NEWS RELEASE: Commodity expert to share her wisdom with OMA directors

This article was provided by the Ontario Mining Association (OMA), an organization that was established in 1920 to represent the mining industry of the province.

Patricia Mohr, Scotiabank Vice President of Economics and Commodity Market Specialist, will be the featured speaker at the Ontario Mining Association’s annual meeting and board of directors meeting on June 5, 2013. Given the current swings in commodity markets and economic volatility around the world, a perspective from this leading and globally respected economist will be timely.

Earlier this year, Ms Mohr received the 2012 Metal Bulletin Apex awards for the top gold and overall precious metals price forecasts throughout the year. These awards are presented to the most accurate forecasters of precious and base metals prices. Ms. Mohr’s gold forecast was estimated with 99%-plus accuracy.

“It is truly an honour to be recognized by Metal Bulletin and to be among the few overall winners for the Apex award,” said Ms Mohr when accepting the trophy. “This success is a tribute to Scotiabank’s leading position in financing the global mining industry and in making a market in gold and precious metals.”

She developed the Scotiabank Commodity Price Index, which was the first yardstick designed to measure price trends for Canadian commodities in export markets. This benchmark was first introduced in 1987. It is a U.S. dollar based index specifically designed to track commodity prices and global markets of interest to Canadian resource producers and Canadians.

Ms Mohr joined Scotiabank in 1985. Prior to that, she worked for Alberta Energy Co. (now EnCana Corp.) and was corporate economist for CP Ships and Canadian Pacific. Ms Mohr is a graduate of the University of British Columbia where she earned both a Bachelors and a Masters degree in economics. She began her business career with Natural Resources Canada in Ottawa.

The OMA looks forward to the comments and insights Ms Mohr will offer as luncheon speaker on June 5. OMA Directors and other industry leaders will be meeting at the Royal Ontario Museum in Toronto for Ms Mohr’s wisdom and the organization’s annual meeting.

In the evening, the fifth annual high school video competition So You Think You Know Mining awards gala will also be held at the ROM. The OMA has more than 85 members and is one of the longest service trade organizations in the country. It is celebrating its 93rd anniversary this year.

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