2023 Program

This page will be updated as speakers and details are confirmed.

MONDAY, Nov 13th

TIME Description
8:00-8:45 AM Registration
8:45-9:00 AM Welcome & Introductions
9:00-10:00 AM

Climate Change, Preparing for a new climate: Building resilience in the mining sector

Climate change-related risks and opportunities are increasingly important for the mining sector, both in terms of the policy and market demand implications of the transition to a low-carbon economy, and also through the risks and opportunities from the physical impacts of climate change. These may range from increasing extreme weather events, such as floods or cyclones to more chronic changes such general reductions in precipitation and sea level rise.

The mining sector is exposed to physical climate risks due to its reliance on large, long-live, capital- intensive fixed assets, the remoteness of operations, extensive transportation networks and complex supply chains, reliance on water, and dependence on workforces and communities exposed to a changing climate. Companies are increasingly recognising their potential exposure to physical climate risks and the need to proactively adapt to future climate conditions.

External expectations are also changing as climate issues evolve, and the regulatory and broader stakeholder environment governing the management of climate risk is changing rapidly. There are increasing requirements being placed on large corporate entities to comply with existing and new climate-related disclosure requirements, and to bring broader sustainability and societal benefits to the areas in which they operate.

In this session, WTW will provide an overview of the physical climate risks and opportunities facing mining companies and then explore some of the challenges and choices involved in understanding, managing and disclosing physical climate risk exposures. The session will also include a commentary from WTW on insurance-related issues and aspects of risk finance.

Moderator: Matthew Frost (WTW)
Head of Risk Advisory, Matt Frost, is one of WTW Australasia’s most unique thinkers. Throughout his significant career Matt has worked not only as a risk and insurance advisor but also as a buyer of insurance, including 17 years as Vice President Risk Finance for global mining giant BHP.

Speakers: Dr Anna Haworth, Associate Director, Climate and Resilience Hub, (WTW)
Anna in an expert in physical climate risk and resilience. Her work focuses on supporting corporates understand the physical climate risks facing their business and the solutions available to successfully manage these risks and capitalise on the opportunities. Over the last 14 years, she has worked with some of the largest extractives companies seeking to integrate climate change into their decision-making and risk management processes. Anna has also helped shape broader industry perspectives; for instance in 2019, she was the lead author of ICMM’s adaptation guidance – Adapting to a Changing Climate: Building resilience in the mining and metals sector. She is currently an Associate Director within WTW’s Climate & Resilience Hub 1 , leading the Physical Risk & Resilience team’s work with mining sector clients. Anna completed a PhD in 2009 in the School of Earth and Ocean Sciences at Cardiff University (UK).
10:00-10:45 AM Morning Coffee Break
10:45-11:45 AM

Market Outlook

In this session we will hear from a ‘cross-party’ panel formed of insurance brokers, an underwriter, a lawyer, insurance buyer, and valuer on the current state of the insurance market. We will start with a brief presentation on the current hot topic of valuations segueing into the various issues that the different parties in the insurance chain are currently dealing with. Questions from the audience are very much welcomed in this session.

Moderator: Paul Wordley (Wordley Partnership)

Paul is one of the founding partners of the Wordley Partnership, having been a partner in a major international law firm where he was Global Head of Insurance & Reinsurance and a member of the Management and Strategy Boards, respectively.

Paul’s expertise is geared towards advisory, complex claims, dispute resolution and coverage issues in the international Insurance and Reinsurance markets. He acts for policyholders, insurers, brokers, intermediaries, and reinsurers. His industry sector areas of expertise are in financial risks, industrial risks, commodities, technology and natural resources. He has advised on high-profile supply chain failures and Insurance / Reinsurance claims around the world.

Speakers: Devin Baker (Suncorp)

Devin began his career in the mining industry and transitioned to lending for a large credit union organization. He joined Suncorp Valuations in 2010 and works with the Business Development team to market the firm’s services.

Devin has been involved in the project managing of several large scale projects in food processing and various commercial real estate portfolios. He has managed appraisal engagements for financing, insurance placement, accounting and property records (IFRS), and litigation support for clients throughout Canada.

