INVESTMENT SUMMIT - Euromoney Institutional Investor PLC

PRESENTS THE
3RD ANNUAL
GOLD
INVESTMENT
SUMMIT
Euromoney Seminars are delighted to
announce the 3rd Annual Gold
Investment Summit. If you are a fund
manager, institutional investor,
producer, analyst, central bank or
exchange involved in the gold or
precious metals industry, or are seeking
to expand your role in the global gold
markets, this event is for you.
This high profile and timely event will
provide an ideal opportunity to gauge
the potential of this important market
and identify optimal strategies for
maximising investments in the current
economic climate.
• Discover where new reserves are
coming on line and the impact these
will have on the markets and
producers
• Hear directly from high profile producers
including Gold Fields Ltd, Anglogold
Ashanti, Barrick Gold Corporation, Placer
Dome Inc and Kinross Gold Corporation
• Examine the new frontiers for gold
exploration and production
• Consider the role of hedging in the
21st Century
• Review the interaction between the
global economy and the exploration
cycle and when that cycle is likely to
change. Will funds go short Where are
the risks Which direction will the
market take next
• Hear key regional discussions looking
at production and investment in Russia
and Africa, Asia and South America
• Analyse the changing face of the
industry as consolidation continues
and explore the future of money flows
into gold exploration and mining
• Hear first hand institutional investor
perspectives on the drivers for gold
investment – review the instruments
available and where new
opportunities will open up
Whatever your role in the Gold markets,
you should not miss this unique
opportunity to network with your peers,
review the latest industry trends and
hear how you can make investments in
gold really work for you.
To reserve your place now call our
Hotline on +44 (0)20 7779 8999 or
email hotline@euromoneyplc.com
We look forward to welcoming you to
the Gold Investment Summit.
DAY 1
0830 Registration and morning coffee
0900 Welcome and opening remarks
Tony Fell, Chairman, RBC Capital Markets
0915 Barrick: A perspective of the gold industry
Gregory Wilkins, President and Chief Executive Officer, Barrick Gold
Corporation
Conference Chairman: Georges Lequime, Vice President, Gold & Precious
Metals Analyst, RBC Capital Markets
0945 The macroeconomic environment and the gold
investment industry
• Assessing how the macroeconomic environment impacts the health of the
gold investment industry
• When is the cycle likely to change
o Will funds go short
o Where are the risks
o Which direction will the market take next
Dennis Gartman, Editor & Publisher, The Gartman Letter
1010 Where will the reserves and resources come from
• Analysis of current world resources
• Rate of production/required rate to find new reserves
• Current and future money flows in the industry
• Assessing which new projects are finding investment monies
• Analysis of big projects and examining which projects are now coming back
on line having been put on hold
Paul Burton, Editor and Publisher, World Gold
1030 Coffee and an opportunity to network
1100 The role of hedging in the 21 st Century
Senior Representative, RBC Capital Markets Commodities Team
1115 Role of gold jewellery in driving demand for gold
• Strategies in the jewellery industry to drive demand for gold
• Demand for gold jewellery in relation to competitive products
Philip Olden, Managing Director, Marketing and Jewellery, World Gold
Council
1135 Replacing gold reserves
• Specific projects to increase reserves in 2004
Robert R. Buchan, President and Chief Executive Officer, Kinross Gold
Corporation
1205 Managed risk beyond mature gold regions
Gordon Wylie, Executive Officer, Exploration, Anglogold Ashanti
Richard Duffy, Executive Officer, Business Development, Anglogold Ashanti
1235 Lunch
Sponsored by
Luncheon Address
• The first 100 years of the industry and how it has evolved
• Importance of the producers to the gold industry
• Where gold stands in relation to the US dollar, and its role in the monetary system
• Is there a new boom market for gold New ways of investing
• The importance of the growth of China in driving gold demand
Barry Riley, Columnist, Financial Times & Financial News
1400 Extracting maximum value from long life mines
Bernard Swanepoel, Chief Executive Officer, Harmony Gold
Ferdi Dippenaar, Executive Director, Harmony Gold
1430 A focus on exploration
Geoff Handley, Executive Vice President, Strategic Development,
Placer Dome Inc.
1500 Coffee and an opportunity to network
BREAKING NEW FRONTIERS IN THE INDUSTRY
1520 Panel: Asia
Introduction from World Markets Research
Amit Chanda, Senior Research Analyst - Asia, World Markets Research Centre
• Increasing physical investment across Asia
Senior Representative, Zijin Mining Industry Co Ltd
Further panelists to be announced
1600 Panel: Central Asia and Russia
Introduction from World Markets Research
Venla Sipila, Economist - Eastern Europe, World Markets Research Centre
• The Soviet legacy – massive database
• Opening up new fields
• The drive to replace reserves
• Consolidation in the market
Panel Moderator: Rob Edwards, Research Director, Renaissance Capital
Kevin Foo, Managing Director, Celtic Resources Holdings Plc
Bill Trew, Chief Executive Officer, Oxus Gold plc
Len Homeniuk, President and Chief Executive Officer, Centerra Gold Inc.
