1. Why PRI is not common with mining companies in Canada
Keith Minty
GBRM
January 31, 2017
AON
Vancouver, BC, Canada

3. Soft Risk Focus is on Hard risks such as mineral resources, and financing Soft risks do NOT affect stock prices PRI obtained when demanded by our lenders Lenders usually arrange it themselves to cover their risks

5. When is PRI Obtained by Extractives
When is PRI Obtained by Extractives? PRI obtained when demanded by our lenders Lenders usually arrange it themselves to cover their risks No need for us to understand it, just pay for it!

7. Risk in conflict areas
Political risks focus is on areas of conflict like DRC Risks of expropriation can materialize in low conflict areas but usually ignored

8. Standard precautions do not include PRI
We look at “who is who in the zoo” Focus on pecking order in the country

10. Insurance Brokers
Few insurance brokers understand PRI Even fewer understand risks that mining companies face internationally

11. Advisors and consultants
Experts don’t understand or know about the issues which can arise Don’t consult with each other

13. Corporate problem
Corporate issue as management risk assessment treasury finance don’t think of issues until Friday night

14. Risk is Subjective Risk analysis is quite subjective
Undertaken after the decision to invest is made
If undertaken seriously, we scare ourselves!

15. QUESTIONS? Contact information:
Keith Minty Global Business Risk Management