… · · 2015-10-06mining industry that have gained tremendous traction amongst all stakeholders...
TRANSCRIPT
Local and international speakers, fund managers, investors, analysts and captains of industry will once again gather at the Inanda Club in Johannesburg for the 2015 Joburg Indaba which promises to raise the bar with its lively debates and frank conversations that have become the hallmark of this event.
An intimate gathering, strictly limited to 500, the Joburg Indaba has become an important platform where industry leaders engage in strategic conversations that are open, honest, bold, fresh and to the point. We have succeeded in hosting frank conversations about the mining industry that have gained tremendous traction amongst all stakeholders and made headlines in all the main media. Participants have agreed that the Joburg Indaba has raised the bar with its straight talk, refreshing insights and intimate atmosphere.
Come and join in the lively debates and high calibre engagement at a gathering that draws captains of industry, government and investors who have found it an important platform to put forward their thoughts on the industry. 2014 saw the event attract keynote speakers such as the Minister of the Department of Mineral Resources, the Secretary General of the ANC and numerous high pro�le CEOs and thought leaders in the industry.
New this year is a pre-conference dinner taking place on the evening of 13th October, open to all delegates. Don’t miss the opportunity to hear Mark Bristow, CEO Randgold Resources, one of the few companies to buck the downward trend in equities and deliver real returns to investors.
Bernard Swanepoel will once again be chairing the conference and we can look forward to his incisive insights, candour and good humour.
We hope to see you there.
Paula MunsieFounder and CEO
IT’S BACK – SAVE THE DATE
Don’t miss:JOBURG INDABA 2015
Registration now open!
Date: 14 – 15 October 2015
Venue: Inanda Club,
Sandton, Johannesburg
www.joburgindaba.com
SPONSORS OF THE 2015 JOBURG INDABA:
Joburg Indaba 2015 Sponsorship Packages
Sponsorship packages are available.
For more information contact
Lead Sponsor
Local and international speakers, fund managers, investors, analysts and captains of industry will once again gather at the Inanda Club in Johannesburg for the 2015 Joburg Indaba which promises to raise the bar with its lively debates and frank conversations that have become the hallmark of this event.
An intimate gathering, strictly limited to 500, the Joburg Indaba has become an important platform where industry leaders engage in strategic conversations that are open, honest, bold, fresh and to the point. We have succeeded in hosting frank conversations about the mining industry that have gained tremendous traction amongst all stakeholders and made headlines in all the main media. Participants have agreed that the Joburg Indaba has raised the bar with its straight talk, refreshing insights and intimate atmosphere.
Come and join in the lively debates and high calibre engagement at a gathering that draws captains of industry, government and investors who have found it an important platform to put forward their thoughts on the industry. 2014 saw the event attract keynote speakers such as the Minister of the Department of Mineral Resources, the Secretary General of the ANC and numerous high pro�le CEOs and thought leaders in the industry.
New this year is a pre-conference dinner taking place on the evening of 13th October, open to all delegates. Don’t miss the opportunity to hear Mark Bristow, CEO Randgold Resources, one of the few companies to buck the downward trend in equities and deliver real returns to investors.
Bernard Swanepoel will once again be chairing the conference and we can look forward to his incisive insights, candour and good humour.
We hope to see you there.
Paula MunsieFounder and CEO
IT’S BACK – SAVE THE DATE
Don’t miss:JOBURG INDABA 2015
Registration now open!
Date: 14 – 15 October 2015
Venue: Inanda Club,
Sandton, Johannesburg
www.joburgindaba.com
SPONSORS OF THE 2015 JOBURG INDABA:
Joburg Indaba 2015 Sponsorship Packages
Sponsorship packages are available.
For more information contact
Lead Sponsor
Speakers are speci�cally sourced and personally invited, providing both local and international �avour.Bernard Swanepoel is back by popular demand to chair the 2015 Joburg Indaba encouraging honest and open conversation. We are delighted to welcome Mark Bristow to the 2015 Joburg Indaba as a keynote speaker at the pre-conference dinner on 13th October. Book to avoid disappointment as spaces are limited.
JOBURG INDABA 2015 AT A GLANCE: The conversations which have become the hallmark of the Joburg Indaba will be back at the Inanda Club from 14th – 15th October. Come and contribute, interact, engage and debate the critical issues including:
- How are we measuring up against the 2014 Joburg Indaba Index which set the bar for improvements to the industry?- What initiatives are underway to improve South Africa as a mining investment destination?- How are we addressing the top challenges facing the industry?- How do we hold Government, CEOs and their organisations accountable for sustainability?- How are CEOs succeeding in balancing con�icting needs and interests?- How are investors currently making their investment decisions?- What are the international benchmarks they use and are these really the “holy grail”?- How are mining companies delivering more shareholder value?- What progress has been made in modernising the industry?- How are the management teams navigating the pressure points and managing risks, productivity, pro�ts and people?- What contingency planning in the face of energy shortages?All this and more....
Developed through wide consultation with the industry, the 2015 Joburg Indaba once again promises to be a
highlight in the mining industry’s calendar. The platform is set for lively debates, thought provoking
discussions while also enabling you to do business in a memorable way by providing direct access to investors,
entrepreneurs and captains of industry. Meet the game changers and though leaders in the industry in an
environment conducive to interaction and conversation where thinking can be shared, opportunities explored
and solutions found. Speakers and participants will include CEOs, Exco members of leading companies in the
mining industry, management teams, investment houses, government, commodity market and �nancial
analysts, academia, consulting and advisory services.
What makes this event different?... by the industry for the industry...
The Joburg Indaba is the result of a partnership betweenResources 4 Africa and THINKspiration.
Resources 4 Africa is an entrepreneurial company specialising in conferences on Investment in Africa's Resource sectors including Mineral Resources, Oil & Gas, Natural Resources and Energy. Passionate about Africa and driven by the need to increase investment into the African continent, the Resources 4 Africa team aims to create fresh, inspiring and thought-provoking events that make a di�erence.
