6th MINING & EXPLORATION FORUM6É ÃÎÐÍÎÏÐÎÌÛØËÅÍÍÛÉ ÔÎÐÓÌ

29 SEPTEMBER – 1 OCTOBER 2010, MOSCOW, RUSSIA EFFICIENCY, INNOVATION, GROWTH

THANK YOU FOR YOUR SUPPORT

AGENDA

WWW.MINEXRUSSIA.COM

MASTER CLASSES AGENDA

MINEX 2010 RUSSIA AND CIS29 SEPTEMBER

09.00 – 09.50 WELCOME COFFEE

09.50 – 11.00 “COMPLEX ENGINEERING SOLUTIONS FOR MINING ENTERPRISES” Organiser: TOMS

09.50 Introduction to mining enterprise development stages and processes. Artem Romanchenko, General Director, TOMS Engineering

10.00 Application of modern methodologies and equipment in ore quality studies and development of ore processing technologies. Arkadiy Senchenko, Director, Research and technological Center, NIIPI “TOMS”

10.20 Metallurgical technologies for processing refractory concentrates. Alexander Aksyonov, Chief metallurgist and Head of Metallurgical Laboratory, Research and technological Center, NIIPI “TOMS”

10.40 Discussion

11.00 –11.30 COFFEE BREAK

11:30 –13:00 “COMPLEX ENGINEERING SOLUTIONS FOR MINING ENTERPRISES” Organiser: TOMS

11.30 Complex project design of mining enterprise. Pavel Fedotov, Director, TOMS-project

11.45 Turnkey technological solutions for ore processing factory. Roman Menkin, Director engineering department, TOMS engineering

12.00 EPCM solutions for mining industry. Artem Romanchenko, General Director, TOMS Engineering

12.15 Discussion

13.00 –14.00 LUNCH

14.00 –15.30 “COMBINING INTERNATIONAL AND RUSSIAN PROJECT EVALUATION APPROACHES” Organiser: SRK (Consulting)

14.00 Developing a GKZ-JORC compliant geological model. Alexander Polonyankin, Senior Resource Geologist, SRK Consulting (Russia)

14.15 Linking international slope design techniques to Russian standards. Sergey Ogorodnikov, Geotechnical Engineer, SRK Consulting (Russia)

14.30 Building a Pla�orm for Underground Mine Optimisation. Chris Bray, Senior Mining Consultant, SRK Consulting (UK)

14.45 Ore processing project designs. Comparison of Russian and international approaches. Dmitry Yermakov, Senior Processing Engineer, SRK Consulting (Russia)

15.00 Optimising mine dewatering. Vladimir Ugorets, Principal Hydrogeologist, SRK Consulting (US)

15.15 Discussion

15.30 –16.00 COFFEE BREAK

16.00 –17.30 “REDUCING THE RISKS IN THE CIS COAL INDUSTRY” Organiser: IMC Montan Moderator: John Bacharach, Director, IMC Montan Russia

16.00 Introduction – �e Unacceptable Face of the CIS Coal Industry. John Bacharach, Director and Principal Mining Engineer, IMC Montan, Russia

16.10 What are the Risks? Why do Explosions Occur? Bob Stevenson, Senior Safety Consultant, IMC Montan, Russia; formerly UK Principal Inspector of Mines

16.30 Risk Reduction – What Must be Done John Warwick, Director, IMC Montan; previously Head of Ventilation and Methane Control with British Coal Corporation

17.00 Discussion

18.00 –20.00 MINEX 2010 WELCOME DRINKS

09.50

10.00

10.20

10.40 Discussion

11.30

11.45

12.00

12.15 Discussion

14.00

14.15

14.30

14.45

15.00

15.15 Discussion

16.00

16.10

16.30

17.00 Discussion

09.50 – 11.00 “COMPLEX ENGINEERING SOLUTIONS FOR MINING ENTERPRISES”

11:30 –13:00 “COMPLEX ENGINEERING SOLUTIONS FOR MINING ENTERPRISES”

