25 Jun Mines and Money Online Connect (APAC) day three round-up:
The final installment of Mines and Money Online Connect APAC, in partnership with the Queensland Government, delivered another packed schedule of networking and discussions and rounded off the three-day event, which attracted an average of 300 attendees per session and hosted over 500 investor meetings.
Queensland’s manufacturing minister opens final day of Online Connect APAC
The Queensland Government’s newly minted Minister for Regional Development and Manufacturing Glenn Butcher reminded the audience that Queensland remains a safe, trusted and friendly supplier of key products for the world’s economy.
“Poised, ready and waiting our manufacturing sector is eager to capitalise on our rich resource base to deliver the products of the future. Together we can harness our strengths to build a stronger state economy,” he said.
How will the resources sector support Queensland’s COVID-19 recovery?
In a keynote interview, Marian Hookham of IHS Market, Queensland Resources Council’s Ian Macfarlane and Shaun Ferris from the Department of Natural Resources, Mines & Energy Queensland discussed how the resources sector can support the state’s economic recovery from COVID-19.
“Australia’s response to COVID seems to point to this being a very good destination for resource investment going forward,” said Hookham.
Ferris went on to outline the Queensland Government’s three-pronged strategy for the COVID-19 economic recovery. “Just last week government announced further support to the resources sector – A$10 million over next four years to support exploration.”
Popular 5@5 session rounds off hugely successful online event
Mines and Money’s hugely popular 5@5 series provided a pertinent book-end to the Online Connect APAC event. This week the conversation featured a banker, lawyer, miner and geologist!
Mark Couchman from banking group ANZ told the audience he expects bank markets to return to some form of normality by the end of the year, but suggested that companies with projects coming to market should consider alternative forms of financing for the time being.
And Brady Fletcher from Ravenswood Gold introduced the recently formed company, which is looking to restart the Ravenswood Gold Mine in Queensland following the acquisition from Resolute Mining. “We are going to add hundreds of jobs in regional Queensland,” he said.
Thanks again to the great team at Mines and Money for putting the event together and check back to RGN next week for coverage of the Online Connect EMEA series.