the meeting place for senior mining operators and global ... · tom o’neill energy specialist...

Ĵ Updated operational and fi nancial results from solar and wind projects for remote mines

Ĵ Valuable insight from CEOs currently assessing power options for new remote operations

Ĵ Finance focus: Details on evolving PPA options and the business case for project investment

Ĵ First Nations leaders share their views on mining-energy partnerships for remote communities

Ĵ An expanded focus on key mine-energy topics and technologies including storage, carbon mitigation, bioenergy, natural gas and energy effi ciency

Ĵ More networking time. 10+ hours of quality networking over 2 days

Ĵ Pre-summit workshop, Essential Introduction to Mining for Renewables Professionals

The meeting place for senior mining operators and global energy leaders.

Hear about the energy strategies and challenges of

25+ major and junior mining leaders including:

New for 2015:More mines. More CEOs. 100+ mining leaders from major mining companies and junior operations

Principal Sponsor:

Sponsors:

www.energyandmines.com/toronto | +1 613 627 2787 organized by

Paul West-Sells

President and COO

Western Copper and Gold

Alfredo Lamego Duarte Global Senior Category

Manager - Electrical Energy

and EC&I

Anglo American

Sunil Kumar Director of Energy

Strategy

Kinross Gold

John Clarke President and CEO

Banro

Jared Lazerson Chief Executive Offi cer MGX Minerals

Richard Spencer CEO

U3O8 Corp

Liezl van Wyk Manager Mine Technical

Services & SCAP, Diavik

Diamond Mines,

Rio Tinto

Chris Adachi Leader, Energy and Carbon

Management

TMAC Resources

Bill Mercer Vice President of

Exploration

Avalon Rare Metals

Jean-Francois Verret Director, Capital Projects

and Exploration

Glencore

Paul Criddle Chief Operating Offi cer Roxgold

Catharine Farrow CEO and Director

TMAC Resources

Bill Allemon Global Vice President of

Energy Management and

Electrical Asset Integrity

AngloGold Ashanti

Mike Shuman Manager of Maintenance

Kirkland Lake Gold

“The Summit was a timely and

excellent event, especially the

business networking.”

Sunil Kumar, Director of Energy Strategy, Kinross Gold

Stephen Letwin President and CEO

IAMGOLD

Daniel Owiredu

Executive Vice President

and Chief Operating Offi cer Golden Star Resources

KEYNOTE PRESENTER: John Dorward President, CEO, and Director

Roxgold

KEYNOTE PRESENTER: Jessica Fung Commodity Strategist

Bank of Montreal

Renewables, energy effi ciency and carbon mitigation for mines

3rd Annual

• To hear the latest case studies from other mining operators that have integrated renewables• To network with independent power producers and suppliers that offer affordable power alternatives• For updates on the fi nancing, implementation and technologies driving power solutions for mines• For insight on energy security, effi ciency and carbon mitigation strategies from other mines

“At Energy and Mines’ in Toronto this year, I am looking forward to hearing about new

technological advances being made in the fi eld of energy storage, so that renewables can provide a continuous fl ow of energy in the future, rather than an intermittent supply depending on when the sun shines or wind blows.”

Stephen Letwin, President and CEO, IAMGOLD

“I am looking forward to hearing from other delegates about how they have

approached and evaluated energy alternatives for their projects and hearing about

innovations in the industry including where we are headed, at what rate, and what we

can expect in the near future.”

Richard Spencer, CEO, U3O8 Corp

The meeting place for senior mining operators and global energy leaders

Why miners attend?

Why renewables experts attend?

Why fi nance and legal professionals attend?

• To network with senior mining and renewables experts that have an appetite for projects • To better understand the energy strategies of mines and the project challenges for IPPs• For the unparalleled deal-focused content that offers detailed analysis from the latest projects• To accurately evaluate the growing market for alternative energy for mine operators

• To meet face-to-face with senior mining operators and build relationships that lead to deals• To understand the business potential, project barriers and keys to successful mine-energy projects• To meet with potential partners in the mining project value chain including investors and integrators• For detailed analysis on the fi nancing of projects and to hear the very latest case studies

“The networking opportunities and the

exchange of ideas between the two

industries was exceptional.”

Scott Fraser, Consultant, Barrick Gold


3rd Annual

The challengeThe cost of power for mines is a major challenge to their economic viability because of rising electricity and diesel fuel prices and energy shortfalls in key mining markets. Energy now accounts for 20-40 percent of the operating costs for most mines. Rising production costs, global competition and the drive to improve overall environmental performance are motivating leading resource companies to reduce their costs and look to new solutions, such as renewables, as a means of making energy cost savings, increasing the energy security of their operations and achieving an overall improvement in environmental outcomes.