14.00 –15.30 “COMBINING INTERNATIONAL AND RUSSIAN PROJECT EVALUATION APPROACHES”

16.00 –17.30 “REDUCING THE RISKS IN THE CIS COAL INDUSTRY”

VENUE: “Tolstoy” Conference Hall, Radisson Slavyanskaya Hotel, 2 Europe Square, Moscow

FORUM AGENDA

MINEX 2010 RUSSIA AND CIS30 SEPTEMBER

15.30 –16.00 COFFEE BREAK

16.00 –17.45 TECHNICAL SESSION 1 (Main conference Hall) MINING IPOS ON THE GLOBAL CAPITAL MARKETS Session sponsor: PricewaterhouseCoopers Co-sponsor: Société Générale Corporate & Investment Banking Co-moderators : Alexander Lopatnikov, Managing Director, American Appraisal / Andrey Melnikov, Director, Principal Mineral Economist, SRK Consulting (Russia)

16.00 IPO topical issues for the mining industry. Mikhail Subbotin, Business Development Director, PricewaterhouseCoopers

16.15 Integration of IPO into mainstream development strategy of mining company.

Konstantin Fedotov, Director, Equity Capital Markets, Russia and CIS , Société Générale

16.30 Return of Russian IPOs. Laurent Charbonnier, Director, Metals and Mining, EMEA, Credit Suisse

16.45 Trends in Mining IPOs. Sebastian Oechelhaeuser, Director, Equity Advisory, Rothschild

17.00 Extracting value from your listing. Jon Edwards, Senior Manager - Russia & CIS, Equity Primary Markets, London Stock Exchange

17.15 NYSE Euronext London. �e Gateway for International Issuers. Aaron Goldstein, Head of Russian Business Development International Listings, NYSE Euronext Q&As Robin Birchall, Vice President, BMO Capital Markets

08.00 –09.00 WELCOME COFFEE09.15–10.30 PLENARY SESSION 1 (Main conference Hall) THE ROLE AND KEY OBJECTIVES OF RUSSIAN AND CIS MINING INDUSTRY Moderator: Oleg Soskovets, Chairman of the Eurasian Business Council/President of Association of Financial and Industrial Groups

09.15 Evolving trends in global mining economics. Current role of Russia. John Campbell, Industrial Products Leader for Russia and CEE, PricewaterhouseCoopers

09.30 International asptects of modern mining industry and economic development. Alexei Mojarov, Economic A�airs O�cer, Special Unit on Commodities, United Nations Conference on Trade and Development (UNCTAD)

09.45 Russia's Investment Climate in the Sphere of Subsoil Activity and Changes to Legislation between 2009 – 2010.

Aydin Jebrailov, Partner, Mining, Macleod Dixon10.00 Global Trends in Exploration.

David Cox, Vice President, Metals Economics Group10.15 Deep Ocean mineral resources: survey and exploration prospects.

Darya Vasilevskaya, Deputy Director, Subsoil Use State Policy Department, Ministry of Natural Resources of Russian Federation

10.30 –11.00 COFFEE BREAK

11.00 –13:00 PLENARY SESSION 2 (Main conference Hall) RUSSIAN MINING LEADERS: OPPORTUNITIES AND KEY PRIORITIES Moderator: David Pearce, General Director, SRK Consulting (Russia)

11.00 Pavel Maslovsky, Chief Executive, Petropavlovsk Plc

11.15 Vitaly Nesis, General Director, Polymetal

11.30 Boris Zakharov, Deputy General Director on production, Polyus Gold

11.45 Alexander Boytsov, Deputy General Director, ARMZ Uranium Holding

12.00 Lou Naumovski, Vice President and General Director, Russia, Kinross Gold Corporation

12.15 Samruk Kazyna State Wealth Fund Jandos Abishev, Head of Mining assets management directorate, Samruk Kazyna State Wealth Fund

12.30 Opportunities for development of large exploration projects in Russia. Examples of Elkon Mine (ARMZ) and Bamskoe (Polyus Gold). Alexander Popov, General Director, Urangeo