Panelists:
Malerie Kostiuk (Capstone Copper)
Mark Johnstone (PRL)
Catherine Richmond (Marsh)
Maria Pidduck (Chubb)
11:45 AM -12:45 PM

Supply Chain Issues

Supply chains and logistics for many mining assets can be extremely complex as many mines are located in remote and challenging locations. Today’s world order, or lack thereof, can put increasing stress on vulnerable supply chains both in the supply of routine operational consumables and export of product, as well as the logistics in getting emergency supplies and equipment to site post a loss event. Such issues can have an effect on the cost and time for reinstatement with implications for insurers and insurance buyers alike. We will also discuss the rise of the ‘commodity divide’ as some types of mineral operations claim precedence over more traditional miners for resources.

Moderator: James Fryer (Inigo)

Speakers:
Tony Lavan (Xpedite)
Brad Ebel (MDD)
Joe Scarlato (Lowers)
12:45-1:45 PM Lunch Break
1:45-2:45 PM

Navigating Geopolitical Pressure

Geopolitical uncertainty is among the top risks highlighted in this year’s World Economic Forum Global Risk Report. A continued push for national resilience, particularly as it relates to mineral and metal security is coming at a cost that only a few economies can bear. We have seen commodity trade significantly affected by the Russia-Ukraine conflict and exacerbated by increasing competition between China and the US. Newly elected governments in key mining jurisdictions are affecting the long term plans of mining companies, pressuring many to reassess strategies. Making the right investment decision in this risky and financially challenging environment has become ever more complex. This one-hour session will bring together a panel of leading mining, legal, insurance, and macroeconomic experts to discuss how the current geopolitical environment is impacting mining risk strategy, finance, and investment decisions.

Objectives of the session: Provide an overview of the key economic and political risk factors that are currently defining the operating environment of mining investment in foreign market jurisdictions

Discuss strategies mining companies are employing to mitigate the ongoing economic and political risk uncertainty

Understand political risk insurance, not only as a means to mitigate and transfer risk, but also as a means to improve the capital allocation process, in turn leading to better investment decisions and enhanced financing conditions

Moderator:Chantal Brazeau (Marsh)

Panelists:
Mick Martino, Insurance Manager (Rio Tinto)
Colin Chapple, Insurance (Glencore)
Matt Dunne, Head of US Political Ris
Andrew Nathanson (Fasken)
Stephen Kay (Marsh)
2:45-3:15 PM Afternoon Coffee Break
3:15-4:30 PM

Claims & Lessons Learned

Moderator: Tom Holliday (Munich Re)

Speakers:
Le Roux van den Berg (LWI)
Jon Nelson (FM Global)
4:30-4:45 PM Closing Comments
4:45-5:45 PM Reception
5:45-8:45 PM Evening Dinner

TUESDAY, Nov 14th

TIME Description
8:45-9:00 AM Welcome & Introductions
9:00-10:30 AM

What Next for Tailings Disposal

This session will be split into three main components:

1) An interview with Aidan Davy from the ICMM on the Global Tailings Standard.
Moderator:
Daniel Landers (Swiss Re)

Speaker:
Aidan Davy (ICMM)

2) Presentation: "Risk Reduction in Tailings Through Embracing Filtered Tailings Technologies"
Moderator:
Richard Stahl (Stahl Fe)

Presenters:
Rachel Jansen (Paterson & Cooke USA)
Michel Julien (Agnico Eagle Mines)

Abstract
Filtered tailings have the potential to significantly improve geotechnical stability, eliminate surface water from tailings impoundments and improve overall water management. Legacy tailings storage areas may be reclaimed by constructing landforms out of filtered tailings.

Filtered tailings have been implemented across a range of industries and environments. The LaRonde gold tailings operation in north-west Quebec shows that filtered tailings can be executed successfully in cold, wet climates at production rates of around 10,000 t/d, and that a business case can be made if costs over the life of operations and closure are accounted for. Still there are some issues that need to be managed, such as dust generation and geochemical aspects.