Paula Munsie is the founder and CEO of Resources 4 Africa.
THINKspiration is a specialist consultancy dedicated to getting corporate strategy understood by distilling it into a compelling visual story that all employees know, understand and want to deliver.We have a deep understanding of strategy and leadership and have successfully helped companies translate strategy from the boardroom to the rock face/shop �oor. We use stories to create meaning and visual stories to make the meaning memorable. We then equip leaders at all levels to conduct meaningful conversations around the content with their people. (Read more on our website: www. thinkspiration.co.za)
Tracey Swanepoel is the founder and CEO of THINKspiration.
It’s a partnership that is working well:• The THINKspiration team are inspired by Resources 4 Africa’s vision, entrepreneurial spirit and drive to do it di�erently • The Resources 4 Africa team appreciate the value of meticulous planning, conversation design and creativity that THINKspiration brings.
Since its inaugural event in 2013, the Joburg Indaba, has become known as a mining confer-ence which has raised the bar and established a clear competitive advantage by creating an environment where passionate industry leaders can have honest, open and direct conversa-tions in an intimate atmosphere.
Conversations, that are not really taking place anywhere else. Truly, conversations "by the Industry, for the Industry."
During the course of the past 12 months, these conversations have continued: in response to the pressing need to focus on the Junior sector, identi�ed at last year’s Joburg Indaba, the Junior Indaba was held in June 2015, to much acclaim. In addition there have been several Joburg Indaba breakfasts during 2015 which have zeroed in on critical issues facing the industry.
Frank AbbottFinancial Director,Harmony Gold
Tom AlbaneseCEO, Vedanta Resources
Sacha BackesSenior Investment O�cer, Mining Investment Division – Africa, IFC
Claude BaissacManaging Director,Eunomix
Vukosi BaloyiStudent
Warren BeechDirector and Head of Mining, Hogan Lovells
Chris BishopManaging Editor, Forbes Africa
Kajal BissessorFinancial Director, Merafe Resources
Mark BristowCEO, Randgold Resources
Cheryl CarolusChairperson,Gold Fields
Brian DamesChief Executive, African Rainbow Energy & Power (“ARUP”)
Dr Martyn DaviesManaging Director, Emerging Markets & Africa, Deloitte Frontier Advisory
2015 Speakers
William DawesCEO, Mkango Resources
Alugumi DzebuSenior Investment Manager, Partnership Funds,Anglo American
Neal FronemanCEO, Sibanye Gold
Thomas GarnerCEO, Cennergi
Bobby Godsell
Henk GroenewaldAnalyst, Coronation Fund Managers
Terence GoodlaceCEO, Impala Platinum Holdings
Henk de HoopBusiness Development Director, Rand Merchant Bank
Jonatan JacobsStudent
Paul JourdanSpatial and Resource Based Development Consultant
Charl KeyterCFO, Sibanye Gold
Rob KieferVice President Exploration, MinEx Projects
Gerard KleynStudent
Lucky MabuzaGeneral Manager, Brandspruit, Sasol Mining
Fidelis MadavoExecutive Head, Listed Investments, Public Investment Corporation (PIC)
Maduna NgobeniDeputy Director, Department of Energy
Trevor Manuel
Joseph MathunjwaPresident, AMCU
Anton MauvePartner, Plinian Capital
Tonny MavimbelaStudent
Norman MbazimaCEO, Kumba Iron Ore and Deputy Chairman, Anglo American SA
Sandy McGregorPortfolio Manager, Allan Gray
Rick MenellChairman South Africa,
Credit Suisse
Thando MkatshanaHead of Copper and Coal, ARM
Dr James Motlatsi
Nelson NdlalaHead of Rustenburg Operations, Implats
Sipho NkosiCEO, Exxaro Resources
Barend PetersenExecutive Chairman, De Beers Consolidated Mines
Sipho PityanaChairman, AngloGold Ashanti
Kerwin RanaExecutive Chairman, Sunbird Energy Ltd
Prof Cheryl de la ReyVice-Chancellor and Principal, University of Pretoria
Laurence RobbCEO, Lerama Resources
Mike RossouwEnergy Thought Leader
Jim RutherfordNon-Executive Director, Anglo American plc andformer Capital Group Mining Analyst
Muhammad SaloojeeDirector and Head of Corporate Tax,KPMG
Mike SchmidtCEO, African Rainbow Minerals
Keith ScottManaging Director, The MSA Group
Dion ShangoSouth African CEO and South Market Area Regional Senior Partner, PricewaterhouseCoopers
Jeethan SinghStudent
Jon StaceyPresident, Handa Copper
Peter SteenkampSenior Vice President, Sasol Mining
Rob StillChairman, Pangea Group
Corné StrijdomGeneral Manager, Tau Lekoa Gold Mine
Bernard Swanepoel
Sandra du ToitHead of Mining & Metals for Africa Corporate Finance, Standard Bank
David TwistPartner, African Mineral Exploration & Development Fund (AMED)
Piet ViljoenChairman, Regarding Capital Management
Erik WandragSenior Investment Director: Energy, Harith
Anton van WykMarkets & Clients Leader for Africa, PricewaterhouseCoopers
Frank AbbottFinancial Director,Harmony Gold
Tom AlbaneseCEO, Vedanta Resources
Sacha BackesSenior Investment O�cer, Mining Investment Division – Africa, IFC
Claude BaissacManaging Director,Eunomix
Vukosi BaloyiStudent
Warren BeechDirector and Head of Mining, Hogan Lovells
Chris BishopManaging Editor, Forbes Africa
Kajal BissessorFinancial Director, Merafe Resources
Mark BristowCEO, Randgold Resources
Cheryl CarolusChairperson,Gold Fields
Brian DamesChief Executive, African Rainbow Energy & Power (“ARUP”)
Dr Martyn DaviesManaging Director, Emerging Markets & Africa, Deloitte Frontier Advisory
2015 Speakers
William DawesCEO, Mkango Resources
Alugumi DzebuSenior Investment Manager, Partnership Funds,Anglo American
Neal FronemanCEO, Sibanye Gold
Thomas GarnerCEO, Cennergi
Bobby Godsell
Henk GroenewaldAnalyst, Coronation Fund Managers
