With gold holding over US$2,000 (for now), join these titans in junior gold mining as they gaze into their crystal balls and discuss what gold is likely to do in 2024 and the reasons why. A live Q&A follows the moderated discussion.
Dan Wilton has more than 25 years of experience in M&A, corporate finance and principal investing in the mining sector, having executed as principal or advised on more than $10 billion of mergers, acquisitions and divestitures and more than $1 billion of financings. Dan was previously a Partner at Pacific Road Capital Management, a mining-focused private equity investment firm with approximately $800 million under management. Prior to joining Pacific Road, Dan's previous roles included Managing Director and Head of the Global Mining and Metals Group at National Bank Financial Inc., Managing Director in Business Development at General Electric based in London, England, and other corporate finance and M&A roles at global financial institutions based in Toronto and New York. Dan is a Director of Providence Living, a residential care and assisted living provider based in Vancouver, BC, and serves on the Audit and Finance and Quality Committees. Dan served on the Board of Providence Health Care for 11 years, including acting as Vice Chair for 6 years and Chair of the Audit and Finance Committee during the financing and approval process for the New St. Paul's development. Dan holds a B.Comm (First Class Honours) from Queen's University and an MBA (with Distinction) from INSEAD in France.
Dr. Garrett has over 25 years of senior executive management experience in the mining industry and an exceptional track record for developing projects and building companies. Dr. Garrett was President, CEO and Director of Romarco Minerals Inc. where she built and led the team that developed the multi-million ounce Haile Gold Mine in South Carolina from discovery through to final feasibility, permitting and construction. Romarco was subsequently acquired by OceanaGold in 2015 and Dr. Garrett was appointed to the Board of OceanaGold and a member of the Steering Committee for the Haile Gold Mine. Dr. Garrett was most recently the President and Chief Executive Officer of Nickel Creek Platinum Corp. Prior to her time at Romarco, Dr. Garrett held numerous senior positions in public mining companies including VP of Corporate Development at Dayton Mining Corporation and VP of Corporate Development at Beartooth Platinum Corporation. Early in her career, Dr. Garrett was the Senior Mining Analyst and Portfolio Manager in the precious metals sector with US Global Investors. Dr. Garrett is also a Director of NovaGold Resources Inc., a gold company listed on the NYSE American and Toronto Stock Exchange and a Director of Ausenco Pty, an Australia based global engineering firm. Dr. Garrett has also served as a director of TriStar Gold, Inc. and Revival Gold Inc. Dr. Garrett received her Ph.D. in Engineering and her Masters in Mineral Economics from the University of Texas at Austin.
Mr. Van Nieuwenhuyse was appointed to serve as President, Chief Executive Officer, and director of the Company effective January 6, 2020. He previously served as President and Chief Executive Officer of Trilogy Metals Inc. from January 2012 until December 2019. Between May 1999 and January of 2012, he served as the President and Chief Executive Officer of NOVAGOLD, Inc, a company that he founded. He served as the Vice President of Exploration for Placer Dome from 1990 to 1997. Mr. Van Nieuwenhuyse holds a Candidature degree in Science from Université de Louvain, Belgium and a Master of Science degree in Geology from the University of Arizona. Mr. Van Nieuwenhuyse currently serves on the board of directors of Alexco Resource Corp. He served on the board of directors of Sandfire Resources America, Inc. (formerly, Tintina Resources Inc.) from 2008 until 2016. Mr. Van Nieuwenhuyse has over forty years of experience in the minerals mining industry and brings significant industry and technical knowledge to the Company.
Replay transcript excerpt
Speaker 1: All right, well, as people are trickling in, just wanted to wish everybody a good morning, afternoon or evening, depending on where you're tuning in from today. And thanks so much for joining us. Speaker 1: On a recent event, Diane Garrett, CEO of iCraft, who's joining us today said, if you want to talk about the gold outlook, we could take a separate hour for that. And I thought, what a good idea. So here we are today. We'll be gazing into the crystal ball and asking where gold might end up this year and why. Speaker 1: But without further ado, I'm just going to go ahead and let the speakers introduce themselves Speaker 1: before we get started. So I'll throw it to Rick 1st. Speaker 2: My name is Rick VanUwenhuizen, President and CEO of Contango Ore, Speaker 2: and we're developing a gold project up in Alaska. Speaker 1: Thanks for that. Let's get to Dan. Speaker 3: I'm Dan Wilton, the CEO of 1st Mining Gold. 1st Mining is advancing 2 projects, our Springpole Speaker 3: Gold Project in Ontario and our DuParquet Gold project in the Abitibi region of Quebec. Speaker 1: Awesome. And finally, Diane. Speaker 4: Thank you, Romeo. I'm Diane Garrett, president and CEO of Highcroft Mining, where we have 1 of the world's largest gold and silver deposits in Nevada, and we're transitioning it to the next phase of operations Speaker 4: on the sulfide ore. And we've recently had a great new silver discovery. Speaker 1: Awesome. Appreciate it. So let's jump right in with targets. I don't want to waste anybody's time. So JP Morgan put their hat in the prognosticating ring with a gold price estimate of 2135 Speaker 1: by the end of 2023, Speaker 1: based largely on falling dollar and their anticipated rate cuts. So I'll give each of you an opportunity to just tell the aud...