CIM Toronto Branch Luncheon

Networking, Learning, Brainstorming and, of course, Lunch!

 Changing Landscape in the Mining Industry

– How to Manage the Business

and Projects in Uncertain Times 

                         Pre-Registration Online:    $50.00 Members       $65.00 Non-Members       $20.00 Students

Registration on the day, November 17:    $65.00 Members       $80.00 Non-Members       $35.00 Students

     Note:  The National Club will exert its best efforts to accommodate walk-in registrations,  however, pre-registration is strongly advised. 

Cancellations must be emailed 48 hours prior to avoid being charged. 

Changing Landscape in the Mining Industry – How to manage the Business and Projects in Uncertain Times

The global mining industry is facing a challenging situation today, saddled with lower demand, lower commodity prices, and increased business and geopolitical risks. Over the last ten years, many mining projects were not completed on time and on budget due to a variety of factors.
After the Fukushima incident, the uranium industry, in particular, has been hit hard, with persistent oversupply and very low uranium prices, despite the aggressive building of new capacity in China and other parts of the world, and a brighter long-term outlook.  Specific topics to be covered:

  • Industry Situation:  Global factors are adversely affecting the current commodity market, creating commodity prices and trends, business volatility and increased risks. The current energy mix (including the role of nuclear energy) and how it is expected to change over the next 20 years in order to meet climate change and lower-carbon targets will also be covered briefly. 
  • Challenges:  Converting investment projects into successful producing mines (root causes of why projects overrun, remote location issues, corporate social responsibility, permitting, training, human resources, and capacity constraints)
  • Optimization: Reducing capital and operating expenses through disciplined value engineering processes, automation, data analytics and benchmarking
  • Driving Operational Excellence: Using smart technology, IT/IoT, employing industry best practices, ensuring effective stakeholder and employee engagement, and safety enhancement

Feroz Ashraf, Chief Executive Officer and Director - Uranium One Inc.

Mr. Ashraf is the Chief Executive Officer and a member of the Board of Directors of Uranium One, positions he has held since April 2015. Previously, he served as the Executive Vice President and Chief Operating Officer of the Corporation since March 2014 and Executive Advisor since January 2013. Overall, Mr. Ashraf has over 35 years of experience in the resource sector, including mining and metallurgy, oil and gas, and related downstream industries. Uranium One is amongst the top 5 uranium producers globally and a recognized leader in the field.

Prior to joining Uranium One, Mr. Ashraf was Executive Vice President of SNC-Lavalin’s Global Mining & Metallurgy Division, and a member of the Office of the President. While at SNC-Lavalin, he was responsible for the worldwide operations of over 6,000 employees and for executing numerous projects in over 30 countries. He held over 15 directorships and board positions within SNC-Lavalin affiliates, joint ventures, and project alliances. Mr. Ashraf also served as a non-executive member of a number of professional, industry and community associations. He is an active member of the Ordre des Ingénieurs du Québec (OIQ) and the Professional Engineers Ontario (PEO). 

Mr. Ashraf was a guest lecturer in the Global Mining Management Program of The Schulich School of Business  at York University (2014 - 2016 Winter MBA program), and a lead lecturer in the Certificate of Mine Management course “Mining in the Global Environment” at the G. Raymond Chang School of Continuing Education at Ryerson University (Winter 2014 and Fall 2015 programs).



Feroz Ashraf,

Chief Executive Officer and Director,

Uranium One Inc.

Thursday, November 17, 2016

                          12:00 noon  -   Networking

                          12:30 p.m.   -   Lunch

                            1:15 p.m.   -   Presentation and Q&A

                            1:45 p.m.   -   Networking

The National  Club, 303 Bay Street, Toronto, ON M5H 2R1


CIM Toronto Branch

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Our next events are on:

  • Thursday, December 8, 2016 - CIM Toronto Branch Networking Luncheon .... details will be released soon
  • Thursday, January 19, 2017 - CIM Toronto Branch Student Industry Networking Luncheon .... details will be released soon
  • Thursday, February 16, 2017 - CIM Toronto Branch Networking Luncheon .... details will be released soon