Overview

Join us for the London Investment Summit covering gold, silver, and the platinum group metals. Key speakers will update us on their view on the direction for gold given the state of the world, the state of the platinum market, and what next for silver.

2010's Programme Included

Thursday, 20 May 2010
CAPITAL ROOM
Time Activity
08:30-09:30 Registration & Coffee
Opening Session Precious Metals Focus
9:30-10.00 A Fund Manager's View of Precious Metals
Ned Naylor-Leyland - Cheviot Asset Management
10:00-10:25 Focus on Silver: Creating precious metals opportunities in the Canadian North
Tony Walsh - Sabina Gold & Silver
10:25-10:50 Where are the miners looking for assets – trends in staking, property acquisitions and capital raisings
Glen Jones - Intierra Resource Intelligence
10:50-11:25 Coffee & Networking
MORNING SESSION
11:25-11:50 The impact of turbulence in the financial markets on the euro, dollar and gold
Marino Pieterse - Goldletter International
11:50-12:15 Hunting for gold in Africa – it's not all about the geology
Katharine Pulvermacher - African Rainbow Consulting
12:15-12:40 Focus on Gold: Challenges of gold mining in the US – reopening the Drumlummon Mine in Montana
Bill Fisher - RX Exploration
12:40-2:00 Networking Lunch
AFTERNOON SESSION
2:00-2:40 Panel Discussion: Outlook for the Precious Metals Markets
Panelists:
David Wilson - Société Générale
Bill Fisher - RX Exploration
2:40-3:05 Metals in Medicine - PGMs in anti-cancer treatments
Prof Peter Sadler - University of Warwick
3:05-3:40 Coffee & Networking
Closing Session Diamond and Gemstone Focus
3:40-4:05 The diamond market and the importance of consumer assurance
Andrew Bone - De Beers
4:05-4:30 Outlook for the coloured gem markets
David Hargreaves - Fair Trade Gemstones
4:05-4:30 The Kimberley Process ten years on
Elly Harrowell - Global Witness
4:30-7:30 Closing Drinks & Cocktail
Stationers Hall
Directions to the London Chamber of Commerce and Industry

The London Chamber of Commerce and Industry is located at 33 Queen St, London EC4R 1AP in the centre of London's financial district.

Nearest stations:

• Bank tube (Central, Waterloo and City, Northern, DLR, Circle and District)

• Cannon Street Station (Circle and District and Mainline train)

• Mansion House tube (Circle and District)

WALKING DIRECTIONS:

From Bank - 6 minute walk
Exit onto Poultry and walk for approx. 20 m
Turn Right Into Queen Victoria Street and walk for approx.220 m
Turn Left Into Queen Street and walk for approx. 170 m (crossing over Cloak Lane)
33 Queen Street is the second building on the right hand side

From Mansion House - 3 minute walk
Exit onto Queen Victoria Street and walk for approx. 20 m
Turn Right into Cannon Street and walk for approx. 80 m
Turn Right into Queen Street and walk for approx. 110 m (crossing over Cloak Lane)
33 Queen Street is the second building on the right hand side

From Cannon Street Station - 3 minute walk
Exit onto Cannon Street and walk for approx. 20 m
Turn Left into Dowgate Hill and walk for approx. 10 m
Turn Right into Cloak Lane and walk for approx. 130 m (crossing over College Hill)
Turn Left into Queen Street
33 Queen Street is the second building on the right hand side

Speaker Bios

Ned Naylor LeylandNed Naylor-LeylandInvestment Director, Cheviot Asset Management
Ned graduated with a BA (Hons) degree from the University of Bristol in 1998.
He began his career in 2001 at Neilson Management, later moving to Smith & Williamson (formerly NCL Investments) in 2003 where he was an Investment Manager. Ned joined Cheviot in July 2008 and is Advising a specialist Precious Metals fund.

Marino PieterseMarino PieterseEditor, Goldletter International
After a period of seven years as a Senior Investment Officer, including four years as Vice-President, for a Dutch Investment House, Marino has been an independent strategic and gold analyst for over 30 years. He is the editor of Goldletter International, a premier information source on investing in the worldwide gold industry, which is particularly focusing on emerging gold regions in the world, as well as the Uraniumletter International. Marino is a regular Speaker at worldwide Gold and Uranium conferences.

