Conference Day One, Tuesday 30 March 2010

08:00    Registration opens and refreshments served

08:40    Opening remarks and welcome address

          Rob Barrowman, Publisher, Mining Journal

08:45    Chairman’s introduction

           Anthony Desir, Principal, Strategic African Mineral Investments (SAMI Fund)

08:50    Examining the implications for the resources sector as the global economy recovers

• Assessing the cost of the global financial crisis - how has the last 12-18 months affected the resources sector
• Identifying positive signs of a recovery – which industrial sectors and markets are showing signs of new life?
• How much of the global economic recovery is being led by China and what role are other economies playing
• How should investors approach the mining sector going forward?How HoH

Robert Friedland, Executive Chairman, Ivanhoe Mines

Road to recovery – examining KEY global minEral Commoditiy supply/demand outlooks

09:50    What’s hot in global resources? - mining investment themes 2010-2013

• 2010-2013 hot commodities - where is the smart money going?
• Which commodities are below the investment radar and why?       
• Global hot spots for mining investment - by commodity and geography
• Hot mining and exploration stocks - global equities’ exposure to the commodity price outlooks

Allan Trench, Research Manager, CRU, Australia

10:10    Gauging nuclear power growth in the 21st Century

• Why the future is nuclear power
• America - low on oil and even lower on uranium
• Outlining challenges and opportunities in US uranium mining
• Providing an overview of the low cost in-situ recovery process
• Identifying the pros and cons for consolidating Texas uranium assets
• UEC at a glance and investment highlights

Amir Adnani, President and CEO, Uranium Energy Corporation

10:30    In order to maximise time available for presentations, there will be no formal break in the conference proceedings for morning tea. To provide maximum flexibility morning tea will be available from 10:30 through until 11:30 in the catering area.

10:30    Investing in green energy and the natural resources that make it possible

• What is green energy and what makes green energy possible?
• An historic look at how usage for copper, moly and uranium has changed over past decades
• How society did, does and will exploit physical commodities
• Examining the business case for investing in green energy

J. Gianni Kovacevic, Principal, Kovacevic Consult

10:50    10 minute company presentations

Chair:
Rod Nichol, Adviser, Natural Resources

Panel discussion

12:00    Bringing key mineral commodities into focus

• Forecasting the markets for gold, copper, aluminium and other non-ferrous metals?
• Understanding future supply/demand dynamics for energy minerals such as coal and uranium
• Forecasting global growth in supply and demand for iron ore and steel
• What does this mean for investors in mining?

Moderator:

Joachim Berlenbach, Director, Earth Resource Investment Group

Panellists:

Allan Trench, Research Manager, CRU, Australia

J. Gianni Kovacevic, Principal, Kovacevic Consult

Amir Adnani, President and CEO, Uranium Energy Corporation

How is THE Asian investment appetite recovering and what does this mean for the mining sector?

12:20    The world of gold and mining from 50,000 feet

Frank Holmes, CEO, US Global Investors

12:40    In order to maximise time available for presentations, there will be no formal break in the conference proceedings for lunch. To provide maximum flexibility lunch will be available from 12:40 through until 14:10 in the catering area.

12:40    Providing capital to mining companies on a global basis and with a long-term approach to the investment

Didier Rault, Chairman and CEO, World Mining Investment

12:50    Funding mining projects in today’s investment environment – the role of a public agency in the financing of mining projects

• Understanding today’s investment environment
• Reviewing JBIC's experience in the mining sector
• Examining JBIC’s finance for mining projects

Takaya Naito, Executive Officer, Japan Bank for International Cooperation (JBIC)

13:20    10 minute company presentations

Chair:
Munish Kumar, Investment Manager, The Sentient Group/Sentient Asset Management

Investment Banking Mini-Forum

Delegates will hear a series of short presentations from a select group of the region’s key

investment banks, with the session culminating in a wrap-up panel discussion on the

outlook for mining finance in Asia.

14:30    The mining sector - where to from here?

• Has the appetite for providing debt returned in earnest?
• Striking a balance between debt and equity?
• When will the cost of capital stabilise?
• What is the outlook for mining projects in the current environment?

Nick Halkas, Director, Mining & Metals, Standard Bank (Singapore)

14:35   Exploring current financing options in Asia for the minerals sector

• What effect has the recent financial crisis had on investment banks’ ability to finance mining projects?
• Assessing the cost of capital and liquidity levels currently in Asian markets
• What are the available sources of financing for mining projects?
• Looking at the viability of alternative financing options such as contractor/supplier financing, PE/Equity sale, private placement etc.

Alberto Migliucci, Head of Southeast Asia Mining, Credit Suisse

14:40 What's driving strategic M&A and investment in mining sector?

