Gold Mine of the Future

Event Information
TOPIC: ECONOMICS
Fee
R250
Venue
Johannesburg
Contact
Sibongile Nkawu: +27 11 771 4390

Additional Forum Information

Registration: 17h45 - 18h00

Forum Start Time: 18h00​​​​​​​​

Length: 1 hour 30 minutes

Cocktails will be served after the event

 

About

The SA gold industry is going through significant turmoil at the moment which will inevitably impact on the way these mines will be structured in future. Amid challenging market and financial conditions, complex stakeholder relations and low gold prices it has become more complex to manage a gold mine. Nevertheless the global gold mining sector remains relevant, particularly so for emerging countries with a high resource dependency. Nick Holland, CEO of Gold Fields, takes a look at the "Gold Mine of the Future" and how this mine has to be positioned, structured, managed and organised to prosper in a difficult market environment. This goes beyond the mechanisation and innovation required to operate a mine of the future; he also looks at the possible organisation and ownership of a future mine, the skills and leadership needed to run such a mine and the relationships with stakeholders – investors, employees, communities and governments – required to ensure that this mine is sustainable. He will also provide some insights on Gold Fields' journey on this path to date, with some successes to report but also many lessons learned.

 

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 Content Editor

More information

Speaker details:

Nick Holland has been CEO of Gold Fields – the South African-based gold miner – since 2008. Prior to that he was CFO of the company for 10 years. Under Nick the company has introduced its vision of "Being the global leader in sustainable gold mining" and has made significant strides in becoming a truly global mining company with operating mines in four countries. He has also led the industry in implementing more reflective cost measures after setting out an honest analysis of the adverse state of the industry during a Melbourne Mining Club presentation in 2012. Since then Nick has been exceptionally busy at Gold Fields, amongst others, unbundling its legacy gold mines in South Africa into Sibanye Gold and buying three Barrick gold mines in Western Australia.

Before joining Gold Fields Nick held senior position in other South Africa mining companies, including Impala Platinum and Gencor. He joined the mining industry in 1990 from accounting firm Deloitte where he spent the first 11 years of his professional career after graduating with a B.Com and B.Acc from Wits University in Johannesburg. Nick matriculated at King Edwards VII School, also in Johannesburg.

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