Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
HONG KONG (March 25 2014) – RungePincockMinarco (RPM) will take the stage twice this week in Hong Kong to share their insight on finding new value in existing operations and Chinese outbound investment trends in the new mining environment.
At Mines and Money Hong Kong, RPM will address the delegation on the opportunities that currently present themselves for miners to optimise their current operations by reviewing the technical operating parameters, planning systems and day to day activities.
“Over the past 10 years many projects were pushed into production to capitalise on historically high commodity prices and investor interest but they weren’t always well optimised,” said Mr. Philippe Baudry, Executive General Manager for Advisory Services at RPM.
“In the new environment where prices are volatile, a drive to reduce operating costs, increase productivity and accurately forecast capital has rightly emerged. In our presentation at Mines and Money we will explore some of the great opportunities that result from this shift including everything from testing long term strategic goals of a project to the day to day practices which can have an immediate impact on operating margins.”
RPM’s Principal Processing Engineer, Dr. Andrew Newell will host the presentation at Mines and Money on Thursday the 27th of March at 10.10am.
Also this week, RPM will be involved in the PwC IPO Centre Breakfast briefing on China outbound investment.
RPM will join other market practitioners and advisors on the panel to discuss recent trends, challenges, outlook and cases.
Mr. Jeremy Clark, RPM’s Operations Manager in Hong Kong will be part of the panel discussion on Thursday the 27th March starting at 9am at the PwC Executive Conference Center, 21/F, Edinburgh Tower, The Landmark, 15 Queen’s Road Central, Hong Kong.
Interested parties can register their interest for the PwC breakfast briefing at http://www.pwchk.com/home/eng/event_ipo_centre_mar2014.html.
RPM will be at booth F10 at Mines and Money Hong Kong which is running from 24-28 March 2014 at the Hong Kong Convention and Exhibition Centre.
