine USA, Inc., Scott Stebbins, P.E., President Aventurine Engineering, Brad Terhune, L.G., Cost Analyst/Senior Geologist, InfoMine USA, CostMine, Sam Blakely, Cost analyst/Geologist, InfoMine USA, CostMine

VI.  Measuring, quantifying and monetizing risk exposure in a mining organization led by Michael Hartley, Founder & CEO of Minetell and Dana McNaughton, Minetell Strategic Advisor

Workshop descriptions and instructors' bios are here. You do not have to attend the conference to register for the workshops and or the receptions. Share this Call for Papers with others.

At CTMF 2020 there will be many leading, qualified experts including these key note speakers. 

Peter Grosskopf, CEO of Sprott Inc. and Managing Director of Sprott Resource Lending and Douglas B. Groh, Portfolio Manager, Tocqueville Asset Management will discuss the investing, lending and outlook for capital raising and financing of gold projects and companies. They will highlight the risks and opportunities available to precious metals investors in the changing mining finance landscape and current equity financing trends as well as the return of public equity investing through actively managed and dedicated funds. We invite you to hear them speak, with audience Q&A. 

Peter Grosskopf is Chief Executive Officer, Sprott Inc. and Managing Director, Sprott Resource Lending. Peter has more than 30 years of experience in the financial services industry. At Sprott, Peter is responsible for strategy and managing the firm's investment capital and lending business. His career includes a long tenure in investment banking, where he managed many strategic and underwriting transactions for companies in a variety of sectors. Prior to joining Sprott, Mr. Grosskopf was President of Cormark Securities Inc. He has a track record of building and growing successful businesses including Newcrest Capital Inc., as one of its co-founders, which was acquired by the TD Bank Financial Group in 2000. Mr. Grosskopf is a CFA® charterholder and earned an Honors Degree in Business Administration and a Masters of Business Administration from the Richard Ivey School of Business at the University of Western Ontario.       

Douglas B. Groh is a Portfolio Manager at Tocqueville Asset Management L.P. Doug joined Tocqueville in 2003, where he is a Co-Portfolio Manager of the Tocqueville Gold Fund. Prior to joining Tocqueville, Doug was Director of Investment Research at Grove Capital from 2001 to 2003 and from 1990 to 2001 held investment research and banking positions at J.P. Morgan, Merrill Lynch and ING Bank. Mr. Groh began his career as a mining and precious metals analyst in 1985 at U.S. Global Investors. Mr. Groh earned a B.S. in Geology and Geophysics from the University of Wisconsin-Madison and a M.A. from the University of Texas at Austin, where he focused on mineral economics.

Douglas Silver, Portfolio Manager at Orion Mine Finance will also be a key note speaker. Doug will discuss the importance of and How to Optimize All Mine Stakeholders’ Concerns. He will speak about how society’s and capital markets’ rules of conduct are continuing to evolve, requiring mineral and mining companies to adapt to the times. The old adage “We only work for our shareholders” no longer passes the smell test. Today miners and explorers need to optimize all stakeholders’ concerns in order to obtain and maintain their social license. The question is whether this is economically feasible. He will review this paradigm shift and discuss how investors and owners are adapting to change.  

Douglas B. Silver is a portfolio manager for Orion Mine Finance, a private-equity fund focused on providing funding to shovel-ready base and precious metal projects. Prior to joining Orion, Douglas served as CEO and Chairman of International Royalty Corporation, a TSX mineral royalty company which he founded in 2003 and sold in 2010. From 1987 to 2004, his private company, Balfour Holdings, Inc., provided strategic and quantitative research to various mining company boards of directors. During this time, he founded the Denver Gold Group, the world’s foremost gold investor conference. Earlier in his career, Doug was an exploration geologist for Anaconda Copper Company and Noranda. He is a well-known mineral economist, keynote speaker and author. In September 2018 Douglas was inducted into the U.S. National Mining Hall of Fame and Museum.

Register today. Space is limited*. Hear, meet with and ask questions of the key note speakers - there will be others - and many industry leaders at CTMF 2020. The agenda will focus on many key, core, issues, trends and the outlook in an engaging round table panel discussion format, with time for audience Q&A. CTMF attendees are financiers, investors and advisers involved with financing and deal structures and transactions, including leading technical and environmental, societal and non-technical advisers  - as well as government officials who are expert in what is and needs to be done.

Speakers will discuss case studies and examples of best practices and the use of innovative methods and technology and trends to evaluate and manage risk in the global mining business today.

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We invite you to join the speakers by submitting your eois to speak as well as be a sponsor. Also please become a sponsor! There are levels fitting all budgets. Sponsors make it possible for CTMF  to be in New York's midtown finance district. Contact Tim Alch Co-Chair timalch@gmail.com

Send us your eois to be a speaker and or sponsor now. We you hope you can join us. Registration is open - again space is limited*. 
Below is a roster of many firms that recently attended CTMF.

CMTF 2020 will focus on the outlook, key trends and issues impacting raising capital in the global mining and exploration industry. Speakers will discuss solutions, risks and opportunities and how management and investors use best practices and technology to anticipate, track, manage and reduce technical and non-technical risk, including environmental, political and financial risk.

There will be multiple panel discussions about market trends and issues impacting deals being done, and panels addressing rapid, pivotal changes impacting financing projects and opportunities today. Join us to get your questions answered, meet and hear leaders discuss efforts to drive down cost, use innovative means to manage and reduce risks and add value.