Terence GoodlaceCEO, Impala Platinum Holdings
Henk de HoopBusiness Development Director, Rand Merchant Bank
Jonatan JacobsStudent
Paul JourdanSpatial and Resource Based Development Consultant
Charl KeyterCFO, Sibanye Gold
Rob KieferVice President Exploration, MinEx Projects
Gerard KleynStudent
Lucky MabuzaGeneral Manager, Brandspruit, Sasol Mining
Fidelis MadavoExecutive Head, Listed Investments, Public Investment Corporation (PIC)
Maduna NgobeniDeputy Director, Department of Energy
Trevor Manuel
Joseph MathunjwaPresident, AMCU
Anton MauvePartner, Plinian Capital
Tonny MavimbelaStudent
Norman MbazimaCEO, Kumba Iron Ore and Deputy Chairman, Anglo American SA
Sandy McGregorPortfolio Manager, Allan Gray
Rick MenellChairman South Africa,
Credit Suisse
Thando MkatshanaHead of Copper and Coal, ARM
Dr James Motlatsi
Nelson NdlalaHead of Rustenburg Operations, Implats
Sipho NkosiCEO, Exxaro Resources
Barend PetersenExecutive Chairman, De Beers Consolidated Mines
Sipho PityanaChairman, AngloGold Ashanti
Kerwin RanaExecutive Chairman, Sunbird Energy Ltd
Prof Cheryl de la ReyVice-Chancellor and Principal, University of Pretoria
Laurence RobbCEO, Lerama Resources
Mike RossouwEnergy Thought Leader
Jim RutherfordNon-Executive Director, Anglo American plc andformer Capital Group Mining Analyst
Muhammad SaloojeeDirector and Head of Corporate Tax,KPMG
Mike SchmidtCEO, African Rainbow Minerals
Keith ScottManaging Director, The MSA Group
Dion ShangoSouth African CEO and South Market Area Regional Senior Partner, PricewaterhouseCoopers
Jeethan SinghStudent
Jon StaceyPresident, Handa Copper
Peter SteenkampSenior Vice President, Sasol Mining
Rob StillChairman, Pangea Group
Corné StrijdomGeneral Manager, Tau Lekoa Gold Mine
Bernard Swanepoel
Sandra du ToitHead of Mining & Metals for Africa Corporate Finance, Standard Bank
David TwistPartner, African Mineral Exploration & Development Fund (AMED)
Piet ViljoenChairman, Regarding Capital Management
Erik WandragSenior Investment Director: Energy, Harith
Anton van WykMarkets & Clients Leader for Africa, PricewaterhouseCoopers
Programme at a Glance, Conference Day One: Wednesday 14 October 2015
07h30 Registration
09h00 Chairman’s Opening Address The Year in Review Bernard Swanepoel
09h15 Keynote Address: Mining’s role in the context of the NDP Trevor Manuel
10h00 Words of wisdom from “the elders”: an honest conversation about the industry with Bobby Godsell and James Motlatsi
10h30-11h00 Morning Refreshments
11h00 Session One The Boardroom Perspective How do we think we are measuring up against the Joburg Indaba Index? • as a country; as an industry? Governance, sustainability, corruption, performance management, risk/reward, executive remuneration? How are we doing in delivering shareholder value? How are we doing in modernising the industry? How do we hold CEOs and organisations accountable for sustainability? What should companies focus on? How do we need to rationalise and restructure the business to survive?
Chair: Rick Menell, Chairman South Africa, Credit Suisse Cheryl Carolus, Chairperson, Gold Fields Sipho Pityana, Chairman, AngloGold Ashanti Prof Cheryl de la Rey, Vice-Chancellor and Principal, University of Pretoria Barend Petersen, Executive Chairman, De Beers Consolidated Mines
12h00 Q&A led by Bernard Swanepoel
12h30 Lunch and Networking
14h00 Keynote Address Tom Albanese, CEO, Vedanta Resources
14h30 Session Two World Economic Outlook and Impact on Resources and Mining The state of the global economy, African and SA Macro-economic drivers and obstructions to growth Challenges facing Sub Saharan Africa and South Africa in particular What needs to be addressed to ensure the future viability of the Industry? What are the key issues that will improve SA as a mining investment destination? Commodity market forecasts; the next boom; Africa’s growth over the next two decades; impact of China and other industrialising nations
Chair: Sandra du Toit, Head of Mining & Metals for Africa Corporate Finance, Standard Bank
Keynote Address: Dr Martyn Davies, Managing Director, Emerging Markets & Africa, Deloitte Frontier Advisory Followed by discussion: Dr Martyn Davies, Managing Director, Emerging Markets & Africa, Deloitte Frontier Advisory Dion Shango, South African CEO and South Market Area Regional Senior Partner, PricewaterhouseCoopers Warren Beech, Director and Head of Mining, Hogan Lovells
15h15 Afternoon Refreshments
15h45 Session Three The Investor: “Let the horse speak for itself!” How investors are currently viewing Africa and SA and going about their investment decisions Demystifying the international benchmarks for mining investment globally What are the best and worst investments in recent years? What have investors seen the best and worst management teams do? Considering the long cycle nature of the industry, how could management teams be constituted di�erently to take advantage of opportunities?
Chair: Jim Rutherford, Non-Executive Director, Anglo American plc and former Capital Group Mining Analyst
Henk Groenewald, Analyst, Coronation Fund Managers Fidelis Madavo, Executive Head, Listed Investments, Public Investment Corporation (PIC) Piet Viljoen, Chairman, Regarding Capital Management Sandy McGregor, Portfolio Manager, Allan Gray
16h30 Session Four The CEOs: How are we measuring up? Balancing con�icting needs and interests How are we measuring up against the Joburg Indaba Index? How are we measuring up against Investors’ demands? What progress have we made to modernise the industry? How do we need to rationalise and restructure the business to survive?
