Vancouver CIM Capital Projects Symposium (Nov 2023)

In late November 2023, Our Founder, Sam Houston, had the privilege of leading a dynamic session at the CIM | Canadian Institute of Mining, Metallurgy, and Petroleum Capital Projects Symposium in Vancouver. This symposium was a gathering of some of the brightest minds in the mining industry, coming together to explore the transformative potential of Major Projects, with a particular focus on Technology, Sustainability, and People. The session speakers and panellists were Monica Ospina, Jaime Montani, Kirsty Liddicoat, Stefan Gueorguiev and Sam Houston, and our team embarked on a journey to shape a brighter future for the mining industry.

The session set out to redefine what constitutes Major Projects in the mining sector. We moved beyond the traditional definition based solely on financial size, considering factors such as complexity, innovation, business impact, and the unique challenges these projects pose. In a rapidly evolving industry shaped by technological advancements and shifting societal demands, the ability to identify and prioritise the right projects has become more critical than ever.

 

One of the key takeaways from our session was the importance of adopting a global perspective when tackling Major Projects. This involves evaluating the technical intricacies, strategic significance, and global impact of these endeavours. Precise planning, meticulous execution, and a deep understanding of technology, sustainability, and societal dynamics are paramount for success in this context.

Sustainability emerged as a central theme during our discussions. We emphasized the need for the mining industry to align itself with global decarbonization and modernization goals. Achieving and maintaining a social license to operate requires a commitment to sustainable growth through technology adoption and community partnerships. Our aim was not only to inform but also to inspire and empower our delegates with strategies rooted in technology, sustainability, and a people-centric approach, ultimately contributing to a better world.

Our session concluded with a resounding call to action, urging the mining industry to reimagine itself for a proactive, regenerative, and inclusive future.

 

The Capital Projects Symposium also featured highlights from other industry leaders, including Karla Mills, Kurt Breede, and John Gravel, who shared their insights on project execution, development, project financing, and contracting models.

As the symposium ended, it was heartening to see the enthusiastic response from participants and their commitment to using Major Projects as a catalyst for positive change in the mining industry. Together, we have the potential to create a brighter and more sustainable future for mining, one that embraces technology, fosters sustainability, and places people at the centre of its transformation.

We look forward to the next edition of the symposium in Toronto in 2024, where we can continue our collective efforts to drive innovation and progress in the mining industry.

#CPS2023 #miningindustry #majorprojects #sustainability #technology #collaboration #futureofmining #strategicmanagement #strategicplanning

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