Mines and Money Hong Kong 2013
Morgans is a proud sponsor of Mines and Money Hong Kong in 2013, which runs from 18 - 22 March. The event brings together mining and exploration companies and investors for five days of high-value networking and investment analysis.
This year's conference is expected to attract over 3500 institutional participants and 330 exhibiting companies and is rapidly becoming a vital industry event for both resource and investment industry participants.
Morgans analysts Tom Sartor and James Wilson have provided summaries of key presentations from the conference. See below:
Wednesday 20 March
Wednesday, the first of MMHK's two "showcase" days, opened with a far more austere tone than perhaps most of the Australian delegates had hoped. New tensions in the eurozone are another blow to confidence in global growth (for the minerals producers/developers) but are giving renewed ammunition to the gold bulls.
Thursday 21 March
Day two of the conference saw Gold Corp kick off the day - the second largest gold company in the world by market cap. Gold's safe haven status is reminded by events such as Cyprus this week and Goldcorp sees continued gold diversification away from currencies into gold which maintains a positive sentiment for continued gold support.
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