The solutions, the meeting placeEnergy and Mines’ Toronto Summit is now well established as the meeting place for senior mining operators and global energy experts to meet and discuss solutions for affordable, reliable and sustainable power for mines. 400+ mining operators, renewable energy and fi nance experts are expected to participate this October 22-23.

Agenda at a Glance

Energy priorities and strategies, renewable energy project plans, preferred fi nance models, and operational insights from major mining houses and junior mines including:

October 21

Pre-Summit Workshop: Essential Introduction to Mining for

Renewables Professionals

Welcome Gala Reception

October 22

Mining Leaders Keynote Session: Mining’s New Energy Paradigm

Commodities Outlook and Mining’s Energy Strategy

Reducing Diesel Reliance for Remote Operations

Energy Priorities, Timelines and New Technologies

Evolving Storage Solutions for Mining Microgrids

Weighing Power Options for New Mining Operations

Summit Cocktail Party

Mines and VIPs Dinner (invitation only)

October 23

Building Bridges between Mining and Renewables

Financing Alternative Energy for MInes

Strategy StreamEnergy Technologies and

Solutions Stream

Carbon Mitigation for Mine Operators

Bioenergy

Building Social License with Energy Partnerships

Energy Effi ciency

Integrating Renewables into Mine Rehabilitation

Natural Gas

The Friday Party

“I see it as an important, strategic and crucial role to consider the use of alternative sources in a sustainable

manner as part of the solution (and sometimes the unique solution) in isolated locations.” Alfredo Lamego Duarte, Global Senior Category Manager - Electrical Energy and EC&I, Anglo American, Speaker at Energy and Mines Toronto Summit 2015


Opening Keynote Speaker:

Stephen Letwin President and CEO

IAMGOLD

Daniel Owiredu Executive Vice

President and Chief

Operating Offi cer Golden Star Resources

Paul West-Sells President and COO

Western Copper and Gold

Alfredo Lamego Duarte Global Senior Category

Manager - Electrical

Energy and EC&I

Anglo American

Mining leaders and energy decision-makers:

75+ authoritative speakersThe only Summit to bring senior mining executives together with international renewables and fi nance experts to showcase innovative case studies and drive collaboration on energy solutions for global mining operations.

Keynote Presenter:

Sunil Kumar Director of Energy

Strategy

Kinross Gold

John Clarke President and CEO

Banro

Jared Lazerson Chief Executive Offi cer MGX Minerals

Richard Spencer CEO U3O8 Corp

Liezl van Wyk Manager, Mine

Technical Services

& SCAP

Diavik Diamond Mines

Chris Adachi Leader, Energy and

Carbon Management

Teck Resources

Bill Mercer Vice President of

Exploration

Avalon Rare Metals

Jean-Francois Verret Director Capital

Projects and

Exploration

Glencore

Paul Criddle Chief Operating

Offi cer Roxgold

Catharine Farrow CEO and Director

TMac Resources

Tony Makuch President and CEO

Lake Shore Gold

Mike Shuman Manager of

Maintenance

Kirkland Lake Gold

Pedro Marujo de Almeida Manager, Global

Energy Effi ciency Program

Kinross Gold

Chih-Ting Lo Energy Manager

Barrick-Hemlo

Bob Dodds CEO

Augustine Ventures

Marc Butler Director of Regulatory

affairs, Sudbury Nickel

Operations

Glencore

Laurent Abbatiello Executive Vice

President

Tugliq

Jack Bittan Senior Vice

President, Business

Development Capstone Infrastructure

Peter Lilienthal CEO

HOMER Energy

Benoit La Salle President and CEO

Windiga Energy

Tom O’Neill Energy Specialist

Canada Clean Fuels

Robert SimpsonPresident

PR Associates

Dave Porter CEO BC First Nations Energy and Mining Council

Shahid MahmudTeam Leader, EPA

National Mining Team US Environmental Protection Agency (EPA)

Thomas AubeePrincipal

TACOM

John Dorward, President, CEO,

and Director

Roxgold

Jessica Fung, Commodity Strategist

Bank of Montreal

“SolarReserve recognizes the important role Energy

and Mines is playing in connecting the mining and

renewables sectors through these global Summits.”