Our industry faces the challenge of scaling up these successes for large tonnage, lower-grade operations such as copper. New technologies, such as large-scale pressure filters, are being developed to improve the economics for scaleup, so that filtered tailings can be expanded further across the industry. However, strong drivers and recognition of the cost benefits of risk reduction are needed to build business cases for moving to higher cost filtered tailings.

3) A panel discussion to explore the evolution in tailings facilities insurance practices since 2019 and what the future might hold.

Moderator:
William Fremlin-Key (WTW)

Speakers:
David Barr (Mosaic Insurance)
Rob Larson (freeport McMoRan)
Raul Munoz (Marsh)
Robert Steinebach (Munic Re)
10:30-11:15 AM Morning Coffee Break
11:15 AM -12:15 PM

Digital Transformation & Innovation

Moderator: Katrin Hayduk (Aon)

Speakers:
Catarina Kim (Aon)
Ady Sharma (Aon)
Adam McGeorge (Aon)
Jon Nelson (FM Global)
12:15-12:30 PM MIRA Board Q&A
12:30-12:45 PM Closing Comments

Meet The Speakers & Moderators

James Fryer

James Fryer is Mining Underwriter at Inigo Syndicate in Lloyd’s. He has a background in Chemical Engineering and has been working in the London insurance market for more than 20 years as a risk engineer, loss adjuster, and construction/property underwriter, underwriting exclusively in the mining sector for more than 10 years. James has been involved with the MIRA group since its inception and has been Chairman since 2018.

Brad Ebel

In a nation with natural resources as rich and abundant as those found in Canada, MDD Toronto’s Brad Ebel stands above other accounting professionals as a globally renowned forensic accounting expert in the field of mining and quarrying.

Brad’s involvement in the industry began at his family’s open pit quarries near Lake Huron on Georgian Bay. The quarries, founded by his grandfather Charles Ebel, extract and process dimensional and landscape dolomite limestone.

Exposure to the family quarry led to a personal and professional interest in the mining industry and the challenges of operating in a safe, productive and efficient manner in that environment.

John Nelson

Jon Nelson is the Principal Engineer for Mining & Molten Materials for FM Global. In this position, Jon is responsible for technical oversight, engineering training, and engineering standards for the Mining & Molten Material industries for FM Global. Additionally, he provides support to our internal and external clients to resolve questions and find solutions around complex risks outside of traditional engineering standards. To identify these solutions, he works closely with FM Global’s corporate engineering and research groups. Jon also teaches FM Global’s internal engineering classes on high challenge industries such as Mining, Molten Materials, Aluminum Smelting, Glass Manufacturing and Advanced Boiler and Machinery risks.

Prior to his role as Principal Engineer, Jon was the Operations Chief Engineer/Operations Vice President for FM Global’s San Francisco and Seattle operations. Initially Jon joined FM Global as a Field Engineer in the Seattle office in 2002. During this time, he completed both Boiler and Machinery and Fire servicing primarily in the mining, molten materials, and chemical industries. Additionally, Jon is a co-author of several FM Global Loss Prevention Data Sheets on subjects such as Aluminum Smelting, Mining, Molten Materials, and Glass Manufacturing.

Aidan Davy

Aidan Davy joined ICMM in June 2007. As COO, he is responsible for strategy development and implementation, and provides strategic support across all ICMM’s programmatic work on environmental resilience, social performance, mineral resource governance and innovation. He led the work to develop ICMM’s Mining Principles – which define good practice environmental, social and governance requirements for the mining and metals industry – and is responsible for ICMM’s work on mining standards, sustainability reporting, tailings management, and policy engagement. In past strategy cycles, Aidan led ICMM’s work on environmental resilience, social performance, and governance and transparency.

Aidan has 35 years of cross-sectoral experience on sustainable development issues, working with a range of private, multi-lateral and not-for-profit organizations, including the World Bank and the International Finance Corporation in Washington DC. For the first decade of his career, Aidan primarily worked on environmental issues, within an international consulting company, a multinational manufacturing company and at the World Bank. He then shifted his focus to social responsibility and accountability issues, with a strong emphasis on the mining industry.

