February 2012

Mines and Money and MineSight

Almost every month you’ll find Mintec and MineSight represented at mining tradeshows around the world. In December, Mintec Chairman Fred Banfield joined the MineSight Applications London team at Mines and Money 2011 in Islington, North London.

We attended Mines & Money, Dec 6-7. As its name suggests, Mines and Money is primarily an investment conference. It gives an opportunity for the mainly smaller junior miners to present themselves to the investment community. Unlike more conventional shows, it is not aimed at suppliers, but all the main consulting groups and software vendors are traditionally present. The exhibition is run in parallel to a conference, which discusses industry trends and risks, among other subjects.

Mintec chairman Fred Banfield (right) made the trip from Tucson to attend December’s Mines and Money show in London.

This was the first year MineSight had attended and about 200 companies were present.

Both days were very busy. The show is all about trying to establish the contact for decisions on software. Lengthy demonstrations are rare and we spent as much time visiting other stands as we did hosting people at ours. Discussions were held with each of the major consulting groups, as well as with some target juniors. These were cultivated during the weeks following the conference.

Mines and Money featured some of the top speakers in the industry, including Andrew Forrest, chairman of Fortescue Metals Group and Brian Menell, CEO of Kemet Group.

Overall, the conference was a success and met MineSight’s objectives. It provided useful contacts and helped us continue to put MineSight on the map.