Above is Ross Bhappu, Partner, Head of Private Equity Funds at Resource Capital Funds presenting his CTMF 2019 key note presentation about: "Where are the Public Markets for Mining? And how do we get them back?"

CTMF 2020 will combine discussion of technical, non-technical and financial issues and trends impacting raising capital, with many round table panel discussions about the experiences of many leading decision makers in the global mining business.  

  • Learn about new forms and methods of financing exploration, mines and mining and related infrastructure
  • Hear and meet experts advising private equity, private placements and funding of projects and varied structures using project finance and alternative sources of available capital including royalty, streaming, pre-production payments, as well as use of block chain and tokenization
  • Discuss with many leaders new technology, innovative ways of operating and other issues and trends impacting the industry, including what some governments are doing to encourage investment in mining and related sectors as well as important societal, ESG and other risks.

Throughout CTMF there is time to meet one-on-one with many influential banking, finance industry executives and advisers interpreting and presenting technical and non-technical data supporting analysis and financing of all types of mining projects, ranging from sand and gravel, industrial minerals to base, precious and critical minerals and bulk mineral commodities. 

At CTMF 2019 were senior officers from these banking, investing, private equity, and engineering and leading advisory firms, including executives from more than 50 mining and exploration companies and officials from numerous government agencies operating in and representing many countries. 

Senior representatives from these and other banking, finance, accounting, royalty, streaming, private equity and investment firms attended CTMF 2019: Accendo Banco; AXA XL; BMO Capital Markets; BNP Paribas Securities; BNP Paribas; Canada, Government of; Capstone Headwaters; Citibank Corporate & Investment Bank; Commonwealth Bank of Australia; Consulate General of Canada in New York; Desjardins Securities; Deutsche Bank Securities, Inc.; Duff & Phelps Ltd; Erdenes Mongol; Ernst & Young Canada; E&Y; Export Development Canada; FTI Consulting; Franco-Nevada Corporation; German Mineral Resources Agency (DERA), Federal Institute for Geosciences and Natural Resources (BGR); Government of Quebec; IBK Capital Corp.; ING Capital; ING; International Finance Corp/ World Bank Group; Investissment Quebec; KPMG Canada; Macquarie; Maverix Metals Inc.; Moelis & Company; Murdock Capital; Northcott Capital; Orion Mine Finance; Quebec Government Office in New York; Red Cloud Klondike Strike; Resource Capital Fund; Ressources Quebec; ROC Global; Rothschild; S&P Global Ratings; Sandstorm Gold Ltd.; Société Générale; Societe du Plan Nord, Quebec; The World Bank; Triple Flag Mining Finance Ltd; U.S. Department of Interior, Bureau of Land Management; USG; Zurich NA and others

Executives from these exploration and mining companies and officials from government agencies supporting mineral and mining investment world wide attended CTMF 2019: Agnico Eagle Mines; AmAuCu Mining Corp.; Ammonite Resources; Andex Minerals; ArcelorMittal Mining Canada; Atlantic Gold Corporation; Aura Minerals; BHP; BlackRock Metals; Canada, Government of; Coeur Mining, Inc.; Consulate General of Canada in New York; Controlled Thermal Resources; CSN Minerals, Brazil; Doré Copper Mining Corporation; Dundee Precious Metals; Emergent Technology; Erdenes Mongol; Export Development Canada; First Quantum Minerals Limited; Franco-Nevada Corporation; Galway Metals; GAME, Inc.; German Mineral Resources Agency (DERA), Federal Institute for Geosciences and Natural Resources (BGR); Glencore; Global Sea Mineral Resources; Hecla Mining; Hudbay Minerals Inc.; International Finance Corporation/ World Bank Group; Investissement Québec; Jaxon Mining Inc.: KGHM International; Kinross Gold Co.; Leagold Mining Corporation; Lundin Mining Corp.; Mason Graphite; Maverix Metals; MERN: Quebec's Ministère de l’Énergie et des Ressources naturelles/ Ministry of Energy and Natural Resources; Minera Gold Fields Chile; Mines Royales Quebec; Monarques Gold Corp.; Nemaska Lithium; Newmont Mining Corp.; Nouveau Monde Graphite; Novagold Resources; Ocean Minerals LLC; Orvana Minerals Corp.; PolyMet Mining; Quebec Government Office in New York; Quebec Precious Metals Corp; Ressources Quebec; Royal Gold; Sandspring Resources Ltd; Sandstorm Gold Ltd.; Sirios Resources; Societe du Plan Nord, Quebec; Sphinx Resources; Teck Resources; Texas Mineral Resources; Torex Gold Resources; Twin Pines Resources; U.S. Department of Interior, Bureau of Land Management; Volcan Compañía Minera; Zhong Guo Mining and others

