MINEX 2006
 
 
Minex'06 forum at a glance
 
     
 
 

Minex 2006 took place in Moscow on 4-6 October 2006

Minex (Mining and Exploration) Forum is the largest Russia/CIS focused event aimed at promoting discussion and awareness of the issues affecting mining and exploration activities in the mineral sectors of Russia, Central Asia and other CIS countries. Over 500 delegates participated in the forum this year (an increase of 100 delegates comparing to 2005). The forum was organised with the support of the following organisations: SRK Consulting, Mining Advisory Council, White & Case, Polyus Gold, Deloitte, NBL Gold, Geoinformark and was managed by Advantix Ltd - a UK-based business communications agency working with Russia and the CIS.

 
 
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Minex participants (year on year participation statistics)
Minex 2005
 
Minex 2006
 
  Accounting / Аудит
10
2.7%
16
3.2%
  Banking / Банковские услуги
13
4.5%
20
4%
  Consultant / Консултанты
17
4.6%
26
5.3%
  Exploration / Геологоразведка
9
2.4%
50
10%
  Finance / Финансовые услуги
49
13.5%
41
8.2%
  Government Dept. / Государственная организация 
16
4.3%
12
2.6%
  Holding company / Холдинг
4
1%
5
1%
  HR Services / Трудоустройство
4
1%
3
0.6%
  Legal services / Юридические Услуги
9
3%
12
2.4%
  Media / СМИ
23
6.2%
28
5.6%
  Mining / Добыча минералов
119
32.2%
170
34.1%
  Mining Engineering / Горный инжиниринг
36
9.7%
37
7.4%
  Processing / Перереработка
22
6%
15
3%
  Research Establishment / Научно-исслед.
19
5.5%
39
7.8%
  Software solutions / Компьютерные Технологии
4
1%
18
3.6%
  Trade association / Ассоциации 
2
0.5%
4
0.8%
  Trading / Торговля 
7
1.9%
2
0.4%
 
  MINEX 2006 AGENDA IN BRIEF  

  WEDNESDAY, OCTOBER 4:

Morning: master class organised by SRK Consulting: Computerised geological modelling and planning.

Afternoon: master class organised by SRK Consulting: Resource-reserve reclassification.

Afternoon: Consecutive software presentations by the leading soft companies specialised in mining and geological computerised solutions (Mincom, Micromine, Datamine, Surpac Minex Group).

B2B exhibition

Evening: Ice breaker reception
(co-hosted by Peter Hambro Mining and Mincom)

 
 

  THURSDAY, OCTOBER 5:

Session 1: Russian and CIS mining sector on the global Investment Map. From boom to…?
Session 2: Current regulatory issues in Russia and Central Asia.
Session 3: Raising finance in the mining sector.
Session 4: Joint Ventures and Foreign Direct Investment in the Mining Sector.

Afternoon: Joint business presentation of IFC Metropol and Metals of Eastern Siberia Corporation.

Afternoon: Master class: Preparing mining companies for an IPO in London organised by the London Stock Exchange and Uralsib Capital.

B2B exhibition.

Evening: Cocktail reception hosted by Advantix Ltd.

 

  FRIDAY, OCTOBER 6:

Session 5: Developments in exploration.
Session 6: Evaluation of mineral projects.
Session 7: Logistics & Infrastructure.
Session 8: Provisions for rehabilitation and closure of mines.
Session 9: Going forward: the need for investment in science
and education and the opportunities of working together.

Afternoon: Regional presentations:
– Mineral resources of Karelia region
– Mineral resources of Southern Urals
– Exploration and investment opportunities in Krasnoyarsk region and Evgenia autonomous region
– Diversification of mineral resources base of Magadan Region
– Overview of gold mining and exploration activities in Krasnoyarsk region
– Investment climate in Kazakhstan – foreign investor’s perspective
– Investment climate in Kazakhstan – consultant’s perspective.

B2B exhibition

Evening: Gala reception at the Artist Gallery Prechistenka, 19.  hosted by SRK.

 

 
Click to enlarge the graph

Mining Industry Growth indicated by Minex 2006 participants

In 2006 and 2006 Minex delegates were asked to evalute the key factors which influence development of the Russian Mining Industry and impede full realisation of the its growth potential. Please see the results below.

 
Index Minex 2005   Index Minex 2005/2006
Click to enlarge the graph Click to enlarge the graph
       

Key business elements which have impact on the Russian Mining Industry

Index 2005

Index 2006
(++/+/0/-/--)

 People:

90 %

+

 Resource Base:

80 %

+

 Legal (with new law):

80 %

0

 Political:

75 %

+

 Fiscal:

75 %

0

 Resource Appraisal:

70 %

+

 Technology:

70 %

+

 Finance:

65 %

+

 Accounting:

50 %

0

 Social / Environment / Safety:

50 %

+

 Project Evaluation:

40 %

+

 Development:

40 %

+

 Legal:

35 %

0

 Infrastructure:

35 %

0


Minex organisers express their sincere gratitude to all sponsors who supported the forum this year

             

Platinum sponsors:

IFC "METROPOL"
East-Siberian Metals Corporation

 

Gold sponsors:

SRK Consulting
Polyus Gold
Lundin Mining
URALSIB

 

Silver sponsors:

PricewaterhouseCoopers
Polymetal
NBLGold
Baker & McKenzie
White & Case
Societe Generale Group
Deloitte
Hatch

 

Corporate sponsors:

SIBIR Mining
Aricom
Peter Hambro Mining
AATA International
Mincom

Information and media partners:

We would like to thank all Minex participants for their comments and suggestions re. further Minex project development.
Information about Minex 2007 and other associated events will be published regularly on-line.

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