State of the Mining Market Vasily Alekseenko Astana, June 13, 2014.

Slides:

Advertisements

Similar presentations

Key Performance Indicators for the Junior Resource Sector: Q Update Prepared by Mike Doggett August 27, 2014.

Advertisements

1 Regional Economic Outlook Middle East, North Africa, Afghanistan, and Pakistan Masood Ahmed Director, Middle East and Central Asia Department International.

Current Trends in Mining Finance Carlos Urquiaga, MD, Structured Debt Metals & Mining April 2013.

Understanding and Valuating Exploration Companies 24 May 2007 Shane Hunter.

Outline of presentation

The Edinburgh Dialogue – Sovereign Wealth Focus 15 June 2010, Edinburgh THE GLOBAL CONTEXT: FDI FLOWS AND CONDITIONS Insight and intelligence from the.

Australian Governments Economic Goals Low Inflation Strong and sustainable economic growth Full employment Equity in the distribution of Income External.

C A U S E S International factors: -Increased Access to Capital at Low Interest Rates -Heavily borrow -Access to artificially cheap credit -Global finance.

The Dawn of a New Economic Era? Russia Economic Report April 2015 | Edition No. 33.

ETFs in Canada October 24, Disclaimer This document is for information purposes only and is not an invitation to purchase securities listed on.

Agnico-Eagle Mines Limited1. 2 Growth Strategy Building Value Through Production and Reserve Growth Produce more gold targeting over 1.2 million ounces.

A Capital Opportunity A Global Market for Companies.

The proposed Carbon Pricing Scheme Minerals Week 2011 Seamus French Chief Executive Anglo American Metallurgical Coal.

THERE ARE NO WARRANTIES, EXPRESSED OR IMPLIED, AS TO ACCURACY, COMPLETENESS, OR RESULTS OBTAINED FROM ANY INFORMATION DISCUSSED DURING HAWKTRADE MEETINGS.

Shea & Company, LLC Annual Enterprise Software Market Review Boylston StreetMichael H.M. Shea Floor 11Managing Director Boston, Massachusetts.

THERE ARE NO WARRANTIES, EXPRESSED OR IMPLIED, AS TO ACCURACY, COMPLETENESS, OR RESULTS OBTAINED FROM ANY INFORMATION DISCUSSED DURING HAWKTRADE MEETINGS.

Natural Resource Partners L.P. Platts Coal Properties Conference February 2007.

Natural Resource Partners L.P. Platts Coal Properties Conference March 2006.

Economic Overview September 2009 Jay N. Mueller, CFA Wells Capital Management Fixed Income Group.

Page 1 OVERVIEW OF THE CONNECTICUT MARKET The current market environment for financing options for Connecticut companies Thomas J. Shields Managing Director.

1 Regional Economic Outlook Middle East, North Africa, Afghanistan, and Pakistan Masood Ahmed Director, Middle East and Central Asia Department International.

Natural Resource Partners L.P. Investor Meetings West Coast March 19-20, 2007.

2015 Labor Day Report: Annual Report on the State of Montana’s Economy Barbara Wagner Chief Economist Labor Arbitration Conference October 8, 2015 Fairmont,

Why East Africa’s oil & gas should remain underground Too little, too late…? Aidan Eyakuze Executive Director Twaweza East Africa

Natural Resource Partners L.P. A Successful Growth Story UBS Investor Meetings Las Vegas, Nevada September 18, 2007.

Bree.gov.au Major Mining Projects and Investment Presented at the ‘State of the Nation’ 19 June 2012 Professor Quentin Grafton Executive Director/Chief.

- 1 - Financial Futures in TFX (Euroyen Futures) Presenter: Shozo Ohta Senior Managing Director Tokyo Financial Exchange Inc. August 10th, 2005.

WELCOME Added experience. Added clarity. Added value. VANCOUVER CALGARY EDMONTON SASKATOON REGINA LONDON KITCHENER-WATERLOO GUELPH TORONTO MARKHAM MONTRÉAL.

2 Making of the Crisis 3 From the Mortgage Crisis to the Global Economic & Financial Crisis.

GLOBAL CHINESE FINANCIAL FORUM SHANGHAI CONFERENCE 2009 Canadian Natural Resources M&A Environment Trends and Outlook Brian Imrie Partner, KPMG Corporate.

Bree.gov.au Economic Outlook for Australian Resources: Prices, Investments and Volumes Professor Quentin Grafton Executive Director/Chief Economist Bureau.

Natural Resource Partners L.P. 17 th Annual Wachovia Equity Conference Nantucket June 26, 2007.

© OECD/IEA Mtoe Other renewables Hydro Nuclear Biomass Gas.

Saving, Investment, and the Financial System Chapter 13 Copyright © 2001 by Harcourt, Inc. All rights reserved. Requests for permission to make copies.

Figure 1 Global ICT Spending ($US Billions) Figure 1 Global ICT Spending ($US Billions) Figure 1: Global ICT Spending ($US Billions)

David Hendler Head of Financial Services - Americas Banks: ALM & Interest Rate Risk Presentation to Capital Markets Credit Analysts.

Mine 2011 The game has changed Jason Burkitt Mine Africa 26 September

Fiscal Policy, Deficits, and Debt Chapter 13 Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior.

Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.

The Role of the Investor in Financing Exploration PAUL BURTON MD GFMS WORLD GOLD FINEX LONDON SEPT

VIEWPOINT Volatile pricing in mining towns September 2015 CBRE Research1 Jacob Fong Senior Research Analyst Australia Research © CBRE (AUS) Pty Ltd | Australian.

SAVINGS, INVESTMENT, AND THE FINANCIAL SYSTEM Modules 22 & 23.

