The November 7, 2014 MEG Luncheon will be our Annual General Meeting

Lunch prices:
$20.00 for members
$25.00 for non-members

Ramada Hotel Downtown
Convention Level
708 – 8th Avenue SW.
Calgary, Alberta

Doors Open at 11:30 am
Talk Commences at 12:00 noon

Retreating discovery rates and reduced exploration spending: potential impacts to global production

Glen Jones,  Director, Metals & Mining Database, SNL Metals & Mining

In light of declining discovery rates that will be further compounded by the current anemic state of the exploration sector, and considering the longer time to advance a discovery to production, the gold industry’s future ability to replace production through large discoveries is in doubt.

Analysis suggests that large discoveries made since 1999 might eventually only replace half of the gold produced over the same period. Nonetheless, gold miners have been steadily increasing global production for the past several years, a trend forecast to continue over the near future as many smaller mines under development come on stream.

Presenter’s Biography

Glen Jones is currently a Director for SNL Metals and Mining and has 40 years’ experience in the mineral resource industry.

He worked for a number of mining companies in his early career. He founded Mineral Information Maps in 1980 where he created the “Hot Play” map concept. He expanded the company which monitored global exploration activity, compiled data bases and produced global activity maps until it was sold to Intierra Resource Intelligence in 2003.

Glen then joined Intierra as an Executive director where his role was Head of Data Products and Technology.

He was responsible for data content, production and software development. As an executive director, Glen was instrumental in the expansion and growth of the company especially the data base and web applications. Glen was part of the team that brokered the sale of Intierra to SNL Metals and Mining.

With SNL, Glen is working with a team to help with company integration, product development and merging of the combined Intierra and SNL data bases.

Please confirm your intention to attend by email to vtrapnell@meg.calgary.ab.ca so that the appropriate number of sandwiches can be ordered.