The Miners Dilemma: Buy, Build or Buyback?

20th June 2018
LONDON STOCK EXCHANGE

The Miners Dilemma: Buy, Build or Buyback?

Strong global demand growth and supply constraints have driven commodity prices to their highest level in more than three years. Global miners are generating excess cash, which is no longer needed to reduce debt. How will they fuel growth when the general investor message is to return excess cash rather than spend it on ambitious new projects or deals? This Forum will bring together corporates, investors and experts for presentation, discussion and debate on the dilemma facing the industry to ‘buy, build or buyback’ and the impact different scenarios will have on the next commodity cycle.

Agenda

Lee Downham, Global Lead Partner, Mining & Metals Transaction, EY

Buy, Build, Return .....or invest?

Nick Clarke, Chairman, Central Asia Markets

Introduction to Central Asia Markets

Philip Lindop, Managing Director, Head of Natural Resources EMEA, Barclays

Back from the Brink: A Capital Allocation Story

Paul Gait, Senior Research Analyst, Bernstein

Build, Buy or Buyback - Where Are We in the Cycle?

Grant Fuller, Co-founder, Irithmics

Artificial Intelligence Insights on Mining and the Impact on Buy-backs

Mark Learmonth, Chief Financial Officer, Caledonia Mining

Buy, Build or Buyback – The Perspective from Zimbabwe

Peter Ruxton, Principal, Tembo Capital

The Miners’ Dilemma – A Longer-term Investor’s View

Natural Resources Forum

20th June 2018
LONDON STOCK EXCHANGE