Katharine PulvermacherKatharine PulvermacherChief Executive, African Rainbow Consulting
Katharine is the Founder and Chief Executive of African Rainbow Consulting Ltd. She holds an MSc in Economics (Africa) from the School of Oriental and African Studies in London, where she completed the first stage of her PhD focusing on poverty alleviation. Katharine is well-known for the highly successful investment research and marketing programme that she ran for World Gold Council for eight years, targeting institutional investors in global capital markets. As an undergraduate at the University of Cape Town, she studied Social Work, Psychology and Sociology, and ran adult literacy classes in her spare time. She is an experienced trainer and group facilitator, has taught at university level in South Africa and the United Kingdom, and ran social reinsertion programmes for the long-term unemployed in the French department of Aude. Katharine is a mother of two sons, whose travels in Africa are almost as extensive as her own.

andy boneAndy BoneDirector for International Relations, De Beers
Andrew Bone is Director of International Relations at De Beers. He started with De Beers as a diamond valuer and subsequently worked in various other departments within the company's Rough Diamond Division, including overseas secondments in South Africa and Belgium. Later, he became an overseas buyer for six years, managing buying offices, mainly in the Democratic Republic of the Congo. Following a year in the Sales Department, he joined Marketing Liaison and Corporate Communications where, following the emergence of the conflict diamonds issue, he headed a team that worked on developing stakeholder relations and contributing to the establishment of the Kimberley Process Certification Scheme. He went on to develop the concept of the Diamond Development Initiative with the NGOs Partnership Africa Canada and Global Witness.

Today, Andrew is Director of International, Industry and Government Relations (International Relations). Based in London, International Relations is one of three component parts of De Beers Group External & Corporate Affairs, working in collaboration with Group Communications (Comms) and Corporate Responsibility (CR) in support of Country Managers in Botswana, Namibia, South Africa, India and Canada.

The role of International Relations is to develop and maintain De Beers Group relationships with governments, intergovernmental organizations (IGOs), such as the United Nations and associated agencies, other international organizations, including some think tanks and academia, industry groups, and international, advocacy-focused, non-governmental organizations (NGOs).

It deals with international policies, directives and norms that have an impact across the Group, such as the Kimberley Process and the Millennium Development Goals (MDGs). Its mission is to promote and protect the business interests of De Beers through successful management of its relations with these stakeholder groups. Andrew Bone is also a director of the World Diamond Council and the Diamond Development Initiative, and is a visiting lecturer at the University of Westminster's Business School.

glen jonesGlen JonesExecutive Director, Intierra Resource
Glen has been working in the mineral exploration industry for over 36 years. His expertise is in the data and map requirements of companies involved in mining and exploration. In 1991, Glen created the "Hot Play Map" concept which developed into an industry standard. Between 1971 and 1980 Glen worked for Granduc Mines, Teck Corporation and Getty Mines.

From 1980 to 2003 Glen managed his own consulting company, EnerSource, which was later renamed to Mineral Information Maps. In the first ten years, he concentrated on the integrated use of graphic and mapping software in conjunction with primitive data bases. This expanded to compiling databases that tracked global exploration activity around the globe. In the latter years, he developed techniques for compiling digital exploration data and claim (tenement) databases and then publishing this data in related maps. As GIS and graphic software advanced, the presentations of the published maps have been refined to one of the best in the industry.

In 2003, Mineral Information Maps merged with Intierra Ltd, a Perth based company who had just merged with Minmet. Intierra had developed a web based infrastructure for bringing together all levels of technical and financial data. Together these three merged companies now have the largest global mining, exploration and mapping subscription data base. Intierra has expanded the map publishing business from one that was producing 6 maps per year to a global one that now produces over 50 per year.

david wilsonDavid WilsonDirector-Metals Research, Société Générale Corporate & Investment Banking
David Wilson has joined Société Générale Cross Asset Research as Head of Metals Research.

David joins from Norilsk Nickel where he was Senior Economist from 2005 to 2008. Prior to that, David held various positions including European Oil Markets Editor at Platts, Market Analyst at KWI, Senior Consultant at CRU International Ltd. David began his career in 1993 as Assistant Manager on economic and market research at Zebro International Ltd.