Kevin Smith, CEO, SolarReserve

3rd Annual


Renewable energy developers, suppliers, and fi nance experts:

Key stakeholders and mining energy experts:

CAT HYBRID MICROGRID SOLUTIONSCaterpillar is a leader in electric power generation for the mining industry. With power systems engineered to deliver unmatched durability, reliability and value, the company’s extensive range of solutions meet the needs of mining customers worldwide, from the provision of packaged electric power and rental solutions through to factory-direct, turnkey power plants with local partners. Today, Caterpillar expands its renewable power generation portfolio with an integrated photovoltaic (PV) solar solution, smart energy storage and conventional diesel, gas and dual fuel gensets for microgrid applications. Cat Hybrid Microgrid Solutions are designed to power a better world by signifi cantly reducing your fuel expenses, decreasing harmful emissions and lowering your total cost of ownership within favourable payback periods. With a global presence, coupled with our dealer network, which spans more than 180 countries and offers a full suite of expertise and services, Caterpillar is powering sustainable progress around the world.

Sponsors and Exhibitors

Principal Sponsor

Lanyard Sponsor

Lunch Sponsors

Summit Cocktail Party Sponsor

Sponsor/Exhibitors

Exhibitors

3rd Annual


3rd Annual


Summit Partners

Energy and Mines is the leading global information and event provider for energy and management and innovation in the mining sector. Through its global Summit series, web portal and newsletter, Energy and Mines brings together the mining and energy sectors to drive solutions for affordable, reliable and sustainable power for mines.

www.energyandmines.com

In 2015/2016 Energy and Mines will bring together mining leaders with renewable energy, fi nance and government experts from across the globe in Toronto, London, Santiago, Johannesburg and Sydney.


Thought Leadership and Lead Generation

“Hatch has been

a Principal

Sponsor of Energy and

Mines’ Summits since their

inception in 2013 and fi nds them valuable platforms

to promote our thought-

leadership in this growing

market and to connect

directly with the mining sector

on energy solutions.”

Rob LydanDirector of Solar and Wind, Hatch

Want to speak? Want to sponsor? Want to exhibit?To learn more about our partnership opportunities and how our customised solutions

can help you achieve your business needs and objectives, please contact:

Mike Greenwood, Exhibition & Sales Director, Energy & Mines

Direct: +1 613 680 2484 Mobile: +1 613 355 6616 [email protected]

What Energy and Mines’ Toronto Summit offers:

v Two full days of project-focused content. An opportunity for mines and renewable experts to present strategies and solutions

v 10+ hours of networking to engage with speakers and decision-makers, present ideas and discuss project opportunities

v Three networking receptions designed to enhance interactions and discussions

v Highly effective exhibition opportunities – the Summit offers a limited number of exhibition spaces in the main networking to present solutions and services to attendees

v A one-to-one meetings service (premium sponsors only). Arranged, private meetings with your hand-picked selection of mining or renewables experts

v Thought-leadership interviews – we commission a Washington-based fi nancial journalist to interview key members of your team and produce a world class, highly designed and presented article that will be published in the event guide, through the Energy and Mines hub site and through our PR channels.

v A VIP Dinner (premium sponsors and mines only). An exclusive relaxed dinner with invited mine guests and lead sponsors

The Energy and Mines’ Toronto Summit has a proven track record as the event where mining and

renewables partnerships are created. Whether your objective is thought-leadership, brand identity,

knowledge sharing or developing new business relationships, the Summit provides a highly-targeted,

project-driven platform where 400+ decision-makers come to do business.


Pre-Summit: OCTOBER 21, 2015The aim of this workshop is to provide non-conventional renewable energy professionals with a comprehensive understanding of the mining industry. Participants will gain a greater understanding of the operational practices pivotal to the mining industry, be able to interpret essential terminology and feel more comfortable interacting with core mining staff by having a clearer understanding of the key concepts involved in mining.

This workshop aims to enhance an understanding of the business of mining for renewable energy professionals. The agenda has been developed by Energy and Mines and r4mining.com and is presented by Arnoldus Mateo van den Hurk Mir, Ph. D., CEO, r4mining.com

About the workshop leaderArnoldus Mateo van den Hurk Mir, Ph D.

For 29 years, Arnold has been as an adviser

and professional in geo-mining, renewable

energy, company appraisal and fi nancial analysis. He has worked in Europe, South

America, the Caribbean, Africa and China.

He has wide knowledge and experience in

both the renewables and mining sectors. He

is passionate about connecting these two

sectors to improve the effi ciency of mining.

