The conference by the industry for the industry
The London Bullion Market Association 13-14 Basinghall Street London EC2V 5BQ t. +44 (0)20 7796 3067 f. +44 (0)20 7796 2112
[email protected] www.lbma.org.uk
The LBMA (LPPM) Precious Metals Conference 2011 18 – 20 September Le Centre Sheraton Montreal, Canada
Why You Should Attend This Conference Senior representatives of all sectors of the precious metals markets will be in attendance at the LBMA (LPPM) Precious Metals Conference, the premier event in the industry calendar. Now in its 12th year, the LBMA (LPPM) Conference adds insight into the vital issues affecting the precious metals markets. At the 2010 Precious Metals Conference in Berlin, Germany we sold out the Conference for the second time in a row. This year we look forward to another record breaking attendance including dealers and central bankers, as well as consultants, investors, refiners, miners, and fabricators. Central Bankers… Dealers… Producers… Fabricators… Refiners… Brokers… Analysts… Marketers. There’s a place for all market players at the LBMA (LPPM) Conference. Make sure to reserve yours.
To register, please visit our website: www.lbma.org.uk
Networking Opportunities Sunday Welcome Reception Sponsored by the LBMA’s Canadian Good Delivery Refiners, Johnson Matthey and Xstrata Networking opportunities with live jazz, begin during Sunday evening’s Welcome Reception at Le Centre Sheraton. Montreal has been home to the world’s largest jazz festival since 1970, so live jazz is a must-see for visitors to Montreal.
Canadian Silver Coin
Winter Wonderland Dinner & Cirque Eloize Show Sponsored by the Royal Canadian Mint Monday evening’s festivities celebrate both Canada’s northern heritage and Montreal’s famous circus tradition. Networking continues at the Cocktail Reception, followed by the Conference Dinner, both at the historic Windsor Station. Between courses, delegates will be treated to a complete Cirque Eloize show. Breath-taking performances include two aerial acts, followed by the Cyr wheel and will end on a high with the Russian Bar.
Cocktail Reception
Aerial Straps, Cirque Eloize
Cyr Wheel, Cirque Eloize
Russian Bar, Cirque Eloize
Conference Programme Sunday 18 September 17:30 – 19:00
Welcome Reception, Fourth Floor, Ballroom Foyer, Le Centre Sheraton Sponsored by Johnson Matthey and Xstrata Canada
Monday 19 September 09:00
Opening Session Welcome – Stewart Murray, LBMA Chief Executive
Keynote Speech – Pierre Lassonde, Chairman, Franco-Nevada
10:30
Break
11:00
Session 2: Precious Metals Investment – Laying The Foundation
Introductory Remarks – LBMA Chairman David Gornall, Global Head of Precious Metals Trading, Natixis
Precious Metals Regulation – Barbara Ridpath, Chief Executive, International Centre for Financial Regulation
Chairman – Steven Lowe, Managing Director, Bank of Nova Scotia - ScotiaMocatte
Are all Commodities the Same: Precious Metals Versus other Commodities – John Fallon, President, Pia Capital Management
The Realpolitik of Gold – James Steel, Precious Metals Analyst, HSBC Bank USA
The Macro Case for Gold - $500 or $5000? – Douglas J. Hepworth, CFA, Director of Research, Gresham Investment Management LLC
12:30 – 13.45
Lunch – Fourth Floor, West Ballroom, Le Centre Sheraton
13.45
Session 3: Precious Metals Investment – The Hedge Fund View
Chairman – Andy Smith, Senior Metals Analyst, Jefferies-Bache Commodities Ltd
Gold Investment: Metal, Equity, or ETF? – Tba, Palaedino Group
Silver Investment: Long History, Short Future? – Som Seif, CEO, Claymore Investments Inc
PGM Investment: Fundamentally Flawed? – Christoph Eibl, CEO, Tiberius Group
15:00
Break
15:30
Session 4: PGMs Fundamentals – Filtering Fact from Fiction
Chairman – Tom Kendall, Research Analyst – Precious Metals, Credit Suisse
Future Trends in Off Road Engine Demand: Platinum Saviour? – Ben Tiley, Global Account Manager, Johnson Matthey Inc.
Producer Pressures: The Inside Story – Stuart Murray, CEO, Aquarius Platinum Ltd
Chinese Statistics: Lost in Translation? – David Jollie, Strategic Analyst, Mitsui & Co Precious Metals, Inc.