Senior officers of these engineering, construction, equipment, legal, accounting, technology and other advisory companies were at CTMF 2019: Abernathy MacGregor; Agapito Associates; Baker McKenzie; Behre Dolbear; Black & Veatch; Blake, Cassels & Graydon; Bloomberg Intelligence; Bradford Consulting; The Brattle Group; Brownstein Hyatt Farber Schreck; Cementation USA; Clear Creek Digital; Colorado School of Mines; Columbia University Water Center; Control Risks; Cornell University; CPM Group; CRU; DLG Consultants; EARTHRES Group; ESG Consulting; Fasken Martineau DuMoulin; Fastmarkets; GeoGlobal; GE-Wabtec; Golder; Groff Engineering & Consulting LLC; Gustavson Associates; Hatch Advisory; Hatch; Hoal Consulting; House Mountain Partners; IDS GeoRadar; Independent Mining Consultants; InfoMine USA; Intera, Inc.; Kappes Cassidy & Associates; Lauras Liasons; LaszloPhoto; Lincoln Metallurgical; Lulea University of Technology; McGriff, Siebels & Williams; Millcreek Engineering; Miller Thomson; Mining Development Services, LLC; Mining Journal; Near Earth LLC; New Space Analytics LLC; NY SME; Panattoni Development Co.; Penguin Automated Systems.; PMV Research; Proudfoot Consulting; Ramboll; Raw Materials & Ironmaking Global Consulting; RESPEC; Riivos; Roscoe Postle Associates; RPM Global; Samuel Engineering; Sanford Rose Associates; SCM Decisions, LLC; Sepor Services LLC; Shearman & Sterling LLP; SME; Social Capital Group s.a.c.; SRK Consulting; Stagg Resource Consultants; Stantec; SynTerra Corp.; TAA Advisory; Technology Metals Research; The Climate Service; Tierra Group International; University of Delaware; University of Utah; U.S. Department of Energy, National Energy Technology Laboratory; Watson Environmental; Weir International, Inc.; Westech Engineering; White & Case LLP; Wiley Rein LLP; Wood Plc; and others. 

We hope you can join us at CTMF 2020! Get your questions answered. Registration is open. Members of the New York area business community are welcome to register to attend any of the workshops and receptions. Space is limited*. Organizers may need to close registration early*.

Below is the Preliminary CTMF 2020 agenda. Please revisit this tab for updates. We anticipate an almost complete agenda will be posted in early February. 

Meet colleagues during breakfast, morning and afternoon refreshment breaks, lunches, evening receptions and workshops at NY SME's Current Trends in Mining Finance (CTMF) conferences

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The agenda below is being updated in January 2020 - please revisit for updates and changes
NY SME extends a special thanks to CTMF 2020 Diamond Sponsors and to all sponsors, the media partners and workshop organizers. Join them. All help make CTMF possible. 

Thank you Shearman & Sterling, the host of CTMF 2020 and all Sponsors.

CTMF 2020 will start at Noon on Sunday May 10 and end at 4:30 PM Wednesday May 13, 2020
Content, order and times are subject to change. Speakers' bios are here Check back for updates

Sunday May 10, 2020 - Two Workshops at New York Marriott East Side Hotel at 525 Lexington Avenue, at 49th St. Noon for lunch; Start at 12:30 PM; Refreshment break at ~2:45 PM; Workshop ends at 4:30 PM. For workshop descriptions and instructors' bios visit here 

I.  Lessons learned from mega projects and mining projects - Key success factors led by Baqun Ding, Ph.D., Global Manager for Mining, Mineral and Metals of Independent Project Analysis, Inc

II. 
An update about U.S. SEC SK - 1300: Potential impact on raising capital – Get ready before 2021 led by Ben Parsons, MSc, MAusIMM (CP), Principal Consultant (Resource Geologist), SRK Consulting (U.S.) and Matthew Sullivan, Consultant, Mining Economics, SRK Consulting (U.S.)

Sunday May 10, 2020 Welcome Reception from 5 to 7 PM All are welcome to register to attend a reception at the New York Marriott East Side Hotel at 525 Lexington Ave., at 49th St. All must register in advance. Sunday workshop registration fees include the fee for the Sunday welcome reception. Conference registration includes the Monday and Tuesday receptions.

Sponsored by Blake, Cassels & Graydon; Golder Associates; SynTerra Corporation; and _____________

Monday May 11, 2020 - Day One of the Conference from 7:30 AM to 5:30 PM
at Shearman & Sterling LLP at 599 Lexington Avenue, at corner of 53rd Street
Revisit this site for updates and details about the speakers.
Content, order and times are subject to change

7:30 AM Registration and Breakfast
Sponsored by Behre Dolbear; ____________

8:20 AM Welcome and Opening Remarks by Conference Chair and Host

8:30 AM I.1 Capital Markets Review and Key Trends in Mining

  • What is the current environment and outlook? What sources of capital are helping miners to survive?
  • What are the key drivers? How much capital has been raised in private, public markets, stock exchanges, etc.?
  • What are debt, credit and investor trends in mining telling us about performance and risk today?
  • Are junior, medium & large companies, brown and green field projects getting funded? How? Where?

9:15 AM I.2 - To be announced

10:00 AM Key Note Speakers: A Fire Side Chat with Peter Grosskopf, Chief Executive Officer, Sprott Inc.; Managing Director, Sprott Resource Lending and Douglas Groh, Portfolio Manager, Tocqueville Asset Management L.P. re Active and Passive Investment in the Precious Metals Sector in the Changing Mine Finance Landscape. They will discuss the changing equity and mining finance markets and the investing, lending and outlook for capital raising and financing gold projects and companies. They will also speak about the return of public equity investing through actively managed and dedicated funds and the risks and opportunities available to precious metals investors.  