October 21th – Toronto Marriott Downtown Eaton Centre

09.00 – 10.40 MINING INTRODUCTION AND PLANNING

• Mine lifecycle• From exploration to exploitation• Extraction and comminution• Concentration, smelting and refi nery • Commodities transport and mining ports

BREAK

11.00 – 12.30 MINE ECONOMICS AND COMPANY STRUCTURE

• Minerals and metals economics• Commodity markets, drivers and trading• Metals valuation and stock markets• Mines: organization, job roles and profi les• Top mining companies and mines

LUNCH

13.00 – 14.40 ENERGY USES IN MINING

• Open pit mining energy use• Underground mining energy use• Energy use in benefi ciation and metallurgy• Mining energy use due to water demand• Energy use in ancillary mining tasks

BREAK

15.00 – 16.30 MINING, ENVIRONMENT AND CSR

• Mining environmental impacts• Mine closure and reclamation• Renewables and CSR• Final summary and summit recommendations

CLOSE

Learning Outcomes:At the completion of this course participants will be able to:

' Appreciate the signifi cance of energy in the mining industry

' Understand frequently used terminology

' Describe the use of energy on open pit and underground mining methods

' Understand the principles of mine design, planning and optimization

' The impact of energy on rehabilitation and environmental considerations

' Understand the production chain from mining from processing to extractive metallurgy

' Describe the logistics and marketing behind key commodities

For questions or additional details contact:

á [email protected]

ª +1 613 627 2787

Workshop feedback from previous attendees:

“I found Arnold’s workshop to be the highlight of the conference. For those new to the mining sector, it will launch you to get the most out of the conference. And for mining veterans, it helps provide perspective and clarity on corporate priorities in the industry.” Panasonic

"What you presented was a very sophisticated yet practical review of the mining industry." Barrick Gold

17.30 - 18.30 WELCOME GALA RECEPTIONThe annual summit kicks off with a great meeting and networking event for all attendees. This drinks and hors d’oeuvres event will be the fi rst opportunity to meet mine representatives and energy experts and start the summit through a fun and effective event.

Workshop Agenda:Essential Introduction to Mining for Renewables Professionals


8.30 COFFEE & REGISTRATION

8.55 CHAIR’S OPENING REMARKS

Adrienne Baker, Director, Energy and Mines

9.00 OPENING KEYNOTE: STRATEGIC ENERGY CHOICES AND CHALLENGES FOR MINING OPERATORS

John Dorward, President, CEO, and Director, Roxgold

9.20 KEYNOTE PANEL: MINING’S NEW ENERGY PARADIGM: REDUCING COSTS AND GAINING STAKEHOLDER BUY-IN

Mining’s energy strategy today is focused on cost reduction, effi ciency, reliability and gaining stakeholder buy-in. This keynote session will bring together top mining leaders to discuss the changing power landscape for mining. Stephen Letwin, President and CEO, IAMGOLDDaniel Owiredu, Executive Vice President and Chief Operating Offi cer, Golden Star ResourcesPaul West-Sells, President and COO, Western Copper and GoldJohn Dorward, President, CEO, and Director, Roxgold

10.10 KEYNOTE PRESENTATION: THE IMPACTS OF THE CURRENT COMMODITY CYCLE ON ENERGY

How does mining’s current low commodity prices infl uence capex, expansion and energy diversifi cation? Jessica Fung, Commodity Strategist, Bank of Montreal

10.30 NETWORKING BREAK

11.00 SESSION 1: ENERGY PRIORITIES, TIMELINES AND NEW TECHNOLOGIES

Energy demand by the global mining sector is expected to increase signifi cantly over the next 20 years from around 8% of global primary energy today to 15-20% by 2035, according to the Research Centre for Energy Resources and Consumption. What will power this expansion and how do mining energy strategists see the sector’s power profi le changing?

11.00 CASE STUDY: ASSESSING ENERGY OPTIONS FOR GLOBAL OPERATIONS

With global operations, Anglo American is the world’s largest producer of platinum and a major producer of diamonds, copper, nickel, iron ore and metallurgical and thermal coal. • Understanding the energy challenges of the different markets where Anglo American operates• What energy solutions including renewables are currently being considered• Where does it make most sense for renewables to play a role in addressing energy challenges? Alfredo Lamego Duarte, Global Senior Category Manager - Electrical Energy and EC&I, Anglo American

11.20 CASE STUDY: DRIVING ENERGY SAVINGS, SECURITY AND INNOVATION FOR GLOBAL OPERATIONS

Headquartered in Johannesburg, AngloGold Ashanti has 20 gold mining operations in 10 countries, as well as several exploration programs. The gold leader is currently assessing solar options for some of its operational sites. • AngloGold Ashanti’s energy goals and implementation strategy• An update on solar assessments for operational sites• Capex barriers for solar integration and possible solutions Bill Allemon, Global Vice President of Energy Management and Electrical Asset Integrity, AngloGold Ashanti