12.45 –13.15 MINING CEO PANEL DISCUSSION Key issues for Russian mining companies both for their activities in Russia and investments overseas

13.15 –14.15 LUNCH 14.15 –15.30 PLENARY SESSION 3 (Main conference Hall) MINING & EXPLORATION IN RUSSIA & CIS GOING FORWARD Moderator: Lydia Petrashova, Partner, Head of Metals & Mining, KPMG

14.15 SUEK strategy: key directions and projects. Oleg Petrovskiy, Head of Risk management, Strategy and Corporate development, SUEK

14.30 Development of Ozernoye Mining and Processing Plant for the Production of Zinc, Lead and Gold concentrates. Sergey Garichev, Deputy Director General, MBC Corporation

14.45 Opportunities for expanding gold deposits in carbonaceous-metateterrigene sediments of the Ayan-Yarakh anticlinorium (Magadan region of the

Russian Federation) based on Pavlik Mine example. Vasiliy Makarov, General Director, “Pavlik Gold Mining Company”

15.00 Highland Gold: experience in Russia. Brent Horochuk, Chief Operating O�cer, Highland Gold Mining

15.15 Junior titanium mining investment projects in Ukraine. Igor Stelmakh, Head of Project and Structured Finance, Exim-Consulting

14.15–15.30 BUSINESS PODIUM 1 (Tolstoy Conference Hall)

14.15 SET – new approach to design of mining, metallurgical, energy and infrastructure projects. Sergey Fedorov, Head of development, Sibtsvetmetniiproject

14.35 Development of complex mining management systems based on K-Minex geoinformation system. Sergey Khomenko, Head of Geoinformation Systems department, Krivbassacademinvest

14.55 KWH Pipe's solutions for Mining Business (Slurry Pipe and Mobile Production). Vesa Pen�ilä, Export Manager, KWH Pipe Ltd

15.10 Ore testing during transportation, processing and �nished product stages. Sabina Yushakova, General Director, VVS Engineering

16.00 –17.45 TECHNICAL SESSION 2 (Tolstoy Conference Hall) OPTIMISATION OF MINE PROJECTS DESIGN AND MANAGEMENT Session sponsor: Mincom Moderator: Nikolay Godunov, Vice-president, Mincom

16.00 Planning a joint Russian-International study. Mike Beare, Principal Mining Engineer, SRK Consulting (UK)

16.15 Modern methods of mine modelling and management. Andrey Nadein, Head CIS representative, Mincom

16.30 How to ensure projects are robust before you invest. Kirill Pristanskiy, Deputy Director, Bateman Engineering CIS

16.45 Mining Capital Projects: Global Sourcing - Opportunities & Challenges. Nikola Kolev, Procurement Director, Hatch

17.00 Technological Advantages of using Sonic Drilling for Mining Exploration & Mining Production Projects. Patrick Langan, General Manager, EMEA Drilling solutions, Boart Longyear

17.15 How to ensure future pro�ts? Technical aids available to miners at mine design and planning stage. Irina Shvets, Deputy General Director, Gemcom Russia

17.30 Accounting issues in block modeling features of the Russian practice of reserve calculation. Vladimir Markevitch, Deputy Head, Geological modelling & reserves reporting Dept., Polyus Exploration

19.00 –22.00 GALA DINNER, “YAR” HISTORIC RESTAURANT 32/2 Leningradsky Prospect

09.15

09.30

09.45 to Legislation between 2009 – 2010.

10.00

10.15

16.00

16.15

16.30

16.45

17.00

17.15

17.30

14.15

14.35

14.55

15.10

16.00

16.15 of mining company.

Société Générale16.30

16.45

17.00

London Stock Exchange17.15

11.00

11.15

11.30

11.45

12.00

12.15 Samruk Kazyna State Wealth Fund

12.30

14.15

14.30

14.45 sediments of the Ayan-Yarakh anticlinorium (Magadan region of the

Russian Federation) based on Pavlik Mine example.

15.00

15.15

09.15–10.30 PLENARY SESSION 1 (Main conference Hall) THE ROLE AND KEY OBJECTIVES OF RUSSIAN AND CIS MINING INDUSTRY

14.15–15.30 BUSINESS PODIUM 1 (Tolstoy Conference Hall)

11.00 –13:00 PLENARY SESSION 2 (Main conference Hall)RUSSIAN MINING LEADERS: OPPORTUNITIES AND KEY PRIORITIES

12.45 –13.15 MINING CEO PANEL DISCUSSION

14.15 –15.30 PLENARY SESSION 3 (Main conference Hall) MINING & EXPLORATION IN RUSSIA & CIS GOING FORWARD

16.00 –17.45 TECHNICAL SESSION 1 (Main conference Hall)MINING IPOS ON THE GLOBAL CAPITAL MARKETS

16.00 –17.45 TECHNICAL SESSION 2 (Tolstoy Conference Hall)OPTIMISATION OF MINE PROJECTS DESIGN AND MANAGEMENT

FORUM AGENDA

MINEX 2010 RUSSIA AND CIS 1 OCTOBER

08.00–09.00 WELCOME COFFEE09.15–11.00 PLENARY SESSION 4 (Main conference Hall) ACCESSING RUSSIA’S LAND RESOURCES: CURRENT REGULATORY ENVIRONMENT AND PRACTICES

Moderator: Levon Kocharyan, Partner, Macleod Dixon 09.15 Current regulation of access to mining �elds de�ned strategic in Russia. Darya Vasilevskaya, Deputy Director, Subsoil Use State Policy Department, Ministry of Natural Resources 09.30 Subsoil use in Russia – regulatory and legal issues. Prof. Yevgeniy Melehin, Expert, Federation Council Commi�ee on Natural Resources & Environmental Protection 09.45 What are subsoil users expecting from the Russia’s law on “Natural Resources”? Valery Braiko, Chairman, Russian Gold Producers Union 10.00 �e Mining Advisory Council’s proposals on changes in the “Natural Resources” Law.

Nikolay Matyash, Executive Director, �e Mining Advisory Council 10.15 Leasing forest lands for exploration purposes. Arkady Toivonen, Deputy General Director, Legal Issues, Polyus Exploration 10.30 Issuing licenses for technogenic mineral deposit development. Victor Tarakanovskiy, Chairman, Russian Prospectors Union 10.45 Comparative view on regulation of mineral exploration projects in Karelia (Russia vs Finland). Alexander Mikhailov, Principal Exploration Geologist, SRK Exploration Services

11.00 –11.30 COFFEE BREAK

11:30 –13:15 PLENARY SESSION 5 (Main conference Hall) CRIRSCO-GKZ. INTEGRATION OF RUSSIAN AND INTERNATIONAL

RESOURCE AND RESERVES STANDARDS Moderator: Dr. Mike Armitage, Chairman, SRK’s practices in the UK & Russia 11.30 An update on the Commi�ee for Mineral Reserve International Reporting Standards (CRIRSCO). Roger Dixon, Chairman, CRIRSCO 11.45 Harmonisation of Russian-CRIRSCO reports and proposals for

development of the Russian Resources and Reserves standard. Grigory Malukhin, Head of the Methodology and Development, State Commission on Mineral Reserves (GKZ) 12.00 Minerals Reporting Standards in the European Union. Steve Henley, Deputy chairman of PERC 12.15 Key requirements for improving technological e�ciency of exploration in Russia. Dr. Andrey Kharlashin, General Director, RJC Exploration 12.30 Meeting GKZ and International standards. Experience of reporting resources and reserves at Pavlik Gold Mine. Vitaly Lobach, Principal Geologist, Arlan Investment Company 12.45 What makes a Competent Person competent? David Pearce, General Director, SRK Consulting (Russia) 13.00 Ensuring transparency in the International Marketplace and the role of the Independent Technical Consultant. Phil Newall, Director – Mining & Minerals Group, Wardell Armstrong International

11:30 –13:15 BUSINESS PODIUM SESSION 2 (Tolstoy Conference Hall) 11.30 Potential impact of growth of Chinese gold production

on Gold Mining in Russia and CIS. Yuri Kirillov, Head of Research, Irmita Consult 11.50 Designing mining control system based on Gemcom so�ware. Alexei Scherbachev, Technical Director, Gemcom Russia 12.10 Using data on uncon�rmed resources for planning exploration works. Boris Kavchik, Head of Marketing, Igriredmet 12.30 CAE Mining - A Company Pro�le. Sandeep Ray, General Manager, CAE Datamine International Ltd 12.50 Precision magnetometric studies using ultralight aircra�. Vladimir Lygin, Deputy General Director, Yuzhny Aviatsionniy Center.

13.15–14.15 LUNCH14.15–15.45 TECHNICAL SESSION 3 (Main conference Hall) MANAGING MINING RISKS: CORPORATE, ENVIRONMENTAL AND INVESTMENT ISSUE

Session sponsor: ERM Eurasia Moderator: Sergey Burtsev, Director, ERM Eurasia (Russia and CIS) 14.15 Managing technical and politico-economic risks. Charles Kernot, Director, Metals and Mining, Evolution Securities 14.30 Coal Mine Explosions in the CIS – Managing the Risk. John Warwick, Director, IMC Montan, Russia; previously Head of Ventilation and Methane Control with British Coal Corporation 14.45 Environmental transparency and maintaining a 'social license to operate'. Nick Coppin, Managing Director, Wardell Armstrong International 15.00 Environmental and social risks in mining industry. Elena Amirkhanova, Principal Consultant, ERM Eurasia 15.15 Mining Risks. Raspadskaya Coal Company and its relations with investors and industry a�er explosion in May 2010. Alexander Andreev, Deputy General Director for Strategic Planning, Raspadskaya Coal Company 15.30 Alexander Perepelitsyn, Head of Mining and Metallurgical inspectorate, Rostechnadzor (tbc*)

14.15 –15.30 TECHNICAL SESSION 4 (Tolstoy Conference Hall) MINING EFFICIENCY – TECHNOLOGICAL SOLUTIONS AND THEIR IMPLEMENTATION

Moderator: Mikhail Leskov, General Director, NBLGold 14.15 Nickel hydrometallurgy in Urals. Dmitry Baskov, General Director, Uralsky Nickel 14.30 Using advanced technologies and equipment in gold mining industry. Vladimir Dementiev, General Director, Irgiredmet 14.45 Optimisation for Underground Operations. Application of EPSOT. Aidar Kairbekov, Senior Mining Consultant, Datamine International 15.00 Increasing slurry pipeline lifetime. Case study of Karelsky Okatysh. Vesa Pen�ilä, Export Manager, KWH Pipe Ltd 15.10 Coal river pipeline. New hydrotransportation method. Alexander Brodt, Head of Research, E-Trans 15.20 Control of Geotechnical Processes in Redevelopment of Flat-lying Ore Deposits. Alexander Makarov, Professor, Head of Geotechnical Department, Kazakhmys Corporation 15.30 Discussion

09.15 Department, Ministry of Natural Resources 09.30 on Natural Resources & Environmental Protection 09.45 on “Natural Resources 10.00 in the “Natural Resources” Law.

Nikolay Matyash 10.15 10.30 10.45 in Karelia (Russia vs Finland). SRK Exploration Services

11.30 Reporting Standards (CRIRSCO). 11.45

development of the Russian Resources and Reserves standard. State Commission on Mineral Reserves (GKZ) 12.00 12.15 of exploration in Russia. 12.30 Experience of reporting resources and reserves at Pavlik Gold Mine. 12.45 13.00 of the Independent Technical Consultant. Wardell Armstrong International

11.30 on Gold Mining in Russia and CIS.