10:30 AM Refreshment Break
Sponsored by Hatch Advisory

10:50 AM I.3 Mining M&A and Consolidation Trends – Shearman Room

What are the implications of the recent mergers, acquisitions in the gold mining industry? Is this the start of a larger consolidation trend? What other mining sectors may be next? Will this result in better returns for shareholders? Or lead to jettisoning of non-material, non-core assets and write-downs? Is consolidation healthy? What issues and metrics impact valuations, M&A, impairments, write-offs and deals getting done? Are more cross-border transactions coming? How are changing ESG regulations, best practices and related issues being handled? Where is M&A activity greatest?

10:50 AM I.4A Investing in Industrial Minerals: What Makes Them Different? Conference G/H

This panel will review investing in industrial minerals projects and include both conventional and solution mining. Key criteria used to make investments decisions in both greenfield and brownfield industrial mineral projects will be debated. Challenges with industrial mineral project due diligence reviews will be highlighted. A leading industry producer will participate along with a mining finance professional and independent engineering advisers that work in the industrial minerals area. 

11:35 AM I.4 Metals Pricing Trends & Outlook: What’s Different? - Shearman Room

This panel will focus on discussion of key drivers and the outlook for the metals markets. What is China’s impact? How is the mining industry managing the price volatility seen and the cycle in recent years? Which sectors and trends are favorable? What technical and regional issues impact pricing and margins realized by miners? How will economic growth worldwide and locally impact pricing, supply and demand? What is the outlook near term? 

11:35 I.4A Financing Exploration and Early Stage Development - Conference Room G/H

How does the minerals industry and society assure consistent funding of exploration and its success to satisfy the demand of an electricity-driven, technology society of the future? How are explorers today raising capital needed and overcoming the challenges of financing a private company from exploration through development and into construction? What are the latest trends? Are sophisticated, high net worth investors, private equity, strategic and royalty companies filling the breach? How? Where? On what basis and terms? Managers today need to understand how the private equity markets are responding and fulfilling the industry’s capital needs.

12:20 PM Key Note Speaker Lunch - Shearman and Conference G/H and other Rooms

12:35 PM Key Note Speaker - To be announced

Sponsored by Government of Quebec

1:30 PM I.5 Important Local, Federal, Government Tax Law Changes – Shearman Room

Join this panel discussion about tax uncertainties faced by mining companies operating in various jurisdictions. How do leading companies manage the tax function in light of legislative changes? This panel will address ways in which mining companies mitigate their tax risk in an environment of change and uncertainty and will focus on the potential impact on the mining industry in light of several new recent tax law changes as well as discussion of pending and discussed complex prospective tax changes around the world

1:30 I.5A Critical Material Supply Chain Trends: What is the Outlook? - Conference Room G/H

What is the outlook for critical raw materials? Where should people focus their attention. What are the key challenges funding future supply of battery and rare earth metals? What is the appropriate level of exploration spending and new project development? What are the best projects and technologies driving the market? What are the key drivers of demand and current supply outlook for the key metals? When will industry consumers step into the mining and processing business? Will they? Where are key shortages expected?

In recent years there is growing interest and technology developments and investment trends impacting critical mineral supply chains, including lithium, cobalt and nickel for example. This panel will highlight key challenges, end product and mining trends that impact financing mining, battery, energy storage and power generation: What are the challenges and constraints the financial and investment community face and opportunities to bring a new project to market in the battery metals space and difficulties associated with attracting capital to bring projects from concept to reality? A second panel will further discuss these topics.

2:20 PM I.6 U.S. SEC Rule S-K 1300 Disclosure Rules for Mining Registrants: Are you Ready for 2021? - Shearman Room

Since the October 2018 announcement by the U.S. Securities and Exchange Commission about replacing Industry Guide 7, (IG7) there has been allot of interest about the impact of the changes on mineral property disclosure, valuation and due diligence. This panel will compare old Industry Guide IG7, with SME’s Guide for Reporting Exploration Information, Mineral Resources and Mineral Reserves and other CRIRSCO codes, guides, and standards; discuss the impact on Qualified Persons (QPs), Qualified Person Firms, Reliance on Third Parties, Independence of Qualified Persons; Reporting under S-K 1300 for Canadian registrants including MJDS and non MJDS filers, differences in the format of technical reports under NI 43-101 and S-K 1300 and Materiality, Confidentiality, Aggregation of properties in applying S-K 1300.

2:20 PM I.6A  - To be announced - Conference Room G/H

3:10 PM Refreshment Break
Sponsored by Hatch Advisory

3:30 PM I.7 Why Some Mining Projects Succeed and Some Fail – Shearman Room

This two-part panel will be about why capital cost over-runs occur and how and describe some means of improving capital productivity by using technology and other means from a lender’s and owners’ perspective. What can investors, funders and managers do to improve the interpretation and delivery of results according to plan? The first panel will discuss key drivers, issues and trends explaining why capital costs are difficult to estimate and manage. A second panel will talk about tools and ways investors, funders and owners manage or execute projects on time, in budget and how investors relying on or interpreting company’s NI 43-101, JORC reports and other studies can best interpret data in hand about mining projects.

3:30 PM I.7A Energy Prices, Trends and Opportunities - Conference Room G/H

This panel will focus on discussion of key drivers and the outlook for the coal, uranium and energy markets focused on North America and where the opportunities are. What is China’s impact? How is the industry managing the price volatility and changing regulatory environment in recent years? What technical and technology issues are impacting the sector the most? Margins realized by miners? How is global economic growth and locally impacting the outlook?