11.40 PANEL DISCUSSION: ENERGY PRIORITIES, TIMELINES AND NEW TECHNOLOGIES

• Where are the opportunities for change in your current energy supply mix?• How does lower commodity pricing infl uence internal energy priorities and expansion plans? • How do you see the energy transition of mines developing and over what sort of timeline?• What is the internal thinking behind renewables as a part of the energy solution? • What critical questions do you need answered before presenting new energy projects to your management and board? • Are there preferred technologies that you see playing a lead role for your operations?Alfredo Lamego Duarte, Global Senior Category Manager, Electrical Energy and EC&I, Anglo AmericanDavid Clarry, Vice President of Corporate Social Responsibility, Hudbay Minerals Sunil Kumar, Director of Energy Strategy, Kinross GoldBill Allemon, Global Vice President of Energy Management and Electrical Asset Integrity, AngloGold Ashanti

12.30 LUNCHEON WELCOME

A Representative, Northland Power

12.35 NETWORKING LUNCH SPONSORED BY:

AgendaDAY 1: OCTOBER 22, 2015

Agenda


1.30 SESSION 2: REDUCING DIESEL RELIANCE FOR REMOTE OPERATIONS

With most new mines being developed in isolated areas with no power infrastructure, there is a strong drive for the mining sector to identify alternatives to expensive, inconvenient and price volatile diesel for powering new operations. Existing mines are also looking to reduce their dependence on diesel through effi ciency and abatement strategies. This session will explore how mines are approaching new energy solutions for remote operations including renewables microgrids.

1.30 CASE STUDY: REALIZING DIESEL SAVINGS AT THE EXPLORATION STAGE

Avalon Rate Metals has taken an innovative approach to energy savings for its remote Nechalacho Project in Canada’s North West Territories by integrating solar panels, inverters and lead-acid batteries.• Lessons learned from integrating new technologies for this remote exploration site• Understanding the capabilities of battery banks in realizing diesel savings• Next steps in exploring renewables integration for remote operationsBill Mercer, Vice President of Exploration, Avalon Rare Metals

1.50 CASE STUDY: DIAVIK’S REMOTE WIND HYBRID: HOW IS IT PERFORMING?

Three years’ ago Rio Tinto’s Diavik mine installed four 2.3 MW wind turbines to help power its remote operation in Canada’s North West Territories. • How is the project performing over time –reliability, diesel savings and carbon mitigation?• What would the mine do differently and what potential is there to expand at this site?• How is Diavik’s hybrid informing renewables plans for the North West Territories? Liezl van Wyk, Manager, Mine Technical Services & SCAP, Diavik Diamond Mines, Rio Tinto

2.10 INTERACTIVE PANEL: ADDRESSING THE REMOTE POWER CHALLENGE

• What are the current goals and thinking behind diesel-abatement for remote sites?• How does lower oil infl uence diesel reduction strategies for isolated sites?• What are the common barriers to implementing microgrid solutions for these operations?• Has the intermittency question been adequately addressed by hybrid solution providers?• What would assist mines in structuring the fi nancing for hybrid solutions – i.e. ideal timelines for project implementation and payback? • How do mines see the energy profi le of remote operations changing in the near-term?Chair: Robert Simpson, President, PR AssociatesJohn Clarke, President and CEO, BanroPaul Criddle, Chief Operating Offi cer, RoxgoldLiezl van Wyk, Manager, Mine Technical Services & SCAP, Diavik Diamond Mines, Rio Tinto Bill Mercer, Vice President of Exploration, Avalon Rare Metals


3.30 SESSION 3: ENERGY STORAGE FOR MINING MICROGRIDS

The mining sector is eager to understand the economics and applicability of energy storage technologies as this will eventually eliminate the need for diesel backup of microgrid solutions. This session will offer an update from the fi rst mining hybrid project to test storage technologies and insight from storage experts on the latest developments and practicalities of storage for mines.

3.30 CASE STUDY: TESTING STORAGE: AN UPDATE ON RAGLAN MINE’S INNOVATIVE WIND-STORAGE HYBRID

Jean-Francois Verret, Director Capital Projects and Exploration, GlencoreLaurent Abbatiello, Executive Vice President, Tugliq

3.50 PANEL DISCUSSION: ENERGY STORAGE FOR MINING MICROGRIDS

• What are the latest advances in storage technologies that meet mining’s energy profi le?• Details on the current economics of various storage applications for off-grid mines• What are the common roadblocks with integrating renewables hybrids for remote sites?• What can mines expect in terms of increased renewables penetration levels with storage?• What can be learned from other projects for large industrial users?• When will the advancement of storage change the game for renewables for remote mines?Peter Lilienthal, CEO, HOMER Energy

4.30 SESSION 4: ENERGY SOLUTIONS FOR NEW MINING OPERATIONS

Choosing the energy supply for a new mine involves a much broader array of fuel choices and technologies today since the price of renewables is now competitive with diesel and grid electricity, in some markets. This session will examine the new energy economics of early-stage mines and the process for analysing a wider array of power options to ensure best pricing, reliability and timely execution.

