May/June 2013 - The ASIA Miner
May/June 2013 - The ASIA Miner
May/June 2013 - The ASIA Miner
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From <strong>The</strong> Editor<br />
Networking vital in difficult times<br />
IN these difficult times for the mining industry the support factors of networking<br />
and education are more important than ever. Establishing, maintaining<br />
and growing networks can provide many benefits to mining<br />
companies and the METS sector – chatting with like-minded peers, discussing<br />
successes and failures, sharing expertise, and learning about different<br />
situations. Education is always important in developing business<br />
but during troubled times it is even more important as this is when things<br />
must be done better or differently if companies are to survive.<br />
<strong>The</strong>re are a number of different ways to network and be educated, most<br />
By John Miller /Editor<br />
of which take up valuable time and more often than not some expense.<br />
This is why it is important to carefully consider how you approach this and not just attend as many<br />
events as possible. After all, if desired, you could spend every day of the year at a conference,<br />
workshop, expo, forum, club or other mining event. You must consider what you are producing,<br />
who you hope to meet, what direction you want to take your business, how you want to wade<br />
through government regulations, what markets you want to improve on or open up, the cost of<br />
doing so and who else will be there, and then you must also take on board what other people are<br />
saying about the event and weigh up whether or not that will apply to your objectives.<br />
<strong>The</strong>re is plenty of negativity surrounding the industry due to uncertain global economic conditions,<br />
unpredictable commodity prices including declining gold prices, political risk, environmental pressures,<br />
resource nationalism and lack of financing available for exploration, development and expansion<br />
projects. Negativity breeds negativity and depression, aided by the mass media which always<br />
seems to focus on the bad news. This is unhealthy for the industry and is exacerbated if you attend<br />
an event where the vibe is not positive. Of course, this is hard to judge beforehand and is where advice<br />
from peers, friends or other network participants can be taken on board.<br />
Unfortunately this year’s PDAC convention in Toronto, arguably the world’s biggest annual<br />
mining investment event, was depressed with investors only willing to look at the very best projects<br />
and a general lack of confidence much more evident than at any other recent PDAC convention.<br />
Just two weeks later the Mines & Money Hong Kong event was more positive for<br />
investment, possibly because of the Chinese factor and the location closer to the new epicentre<br />
of world mining as well as to Australia, which seems a little more resilient in regards to mining<br />
than North America at the moment.<br />
<strong>The</strong> same positive atmosphere was easy to detect at Ozmine in Jakarta during April although<br />
exhibitors were primarily from the METS sector rather than mining companies and despite the<br />
fact that there is still uncertainty present in Indonesia’s mining sector. This event probably illustrated<br />
the importance of networking and education more than any other recent event. Many exhibitors<br />
were new to the event and were open to sharing and learning from other exhibitors and<br />
attendees. Because of this open attitude, many were optimistic and enthusiastic about the opportunities<br />
for new business generated from Ozmine, with much of this occurring at social events<br />
organized around the conference.<br />
This enthusiasm appears to have rubbed off on new initiatives announced at the time, including<br />
two new mining clubs organized by Mining Media International, publishers of <strong>The</strong> <strong>ASIA</strong> <strong>Miner</strong>. <strong>The</strong><br />
success of the Melbourne Mining Club is recognized globally and while there are many mining clubs<br />
around the world striving to reach this elevation, the timing of the launch of Djakarta Mining Club and<br />
Coal Club Indonesia as well as the networking opportunities they will offer companies trying to benefit<br />
from Indonesia’s rich endowment of mineral resources, appears to be spot on.<br />
<strong>The</strong>re were more than 130 people at the launch of the clubs and the announcement of initial club<br />
sponsors - Caterpillar, Reed Exhibitions and Weir <strong>Miner</strong>als - and there was strong interest shown by<br />
other potential sponsors as well as future club participants at the launch as well as during Ozmine<br />
and other related events that week (contact dabdillah@mining-media.com). It seems the importance<br />
of networking and education during these difficult times for the industry was recognized by many.<br />
WWW.<strong>ASIA</strong>MINER.COM<br />
<strong>The</strong> <strong>ASIA</strong> <strong>Miner</strong>®<br />
Suite 9, 880 Canterbury Road,<br />
Box Hill, Melbourne,Victoria, 3128 Australia<br />
Phone: +61 3 9899 2981 Mobile: + 61 417 517 863<br />
Editor —John Miller, jmiller@mining-media.com<br />
Graphic Designer—Christine Hensley, chensley@mining-media.com<br />
Editorial Director—Steve Fiscor, sfiscor@mining-media.com<br />
Europe—Simon Walker, simon.iets@btinternet.com<br />
North America—Russ Carter, russ.carter.emj@gmail.com<br />
Latin America—Oscar Martinez, omartinez@mining-media.com<br />
South Africa—Antonio Ruffini,antonior@webafrica.org.za<br />
SALES<br />
Publisher—Lanita Idrus, lidrus@mining-media.com<br />
North America—Victor Matteucci, vmatteucci@mining-media.com<br />
Germany, Austria, Switzerland— Gerd Strasmann<br />
strasmannmedia@t-online.de<br />
Rest of Europe—Colm Barry, colm.barry@telia.com<br />
Jeff Draycott, jeff.draycott@WOMPint.com<br />
Japan—Masao Ishiguro, Ishiguro@irm.jp<br />
Indonesia—Dimas Abdillah, dabdillah@mining-media.com<br />
Mining Media International<br />
8751 East Hampden Ave, Suite B-1<br />
Denver, Colorado 80231, U.S.A.<br />
Phone: +1 303-283-0640 Fax: +1 303-283-0641<br />
President—Peter Johnson, pjohnson@mining-media.com<br />
Subscriptions: $120/year—Tanna Holzer,<br />
tholzer@mining-media.com<br />
Accounting—Lorraine Mestas, lmestas@mining-media.com<br />
<strong>The</strong> <strong>ASIA</strong> <strong>Miner</strong>® is published six times per year by Mining Media<br />
International. Every endeavour is made to ensure that the contents<br />
are correct at time of publication. <strong>The</strong> Publisher and Editors do not<br />
endorse the opinions expressed in the magazine. Editorial advice<br />
is non-specific and readers are advised to seek professional advice<br />
for specific issues. Images and written material submitted for<br />
publication are sent at the owners risk and while every care is<br />
taken, <strong>The</strong> <strong>ASIA</strong> <strong>Miner</strong>® does not accept liability for loss or damage.<br />
<strong>The</strong> <strong>ASIA</strong> <strong>Miner</strong>® reserves the right to modify editorial and advertisement<br />
content. <strong>The</strong> contents may not be reproduced in whole<br />
or in part without the written permission of the publisher.<br />
Copyright <strong>2013</strong> Mining Media International Pty Ltd<br />
ISSN: 1832-7966<br />
2 | <strong>ASIA</strong> <strong>Miner</strong> | <strong>May</strong>/<strong>June</strong> <strong>2013</strong>