Mineral Project Valuation Webinar Series

Overview

The travel restrictions have meant that the Mineral Project Valuation Colloquium cannot be run in the usual traditional format. However, this is an opportunity to get an international expert from the USA to present during the series. Trevor Ellis (Ellis International Services Inc, USA) has agreed to be the keynote speaker in the first webinars on 28 July 2021. The focus for this session, as well as the following discussions, will be on some of the newer challenges with valuation. This will certainly add value for the 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 keynote speaker will be followed by presentations focusing on some of the more practical aspects of valuations in the local context

Objectives

• To overview basic theory and principles of valuation techniques and focus on the commonly used DCF technique
• To cover aspects that commercial and development banks look for when deciding to fund a project
• To address aspects that mining companies consider in mineral project valuation
• To evaluate risk in mineral project valuation
• Impact of changes in the accounting standards
• To look at the implications of environmental and social aspects of valuation

Who should attend

• Exploration geologists
• Mining engineers involved in feasibility studies
• Project managers
• MRM managers
• Mineral industry advisory consultants and academics
• Accountants/auditors in mining and metals sector
• Professionals involved with mining project reviews
• Financial managers
• Chief financial officers
• Mineral project valuators and anyone with an interest/responsibility in mineral project valuation

Contact

FOR FURTHER INFORMATION, CONTACT:
Gugu Charlie, Conference Coordinator,
E-mail: gugu@saimm.co.za
Tel: +27 11 834-1273/7

Keynote Speakers

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.”