Who attends Paydirt's Gold Conference?
- Mining Executives
- Government Officials and representatives
- International and local media
- Mining service industry
- Mining Consultants
Having found lift during the scramble for safe-haven assets during the global financial crisis, gold has continued its rise into unchartered territory.
Reaching record heights of more than $US1,500 per ounce in 2012, gold is undoubtedly the in vogue commodity in the global resources industry. Majors want to increase their production, mid-size companies want bolster cash flow and juniors are seeing their chance to create company-making assets.
The speed with which the industry is moving is remarkable. Projects are springing up all over the world as investors and bankers look for winning stories in which to pour the funds allocated to them from government quantative easing packages. Whether developments are taking place in Western Australia or West Africa, if gold is the commodity seeking funding, term sheets are swiftly put in place for the yellow metal.
High gold prices also means larger profits for those companies already producing, generating excess cash which is being reinvested in the rampant merger and acquisition circuit. Barrick Gold spent big on Equinox Minerals in 2011 and with a rash of junior mergers occurring last year, there appears to be a new generation of international, multi-mine mid-tier companies emerging.
Exploration, too, which tailed off so dramatically during the height of the global financial crisis, is once again being fed by larger budgets. Initial public offerings for gold hopefuls have dominated the ASX as many begin their quest to be the next big market mover.
Paydirt’s Gold Conference has, for many years, played host to those emerging stories, long before they were taken over by the big boys. This year the event will be held on Wednesday 11 April at the Novotel Perth Langley Hotel. It represents a great opportunity to present your story, sell your products and, most importantly, to do those deals which are simply waiting in the wings.