We are delighted to invite professionals working in the Russian mining industry, to take part in the 12th international Mining and Exploration Forum – MINEX Russia 2016.
The Forum will be held at the Radisson Slavyanskaya Hotel in Moscow from 4-6 October 2016.
Register before 15.07.16 to receive 10% early bird discount
Additional 10% group discount applies when registering 3 or more delegates
The 12th international Mining and Exploration Forum – MINEX Russia 2015 will be held in Moscow on 4 -6 October 2016 under the main theme “Russian Mining industry – new sources of Growth”.
The Forum is organised in Russia since 2005 and considered to be the most important and authoritative event on Mining and Exploration in Russia and the Eurasian Economic Union.
Forum website www.minexrussia.com
The key to sustainable development of the mining enterprise is its ability to invest profits in the renewal of the mineral resource base, develop infrastructure, train personnel and introduce more efficient solutions, which can help to reduce the costs and improve efficiency.
The prolonged period of low prices and unstable demand for metals continues to put pressure on the investment attractiveness and profitability of the mining businesses. Against this background, majority of the companies continue to focus their priorities on optimising costs, ensuring profitability, cash flow stabilisation, improving ROI, consolidating assets, placating investors and officials. So far, very few can afford to build a long-term planning horizons. The risks are too high with unpredictable trends and market indicators. Although many realise that when the commodity and financial markets will turn from blinking red to solid green, the companies with resources and abilities for rapid growth will be the first to get through the “window of opportunity” and rip greater benefits. The ability to take precise decisions and implement smart solutions in today’s environment is a matter of survival. The cost of error can be extremely high measured in loss of value, investment and opportunities. The market situation is extremely difficult, but it does not mean the collapse of the entire mining industry. Work is continuing and will continue, so businesses need to make every effort to reduce waste of materials, money and time delays.
Since the beginning of 2016 Moscow Exchange Metals & Mining Index showed consistent growth. Experts predict a rise in world prices for a number of metals from gold to lithium. However, due to slowing consumption in China and the huge debt, shares of the largest mining companies recently slowed down again, returning to the “red”. Optimists argue that this is a temporary correction. While the dollar printers are hard at work, the money will pour into hard assets. Instability and correction are handy for buyers and those who have access to cheap money.
- Will the 2016 bring stabilisation and growth in metals and minerals prices?
• Will the new upward cycle be similar to the previous one and which fundamental drivers will reinforce the growth?
• How prepared are Russian companies for grow and competition for new markets, money and technology?
• Will companies avoid making mistakes in their choice of development strategy?
• What sources of funding are available to the mining companies working in Russia?
• Can companies effectively overcome the isolation of Russia from Western technologies and capital to ensure sustainability and growth?
• What conditions and incentives offered to Russian foreign and domestic investors in the mining sector and how Russia compares with other mining jurisdictions?
The forthcoming 12th Mining & Exploration Forum “MINEX Russia 2016” will address these and many other issues that define the modern realities and prospects in the Russian mining sector.