4:20 PM I.8 To be announced - Shearman Room

4:20 PM I.8A  to be announced - Conference Room G/H

5:10 PM I.9 What is Different Today for Miners Looking to Raise Capital? - Shearman Room

  • How is today different than in years past for operators, lenders and investors agreeing on terms
  • Is the outlook more favorable for miners than one year ago? Why? Where? How good is it? Is it real?
  • What are key issues, costs and terms that mining company management need to be aware of?
  • Where are the opportunities? What types of deals technically and structurally are finding capital?

6:00 PM Conclusion of Day One of the Conference

6:00 - 8:00 Reception at the New York Marriott Hotel East Side - Register in advance. Space is limited*. You can register more than one person. Visit receptions
Sponsored by Blake, Cassels & Graydon; SRK Consulting; __________

8:00 PM Conclusion of Day One of the Conference

Below is Carlos A. Urquiaga, Managing Director & Head of BNP Paribas’ Mine Financing Team for the Americas. 
Carlos_Urquiaga_from_BNP_speaking_at_CTMF_2018_in_NYC_SSSTM30Apr2018C1-013.jpg

The agenda is being updated in January 2020 - please revisit for updates and changes

Tuesday May 12, 2020 - Day Two of the Conference from 7:30 AM to 5:30 PM
at Shearman & Sterling LLP at 599 Lexington Ave., at 53rd Street
Check back for updates. Content, order and times are subject to change

7:30 AM Registration and Breakfast
Sponsored by Behre Dolbear; _____________

8:40 AM II.1 Sources of Capital: Private Equity, Royalties, Streaming, Pre-Payments - Shearman Room

This panel will discuss varied sources and structures of capital available for miners as well as the legal and tax attributes and issues associated with these different ways of employing capital in the Mining World.

8:40 AM II.1A Estimating and Managing Costs at Early and Development Stages - Conference Room G/H

The mining industry faces allot of issues, two include reported declines in productivity and challenging returns on investment in the mining industry, on average. What are mining companies doing to reverse these trends? What are examples of best practices and methods and tools used to overcome the challenges management and miners face regarding declining ore grades, the need to go deeper, and compliance with more regulations.

9:30 AM II.2 Green Finance in Mining Today - Shearman Room

Commercial banks and others providing debt financing to the mining sector today are focused on developing “green/ESG-linked financing” products across all industry sectors, including mining.  This panel will discuss the state of this market; available products including key terms; the circumstances in which miners can access these products; and the pros/cons of such products from a mining company’s perspective. The panel will discuss as the benefits of this type of finance the reputational benefits, access to new pools of capital, greater certainty in securing approvals and execution and in some cases reduced funding costs and will note there can be “strings” such as more upfront diligence, ongoing monitoring and third-party verification. These products can be available to fund  major capital expenditures (such as water optimization projects, projects that switch fossil fuel energy to renewable energy sources, and replacing aging equipment with newer more fuel efficient or otherwise environmentally friendly equipment such as slurry pipelines replacing a diesel-powered truck fleet) as well as smaller debottlenecking and community relations projects.

9:30 AM II.2A Tailings Stewardship: A Primer for Financiers and Managers - Conference Room G/H

This panel will present three key considerations for the investment community, which are: The roles and responsibilities of the Owner, the Engineer and tailings facility Operators to adhere to an acceptable Tailings Stewardship industry standard of care and practice; the potential risks and liabilities of investing in a project that does not adhere to an acceptable Tailings Stewardship industry standard of care and practice and; a recommended Pre-Investment Tailings Due Diligence approach to appraise tailings management practice and minimize investment risk.    

10:20 AM Refreshment Break
Sponsored by Hatch Advisory

10:40 AM II.3 Owners’ and Investment Due Diligence: Are Right Questions Being Asked? - Shearman Room

What is needed for an appropriate technical due diligence review? At times there are disconnects between an investor’s due diligence requirements and the procedures and methods used by consultants and consulting firms performing independent due diligence reviews. Investors often rely on limited and possibly inaccurate information or may not fully understand what is needed in technical due diligence and may erroneously instruct the consultant with due diligence tasks.  Due diligence reviews are important to investment decisions.  Poor due diligence then leads to poor investment returns.  This panel will discuss the needs of the investment community which could then be used to develop best industry practices and standards

10:40 AM II.3A Using New Technology and Innovation Underground and in Exploration - Conference Room G/H

Improved integration of data and use of technology in mining can improve outcomes, add value, for example, when subsurface knowledge is not utilized in operations or in prediction of potentially costly environmental scenarios. Applying new techniques, technology and technical de-risking is an opportunity for investors and management in an industry transforming itself to realize higher returns, employ more cost effective and develop sustainable projects. Innovation in extraction and exploration can be driven by investors asking more from company leadership. It can be argued that companies that use integrated, technical de-risking methods should be rewarded over those that do not.  

11:30 AM II.4 Fostering a New Generation of Mining Investors – How? – Shearman Room

Getting the attention of a new generation of mining investors is hard. Over the next decades, the United States is poised to experience the greatest value of wealth transferred from one generation to the next. Despite this fluidity, the next generation of investors have different approaches and practices to wealth, spending and investing. There are new ways to communicate that miners need to market to and redirect investor relations efforts. This panel will discuss how mining and exploration companies can more effectively position their brand and the industry among a new generation of investors. What values do these people look for? How can companies leverage themselves and attract the attention needed to tell their story? What are some creative disruptions we can use to better inform new investors of mining's value proposition?

