Ammar al-Joundi, Chairman and CEO of Agnico Eagle Mines Ltd, was the main speaker on Wednesday at Cim Connect 2025. Photo: Jon Benjamin Photography
LORS of the last speech and last round table of the morning of Congress and the exhibition CIM CONNECT 2025, le 7 mai, Ammar Al-Round, president-director general of agnicus Eagle Mines Ltd, did a presentation on strategies financial pour a industry dynamic.
He has open son speech in declaring that the funding East a need fundamental In industry mining, more that he it is receive not enough attentive and consideration.
” We We concentrate a lot, and just titreon the aspects operationaltechniques and social of notre activity “, He declared. “But he East outstandingpour a industry strong intensity of capital, a industry who has investment horizons from several decades in a environment price unpredictable et volatilethat we have no more time in discuss way dont We manonsand again less optimisons, nos strategies of fundingIn ce Who East a industry cyclic fierce. »
He has souligné that companies mining must elaborate flexible plans and dynamic in answer to the volatility of walkWho East a constant in the sector. An allowance judicious of the capital requires of discipline, he addednon only to make research avant of spend of money, more Also pour maintain CAP in a industry dont l’horizon extends on several decades and who East affected par a myriad of problems, notably uncertainty geological, uncertainty linked to permitthe availability of the hand-of workTHE risks techniques and construction and good others encore.
“The temptation East grandeespecially in cycles d’expansionof deploy of the capital in a way agressive “, He declared. ” The costs students generate of optimism In notre sector et Sometimes and excess of trust. More the story We recall that peaks suffering by raw materials are often follow -up strong corrections ”.
He did to be worth that a management intelligent of the investment requires the will to say no to products marginal or to expansions, everything in remaining Agile and in integrating of the flexibility and unforeseen in operations.
“Societies mining most prosperous au course of the next decade it is will be not those who is contentreront of survive to turbulence, more those Who will build of the models corporate designed pour prosper in turbulence, ”he declared.
He has also souligné l’importance of the liquidity : « Forget ce that we YOU a learned has school du trade. In a activity cyclic the volatile YOU have to minimize the effect lever, minimize debt et always, always to have a lot of liquidityand more than liquidity what YOU n’en have need ».
He has recommended to companies mining to no longer consider the value current nice (VAN) as the indicator most important during of development of a projectcar that can encourage companies to spend All money of the the departure, in assuming that everything is will pass as foreseen as part of project. The rate of yield internal East a measure better adapted to environments volatile.
The conference a summer followed a table ronde. Steven Bowles, director general of Nebari, a lively The discussion with Nadine Miller, founder A PDG they tinker Borg, Katherine Dewar, director principal de Canada Growth Fund Investment Management, Kendra Johnston, director general of PearTree Securities Inc. et Nicole Adshead-Bell, director de Cupel Advisory Corp.
THE panelists ont tackled several themes keys, more are income has several covers on l’importance of to go out of the trails beaten pour attract THE investors.
“What we owe Really faire, It is examiner others shapes investment no traditional », a declared Mrs. Miller. She has suggested examine THE platforms of funding participatory (equity crowdfunding) Or the generation Z could invest.
According to Mme Johnston, the investors eager of take an interest to technologies emerging constitute an audience target Currently sous-used par industry. “We must SO find a means attract new investors Who would be interested traditionally has l’intelligence artificial (Ia) and l’innovation », a-t-elle declared.
Adshead-Bell a evoked KoBold Metals, a small company mining private sustained par Bill Gates, founder from Microsoft, and Jeff Bezos, founder d’Amazonwho has used the potential of l’intelligence artificial (Ia) for find of the deposits of metals battery in order to of se position in tant that technological. At the start of yearshe has left 537 millions de dollars US.
«L’it East very sexy in ce moment, ”she declared. « On you can money flock.
She has declared that he exists and huge reservoir of capital In which Companies mining can draw, more that he East imperative what industry s’attaque to his issue d’image, instead what try not too much attract attention on her in tant that Industry.
” THE capital are going To be Or ils are desired et desired », a-t-elle declared. “Our work in industry consists Today has in follow and tiny percentage. It is and sector aging. We don’t can not attract Young people, we don’t can not attract THE investors pour compete with others products investment. I think SO that the question we must ask ourselves East the next : comment can-We better we do to know ?
She has souligné that companies mining invest often in communities Or they operate or bring of the benefits economical to communitiesthat “we let’s do a lot in the shadow » et that he East time to do to know THE effects positive that companies mining can bring to society.