1645 Panel: Fund manager perspective on the gold industry
• The place of gold in a balanced portfolio
• Benchmarking and portfolio optimisation
• New opportunities opening up through new frontiers
Panel Moderator: Robert Guy, Non-Executive Director, The Royal Mint
Graham Birch, Managing Director Natural Resources Sector Funds,
Merrill Lynch Investment Managers
Kjeld Thygesen, Director, Lion Resource Management
Trevor Steel, Managing Partner, Baker Steel Capital Managers LLP
1730 Chairman’s closing comments followed by drinks reception
DAY 2
0830 Registration and morning coffee
0900 Chairman’s welcome and opening comments
Conference chairman: Joe Hamilton, Mining Analyst, RBC Capital Markets
0910 Panel: The role of gold as a currency as well as
an investment instrument
• Central banks’ perspective on gold as a reserve asset and a store of value
• Gold sales agreement between central banks
• Gold as a store of value
Senior Representative, Swiss National Bank
Peter Zoellner, Executive Director & Member of the Governing Board,
Central Bank of Austria
Further panelists to be announced
0950 Panel: South America
Introduction from World Markets Research
Nick Ashwell, Research Manager - Latin America,
World Markets Research Centre
• The gold markets of Brazil, Argentina, Peru
Raul Benavides, Vice President Business Development, Compañia de Minas
Buenaventura SAA
Further panelists to be announced
1030 Coffee and an opportunity to network
1100 Panel: Meeting the challenges in Africa
Introduction from World Markets Research
Gus Selassie, Research Manager - Africa, World Markets Research Centre
• Managing the challenges of mature mines and a strong currency
• What are the opportunities outside of South Africa
Hamish Bohannan, Managing Director, Gallery Gold Limited
Mark Bristow, Chief Executive Officer, Randgold Resources
Peter Cowley, President and Chief Executive Officer, Banro Corporation
Trevor Schultz, President and Chief Executive Officer, Guinor Gold Corporation
1145 Gold Fields and the new frontiers
Ian Cockerill, Chief Executive Officer, Gold Fields Limited
1215 Panel: The future outlook for the gold industry
Ferdi Dippenaar, Executive Director, Harmony Gold
Geoff Handley, Executive Vice President, Strategic Development,
Placer Dome Inc.
Ian Cockerill, Chief Executive Officer, Gold Fields Limited
1245 Close of conference and lunch
ARE YOU INTERESTED IN RAISING YOUR
PROFILE IN THE GOLD MARKETS
A number of sponsorship and exhibition opportunities are
available in association with this event. These can be tailor-made
to suit your business and marketing plans, including:
• Lunch sponsorship
• Exhibition stand
• Conference bags
For further information and to discuss your requirements please
contact: William Kelso, tel:+44 (0)20 7779 8514,
email: wkelso@euromoneyplc.com
Unrivalled networking
opportunities
Take advantage of this unique opportunity to meet
key industry players. Institutional investors who
attended the event in 2003 include:
Franklin Mutual Series • Fleming Family & Partners •
Henderson Global Investors • Deutsche Asset Management
Investment Services Ltd • Fidelity Investment Services
• American Express • Bearbull • Colonial First State
Investments Limited • Anod Bank • Fox-Davies Capital
• Sarasin Investment Management Ltd • R H Asset
Management Ltd • BW Bank Stuttgart • Russel & Associates
• Asset Value Investors • Gold 2000 Ltd • Roger Harris
& Company • Chatsworth Management Services • Rieter
Management AG • Insight Investment • United European
Bank • LGT Capital Management Ltd • Bullion Management
Services Inc • Morgan Stanley & Co Ltd • Venaglass Ltd •
NCL Smith & Williamson • Oakwood Global Markets • Midas
Capital • Flagship Investments • Gerrard • RAB Capital •
Mercer Investment • Erste Financial Products Ltd • Ravenna
UK Ltd • N M Rothschild & Sons • Sanlam Investment
Managers • Union Investment Privatfonds GmbH • Theodoor
Gilissen Securities • Morgan Stanley Quilter • Rothschild
Private Management Ltd • Merrill Lynch Investment Managers
• Soros Funds Ltd
www.euromoneyplc.com
© Euromoney Seminars 2004. The programme may change due to
unforeseen circumstances and Euromoney Seminars reserves the
right to alter the venue and/or speakers. Euromoney Seminars is a
division of Euromoney Institutional Investor PLC.