EXPLORATION, JUNIOR TO MID-TIER MINING, INVESTMENT, AFRICA

2019 JUNIOR INDABAFor explorers, developers and investors in junior mining

4 - 5 June 2019The Country Club Johannesburg

Auckland Park

Lead Sponsor:

08h00 Registration

09h00 Chairman’s welcome Bernard Swanepoel

09h15 Ministerial Keynote Address Reviving the Junior Mining sector Honourable Minister Gwede Mantashe (MP), Department of Mineral Resources and Energy

09h45 Keynote Address: Showcasing a true South African junior mining success story Andries van Heerden, CEO, Afrimat

10h00 Session One Mining Charter III (MCIII): the beginning or the end for junior mining? • What are the implications of Mining Charter III (MCIII) and SA’s mining policy for the junior mining sector? • What is the definition of a junior mining company as per MCIII? • Has the waiver of BEE requirements for prospecting rights in SA impacted the number of applications? How are the regional DMR

offices implementing this change in policy? • Besides the BEE waiver for prospecting rights, how does the Charter assist the junior mining sector? • What more needs to be done in terms of mining policy and legislation to assist junior miners? Is the 30% BEE requirement for mining companies acceptable or realistic for juniors? Does this impact their ability to raise funds? • What are the implications of the Xolobeni ruling and the role of communities in deciding the granting of prospecting/mining rights for junior mining? Panellists: Adv. Thabo Mokoena, Director General, Department of Mineral Resources Tebello Chabana, Senior Executive Public Affairs and Transformation, Minerals Council South Africa Peter Leon, Partner, Herbert Smith & Freehills Lindiwe Nakedi, Owner & Managing Director, Gubhani Exploration

10h45 Session Two Botswana: a role model for junior mining Charles Siwawa, CEO, Botswana Chamber of Mines

11h00 Morning Refreshments

11h30 Achieving a thriving exploration and junior mining sector • What is the current state of play? • What does a world-class, thriving junior mining and exploration sector look like? • Number of prospecting right applications? Current conversion rate from prospecting to mining rights? How can we close the gap between exploration and mining? • What happens to the prospecting rights that are not being converted? Is the ‘use it or lose it’ principle being applied? • How do we improve access to primary exploration data? • Can the recent investment of R20 billion over 10 years in the Council for Geoscience galvanize exploration in SA? • Botswana, Namibia, Canada, Australia? How has mapping positively impacted exploration investment in these countries? Moderator: Michal Kotze, Head of Mining, PwC Panellists: Errol Smart, Managing Director & CEO, Orion Minerals William (Bill) Witham, CEO, Australia-Africa Minerals and Energy Group Mosa Mabuza, CEO, Council for Geoscience Dr Gargi Mishra, Industry Innovation Senior Principal – Mining, Accenture Conor McFadden, Tax Partner, Fasken

12h15 Session Three Junior coal mining: who, what and where? • What percentage are junior coal miners contributing to the total output of coal in the SADC region?

• What markets are they serving and what is the outlook for demand in the short and longer-term? • What are the latest developments in terms of signing agreements with Eskom? Has the situation improved? • What other opportunities exist within the SADC region given the huge power deficit? • Who is investing in junior coal projects and how might this change as environmental protections become stricter and interest in renewable energy sources increases? • What other challenges do junior coal miners face and how are they addressing them? Moderator: Xavier Marcel Prévost, Senior Coal Analyst, XMP Consulting Panellists: Morne du Plessis, CFO, Minergy Coal Andre Boje, CEO, Minergy Jacques Badenhorst, CEO, Maatla Energy Limited Waheed Sulaiman, Independent Consultant Dr Sakhile Ngcobo, Director, Sibambene Coal Ayanda Bam, Executive Chairman, Kuyasa Mining

13h00 Lunch and Networking

14h00 Session Four Turning around a junior mine: What does it take? What does it take to turn around an abandoned mine or resuscitate a non-operational junior mining project? This session will focus on resuscitated projects which were previously closed or abandoned and now turned around, operating successfully and generating revenues. Moderator: Mitford Mundell, Independent Business Coach & Partner, Drivatic Panellists: Lily Mine: Fred Arendse, CEO, Siyakhula Sonke Empowerment Corp (SSC Group) Mooiplats: Louis Loubser, CEO, Mooiplats Colliery Theta Gold Mines: George Jenkins, CEO, Stonewall Resources/Theta Gold Mines

15h00 Session Five Lessons from the Legends! Hear some of the unique experiences and top tips for success from some of the renowned legends in the business!15h00 Legend 1: Prof. Mike de Wit, Consulting Geologist, Majimba Consulting (former Exploration Manager Africa, De Beers) In the world of diamonds, the Big and the Beautiful: size does matter!

15h20 Legend 2: Alan Smith, CEO, Blvoor Gold A lifetime of mining

15h40 Afternoon refreshments

16h10 Legend 3: Vuslat Bayoglu, Managing Director, Menar How to take a junior and turn it into a successful mid-tier company

16h30 Junior mining and exploration in Ecuador Ambassador Cordova, Embassy of Ecuador

16h50 Session Six Mythbusters! Hear some of the prevailing industry myths being argued (for and against) by respected industry figures, both insightful and controversial: i) The Xolobeni ruling means the beginning of the end of mining in South Africa! Hulme Scholes, Director, Malan Scholes Inc. ii) Mining Charter III is a ‘set up’ between the large mining companies and the Government! Lili Nupen, Founder/Director, Nupen Staude de Vries iii) Illegal mining is the only profitable mining sector in SA! Pontsho Ledwaba, Lecturer, School of Mining Engineering, Wits University iv) SA’s equity markets are fit for purpose and stand ready to support a renaissance in SA junior mining Paul Miller, Managing Director, CCP 12J Fund v) Coal is dead! Mike Teke, CEO, Seriti Resources

17h20 “Tjop en dop” – a typical South African braai, drinks and networking

19h00 End of Day One

08h00 Registration

09h00 Chairman’s Opening Remarks Bernard Swanepoel

09h10 Session One Commodities: what’s hot and what’s not? • What is the current outlook for commodities and how does this affect SA? • Which commodities are currently the flavour of the month? • What macroeconomic developments are currently impacting commodity prices? • Where does SA sit in relation to the global commodities market? How exposed is the local economy to fluctuating commodity prices? • How are our exports affected? Thabang Thlaku, Mining and Commodities Analyst, Standard Bank Group Securities

09h30 Strategic metals: Where is demand coming from and what are the implications for juniors? • Which metals are currently most in demand and which will be needed for the future? • What are the market/supply chain trends driving this demand? • Battery metals: which metals are going to be used in batteries in the future – is it just about lithium-ion? • How can junior mining companies benefit from these trends? • Can junior miners keep up with the increasing demand for battery and other strategic metals? • How can juniors match their strategic metals projects with the right resources and financing? Moderator: Thabile Makgala, Executive: Mining, Impala Platinum; Chairperson, Women in Mining SA (WiMSA) Panellists: Gerick Mouton, Senior Vice President, Ivanplats Sam Hosack, Managing Director, Prospect Resources Thabang Thlaku, Mining and Commodities Analyst, Standard Bank Group Securities Madelein Todd, Chief Marketing Officer, Manganese Metal Company (MMC)

10h00 Session Two Showcasing junior mining companies, projects and investment opportunities

10h00-10h15 We need more palladium! Gerick Mouton, Vice President & Executive Head: Capital Projects, Ivanhoe Mines 10h15-10h30 Alphamin Resources Boris Kamstra, CEO, Alphamin Resources

10h30-10h45 Lemur Holdings Prince Nyati, CEO, Lemur Holdings

10h45 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

11h00 Morning Refreshments

11h30-11h45 White Rivers Exploration Refilwe Monageng, Executive Director, White Rivers Exploration

11h45-12h00 Pan African Resources Cobus Loots, CEO, Pan African Resources

12h00-12h15 Walkabout Resources Allan Mulligan, Executive Director, Walkabout Resources 12h15 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

12h30 Session Three Where’s the money? Funding for juniors.

• How has the situation changed in terms of juniors gaining access to funding? • What alternative funding options are available when access to traditional financing is not? • Which juniors have been successful in obtaining funding and how? • How can juniors better present their projects to investors and funders? • SA’s retail investor market: how can this work for the junior sector? • What is required to have dynamic public capital markets to increase access to funds? • What are the latest developments regarding the IDC exploration fund for juniors? Moderator: James Campbell, Managing Director, Botswana Diamonds Panellists: Dr Mike Seeger, Director, MX Mining Capital Advisors Kevin Hodges, Industry Development Champion, Basic Metals & Mining, IDC Olebogeng Sentsho, CEO, Simba Mgodi Fund Sascha Keen, Director, Noah’s Rule

13h00 Lunch and Networking

14h00 Session Four Showcasing junior mining companies, projects and investment opportunities

14h00-14h15 Orion’s Prieska - resurrection and alchemy at work Errol Smart, Managing Director & CEO, Orion Minerals

14h15-14h30 Maxima Silica Bruce Stride, Managing Director, Maxima Silica

14h30-14h45 Iron ore product demand shift – understanding China’s desire for higher quality products Andrew Trahar, Corporate Development and Investor Relations Manager, Zanaga Iron Ore

14h45-15h00 Bauba: Telling a new story about mining Aviona Mabaso, Group Legal Counsel, Bauba Platinum

15h00-15h15 Arcadia: a game-changing lithium project Sam Hosack, Managing Director, Prospect Resources

15h15 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

15h30 Afternoon Refreshments

16h00 Session Five What works and what doesn’t? Operating models for juniors • What business models are juniors typically adopting? What are the pros and cons of using contract miners? • What operational challenges are juniors facing – skills shortages, liaising with the DMR, obtaining permits, etc.? • How do juniors deal with organised labour? • How can juniors improve their operational processes when their funds are limited? • What ESG issues are most problematic for juniors? Which partners can they work with to give them an advantage in terms of governance, environmental compliance and social impact? • How can juniors take advantage of digitization in mining? Can they afford it? Moderator: Denver Dreyer, CEO, Worley Panellists: Cecilia Jofré, Chief Sales Officer & Director, IsoMetrix Sifiso Nkosi, Executive Chairperson, Ntuthuko Exploration & Mining Val Coetzee, SVP Process and Project Development, DRA Global Lloyd Christie, Director, Mining and Environment Law, ENSafrica

16h45 Chairman’s Closing Remarks and end of conference

Programme Please continue to refer to our website for updateshttp://www.juniorindaba.com

Created by Resources for Africa Investment Conferences in association with THINKspiration. The organisers reserve the right to alter the programme, timings and speakers. Copyright © Resources for Africa Investment Conferences (Pty) Ltd

Conference Day One: Tuesday 4th June 201908h00 Registration

09h00 Chairman’s welcome Bernard Swanepoel

09h15 Ministerial Keynote Address Reviving the Junior Mining sector Honourable Minister Gwede Mantashe (MP), Department of Mineral Resources and Energy

09h45 Keynote Address: Showcasing a true South African junior mining success story Andries van Heerden, CEO, Afrimat

10h00 Session One Mining Charter III (MCIII): the beginning or the end for junior mining? • What are the implications of Mining Charter III (MCIII) and SA’s mining policy for the junior mining sector? • What is the definition of a junior mining company as per MCIII? • Has the waiver of BEE requirements for prospecting rights in SA impacted the number of applications? How are the regional DMR

offices implementing this change in policy? • Besides the BEE waiver for prospecting rights, how does the Charter assist the junior mining sector? • What more needs to be done in terms of mining policy and legislation to assist junior miners? Is the 30% BEE requirement for mining companies acceptable or realistic for juniors? Does this impact their ability to raise funds? • What are the implications of the Xolobeni ruling and the role of communities in deciding the granting of prospecting/mining rights for junior mining? Panellists: Adv. Thabo Mokoena, Director General, Department of Mineral Resources Tebello Chabana, Senior Executive Public Affairs and Transformation, Minerals Council South Africa Peter Leon, Partner, Herbert Smith & Freehills Lindiwe Nakedi, Owner & Managing Director, Gubhani Exploration

10h45 Session Two Botswana: a role model for junior mining Charles Siwawa, CEO, Botswana Chamber of Mines

11h00 Morning Refreshments

11h30 Achieving a thriving exploration and junior mining sector • What is the current state of play? • What does a world-class, thriving junior mining and exploration sector look like? • Number of prospecting right applications? Current conversion rate from prospecting to mining rights? How can we close the gap between exploration and mining? • What happens to the prospecting rights that are not being converted? Is the ‘use it or lose it’ principle being applied? • How do we improve access to primary exploration data? • Can the recent investment of R20 billion over 10 years in the Council for Geoscience galvanize exploration in SA? • Botswana, Namibia, Canada, Australia? How has mapping positively impacted exploration investment in these countries? Moderator: Michal Kotze, Head of Mining, PwC Panellists: Errol Smart, Managing Director & CEO, Orion Minerals William (Bill) Witham, CEO, Australia-Africa Minerals and Energy Group Mosa Mabuza, CEO, Council for Geoscience Dr Gargi Mishra, Industry Innovation Senior Principal – Mining, Accenture Conor McFadden, Tax Partner, Fasken

12h15 Session Three Junior coal mining: who, what and where? • What percentage are junior coal miners contributing to the total output of coal in the SADC region?