• An analysis of recent M&A in the mining sector
• How are steelmakers looking at vertical integration in the current environment?
• Implications of growing power demand in Asia and impact on mining investment

Darin Baur, Director, Metals and Mining, Asia Pacific, HSBC

14:45 Outlook for debt financing and structured finance

Pierre Georget, Deputy Head of Structured Commodity Finance and Mining, Asia Pacific, Societe Generale Asia

Wrap up panel and interactive Q+A
14:50 Discussing the outlook for mining finance in Asia

Nick Halkas, Director, Mining & Metals, Standard Bank (Singapore)
Pierre Georget, Deputy Head of Structured Commodity Finance and Mining, Asia Pacific, Societe Generale Asia
Darin Baur, Director, Metals and Mining, Asia Pacific, HSBC
Alberto Migliucci, Head of Southeast Asia Mining, Credit Suisse
Bardin Davis, MD, Macquarie Capital Hong Kong

15:00 Registration for free HKEx workshop – guests invited by the HKEx to the special session commencing at 16:00 can register from 15:00 at the conference registration desk

15:20    In order to maximise time available for presentations, there will be no formal break in the conference proceedings for afternoon tea. To provide maximum flexibility afternoon tea will be available from 15:20 through until 16:20 in the catering area.

15:20    10 minute company presentations

Chair:
Rob Barrowman, Publisher, Mining Journal

Ray Shaw, Bandanna Energy
Les Emery, MD, Marengo Mining
David Seton, Chairman and Chief Executive Officer, Olympus Pacific Minerals
Kell Nielsen, CEO, Voyager Resources

Special session – Hosted By the HKEx and free to attend for all delegates and invited guests

Chair:

Chris Hinde, Editorial Director, Mining Journal

16:00    Reinforcing Hong Kong as the key international capital market for mining and natural resources companies

• Why Hong Kong was one of the world’s largest markets for IPOs in 2009 – examining new listing and capital raising activities on HKEx
• Reviewing the revised rules for listing of mining and natural resources companies on HKEx
• Illustrating the benefits of primary listings and dual listings on HKEx for overseas mining companies
• Outlook and challenges for Hong Kong in attracting international mining companies to list

Lawrence Fok, Chief Marketing Officer, Hong Kong Exchanges and Clearing Limited

16:15    Looking in detail at the proposed new listing rules in Hong Kong and what they really mean for junior mining companies

• Why the need for the new rules?
• Resource and Reserve reporting for junior companies
• The need for a Competent Person
• Valuation reports
• The impact on junior companies

Bernard J. Guarnera, President & Chairman, Behre Dolbear

16:30  Requirements for listing of foreign mining companies on the HKEx

• Examining Sino Gold’s listing in 2007 and SouthGobi’s listing in 2010 and considering qualifications for listing under the existing and proposed Chapter 18 on the HKEx
• Looking at restrictions imposed on cornerstone investors prior to a listing using the investment in SouthGobi by CIC and Temasek for a total of US$100 million as a case study
• Examining the issue of operation of a competing business by the controlling shareholder
• Examining restrictions on the mining company, and on the controlling shareholder, after listing?

David Richardson, Partner, Dorsey and Whitney

16:45   Entering a new era for resources in Asia

• The commodities demand super-cycle has resumed in Asia
• Asia remains under-explored and under-exploited for resources
• Some of the world’s great ore bodies are here
• Capital is available

Owen Hegarty, Vice Chairman, G-Resources

17:00   New HK listing rules for extractive companies – a valuer’s perspective

• What are the challenges mining companies face under existing listing rules?
• Where valuation fits in the process of application for listing on the Hong Kong Stock Exchange
• How new proposed listing rules will make it different for international mining companies
• Discussing the role of valuers and competent persons
• IFRS and IVSC rules and definitions that should be considered by applicants and valuers
• Valuation requirements for listed companies in subsequent periods

Alexander Lopatnikov, Managing Director, American Appraisal, Russia

17:15  Ensuring maximum investor support for natural resource companies in a highly competitive market

• Understanding the importance of independent agencies and expert sign-off on critical project aspects such as technical veracity, social acceptability and environmental sustainability
• Ensuring project establishment issues are covered to suit the international investment market
• Where are the most supportive and enthusiastic investment markets for mining companies?
• Reviewing what will give the best chance for gaining technical and financial success

Quentin Amos, Head of Corporate Finance and Advisory Asia Pacific, Runge Limited

Panel discussion and interactive Q+A

17:30    Identifying the opportunities and challenges created by the new HKEx listing rules

Bardin Davis, MD, Macquarie Capital Hong Kong

Quentin Amos, Head of Corporate Finance and Advisory Asia Pacific, Runge Limited

Senior Representative, American Appraisal

Alexander Molyneux, President & CEO, SouthGobi Energy Resources

18:00 Close and cocktail reception in the exhibition area