IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdf
Glen Jones - Intierra || Latam Ventures, Mining in Mexico PDAC2012
1. LATAM Ventures
Roadmap to Investing
In Mexican
Mining and Exploration
PDAC: Toronto March 7, 2012
Presented By: Glen Jones, Executive Director
2. Business Intelligence for the Mining Sector
Intierra Live is the world’s premier tool for evaluating investment
opportunities in the mining sector.
It provides financial information that can be merged with resources and
lease data, all of which is easily searchable and exportable for detailed
analysis.
Intierra Live covers:
• +40,000 companies • 34,000 active global projects
• 3,700 listed companies • 53,000 total global projects
• Global lease coverage • 160 commodities
3. Business Intelligence for the Mining Sector
Intierra has recently:
Purchased Raw Materials Group
Bloomsbury Minerals Economics
(now BME Copper)
6. State of Play
Mexico has the largest number of serious
exploration properties per km of available
ground, in all of the Americas
Exploration Project Density
NORTH AMERICA
SOUTH AMERICA
MEXICO
Exploration Adv. Exploration
Pre-feas/Scoping Feasibility Study
7. Mexico Resource GDP
Where does the mining revenue come from and from what commodities?
Annual Mine
Revenue (US$
Commodity millions)
1.Silver 5,025
2.Gold 5,218
3.Copper 2,527
4.IronOre 1,586
5.Zinc 1,101
6.Lead 355
7.Molybdenum 328
Total 16,431
8. Distribution of Active Projects
Within IntierraLive
Status No. of Projects (%)
Grass Roots 38.1
Exploration 33.0
Advanced Exploration 12.5
Pre-feasibility 4.1
Feasibility 1.4
Construction 0.6
Operating 9.6
Maintenance 0.6
16. Major Untapped Reserves and Resources
Mexico sits at 5th place amongst other American countries in terms of in ground
value of assets which are not operating, when considering only major metals.
$3,500,000
Value of untapped Copper + Gold + Silver + Zinc + Lead
$3,000,000 at 2011 prices and varying cut-off grades
Resource Value (MUS$)
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$-
17. Recent Resource Estimates
Past two years:
4.2 M oz. Au & 600 M oz. Ag
Most Recent Highlights:
Levon Res.: Cordero; 1.1 Moz Au, 450 Moz Ag; 2011
GoldGroup/Dyna: San Jose de Gracia; 1.1 Moz Au, 2 M oz Ag; 2011
GoldGroup: Caballo Blanco; 0.994 Moz au, 4 Moz Ag; 2012
Silvercrest: La Joya; 51 Moz Ag; 2012
Silver Standard: Penasco Quemado; 9.6 Moz Ag; 2012
18. In 2010 Mexico was top silver producer
Mexico: 124.4 M oz.
Peru: 113.2 M oz.
20. Mexico Capital Expenditure Pipeline
Projects currently under evaluation or construction would cost $10 billion
Capital
Expect Annual Sales
Current Status Expenditures
Revenues
Required
Pre-Feas/Scoping $7,588,620,000 $5,845,460,000
Feasibility Study $1,331,660,000 $921,160,000
Construction $1,171,520,000 $800,200,000
Newly Operating
$1,944,990,000 $3,946,620,000
(after 2007)
Grand Total
(including new $12,036,790,000 $11,513,440,000
mines)
21. Current CAPEX Requirements
Projects currently under evaluation or construction would cost $10 billion
Row Labels CAPEX Required Annual Revenues
Gold $4,737,810,000 $3,504,370,000
Copper $2,413,850,000 $1,982,530,000
Silver $1,642,100,000 $1,245,870,000
Molybdenum $663,200,000 $225,130,000
Gold/Silver $460,570,000 $480,440,000
Copper/Gold $330,510,000 $193,720,000
Zinc/Lead/Silver $55,080,000 $67,740,000
Grand Total $10,303,120,000 $7,699,820,000
22. New Mine Capital Intensity
Locations of projects requiring capital investment
24. Mexico Fundraising
Use of proceeds 2011 Funds
Asset Acquisitions $24,883,000
Capital Expenditure $51,200,000
Development of
$367,200,000
Reserves
Exploration
$133,400,000
(Drilling)
Total Capital
$576,600,000
Raisings
25. Mexico Fundraising
Use of proceeds 2011 Funds
Gold/Silver $224,400,000
Copper $156,800,000
Copper/Gold $83,200,000
Gold $57,200,000
Base Metals (Pb/Ag/Zn) $48,300,000
Industrials
$7,000,000
(Borate/Lithium)
Total Capital Raisings $576,600,000
26. Projects Benefiting from Capital Raisings: 2010 &
2011
Exploration Funding Development Funding CAPEX Funding
28. Intierra partners with Geological Survey Department (SGM)
Promote local mining opportunities to the rest of the world
Mexican concession/claim data now accessed through Intierra Live
Allows companies opportunity to purchase digital data