Mick Martino

With over two decades in the insurance and mining industries, providing insurance and risk management solutions remains a passion. I thrive on collaborating with leaders and colleagues, fostering innovative thinking, and aligning teams towards shared objectives. As the Insurance Manager at Rio Tinto, I provide expert counsel on insurance matters to business units and leveraging market insights for strategic decision-making, exceling in crafting and executing optimized insurance transactions and contributing to a resilient business framework. A Commerce graduate from the University of Melbourne, Australia and recently completed Masters specialising in Leading Sustainable Corporations from the Saïd Business School.

Stephen Kay

Stephen is a senior client advisor at Marsh US Credit Specialties. A former practice leader of the US team, he was until recently global leader of Marsh Specialty’s Political Risk Insurance Hub, overseeing a portfolio exceeding $30 Billion worth of insured investments and contracts. He presently is global head for infrastructure business development within Credit Specialties.

Stephen’s background is in political risk insurance and structured credit insurance products for corporate clients, banks, multilaterals, commodity traders and direct investors, including Basel-compliant credit coverage for financial institutions. He was one of the first brokers to develop private market Non-Payment Insurance for project finance applications. He is based in New York City.

Malerie Kostiuk

Malerie Kostiuk, is the Director of Risk & Insurance at Capstone Copper Corp., a premier copper mining company operating in the Americas, and is responsible for the global risk, insurance and surety programs including management of claims and Capstone’s insurance captive. She brings with her 15 years of experience in the international mining industry, including major mining project execution and M&A transactions, as well as boots the ground experience.

Katrin Hayduk

As Head of Growth and Innovation for Natural Resources, Katrin works closely with colleagues and clients across North America within the Natural Resources sector to identify unmet client needs in order to develop risk-transfer products and solutions currently not offered by the market.

Katrin drives thought leadership and endeavors to create solutions that will improve operational resilience of our Natural Resources client base.

David Barr

David is an environmental liability underwriter at Mosaic Syndicate in London, UK. Following a first degree in geology, David began his career in the offshore oil industry, with periods in the UK and Norwegian North Sea sectors. After a Masters Degree in Hydrogeology, he then worked as an environmental consultant, focusing on contaminated land risk assessment and remediation. Following this, David transferred to the insurance sector, initially in broking roles at Willis and Marsh, before underwriting positions at Chubb, SCOR and now Mosaic. Mosaic provides environmental liability insurance cover for all phases of mining activities, including the construction and operation of tailings storage facilities.

Tony Lavan

For over 20 years tony has travelled the world for mining companies, their captive insurers, reinsurers and for insureds for more than twenty years, helping to get their operations back in business following major incidents and to mitigate their business interruption losses. In addition to mining losses, Tony has managed the reinstatement of the sugar industry in Fiji three times after massive cyclones, rebuilt car assembly plants, plastics recyclers and paper mills after major fires, has been involved in numerous losses in petrochemical and power plants and even been involved in the recovery of resorts
following the 2004 tsunami.

Tony has a reputation for being able to devise novel solutions to get businesses back in business faster and with reduced losses, than they would otherwise have sustained.

Le Roux van den Berg

Le Roux is a Director of Lloyd Warwick International in South Africa and holds a Bachelor’s Degree in Mechanical Engineering with Professional Qualifications in Operational Engineering Management and Project Management.

He started his career in mining as an apprentice even before commencing with his studies, and collectively he has more than 15 years of operational experience in both underground and opencast mining, mineral processing and refining, and greenfields project management. During the years following the enforcement of the Kyoto Protocol, he was also closely involved in the development of energy and carbon trading projects around the world, especially concerning implementation in the mining environment.

He is a specialist in incident causation analysis and risk management associated with catastrophic industrial incidents. As a Loss Adjuster focusing on Large and Complex Losses in the Mining, Energy, Oil and Gas, and Heavy Industry sectors, he has gained extensive experience in the handling of Property Damage, Business Interruption, Marine, Cargo, and Liability Losses worth hundreds of millions of dollars across Africa, the Indian Ocean Islands, and South America.