Chair: Mike Schmidt, CEO, African Rainbow Minerals
Sipho Nkosi, CEO, Exxaro Resources Neal Froneman, CEO, Sibanye Gold Norman Mbazima, CEO, Kumba Iron Ore and Deputy Chairman, Anglo American South Africa Peter Steenkamp, Senior Vice President, Sasol Mining
17h30-19h00 Cocktail Reception and End of Day One
Programme at a Glance, Conference Day Two: Thursday 15 October 2015
08h00 – 08h45 Registration
08h50 Chairman’s Opening Remarks
09h00 Keynote Address: Advice and recommendations for the Industry: what now? Jim Rutherford, Non-Executive Director, Anglo American plc and former Capital Group Mining Analyst
09h30 Session One Perspectives on modernising the industry The role that business and organised labour must play together in modernising the industry A conversation with: Terence Goodlace, CEO, Impala Platinum Holdings; and Joseph Mathunjwa, President, AMCU
10h00 Morning Refreshments
10h30 Session Two The Davis Committee: a missed opportunity? What could it have been? What should it have been?
Chair: Muhammad Saloojee, Director and Head of Corporate Tax, KPMG
Charl Keyter, CFO, Sibanye Gold Frank Abbott, Financial Director, Harmony Gold Kajal Bissessor, Financial Director, Merafe Resources
11h15 Session Three The Management Teams: Where the “Tekkie” hits the tar! Managing the pressure points Risks, productivity, safety, pro�ts, people Are we looking for “superman”? Have we created the impossible job?
Chair: Anton van Wyk, Markets & Clients Leader for Africa, PricewaterhouseCoopers
Thando Mkatshana, Head of Copper and Coal, ARM Nelson Ndlala, Head of Rustenburg Operations, Implats Lucky Mabuza, General Manager, Brandspruit, Sasol Mining Corné Strijdom, General Manager, Tau Lekoa Gold Mine
12h15 Session Four The Future Generation: Young Professionals: Fresh Eyes, Bright Young Minds How are we doing as an industry? How can we do better in terms of modernisation and innovation? Student Panel: Vukosi Baloyi; Jonatan Jacobs; Gerard Kleyn; Tonny Mavimbela; Jeethan Singh 13h00 Lunch and Networking
14h00 Session Four Bene�ciation: is this the Holy Grail? Is bene�ciation the correct strategy in an energy-constrained environment?
Is there a case for localised value addition? Debunking myths and prevailing ‘wisdom’ International case studies: Indonesia, Canada, Australia, Chile, Botswana, Zimbabwe Chair: Chris Bishop, Managing Editor, Forbes Africa Claude Baissac, Managing Director, Eunomix Paul Jourdan, Spatial and Resource Based Development Consultant
14h30 Session Five The Energy Crisis and Changing Energy Mix: New developments in the World of Energy What are the solutions to the current energy crisis? Load shedding, what are the keys to minimising the pain? Contingency planning in the face of power cuts and for how long? Power generation and supporting infrastructure: linking energy projects to infrastructure What is the role renewables will play? Plans for gas IPP procurement and impact on energy users over time How can mining companies simultaneously reduce energy costs and capitalise on opportunities in the sector? The future for energy in SA and the rest of the African continent
Chair: Erik Wandrag, Senior Investment Director, Energy, Harith Maduna Ngobeni, Deputy Director, Department of Energy Brian Dames, Chief Executive, African Rainbow Energy & Power (“ARUP”) Mike Rossouw, Energy Thought Leader Thomas Garner, CEO, Cennergi
15h30 Afternoon Refreshments
16h00 Session Six The Lion’s Lair: New Project Pipelines Stimulate the Industry Panel of Investors and Funders: the Hungry Lions! • Private equity, bank funders, mid-tier miners Who is on the acquisition trail and what are they looking for? • Investment criteria How are banks making their project funding decisions in the current climate? Who is looking for capital? Projects both in SA and outside Bring your projects if you are brave enough to enter the “Lion’s Lair”!
Chair: Keith Scott, Managing Director, The MSA Group
Rob Still, Chairman, Pangea Group David Twist, Partner, African Mineral Exploration & Development Fund (AMED) Henk de Hoop, Business Development Director, Rand Merchant Bank Anton Mauve, Partner, Plinian Capital Alugumi Dzebu, Senior Investment Manager, Partnership Funds, Anglo American Sacha Backes, Senior Investment O�cer, Mining Investment Division – Africa, IFC
Rob Kiefer, Vice President Exploration, MinEx Projects Jon Stacey, President, Handa Copper Laurence Robb, CEO, Lerama Resources William Dawes, CEO, Mkango Resources Kerwin Rana, Executive Chairman, Sunbird Energy Ltd
17h30-19h00 Wine Tasting and End of Conference
Programme at a Glance, Conference Day Two: Thursday 15 October 2015
08h00 – 08h45 Registration
08h50 Chairman’s Opening Remarks
09h00 Keynote Address: Advice and recommendations for the Industry: what now? Jim Rutherford, Non-Executive Director, Anglo American plc and former Capital Group Mining Analyst
09h30 Session One Perspectives on modernising the industry The role that business and organised labour must play together in modernising the industry A conversation with: Terence Goodlace, CEO, Impala Platinum Holdings; and Joseph Mathunjwa, President, AMCU
10h00 Morning Refreshments
10h30 Session Two The Davis Committee: a missed opportunity? What could it have been? What should it have been?
Chair: Muhammad Saloojee, Director and Head of Corporate Tax, KPMG
Charl Keyter, CFO, Sibanye Gold Frank Abbott, Financial Director, Harmony Gold Kajal Bissessor, Financial Director, Merafe Resources
11h15 Session Three The Management Teams: Where the “Tekkie” hits the tar! Managing the pressure points Risks, productivity, safety, pro�ts, people Are we looking for “superman”? Have we created the impossible job?
