Precious Metals, Diamonds and Gemstones Investment Summit - London

Objective Capital's Precious Metal, Diamonds and Gemstones Investment Summit brings together London's financial community with an exclusive selection of current and future precious metals producers in the heart of the world's financial system.


Delegates networked over morning and afternoon coffee, lunch and dinner in the London Chamber of Commerce in the heart of London's historic financial district

Main Programme

Thursday, 20 May 2010
Time Activity
08:30-09:30 Registration & Coffee
Opening Session Precious Metals Focus
9:30-10.00 A Fund Manager's View of Precious Metals
Ned Naylor-Leyland - Cheviot Asset Management
10:00-10:25 Focus on Silver: Creating precious metals opportunities in the Canadian North
Tony Walsh - Sabina Gold & Silver
10:25-10:50 Where are the miners looking for assets – trends in staking, property acquisitions and capital raisings
Glen Jones - Intierra Resource Intelligence
10:50-11:25 Coffee & Networking
11:25-11:50 The impact of turbulence in the financial markets on the euro, dollar and gold
Marino Pieterse - Goldletter International
11:50-12:15 Hunting for gold in Africa – it's not all about the geology
Katharine Pulvermacher - African Rainbow Consulting
12:15-12:40 Focus on Gold: Challenges of gold mining in the US – reopening the Drumlummon Mine in Montana
Bill Fisher - RX Exploration
12:40-2:00 Networking Lunch
2:00-2:40 Panel Discussion: Outlook for the Precious Metals Markets
David Wilson - Société Générale
Bill Fisher - RX Exploration
2:40-3:05 Metals in Medicine - PGMs in anti-cancer treatments
Prof Peter Sadler - University of Warwick
3:05-3:40 Coffee & Networking
Closing Session Diamond and Gemstone Focus
3:40-4:05 The diamond market and the importance of consumer assurance
Andrew Bone - De Beers
4:05-4:30 Outlook for the coloured gem markets
David Hargreaves - Fair Trade Gemstones
4:05-4:30 The Kimberley Process ten years on
Elly Harrowell - Global Witness
4:30-7:30 Closing Drinks & Cocktail


Leading international speakers updated London's financial community on the sector, the outlook for key commodities, and the state of the funding market for mining companies.


Presentations provide delegates with indepth information to base their investment decisions on.

View more presentation from Objective Capital

Speakers' Bios

  • Ned Naylor-Leyland

    Ned graduated with a BA (Hons) degree from the University of Bristol in 1998. He began his career in 2001 at Neilson Management, later moving to Smith & Williamson (formerly NCL Investments) in 2003 where he was an Investment Manager. Ned joined Cheviot in July 2008 and is Advising a specialist Precious Metals fund.

  • Tony Walsh

    Mr Walsh graduated from Queen's University (Canada) in 1973 and became a member of The Canadian Institute of Chartered Accountants in 1976. Mr Walsh has 25 years experience in the field of exploration, mining and development. Prior to joining Sabina Gold & Silver Corp, Mr Walsh was President and CEO of Miramar Mining Corporation (1995-2007), was the Senior Vice-President and CFO of a computer leasing company (1993-1995) and the CFO and Senior Vice-President, Finance of International Corona Mines Ltd, a major North American gold producer (1989-1992). From 1985 to 1989 he was Vice-President, Finance of International Corona Mines Ltd, and from 1973 to 1985 Mr Walsh held various positions at Deloitte, Haskins & Sells, a firm of Chartered Accountants.

  • Glen Jones

    Glen has been working in the mineral exploration industry for over 36 years. His expertise is in the data and map requirements of companies involved in mining and exploration. In 1991, Glen created the "Hot Play Map" concept which developed into an industry standard. Between 1971 and 1980 Glen worked for Granduc Mines, Teck Corporation and Getty Mines.

    From 1980 to 2003 Glen managed his own consulting company, EnerSource, which was later renamed to Mineral Information Maps. In the first ten years, he concentrated on the integrated use of graphic and mapping software in conjunction with primitive data bases. This expanded to compiling databases that tracked global exploration activity around the globe. In the latter years, he developed techniques for compiling digital exploration data and claim (tenement) databases and then publishing this data in related maps. As GIS and graphic software advanced, the presentations of the published maps have been refined to one of the best in the industry.

    In 2003, Mineral Information Maps merged with Intierra Ltd, a Perth based company who had just merged with Minmet. Intierra had developed a web based infrastructure for bringing together all levels of technical and financial data. Together these three merged companies now have the largest global mining, exploration and mapping subscription data base. Intierra has expanded the map publishing business from one that was producing 6 maps per year to a global one that now produces over 50 per year.

  • Marino Pieterse

    After a period of seven years as a Senior Investment Officer, including four years as Vice-President, for a Dutch Investment House, Marino has been an independent strategic and gold analyst for over 30 years. He is the editor of Goldletter International, a premier information source on investing in the worldwide gold industry, which is particularly focusing on emerging gold regions in the world, as well as the Uraniumletter International. Marino is a regular Speaker at worldwide Gold and Uranium conferences.

  • Katharine Pulvermacher

    Katharine is the Founder and Chief Executive of African Rainbow Consulting Ltd. She holds an MSc in Economics (Africa) from the School of Oriental and African Studies in London, where she completed the first stage of her PhD focusing on poverty alleviation. Katharine is well-known for the highly successful investment research and marketing programme that she ran for World Gold Council for eight years, targeting institutional investors in global capital markets. As an undergraduate at the University of Cape Town, she studied Social Work, Psychology and Sociology, and ran adult literacy classes in her spare time. She is an experienced trainer and group facilitator, has taught at university level in South Africa and the United Kingdom, and ran social reinsertion programmes for the long-term unemployed in the French department of Aude. Katharine is a mother of two sons, whose travels in Africa are almost as extensive as her own.

