54th Minesite Forum - 16th September 2008

54th Minesite Forum - 16th September 2008

Bishopsgate and Chancery Room
Andaz Hotel, Liverpool Street EC1
(Formerly Great Eastern Hotel)

Tuesday 16th September 2008

Registration - 9am
Presentations beginning at 9.30am

“When the going gets tough, the tough get going.” It’s an old saying, but true enough under current market conditions. Many analysts and company directors have never lived through a bear market and have no idea how to respond. The plain fact is that bear markets last a comparatively short time as investors are natural buyers and the fundamental factors behind the mining sector have not changed. China and India, the two most populous countries in the world, are undergoing industrial revolutions and it is worth remembering that the British industrial revolution lasted for 65 years.

Revolutions of this type require every type of natural resource and this is why the prices of metals, minerals, oil and gas and soft commodities are rising steadily. Value is therefore being generated throughout the sector as new resources are a priority. The market will wake up to this fact and the companies who have drawn down the blinds in the bear phase will be ignored when things start to recover.

Companies presenting include:

Arian Silver Corp
Oxus Gold Plc
Conroy Diamonds and Gold Plc
Beowulf Mining Plc
Lydian International Ltd
Coal of Africa


To register: http://www.minesite.com/msforums.html

More information to follwing Firm:

Arian Silver is a Canadian listed explorer focussing its exploration and development efforts in one of the richest known silver-bearing districts in the world - Zacatecas State- and one of the more recently known mining provinces in Mexico - the Tepal area of Michoacan State. It has initiated an in-house production scoping study at its San Jose property which will specifically evaluate the economics for contract mining and custom milling of a number of already defined near-surface remnant stoping blocks within the existing mine workings of this former producing mine. Production could start as early as next year.

Beowulf Mining is focused primarily on the exploration and development of six mineral deposits in Sweden. One of these is the Ruoutevare iron titanium project in Norrbotten County on which an agreement has been signed with WAG Limited, an ASX listed company, to cooperate in the exploration and evaluation of the 8.5 sq km permit. Beowulf has also intersected copper-gold mineralisation while drilling as a JV with Agricola Resources at the Ballek project. Its other projects are involved with gold, iron ore, and copper.

Coal of Africa (formerly GVM Metals), is also listed on AIM and is developing a number of thermal and metallurgical coal projects in South Africa The Mooiplaats coal project is located 1.8kms from the Camden power station to which it will sell thermal coal, but its anthracitic coals will be sold to both the domestic and export markets. Baobab is near a rail line running to the Richards Bay coal terminal and production should start in 2009. A feasibility study is in progress at Holfontein in the Highveld coal field and the Thuli project was previously explored by Utah Mining in the early 1980s.

Conroy Diamonds and Gold is after gold in Ireland and operations to date in the Longford-Down Massif have established a gold trend extending for at least fifty miles along strike from Co. Armagh, through Co. Monaghan and into Co. Cavan. The current indicated and inferred resource estimates now total 1.03 million ounces, which is a 70 per cent increase on the previous estimates, and as they relate to only 20 per cent of the Clontibret target area there should be plenty more to come.

Lydian International is an exploration company listed in Toronto, but its focus is on Eastern Europe. Specifically its projects are in the western Balkans and Caucasus regions where it is advancing a pipeline of highly prospective precious and base metal projects. In the Caucasus region Lydian is operating an exploration joint venture with Newmont. The company's two flagship projects are a newly discovered high-sulphidation epithermal gold project at Amulsar in Armenia, and advanced zinc, lead, silver and gold project at Drazhnje in Kosovo.

Oxus Gold has had quite an eventful life since listing on AIM in 2001 ,but it is now producing gold and silver from its 50 per cent interest in the Amantaytau Goldfields JV on the prolific Tien Shan gold belt in Uzbekistan. Last month the company announced a positive bankable feasibility study on the underground sulphide project at Amantaytau which should be capable of producing up to 270,000 ozs gold /year for an initial 7 years at a cost of US$402/oz. With first sulphide production forecast for the third quarter of 2009, Oxus is poised to quadruple its production over the next 3 years and transform itself into a mid-tier producer.