Chair: Anton van Wyk, Markets & Clients Leader for Africa, PricewaterhouseCoopers
Thando Mkatshana, Head of Copper and Coal, ARM Nelson Ndlala, Head of Rustenburg Operations, Implats Lucky Mabuza, General Manager, Brandspruit, Sasol Mining Corné Strijdom, General Manager, Tau Lekoa Gold Mine
12h15 Session Four The Future Generation: Young Professionals: Fresh Eyes, Bright Young Minds How are we doing as an industry? How can we do better in terms of modernisation and innovation? Student Panel: Vukosi Baloyi; Jonatan Jacobs; Gerard Kleyn; Tonny Mavimbela; Jeethan Singh 13h00 Lunch and Networking
14h00 Session Four Bene�ciation: is this the Holy Grail? Is bene�ciation the correct strategy in an energy-constrained environment?
Is there a case for localised value addition? Debunking myths and prevailing ‘wisdom’ International case studies: Indonesia, Canada, Australia, Chile, Botswana, Zimbabwe Chair: Chris Bishop, Managing Editor, Forbes Africa Claude Baissac, Managing Director, Eunomix Paul Jourdan, Spatial and Resource Based Development Consultant
14h30 Session Five The Energy Crisis and Changing Energy Mix: New developments in the World of Energy What are the solutions to the current energy crisis? Load shedding, what are the keys to minimising the pain? Contingency planning in the face of power cuts and for how long? Power generation and supporting infrastructure: linking energy projects to infrastructure What is the role renewables will play? Plans for gas IPP procurement and impact on energy users over time How can mining companies simultaneously reduce energy costs and capitalise on opportunities in the sector? The future for energy in SA and the rest of the African continent
Chair: Erik Wandrag, Senior Investment Director, Energy, Harith Maduna Ngobeni, Deputy Director, Department of Energy Brian Dames, Chief Executive, African Rainbow Energy & Power (“ARUP”) Mike Rossouw, Energy Thought Leader Thomas Garner, CEO, Cennergi
15h30 Afternoon Refreshments
16h00 Session Six The Lion’s Lair: New Project Pipelines Stimulate the Industry Panel of Investors and Funders: the Hungry Lions! • Private equity, bank funders, mid-tier miners Who is on the acquisition trail and what are they looking for? • Investment criteria How are banks making their project funding decisions in the current climate? Who is looking for capital? Projects both in SA and outside Bring your projects if you are brave enough to enter the “Lion’s Lair”!
Chair: Keith Scott, Managing Director, The MSA Group
Rob Still, Chairman, Pangea Group David Twist, Partner, African Mineral Exploration & Development Fund (AMED) Henk de Hoop, Business Development Director, Rand Merchant Bank Anton Mauve, Partner, Plinian Capital Alugumi Dzebu, Senior Investment Manager, Partnership Funds, Anglo American Sacha Backes, Senior Investment O�cer, Mining Investment Division – Africa, IFC
Rob Kiefer, Vice President Exploration, MinEx Projects Jon Stacey, President, Handa Copper Laurence Robb, CEO, Lerama Resources William Dawes, CEO, Mkango Resources Kerwin Rana, Executive Chairman, Sunbird Energy Ltd
17h30-19h00 Wine Tasting and End of Conference
HIGHLIGHTS FROM 2014
A spirited 2014 Joburg Indaba once again saw local and international speakers – CEOs, Government, Fund Managers, Analysts and other Captains of Industry join together in lively debates
and interesting discussions.
Some of the highlights of the event included:
- Bernard Swanepoel set the stage for a frank, open (and good humoured) conversation about the future shape of the mining industry
- Political big guns and Industry heavyweights shared their thoughts openly about what a world class, globally competitive, sustainable mining industry could and should look like
- Remarkable speaker line up of over 70 pre-eminent South African and international CEOs, investors, entrepreneurs and industry stakeholders
- Honourable Minister Advocate Ngoako Ramatlhodi of the Department of Mineral Resources called for an open dialogue with miners and tackled the subject of stability in the sector for
investors
- Gwede Mantashe on the importance of mining to the economy and building trust between government and industry
- Mark Cutifani provided a unique global perspective evaluating a new and sustainable approach for producers, providers of capital and all stakeholders
- The 3 ‘Ps’ were highlighted – Productivity, Pro�tability and Positive narrative
- CEOs and investors debated how value can be created for all stakeholders within the reality of today’s demands
- Fresh insightful perspectives were given by the next younger generation on the future of mining
- The audience was given tantalising insights from Venkat into AngloGold Ashanti’s technology journey
- Regulatory issues were hotly debated for both the mining and extractive industries
- A panel of heavyweights in the Energy sector revealed their thoughts on the potential of unconventional gas for SA and the wider region
- The Lion’s Lair was a lively and stimulating forum for funders and project owners which will be back by popular demand in 2015
- Industry delegates and media participated in debates and discussions as they took place on stage with leading �gures in the industry including:
mining’s importance to the economy; labour �exibility and productivity; better shareholder returns; the MPRDA; cost of compliance; modernisation and mechanisation; formula tax;
CEOs’ salaries and union wage demands amongst many other hot issues.
REGISTER HERE
Date: 14 - 15 October 2015
Venue: The Inanda Club Johannesburg
THINKspiration was at work once again at the 2014 Joburg Indaba mapping the conversation and the route forward in captivating visuals where a picture told a thousand words. With one of the main focuses at the Joburg Indaba being how to modernise the mining industry, THINKspiration put together a summary of �ndings of the outcomes that emerged from the open, honest and constructive conversation amongst industry stakeholders, which can be accessed on the website www.joburgindaba.com
Delegates were invigorated by the lively debates and passion shown by speakers as well as the chance to mingle and converse with industry heavyweights in an intimate environment.
