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Opportunities & Challenges in the Global mining Sector

Alberto Quiroz
Alberto Quiroz

The document discusses opportunities and challenges of working abroad in the mining sector. It notes that mining involves diverse activities from prospecting to extraction to processing. New technologies present opportunities but the sector also faces challenges such as volatile commodity prices, difficulty finding ore deposits, and lack of infrastructure. Logistical challenges are significant for mines located far from urban centers with limited transportation options.

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OPPORTUNITIES & CHALLENGES WORKING ABROAD IN THE MINING SECTOR 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
OPPORTUNITIES Mining is diverse: Prospecting Drilling Extracting Processing Product Delivery 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
MINING IS DIVERSE 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
MINING IS DIVERSE Prospecting: Mapping 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
MINING IS DIVERSE Drilling Extraction -Production 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
MINING IS DIVERSE Processing Delivery 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
OPPORTUNITIES Mining is diverse: Prospecting Drilling Extracting Processing Product Delivery Each area present diverse opportunities different from the traditional mining equipment. 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
OPPORTUNITIES Think of the challenges faced by mining: Cyclical dependent on world commodity prices. Ore deposits harder to find. Economies of extraction becoming more difficult. Talent shortage. Increased environmental regulation. Safety Community impact. Stakeholder involvement. 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
MINING IS CYCLICAL 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
ORE DEPOSITS HARDER TO FIND AND EXTRACT 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
TALENT IS HARD TO FIND 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
ENVIRONMENTAL REGULATION 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
SAFETY 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
COMMUNITY STAKEHOLDERS 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
OPPORTUNITIES Thinking of the challenges faced by mining: Cyclical dependent on world commodity prices. Ore deposits harder to find. Economies of extraction becoming more difficult. Talent shortage. Increased environmental regulation. Safety Community impact. Stakeholder involvement. 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
OPPORTUNITIES New advanced technologies: Instrumentation Geo-Positioning- Mapping Services camps-food-shelter-labs-education-training Automation Remote control Information and communication Technologies Data analysis- Risk management Ore processing Energy efficiencies and Energy management 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
CHALLENGES FOR THE EXPORTER Selecting the market SWOT Solid Market Research- before your visit 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
CHALLENGES FOR THE EXPORTER Prepare, Prepare, Prepare Failing to prepare is preparing to fail Train your personnel Stay focused 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
CHALLENGES Understand your customer- Drivers Understand who will use your product Understand the country and the culture Make sure you and your product will make a difference Know and analyze your local competition 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
CHALLENGES Be ready to go when others are leaving 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
LOGISTICAL CHALLENGES Mines away from urban centers Infrastructure limited or non-existent Time to get there Time to deliver Transportation resources limited Cargo moving is limited Scheduling 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
LOGISTICAL CHALLENGES Lack of Infrastructure Time to get there 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
LOGISTICAL CHALLENGES Infrastructure- non existent 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
LOGISTICAL CHALLENGES 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
RESOURCES AT HOME Trade Commissioner Services https://www.tradecommissioner.gc.ca Export Development Canada (EDC) www.edc.ca Business Development Canada (BDC) www.bdc.ca Provincial Governments and other Federal Agencies Ontario Ministry of Economic Development Atlantic Opportunities Canada (ACOA) Quebec International Trade and Invest British Columbia Saskatchewan Trade and Export Partnership 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
RESOURCES AT HOME Forum International Trade Training FITT www.fit.ca International Business Training programs Industry-driven world authority on global trade Foreign embassies Local bi-national chambers of commerce Cultural associations 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
THANK YOU Alberto Quiroz, CITP, P.Eng. Alberto.Quiroz@bell.net Images courtesy of: Alamos Gold Inc. Barrick Gold, Ghana Mining organization, Infomine, and google images. 6/3/2014ALBERTO QUIROZ CITP, P.ENG.

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Opportunities & Challenges in the Global mining Sector

  • 1. OPPORTUNITIES & CHALLENGES WORKING ABROAD IN THE MINING SECTOR 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 2. OPPORTUNITIES Mining is diverse: Prospecting Drilling Extracting Processing Product Delivery 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 3. MINING IS DIVERSE 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 4. MINING IS DIVERSE Prospecting: Mapping 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 5. MINING IS DIVERSE Drilling Extraction -Production 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 7. OPPORTUNITIES Mining is diverse: Prospecting Drilling Extracting Processing Product Delivery Each area present diverse opportunities different from the traditional mining equipment. 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 8. OPPORTUNITIES Think of the challenges faced by mining: Cyclical dependent on world commodity prices. Ore deposits harder to find. Economies of extraction becoming more difficult. Talent shortage. Increased environmental regulation. Safety Community impact. Stakeholder involvement. 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 10. ORE DEPOSITS HARDER TO FIND AND EXTRACT 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 11. TALENT IS HARD TO FIND 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 15. OPPORTUNITIES Thinking of the challenges faced by mining: Cyclical dependent on world commodity prices. Ore deposits harder to find. Economies of extraction becoming more difficult. Talent shortage. Increased environmental regulation. Safety Community impact. Stakeholder involvement. 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 16. OPPORTUNITIES New advanced technologies: Instrumentation Geo-Positioning- Mapping Services camps-food-shelter-labs-education-training Automation Remote control Information and communication Technologies Data analysis- Risk management Ore processing Energy efficiencies and Energy management 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 17. CHALLENGES FOR THE EXPORTER Selecting the market SWOT Solid Market Research- before your visit 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 18. CHALLENGES FOR THE EXPORTER Prepare, Prepare, Prepare Failing to prepare is preparing to fail Train your personnel Stay focused 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 19. CHALLENGES Understand your customer- Drivers Understand who will use your product Understand the country and the culture Make sure you and your product will make a difference Know and analyze your local competition 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 20. CHALLENGES Be ready to go when others are leaving 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 21. LOGISTICAL CHALLENGES Mines away from urban centers Infrastructure limited or non-existent Time to get there Time to deliver Transportation resources limited Cargo moving is limited Scheduling 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 22. LOGISTICAL CHALLENGES Lack of Infrastructure Time to get there 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 23. LOGISTICAL CHALLENGES Infrastructure- non existent 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 25. RESOURCES AT HOME Trade Commissioner Services https://www.tradecommissioner.gc.ca Export Development Canada (EDC) www.edc.ca Business Development Canada (BDC) www.bdc.ca Provincial Governments and other Federal Agencies Ontario Ministry of Economic Development Atlantic Opportunities Canada (ACOA) Quebec International Trade and Invest British Columbia Saskatchewan Trade and Export Partnership 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 26. RESOURCES AT HOME Forum International Trade Training FITT www.fit.ca International Business Training programs Industry-driven world authority on global trade Foreign embassies Local bi-national chambers of commerce Cultural associations 6/3/2014ALBERTO QUIROZ CITP, P.ENG.
  • 27. THANK YOU Alberto Quiroz, CITP, P.Eng. Alberto.Quiroz@bell.net Images courtesy of: Alamos Gold Inc. Barrick Gold, Ghana Mining organization, Infomine, and google images. 6/3/2014ALBERTO QUIROZ CITP, P.ENG.