11:30 AM II.4A Solar Development on Brownfield Mine Properties - Conference Room G/H

Mine properties across the country are well suited for solar development. Solar parks are efficient re-uses of land like reclaimed strip mines, landfills and superfund sites, which use is supported and encouraged by EPA and state environmental agencies.  The solar assets provide lease revenue, local energy supply, green energy credits and redevelopment investment to land that has little other opportunities.  Landowners can participate at different levels to create new jobs and business opportunities.

12:20 PM Key Note Speaker Lunch

12:35 PM Key Note Speaker -  Douglas B. Silver, Portfolio Manager at Orion Mine Finance. Doug will speak about The Importance of and How to Optimize Mine Stakeholders’ Concerns in these changing times where society’s and capital markets’ rules of conduct and expectations are continuing to evolve, requiring mineral and mining companies to adapt to the times.

The old adage “We only work for our shareholders” no longer passes the smell test. Today, miners and explorers need consider other options and methods to optimize stakeholders’ concerns in order to obtain and maintain social license. The question is whether this is economically feasible. Doug's talk will review this paradigm shift and how investors and owners are adapting to change.


1:30 PM II.5 Managing Social Issues in a Changing World - Shearman Room

In today’s changing world, getting mining projects up and running successfully must take stakeholder engagement to another level in order to ensure project acceptance from local communities early in the project and manage expectations throughout the project cycle. Management strategies must aim to ensure that a reasonable number of jobs are made available during both the construction and operations phases to local workers (both male and female); establish skills training programs for the local communities and early enough in the project schedule so local unskilled workers can be trained and eligible for jobs when they become available; procure as many goods and services from the local communities as possible; and create local benefits for communities by understanding and responding to their needs. Such strategies are especially important as organized opposition from environmental NGOs, indigenous groups, and others has grown more sophisticated and widespread and the risks to mining projects has increased accordingly. Panelists will examine the roots of these challenges and assess the effectiveness of corporate strategies and methods for addressing them.

1:30 PM II.5A  Digital Transformation: Use of Artificial Intelligence - Conference Room G/H

To be announced

2:20 PM II.6 Quantitative Approaches to Managing ESG, Social License, Stakeholder Interests  - Shearman Room

To be announced

2:20 PM II.6A Transforming Mines with Integrated Digital Operational Platforms - Conference Room G/H

This panel will discuss what digital transformation really is and will be geared more toward investors and financial stakeholders to provide a better understanding of what to look for and what questions to ask about technology implementation and how to get started, what to expect, how to benefit and lessons learned. Presented in plain language geared for those who have little to no understanding of digital transformation terminology, to those that are savvy and engaged with active technology adoption. A must for those that would like have a better understanding of pitfalls, lessons learned, successful strategies and best practices.

3:10 PM Refreshment Break
Sponsored by Hatch Advisory

3:30 PM II.7 Water Risks: Approaches to Avoid Problems - Shearman Room

This panel will identify the water risks common to most mineral development projects, illustrate common approaches for characterizing and controlling water risks, and share examples of how disruptions from water problems can have severe impacts on the financial performance of a development or operating company.

3:30 PM II.7A Sustainability as an Economic Driver in Mining - Conference Room G/H

How are miners and financiers navigating new sustainability and ESG ratings? What are the impacts of these ratings? How can mining and metals companies reduce the carbon intensity? What are the key greenfield and brownfield developer consideration operations? What are miners doing to measure carbon emissions, energy intensity, water usage and other ESG parameters at a mining asset level.  How best to measure and evaluating the impact of risk mitigation efforts on mining project funding and investment.

4:20 PM II.8 Favorable Investment Jurisdictions in Mining & Minerals Sector in the Americas - Shearman Room

This panel will ask these and other questions: Are miners and mining investment experiencing a return to perennial jurisdictions such as Canada and the US? What has happened elsewhere South of the Border? Is mining investment able to overcome the changing winds? What about governments mediating between communities and miners? Are miners adjusting? What is working? Which governments are doing things to attract investment? What works? What is the outlook?

5:10 PM Closing Remarks by Conference Chair

5:15-8:00 Reception at Shearman & Sterling - Register today 
Sponsored by Shearman & Sterling; SRK Consulting; _____________

8:00 PM Conclusion of Day Two of the Conference

Wednesday May 13, 2020 - Four Workshops at Shearman & Sterling LLP at 599 Lexington Avenue, at 53rd StreetSelect one of two morning workshops: Breakfast 7:45 AM, Start 8:30 AM, End 11:30 AM, Lunch Ends 1 PM and or join us at either of the two afternoon workshops: Join us for lunch at Noon, the afternoon workshops start at 12:30 and ends at about 4 PM.