David Wilson holds a BA in Economics and an MA in Economics & Policy Analysis, both from University of Nottingham. He also studied Journalism at Birkbeck College.

david hargreavesDavid HargreavesCEO, Fairtrade Gemstones
David Hargreaves is a mining engineer and geologist. He owns a consultancy practice which specialises in the gemstone industry and is particularly active in diamonds. He was for three years Head of Mining Research for stockbrokers James Capel and now consults to WH Ireland. He is CEO of his family company Fair Trade Gemstones Ltd, which specialises in the ethical sourcing and marketing of gemstones worldwide. He is a Chartered Engineer and a fellow of The Geological Society.

elly-harrowellElly HarrowellGlobal Witness
Global Witness was the first organisation that sought to break the links between the exploitation of natural resources and conflict and corruption. Over the years their investigations and powerful lobbying skills have been a catalyst for most of the major international mechanisms and initiatives that have been established to address these issues including the Kimberley Process and the Extractive Industries Transparency Initiative (EITI).

anthony walshAnthony P. Walsh, CAPresident/CEO/Director, Sabina Gold & Silver Corp.
Mr Walsh graduated from Queen's University (Canada) in 1973 and became a member of The Canadian Institute of Chartered Accountants in 1976. Mr Walsh has 25 years experience in the field of exploration, mining and development. Prior to joining Sabina Gold & Silver Corp, Mr Walsh was President and CEO of Miramar Mining Corporation (1995-2007), was the Senior Vice-President and CFO of a computer leasing company (1993-1995) and the CFO and Senior Vice-President, Finance of International Corona Mines Ltd, a major North American gold producer (1989-1992). From 1985 to 1989 he was Vice-President, Finance of International Corona Mines Ltd, and from 1973 to 1985 Mr Walsh held various positions at Deloitte, Haskins & Sells, a firm of Chartered Accountants.

bill fisherBill FisherDirector, RX Exploration
Bill is a geologist and mining company executive with broad international experience in diamond, gold and base metal exploration, development and production. He has an outstanding record of mineral discoveries, and played a key role with several companies in raising hundreds of millions of dollars of debt and equity for exploration and mine development.

A geology graduate of Kingston University, Bill began his career as a diamond exploration and production geologist with DeBeers in the DRC and Angola, and subsequently as a production geologist for AREDOR in Guinea. After 3 years experience in Australia, he joined Reunion Mining of London, England, before moving to Canada in 1993.

In 1995 he founded Karmin Exploration Inc. (TSXV:KAR) which discovered the 27 million tonne Aripuana massive sulphide deposit in Brazil, currently undergoing a feasibility study. In 1997, Bill began work with mining major Boliden Limited, serving as Vice President, Exploration for their 35 exploration projects in 9 countries, controlling budgets of up to $50 million annually. From 2001 until 2008, Bill was CEO of GlobeStar Mining Corporation of Toronto (TSX:GMI). Under his direction, GlobeStar acquired, developed and financed the US$100 million Cerro de Maimon copper/gold mine in the Dominican Republic, which was commissioned in 2008.

In addition to the foregoing responsibilities, Bill served as Chairman of Aurelian Resources Inc., notable for its 13.8 million ounce gold discovery at Fruta del Norte in Ecuador. Aurelian was acquired in 2008 by Kinross Gold Corporation for over US$1 billion.

Bill served as a director for Expatriate Resources and North Atlantic Natural Resources (now Lundin Mining), and is currently a director of the publically listed companies Karmin Exploration, PC Gold, Treasury Metals and RX Exploration, as well as an executive of the private exploration company, Andiamo Exploration, currently exploring in Eritrea.

Bill is a practicing Professional Geologist, registered in Ontario.

miranda werstiukMiranda WerstiukVice President, IBK Capital
Miranda has been with IBK Capital since 1994. With 16 years corporate finance and investment banking experience in the natural resources sector, Miranda takes an active role in financial advisory assignments for mining clients. She has also undertaken advisory work for clients active in the renewable energy/fuel, biotechnology and software sectors. Miranda is currently a member of the Prospectors and Developers Association of Canada, Women in Mining-Toronto Branch, Canadian Institute of Mining, Metallurgy & Petroleum and the York Technology Association. She has also been an active volunteer and Peer Group Leader for the Canadian Diabetes Association for over a decade. Since 2006, she has been a judge at the IBK Capital-Ivey Business Plan Competition, Canada's premiere student business plan competition. Miranda is a graduate of Queen's University (BScH - Biology (1990)) and of McMaster University (BAH - Anthropology (1992)). She also completed the Queen's University E-Business Programme in April 2000.

peter sadlerProf Peter Sadler, MA, DPhil (Oxon), FRS, FRSEProfessor of Chemistry, University of Warwick
Chemistry of metals in medicine (bioinorganic chemistry, inorganic chemical biology and medicine). Design and chemical mechanism of action of therapeutic metal complexes, including organometallic arene anticancer complexes, photoactivated metal anticancer complexes (for photochemotherapy), metallomacrocycles as antivirals and stem-cell-mobilising agents, and metalloantibiotics. Besides synthesis of co-ordination complexes, research involves studies of interactions with targets such as RNA, DNA and proteins, and often industrial and international interdisciplinary collaborations.