Evening
Cocktail Party & Cirque Eloize Show Sponsored by the Royal Canadian Mint Followed by the Conference Dinner at the Windsor Station
Tuesday 20 September
Coins and Bars: Demand or Supply? – Terry Hanlon, President, Dillon Gage Metals
13:30
Lunch – Fourth Floor, West Ballroom, Le Centre Sheraton
09:00
Session 5: China & India - the Evolution of Golden Giants
Close of Conference
Chairman – Albert Cheng, Managing Director, Far East, World Gold Council
Silver Usage in the Photovoltaic Business: Electrifying Demand? – Andy London, Global Manager of Photovoltaic Business, Heraeus Materials Technology LLP
14:00
14:15
Bullion Market Regulation Workshop: Responsible Gold
Increasing Chinese Consumerism and Propensity to Save – Wai-Chan Chan, Director, Partner, OC&C Greater China
12:00
Session 7: Threats, Myths and Opportunities – the Grand Debate
Chairman – Ruth Crowell, Commercial Director, LBMA
LBMA Responsible Gold Guidance – Stewart Murray, Chief Executive, LBMA
Break
Panel – Grant Angwin, General Manager, Johnson Matthey Raymond Key, Managing Director, Deutsche Bank Trevor Raymond, Head: Market Relations, Anglo Platinum Ltd Jon Spall, Product Manager – Precious Metals, Barclays Capital
OECD Due Diligence: Gold Supplement – Tyler Gillard, Legal Expert, Investment Division, OECD
10:15
Conflict Gold: The Good, the Bad and the Ugly – John Bullock, Chairman, IPMI Environmental and Regulatory Affairs Committee
10:45
Session 6: Silver Session - No Longer the Poor Man’s Gold? Sponsored by Silver Institute
Chairman – Michael DiRienzo, Executive Director, Silver Institute
Silver Investment: the Rich Man’s New Strategy – Philip Newman, Research Director, GFMS
12:45
Session 8: Delegate Feedback & Closing Session Chairman – Stewart Murray, Chief Executive, LBMA Conference Summary – Dr Edel Tully, Global Precious Metals Strategist, UBS Investment Bank Prizes Presentation: Best Speaker and Feedback Session Participant
Chinese Gold Market Evolution: A Boom or a Bubble? – Zhao Wenjian, Deputy General Manager, ICBC Precious Metal Department Can India Maintain its Appetite for Precious Metals? – Rujan Panjwani, President, Edelweiss Financial Services Limited
Chairman – Tim Wilson, Managing Director, JPMorgan
Bonsecours Market
Venue/Dates: Sunday, 18th September until Tuesday, 20th September 2011 at the Le Centre Sheraton Hotel Montreal, 1201 Boulevard Rene-Levesque West, Montreal, Quebec H3B 2L7, Canada. t. (514) 878-2000, f. (514) 878-3958, e.
[email protected]. www.starwoodhotels.com/sheraton. Visas: Visas may be required for travel to Canada from some countries. It is advisable to allow sufficient time for all paperwork to be processed ahead of the Conference. Please visit www.cic.gc.ca/ english/visit/business-who.asp for information on whether you require a visa. Registration Fee: The registration fee is £1,150 per delegate for Members and £1,350 for NonMembers. Full payment of the fee is due upon registration. If paying by bank transfer, please ensure that your bank does not deduct any charges from the Conference fee. The fee covers attendance at all sessions, full Conference documentation, refreshments, two lunches, two receptions and the Conference Dinner on 20th September. The cost of hotel accommodation is not included in the Conference fee. Please note that your registration is not confirmed until payment has been received by the LBMA. Early Registration: Register and pay by 5th August to receive a discount of £175 per delegate for Members and £100 for Non-Members.
Marketing Opportunities: The LBMA has arranged exhibitor space in the Conference coffee break area directly adjacent to the Ballroom where plenary sessions will take place. We are delighted to announce that the following companies will be exhibiting: Brady Plc, Brink’s Limited, CME Group, Deutsche Bank Ag, ICAP, London Metal Exchange, Newedge, NYSE Liffe and Thomson Reuters. Stands cost £8,000 for non-members and £6,600 for LBMA members. There will also be a publications table where organisations can present their marketing materials for a charge of £250 per document. The Conference issue of the Alchemist will also be handed out to all delegates. For all marketing opportunities and any further queries, please contact
[email protected] for more details. Accommodation: The LBMA has reserved a limited number of rooms at the Conference hotel, Le Centre Sheraton at reduced rates for Conference delegates. To secure your accommodation, please click here. For more information please contact the Reservations Department directly: t. (514) 878-2000, f. (514) 878-3958, e.
[email protected]. Availability at the hotel is limited and rooms will be allocated to delegates on a first come, first served basis. Early registration is strongly advised. Flights Air Canada: The LBMA is proud to have Air Canada as the official airline for the 2011 Conference. LBMA has arranged 10% discount on Business Class travel with Air Canada, for the first 200 passengers. To book your flight, access www.aircanada.com, enter your flight details and insert the promotion code QN4PEGB1 in the search panel.
Credit Card Payments Only: LBMA now only accepts credit cards as a method of payment for conference fees. If you are unable to pay by credit card, please contact
[email protected] for assistance. Cancellation/Refund Policy: Cancellations received in writing on or before 26th August will be refunded less an administrative charge of 20%. We regret that cancellations cannot be accepted thereafter. Substitutions are acceptable at any time. In the unlikely event of the conference being cancelled, any delegate registration fees will be refunded in full less any credit card charges. Partner Registration and Programmes: Accompanying partners of delegates (e.g. spouses but not business partners) may register for the Conference for a fee of £190, which covers attendance at the two receptions and the dinner. Cancellations of partner registrations made on or before 26th August will be refunded less a 20% administration charge. No refunds can be made after that date.
Enquiries: For further information, please contact the London Bullion Market Association (t. +44 (0) 20 7796 3067; f. +44 (0) 20 7796 2112; or e.
[email protected]).