• What markets are they serving and what is the outlook for demand in the short and longer-term? • What are the latest developments in terms of signing agreements with Eskom? Has the situation improved? • What other opportunities exist within the SADC region given the huge power deficit? • Who is investing in junior coal projects and how might this change as environmental protections become stricter and interest in renewable energy sources increases? • What other challenges do junior coal miners face and how are they addressing them? Moderator: Xavier Marcel Prévost, Senior Coal Analyst, XMP Consulting Panellists: Morne du Plessis, CFO, Minergy Coal Andre Boje, CEO, Minergy Jacques Badenhorst, CEO, Maatla Energy Limited Waheed Sulaiman, Independent Consultant Dr Sakhile Ngcobo, Director, Sibambene Coal Ayanda Bam, Executive Chairman, Kuyasa Mining

13h00 Lunch and Networking

14h00 Session Four Turning around a junior mine: What does it take? What does it take to turn around an abandoned mine or resuscitate a non-operational junior mining project? This session will focus on resuscitated projects which were previously closed or abandoned and now turned around, operating successfully and generating revenues. Moderator: Mitford Mundell, Independent Business Coach & Partner, Drivatic Panellists: Lily Mine: Fred Arendse, CEO, Siyakhula Sonke Empowerment Corp (SSC Group) Mooiplats: Louis Loubser, CEO, Mooiplats Colliery Theta Gold Mines: George Jenkins, CEO, Stonewall Resources/Theta Gold Mines

15h00 Session Five Lessons from the Legends! Hear some of the unique experiences and top tips for success from some of the renowned legends in the business!15h00 Legend 1: Prof. Mike de Wit, Consulting Geologist, Majimba Consulting (former Exploration Manager Africa, De Beers) In the world of diamonds, the Big and the Beautiful: size does matter!

15h20 Legend 2: Alan Smith, CEO, Blvoor Gold A lifetime of mining

15h40 Afternoon refreshments

16h10 Legend 3: Vuslat Bayoglu, Managing Director, Menar How to take a junior and turn it into a successful mid-tier company

16h30 Junior mining and exploration in Ecuador Ambassador Cordova, Embassy of Ecuador

16h50 Session Six Mythbusters! Hear some of the prevailing industry myths being argued (for and against) by respected industry figures, both insightful and controversial: i) The Xolobeni ruling means the beginning of the end of mining in South Africa! Hulme Scholes, Director, Malan Scholes Inc. ii) Mining Charter III is a ‘set up’ between the large mining companies and the Government! Lili Nupen, Founder/Director, Nupen Staude de Vries iii) Illegal mining is the only profitable mining sector in SA! Pontsho Ledwaba, Lecturer, School of Mining Engineering, Wits University iv) SA’s equity markets are fit for purpose and stand ready to support a renaissance in SA junior mining Paul Miller, Managing Director, CCP 12J Fund v) Coal is dead! Mike Teke, CEO, Seriti Resources

17h20 “Tjop en dop” – a typical South African braai, drinks and networking

19h00 End of Day One

08h00 Registration

09h00 Chairman’s Opening Remarks Bernard Swanepoel

09h10 Session One Commodities: what’s hot and what’s not? • What is the current outlook for commodities and how does this affect SA? • Which commodities are currently the flavour of the month? • What macroeconomic developments are currently impacting commodity prices? • Where does SA sit in relation to the global commodities market? How exposed is the local economy to fluctuating commodity prices? • How are our exports affected? Thabang Thlaku, Mining and Commodities Analyst, Standard Bank Group Securities

09h30 Strategic metals: Where is demand coming from and what are the implications for juniors? • Which metals are currently most in demand and which will be needed for the future? • What are the market/supply chain trends driving this demand? • Battery metals: which metals are going to be used in batteries in the future – is it just about lithium-ion? • How can junior mining companies benefit from these trends? • Can junior miners keep up with the increasing demand for battery and other strategic metals? • How can juniors match their strategic metals projects with the right resources and financing? Moderator: Thabile Makgala, Executive: Mining, Impala Platinum; Chairperson, Women in Mining SA (WiMSA) Panellists: Gerick Mouton, Senior Vice President, Ivanplats Sam Hosack, Managing Director, Prospect Resources Thabang Thlaku, Mining and Commodities Analyst, Standard Bank Group Securities Madelein Todd, Chief Marketing Officer, Manganese Metal Company (MMC)

10h00 Session Two Showcasing junior mining companies, projects and investment opportunities

10h00-10h15 We need more palladium! Gerick Mouton, Vice President & Executive Head: Capital Projects, Ivanhoe Mines 10h15-10h30 Alphamin Resources Boris Kamstra, CEO, Alphamin Resources

10h30-10h45 Lemur Holdings Prince Nyati, CEO, Lemur Holdings

10h45 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

11h00 Morning Refreshments

11h30-11h45 White Rivers Exploration Refilwe Monageng, Executive Director, White Rivers Exploration

11h45-12h00 Pan African Resources Cobus Loots, CEO, Pan African Resources

12h00-12h15 Walkabout Resources Allan Mulligan, Executive Director, Walkabout Resources 12h15 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

12h30 Session Three Where’s the money? Funding for juniors.

• How has the situation changed in terms of juniors gaining access to funding? • What alternative funding options are available when access to traditional financing is not? • Which juniors have been successful in obtaining funding and how? • How can juniors better present their projects to investors and funders? • SA’s retail investor market: how can this work for the junior sector? • What is required to have dynamic public capital markets to increase access to funds? • What are the latest developments regarding the IDC exploration fund for juniors? Moderator: James Campbell, Managing Director, Botswana Diamonds Panellists: Dr Mike Seeger, Director, MX Mining Capital Advisors Kevin Hodges, Industry Development Champion, Basic Metals & Mining, IDC Olebogeng Sentsho, CEO, Simba Mgodi Fund Sascha Keen, Director, Noah’s Rule

13h00 Lunch and Networking

14h00 Session Four Showcasing junior mining companies, projects and investment opportunities

14h00-14h15 Orion’s Prieska - resurrection and alchemy at work Errol Smart, Managing Director & CEO, Orion Minerals

14h15-14h30 Maxima Silica Bruce Stride, Managing Director, Maxima Silica

14h30-14h45 Iron ore product demand shift – understanding China’s desire for higher quality products Andrew Trahar, Corporate Development and Investor Relations Manager, Zanaga Iron Ore

14h45-15h00 Bauba: Telling a new story about mining Aviona Mabaso, Group Legal Counsel, Bauba Platinum

15h00-15h15 Arcadia: a game-changing lithium project Sam Hosack, Managing Director, Prospect Resources

15h15 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

15h30 Afternoon Refreshments

16h00 Session Five What works and what doesn’t? Operating models for juniors • What business models are juniors typically adopting? What are the pros and cons of using contract miners? • What operational challenges are juniors facing – skills shortages, liaising with the DMR, obtaining permits, etc.? • How do juniors deal with organised labour? • How can juniors improve their operational processes when their funds are limited? • What ESG issues are most problematic for juniors? Which partners can they work with to give them an advantage in terms of governance, environmental compliance and social impact? • How can juniors take advantage of digitization in mining? Can they afford it? Moderator: Denver Dreyer, CEO, Worley Panellists: Cecilia Jofré, Chief Sales Officer & Director, IsoMetrix Sifiso Nkosi, Executive Chairperson, Ntuthuko Exploration & Mining Val Coetzee, SVP Process and Project Development, DRA Global Lloyd Christie, Director, Mining and Environment Law, ENSafrica

16h45 Chairman’s Closing Remarks and end of conference

2019 JUNIOR INDABA4 -5 June 2019

The Country Club Johannesburg,Auckland Park

www.juniorindaba.com

ProgrammePlease continue to refer to our website for updateshttp://www.juniorindaba.com

08h00 Registration

09h00 Chairman’s welcome Bernard Swanepoel

09h15 Ministerial Keynote Address Reviving the Junior Mining sector Honourable Minister Gwede Mantashe (MP), Department of Mineral Resources and Energy

09h45 Keynote Address: Showcasing a true South African junior mining success story Andries van Heerden, CEO, Afrimat

10h00 Session One Mining Charter III (MCIII): the beginning or the end for junior mining? • What are the implications of Mining Charter III (MCIII) and SA’s mining policy for the junior mining sector? • What is the definition of a junior mining company as per MCIII? • Has the waiver of BEE requirements for prospecting rights in SA impacted the number of applications? How are the regional DMR

offices implementing this change in policy? • Besides the BEE waiver for prospecting rights, how does the Charter assist the junior mining sector? • What more needs to be done in terms of mining policy and legislation to assist junior miners? Is the 30% BEE requirement for mining companies acceptable or realistic for juniors? Does this impact their ability to raise funds? • What are the implications of the Xolobeni ruling and the role of communities in deciding the granting of prospecting/mining rights for junior mining? Panellists: Adv. Thabo Mokoena, Director General, Department of Mineral Resources Tebello Chabana, Senior Executive Public Affairs and Transformation, Minerals Council South Africa Peter Leon, Partner, Herbert Smith & Freehills Lindiwe Nakedi, Owner & Managing Director, Gubhani Exploration

10h45 Session Two Botswana: a role model for junior mining Charles Siwawa, CEO, Botswana Chamber of Mines

11h00 Morning Refreshments

11h30 Achieving a thriving exploration and junior mining sector • What is the current state of play? • What does a world-class, thriving junior mining and exploration sector look like? • Number of prospecting right applications? Current conversion rate from prospecting to mining rights? How can we close the gap between exploration and mining? • What happens to the prospecting rights that are not being converted? Is the ‘use it or lose it’ principle being applied? • How do we improve access to primary exploration data? • Can the recent investment of R20 billion over 10 years in the Council for Geoscience galvanize exploration in SA? • Botswana, Namibia, Canada, Australia? How has mapping positively impacted exploration investment in these countries? Moderator: Michal Kotze, Head of Mining, PwC Panellists: Errol Smart, Managing Director & CEO, Orion Minerals William (Bill) Witham, CEO, Australia-Africa Minerals and Energy Group Mosa Mabuza, CEO, Council for Geoscience Dr Gargi Mishra, Industry Innovation Senior Principal – Mining, Accenture Conor McFadden, Tax Partner, Fasken

12h15 Session Three Junior coal mining: who, what and where? • What percentage are junior coal miners contributing to the total output of coal in the SADC region?

