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Day 2- Session 6: Strategic Metals and the Clean-tech Revolution Transforming Artisanal & Small Scale Mining Objective Capital Global Mining Investment Conference 2010 Stationers' Hall, City of London 28-29 September 2010 Speaker: Mike Davis - Global Witness
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GLOBAL MININGINVESTMENT CONFERENCE 2010
STATIONERS’ HALL ● CITY OF LONDON ● TUESDAY-WEDNESDAY, 28-29 SEP 2010www.ObjectiveCapitalConferences.com
Investment Conferences
Transforming Artisanal & Small Scale Mining Andre Van Zyl – Managing Director, Oak Ridge Mining Solutions
DAY 2 - SESSION 6: SUSTAINABLE MINING & CONFLICT RESOURCES
Other sponsors & participating organisations:
GLOBAL MININGINVESTMENT CONFERENCE 2010
Lead sponsors:
Media partners:
The Fairmining Solution
Transforming artisanal and small scale mining
AgendaIntro videoBackground to Oakridge involvementOverview of conflict situation in East CongoCurrent situationThe fairmining solutionProject Kivu – first fairmining implementationThe future of fair mining
Artisanal mining in Congo
Community based mining
Background to Oakridge InvolvementBy invitation - we got involved based on request
from local stakeholders groups
Background in corporate business transformation, troubleshooting and root cause analysis
Our approach was region development focused, not mining specific
We spend 12 months detailed on the ground analysis and investigation before putting a proposal together.
We are developing the solution in conjunction with all local stakeholders
We are developing solutions with repeatability in mind
Overview of conflict situation in Congo It is not as complex as it seems
It is there by design
Blood minerals – not all minerals are fueling war (Blood Gold)
Resolving the conflict situation will result in many people losing a lot of money
Our initial root cause analysis showed many anomalies when compared with what gets reported in main stream media
Aid is a big cause of corruption
NGO’s creating a false economy
Economic development and job creation is the only solution
Current situation in North KivuStrong and cohesive voice for artisanal mining
starting to emerging out of North Kivu Joint meetings between Local Communities,
SAEESCAM, COMIMPA, ANR, Comptoirs, Mining Police, Government and UN Expert Group
This voice does not effectively reach international advocacy and media. We are launching platforms to address this www.walikali.com and www.habarizakweto.net
Mineral ban in North Kivu, South Kivu and Maniema (Coltan, Wolframite and Cassiterite)
Developing the artisanal mining sector in these regions now high on DRC government agenda.
The fairmining solutionIt is a holistic, generic, business
approach to community based mining that is contextual in it’s implementation
Product Scope – All metals and minerals
Key elementsSocial and economical developmentEnvironmental developmentTransparent and traceable (compliance)Ethical trading
The fairmining solutionProprietary communication platform
www.fairmining.com
Best in class information and process management systems and infrastructureFully integrated management information systemsReal time KPI monitoring and management facilitiesBalanced scorecard methodology implementedHF Radio based email facilities in rural areasRFID tracking
Detailed financial and revenue distribution model
www.fairmining.comSecure chain of custody module (mining certificates of
origin)Trading platform
Ethical metals and stones trading platform Baseline traceable and transparent
Level 1 – fully independent certified FT/FM products Gold and associated metals South America – premium 10-15%
Level 2 – internally verified sourced minerals from fairmining partners/products No premium All metals Incl 2nd party ethical products
Level 3 – recycled metals
Communities and projects (social networking)
Project Kivu - fairmining implementationKalminco, the first majority locally
owned Congo minerals company in North Kivu
80% of profits stays in the CongoVery attractive ROI to investors (eg.
Phase 2 gives 100% ROI in 12 months)Will become operational as part of the
DRC government’s initiatives to clean up the mineral trade in North Kivu
Fairmining Investment opportunitiesProject KivuThree more Fairmining implementations are
under negotiation and will become available soon600 km2 concessions to be developed in DRC –
business plan available in November 2010Ghana – early 2011Sierra Leone – early 2011
Investors that are seriously looking for both high social and financial dividends are welcome to talk to us
Other sponsors & participating organisations:
GLOBAL MININGINVESTMENT CONFERENCE 2010
Lead sponsors:
Media partners:
