Minerals Intelligence Network for Europe

Minerals4EU

Stakeholder benefits

James Baker

Grant Thornton, London, 11 November2014

Minerals4EU Network Structure

WP2 workshop, Copenhagen 3 June 2014

Division into the

administration and

daily running of the

network……

…..and the 4 divisions

controlling the output

of data to the clients

Grant Thornton, London, 11 November2014

Develop

sustainability

during the

project

the Minerals Intelligence Network concept

one-stop shop access

to all European data

Three products

during projectProducts beyond Minerals4EU

Grant Thornton, London, 11 November2014

Webportal/data

platform/EU MKDP

European Minerals

Yearbook

Foresight study

Minerals Intelligence Network:

some examples of benfits

Grant Thornton, London, 11 November2014

one-stop shop

access to all

European data

Better data

Support for

decision making

helps raising

investment

Eliminates

asymmetrical

advantages

Voice in the EU

process

Enables data

trading/sharing

Grant Thornton, London, 11 November2014

Better data

• The combined European Geological Surveys

have access to data which is not publically

available – and through Minerals4EU the

data has been harmonized, and a quality

control has been performed.

• The data can be relied on – something

essential for the mineral exploration industry

• It can be tailored (sorted, selected) to the

individual needs of a client

Grant Thornton, London, 11 November2014

Support for decision making

Investment costs in mineral exploration and

exploitation are high; Decisions involve

calculated risks and need to be based on

sound data, and there is little room for errors.

Data relevant for a project can be obtained

through the Minerals4EU Network on which

decision making can be based – to proceed

or even to kill a project.

Grant Thornton, London, 11 November2014

Supports raising investment

Following on from the previous point, when a

client is looking to raise investment for a

project, they need to convince outside

financiers. This can be done only on the basis

of sound and relevant data – and interpreted

data from the Minerals4EU data platform can

be used to develop a sound exploration

and/or exploitation model for a specific site

Grant Thornton, London, 11 November2014

Eliminates asymmetrical advantages

• To maintain a commercial advantage or at

least to be competitive, a client needs to be

able to access up to date and relevant

data

• The data available through the Minerals4EU

network is exactly that!

• Business cannot be conducted if you cannot

depend 100% on the mineral data, and

know that your competitor does not have

better data

Grant Thornton, London, 11 November2014

Enables data trading/sharing

Access to the data available through the

Minerals4EU project means that data trading,

data sharing and development of value

added products can be achieved: IP has to

be respected, but interpreted data and not

raw data can be utilised

Grant Thornton, London, 11 November2014

Voice in the EU process

• Being part of the Minerals4EU network will

ensure that a client will have a voice, and

will have a route into the EC decision making

process.

• There are a number of lobby organisations,

groups and platforms based mostly in

Brussels and they definitely influence the

way of thinking in the different DGs – and

Minerals4EU, through EGS, is part of all of

these groups – strategically important!

WP2: Sustainable Minerals Intelligence

Network

Network membership

Grant Thornton, London, 11 November2014

Aim is to grow the Network

Management Board

Exploration & Mining

Companies

Stakeholder Agreement

Min4EUnetwork

Database Service Provider

Secretariat

Participation Agreement

Service Agreement

Commission(Enterprise)

Stakeholder Agreement

OtherCustomers

Other data suppliers

contractual Agreement

Cooperating systems

Subscription Agreement

Service Agreement

Licence Agreements

Specific Surveys

Geol Surveys

Technical Agreement

Subscription Agreement

Concept Operational Structuremodified from World Bank’s African Mining Geoscience Initiative

(AMGI) by David Ovadia

Grant Thornton, London, 11 November2014

The funding model for clients is still being

worked on by the Minerals4EU team:

The benefits for stakeholders is clear!

As potential clients you need to:

Assess the quality of the data

Agree the pricing structure

Influence the products on offer!

Grant Thornton, London, 11 November2014

END

Grant Thornton, London, 11 November2014