Wednesday May 1, 20209 from 8 to 11:30 AM prior to lunch at Shearman & Sterling

III. Mining asset valuation and its uses led Dr. David Laughton from David Laughton Consulting  

IV. Digital transformations, Technology implementation - How to get started, what to expect, how to benefit and lessons learned led by Rick Hoggan, P.E., President & CEO of Millcreek Engineering Company, Sandeep Sandhu, General Manager North America, RPM Global, Jon Wylie, President, Natural Resources, Proudfoot

Wednesday May 13, 2020 lunch from Noon to 1 PM at Shearman & Sterling
All Wednesday workshop attendees are welcome to attend lunch starting at about 11:45 AM to 1 PM before the start of the afternoon workshop and official end of the Conference.
Sponsored by Shearman & Sterling 

Wednesday May 13, 2020 from Noon to 4 PM - Starting after lunch at Shearman & Sterling
The fifth and sixth workshops will start at 12:30 PM. If registering to attend this workshop, please join us for lunch, promptly before Noon

V.  The value of cost estimating of mining projects at the scoping stage led by Jennifer Leinart, L.G. President, InfoMine USA, Inc., Scott Stebbins, P.E., President Aventurine Engineering, Brad Terhune, L.G., Cost Analyst/Senior Geologist, InfoMine USA, CostMine, Sam Blakely, Cost analyst/Geologist, InfoMine USA, CostMine

VI.  Measuring, quantifying and monetizing risk exposure in a mining organization led by Michael Hartley, Founder & CEO of Minetell and Dana McNaughton, Minetell Strategic Advisor

Wednesday May 1, 2020 - the CTMF Conference ends at 4 PM

Read about the five workshops here and join the CTMF sponsors

CTMF_2017_Workshop_Delegate_Engaging_with_Presenters_from_S_S_0I7A0533.jpg

Join us for five informative, interactive workshops - read about them here Get your questions answered!

Two workshops on Sunday May 10, 2020 starting at Noon to 4:30 PM will be at the New York Marriott East Side Hotel

I.  Lessons learned from mega projects and mining projects - Key success factors led by Baqun Ding, Ph.D., Global Manager for Mining, Mineral and Metals of Independent Project Analysis, Inc

II. 
An update about U.S. SEC SK - 1300: Potential impact on raising capital – Get ready before 2021 led by Ben Parsons, MSc, MAusIMM (CP), Principal Consultant (Resource Geologist), SRK Consulting (U.S.) and Matthew Sullivan, Consultant, Mining Economics, SRK Consulting (U.S.)

Four post-conference workshops on Wednesday May 13, 2020 will be at Shearman & Sterling:

Wednesday May 13, 2020: Two Workshops from 7:45 to 11:45 AM at Shearman & Sterling

III. Mining asset valuation and its uses led Dr. David Laughton from David Laughton Consulting  

IV. 
Digital transformations, Technology implementation - How to get started, what to expect, how to benefit and lessons learned led by Rick Hoggan, P.E., President & CEO of Millcreek Engineering Company, Sandeep Sandhu, General Manager North America, RPM Global, Jon Wylie, President, Natural Resources, Proudfoot

Wednesday May 13, 2020: Two Workshops from Noon to 4:15 PM at Shearman & Sterling

V.  The value of cost estimating of mining projects at the scoping stage led by Jennifer Leinart, L.G. President, InfoMine USA, Inc., Scott Stebbins, P.E., President Aventurine Engineering, Brad Terhune, L.G., Cost Analyst/Senior Geologist, InfoMine USA, CostMine, Sam Blakely, Cost analyst/Geologist, InfoMine USA, CostMine

VI.  Measuring, quantifying and monetizing risk exposure in a mining organization led by Michael Hartley, Founder & CEO of Minetell and Dana McNaughton, Minetell Strategic Advisor

Read about the workshop details here They will include plenty of time for delegates' Q&A, food, refreshment breaks - all in a professional, warm meeting room where you can spread out and learn. We hope you join us! to hear and meet many leading, influential experts who work with, advise and fund large, medium and small mining and exploration companies world wide. They and colleagues are typically involved with evaluating and funding the core aspects of mining projects, often including related equipment and infrastructure requirements.

Throughout CTMF 2020 there will be time to meet one-on-one key influential banking, finance and industry executives and advisers working all around the world. Visit Why Attend where there is a list of the many companies that attended CTMF last year in three categories: banking, finance, investor, private equity firms; and mining and exploration firms and professional advisory firms.

Below is Anthony O'Neill, Group Executive, Technical & Sustainability, Anglo American Plc giving his key note talk about FutureSmart Mining TM at CTMF 2017. Many leading companies and experts attend CTMF. Join us!  
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The speakers at CTMF 2020 will be addressing these and other topics:

  • Bankers’ View of Capital Markets and Mine Financing - multiple round table panels about recent deals, M&A, restructurings, where, how and who is raising capital, what issues are most prominent.
  • Evaluating, Structuring Finance and Funding of Mining Companies and Projects including discussion of alternative capital sources, royalties, streaming, debt, project finance, pre-payments, and off take agreements.
  • Analysts’ View of Metals and Minerals Markets - multiple panels about global metals, mining, technology, energy and battery market trends, including discussion about supply, demand, and prices for base, precious, industrial and critical metals
  • Technology, Smart Data, Innovation - multiple panels by leading experts about the industry using data and innovation to manage operating and capital costs and risk, as well as to stay compliant with changing standards and regulations

  • Managing Changes of Rules and Regulations - multiple panels about best practices and anticipating and managing in an ever-changing regulatory landscape, including tax codes and standards involving sustainability and societal and political risk
  • Engaging Stakeholders For Success - multiple panels about non-technical and communal, regulatory rules and best practices and case studies involving mining and infrastructure development and finance - impacted by societal, economic, and technical issues
  • Best Practices re Reserves and Resources - including discussion of recent changes to rules and definitions and harmonization of mining codes and regulations including panels about the U.S. SEC's S-K 1300 revising of Industry Guide 7
  • Government Policy to Support and Attract Investment in mining and related sectors, including technology
  • And other current topics, trends, issues, best practices and case studies

Hear Key Note Speakers Peter Grosskopf, CEO of Sprott Inc. and Managing Director of Sprott Resource Lending and Douglas B. Groh, Portfolio Manager, Tocqueville Asset Management They will discuss the investing, lending and outlook for capital raising and financing of gold projects and companies and highlight the risks and opportunities available to precious metals investors in the changing mining finance landscape and current equity financing trends as well as the return of public equity investing through actively managed and dedicated funds.