Andrew Nathanson

Andrew Nathanson, KC is a leading commercial litigator, with substantial experience in the mining industry. He is Co-Chair of Fasken’s Commercial Litigation Group in BC and Co-Leader of the firm’s national White Collar Defence and Investigations group. Andrew is a Fellow of the American College of Trial Lawyers and has been ranked as a leading litigator in diverse areas including corporate and commercial litigation, directors and officers liability, securities litigation, public law and criminal defence. Commentators consistently highlight Andrew’s meticulous preparation and problem-solving skills.

Tony has a reputation for being able to devise novel solutions to get businesses back in business faster and with reduced losses, than they would otherwise have sustained. 

Colin Chapple

After spending 5 years with a P&I Club in London, Colin began his career at Glencore in May 2001. Colin has been the Group’s Insurance Manager since 2009 and has global responsibility over the Group’s insurable risks (and everything that that entails) and its captive insurance company. 

Rachel Jansen

Rachel Jansen

Rachel joined Paterson & Cooke in 2012 and is now a senior process engineer and tailings manager for our North American practice, focusing on tailings dewatering and alternative tailings technologies. She is based in our Denver, Colorado office.

Rachel has gained extensive experience in mineral processing within various roles, including metallurgical engineering, consulting, and laboratory management. She has field experience in South Africa, Turkey, Indonesia, Mexico, Brazil, and Australia.

Devin Baker

Devin Baker

Devin Baker is the Manager of Business Development with Suncorp Valuations. Devin works with a team of approximately 150 staff across Canada and the US specializing in appraisals for the purpose of Insurance, Financing, Tangible Asset Reporting, Purchase Price Allocation, Capital Asset Planning, Depreciation Reporting, and Reserve Fund Planning. 

Prior to his employment with Suncorp Valuations, Devin worked several years direct in the Mining Industry working in a number of large-scale production mines. Devin as well as a background working in Finance working for a Financial Institution. Devin earned his B. Comm. through the University of Saskatchewan and the Edwards School of Business specializing in finance and economics.

In his free time, Devin plays basketball, volleyball, is a Saskatchewan Roughrider fan, and spends what time he has working on his conflict-mediation skills with his very active boys.

Catherine Richmond

Ady Sharma

Alongside his long-standing role as a Cyber Insurance Broker, Ady Sharma is Aon Cyber Solution’s Growth Leader. Based in Toronto, Ady focuses on assisting organizations in identifying their cyber & privacy exposures, and subsequently designing risk transfer plans and negotiating favorable insurance contracts with local and international carriers. He is also responsible for ensuring the overall growth of Aon’s cyber solutions practice in Canada. He oversees the operations and delivery of all cyber security services that Aon offers including but not limited to cyber risk consulting, security services, insurance placements.

Catarina Kim

Catarina Kim is Managing Director of the Intelligence Group at Aon Cyber Solutions. She joined the firm in 2019 and is the global practice leader for intelligence services, including the threat intelligence, investigative research, and due diligence programs. Ms. Kim has more than 20 years of public and private sector experience managing complex intelligence and investigations across North America, Europe, and Asia.

Paul Wordley

Paul Wordley

Paul is one of the founding partners of the Wordley Partnership, having been a partner in a major international law firm where he was Global Head of Insurance & Reinsurance and
a member of the Management and Strategy Boards, respectively. Paul’s expertise is geared towards advisory, complex claims, dispute resolution and coverage issues in the international Insurance and Reinsurance markets. He acts for policyholders, insurers, brokers, intermediaries, and reinsurers. His industry sector areas of expertise are in aviation, energy, financial risks, industrial risks, commodities,
technology, sports & leisure and natural resources. He has also advised on many high-profile supply chain failures and resulting Insurance / Reinsurance claims around the world.