Irwin/McGraw-Hill 1 Securities Firms and Investment Banks Chapter 3 Financial Institutions Management, 3/e By Anthony Saunders.

Is not about quality but quantity From 1966 to 1970 under Leonid Brezhnev the Gross National Product (GNP) grew at a rate of around 5.3 percent per year.

When do People Help? Exploring Social Psychology by David G. Myers 7 th Edition When do People Help? Copyright © 2015 McGraw-Hill Education. All rights.

Fiscal Policy, Deficits, and Debt 30 McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

Ownership and fragmentation in UK manufacturing presentation by Richard Harris This work contains statistical data from ONS which is Crown copyright and.

The Recession. LECTURE TOPICS OUTLINE  Review of 2001  Prospects for  The global economy  Inflation.

Chapter 1 Why Study Money, Banking, and Financial Markets?

Arch Coal Business Analysis Presented by: Melissa Hanke.

Report on Jobs – Vacancy Trends 19 July 2012 Markit Economics.

1 After the Fall: Asset Allocation and Rebalancing Craig L. Israelsen, Ph.D. Brigham Young University April

J. Mverecha Financing Mining Projects Risks and Opportunities.

2015 © COPYRIGHT BY YAZAKI EUROPE LTD. ANY REPRODUCTION OR DISCLOSURE IS PROHIBITED WITHOUT PRIOR WRITTEN CONSENT OF YAZAKI 1 INSPIRING VISION BUILT ON.

An Economic Update Australian Unity Investments Claire Harding – Head of Portfolio Management.

Economic Background: Short Term and Long Term Issues January 29, 2009 Russell Fehr City Treasurer.

ETF Forum Marketplace – Toronto Stock Exchange June 2011 Gary Knight Vice President, Trading.

Exploiting market opportunity or building profitable businesses?

The Financial Services Industry: Securities Firms and Investment Banks

Macroeconomic Environment for Development: SADC Region

EXPLORATION INSIGHTS – JOE MAZUMDAR

2006 Revenue continued to depend on a relatively small number of products APRIL 2007 SOURCE: CMR INTERNATIONAL PERFORMANCE METRICS PROGRAM © THOMSON REUTERS.

2002–2006 Mid and Other sized companies continued to launch the majority of NMEs APRIL 2007 SOURCE: CMR INTERNATIONAL PERFORMANCE METRICS PROGRAM © THOMSON.

Proportion of total R&D expenditure on alliances or joint ventures by stage of R&D in 2005 APRIL 2007 SOURCE: CMR INTERNATIONAL PERFORMANCE METRICS PROGRAM.

Medical Technology Industry Sector Blueprint

Development time for new molecular entities first launched onto the world market between MARCH 2008 SOURCE: CMR INTERNATIONAL PERFORMANCE METRICS.

This appendix presumes knowledge of the aggregate expenditures model discussed in chapter 11. The aggregate demand curve is derived from the aggregate.

Copyright 2017 © Condry & Associates, Inc. + All rights reserved *

IASA Northeastern Annual Regional Conference Economic and Capital Markets Overview November 2018 The material contained in this presentation has been.

Presentation transcript:

State of the Mining Market Vasily Alekseenko Astana, June 13, 2014

IMPORTANT COPYRIGHT NOTICE The information in this document is subject to SNL Metals & Mining’s full copyright and entitlements as defined and protected by international law. All other rights are exclusively reserved to SNL Metals & Mining. All information in this file is owned by SNL Metals & Mining, and the copying or distribution of this information is strictly prohibited without the prior written permission and consent of SNL Metals & Mining. Unauthorized reproduction or distribution may result in severe civil or criminal sanctions pursuant to Canada, United States and other law. If you wish to distribute this information, contact Christina Twomey at © Copyright by SNL Metals & Mining All rights reserved. _______________________________________________________________________ SNL Metals & Mining represents the information obtained in this document has been collected and compiled in good faith from a variety of sources but makes no warranty as to the accuracy of the information from these sources.

Overview Mining Sector Summary Commodity Prices Exploration (Drilling and Spending) Development Projects Financing Mergers and Acquisitions

ANNUAL GLOBAL OUTPUT 2013 The Mining Sector

Commodity Tonnages and Prices Data for 2013; annual tonnages, median prices $1,300/oz $950/oz $115/ct 85 Moz 90 Mct Now much lower

VALUE OF MINED PRODUCTION (2013) Extracted total worth some US$1.9 trillion pa: US$700 billion metals and gems US$660 billion coal / lignite US$340 billion cement and aggregates US$200 billion industrial minerals Value of the Mining Sector 1/3rd

TARGET OPERATIONS Mined coal and metals production According to SNL database, around 90% of the value of the world’s annual production is produced by only 2,000 mines. The Mining Sector

Mining Market (end March) 57% 21% 6% 16%

Commodity Prices (to end-March) Recession bites

Commodity Prices Worst over?

Long-term Metals Prices REAL GOLD PRICE (since 1270)

Two-year Decline in Drilling 56% 62%

Where Still Drilling? (2012 to Feb 2014)

Worldwide Exploration v Metals Prices

Drilling Follows Metals Prices

Drilling Reports (Individual Prospects)

Regional Exploration (Share Total)

Falling Junior Share of Exploration Expenditure Majors Juniors Gov’t / Other Intermediate

Grassroots Work Has Fallen Grassroots Late Stage Minesite

Major Producers’ Exploration (Share of Revenue)

New Gold Resources

New Gold Reserves

Development Projects Numbers continue to fall but capex rising

Capital Raising 85% of total Cash crisis for juniors

Mergers and Acquisitions (March Quarter) 83% of total 71% of total

M&A: Still Low but Improving Deal value is improving

+44 (0)