CIS Precious Metals Summit February 15-16, 2007 Marriott Grand Hotel, Moscow, Russia Now in its second year the CIS Precious Metals Summit is undoubtedly the industry’s premier event offering mining companies and potential investors the unique chance to evaluate industry developments and to expand their knowledge on how to approach and manage risks, achieve successful operations, develop profitable projects for shareholders and build business alliances with local partners. Last year the Summit gathered more than 200 international and domestic players from more that 15 countries for a two-day interactive debate on the challenges and opportunities in the CIS Precious Metals market. In 2007 the speaker panel of the Summit will include even more high-profile industry experts, outstanding international analysts, financiers and regulators. Just some of the highlights of the CIS Precious Metals Summit 2007 • Regulatory Panel: Interactive debate with key regulators offering a high-level platform for discussion of current and future legislation in the sector. What is the way forward for regulation in the Russian and CIS precious metals sector? • Analysts’ Panel: Leading metals experts will analyze supply and demand, pricing politics, reasons behind the increase in demand for gold, and how long the volatility of the precious metals market will last • CASE STUDY SESSION - Opportunities for Exploration Companies in Russia and the CIS: Learn from practical case studies presented by the leading domestic and international exploration companies highlighting challenges faced, solutions found and best practices achieved • Spotlight on Central Asia: An extended session entirely devoted to evaluating existing prospects for the exploration and mining of precious metals in Kazakhstan, Tajikistan, Kyrgyzstan, Uzbekistan and Mongolia Spotlight on the Russian Regions: Keynote presentations given by regional government representatives from the most developed gold-bearing regions in Russia, highlighting current conditions and investment opportunities in the regions. Background: Russia and the CIS’s gold and precious metals industries are growing steadily: consolidation is underway, foreign direct investment is rising and many major mining companies entered the region to benefit from the high quality resources. Russia will rapidly increase gold production in 2008-2009- total annual output of gold should reach at least 250-270 metric tons and gold will continue to gain against all major currencies in the world. Despite these positive developments, the CIS precious metals industry is facing new challenges: optimisation of management, ensuring the transparency of assets and restructuring, are just a few of them. When will new deposits be developed and how will they be explored? How will the domestic precious metal market’s potential be utilised? How will the taxation environment evolve and what sources of finance will the industry use? What role will be taken by banks in the “metal” business and what shape will the precious metals industry take in the near future? Mark Lisnyansky |