• What markets are they serving and what is the outlook for demand in the short and longer-term? • What are the latest developments in terms of signing agreements with Eskom? Has the situation improved? • What other opportunities exist within the SADC region given the huge power deficit? • Who is investing in junior coal projects and how might this change as environmental protections become stricter and interest in renewable energy sources increases? • What other challenges do junior coal miners face and how are they addressing them? Moderator: Xavier Marcel Prévost, Senior Coal Analyst, XMP Consulting Panellists: Morne du Plessis, CFO, Minergy Coal Andre Boje, CEO, Minergy Jacques Badenhorst, CEO, Maatla Energy Limited Waheed Sulaiman, Independent Consultant Dr Sakhile Ngcobo, Director, Sibambene Coal Ayanda Bam, Executive Chairman, Kuyasa Mining

13h00 Lunch and Networking

14h00 Session Four Turning around a junior mine: What does it take? What does it take to turn around an abandoned mine or resuscitate a non-operational junior mining project? This session will focus on resuscitated projects which were previously closed or abandoned and now turned around, operating successfully and generating revenues. Moderator: Mitford Mundell, Independent Business Coach & Partner, Drivatic Panellists: Lily Mine: Fred Arendse, CEO, Siyakhula Sonke Empowerment Corp (SSC Group) Mooiplats: Louis Loubser, CEO, Mooiplats Colliery Theta Gold Mines: George Jenkins, CEO, Stonewall Resources/Theta Gold Mines

15h00 Session Five Lessons from the Legends! Hear some of the unique experiences and top tips for success from some of the renowned legends in the business!15h00 Legend 1: Prof. Mike de Wit, Consulting Geologist, Majimba Consulting (former Exploration Manager Africa, De Beers) In the world of diamonds, the Big and the Beautiful: size does matter!

15h20 Legend 2: Alan Smith, CEO, Blvoor Gold A lifetime of mining

15h40 Afternoon refreshments

16h10 Legend 3: Vuslat Bayoglu, Managing Director, Menar How to take a junior and turn it into a successful mid-tier company

16h30 Junior mining and exploration in Ecuador Ambassador Cordova, Embassy of Ecuador

16h50 Session Six Mythbusters! Hear some of the prevailing industry myths being argued (for and against) by respected industry figures, both insightful and controversial: i) The Xolobeni ruling means the beginning of the end of mining in South Africa! Hulme Scholes, Director, Malan Scholes Inc. ii) Mining Charter III is a ‘set up’ between the large mining companies and the Government! Lili Nupen, Founder/Director, Nupen Staude de Vries iii) Illegal mining is the only profitable mining sector in SA! Pontsho Ledwaba, Lecturer, School of Mining Engineering, Wits University iv) SA’s equity markets are fit for purpose and stand ready to support a renaissance in SA junior mining Paul Miller, Managing Director, CCP 12J Fund v) Coal is dead! Mike Teke, CEO, Seriti Resources

17h20 “Tjop en dop” – a typical South African braai, drinks and networking

19h00 End of Day One

Created by Resources for Africa Investment Conferences in association with THINKspiration. The organisers reserve the right to alter the programme, timings and speakers. Copyright © Resources for Africa Investment Conferences (Pty) Ltd

08h00 Registration

09h00 Chairman’s Opening Remarks Bernard Swanepoel

09h10 Session One Commodities: what’s hot and what’s not? • What is the current outlook for commodities and how does this affect SA? • Which commodities are currently the flavour of the month? • What macroeconomic developments are currently impacting commodity prices? • Where does SA sit in relation to the global commodities market? How exposed is the local economy to fluctuating commodity prices? • How are our exports affected? Thabang Thlaku, Mining and Commodities Analyst, Standard Bank Group Securities

09h30 Strategic metals: Where is demand coming from and what are the implications for juniors? • Which metals are currently most in demand and which will be needed for the future? • What are the market/supply chain trends driving this demand? • Battery metals: which metals are going to be used in batteries in the future – is it just about lithium-ion? • How can junior mining companies benefit from these trends? • Can junior miners keep up with the increasing demand for battery and other strategic metals? • How can juniors match their strategic metals projects with the right resources and financing? Moderator: Thabile Makgala, Executive: Mining, Impala Platinum; Chairperson, Women in Mining SA (WiMSA) Panellists: Gerick Mouton, Senior Vice President, Ivanplats Sam Hosack, Managing Director, Prospect Resources Thabang Thlaku, Mining and Commodities Analyst, Standard Bank Group Securities Madelein Todd, Chief Marketing Officer, Manganese Metal Company (MMC)

10h00 Session Two Showcasing junior mining companies, projects and investment opportunities

10h00-10h15 We need more palladium! Gerick Mouton, Vice President & Executive Head: Capital Projects, Ivanhoe Mines 10h15-10h30 Alphamin Resources Boris Kamstra, CEO, Alphamin Resources

10h30-10h45 Lemur Holdings Prince Nyati, CEO, Lemur Holdings

10h45 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

11h00 Morning Refreshments

11h30-11h45 White Rivers Exploration Refilwe Monageng, Executive Director, White Rivers Exploration

11h45-12h00 Pan African Resources Cobus Loots, CEO, Pan African Resources

12h00-12h15 Walkabout Resources Allan Mulligan, Executive Director, Walkabout Resources 12h15 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

12h30 Session Three Where’s the money? Funding for juniors.

• How has the situation changed in terms of juniors gaining access to funding? • What alternative funding options are available when access to traditional financing is not? • Which juniors have been successful in obtaining funding and how? • How can juniors better present their projects to investors and funders? • SA’s retail investor market: how can this work for the junior sector? • What is required to have dynamic public capital markets to increase access to funds? • What are the latest developments regarding the IDC exploration fund for juniors? Moderator: James Campbell, Managing Director, Botswana Diamonds Panellists: Dr Mike Seeger, Director, MX Mining Capital Advisors Kevin Hodges, Industry Development Champion, Basic Metals & Mining, IDC Olebogeng Sentsho, CEO, Simba Mgodi Fund Sascha Keen, Director, Noah’s Rule

13h00 Lunch and Networking

14h00 Session Four Showcasing junior mining companies, projects and investment opportunities

14h00-14h15 Orion’s Prieska - resurrection and alchemy at work Errol Smart, Managing Director & CEO, Orion Minerals

14h15-14h30 Maxima Silica Bruce Stride, Managing Director, Maxima Silica

14h30-14h45 Iron ore product demand shift – understanding China’s desire for higher quality products Andrew Trahar, Corporate Development and Investor Relations Manager, Zanaga Iron Ore

14h45-15h00 Bauba: Telling a new story about mining Aviona Mabaso, Group Legal Counsel, Bauba Platinum

15h00-15h15 Arcadia: a game-changing lithium project Sam Hosack, Managing Director, Prospect Resources

15h15 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

15h30 Afternoon Refreshments

16h00 Session Five What works and what doesn’t? Operating models for juniors • What business models are juniors typically adopting? What are the pros and cons of using contract miners? • What operational challenges are juniors facing – skills shortages, liaising with the DMR, obtaining permits, etc.? • How do juniors deal with organised labour? • How can juniors improve their operational processes when their funds are limited? • What ESG issues are most problematic for juniors? Which partners can they work with to give them an advantage in terms of governance, environmental compliance and social impact? • How can juniors take advantage of digitization in mining? Can they afford it? Moderator: Denver Dreyer, CEO, Worley Panellists: Cecilia Jofré, Chief Sales Officer & Director, IsoMetrix Sifiso Nkosi, Executive Chairperson, Ntuthuko Exploration & Mining Val Coetzee, SVP Process and Project Development, DRA Global Lloyd Christie, Director, Mining and Environment Law, ENSafrica

16h45 Chairman’s Closing Remarks and end of conference

2019 JUNIOR INDABA4 -5 June 2019

The Country Club Johannesburg,Auckland Park

www.juniorindaba.com

08h00 Registration

09h00 Chairman’s welcome Bernard Swanepoel

09h15 Ministerial Keynote Address Reviving the Junior Mining sector Honourable Minister Gwede Mantashe (MP), Department of Mineral Resources and Energy

09h45 Keynote Address: Showcasing a true South African junior mining success story Andries van Heerden, CEO, Afrimat

10h00 Session One Mining Charter III (MCIII): the beginning or the end for junior mining? • What are the implications of Mining Charter III (MCIII) and SA’s mining policy for the junior mining sector? • What is the definition of a junior mining company as per MCIII? • Has the waiver of BEE requirements for prospecting rights in SA impacted the number of applications? How are the regional DMR

offices implementing this change in policy? • Besides the BEE waiver for prospecting rights, how does the Charter assist the junior mining sector? • What more needs to be done in terms of mining policy and legislation to assist junior miners? Is the 30% BEE requirement for mining companies acceptable or realistic for juniors? Does this impact their ability to raise funds? • What are the implications of the Xolobeni ruling and the role of communities in deciding the granting of prospecting/mining rights for junior mining? Panellists: Adv. Thabo Mokoena, Director General, Department of Mineral Resources Tebello Chabana, Senior Executive Public Affairs and Transformation, Minerals Council South Africa Peter Leon, Partner, Herbert Smith & Freehills Lindiwe Nakedi, Owner & Managing Director, Gubhani Exploration

10h45 Session Two Botswana: a role model for junior mining Charles Siwawa, CEO, Botswana Chamber of Mines

11h00 Morning Refreshments

11h30 Achieving a thriving exploration and junior mining sector • What is the current state of play? • What does a world-class, thriving junior mining and exploration sector look like? • Number of prospecting right applications? Current conversion rate from prospecting to mining rights? How can we close the gap between exploration and mining? • What happens to the prospecting rights that are not being converted? Is the ‘use it or lose it’ principle being applied? • How do we improve access to primary exploration data? • Can the recent investment of R20 billion over 10 years in the Council for Geoscience galvanize exploration in SA? • Botswana, Namibia, Canada, Australia? How has mapping positively impacted exploration investment in these countries? Moderator: Michal Kotze, Head of Mining, PwC Panellists: Errol Smart, Managing Director & CEO, Orion Minerals William (Bill) Witham, CEO, Australia-Africa Minerals and Energy Group Mosa Mabuza, CEO, Council for Geoscience Dr Gargi Mishra, Industry Innovation Senior Principal – Mining, Accenture Conor McFadden, Tax Partner, Fasken

12h15 Session Three Junior coal mining: who, what and where? • What percentage are junior coal miners contributing to the total output of coal in the SADC region?

• What markets are they serving and what is the outlook for demand in the short and longer-term? • What are the latest developments in terms of signing agreements with Eskom? Has the situation improved? • What other opportunities exist within the SADC region given the huge power deficit? • Who is investing in junior coal projects and how might this change as environmental protections become stricter and interest in renewable energy sources increases? • What other challenges do junior coal miners face and how are they addressing them? Moderator: Xavier Marcel Prévost, Senior Coal Analyst, XMP Consulting Panellists: Morne du Plessis, CFO, Minergy Coal Andre Boje, CEO, Minergy Jacques Badenhorst, CEO, Maatla Energy Limited Waheed Sulaiman, Independent Consultant Dr Sakhile Ngcobo, Director, Sibambene Coal Ayanda Bam, Executive Chairman, Kuyasa Mining

13h00 Lunch and Networking

14h00 Session Four Turning around a junior mine: What does it take? What does it take to turn around an abandoned mine or resuscitate a non-operational junior mining project? This session will focus on resuscitated projects which were previously closed or abandoned and now turned around, operating successfully and generating revenues. Moderator: Mitford Mundell, Independent Business Coach & Partner, Drivatic Panellists: Lily Mine: Fred Arendse, CEO, Siyakhula Sonke Empowerment Corp (SSC Group) Mooiplats: Louis Loubser, CEO, Mooiplats Colliery Theta Gold Mines: George Jenkins, CEO, Stonewall Resources/Theta Gold Mines

15h00 Session Five Lessons from the Legends! Hear some of the unique experiences and top tips for success from some of the renowned legends in the business!15h00 Legend 1: Prof. Mike de Wit, Consulting Geologist, Majimba Consulting (former Exploration Manager Africa, De Beers) In the world of diamonds, the Big and the Beautiful: size does matter!

