Global Exploration Trends 2015
by Glen Jones, Director, SNL Metals and Mining
Exploration companies continued to face headwinds in 2014, leading many to cut exploration budgets across the board. As a result, companies are budgeting to spend even less in 2015.
Higher operating and capital costs, lower ore grades, and uncertain demand for commodities have required major companies to focus on a return to healthy margins after years of growth-oriented spending. To that end, the majors have been divesting non-core assets and cutting back on capital project and exploration spending.
The juniors continue to battle lackluster investor interest, which has forced the group to rein in spending in order to conserve funds.
Find out where the cuts are happening and where the remaining exploration dollars are being spent.
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. At the same time, he was also 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.
With his detailed knowledge of the mining industry and activity globally, Glen is often invited to speak at seminars and conferences around the world.
$20.00 for members
$25.00 for non-members
Ramada Hotel Downtown
708 – 8th Avenue SW.
Doors Open at 11:30 am
Talk Commences at 12:00 noon
Please confirm your intention to attend by email to firstname.lastname@example.org so that the appropriate number of sandwiches can be ordered. If you would like to present a lunch time talk to a keen audience of 50 or 60 professionals, please contact Glen Jones at: email@example.com or telephone Glen Jones: 403-202-8683; Mobile: 403-651-3086 to submit your topic and abstract for review. If you or your company would like to sponsor a meeting please contact Glen Jones for further information.