MIGRATING TO THE FUTURE
ATTENDEE SPLIT BY INDUSTRY:
2014 SPEAKERS:
ATTENDEE SPLIT BY JOB TITLE:
Bernard SwanepoelHonourable Minister Advocate Ngoako RamatlhodiMinister, Department of Mineral ResourcesGwede Mantashe General Secretary, African National CongressValli MoosaChairman, Anglo American PlatinumMark CutifaniChief Executive, Anglo American CorporationFrans BaleniGeneral Secretary, National Union of MineworkersSrinivasan Venkatakrishnan (Venkat)Chief Executive O�cer, AngloGold AshantiBen MagaraChief Executive O�cer, Lonmin PlcNeal FronemanChief Executive O�cer, Sibanye GoldMike TekePresident, Chamber of Mines of South AfricaSipho NkosiChief Executive O�cer, Exxaro ResourcesGraham BriggsChief Executive O�cer, Harmony Gold Mining CompanyPeter SteenkampDirector, Sasol MiningStephen PhiriChief Executive O�cer, Royal Bafokeng PlatinumNorman MbazimaChief Executive O�cer, Kumba Iron Ore
Jim RutherfordNon-executive Director, Anglo American plcand former Capital Group Mining AnalystSandy McGregorPortfolio Manager, Allan GrayMike O’HareChief Operating O�cer, AngloGold AshantiJan SteenkampChief Executive, Strategic Services and Exploration, African Rainbow MineralsMichael SpicerProf Adam HabibVice Chancellor, Wits UniversityColin ColemanManaging Director, Goldman Sachs InternationalNicholas BinedellFounding Director Gordon Institute of Business ScienceSholto DolamoHead of Resources, StanlibCarel SmitHead of Energy & Natural Resources Southern Africa KPMG(Pty) LtdPeter LeonPartner - Mining & Energy Resources, Webber WentzelJohn Barton-BridgesCEO, Jonah CapitalHugh CallaghanBruce WilliamsonLead Fund Manager Imara African Resources Fund
Bevan JonesChief Executive O�cer, Thebe Resource IncubatorAlugumi DzebuFund Manager, Anglo Khula Mining FundDarryl HuntPartner, Dynamic Energy ConsultantsPulane KingstonPartner, Webber WentzelKevin HodgesMining Industry Champion, Industrial DevelopmentCorporation (IDC)Paul MillerMining and Resources Investment Banker, Nedbank CapitalNiël PretoriusChief Executive O�cer, DRD GoldAlec HoggKeith ScottManaging Director, The MSA GroupClaude BaissacManaging Director, Eunomix John SmelcerDirector, Head of Oil & Gas Sector Group, Webber WentzelPeter MajorMining Specialist, Cadiz Corporate SolutionsNema Ramkhelawan-BhanaAfrica Analyst, RMB Global Markets Research Ben SmitDirector, Pella Resources and Chairman, Aurigin ResourcesJacinto Rocha
Senior Lecturer Wits Mining SchoolMike RossouwEnergy Thought LeaderErik WandragBusiness Development, Cennergi James CampbellChief Executive O�cer, Rockwell DiamondsPaul SmithChief Operating O�cer, Wesizwe PlatinumHulme ScholesDirector, Malan ScholesRichard MontjoieProject Director, Lesego Platinum Mining Sacha BackesSenior Investment O�cer, International Finance CorporationHenk de HoopRand Merchant BankChris GoodaleChief Technical O�cer, The Waterberg Coal CompanyPrish GovenderProgramme Director, Group Capital, EskomNiall KramerShell SAOregopotse MaganoStudent, Wits UniversityComfort MatheniwaExplosives Engineer, Sasol Base Chemicals
Andrew MitchellPartner, Fasken MartineauMaria MoganediMine Manager, Village Main ReefMduduzi NobelaStudent, Wits UniversityEugene PreisAssistant Lecturer, University of PretoriaArchie RantaoChief Operating O�cer, Lerama ResourcesMaritz SmithChief Operating O�cer, Pangea ExplorationKhwezi TiyaExecutive Oil & Gas, Corporate & Investment Bankin, Standard BankClaire TuckerHead of Public Law and Regulatory, Bowman Gil�llanDavid TwistPartner, African Minerals Exploration & DevelopmentRoné ViljoenManaging Director, Beulah AfricaRobert WillesManaging Director, Challenger Energy
ATTENDEE SPLIT BY INDUSTRY:
2014 SPEAKERS:
ATTENDEE SPLIT BY JOB TITLE:
Bernard SwanepoelHonourable Minister Advocate Ngoako RamatlhodiMinister, Department of Mineral ResourcesGwede Mantashe General Secretary, African National CongressValli MoosaChairman, Anglo American PlatinumMark CutifaniChief Executive, Anglo American CorporationFrans BaleniGeneral Secretary, National Union of MineworkersSrinivasan Venkatakrishnan (Venkat)Chief Executive O�cer, AngloGold AshantiBen MagaraChief Executive O�cer, Lonmin PlcNeal FronemanChief Executive O�cer, Sibanye GoldMike TekePresident, Chamber of Mines of South AfricaSipho NkosiChief Executive O�cer, Exxaro ResourcesGraham BriggsChief Executive O�cer, Harmony Gold Mining CompanyPeter SteenkampDirector, Sasol MiningStephen PhiriChief Executive O�cer, Royal Bafokeng PlatinumNorman MbazimaChief Executive O�cer, Kumba Iron Ore
Jim RutherfordNon-executive Director, Anglo American plcand former Capital Group Mining AnalystSandy McGregorPortfolio Manager, Allan GrayMike O’HareChief Operating O�cer, AngloGold AshantiJan SteenkampChief Executive, Strategic Services and Exploration, African Rainbow MineralsMichael SpicerProf Adam HabibVice Chancellor, Wits UniversityColin ColemanManaging Director, Goldman Sachs InternationalNicholas BinedellFounding Director Gordon Institute of Business ScienceSholto DolamoHead of Resources, StanlibCarel SmitHead of Energy & Natural Resources Southern Africa KPMG(Pty) LtdPeter LeonPartner - Mining & Energy Resources, Webber WentzelJohn Barton-BridgesCEO, Jonah CapitalHugh CallaghanBruce WilliamsonLead Fund Manager Imara African Resources Fund
