The Westin, Lima

2019 Agenda


5th November 2019

Icebreaker cocktail reception

Terraza Merino Reyna Bar, The Westin Lima

Session ends: 20:00

6th November 2019

Coffee & registration
Session ends: 08:50
Opening comments from the Ministry of Mines & Energy, Peru
Session ends: 08:55
Chairperson’s opening remarks
Session ends: 09:00
KEYNOTE: Making sense of today’s world: How are metals prices being impacted by a combination of global growth and macro volatility?
  • What impact has been felt by the Trade Wars? Is resolve in sight?
  • Where will interest rates go in 2020? What are the implications for commodity prices?
  • How accurate is the assessment that the world economy will continue to grow, given ongoing political and macro challenges?
Session ends: 09:20
Mapping the mining landscape in 2019-2020: What shifts can be expected and where does the sector sit in the global economy?
  • What has been the overall impact of the Trade War been on the sector? How long can we expect to see its delayed effects for?
  • What are the implications of the last year of industry titans M&A? What are the priorities of newly merged companies?
  • What are larger companies looking for across Latin America? Where do they see value? How pressing is the need to replace reserves?
  • How are stakeholders responding to the recent tailing dam collapses?
  • How does the appeal of mining in Latin American compare with other geographies?
  • Where are prices currently at? What are global inventories on base, precious and battery materials? What future changes in consumption will impact demand, and when?
Session ends: 10:05
Fireside Chat – Pricing copper in 2020 and beyond: How is the industry anticipating inventory and need?
  • Where do supply and demand currently sit? What projects are coming online in the next 12-36 months in Latin America and elsewhere? Will this be enough to fill current shortages?
  • To what degree has pricing responded to this? Have we seen a release of demand?
  • What will be the primary drivers of demand in the short and long term?
  • What is the assessment from producers? How much capex are they directing into copper exploration/expansion in the next two years?
Session ends: 10:40
Coffee & Networking
Session ends: 11:00
Following through on the hype: Battery metals in Latin America
  • Where do global deposits currently stand? What is Latin America’s share of this currently, and which way will production shift geographically?
  • From developing value-added activities to managing resource booms – what strategies are countries developing?
  • What technical developments will impact the demand and supply for cobalt, lithium and nickel, and how?
  • Where have the latest strikes been? What majors are acquiring stakes in the battery metals, and where?
  • What positions have different investors taken? How have the bulls performed, and what is future appetite?
Session ends: 11:45
What financing needs does the 2019-2020 wave of mergers & acquisitions present? How can these needs be best met?
  • What are the implications for 2019’s M&A for the region?
  • Will there be follow through on the global mega-mergers at the local mid-market and junior levels?
  • Following the re-evaluation of non-core assets, what are the opportunities and for whom? What is the appetite for this sell-off?
  • How can transactions be structured to ensure returns to shareholders/avoid shareholder dilution?
  • What are the financial implications of the recent tailing dam collapses?
  • How have joint ventures allowed companies to overcome shareholder concerns over acquisitions?
  • What have junior miners done to successfully attract buyers for their assets in Latin America?
  • What are bankers advising clients on both sides?
Session ends: 12:30
Understanding where value is found: what are investors looking for in Latin American mining projects in 2019-2020?
  • What determines value when listing on stock exchanges?
  • How do priorities (reserve life, ESG etc) differ between different types of investors? Which criteria should miners address to unlock different pools of liquidity?
  • Off the fence: Which institutional investors are leading and will others follow or continue waiting on an increase in commodity prices?
  • What is the current view from life and pension funds? How has their involvement in the sector development in last 12 months?
  • How can you identify and attract high new worth/family offices in South America to your project?
Session ends: 13:15
Networking Lunch
Session ends: 14:15
Coffee and networking
Session ends: 15:35
What’s a junior to do? Where are the financing opportunities in a dry market and how can equity investor appetite be rebuilt?
  • What is the role of the junior explorer in the global/Latin American context?
  • What should juniors target as a means to generate wealth for its investors?
  • Securing financing without being listed: What are the alternatives to the equity market for a junior?
  • How do juniors assess private placements and streaming/royalties? Where are the success stories? What are the challenges, and how are they overcome?
  • What is needed to re-open the equity market? How can juniors make the most appealing case to investors?
  • o What has been the impact of cannabis and other competitor industries? How much capital has been redirected to these new sectors? To what degree are these ‘flavours of the day’, or with long-term impact?
  • o What are current investors’ concerns over investing in the junior mining sector? How can they be overcome best? Does the arrival of the millennial investor necessitate a new approach?
  • o Consolidation in the junior space: How does over-saturation of the market inhibits investment, and when can a correction be achieved?
Session ends: 16:20
How are Latin American mining companies optimising balance sheets and capital structures to finance projects, add value and drive down costs?
  • What do balance sheets and capital/shareholder structures currently look like in Latin America? What are the current financing needs, and what is the pipeline for large projects?
  • New financing structures offered by lenders and investors – what is appealing to CFOs?
  • Will corporates look to use a combination of project financing with capital markets? What scenario would this make sense in?
  • What are mining companies in Latin America wary of when it comes to making investment decisions?
  • Profitability over production: where are the majors looking to drive down costs/ increase margins?
  • How can performance of an asset be maximized? How can value be added to old deposits and projects?
  • What new methodologies and technologies are being adopted?
Session ends: 17:05
What is the role for ECAS & IFIs in the mining sector, and how do they relate to conventional partners and streaming/royalty companies?
  • How has participation of ECAs & IFIs changed in mining finance changed in the last two years? What is the financial and political context of this shift?
  • Who are the key and emerging players? Who are they financing? What are their mandates?
  • Where is this involvement heading in the next 6-12 months?
  • What are the benefits and challenges of working with these ECAs/IFIs compared to other FIs?
  • How do such partners help to de-risk projects? What are the successful case studies?
  • How does the role of these institutions relate to other funding partners, including alternative sources of financing? What does the optimum configuration of these groups look like in project financing?
  • What is the view of private equity and streaming/royalty companies on this trend?
Session ends: 17:55
Chairperson’s closing remarks followed by cocktail reception hosted by BNP Paribas
Session ends: 18:00

