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AusIMM Adelaide Branch – Annual Dinner 2020: A life in zinc; some quizzical thoughts on exploration risk

Registrations are now open for the Adelaide Branch Annual Dinner 2020 featuring guest speaker Dr Russell Penney

Date: Friday 18 Sept 2020

Time: 6:30 pm – 9:30 pm

Dress code: Cocktail

Adelaide Pavilion
Veale Gardens
Cnr South Terrace & Peacock Rd
Adelaide SA 5000
(free parking available)

Presenter: Dr Russell Penney


Type Cost
AusIMM, Auxiliary
members & partners
Non-Member $120
Student Member $60

Includes: Entrée: Leek and Feta Tart or Beef Ragu. Mains: Rib Eye Steak or Lemon herb Barramundi or Veg (chefs choice) and drinks.


Registrations close Friday 11 September.
Phone number details are required at the door as part of entry

This event is brought to you by the AusIMM Adelaide Branch, our 2020 Branch Partners of Bureau Veritas & OZ Minerals and our 2020 Annual Dinner Partners, Byrnecut Australia & Mining Plus.

The Adelaide Branch welcomes you to join us at the 2020 Annual Dinner, with guest speaker Dr Russell Penney who will be presenting ‘A life in zinc; some quizzical thoughts on exploration risk’.

Russell Penney is an internationally experienced exploration geologist, manager and senior executive with a career spanning 32 years with multinational mining companies and junior explorers. Russell has a proven track record in mineral discovery, strategy and program development, property analysis, project acquisition and management and negotiations with stakeholders. His experience has predominately spanned base metals, gold and uranium.

The Annual Dinner is the premier event on the Adelaide Branch’s social calendar. COVID restrictions have caused this event to be pushed out from its usual yearly time slot, but we are ecstatic to still be hosting this physical event now! Tickets are anticipated to go quickly so make sure you get your bookings in early!

This prestigious evening will also include Award presentations to members and students, door prizes, excellent South Australian food and wine and much more.

We look forward to welcoming you at this event which will appeal to students, members, partners and friends and is sure to be a highlight for this year!


Russell Penney graduated with an honours degree in Geology in 1975 and completed his PhD in 1979, both at Trinity College Dublin. He rounded off his academic career at Oxford University as a Postdoc in the Heat Flow Group before joining BP Minerals in London in 1981, the year after BP had taken over one of the UK’s largest mining houses, Selection Trust.

After three years exploring for zinc in Western Europe, Russell was transferred to BP Minerals’ Australian division, Seltrust Mining Corporation and plunged in the deep end at Broken Hill. He went on to explore for gold in Western Australia, culminating in the discovery of the Mount Olympus gold deposit near Paraburdoo, a one million ounce Carlin style deposit. In 1989 BP sold most of its worldwide mining interests to Rio Tinto in what was then the world’s largest ever minerals purchase.

Russell joined Pasminco’s new exploration division in Melbourne in 1991 and after stints at Rosebery in Tasmania, and managing zinc exploration back in Ireland, he became overseas project generation manager. This quickly led to Pasminco farming into the new Duddar zinc discovery in Pakistan. After commencing exploration in Peru, in Russell headed up a major project generation exercise, the World Zinc Database, which compiled zinc belts and occurrences world-wide and examined risks, to identify the most prospective areas for future exploration. Following the demise of Pasminco in the early “naughties” this work was published.

Russell rode the crest of the naughties mineral boom as Managing Director of juniors, NGM Resources (Perth) and later, Uranium Exploration Australia (Adelaide), another decade of globe-trotting prospects and financing companies. During that time his focus moved from gold in WA, to Uranium in Africa, and finally base metals in NSW.

Russell is now “retired” from the minerals industry and is an active member of the City of Adelaide clipper ship restoration project in Port Adelaide, where you will find some of his ship models on display. He is also writing a book on maritime history, temporarily suspended due to travel restrictions.


Branch Partners 2020


Annual Dinner Partner 2020

         Mining Plus | Global Mining Services Provider

Media Partner 2020

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