15h20 Legend 2: Alan Smith, CEO, Blvoor Gold A lifetime of mining

15h40 Afternoon refreshments

16h10 Legend 3: Vuslat Bayoglu, Managing Director, Menar How to take a junior and turn it into a successful mid-tier company

16h30 Junior mining and exploration in Ecuador Ambassador Cordova, Embassy of Ecuador

16h50 Session Six Mythbusters! Hear some of the prevailing industry myths being argued (for and against) by respected industry figures, both insightful and controversial: i) The Xolobeni ruling means the beginning of the end of mining in South Africa! Hulme Scholes, Director, Malan Scholes Inc. ii) Mining Charter III is a ‘set up’ between the large mining companies and the Government! Lili Nupen, Founder/Director, Nupen Staude de Vries iii) Illegal mining is the only profitable mining sector in SA! Pontsho Ledwaba, Lecturer, School of Mining Engineering, Wits University iv) SA’s equity markets are fit for purpose and stand ready to support a renaissance in SA junior mining Paul Miller, Managing Director, CCP 12J Fund v) Coal is dead! Mike Teke, CEO, Seriti Resources

17h20 “Tjop en dop” – a typical South African braai, drinks and networking

19h00 End of Day One

ProgrammePlease continue to refer to our website for updateshttp://www.juniorindaba.com

Conference Day Two: Wednesday 5th June 2019

Created by Resources for Africa Investment Conferences in association with THINKspiration. The organisers reserve the right to alter the programme, timings and speakers. Copyright © Resources for Africa Investment Conferences (Pty) Ltd

08h00 Registration

09h00 Chairman’s Opening Remarks Bernard Swanepoel

09h10 Session One Commodities: what’s hot and what’s not? • What is the current outlook for commodities and how does this affect SA? • Which commodities are currently the flavour of the month? • What macroeconomic developments are currently impacting commodity prices? • Where does SA sit in relation to the global commodities market? How exposed is the local economy to fluctuating commodity prices? • How are our exports affected? Thabang Thlaku, Mining and Commodities Analyst, Standard Bank Group Securities

09h30 Strategic metals: Where is demand coming from and what are the implications for juniors? • Which metals are currently most in demand and which will be needed for the future? • What are the market/supply chain trends driving this demand? • Battery metals: which metals are going to be used in batteries in the future – is it just about lithium-ion? • How can junior mining companies benefit from these trends? • Can junior miners keep up with the increasing demand for battery and other strategic metals? • How can juniors match their strategic metals projects with the right resources and financing? Moderator: Thabile Makgala, Executive: Mining, Impala Platinum; Chairperson, Women in Mining SA (WiMSA) Panellists: Gerick Mouton, Senior Vice President, Ivanplats Sam Hosack, Managing Director, Prospect Resources Thabang Thlaku, Mining and Commodities Analyst, Standard Bank Group Securities Madelein Todd, Chief Marketing Officer, Manganese Metal Company (MMC)

10h00 Session Two Showcasing junior mining companies, projects and investment opportunities

10h00-10h15 We need more palladium! Gerick Mouton, Vice President & Executive Head: Capital Projects, Ivanhoe Mines 10h15-10h30 Alphamin Resources Boris Kamstra, CEO, Alphamin Resources

10h30-10h45 Lemur Holdings Prince Nyati, CEO, Lemur Holdings

10h45 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

11h00 Morning Refreshments

11h30-11h45 White Rivers Exploration Refilwe Monageng, Executive Director, White Rivers Exploration

11h45-12h00 Pan African Resources Cobus Loots, CEO, Pan African Resources

12h00-12h15 Walkabout Resources Allan Mulligan, Executive Director, Walkabout Resources 12h15 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

12h30 Session Three Where’s the money? Funding for juniors.

• How has the situation changed in terms of juniors gaining access to funding? • What alternative funding options are available when access to traditional financing is not? • Which juniors have been successful in obtaining funding and how? • How can juniors better present their projects to investors and funders? • SA’s retail investor market: how can this work for the junior sector? • What is required to have dynamic public capital markets to increase access to funds? • What are the latest developments regarding the IDC exploration fund for juniors? Moderator: James Campbell, Managing Director, Botswana Diamonds Panellists: Dr Mike Seeger, Director, MX Mining Capital Advisors Kevin Hodges, Industry Development Champion, Basic Metals & Mining, IDC Olebogeng Sentsho, CEO, Simba Mgodi Fund Sascha Keen, Director, Noah’s Rule

13h00 Lunch and Networking

14h00 Session Four Showcasing junior mining companies, projects and investment opportunities

14h00-14h15 Orion’s Prieska - resurrection and alchemy at work Errol Smart, Managing Director & CEO, Orion Minerals

14h15-14h30 Maxima Silica Bruce Stride, Managing Director, Maxima Silica

14h30-14h45 Iron ore product demand shift – understanding China’s desire for higher quality products Andrew Trahar, Corporate Development and Investor Relations Manager, Zanaga Iron Ore

14h45-15h00 Bauba: Telling a new story about mining Aviona Mabaso, Group Legal Counsel, Bauba Platinum

15h00-15h15 Arcadia: a game-changing lithium project Sam Hosack, Managing Director, Prospect Resources

15h15 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

15h30 Afternoon Refreshments

16h00 Session Five What works and what doesn’t? Operating models for juniors • What business models are juniors typically adopting? What are the pros and cons of using contract miners? • What operational challenges are juniors facing – skills shortages, liaising with the DMR, obtaining permits, etc.? • How do juniors deal with organised labour? • How can juniors improve their operational processes when their funds are limited? • What ESG issues are most problematic for juniors? Which partners can they work with to give them an advantage in terms of governance, environmental compliance and social impact? • How can juniors take advantage of digitization in mining? Can they afford it? Moderator: Denver Dreyer, CEO, Worley Panellists: Cecilia Jofré, Chief Sales Officer & Director, IsoMetrix Sifiso Nkosi, Executive Chairperson, Ntuthuko Exploration & Mining Val Coetzee, SVP Process and Project Development, DRA Global Lloyd Christie, Director, Mining and Environment Law, ENSafrica

16h45 Chairman’s Closing Remarks and end of conference

2019 JUNIOR INDABA4 -5 June 2019

The Country Club Johannesburg,Auckland Park

www.juniorindaba.com

08h00 Registration

09h00 Chairman’s welcome Bernard Swanepoel

09h15 Ministerial Keynote Address Reviving the Junior Mining sector Honourable Minister Gwede Mantashe (MP), Department of Mineral Resources and Energy

09h45 Keynote Address: Showcasing a true South African junior mining success story Andries van Heerden, CEO, Afrimat

10h00 Session One Mining Charter III (MCIII): the beginning or the end for junior mining? • What are the implications of Mining Charter III (MCIII) and SA’s mining policy for the junior mining sector? • What is the definition of a junior mining company as per MCIII? • Has the waiver of BEE requirements for prospecting rights in SA impacted the number of applications? How are the regional DMR

offices implementing this change in policy? • Besides the BEE waiver for prospecting rights, how does the Charter assist the junior mining sector? • What more needs to be done in terms of mining policy and legislation to assist junior miners? Is the 30% BEE requirement for mining companies acceptable or realistic for juniors? Does this impact their ability to raise funds? • What are the implications of the Xolobeni ruling and the role of communities in deciding the granting of prospecting/mining rights for junior mining? Panellists: Adv. Thabo Mokoena, Director General, Department of Mineral Resources Tebello Chabana, Senior Executive Public Affairs and Transformation, Minerals Council South Africa Peter Leon, Partner, Herbert Smith & Freehills Lindiwe Nakedi, Owner & Managing Director, Gubhani Exploration

10h45 Session Two Botswana: a role model for junior mining Charles Siwawa, CEO, Botswana Chamber of Mines

11h00 Morning Refreshments

11h30 Achieving a thriving exploration and junior mining sector • What is the current state of play? • What does a world-class, thriving junior mining and exploration sector look like? • Number of prospecting right applications? Current conversion rate from prospecting to mining rights? How can we close the gap between exploration and mining? • What happens to the prospecting rights that are not being converted? Is the ‘use it or lose it’ principle being applied? • How do we improve access to primary exploration data? • Can the recent investment of R20 billion over 10 years in the Council for Geoscience galvanize exploration in SA? • Botswana, Namibia, Canada, Australia? How has mapping positively impacted exploration investment in these countries? Moderator: Michal Kotze, Head of Mining, PwC Panellists: Errol Smart, Managing Director & CEO, Orion Minerals William (Bill) Witham, CEO, Australia-Africa Minerals and Energy Group Mosa Mabuza, CEO, Council for Geoscience Dr Gargi Mishra, Industry Innovation Senior Principal – Mining, Accenture Conor McFadden, Tax Partner, Fasken

12h15 Session Three Junior coal mining: who, what and where? • What percentage are junior coal miners contributing to the total output of coal in the SADC region?

• What markets are they serving and what is the outlook for demand in the short and longer-term? • What are the latest developments in terms of signing agreements with Eskom? Has the situation improved? • What other opportunities exist within the SADC region given the huge power deficit? • Who is investing in junior coal projects and how might this change as environmental protections become stricter and interest in renewable energy sources increases? • What other challenges do junior coal miners face and how are they addressing them? Moderator: Xavier Marcel Prévost, Senior Coal Analyst, XMP Consulting Panellists: Morne du Plessis, CFO, Minergy Coal Andre Boje, CEO, Minergy Jacques Badenhorst, CEO, Maatla Energy Limited Waheed Sulaiman, Independent Consultant Dr Sakhile Ngcobo, Director, Sibambene Coal Ayanda Bam, Executive Chairman, Kuyasa Mining

13h00 Lunch and Networking

14h00 Session Four Turning around a junior mine: What does it take? What does it take to turn around an abandoned mine or resuscitate a non-operational junior mining project? This session will focus on resuscitated projects which were previously closed or abandoned and now turned around, operating successfully and generating revenues. Moderator: Mitford Mundell, Independent Business Coach & Partner, Drivatic Panellists: Lily Mine: Fred Arendse, CEO, Siyakhula Sonke Empowerment Corp (SSC Group) Mooiplats: Louis Loubser, CEO, Mooiplats Colliery Theta Gold Mines: George Jenkins, CEO, Stonewall Resources/Theta Gold Mines

15h00 Session Five Lessons from the Legends! Hear some of the unique experiences and top tips for success from some of the renowned legends in the business!15h00 Legend 1: Prof. Mike de Wit, Consulting Geologist, Majimba Consulting (former Exploration Manager Africa, De Beers) In the world of diamonds, the Big and the Beautiful: size does matter!