Bevan JonesChief Executive O�cer, Thebe Resource IncubatorAlugumi DzebuFund Manager, Anglo Khula Mining FundDarryl HuntPartner, Dynamic Energy ConsultantsPulane KingstonPartner, Webber WentzelKevin HodgesMining Industry Champion, Industrial DevelopmentCorporation (IDC)Paul MillerMining and Resources Investment Banker, Nedbank CapitalNiël PretoriusChief Executive O�cer, DRD GoldAlec HoggKeith ScottManaging Director, The MSA GroupClaude BaissacManaging Director, Eunomix John SmelcerDirector, Head of Oil & Gas Sector Group, Webber WentzelPeter MajorMining Specialist, Cadiz Corporate SolutionsNema Ramkhelawan-BhanaAfrica Analyst, RMB Global Markets Research Ben SmitDirector, Pella Resources and Chairman, Aurigin ResourcesJacinto Rocha
Senior Lecturer Wits Mining SchoolMike RossouwEnergy Thought LeaderErik WandragBusiness Development, Cennergi James CampbellChief Executive O�cer, Rockwell DiamondsPaul SmithChief Operating O�cer, Wesizwe PlatinumHulme ScholesDirector, Malan ScholesRichard MontjoieProject Director, Lesego Platinum Mining Sacha BackesSenior Investment O�cer, International Finance CorporationHenk de HoopRand Merchant BankChris GoodaleChief Technical O�cer, The Waterberg Coal CompanyPrish GovenderProgramme Director, Group Capital, EskomNiall KramerShell SAOregopotse MaganoStudent, Wits UniversityComfort MatheniwaExplosives Engineer, Sasol Base Chemicals
Andrew MitchellPartner, Fasken MartineauMaria MoganediMine Manager, Village Main ReefMduduzi NobelaStudent, Wits UniversityEugene PreisAssistant Lecturer, University of PretoriaArchie RantaoChief Operating O�cer, Lerama ResourcesMaritz SmithChief Operating O�cer, Pangea ExplorationKhwezi TiyaExecutive Oil & Gas, Corporate & Investment Bankin, Standard BankClaire TuckerHead of Public Law and Regulatory, Bowman Gil�llanDavid TwistPartner, African Minerals Exploration & DevelopmentRoné ViljoenManaging Director, Beulah AfricaRobert WillesManaging Director, Challenger Energy
3S Media - Inside Mining MagazineAcrux ResourcesAdamAu Mining and ResourcesAfrican Mineral Exploration and Development FundAfrican Mining BriefAfrican SpiritAfrican Sun MiningAndiamo ExplorationAnglo AmericanAngloGold Ashanti LimitedAppian CapitalApplied Geology and MiningAPTAurecon South AfricaBakgatla-Ba-Kgafela Investment HoldingsBeulah AfricaBrad Pitts ConsultingBrooke Pattrick PublicationsBrunswickBusara CapitalBusiness DayCadiz Corporate SolutionsCaldas EngineeringCanadian High Comm. Trade O�ceCanyon Shared ServicesCapital Drilling LtdChallenger EnergyChamber of Mines of South AfricaChrometcoCoastal FuelsCoga Mining ServicesCopperzone Resources LtdCredit SuisseDepartment of Mineral ResourcesDiamondCorpDRA Projects SADRD GoldEBJ Mining ConstructionElephant CoppereNCAEngineering News (Creamer Media)ENSafricaEunomixFalcon & Hume Attorneys Inc. Finvision VAT SpecialistsFox Consultants & Projects ManagersGCS-SAGeneral Exploration Limited, TanzaniaGeo Explore Store
Gestro Mining & Civil ConstructionGKBCTGold One Management ServicesGreyStreet CapitalGrindrod Rail OperationsHCI CoalHlabirwa JVHogan Lovells SAIFCImara African Resources FundImara S. P. ReidInformation TVInternational Finance CorporationJonah CapitalJSEKgaiso ResourcesKPMGKumuka AfricaLerama ResourcesLetaba Elihle Investments (LEI)Lifa CommunicationsLonmin Platinum Lordwick Real Estate Investment TrustLurco CoalMAC ConsultingMasimong GroupChamber of Mines of South Africa (Tag)Mergermarket Group
Metallon CorporationMimosaMindset Mining ConsultantsMine and Explore AfricaMinewebMingeomet InternationalMining CSIMining ProspectusMining Review AfricaMining WeeklyMiningmxMintekMontero MiningMotjoli ResourcesMRI Resources MSA GroupMukundi Mining ResourcesMvelo MineralsMwana Africa PLCNamakwa DiamondsNedbank CapitalNguvu Industries NicolminNkwali MineralsOmphile InvestmentsOmphile InvestmentsPAL SolutionsPanEx
PanEx ResourcesPangea ExplorationPangea GroupPella ResourcesPembani GroupPGM Management CompanyPQ Silicas SAPricewaterhouseCoopersProspective STUDENTQinisele ResourcesQinisele Resources - Nominated InvestorRand Merchant BankRed Sands MiningRe�ex AfricaRegius Resources GroupReuters AfricaRichard de Villiers and AssociatesRMBRockwell DiamondsRoth Investor Relations, USARoyal HaskoningDHVRussell and AssociatesRYCOB Small Business Chamber of Commerce and IndustrySA MiningSAZ EnterprisesServiços Atlantico
2015 SPONSORS
2014 ATTENDEES
SGS Time MiningSpiricap Resources SSC GroupStanlibSunbird Energy TEBATenova Mining & MineralsTenova TAKRAFThe Junior IndabaThe Mineral CorporationThe MSA GroupTHINKspirationTimes MediaTo The Point Growth SpecialistsToyota Financial ServicesTransamine TradingTransnetTshipi é NtleUmbono CapitalUmnotho Rock EngineeringVantage Gold�eldsVAPO FoundationVBKOM Consulting EngineersVemym DeloitteVillage Main ReefWebber WentzelWits Mining School
HEAR WHAT LAST YEAR’S ATTENDEES HAD TO SAY
I thoroughly enjoyed the Joburg Indaba, it was really informative and getting to mingle with and hear from the captains of industry was incredible....My gratitude is beyond words
This week’s Joburg mining Indabahas been described as encouragingby company CEO’s and analysts. The gathering has built trust among government, mining companiesand labour.www.miningne.ws
Anybody who knows anything about mining, especially in South Africa, is here and you can take the top 100 people here, break them up into groups of 10, and you can literally start another Anglo American.Peter Major
