TECHNICAL SESSIONS ADVANCING CYBER SECURITY FOR …

1 TECHNICAL PROGRAM | TECHNICAL PROGRAM 2 TECHNICAL SESSIONSMONDAY, FEBRUARY 28 AFTERNOONADVANCING CYBER SECURITY FOR THE GLOBAL mining INDUSTRY2:00 PM | ROOM 151 GChair(s): H. Ednie2:00 PMWorking Together to Secure mining and MetalsR. Labbe; Information SECURITY Teck Resources, Vancouver, British Columbia, CanadaSecuring the global supply chain starts with securing the industries at the foundation mining and Metals. The Global mining and Metals Information Sharing and Analysis Center (MM-ISAC) was created by mining and metals operators to help defend the industry from CYBER attack and build resilience through information sharing, collaboration and research. Learn how MM-ISAC helps the industry work together to collaborate and build resilience against CYBER threats, and how you and your organization can participate and :00 PMYou re Not Paranoid if They Really Are Out to Get You mining and Metals Industry Threat BriefingC.

2 Burgett; mining and Metals Information Sharing and Analysis Center, Vancouver, British Columbia, CanadaThe mining industry and its suppliers are being targeted by CYBER attacks. This briefing will review the current threat landscape and the attackers tar-geting our industry, their current activities, and what we expect to happen over the next 12 months. More importantly specific actions and activities that organizations in the sector can take to help defend and build resilience will be discussed2:00 PMBuilding a CYBER Resilient mining and Metals Supply Chain MM-ISAC s Supply Chain Resiliency ProgramA. Dow; Marai SECURITY , Vancouver, British Columbia, CanadaMM-ISAC has developed the mining and Metals Supply Chain Resilience program to allow all suppliers and supply chain partners to fully participate with operators in defending the industry from CYBER attack.

3 Beginning with a SECURITY assessment program, supply chain partners are able to receive an independent SECURITY assessment from MM-ISAC, showing their commitment to cybersecurity and resilience and demonstrating the need to work together to common standards for desired, that commitment can be expand-ed to full participation in MM-ISAC s threat and information sharing programs allowing threat and CYBER intelligence to flow securely up and down the supply chain, allowing the industry to work together to build a truly resilient industry. This session will review the supply chain resiliency program, how supply chain partners, operators and the industry can benefit and more importantly, how all organizations involved in mining and metals can participate2:00 PMCyber Resilience is a Team Sport Closing Smelterside ChatJ. Matthews1, R.

4 Labbe2, C. Ard3, 1 Freeport Minerals Corporation, Phoenix, Arizona, United States, 2 Information SECURITY Teck Resources, Vancouver, British Columbia, Canada, 3 Newmont Corporation, Greenwood Village, Colorado, United StatesThe closing panel will bring the SESSIONS together. Speakers will discuss the learnings from the session, key actions we can all take to improve the secu-rity of our organizations, products, and operations. The panelists will also be happy to take your questions and provide guidance and advice to help build a resilient industry. MONDAY, FEBRUARY 28 AFTERNOONCOAL & ENERGY: ACCESSING CAPITAL IN THE EVER-CHANGING ENERGY LANDSCAPE2:00 PM | ROOM 150D-FChairs: T. Alch, VIce Chair NY Section of SME and Co Chair of SME s mining Finance Conference, Edgewater, NJ P. Conrad, Montana Tech, Butte, MT2:00 PMIntroductions2:05 PMEnergy Industry Trends Impacting Transactions, Financings and RestructuringsR.

5 Reeves; Northcott Capital, London, UKThis presentation will provide an update of the landscape and market for raising capital as the energy industry adapts to a new political landscape with respect to source of electricity generation. It will start with a brief overview of competing energy sources including coal, natural gas and renewables. It will also discuss recent developments in the coal as well as natural gas industry both nationally and internationally that are relevant for financing at the mine and corporate level. The discussion will focus on financing alternatives for a mature industry and explore possible alternatives or scenarios that could create upside for the industry and facilitate raising :25 PMSocial Challenges for Coal in Raising CapitalJ. Craynon; mining Engineering, West Virginia University, Morgantown, WVThe continued focus globally on reducing carbon emissions and addressing climate change has created high social barriers for funding operations that focus on fossil energy, particularly coal operations.