7th November 2019

Registration and coffee
Session ends: 08:50
Chairperson’s opening remarks
Session ends: 09:00
Case Study: Quellaveco - Moving from successful financial closure to implementation
  • What were the funding needs of the project? How was it financed and what instruments were used? Who are the providers?
  • How did the company navigate the permitting challenges?
  • What are the challenges of execution, and how are they being navigated? Who are the partners? What steps have been taken to reduce changes of social conflict with the local community?
Session ends: 09:20
What is next for the Peruvian mining industry?
  • What conditions allowed the successful financing of Mina Justa, Quellaveco, and Toromocho?
  • How will the Government look to support junior miners and exploration projects?
  • What developments in permitting can be expected in 2020?
  • What role do tax stability agreements play and what change can be expected in the next year?
  • How can meaningful relations with local communities be promoted?
  • Bringing into the fold: What is the best pathway to formalization of artisan mining and eradication of illegal operations?
Session ends: 10:05
Mining Colombia: Improving access to local capital and bringing projects online
  • Beyond the public markets: who is private funding more appropriate for? How can untapped pools be unlocked by the mining sector in Colombia?
  • How are issues with local communities be resolved?
  • What are the drivers, and impact, of a potential shift from open pit to underground mining?
  • How will the Colombia government support the sector and promote investment?
Session ends: 10:50
Coffee and networking
Session ends: 11:20
Ecuador: capitalising on current interest while avoiding growing pains
  • What is the geological potential of Ecuador; where are the “hot spots”?
  • How is the government supporting the mining sector and nurturing outside interest? Where is the Government looking to attract capital from the international community?
  • Will there be follow through from Fruta Del Norte by other projects?
  • What is being done to develop the exploration industry in Ecuador?
Session ends: 12:05
Navigating political and macroeconomic challenges to deliver growth in Argentina’s mining industry
  • A review of the first round of elections: Who is poised to win? Where the implications for Argentina’s economy and its mining sector?
  • To what degree does the provincial nature of the mining sector reduce the impact of the elections? How have attempts to federalise the sector progressed?
  • Where does Argentina’s mining sector sit in the macroeconomic context? What are the implications of exchange rates and taxes?
  • How has the government promoted transparency in the sector?
Session ends: 12:50
Networking Lunch
Session ends: 13:50
From cost to investment to profit: what does successful CSR strategy look like in 2019?
  • Showcasing benefits beyond compensation: actualizing and presenting mining’s potential to bring long-lasting positive change for communities.
  • How can meaningful relations be built with local stakeholders?
  • Building alliances and finding creative solutions: How can all parties benefit?
  • What does successful government moderation/intervention look like?
  • Recognising and replicating best practices: what are the success stories and what defined them?
  • What framework has been established at the global and local levels? How successful has implementation been in avoiding or reducing conflict?
Session ends: 14:30
Understanding the value mining can bring to communities and countries
  • Beyond community investment projects: what range of benefits can miners bring to local communities?
  • What are companies doing to improve their local contracting and what’s at stake?
  • How do governments balance urgent fiscal requirements while attracting valuable long-term investment?
  • What is the best division of benefits between the local and national level?
  • John Price, Managing Director, Americas Market Intelligence