DAY 1: OCTOBER 22, 2015

Agenda


4.40 CASE STUDY: POWERING NEW OPERATIONS WITH AN INNOVATIVE BIOMASS SOLUTION

MGX Minerals is integrating a unique, off-grid biomass solution to power its Driftwood Creek magnesium property in East Kootenay, BC which is currently in the development stage. • Highlights from this innovative biomass gasifi cation power solution • Details on the cost savings from choosing biomass for Driftwood Creek• Benefi ts and challenges of integrating alternative energy at the development stageJared Lazerson, Chief Executive Offi cer, MGX Minerals

5.00 CASE STUDY: ANALYZING POWER OPTIONS FOR NEW REMOTE OPERATIONS

U3O8 Corp. is currently exploring power options for its Laguna Salada site which is a uranium-vanadium deposit in Patagonia, Argentina. It is expected that a full feasibility study will be completed in about two years. This presentation will detail the process for analyzing power options including transmission connection, gas and wind.• Insight from the initial capex and opex of different power options considered• Key criteria in analyzing these options: life of mine, power needs and local electricity pricing• Drivers behind investigating wind options as part of the site’s energy mix and next stepsRichard Spencer, CEO, U3O8 Corp

5.20 PANEL DISCUSSION: ENERGY SOLUTIONS FOR NEW MINING OPERATIONS

• What is current best practice for estimating the energy cost of mines at the feasibility stage?• How do energy cost assumptions impact the investment profi le of new sites?• Insight on how conventional and renewable energy options are analyzed for new operations• What information would assist mines when weighing a wider variety of power options?• Why do renewables win or lose against diesel for remote operations? Tony Makuch, President and CEO, Lake Shore GoldRichard Spencer, CEO, U3O8 CorpJared Lazerson, Chief Executive Offi cer, MGX MineralsCatharine Farrow, CEO and Director, TMAC Resources

6.10-7.10 THE SUMMIT COCKTAIL PARTY SPONSORED BY:

7.30 MINES AND VIPS DINNER (INVITATION ONLY)


Agenda


9.00 CHAIR’S REMARKS

Adrienne Baker, Director, Energy and Mines

9.10 SESSION 5: BUILDING BRIDGES BETWEEN MINING AND RENEWABLES

Right now there is a global opportunity for the mining and renewable energy sectors to work together to drive affordable, sustainable and reliable power solutions for the mining industry but it requires better collaboration and understanding between the two industries. This session will bring together seminal leaders from mining and renewables to discuss how to build bridges between the sectors to accelerate the uptake of new power options for mines. • How do renewables fi t with the evolving energy demands of the global mining sector?• What are the cultural barriers between mining and renewables and how can they be bridged?• What does the renewables sector need to better understand about mining’s energy priorities? • Ideas on how to build fi nancial models to facilitate the uptake of mining-renewables projects• How can mining and renewables work together to accelerate power innovation Chair: Chris Benedetti, Principal, Sussex Strategy GroupBenoit La Salle, President and CEO, Windiga EnergyMichael Winship, President Elect, Canadian Institute of Mining, Metallurgy and Petroleum and Director, Rubicon Metals Joel Link, Vice President of Development and Global Head of Mining Development, SolarReserve

10.00 SESSION 6: DE-RISKING RENEWABLES INVESTMENTS FOR MINES AND IPPS

Despite growing interest from the mining sector in integrating new energy solutions including solar, wind, bioenergy, hydro and storage into their power supply, project investment remains a challenge. To ensure that a project is bankable, the risks for the mine and the independent power producer have to be shared and mitigated as much as possible. This session will explore the latest thinking behind delivering bankable mining-renewables projects to investors.

10.00 DEVELOPING COMMODITY-PRICE INDEXED PPAS

Voltiq, a fi nancial advisory fi rm specializing in renewable energy and transmission, is developing an innovative fi nancial instrument for renewables for mines that offers price fl exibility for mine offtakers while delivering price certainty for IPPs. Beginning with copper pricing and focusing on the Chilean mining sector, this innovative approach addresses key investment concerns for mines and IPPs.• Linking power price to copper pricing over a 10 to 20-year term• Key parameters of individual mines taken into consideration including head grades and energy profi le • Benefi ts for mine offtakers including operational savings, lower risk profi les and margin stabilityManuel Cabrerizo, Partner, Voltiq


