Workshop - Day 1 Conference - Day 2 Conference
Main Conference Day 2, 21 October 2009
| 08:30 |
Registration |
| 08:45 |
Chairman’s Welcome and Recap |
Effective Contract Risk Management |
| 09:00 |
Effective Contract Management: It is more than legal device to minimize risk
There is more to achieving successful contract outcomes than
cleverly worded contracts. Mr Luxford will share his experiences
in delivering ‘win – win’ contract outcomes for both Principals and
Contractors from drafting, negotiation, and managing the contract.
Joe Luxford, Principal, Trident Project and Mining Services (Australia) |
| 09:40 |
Risk Mitigation Techniques: Case study of PT Indominco Mandiri
- Risk identification & evaluation from constant communication
with different stakeholders
- Legal and non-legal devices in mitigation risk with changing
mining regulation and volatile commodity price
- Minimizing associated risks when working with different
contractors
Andreas Uguy, Mine Operations Manager, PT Indominco Mandiri |
| 10:20 |
Networking Coffee Break |
| 10:50 |
Developing a Successful Alliance Contract
- Identifying & mitigating risk in mining companies : a case in a KP’s
holder company at its early production stage
- Comparative analysis of different alliance models : aligning risk
and competence
- Benefits & Challenges in using alliance contract to mitigate risks
from commodity price fluctuation & legal uncertainty : cost
management approach
- Lesson learned through contract coordination process : the
importance of documentation
Zulfikar Alimuddin, Director of Corporate Planning & Strategy, Hasnur Group |
| 11:30 |
Contract Risk Management in the mining industry
- How to align your goals within the contracts and appropriate indemnify each party’s risk?
- How to reduce the major uncertainties throughout the lifetime of the contract?
- What contract model suits your appetite of risks and different size of mining projects: small, medium, and large-scale?
|
| 12:00 |
Experience Sharing Session:
Contract Risk Management in the Present Credit Crunch & Changing Regulations
- Key factors in contract risk management
- Possible problematic areas & common loopholes in the contract which can highly affected your mining business
- How different stakeholders deal with this contract risk management?
- How can mining companies protect their business while safeguarding their customer relationship?
Moderator:
Hendra Sinadia, Member of Legal Committee, Indonesian Mining Association
Panellists:
- Iskandar Surya Alam, Distribution Manager, PT Bukit Asam (Persero) Tbk
- Johnson Har Anom, Senior Officer – Corporate System, Banpu (Thailand)
- Luke Thomas, Chief Executive Officer (CEO), Sembawang Corporation
- Wijayanto, Commissioner, PT Anggadarma Nusa Persada |
| 12:40 |
Executive Networking Lunch |
| Alternative Solutions to Mitigate Contract Risk |
| 14:10 |
Risk Management in Changing Regulation
- Risk assessment mechanism
- Risk identification: today’s risk environment
- Risk Management in changing regulation: financial loss and non financial loss
- Mitigating risk in multi-level regulatory authority framework (central & regional governments)
- Mitigating risk from volatile commodity price
- Case study of a potential open-pit mine
Dr. Suseno Kramadibrata, Associate Professor, Institut Teknologi Bandung |
| 14:50 |
Strategies for Mining Operators & Contractors to Mitigate Risks
from OEM
- How to mitigate your risk when collaboration with OEM
- Overview of Legal & Non-legal strategies (Advantages and
Disadvantages)
- Is legal strategy the only way to go when working with OEM?
Wijayanto, Commissioner, PT Anggadarma Nusa Persada |
| 15:30 |
Networking Coffee Break |
| 16:00 |
Risk Assessment of Transforming the Mining Type during Changing Regulations & Volatile Commodity Price in African Countries
Whether you need to compare owner- with contract mining, procure a contractor, change your contract type or move from contract- to owner mining – economic evaluation is the most critical element in your decision making process.
- Economic evaluation during risk assessment, procurement and implementation
- Economic evaluation as integral part of your legal process and contract agreement
Sarel Blaauw,Chief Executive Officer (CEO), Tacmin Group (South Africa) |
| 16:45 |
Panel Discussion: The Most Effective Alternative Solution to Mitigate Contract Risk
- Experience of different companies in using alternative solutions to mitigate contract risks
- Pros and Cons of different devices
- Legal VS non-legal: which one is more effective in mitigating the risks and solving the problem in the contract mining
Moderator:
Joe Luxford, Principal, Trident Project and Mining Services (Australia)
Panellists:
- Andreas Uguy, Mine Operations Manager, PT Indominco Mandiri
- Dr. Suseno Kramadibrata, Associate Professor, Institut Teknologi Bandung
- Kevin Irving, General Manager - Engineering and Principal Consultant, Xstract Group (Australia)
- Sarel Blaauw, Managing Director, Minalcon (South Africa)
- Zulfikar Alimuddin, Director of Corporate Planning & Strategy, Hasnur Group |
| 17:15 |
Chairman’s Summary and Close of Conference |
Workshop - Day 1 Conference - Day 2 Conference |