opportunities & challenges in the global mining sector

OPPORTUNITIES & CHALLENGESWORKING ABROAD IN THE MINING SECTOR

6/3/2014ALBERTO QUIROZ CITP, P.ENG.

OPPORTUNITIES

• Mining is diverse:

• Prospecting

• Drilling

• Extracting

• Processing

• Product Delivery


MINING IS DIVERSE


MINING IS DIVERSE

Prospecting: Mapping


MINING IS DIVERSE

Drilling Extraction -Production


MINING IS DIVERSE

Processing

Delivery 6/3/2014ALBERTO QUIROZ CITP, P.ENG.

OPPORTUNITIES

• Mining is diverse:

• Prospecting

• Drilling

• Extracting

• Processing

• Product Delivery

• Each area present diverse opportunities different from the

traditional mining equipment.


OPPORTUNITIES

• Think of the challenges faced by mining:

• Cyclical – dependent on world commodity prices.

• Ore deposits harder to find.

• Economies of extraction becoming more difficult.

• Talent shortage.

• Increased environmental regulation.

• Safety

• Community impact.

• Stakeholder involvement.


MINING IS CYCLICAL


ORE DEPOSITS HARDER TO FIND AND EXTRACT


TALENT IS HARD TO FIND


ENVIRONMENTAL REGULATION


SAFETY


COMMUNITY – STAKEHOLDERS


OPPORTUNITIES

• Thinking of the challenges faced by mining:

• Cyclical – dependent on world commodity prices.

• Ore deposits harder to find.

• Economies of extraction becoming more difficult.

• Talent shortage.

• Increased environmental regulation.

• Safety

• Community impact.

• Stakeholder involvement.


OPPORTUNITIES

• New advanced technologies:

• Instrumentation

• Geo-Positioning- Mapping

• Services – camps-food-shelter-labs-education-training

• Automation – Remote control

• Information and communication Technologies

• Data analysis- Risk management

• Ore processing

• Energy efficiencies and Energy management


CHALLENGES FOR THE EXPORTER

• Selecting the market – SWOT

• Solid Market Research- before your visit


CHALLENGES FOR THE EXPORTER

• Prepare, Prepare, Prepare

• Failing to prepare is preparing to fail

• Train your personnel

• Stay focused


CHALLENGES

• Understand your customer- Drivers

• Understand who will use your product

• Understand the country and the culture

• Make sure you and your product will make a difference

• Know and analyze your local competition


CHALLENGES

• Be ready to go when others are leaving


LOGISTICAL CHALLENGES

• Mines away from urban centers

• Infrastructure limited or non-existent

• Time to get there

• Time to deliver

• Transportation resources limited

• Cargo moving is limited

• Scheduling



• Lack of Infrastructure – Time to get there



• Infrastructure- non existent


RESOURCES AT HOME

• Trade Commissioner Services

• https://www.tradecommissioner.gc.ca

• Export Development Canada (EDC)

• www.edc.ca

• Business Development Canada (BDC)

• www.bdc.ca

• Provincial Governments and other Federal Agencies

• Ontario Ministry of Economic Development

• Atlantic Opportunities Canada (ACOA)

• Quebec International

• Trade and Invest British Columbia

• Saskatchewan Trade and Export Partnership


RESOURCES AT HOME

• Forum International Trade Training FITT

• www.fit.ca

• International Business Training programs

• Industry-driven world authority on global trade

• Foreign embassies

• Local bi-national chambers of commerce

• Cultural associations


THANK YOU

• Alberto Quiroz, CITP, P.Eng.

• [email protected]

Images courtesy of: Alamos Gold Inc. Barrick Gold, Ghana Mining organization, Infomine, and google images.


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opportunities & challenges in the global mining sector

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