11.00 PANEL DISCUSSION: FINANCING RENEWABLE ENERGY PROJECTS FOR MINES

• What do lower commodity prices mean for energy investments and innovations for mines?• How would investors assess risk for these deals and what are the main fi nance barriers? • Critical insight from mining leaders on the challenges of long-term power contracts• On-balance sheet fi nance – pros and cons for mines and IPPs • What solutions are emerging to address the life-of-mine and project payback challenge?• Building fl exibility into the PPA terms – what’s possible and how does this add to pricing?• Feedback on the idea of providing energy pricing fl exibility to mines and certainty for IPPs• What is the current thinking behind resale and long-term ownership of these assets? Richard Reeves, Managing Director, Project Finance Americas – Mining and Minerals, MUFG Union Bank Sean Whittaker, Senior Renewable Industry Specialist, International Finance Corporation Jack Bittan, Senior Vice President, Business Development, Capstone InfrastructureAndrew Lin, Managing Director, Project Finance, DBRS

11.55 NETWORKING LUNCH WELCOME

A Repressentative, Tugliq

12.00 NETWORKING LUNCH SPONSORED BY:


Agenda


ENERGY TECHNOLOGIES AND SOLUTIONS STREAM

1.00 TECHNOLOGY SPOTLIGHT: BIOENERGY APPLICATIONS FOR MINES

The combination of bioenergy’s ability to deliver baseload power, offer waste management capabilities and the potential community benefi ts make it an attractive solution for mining companies. This session will examine the challenges and opportunities that bioenergy offers mines.

1.00 CASE STUDY: POWERING UNDERGROUND EQUIPMENT WITH BIODIESEL

Kirkland Lake Gold is an operating and exploration gold Company in Kirkland Lake, Ontario which is located in the Lower Abitibi Greenstone belt in northeastern Ontario.• What were the benefi ts of switching to a biofuel blend for

underground equipment?• Specifi cs on the cost savings and emissions reductions from biofuelsMike Shuman, Manager of Maintenance, Kirkland Lake Gold

1.20 INTERACTIVE PANEL: BIOENERGY FOR MINES – BENEFITS, CHALLENGES AND APPLICATIONS

Chair: Tom O’Neill, Energy Specialist, Canada Clean FuelsMike Shuman, Manager of Maintenance, Kirkland Lake Gold

2.10 SOLUTIONS SPOTLIGHT: SETTING AND ACHIEVING ENERGY EFFICIENCY TARGETS

The fi rst step for mines in addressing energy challenges is identifying operational effi ciency and energy savings opportunities. This session will explore the latest solutions and results mines can achieve through energy effi ciency initiatives for remote and grid-connected operations.

2.10 CASE STUDY: MAXIMIZING ENERGY EFFICIENCIES FOR GLOBAL OPERATIONS

• Overall Kinross approach to energy effi ciency• Identifying effi ciency priorities and new opportunities for savings • Tracking site by site performancePedro Marujo de Almeida, Manager, Global Energy Effi ciency Program, Kinross Gold Corporation

2.30 CASE STUDY: ENSURING THE BEST ROI FROM ENERGY SAVINGS

Barrick Gold’s only Canadian operation, Hemlo mines, is in northern Ontario and is a 10,000 tonnes throughput underground and open pit mine. • Lessons learned in designing and executing an energy management

plan at Hemlo• Ensuring the best return on investment for energy effi ciency initiatives• Next steps for energy management and savingsChih-Ting Lo, Energy Manager, Barrick-Hemlo

2.50 CASE STUDY: JOURNEY TO THE 40% MINE: REDUCING PRIMARY ENERGY CONSUMPTION

This sector-wide initiative aims at reducing primary energy consumption by 40% for all fuels for mining and this presentation will detail case studies on energy reduction from Glencore and ValeDean Millar, Director of Energy, Renewables and Carbon Management, MIRARCO

3.10 COLLABORATING ON ENERGY SAVINGS FOR UNDERGROUND OPERATIONS

Highlights from an innovative collaboration between mining operators and industry partners to improve the energy consumption profi le of deep mines Damien Duff, Vice President, Geoscience & Geotechnical R&D, Centre for Excellence in Mining Innovation


STRATEGY STREAM

1.00 SESSION 7: CARBON MITIGATION FOR MINE OPERATORS

Global mining operators are currently reviewing their carbon footprints and reduction strategies as part of a move towards more sustainable energy and to prepare for anticipated carbon pricing. This session will explore best practices in carbon calculation and reduction for mine operators and the role of renewables in mitigating mining’s GHG footprint.