Thank you to the organizers for extending an invite to deliver an address at this occasion under the theme Investing in Resources and Mining in Africa. It is indeed anhonour.Minister Ngoako Ramatlhodi
Providing the opening keynote address at this year’s Joburg Mining Indaba, Honourable minister advocate Ngoako Ramatlhodi, minister of the department of mineral resources, was quick to reiterate the importance South Africa’s mining sector to the country’s economy. Laura Cornish, Mining Review
Providing the opening keynote address at this year’s Joburg Mining Indaba, Honourable minister advocate Ngoako Ramatlhodi, minister of the department of mineral resources, was quick to reiterate the importance South Africa’s mining sector to the country’s economy. Laura Cornish, Mining Review
Speaking openly and honestly could be considered progressive for a mining minister in light that his predecessors preferred the ‘ostrich head in the sand’ approach. Laura Cornish, Mining Review
So how can South Africa build a world-class, globally competitive, sustainable mining industry? This is the central theme running through all of the critical conversations being held at the Joburg Indaba.Mining Weekly
Mark Cutifani, CE of Anglo American joins the esteemed group of mining and investor heavyweights, as the keynote speaker and he will give his voice on the labour issues that have crippled the industry and the challenging trade-o�s between cost, productivity and unemployment, highlighted by the mechanisation versus labour debate. Mining Weekly
Opportunities and solutions that could outline the route to a competitive and sustainable mining industry will be thrashed out at this year’s event amongst various leaders, game changers, and entrepreneurs in both the mining and investment sectors.Mining Weekly
Those operating in these industry sectors should participate in this event and make a valuable contribution, interact, engage and debate in a no holds barred, blunt but constructive dialogue on these and other critical issues.Mining Weekly
Congratulations on running a very successful conference. We certainly enjoyed being involved in it and look forward to being involved again next year.
Great line-up of speakers. Bernard Swanepoel’s direct and frank facilitation was refreshing and worked really well
It was such a privilege to be part of yet another successful Joburg Indaba. I’m really excited about the “future of mining” and especially about being part of the “next generation” having to �gure out a way to make it work. Thank you for creating such a platform.
Thank you for the opportunity and congratulations on organising such a successful event which is a great credit to you and your colleagues. Clearly much work needs to be done by all parties to re-build the industry, but I believe that the indaba has made a great start with this process.
I extend to your team and you our warmest congratulations. You put up a �rst class show! You can therefore count on us for next year, as sponsor and contributor.
The conference was phenomenal. I particularly enjoyed how most speakers were looking into the future and taking a longer term view on how to resolve challenges in SA mining. The line-up was also incredible. Lastly, I thought having the future leaders panel was also an excellent touch as the baton has to be handed to the next generation at some point.
Well done and congratulations on organising and facilitating a fantastic event. The calibre of the speakers was exceptionally high and the content of the discussions was really relevant and very interesting. I will certainly be back next year - with a few colleagues to join.
Joburg Indaba in the News!There’s more channelled brainpower and experience here I think than any mining conference I’ve ever been to.Peter Major
2014 JOBURG INDABA FACT FILE
148% 186%
Total Attendees in 2014: 461ATTENDEE INDUSTRY SPLIT
MiningInvestment
Mining SupplierConsulting
EPC ContractorAcademic
AdvisoryLaw Firm
Professional BodyInsurance
1 38%
17%
16%
12%
4%
3%
3%
3%
3%
1%
2
3
4
5
6
7
8
9
10
Top Attending Job Titles:
Chief Executive Officer Managing Director
Director
Manager Business DevelopmentPartnerAnalystPublic Affairs
17%12%
10%7%
6%5%5%5%
YoY Growth: 2013 vs 2014
2014 Media PartnersDelegate increase: 148%Media Onsite Increase: 186%
Mining MirrorInside MiningMiningne.wsMining WeeklyEngineering NewsCoal InsightAfrican Mining Brief
Mining CSIMining Review AfricaFrontier Market IntelligenceAfrican Mining ResourcesMining ProspectusSA MiningMiners Choice
Mining in AfricaBusiness Day OnlineThe SowetanTimes Live
DELEGATE REGISTRATION FORM
14 - 15 OCTOBER 2015THE INANDA CLUB, JOHANNESBURG
Please note that delegates’ attendance at the conference cannot be con�rmed until payment in full has been received. For any enquiries please contact the registrations department on: +27 (0)11 047 4680 / +27 (0)83 685 8777 or [email protected]. Please email the completed form to [email protected] or fax it to +27 (0)86 528 0743 Banking details for Joburg 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 Joburg Indaba website.
2 day conference package:14 & 15 October 2015
2 day conference package PLUSpre-conference dinner (13 October)
Early BirdMining, Investors and Government
Other (Suppliers)
* Prices quoted are exclusive of VAT * Early bird - Register & Pay Before 14 August
Standard Pricing Early Bird Standard PricingPlease Tick the Appropriate Box
R8500
R9500
R9500
R11000
R9450
R10450
R10450
R11950
Lead Sponsor