Douglas Silver, Portfolio Manager for Orion Mine Finance will be a key note speaker. He will discuss the importance of and How to Optimize All Mine Stakeholders’ Concerns and how society’s and capital markets’ rules of conduct are continuing to evolve, requiring mineral and mining companies to adapt to the times. The old adage “We only work for our shareholders” no longer passes the smell test. Today miners and explorers need to optimize all stakeholders’ concerns in order to obtain and maintain their social license. The question is whether this is economically feasible. He will review this paradigm shift and discuss how investors and owners are adapting to change. 


Chris Taylor, M.Sc., P.Geo. Director; President and CEO of Great Bear Resources Ltdwill be a guest speaker at the welcome reception on Sunday May 10 with delicious snacks and beverages. The reception starts at 5 PM and ends at 7 PM. It is not a dinner.  Please register in advance. Space is limited. Chris will discuss: Great Bear Resources' Science-First Approach to Exploration.

Meet with members of Quebec's delegation of mining executives and officials returning to CTMF for the fifth year. 
Hear and meet the speakers and many other influential leaders in the mine finance and related sectors who work around the world! Join all with time for Q&A and one-on-one meetings with attendees, speakers and members of the New York financial, analyst, and investment community. 

Titles of attendees include: CEO, President, Partner, Executive Director, Project Manager, Banker, VP, Engineering & Development, Corporate Finance Specialist, CFO, Treasurer, Consultant, Managing Director, Geologist, Corporate Strategist, Investor, Environmental Specialist, Engineer, Mining Engineer, Lawyer, Financial and Equity Analyst, Accountant, Portfolio Manager, Controller, CTO - Chief Technology Officer, Global Leaders of Mining and Natural Resources, Founder, Economic Geologist, Community Engagement, Investor Relations Officer, Auditor, VP of Underwriting, Credit Research, Environmental Services Practice Leader and Appraiser.

Shown below are delegates attending panel discussion re Engaging Stakeholders for Long Term Project Success
Panel_II_6_A_CTMF_2017_Engaging_Stakeholders_for_Success_Tues_2_May_20170508_151916.jpg
New York SME thanks all sponsors and
welcomes you to join them. Contact Tim Alch conference co chair timalch@gmail.com if you have questions. All help make it possible to meet in New York. For a one page schedule of events click here

Below was an engaging panel discussion at CTMF 2017 that was about Restructuring Mining Companies: Second Chance for Success. We invite you to submit your expressions of interest to speak as soon as possible. 
SSSMEMay2017a-096_Panel_I_6_Restructuring_Second_Chance_for_Success_Mon_1_May_2017.jpg
Here is a daily Summary of CTMF 2020 Events. We hope you join us! 

Sunday May 10, 2020: Two Workshops: Noon - 4:30 PM at New York Marriott East Side Hotel
Sunday May 10, 2020: Welcome Reception: 5:00 - 7:00 PM at New York Marriott East Side Hotel

Monday May 11, 2020: Conference: Day One: 7:30 AM - 5:30 PM at Shearman & Sterling LLP
Monday May 11, 2020: Reception: 6:00 - 8:00 PM at New York Marriott East Side Hotel

Tuesday May 12, 2020: Conference: Day Two: 7:30 AM - 5:30 PM at Shearman & Sterling LLP 
Tuesday May 12, 2020: Reception: 5:30 PM - 7:30 PM at Shearman & Sterling LLP

Wednesday May 13, 2020: Two Workshops: 7:45 AM - 11:45 AM at Shearman & Sterling LLP
Wednesday May 13, 2020: Lunch 11:45 AM to 1 PM at Shearman & Sterling LLP
Wednesday May 13, 2020: Two Workshops: 12:30 - ~4 PM at Shearman & Sterling LLP

In addition to engaging panel discussions, CTMF offers all the opportunity to ask questions of the panelists. We hope you join us! We invite you to submit your expressions of interest to speak as soon as possible. 
Panel_I_2_Bankers_View_of_Capital_Markets___Mine_Financing_Monday_1_May_20170504_192054.jpg

We hope to see you at CTMF 2020!
Save the dates - Sunday May 10 - Wednesday May 13, 2020
SME's 8th annual Current Trends in Mining Finance Conference
Managing Risk and Identifying Opportunities in a Disruptive World

Connecting Mining, Finance and Engineering Executives TM
Revisit this website for updates about CTMF 2020. The schedule and speakers are subject to change. See a one page schedule of the 2019 events here The format of CTMF 2020 will be similar to the 2019 events and held at the same venues shown in pictures in this site. * Space is limited. The organizers monitor registrations and may need to close registration early. Some registered delegates may be asked to be present in a second and or third board rooms that will have live video and audio feed to the main conference room and or to the track two conference room. Additional rooms and space adjacent to the main conference room are places to relax, network, meet one on one, for quiet phone conversations, or work. Join the sponsors For hotel suggestions click here We invite you to join SME and visit the SME's Bookstore Catalog with a selection of economic and business texts about mining.