6 However, there are possi-ble approaches to address the social challenges for coal in raising capital for new and expanding operations. Many of those approaches involve making a full life-cycle analysis for the entire operation and supply :45 PMGlobal Financing and a Thermal Coal Supply A Perspective in 2022M. Oommen; mining Consultant, Ballwin, MOLocal energy markets, domestic electricity demand and national energy and natural resource policies continue to dominate the use of coal in power generation. However, external financing in the form of large development financing institutions in Japan, South Korea and Europe has been signifi-cantly curtailed in the shift toward financing of cleaner energy sources all parts of the world. China s economy continues to be powered by coal. About 240 gigawatts (GW) of coal fired plants are in the pipeline with almost 90 GW under construction and the remainder approved and permitted.

7 India has almost 37 GW in the pipeline with Indonesia and Turkey accounting for about 41 GW that are under construction or already have been approved and permitted. Given the significant projects that are currently in the pipeline, it is hard to see demand for coal completely dying out in the next few decades with coal supplies expected to last at least through the financial tenor of the loans associated with projects currently in the pipeline. | TECHNICAL PROGRAM 3 TECHNICAL SESSIONS3:05 PMSupplying Raw Materials to the Infrastructure and Electrification IndustryK. Taylor; American Resources Corporation, Fishers, INThis presentation will focus on supplying raw materials to the infrastructure and electrification :25 PMAn Investment Bankers Perspective of the Uranium and Nuclear Energy IndustryR. McCormick; Energy & Natural Resources, Capstone Partners, Dallas, TXThere are a total of 441 nuclear power reactors currently operating in some 30 countries, and this is the 7th consecutive year nuclear generation has risen.

8 Globally 50 new reactors were connected to the grid in the last 8 years. Add to that 54 nuclear power plants currently under construction around the world and over 165 planned through 2040 and you have a recipe for surging U308 prices generating increased M&A activity and significant capital requirements in the uranium mining sector. We can expect a 42% increase in nuclear generation capacity by 2030, which would necessitate a 60% growth in uranium production to 300 million pounds annually. The US Department of Energy ( DOE ) is expected to begin purchasing uranium for domestic reserves after Congress approval of an initial $75 million ear-marked for purchase in 2021 from at least 2 US mines (10 year program). Higher uranium prices are ahead due to demand outstripping supply, in-ventory shrinkage, deposit depletion and continued high grading.

9 Utility long term contracting, which will be occurring sooner rather than later, will be the main catalyst to drive uraium prices , FEBRUARY 28 AFTERNOONCOAL & ENERGY: BEST OF GROUND CONTROL2:00 PM | 151A-CChairs: M. Murphy, National Institute for Occupational Safety and Health, Pittsburgh, PA H. Lawson, NIOSH, Spokane, WA2:00 PMIntroductions2:05 PMExploration of Limestone Pillar Stability in Multiple-level mining Conditions Using Numerical ModelsG. Rashed, B. Slaker and M. Murphy; CDC NIOSH, Pittsburgh, PAPillar stability continues to be a significant concern in multiple-level mining conditions particularly for deep mines when pillars are not stacked or the thickness of interburden between mining levels is thin. The National Institute for Occupational Safety and Health (NIOSH) is currently conducting research to investigate the stability of pillars in multiple-level stone mines.

10 In this study, FLAC3D models were created to investigate the effect of interburden thickens, the degree of pillar offset between mining levels, and in-situ stress conditions on pillar stability at various depths of cover. The FLAC3D models were validated through in-situ monitoring that was conducted at two multi-ple-level stone mines. The critical interburden thickness required to minimize the interaction between the mining levels on top-level pillar stability was explored. The model results showed that there is an interaction between nu-merous factors that control the stability of pillars in multiple-level conditions. The results of this study improve understanding of multilevel interactions and advances the ultimate goal of reducing the risk of pillar instability in underground stone :25 PMRail Road Bridge Movements Above a Deep Longwall Mine in the Eastern USZ.