  • Bill Fisher

    Bill is a geologist and mining company executive with broad international experience in diamond, gold and base metal exploration, development and production. He has an outstanding record of mineral discoveries, and played a key role with several companies in raising hundreds of millions of dollars of debt and equity for exploration and mine development.

    A geology graduate of Kingston University, Bill began his career as a diamond exploration and production geologist with DeBeers in the DRC and Angola, and subsequently as a production geologist for AREDOR in Guinea. After 3 years experience in Australia, he joined Reunion Mining of London, England, before moving to Canada in 1993.

    In 1995 he founded Karmin Exploration Inc. (TSXV:KAR) which discovered the 27 million tonne Aripuana massive sulphide deposit in Brazil, currently undergoing a feasibility study. In 1997, Bill began work with mining major Boliden Limited, serving as Vice President, Exploration for their 35 exploration projects in 9 countries, controlling budgets of up to $50 million annually. From 2001 until 2008, Bill was CEO of GlobeStar Mining Corporation of Toronto (TSX:GMI). Under his direction, GlobeStar acquired, developed and financed the US$100 million Cerro de Maimon copper/gold mine in the Dominican Republic, which was commissioned in 2008.

    In addition to the foregoing responsibilities, Bill served as Chairman of Aurelian Resources Inc., notable for its 13.8 million ounce gold discovery at Fruta del Norte in Ecuador. Aurelian was acquired in 2008 by Kinross Gold Corporation for over US$1 billion.

    Bill served as a director for Expatriate Resources and North Atlantic Natural Resources (now Lundin Mining), and is currently a director of the publically listed companies Karmin Exploration, PC Gold, Treasury Metals and RX Exploration, as well as an executive of the private exploration company, Andiamo Exploration, currently exploring in Eritrea.

    Bill is a practicing Professional Geologist, registered in Ontario.

  • David Wilson

    David Wilson has joined Société Générale Cross Asset Research as Head of Metals Research.

    David joins from Norilsk Nickel where he was Senior Economist from 2005 to 2008. Prior to that, David held various positions including European Oil Markets Editor at Platts, Market Analyst at KWI, Senior Consultant at CRU International Ltd. David began his career in 1993 as Assistant Manager on economic and market research at Zebro International Ltd.

    David Wilson holds a BA in Economics and an MA in Economics & Policy Analysis, both from University of Nottingham. He also studied Journalism at Birkbeck College.

  • Prof Peter Sadler

    Chemistry of metals in medicine (bioinorganic chemistry, inorganic chemical biology and medicine). Design and chemical mechanism of action of therapeutic metal complexes, including organometallic arene anticancer complexes, photoactivated metal anticancer complexes (for photochemotherapy), metallomacrocycles as antivirals and stem-cell-mobilising agents, and metalloantibiotics. Besides synthesis of co-ordination complexes, research involves studies of interactions with targets such as RNA, DNA and proteins, and often industrial and international interdisciplinary collaborations.

  • Andy Bone

    Andrew Bone is Director of International Relations at De Beers. He started with De Beers as a diamond valuer and subsequently worked in various other departments within the company's Rough Diamond Division, including overseas secondments in South Africa and Belgium. Later, he became an overseas buyer for six years, managing buying offices, mainly in the Democratic Republic of the Congo. Following a year in the Sales Department, he joined Marketing Liaison and Corporate Communications where, following the emergence of the conflict diamonds issue, he headed a team that worked on developing stakeholder relations and contributing to the establishment of the Kimberley Process Certification Scheme. He went on to develop the concept of the Diamond Development Initiative with the NGOs Partnership Africa Canada and Global Witness.

    Today, Andrew is Director of International, Industry and Government Relations (International Relations). Based in London, International Relations is one of three component parts of De Beers Group External & Corporate Affairs, working in collaboration with Group Communications (Comms) and Corporate Responsibility (CR) in support of Country Managers in Botswana, Namibia, South Africa, India and Canada.

    The role of International Relations is to develop and maintain De Beers Group relationships with governments, intergovernmental organizations (IGOs), such as the United Nations and associated agencies, other international organizations, including some think tanks and academia, industry groups, and international, advocacy-focused, non-governmental organizations (NGOs).

    It deals with international policies, directives and norms that have an impact across the Group, such as the Kimberley Process and the Millennium Development Goals (MDGs). Its mission is to promote and protect the business interests of De Beers through successful management of its relations with these stakeholder groups. Andrew Bone is also a director of the World Diamond Council and the Diamond Development Initiative, and is a visiting lecturer at the University of Westminster's Business School.

  • David Hargreaves

    David Hargreaves is a mining engineer and geologist. He owns a consultancy practice which specialises in the gemstone industry and is particularly active in diamonds. He was for three years Head of Mining Research for stockbrokers James Capel and now consults to WH Ireland. He is CEO of his family company Fair Trade Gemstones Ltd, which specialises in the ethical sourcing and marketing of gemstones worldwide. He is a Chartered Engineer and a fellow of The Geological Society.

  • Elly Harrowell

    Global Witness was the first organisation that sought to break the links between the exploitation of natural resources and conflict and corruption. Over the years their investigations and powerful lobbying skills have been a catalyst for most of the major international mechanisms and initiatives that have been established to address these issues including the Kimberley Process and the Extractive Industries Transparency Initiative (EITI).