15h20 Legend 2: Alan Smith, CEO, Blvoor Gold A lifetime of mining

15h40 Afternoon refreshments

16h10 Legend 3: Vuslat Bayoglu, Managing Director, Menar How to take a junior and turn it into a successful mid-tier company

16h30 Junior mining and exploration in Ecuador Ambassador Cordova, Embassy of Ecuador

16h50 Session Six Mythbusters! Hear some of the prevailing industry myths being argued (for and against) by respected industry figures, both insightful and controversial: i) The Xolobeni ruling means the beginning of the end of mining in South Africa! Hulme Scholes, Director, Malan Scholes Inc. ii) Mining Charter III is a ‘set up’ between the large mining companies and the Government! Lili Nupen, Founder/Director, Nupen Staude de Vries iii) Illegal mining is the only profitable mining sector in SA! Pontsho Ledwaba, Lecturer, School of Mining Engineering, Wits University iv) SA’s equity markets are fit for purpose and stand ready to support a renaissance in SA junior mining Paul Miller, Managing Director, CCP 12J Fund v) Coal is dead! Mike Teke, CEO, Seriti Resources

17h20 “Tjop en dop” – a typical South African braai, drinks and networking

19h00 End of Day One

2019 JUNIOR INDABA4 -5 June 2019

The Country Club Johannesburg,Auckland Park

www.juniorindaba.com

ProgrammePlease continue to refer to our website for updateshttp://www.juniorindaba.com

Created by Resources for Africa Investment Conferences in association with THINKspiration. The organisers reserve the right to alter the programme, timings and speakers. Copyright © Resources for Africa Investment Conferences (Pty) Ltd

08h00 Registration

09h00 Chairman’s Opening Remarks Bernard Swanepoel

09h10 Session One Commodities: what’s hot and what’s not? • What is the current outlook for commodities and how does this affect SA? • Which commodities are currently the flavour of the month? • What macroeconomic developments are currently impacting commodity prices? • Where does SA sit in relation to the global commodities market? How exposed is the local economy to fluctuating commodity prices? • How are our exports affected? Thabang Thlaku, Mining and Commodities Analyst, Standard Bank Group Securities

09h30 Strategic metals: Where is demand coming from and what are the implications for juniors? • Which metals are currently most in demand and which will be needed for the future? • What are the market/supply chain trends driving this demand? • Battery metals: which metals are going to be used in batteries in the future – is it just about lithium-ion? • How can junior mining companies benefit from these trends? • Can junior miners keep up with the increasing demand for battery and other strategic metals? • How can juniors match their strategic metals projects with the right resources and financing? Moderator: Thabile Makgala, Executive: Mining, Impala Platinum; Chairperson, Women in Mining SA (WiMSA) Panellists: Gerick Mouton, Senior Vice President, Ivanplats Sam Hosack, Managing Director, Prospect Resources Thabang Thlaku, Mining and Commodities Analyst, Standard Bank Group Securities Madelein Todd, Chief Marketing Officer, Manganese Metal Company (MMC)

10h00 Session Two Showcasing junior mining companies, projects and investment opportunities

10h00-10h15 We need more palladium! Gerick Mouton, Vice President & Executive Head: Capital Projects, Ivanhoe Mines 10h15-10h30 Alphamin Resources Boris Kamstra, CEO, Alphamin Resources

10h30-10h45 Lemur Holdings Prince Nyati, CEO, Lemur Holdings

10h45 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

11h00 Morning Refreshments

11h30-11h45 White Rivers Exploration Refilwe Monageng, Executive Director, White Rivers Exploration

11h45-12h00 Pan African Resources Cobus Loots, CEO, Pan African Resources

12h00-12h15 Walkabout Resources Allan Mulligan, Executive Director, Walkabout Resources 12h15 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

12h30 Session Three Where’s the money? Funding for juniors.

• How has the situation changed in terms of juniors gaining access to funding? • What alternative funding options are available when access to traditional financing is not? • Which juniors have been successful in obtaining funding and how? • How can juniors better present their projects to investors and funders? • SA’s retail investor market: how can this work for the junior sector? • What is required to have dynamic public capital markets to increase access to funds? • What are the latest developments regarding the IDC exploration fund for juniors? Moderator: James Campbell, Managing Director, Botswana Diamonds Panellists: Dr Mike Seeger, Director, MX Mining Capital Advisors Kevin Hodges, Industry Development Champion, Basic Metals & Mining, IDC Olebogeng Sentsho, CEO, Simba Mgodi Fund Sascha Keen, Director, Noah’s Rule

13h00 Lunch and Networking

14h00 Session Four Showcasing junior mining companies, projects and investment opportunities

14h00-14h15 Orion’s Prieska - resurrection and alchemy at work Errol Smart, Managing Director & CEO, Orion Minerals

14h15-14h30 Maxima Silica Bruce Stride, Managing Director, Maxima Silica

14h30-14h45 Iron ore product demand shift – understanding China’s desire for higher quality products Andrew Trahar, Corporate Development and Investor Relations Manager, Zanaga Iron Ore

14h45-15h00 Bauba: Telling a new story about mining Aviona Mabaso, Group Legal Counsel, Bauba Platinum

15h00-15h15 Arcadia: a game-changing lithium project Sam Hosack, Managing Director, Prospect Resources

15h15 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

15h30 Afternoon Refreshments

16h00 Session Five What works and what doesn’t? Operating models for juniors • What business models are juniors typically adopting? What are the pros and cons of using contract miners? • What operational challenges are juniors facing – skills shortages, liaising with the DMR, obtaining permits, etc.? • How do juniors deal with organised labour? • How can juniors improve their operational processes when their funds are limited? • What ESG issues are most problematic for juniors? Which partners can they work with to give them an advantage in terms of governance, environmental compliance and social impact? • How can juniors take advantage of digitization in mining? Can they afford it? Moderator: Denver Dreyer, CEO, Worley Panellists: Cecilia Jofré, Chief Sales Officer & Director, IsoMetrix Sifiso Nkosi, Executive Chairperson, Ntuthuko Exploration & Mining Val Coetzee, SVP Process and Project Development, DRA Global Lloyd Christie, Director, Mining and Environment Law, ENSafrica

16h45 Chairman’s Closing Remarks and end of conference

2019 Junior Indaba Speakers to include....

Created by Resources for Africa Investment Conferences in association with THINKspiration. The organisers reserve the right to alter the programme, timings and speakers. Copyright © Resources for Africa Investment Conferences (Pty) Ltd

Please refer to our website for up to date speaker information: www.juniorindaba.com

08h00 Registration

09h00 Chairman’s welcome Bernard Swanepoel

09h15 Ministerial Keynote Address Reviving the Junior Mining sector Honourable Minister Gwede Mantashe (MP), Department of Mineral Resources and Energy

09h45 Keynote Address: Showcasing a true South African junior mining success story Andries van Heerden, CEO, Afrimat

10h00 Session One Mining Charter III (MCIII): the beginning or the end for junior mining? • What are the implications of Mining Charter III (MCIII) and SA’s mining policy for the junior mining sector? • What is the definition of a junior mining company as per MCIII? • Has the waiver of BEE requirements for prospecting rights in SA impacted the number of applications? How are the regional DMR

offices implementing this change in policy? • Besides the BEE waiver for prospecting rights, how does the Charter assist the junior mining sector? • What more needs to be done in terms of mining policy and legislation to assist junior miners? Is the 30% BEE requirement for mining companies acceptable or realistic for juniors? Does this impact their ability to raise funds? • What are the implications of the Xolobeni ruling and the role of communities in deciding the granting of prospecting/mining rights for junior mining? Panellists: Adv. Thabo Mokoena, Director General, Department of Mineral Resources Tebello Chabana, Senior Executive Public Affairs and Transformation, Minerals Council South Africa Peter Leon, Partner, Herbert Smith & Freehills Lindiwe Nakedi, Owner & Managing Director, Gubhani Exploration

10h45 Session Two Botswana: a role model for junior mining Charles Siwawa, CEO, Botswana Chamber of Mines

11h00 Morning Refreshments

11h30 Achieving a thriving exploration and junior mining sector • What is the current state of play? • What does a world-class, thriving junior mining and exploration sector look like? • Number of prospecting right applications? Current conversion rate from prospecting to mining rights? How can we close the gap between exploration and mining? • What happens to the prospecting rights that are not being converted? Is the ‘use it or lose it’ principle being applied? • How do we improve access to primary exploration data? • Can the recent investment of R20 billion over 10 years in the Council for Geoscience galvanize exploration in SA? • Botswana, Namibia, Canada, Australia? How has mapping positively impacted exploration investment in these countries? Moderator: Michal Kotze, Head of Mining, PwC Panellists: Errol Smart, Managing Director & CEO, Orion Minerals William (Bill) Witham, CEO, Australia-Africa Minerals and Energy Group Mosa Mabuza, CEO, Council for Geoscience Dr Gargi Mishra, Industry Innovation Senior Principal – Mining, Accenture Conor McFadden, Tax Partner, Fasken

12h15 Session Three Junior coal mining: who, what and where? • What percentage are junior coal miners contributing to the total output of coal in the SADC region?

• What markets are they serving and what is the outlook for demand in the short and longer-term? • What are the latest developments in terms of signing agreements with Eskom? Has the situation improved? • What other opportunities exist within the SADC region given the huge power deficit? • Who is investing in junior coal projects and how might this change as environmental protections become stricter and interest in renewable energy sources increases? • What other challenges do junior coal miners face and how are they addressing them? Moderator: Xavier Marcel Prévost, Senior Coal Analyst, XMP Consulting Panellists: Morne du Plessis, CFO, Minergy Coal Andre Boje, CEO, Minergy Jacques Badenhorst, CEO, Maatla Energy Limited Waheed Sulaiman, Independent Consultant Dr Sakhile Ngcobo, Director, Sibambene Coal Ayanda Bam, Executive Chairman, Kuyasa Mining

13h00 Lunch and Networking

14h00 Session Four Turning around a junior mine: What does it take? What does it take to turn around an abandoned mine or resuscitate a non-operational junior mining project? This session will focus on resuscitated projects which were previously closed or abandoned and now turned around, operating successfully and generating revenues. Moderator: Mitford Mundell, Independent Business Coach & Partner, Drivatic Panellists: Lily Mine: Fred Arendse, CEO, Siyakhula Sonke Empowerment Corp (SSC Group) Mooiplats: Louis Loubser, CEO, Mooiplats Colliery Theta Gold Mines: George Jenkins, CEO, Stonewall Resources/Theta Gold Mines

15h00 Session Five Lessons from the Legends! Hear some of the unique experiences and top tips for success from some of the renowned legends in the business!15h00 Legend 1: Prof. Mike de Wit, Consulting Geologist, Majimba Consulting (former Exploration Manager Africa, De Beers) In the world of diamonds, the Big and the Beautiful: size does matter!

