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Annual Meeting Preliminary Program - Full Brochure (PDF) - SME

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keynote<br />

The<br />

Mineral<br />

Supercycle:<br />

Past,<br />

Present<br />

and<br />

Future<br />

Speaker: DOUGLAS B. SILVER<br />

Chairman and CEO,<br />

International Royalty<br />

Corporation, Engelwood, CO<br />

Monday, February 25, 2008<br />

9:00 AM<br />

Salt Palace Convention Center<br />

Salt Lake City, Utah<br />

Sponsored by:<br />

Aker Kvaerner<br />

For most of our careers we have suffered from low commodity prices. This changed in 2002 and has led to the greatest bull<br />

market for minerals in recorded history. Thousands of new jobs have been created and hundreds of new companies have been<br />

formed. Billions of dollars of new investments into this sector has led to skyrocketing share prices and led to major new mineral<br />

discoveries and the development of new mines. The opportunity for vast rewards are so high that the St. Barbara Retirement Home<br />

for Miners was recently closed due to late night escapes.<br />

The emergence of a modern mineral boom is complicated due to the myriad of global influences. This keynote address will review<br />

today’s Supercycle. It will discuss the roots causes, the role of current events and provide insights into the duration and outlook<br />

for the future.<br />

7

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