Paul has been involved in a number of high-profile international Insurance and Reinsurance claims over the last four decades and also regularly advises international clients on risk transfer, risk management and complex claims. He has significant mediation experience having represented clients in several successful multi-million-dollar mediations. Most recently this has included Covid BI claims, trade credit claims arising out of the GFC and claims arising out of the invasion of Ukraine.

Mark Johnstone

Mark Johnstone

Mark works with client executives and service teams in the development and execution of risk management services for existing and prospective clients including claims, loss control and Captives, in addition to ongoing management of multinational Mining clients. Mark also represents PRL as senior liaison to the risk management community. Prior to joining PRL Mark was the Director Global Insurance for Barrick Gold where he spent 10 years overseeing operational and project placement, loss control, claims, broker and Captive management. Prior to working at Barrick Gold he designed, applied, and administered both domestic and global Mining and Power client’s insurance and risk management programs. Prior to joining Marsh in 1997, Mark worked as an underwriter in both the Property and Executive Risk divisions of AIG.

Michel Julien

Mr. Julien is Agnico Eagle Mines Limited, Vice President, Environment and Critical Infrastructure. Prior to his appointment, he has held roles as Vice President, Environment and Corporate Director, Environment and has been with Agnico Eagle since 2011. Prior, he was a Principal at Golder Associates where he contributed for over 20 years in the field of tailings and to mine waste management projects.

He is an Adjunct Professor at the University of Toronto – Lassonde Institute of Mining, Civil and Mineral Engineering department, and former Chairman of the Board of the Research Institute on Mines and Environment (RIME) of Polytechnique-UQAT. Mr. Julien is a fellow of the Engineering Institute of Canada. He holds a B.Sc., B.Eng. (Mining Engineering – Polytechnique of Montreal), an M.Sc. (Geo – Engineering – University of Minnesota) and a PhD (Mineral Engineering – Polytechnique of Montreal). He is a registered Professional Engineer in Quebec, Newfoundland and Labrador, Northwest Territories and Nunavut.

Joe Scarlato

Joe Scarlato

Joseph M. Scarlato, MBA, CFE, has 20 years of global specialization in forensic accounting and litigation support. Clients include major property insurance companies, law firms, and corporations.
Mr. Scarlato has handled some of the largest international claims in recent history, with particular focus on mining and energy. He has also handled a wide range of diverse matters, with specific focus on
quantum and business interruption. Mr. Scarlato specializes in the evaluation of damages. He has handled a wide range of Energy matters and has handled a multitude of engagements ranging across a multitude of different industries such as mining and renewable energy.

Jeremy Wolgram

Jeremy Wolgram

Mr. Julien is Agnico Eagle Mines Limited, Vice President, Environment and Critical Infrastructure. Prior to his appointment, he has held roles as Vice President, Environment and Corporate Director, Environment and has been with Agnico Eagle since 2011. Prior, he was a Principal at Golder Associates where he contributed for over 20 years in the field of tailings and to mine waste management projects.

He is an Adjunct Professor at the University of Toronto – Lassonde Institute of Mining, Civil and Mineral Engineering department, and former Chairman of the Board of the Research Institute on Mines and Environment (RIME) of Polytechnique-UQAT. Mr. Julien is a fellow of the Engineering Institute of Canada. He holds a B.Sc., B.Eng. (Mining Engineering – Polytechnique of Montreal), an M.Sc. (Geo – Engineering – University of Minnesota) and a PhD (Mineral Engineering – Polytechnique of Montreal). He is a registered Professional Engineer in Quebec, Newfoundland and Labrador, Northwest Territories and Nunavut.

Tom Holiday

Tom Holiday

Joseph M. Scarlato, MBA, CFE, has 20 years of global specialization in forensic accounting and litigation support. Clients include major property insurance companies, law firms, and corporations.
Mr. Scarlato has handled some of the largest international claims in recent history, with particular focus on mining and energy. He has also handled a wide range of diverse matters, with specific focus on
quantum and business interruption. Mr. Scarlato specializes in the evaluation of damages. He has handled a wide range of Energy matters and has handled a multitude of engagements ranging across a multitude of different industries such as mining and renewable energy.

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