15h20 Legend 2: Alan Smith, CEO, Blvoor Gold A lifetime of mining

15h40 Afternoon refreshments

16h10 Legend 3: Vuslat Bayoglu, Managing Director, Menar How to take a junior and turn it into a successful mid-tier company

16h30 Junior mining and exploration in Ecuador Ambassador Cordova, Embassy of Ecuador

16h50 Session Six Mythbusters! Hear some of the prevailing industry myths being argued (for and against) by respected industry figures, both insightful and controversial: i) The Xolobeni ruling means the beginning of the end of mining in South Africa! Hulme Scholes, Director, Malan Scholes Inc. ii) Mining Charter III is a ‘set up’ between the large mining companies and the Government! Lili Nupen, Founder/Director, Nupen Staude de Vries iii) Illegal mining is the only profitable mining sector in SA! Pontsho Ledwaba, Lecturer, School of Mining Engineering, Wits University iv) SA’s equity markets are fit for purpose and stand ready to support a renaissance in SA junior mining Paul Miller, Managing Director, CCP 12J Fund v) Coal is dead! Mike Teke, CEO, Seriti Resources

17h20 “Tjop en dop” – a typical South African braai, drinks and networking

19h00 End of Day One

08h00 Registration

09h00 Chairman’s Opening Remarks Bernard Swanepoel

09h10 Session One Commodities: what’s hot and what’s not? • What is the current outlook for commodities and how does this affect SA? • Which commodities are currently the flavour of the month? • What macroeconomic developments are currently impacting commodity prices? • Where does SA sit in relation to the global commodities market? How exposed is the local economy to fluctuating commodity prices? • How are our exports affected? Thabang Thlaku, Mining and Commodities Analyst, Standard Bank Group Securities

09h30 Strategic metals: Where is demand coming from and what are the implications for juniors? • Which metals are currently most in demand and which will be needed for the future? • What are the market/supply chain trends driving this demand? • Battery metals: which metals are going to be used in batteries in the future – is it just about lithium-ion? • How can junior mining companies benefit from these trends? • Can junior miners keep up with the increasing demand for battery and other strategic metals? • How can juniors match their strategic metals projects with the right resources and financing? Moderator: Thabile Makgala, Executive: Mining, Impala Platinum; Chairperson, Women in Mining SA (WiMSA) Panellists: Gerick Mouton, Senior Vice President, Ivanplats Sam Hosack, Managing Director, Prospect Resources Thabang Thlaku, Mining and Commodities Analyst, Standard Bank Group Securities Madelein Todd, Chief Marketing Officer, Manganese Metal Company (MMC)

10h00 Session Two Showcasing junior mining companies, projects and investment opportunities

10h00-10h15 We need more palladium! Gerick Mouton, Vice President & Executive Head: Capital Projects, Ivanhoe Mines 10h15-10h30 Alphamin Resources Boris Kamstra, CEO, Alphamin Resources

10h30-10h45 Lemur Holdings Prince Nyati, CEO, Lemur Holdings

10h45 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

11h00 Morning Refreshments

11h30-11h45 White Rivers Exploration Refilwe Monageng, Executive Director, White Rivers Exploration

11h45-12h00 Pan African Resources Cobus Loots, CEO, Pan African Resources

12h00-12h15 Walkabout Resources Allan Mulligan, Executive Director, Walkabout Resources 12h15 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

12h30 Session Three Where’s the money? Funding for juniors.

• How has the situation changed in terms of juniors gaining access to funding? • What alternative funding options are available when access to traditional financing is not? • Which juniors have been successful in obtaining funding and how? • How can juniors better present their projects to investors and funders? • SA’s retail investor market: how can this work for the junior sector? • What is required to have dynamic public capital markets to increase access to funds? • What are the latest developments regarding the IDC exploration fund for juniors? Moderator: James Campbell, Managing Director, Botswana Diamonds Panellists: Dr Mike Seeger, Director, MX Mining Capital Advisors Kevin Hodges, Industry Development Champion, Basic Metals & Mining, IDC Olebogeng Sentsho, CEO, Simba Mgodi Fund Sascha Keen, Director, Noah’s Rule

13h00 Lunch and Networking

14h00 Session Four Showcasing junior mining companies, projects and investment opportunities

14h00-14h15 Orion’s Prieska - resurrection and alchemy at work Errol Smart, Managing Director & CEO, Orion Minerals

14h15-14h30 Maxima Silica Bruce Stride, Managing Director, Maxima Silica

14h30-14h45 Iron ore product demand shift – understanding China’s desire for higher quality products Andrew Trahar, Corporate Development and Investor Relations Manager, Zanaga Iron Ore

14h45-15h00 Bauba: Telling a new story about mining Aviona Mabaso, Group Legal Counsel, Bauba Platinum

15h00-15h15 Arcadia: a game-changing lithium project Sam Hosack, Managing Director, Prospect Resources

15h15 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

15h30 Afternoon Refreshments

16h00 Session Five What works and what doesn’t? Operating models for juniors • What business models are juniors typically adopting? What are the pros and cons of using contract miners? • What operational challenges are juniors facing – skills shortages, liaising with the DMR, obtaining permits, etc.? • How do juniors deal with organised labour? • How can juniors improve their operational processes when their funds are limited? • What ESG issues are most problematic for juniors? Which partners can they work with to give them an advantage in terms of governance, environmental compliance and social impact? • How can juniors take advantage of digitization in mining? Can they afford it? Moderator: Denver Dreyer, CEO, Worley Panellists: Cecilia Jofré, Chief Sales Officer & Director, IsoMetrix Sifiso Nkosi, Executive Chairperson, Ntuthuko Exploration & Mining Val Coetzee, SVP Process and Project Development, DRA Global Lloyd Christie, Director, Mining and Environment Law, ENSafrica

16h45 Chairman’s Closing Remarks and end of conference

Chair: Bernard Swanepoel

Fred Arendse

(SSC Group)

Jacques Badenhorst

Ayanda BamExecutive Chairman, Kuyasa Mining

Vuslat BayogluManaging Director, Menar

James CampbellManaging Director, Botswana Diamonds

Tebello Chabana

Council South Africa

Paul ChimbodzaExecutive Director, Prospect Resources (Zimbabwe)

Dr Mike de WitConsulting Geologist, Majimba Consulting

Denver DreyerSenior Vice President MM&M EMEA, Worley

Morne du Plessis

Kevin HodgesIndustry Development Champion, Basic Metals & Mining, IDC

Alistair HodgkinsonManaging Director - DRA EMEA, DRA Global

Sam Hosack Managing Director, Prospect Resources (Zimbabwe)

George Jenkins

Cecilia Jofré

Boris Kamstra

Sascha KeenDirector, Noah’s Rule (Spain)

Michal KotzéAfrica Mining Industry Leader, PwC

Pontsho LedwabaUniversity Lecturer, School of Mining Engineering, Wits

Peter LeonPartner and Africa Co-Chair, Herbert Smith Freehills LLP

Cobus Loots

Louis Loubser

Avonia MabasoGroup Legal Counsel, Bauba Platinum

Mosa Mabuza

Peter MajorDirector: Mining, Mergence Corporate Solutions

Thabile MakgalaExecutive: Mining, Impala Platinum; Chairperson, Women in Mining SA (WiMSA)

Conor McFaddenTax Partner, Fasken

Honourable Minister Gwede Mantashe (MP)Department of Mineral Resources and Energy

Paul MillerManaging Director, CCP 12J Fund Limited

Dr Gargi MishraIndustry Innovation Senior Principal – Mining, Accenture

Adv. Thabo MokoenaDirector General, Department of Mineral Resources

Executive Director, White Rivers Exploration

Gerick Mouton

Allan MulliganExecutive Director, Walkabout Resources (Tanzania)

Mitford MundellIndependent Business Coach & Partner, Drivatic

2019 Junior Indaba Speakers to include....

Created by Resources for Africa Investment Conferences in association with THINKspiration. The organisers reserve the right to alter the programme, timings and speakers. Copyright © Resources for Africa Investment Conferences (Pty) Ltd

Resources 4 Africa is pleased to announce the 5th edition of its annual Junior Indaba, taking place at The Country Club Johannesburg, Auckland Park, on 4 & 5 June 2019. This two-day conference, known for its straight-talking and frank discussions, will examine the state of the exploration and junior mining sector in Africa.

Now that Mining Charter III has been broadly accepted by all stakeholders, the all-important questions are:• Is the South African mining sector, in particular junior mining and exploration, now in a position to move forward?• What more needs to be done by Government to kick-start this critical industry sector?• How do investors currently perceive South Africa?• What is happening in other African countries? Where are the opportunities?

Local and international experts will give their views on the African junior mining landscape, the latest political and regulatory changes and what can be done to achieve a thriving exploration and junior mining sector. Panel discus-sions will focus on such themes as the junior coal miners and what contribution they make to the SADC coal mining and energy sectors; successful operating models for junior miners; what it takes to successfully turn around mining projects which were previously closed or abandoned; what operational challenges are juniors facing and what options are available to improve their operations when funds are limited?

Please refer to our website for up to date speaker information: www.juniorindaba.com

08h00 Registration

09h00 Chairman’s welcome Bernard Swanepoel

09h15 Ministerial Keynote Address Reviving the Junior Mining sector Honourable Minister Gwede Mantashe (MP), Department of Mineral Resources and Energy

09h45 Keynote Address: Showcasing a true South African junior mining success story Andries van Heerden, CEO, Afrimat

10h00 Session One Mining Charter III (MCIII): the beginning or the end for junior mining? • What are the implications of Mining Charter III (MCIII) and SA’s mining policy for the junior mining sector? • What is the definition of a junior mining company as per MCIII? • Has the waiver of BEE requirements for prospecting rights in SA impacted the number of applications? How are the regional DMR

offices implementing this change in policy? • Besides the BEE waiver for prospecting rights, how does the Charter assist the junior mining sector? • What more needs to be done in terms of mining policy and legislation to assist junior miners? Is the 30% BEE requirement for mining companies acceptable or realistic for juniors? Does this impact their ability to raise funds? • What are the implications of the Xolobeni ruling and the role of communities in deciding the granting of prospecting/mining rights for junior mining? Panellists: Adv. Thabo Mokoena, Director General, Department of Mineral Resources Tebello Chabana, Senior Executive Public Affairs and Transformation, Minerals Council South Africa Peter Leon, Partner, Herbert Smith & Freehills Lindiwe Nakedi, Owner & Managing Director, Gubhani Exploration

10h45 Session Two Botswana: a role model for junior mining Charles Siwawa, CEO, Botswana Chamber of Mines

11h00 Morning Refreshments

11h30 Achieving a thriving exploration and junior mining sector • What is the current state of play? • What does a world-class, thriving junior mining and exploration sector look like? • Number of prospecting right applications? Current conversion rate from prospecting to mining rights? How can we close the gap between exploration and mining? • What happens to the prospecting rights that are not being converted? Is the ‘use it or lose it’ principle being applied? • How do we improve access to primary exploration data? • Can the recent investment of R20 billion over 10 years in the Council for Geoscience galvanize exploration in SA? • Botswana, Namibia, Canada, Australia? How has mapping positively impacted exploration investment in these countries? Moderator: Michal Kotze, Head of Mining, PwC Panellists: Errol Smart, Managing Director & CEO, Orion Minerals William (Bill) Witham, CEO, Australia-Africa Minerals and Energy Group Mosa Mabuza, CEO, Council for Geoscience Dr Gargi Mishra, Industry Innovation Senior Principal – Mining, Accenture Conor McFadden, Tax Partner, Fasken

12h15 Session Three Junior coal mining: who, what and where? • What percentage are junior coal miners contributing to the total output of coal in the SADC region?

• What markets are they serving and what is the outlook for demand in the short and longer-term? • What are the latest developments in terms of signing agreements with Eskom? Has the situation improved? • What other opportunities exist within the SADC region given the huge power deficit? • Who is investing in junior coal projects and how might this change as environmental protections become stricter and interest in renewable energy sources increases? • What other challenges do junior coal miners face and how are they addressing them? Moderator: Xavier Marcel Prévost, Senior Coal Analyst, XMP Consulting Panellists: Morne du Plessis, CFO, Minergy Coal Andre Boje, CEO, Minergy Jacques Badenhorst, CEO, Maatla Energy Limited Waheed Sulaiman, Independent Consultant Dr Sakhile Ngcobo, Director, Sibambene Coal Ayanda Bam, Executive Chairman, Kuyasa Mining

13h00 Lunch and Networking

14h00 Session Four Turning around a junior mine: What does it take? What does it take to turn around an abandoned mine or resuscitate a non-operational junior mining project? This session will focus on resuscitated projects which were previously closed or abandoned and now turned around, operating successfully and generating revenues. Moderator: Mitford Mundell, Independent Business Coach & Partner, Drivatic Panellists: Lily Mine: Fred Arendse, CEO, Siyakhula Sonke Empowerment Corp (SSC Group) Mooiplats: Louis Loubser, CEO, Mooiplats Colliery Theta Gold Mines: George Jenkins, CEO, Stonewall Resources/Theta Gold Mines

15h00 Session Five Lessons from the Legends! Hear some of the unique experiences and top tips for success from some of the renowned legends in the business!15h00 Legend 1: Prof. Mike de Wit, Consulting Geologist, Majimba Consulting (former Exploration Manager Africa, De Beers) In the world of diamonds, the Big and the Beautiful: size does matter!

