Tom Brady, Chief Economist at Newmont Mining provided an overview on the status of the commodity cycle. The presentation discussed key macroeconomic trends in the U.S. and globally. Potential impacts on the overall commodity sector with gold, copper and oil were reviewed in detail. Also addressed was China’s continuing influence on commodities, as well as key developments to monitor in 2015 and beyond.
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Tom is currently the Chief Economist at Newmont Mining Corporation and is responsible for generating the company’s assumptions of key metal and energy commodity, foreign exchange and cost escalation rates. Previously at Newmont, Tom led the Strategic Planning function that developed and implemented portfolio modeling analytics and also held positions in Investor Relations, Treasury and Corporate Development. Previously Tom was a Senior Manager at Risk Capital Management, a consultancy that advised energy and natural resource companies on financial risk, valuation and commodity hedging. Tom has also worked with CQG, Inc. where he developed a suite of automated trading systems for commodity futures contracts using the company’s short-term, price and volume charting methods. Tom holds a Ph.D. in Mineral Economics with research emphases in commodity markets from the Colorado School of Mines. In addition, Tom holds a Masters degree in Mathematics, also from the Colorado School of Mines.