Session ends: 15:00
Chairman’s closing remarks and close of conference
Session ends: 15:50

Junior Miner Roadshow

6th November 2019

The Miner Roadshow: Showcase what makes your company and assets a worthwhile investment to the audience

Every year at the Mining & Investment Latin America Summit, Miners with projects across Latin America present to a room full of investors and bankers.

Each presenter is given 8 minutes to identify what makes their asset unique and what level of investment or funding they are looking for.

16 slides 30 seconds each

If you are looking to take your project to the next stage, the Miner Roadshow is the perfect opportunity to identify new potential investors and partners.

Session ends: 15:15


7th November 2019

Roundtable 1: From adversary to collaborator – how miners can work with NGOs/Civil Society to deliver benefits to local communities and reduce social conflicts
  • Opening dialogue with civil society – identifying the relevant parties, their concerns and the best forums for discussion
  • The opportunities to advocate together at the various government levels for governmental presence (infrastructure, roads, schools, etc.)
  • What are the different assets miners and NGOs bring to the table? Where are the opportunities to combine these, and how can such potential be realised?
Session ends: 15:45
Roundtable 2: How was it done? A case study of successful conflict resolution/community engagement
  • Laying the foundations: How were stakeholders and local partners first identified and approached?
  • What potential causes of conflict were recognised, and how? What response was formed to remedy these concerns?
  • How did discussions develop into a comprehensive strategy?
  • How were common stumbling blocks avoided?
  • What plan has been put in place to ensure long-lasting benefits?
Session ends: 15:45
Roundtable 3: Addressing risk head-on: how are miners adjusting practices in the wake of recent disasters?
  • What has been the impact of the recent tailing dams collapse? What steps can be taken to restore confidence and move past the event?
  • Where can risks be identified now? What needs to be done to address such issues?
  • Where have best practices been applied, in Latin America and elsewhere? What are the lessons to be learnt?
  • John Price, Managing Director, Americas Market Intelligence

Session ends: 15:45
Roundtable 4: Building meaningful local community relations, and dealing with concerns before they become conflicts
  • How should discussions with local communities be moderated in areas where state presence is reduced?
  • From one-size-fits-all to best fit: How do grievances and priorities differ between communities? How are they best addressed?
  • What benefits can be brought to local communities by projects? How should they be showcased? How can long-term return be ensured?
  • How can expectations be reasonably set and managed?
  • How do you bring in community stakeholders that are non-residents but are connected to the local people?
Session ends: 15:45