15h20 Legend 2: Alan Smith, CEO, Blvoor Gold A lifetime of mining

15h40 Afternoon refreshments

16h10 Legend 3: Vuslat Bayoglu, Managing Director, Menar How to take a junior and turn it into a successful mid-tier company

16h30 Junior mining and exploration in Ecuador Ambassador Cordova, Embassy of Ecuador

16h50 Session Six Mythbusters! Hear some of the prevailing industry myths being argued (for and against) by respected industry figures, both insightful and controversial: i) The Xolobeni ruling means the beginning of the end of mining in South Africa! Hulme Scholes, Director, Malan Scholes Inc. ii) Mining Charter III is a ‘set up’ between the large mining companies and the Government! Lili Nupen, Founder/Director, Nupen Staude de Vries iii) Illegal mining is the only profitable mining sector in SA! Pontsho Ledwaba, Lecturer, School of Mining Engineering, Wits University iv) SA’s equity markets are fit for purpose and stand ready to support a renaissance in SA junior mining Paul Miller, Managing Director, CCP 12J Fund v) Coal is dead! Mike Teke, CEO, Seriti Resources

17h20 “Tjop en dop” – a typical South African braai, drinks and networking

19h00 End of Day One

08h00 Registration

09h00 Chairman’s Opening Remarks Bernard Swanepoel

09h10 Session One Commodities: what’s hot and what’s not? • What is the current outlook for commodities and how does this affect SA? • Which commodities are currently the flavour of the month? • What macroeconomic developments are currently impacting commodity prices? • Where does SA sit in relation to the global commodities market? How exposed is the local economy to fluctuating commodity prices? • How are our exports affected? Thabang Thlaku, Mining and Commodities Analyst, Standard Bank Group Securities

09h30 Strategic metals: Where is demand coming from and what are the implications for juniors? • Which metals are currently most in demand and which will be needed for the future? • What are the market/supply chain trends driving this demand? • Battery metals: which metals are going to be used in batteries in the future – is it just about lithium-ion? • How can junior mining companies benefit from these trends? • Can junior miners keep up with the increasing demand for battery and other strategic metals? • How can juniors match their strategic metals projects with the right resources and financing? Moderator: Thabile Makgala, Executive: Mining, Impala Platinum; Chairperson, Women in Mining SA (WiMSA) Panellists: Gerick Mouton, Senior Vice President, Ivanplats Sam Hosack, Managing Director, Prospect Resources Thabang Thlaku, Mining and Commodities Analyst, Standard Bank Group Securities Madelein Todd, Chief Marketing Officer, Manganese Metal Company (MMC)

10h00 Session Two Showcasing junior mining companies, projects and investment opportunities

10h00-10h15 We need more palladium! Gerick Mouton, Vice President & Executive Head: Capital Projects, Ivanhoe Mines 10h15-10h30 Alphamin Resources Boris Kamstra, CEO, Alphamin Resources

10h30-10h45 Lemur Holdings Prince Nyati, CEO, Lemur Holdings

10h45 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

11h00 Morning Refreshments

11h30-11h45 White Rivers Exploration Refilwe Monageng, Executive Director, White Rivers Exploration

11h45-12h00 Pan African Resources Cobus Loots, CEO, Pan African Resources

12h00-12h15 Walkabout Resources Allan Mulligan, Executive Director, Walkabout Resources 12h15 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

12h30 Session Three Where’s the money? Funding for juniors.

• How has the situation changed in terms of juniors gaining access to funding? • What alternative funding options are available when access to traditional financing is not? • Which juniors have been successful in obtaining funding and how? • How can juniors better present their projects to investors and funders? • SA’s retail investor market: how can this work for the junior sector? • What is required to have dynamic public capital markets to increase access to funds? • What are the latest developments regarding the IDC exploration fund for juniors? Moderator: James Campbell, Managing Director, Botswana Diamonds Panellists: Dr Mike Seeger, Director, MX Mining Capital Advisors Kevin Hodges, Industry Development Champion, Basic Metals & Mining, IDC Olebogeng Sentsho, CEO, Simba Mgodi Fund Sascha Keen, Director, Noah’s Rule

13h00 Lunch and Networking

14h00 Session Four Showcasing junior mining companies, projects and investment opportunities

14h00-14h15 Orion’s Prieska - resurrection and alchemy at work Errol Smart, Managing Director & CEO, Orion Minerals

14h15-14h30 Maxima Silica Bruce Stride, Managing Director, Maxima Silica

14h30-14h45 Iron ore product demand shift – understanding China’s desire for higher quality products Andrew Trahar, Corporate Development and Investor Relations Manager, Zanaga Iron Ore

14h45-15h00 Bauba: Telling a new story about mining Aviona Mabaso, Group Legal Counsel, Bauba Platinum

15h00-15h15 Arcadia: a game-changing lithium project Sam Hosack, Managing Director, Prospect Resources

15h15 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

15h30 Afternoon Refreshments

16h00 Session Five What works and what doesn’t? Operating models for juniors • What business models are juniors typically adopting? What are the pros and cons of using contract miners? • What operational challenges are juniors facing – skills shortages, liaising with the DMR, obtaining permits, etc.? • How do juniors deal with organised labour? • How can juniors improve their operational processes when their funds are limited? • What ESG issues are most problematic for juniors? Which partners can they work with to give them an advantage in terms of governance, environmental compliance and social impact? • How can juniors take advantage of digitization in mining? Can they afford it? Moderator: Denver Dreyer, CEO, Worley Panellists: Cecilia Jofré, Chief Sales Officer & Director, IsoMetrix Sifiso Nkosi, Executive Chairperson, Ntuthuko Exploration & Mining Val Coetzee, SVP Process and Project Development, DRA Global Lloyd Christie, Director, Mining and Environment Law, ENSafrica

16h45 Chairman’s Closing Remarks and end of conference

Lindiwe NakediOwner & Managing Director, Gubhani Exploration

Sakhile NgcoboDirector, Sibambene Coal

Executive Chairperson, Ntuthuko Exploration & Mining

Lili NupenFounder/Director, Nupen Staude de Vries

Prince Nyati

Xavier Marcel PrévostSenior Coal Analyst, XMP Consulting

Hulme ScholesDirector, Malan Scholes Inc.

Mike SeegerDirector, MX Mining Capital Advisors

Olebogeng Sentsho

Charles Siwawa

Errol Smart

Alan Smith

Bruce StrideManaging Director, Maxima Silica

Waheed SulaimanIndependent Consultant

Mike Teke

Thabang ThlakuMining and Commodities Analyst, Standard Bank Group Securities

Madelein Todd

Andrew TraharCorporate Development and Investor Relations Manager, Zanaga Iron Ore (Congo)

Andries van Heerden

William (Bill) Witham

Energy Group (Australia)

08h00 Registration

09h00 Chairman’s welcome Bernard Swanepoel

09h15 Ministerial Keynote Address Reviving the Junior Mining sector Honourable Minister Gwede Mantashe (MP), Department of Mineral Resources and Energy

09h45 Keynote Address: Showcasing a true South African junior mining success story Andries van Heerden, CEO, Afrimat

10h00 Session One Mining Charter III (MCIII): the beginning or the end for junior mining? • What are the implications of Mining Charter III (MCIII) and SA’s mining policy for the junior mining sector? • What is the definition of a junior mining company as per MCIII? • Has the waiver of BEE requirements for prospecting rights in SA impacted the number of applications? How are the regional DMR

offices implementing this change in policy? • Besides the BEE waiver for prospecting rights, how does the Charter assist the junior mining sector? • What more needs to be done in terms of mining policy and legislation to assist junior miners? Is the 30% BEE requirement for mining companies acceptable or realistic for juniors? Does this impact their ability to raise funds? • What are the implications of the Xolobeni ruling and the role of communities in deciding the granting of prospecting/mining rights for junior mining? Panellists: Adv. Thabo Mokoena, Director General, Department of Mineral Resources Tebello Chabana, Senior Executive Public Affairs and Transformation, Minerals Council South Africa Peter Leon, Partner, Herbert Smith & Freehills Lindiwe Nakedi, Owner & Managing Director, Gubhani Exploration

10h45 Session Two Botswana: a role model for junior mining Charles Siwawa, CEO, Botswana Chamber of Mines

11h00 Morning Refreshments

11h30 Achieving a thriving exploration and junior mining sector • What is the current state of play? • What does a world-class, thriving junior mining and exploration sector look like? • Number of prospecting right applications? Current conversion rate from prospecting to mining rights? How can we close the gap between exploration and mining? • What happens to the prospecting rights that are not being converted? Is the ‘use it or lose it’ principle being applied? • How do we improve access to primary exploration data? • Can the recent investment of R20 billion over 10 years in the Council for Geoscience galvanize exploration in SA? • Botswana, Namibia, Canada, Australia? How has mapping positively impacted exploration investment in these countries? Moderator: Michal Kotze, Head of Mining, PwC Panellists: Errol Smart, Managing Director & CEO, Orion Minerals William (Bill) Witham, CEO, Australia-Africa Minerals and Energy Group Mosa Mabuza, CEO, Council for Geoscience Dr Gargi Mishra, Industry Innovation Senior Principal – Mining, Accenture Conor McFadden, Tax Partner, Fasken

12h15 Session Three Junior coal mining: who, what and where? • What percentage are junior coal miners contributing to the total output of coal in the SADC region?

• What markets are they serving and what is the outlook for demand in the short and longer-term? • What are the latest developments in terms of signing agreements with Eskom? Has the situation improved? • What other opportunities exist within the SADC region given the huge power deficit? • Who is investing in junior coal projects and how might this change as environmental protections become stricter and interest in renewable energy sources increases? • What other challenges do junior coal miners face and how are they addressing them? Moderator: Xavier Marcel Prévost, Senior Coal Analyst, XMP Consulting Panellists: Morne du Plessis, CFO, Minergy Coal Andre Boje, CEO, Minergy Jacques Badenhorst, CEO, Maatla Energy Limited Waheed Sulaiman, Independent Consultant Dr Sakhile Ngcobo, Director, Sibambene Coal Ayanda Bam, Executive Chairman, Kuyasa Mining

13h00 Lunch and Networking

14h00 Session Four Turning around a junior mine: What does it take? What does it take to turn around an abandoned mine or resuscitate a non-operational junior mining project? This session will focus on resuscitated projects which were previously closed or abandoned and now turned around, operating successfully and generating revenues. Moderator: Mitford Mundell, Independent Business Coach & Partner, Drivatic Panellists: Lily Mine: Fred Arendse, CEO, Siyakhula Sonke Empowerment Corp (SSC Group) Mooiplats: Louis Loubser, CEO, Mooiplats Colliery Theta Gold Mines: George Jenkins, CEO, Stonewall Resources/Theta Gold Mines

15h00 Session Five Lessons from the Legends! Hear some of the unique experiences and top tips for success from some of the renowned legends in the business!15h00 Legend 1: Prof. Mike de Wit, Consulting Geologist, Majimba Consulting (former Exploration Manager Africa, De Beers) In the world of diamonds, the Big and the Beautiful: size does matter!

