In only its fifth year, the International Mining and Resources Conference has grown to be one of the largest events of its kind attracting the industry’s biggest operators and investors alike. The most up-to-date numbers show that investors with a staggering $5.4 trillion in assets under management will be in attendance, completely overshadowing the $94.6 billion in assets under management calculated for the 2017 event at this time last year.
And they’re bringing their chequebooks.
Current figures show that more than 400 investors are ready to invest over $14 billion in mining and resources projects at IMARC this year, doubling their commitment of $7 billion from this time last year,” said Event Director Anita Richards.
For Ms Richards, this increase speaks volumes about the reputation of the event.
IMARC includes the world-renowned Mines and Money which is the industry’s leading series of international events for capital-raising and mining investment and will bring together thousands of miners, financiers and industry professionals under the one roof at the Melbourne Convention Centre from 29 October to 1 November.
“Last year’s event enabled us to meet with investors from around the world about our Boonanarring Project located in the North Perth Basin.
“Since the 2017 IMARC event, we’ve raised $25 million in equity capital, and our flagship project has advanced to commissioning in advance of first production later this year. Our success is in part due to contacts made at IMARC, the biggest and best event of its type in Australia,” said Patrick Mutz, Managing Director Image Resources.
The status of the event is attracting miners of all sizes, commodities and origins who are flocking to Melbourne to professionally showcase their latest mining projects to prospective investors.
Floorspace at IMARC has grown from 4,500 square metres last year to 7,500 square metres – a 66 per cent increase year on year – and with good reason according to Richards.
“IMARC has brought thousands of investors and miners together under one roof and has generated millions of dollars in new business, deals and opportunities. In 2017, over 90 million in investments were recorded over the three days of the event with 42 per cent of investors backing projects identified at IMARC.
“Commodity buyers, traders, and public and private investors will all be actively seeking new investment opportunities, looking to speak directly to senior executives to assess and compare an extensive range of investment opportunities in the mining and energy sectors,” finished Ms Richards.
For more information visit https://imarcmelbourne.com/
The International Mining and Resources Conference is Australia’s largest mining event. Bringing together over 6,000 decision makers, mining leaders, policy makers, investors, commodity buyers, technical experts, innovators and educators from over 90 countries for four days of learning, deal-making and unparalleled networking. IMARC will run from 29 October to 1 November 2018 at the Melbourne Convention and Exhibition Centre.
For Media Enquiries please contact:
Head of Marketing – Asia Pacific
T: +61 3 9021 2031