11.50 12.10 12.30 12.50

15.45 –16.15 COFFEE BREAK16.15–17.45 TECHNICAL SESSION 5 (Main conference Hall)

MINING FINANCING THROUGH THE CYCLE Session sponsor: American Appraisal Moderator: Alexander Lopatnikov, Managing Director, American Appraisal

16.15 Key credit considerations for rating Russian and CIS mining companies. Larissa Loznova, Vice President - Senior Analyst, Moody's Eastern Europe 16.30 A�racting international capital for smaller mining companies. Vyacheslav Marin, Corporate Financier, City Investment Group 16.45 Financing mine construction projects. Nikolay Kalashnikov, Ph.D., Commercial Director, Mining and Construction Company – Sha�project 17.00 Environmental and Social Financial Considerations for Going Global. Craig Wa�, Principal Environmental Consultant, SRK Consulting 17.15 Environmental, Health, Safety, and Social Audits of Mining Companies to EBRD Standards – Lessons Learnt. Alexandre Gordine, Principal, Managing Director, Golder Consulting (Russia) 17.30 Due diligence at the banks request for �nancing of the mining project. Lydia Petrashova, Partner, Head of Metals & Mining, KPMG

17.45 – 19.00 CLOSING REMARKS FOLLOWED BY DRINKS

16.15–17.45 TECHNICAL SESSION 5 (Main confefef rence Hall) MINING FINANCING THROUGH THE CYCLE

14.15 –15.30 TECHNICAL SESSION 4 (Tolstoy Conference Hall) MINING EFFICIENCY – TECHNOLOGICAL SOLUTIONS AND THEIR IMPLEMENTATION

14.15–15.45 TECHNICAL SESSION 3 (Main conference Hall)MANAGING MINING RISKS: CORPORATE, ENVIRONMENTAL AND INVESTMENT ISSUE

14.15 14.30 and Methane Control with British Coal Corporation 14.45 15.00 15.15 and industry a�er explosion in May 2010. Planning, Raspadskaya Coal Company 15.30 Alexander Perepelitsyn Head of Mining and Metallurgical inspectorate, Rostechnadzor (tbc*)

14.15 14.30 14.45 15.00 15.10 15.20 of Flat-lying Ore Deposits. Head of Geotechnical Department, Kazakhmys Corporation 15.30 Discussion

16.15

16.30

16.45 Mining and Construction Company – Sha�project

17.00

17.15 to EBRD Standards – Lessons Learnt.

17.30

29 SEPTEMBER – 1 OCTOBER 2010, MOSCOW, RUSSIA

6th MINING AND EXPLORATION FORUM AND EXPO

6th Russian and CIS MINEX Forum and Expo

“Mining in Russia and CIS: efficiency, innovation, growth”

will be held on 29 September – 1 October 2010 at the Radisson SAS Slavyanskaya Hotel in Moscow, Russia

MINEX (Mining & Exploration) is recognised as the largest and most authoritative international forum on prospecting, explora-tion and mining in Russia and CIS. Designed to satisfy mining business needs for information on best mining & exploration strategies and technologies. Over the last 6 years Minex Russia has evolved into the largest in the Commonwealth of Independent States (CIS) industry-wide B2B platform which includes:

A platform to network with Russian and International industry executives offering unmatched opportunities to initiate and close deals.

A conference agenda with speaker presentations, panel discussions and case studies from industry leaders, analysts and policy makers working in Russia and neighbouring states.

A full day featuring technical master classes aimed at Mining Engineers and Mining Finance Managers work-ing in Russia and CIS.

An on-site exposition and business podium sessions incorporated in the forum program designed to offer representing mining companies and service providers working in Russia and CIS

A platform for one-to-one meetings with investors, miners and mining consultants

MINEX Annual Russian Mining Excellence Award aims at promoting best practices in the Russian Mining Industry

HIGHLIGHTS OF MINEX RUSSIA & CIS 2010

MINING AND EXPLORATION FORUM

TECHNICAL MASTER CLASSES AND SESSIONS

ON SITE EXHIBITION

BUSINESS PODIUMS

RUSSIAN MINING EXCELLENCE AWARD

GALA DINNER