15h20 Legend 2: Alan Smith, CEO, Blvoor Gold A lifetime of mining

15h40 Afternoon refreshments

16h10 Legend 3: Vuslat Bayoglu, Managing Director, Menar How to take a junior and turn it into a successful mid-tier company

16h30 Junior mining and exploration in Ecuador Ambassador Cordova, Embassy of Ecuador

16h50 Session Six Mythbusters! Hear some of the prevailing industry myths being argued (for and against) by respected industry figures, both insightful and controversial: i) The Xolobeni ruling means the beginning of the end of mining in South Africa! Hulme Scholes, Director, Malan Scholes Inc. ii) Mining Charter III is a ‘set up’ between the large mining companies and the Government! Lili Nupen, Founder/Director, Nupen Staude de Vries iii) Illegal mining is the only profitable mining sector in SA! Pontsho Ledwaba, Lecturer, School of Mining Engineering, Wits University iv) SA’s equity markets are fit for purpose and stand ready to support a renaissance in SA junior mining Paul Miller, Managing Director, CCP 12J Fund v) Coal is dead! Mike Teke, CEO, Seriti Resources

17h20 “Tjop en dop” – a typical South African braai, drinks and networking

19h00 End of Day One

2018Total Attendees 326

Some of theAttending Companies

ABBAcciona Energy South AfricaGlobal Acrux ResourcesAfrican Analytics and AdvisoryAfrican Sun MiningAfrimat Shared Services AfriTin MiningAlkeubalane CorporationAmandlaTMAmec GRD SAARMAveng MiningBarleda 263Basil Read Mining S.A.BLACC Engineering ServicesBotswana DiamondsBrazen ALGER Rail LogisticsBSM BlackBushveld EnergyBushveld MineralsCadiz Corporate SolutionsCaldas Engineering and Manufacturing Services Canadian High Commission CCP 12J Fund LimitedCenviro SolutionsCobalt BlockchainConcentrate Capital PartnersConsultancyCraton CapitalCRSCRU GroupCSA GlobalDeloitteDemocratic AllianceDepartment of Mineral ResourcesDigby Wells and Associates (South-Africa)Ditolobonya TradingDRADTOS LtdDwala GroupEarthlab Technical Division

EIMSEmdeni construction and ProjectENSafricaERG AfricaExxaroFalcon & Hume IncFaskenFraser AlexanderFraser AlexanderGalane GoldGekko SystemsGIBB Pty (Ltd)Global Diamond NetworkGlosam ManganeseGold Fields, Kumba Iron Ore & AfriTin MiningGreen Coal TechnologiesGreen Team InternationalGroup Five Projects HarmonyHealth and Safety Dialogue Company Heaven-Sent Capital GroupIDCImplatsIndependent ConsultantIndustrial Development Corporation of South AfricaInfoMine South AfricaIngwenya Mineral ProcessingInternational Finance CorporationInvestec Property FundIsoMetrixIvanplatsJack Cli�yJordaan and SonsJozi Power Operations JSEKomatsu Mining CorpKore PotashKwatani Ledima Mining & ResourcesLetaba Elihle InvestmentsLevantine & Co

Lifa CommunicationsLimpopo Economic Development AgencyLombard Insurance Company LimitedMaatla Resources Maphaha MiningMaxima SilicaMaxwell GeoservicesMcKinsey and CompanyMenarMetc Engineering METS South Africa MIBFAMinerals Council South AfricaMingeomet InternationalMonteroMooiplaats CollieryMultotec Process EquipmentMX Mining Capital AdvisorsNedbank LimitedNorth Star Consulting (former Head of Mining, BNP Paribas SA)Ntuthuko Exploration & MiningOIMOpal MiningOrion MineralsPAL Solutions PanEx ResourcesPangea GroupPetra Diamonds Philip Botha AssociatesPivot MiningPrice ForbesPublic Investment CorporationPuckree GroupPwCR&A Strategic CommunicationRBI Technical Solutions International Remote Exploration ServicesResources for AfricaReThink ResourcesRio Tinto Management Services SARiverfort CapitalRMA

RMBSA-German Chamber of Commerce and IndustrySandvik Mining RSAScienti�c ServicesSearch Partners InternationalSENETSeriti ResourcesSES AssistanceSGS BatemanShingai GroupShirley Hayes IPK (SHiP)Shumba EnergySimba Mgodi Mining Incubation Fund (SMF)Sitatunga ResourcesSnowden Mining Industry ConsultantsSomoforemSouthern MappingSRK Consulting (South Africa) St. James's Place Wealth Management GroupStahl Cranes & HoistsStandard BankSupacrushTalent10TEBATecoma StrategiesThe Junior IndabaThe MSA Group The Ukwazi GroupTHINKspirationTo The Point Growth SpecialistsTurner & TownsendUnicorn Capital Partners LimitedUNISAUniversity of Professional Studies-AccraUS EmbassyVillage Main ReefWebber WentzelWits Business SchoolWits UniversityWorleyParsons/AdvisianZest WEG Group AfricaZululand Anthracite Colliery

2018Job Title Split: %

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Mining 34%Consulting / Advisory 19%Investment 14%EPC Contractor 11%Mining Supplier 11%Professional Body 5%Academic 4%Law Firm 3%

2018Industry Split %

08h00 Registration

09h00 Chairman’s Opening Remarks Bernard Swanepoel

09h10 Session One Commodities: what’s hot and what’s not? • What is the current outlook for commodities and how does this affect SA? • Which commodities are currently the flavour of the month? • What macroeconomic developments are currently impacting commodity prices? • Where does SA sit in relation to the global commodities market? How exposed is the local economy to fluctuating commodity prices? • How are our exports affected? Thabang Thlaku, Mining and Commodities Analyst, Standard Bank Group Securities

09h30 Strategic metals: Where is demand coming from and what are the implications for juniors? • Which metals are currently most in demand and which will be needed for the future? • What are the market/supply chain trends driving this demand? • Battery metals: which metals are going to be used in batteries in the future – is it just about lithium-ion? • How can junior mining companies benefit from these trends? • Can junior miners keep up with the increasing demand for battery and other strategic metals? • How can juniors match their strategic metals projects with the right resources and financing? Moderator: Thabile Makgala, Executive: Mining, Impala Platinum; Chairperson, Women in Mining SA (WiMSA) Panellists: Gerick Mouton, Senior Vice President, Ivanplats Sam Hosack, Managing Director, Prospect Resources Thabang Thlaku, Mining and Commodities Analyst, Standard Bank Group Securities Madelein Todd, Chief Marketing Officer, Manganese Metal Company (MMC)

10h00 Session Two Showcasing junior mining companies, projects and investment opportunities

10h00-10h15 We need more palladium! Gerick Mouton, Vice President & Executive Head: Capital Projects, Ivanhoe Mines 10h15-10h30 Alphamin Resources Boris Kamstra, CEO, Alphamin Resources

10h30-10h45 Lemur Holdings Prince Nyati, CEO, Lemur Holdings

10h45 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

11h00 Morning Refreshments

11h30-11h45 White Rivers Exploration Refilwe Monageng, Executive Director, White Rivers Exploration

11h45-12h00 Pan African Resources Cobus Loots, CEO, Pan African Resources

12h00-12h15 Walkabout Resources Allan Mulligan, Executive Director, Walkabout Resources 12h15 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

12h30 Session Three Where’s the money? Funding for juniors.

• How has the situation changed in terms of juniors gaining access to funding? • What alternative funding options are available when access to traditional financing is not? • Which juniors have been successful in obtaining funding and how? • How can juniors better present their projects to investors and funders? • SA’s retail investor market: how can this work for the junior sector? • What is required to have dynamic public capital markets to increase access to funds? • What are the latest developments regarding the IDC exploration fund for juniors? Moderator: James Campbell, Managing Director, Botswana Diamonds Panellists: Dr Mike Seeger, Director, MX Mining Capital Advisors Kevin Hodges, Industry Development Champion, Basic Metals & Mining, IDC Olebogeng Sentsho, CEO, Simba Mgodi Fund Sascha Keen, Director, Noah’s Rule

13h00 Lunch and Networking

14h00 Session Four Showcasing junior mining companies, projects and investment opportunities

14h00-14h15 Orion’s Prieska - resurrection and alchemy at work Errol Smart, Managing Director & CEO, Orion Minerals

14h15-14h30 Maxima Silica Bruce Stride, Managing Director, Maxima Silica

14h30-14h45 Iron ore product demand shift – understanding China’s desire for higher quality products Andrew Trahar, Corporate Development and Investor Relations Manager, Zanaga Iron Ore

14h45-15h00 Bauba: Telling a new story about mining Aviona Mabaso, Group Legal Counsel, Bauba Platinum

15h00-15h15 Arcadia: a game-changing lithium project Sam Hosack, Managing Director, Prospect Resources

15h15 Major Facts and Fiction! Peter Major, Director: Mining, Mergence Corporate Solutions

15h30 Afternoon Refreshments

16h00 Session Five What works and what doesn’t? Operating models for juniors • What business models are juniors typically adopting? What are the pros and cons of using contract miners? • What operational challenges are juniors facing – skills shortages, liaising with the DMR, obtaining permits, etc.? • How do juniors deal with organised labour? • How can juniors improve their operational processes when their funds are limited? • What ESG issues are most problematic for juniors? Which partners can they work with to give them an advantage in terms of governance, environmental compliance and social impact? • How can juniors take advantage of digitization in mining? Can they afford it? Moderator: Denver Dreyer, CEO, Worley Panellists: Cecilia Jofré, Chief Sales Officer & Director, IsoMetrix Sifiso Nkosi, Executive Chairperson, Ntuthuko Exploration & Mining Val Coetzee, SVP Process and Project Development, DRA Global Lloyd Christie, Director, Mining and Environment Law, ENSafrica

16h45 Chairman’s Closing Remarks and end of conference

Sponsors:

Created by Resources for Africa Investment Conferences in association with THINKspiration. The organisers reserve the right to alter the programme,timings and speakers. Copyright © Resources for Africa Investment Conferences (Pty) Ltd

Photographer: Wynand van der Merwe Photography

Media Partners:

Interested in Sponsoringand Exhibiting?If you are interested in:· Interacting, meeting and networking with potential customers· Positioning yourself above your competitors· Generating new business opportunities from attendees at the Indaba· Building your brand amongst a targeted audience

…then contact us about the available opportunities.Email: sponsorship@resources4africa.com

Please note that delegates’ attendance at the conference cannot be confirmed until payment in full has been received.For any enquiries please contact the registrations department on: +27 (0)11 463 7799 / +27 72 846 4595 or registrations@resources4africa.com

Please email the completed form to registrations@resources4africa.com or fax it to +27 (0)86 455 2301 Banking details for Junior Indaba delegate fees payments:Bank: FNB, Acc. Name: Resources for Africa Investment Conferences, Acc. No. 6241 133 1151, Branch: Hyde Park, Branch Code: 255 805,Note: Credit Card payments are available through the payment portal on the Junior Indaba website.

Company Details:

Company Name

VAT No.

Delegate 1:

Title

Surname

Job Title

Mobile No.

Delegate 2: (if Applicable)

Title

Surname

Job Title

Mobile No.

Billing Address:

Adress

State / Province

Contact Person

Signature:

Date:

Tel.

Email

Name

Email

Code

Contact Tel.

Country

Name

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4 - 5 June 2019The Country Club, Johannesburg

The 2019 Junior Indaba* prices quoted are exclusive of VAT

* Early Bird rates are valid if registration is completed and paid in full by 31 March 2019

Early-Bird Pricing

Mining, Investors & Government R7 500

Mining Services Industry R9 200

Standard Pricing

R8 000

R9 700