|Date||28 July 2021|
|-||29 July 2021|
|Location||The Canvas Riversands, Fourways, Johannesburg, South Africa|
Mineral Project Valuation Announcement CFP Presentations18112020.pdf
Mineral Project Valuation Sponsorship Opportunties 2021-18112020.pdf
The SAIMM announces the 5th Mineral Project Valuation Colloquium. This very successful Colloquium has been run in 2011, 2012, 2014 and 2017. The Colloquium will start with the basics for determining market values for mineral projects using the Income Approach (Discounted Cash Flows). The Colloquium will then progress to advanced discussions around shortcomings of the various current methods as well as new approaches. This colloquium will thus cover a broad selection of topics and should be of value for anyone in the mineral asset valuation (MAV) space. Whether you a mining engineer, project geologist or consultant, the lessons, presentations, and discussions will cater to all experience levels, from novice to highly experienced valuators.
At this point in time, the event is planned as a hybrid conference with international participation, which will allow for contact and online attendance and presentation. We are still in Stage 1 Lock down in South Africa as a result of COVID-19. We will monitor the situation, and if it appears that the effects of the pandemic are still such as to pose a threat to the health and safety of delegates, or restrictions are lifted to allow for more contact participation and international travel, the event delivery method will be adjusted accordingly.
Please submit your abstracts and papers as these will be peer reviewed and published for all contact and hybrid/online conferences.
The focus for the first day will be on best practice in valuation techniques. This will be targeted at those who do not perform valuations regularly and in need of a refresher or those looking to develop valuation skills and enter into a new field. This will also be of use to those working in industry who are exposed to or interact with valuations. Those that are looking to engage more meaningfully to improve their decision making and insights into mining and the potential of projects and companies.
The focus for the second day will be on more advanced topics and discussions on some of the challenges with valuation. This day is generally of benefit to more experienced valuators although it can be helpful for less experienced valuators to have exposure to issues that will confront them in the future. It is also an opportunity for them to understand the limitations of valuations and the data on which valuations are based. The discussion of these limitations is intended to improve the ability of experienced valuators to interpret their valuations and for discussions on ways to contextualise valuations and provide more insightful feedback.
FOR FURTHER INFORMATION, CONTACT:
Gugu Charlie, Conference Coordinator,
Tel: +27 11 834-1273/7
Steve Gemell has more than 40 years' experience in the mining industry, having worked throughout Australasia and in Africa, North and South America, Asia, Eastern and Western Europe. He has been Principal of Gemell Mining Engineers, an independent multi-discipline consultancy, since its formation in Kalgoorlie in 1984, and has also been an associate corporate consultant of SRK since 2016. He specialises in mineral property assessment, strategic studies and valuation, and has provided expert witness in these areas continuously for more than a decade.
His experience includes operational management in underground and open pit mining in positions from shift boss (at Libanon and Venterspost) to resident manager (in Australia), which has also involved the control of CIP/CIL, flotation, magnetic separation and gravity processing plants. He has subsequently held more than twenty-five executive and non-executive directorships - including the positions of technical director (of Zimplats), managing director, and ten appointments as chairman - in ASX-listed and other active mining companies.
Steve previously held a long-term appointment as Visiting Fellow at the University of New South Wales (UNSW), and currently lectures on a casual basis to post-graduates at UNSW on mineral economics, mineral asset valuation and mine management systems. He also currently advises on mineral asset valuations and mine feasibility studies in Mongolia, on behalf of the Australian Government.
He is a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), a Chartered Professional (Mining), and a Member of the American Institute of Mining, Metallurgical and Petroleum Engineers. He has been an AusIMM representative on the VALMIN Committee since 2010, and is also a VALMIN representative to the International Mineral Valuation Committee (IMVAL), which he chaired in 2018 and 2019.
TREVOR R. ELLIS
Trevor Ellis has been the invited U.S. speaker on industry valuation standards at many conferences worldwide, including presenting papers on three occasions at the United Nations in Geneva. Of his 90 professional papers, approximately 50 have been published, 19 as peer reviewed papers.
Ellis began his career in 1970 as an exploration geologist, then mineral economist, subsequently specializing in market valuation of mineral properties. He currently works as a valuation expert for litigations. He has a B.S. geology from the University of Melbourne, an M.S. in mineral economics from the Colorado School of Mines, and is a Certified Minerals Appraiser by the International Institute of Minerals Appraisers (IIMA).
In 2001, Ellis founded the Extractive Industries Expert Group of the International Valuation Standards Committee. While he was chair, through 2008, the group developed extractive industries valuation standards, first published in the 2005 International Valuation Standards, and wrote influential submissions to major international institutions. IIMA adopted their best practice guidelines.
In 2012, Ellis formed the Valuation Standards Committee of the Society for Mining, Metallurgy, and Exploration (SME), leading the development of the 2016 and 2017 editions of the SME Valuation Standards. He represented SME on the International Mineral Valuation Committee (IMVAL) for six years, from its founding in 2012.
Ellis received the 2018 Mineral Economics Award of the American Institute of Mining, Metallurgical, and Petroleum Engineers, “In recognition of his tireless leadership in mineral property valuation.”
The Canvas Riversands: Measures taken regarding COVID19
Johannesburg, 12 March 2020 – As a responsible venue and in line with our company values, the health and wellbeing of all who attend events hosted at The Canvas Riversands is a priority.
We clean our facilities on a daily basis using the industrial quality cleaning materials and disinfectants. However, in light of COVID19, we have instituted the following additional measures to mitigate against the spread of the disease:
We recommend that event organisers also consider the following actions in hosting events:
VENUE Events Administrator
Tel: +27 (0) 11 012 4600
Mobile: +27 (0) 73 154 9857