1.00 CASE STUDY: IMPLEMENTING ENERGY AND GHG EMISSIONS IMPROVEMENT

• Insight on Teck’s carbon footprint calculation and emissions reduction targets

• Next steps in reducing CO2 emissions through effi ciency and energy projects

• Understanding the potential impacts of carbon pricing and developing new reduction goals

Chris Adachi, Leader, Energy and Carbon Management, Teck Resources

1.20 PANEL DISCUSSION: DEVELOPING MINING’S CARBON STRATEGY

Chris Adachi, Leader, Energy and Carbon Management, Teck ResourcesMarc Butler, Director of Regulatory Affairs, Sudbury Nickel Operations, Glencore

2.10 SESSION 8: BOOSTING SOCIAL LICENSE WITH ENERGY PARTNERSHIPS

The global mining sector is well positioned to play a critical role in developing the power needs of remote communities where they operate. Electrifying surrounding communities that are dependent on diesel enhances social license to operate and creates legacy assets for mines. This session the benefi ts of energy partnerships with surrounding communities.

2.10 CASE STUDY: THE BENEFITS OF INTEGRATING RENEWABLES INTO COMMUNITY DEVELOPMENT

2.30 PANEL DISCUSSION: BOOSTING SOCIAL LICENSE WITH ENERGY PARTNERSHIPS

• Insight from experts on the role of energy in building social license to operate

• What role do communities see for partneships with mining companies on energy infrastructure?

• What are the preferred energy choices for communities?• Current examples of mining-community partnerships that have

reduced diesel dependence • Insight on the availability of fi nance and government support for

remote power solutions that benefi t communities Chair: John Gorman, President and CEO, Canadian Solar Industries AssociationDave Porter, CEO, BC First Nations Energy and Mining CouncilDerek Satnik, Managing Director and CIO, MIndscape Innovations



EARLY BIRD STANDARD PRICE

TWO-DAY SUMMIT CDN$ 1395 + HST (Aug 1st until Sep 16) CDN$ 1595 + HST (from Sep 17)

PRE-SUMMIT WORKSHOP CDN$ 695 + HST

SUMMIT PLUS WORKSHOP CDN$ 1795 + HST CDN$ 1995 + HST

Special rates available for mines, group bookings and members of supporting partners.

Contact [email protected] for details.

+1 613 627 2787 [email protected] www.energyandmines.com/toronto

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Agenda


3.50 SESSION 9: INTEGRATING RENEWABLES INTO MINE REHABILITATION

One of the key areas where mining and renewable energy can partner successfully is in developing power projects on former mine sites. For mines, there is a legacy and social benefi t to integrating a renewables project into a rehabilitation plan. And for developers, former mine lands do not have the same litigious and environmental permitting hurdles that public lands often present for utility-scale projects.

3.50 SUPPORTING RENEWABLES DEVELOPMENT ON FORMER MINE LANDS

Shahid Mahmud, Team Leader, EPA National Mining Team, US Environmental Protection Agency (EPA)

4.10 PANEL DISCUSSION: ENHANCING MINE CLOSURE AND RECLAMATION WITH RENEWABLES

• What are the main benefi ts of integrating renewable energy projects into mine closure plans?

• What has been the response from community stakeholders to these legacy assets?

• What are the fi nancial benefi ts of incorporating these projects into mine rehabilitation plans?

• At what point in a mine’s life is it best to begin looking at renewables as part of reclamation?

• Feedback from the US EPA on its experience in supporting renewables on reclaimed mine lands

• What other government incentives support mines in exploring renewables as part of reclamation?

3.50 TECHNOLOGY SPOTLIGHT: WHEN DOES GAS MAKE SENSE?

The pressure to reduce costs and greenhouse gas emissions coupled with the apparent abundance of gas supply is encouraging mines to look at this alternative fuel source to power operations and equipment. This session will feature mines that have recently invested in gas and explore the benefi ts and challenges of this cleaner fuel source.

3.50 CASE STUDY: REDUCING DIESEL DEPENDENCE WITH LNG

Stornoway Diamond is implementing an LNG power plant for its Renard Diamond Project in the James Bay region of north-central Quebec. The mine explored various options to reduce diesel dependence for the operation.• Details on the mine’s LNG power plant to provide 9.5M of power• What are the immediate operational savings for

the mine and the long-term outlook?• Lessons learned from implementing the project and next stepsGhislain Poirier, Vice President of Public Affairs, Stornoway Diamond

4.10 PANEL DISCUSSION: REDUCING OPERATING COSTS WITH NATURAL GAS

• Insight from mines who have recently chosen natural gas to power new operations – why did you go with this alternative fuel source over diesel and renewables?

• How does the cost and payback of new LNG facilities or generators compare to diesel?

• What are mines expecting in terms of carbon emissions reduction by choosing gas?

• What back-up systems are needed with gas to ensure stable, consistent power?

• What are the practicalities and potential drawbacks of this alternative fuel source?• What is required in terms of maintenance of gas power plants or generators?Chair: Thomas Aubee, Principal, TACOMBob Dodds, CEO, Augustine Ventures

5.00 THE FRIDAY PARTY


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