Successful Mine Closure Requires Management of the Many Metrics Impacting Legacy and Life-Cycle Financing

Today, miners and financiers need to incorporate a broader perspective that considers the post-mining context, including engineering for long-term conditions and socio-economic transitioning, and how these affect closure costs. In this panel we’ll explore the various challenges mining companies will encounter beyond the operational life of the mine and the gaps owners, investors, advisers, and communities need to address for long-term success.

Additional topics to be covered:

  • Socioeconomic factors affecting the transition to closure, from a financial perspective
  • The contemplation of early closure, and how it will affect the cost and economic models
  • Realistic mine repurposing and who pays for it?
  • How do we place value on things that won’t show up on the closure balance sheet?
  • Closure cost estimation within the confines of the new SEC S-K 1300 regulations
  • Best approaches to ensure long-term closure success

Moderator: Jeff Parshley, PG, CPG, CEM, Group Chairman and Corporate Consultant, SRK Consulting

Panelists: 

  • Dirk Van Zyl, Senior Review Consultant, Tailings and Mine Rock Management, University of British Columbia
  • Ed Opitz, Vice President, Safety and Sustainability, Kinross Gold Corporation
  • Tony Scott, Managing Director, Macquarie Metals and Energy Capital (Canada) Ltd
  • Jim Harrington, CEO, Ensero Solutions

 

Click here to register!

 

SRK Presenter