• The University of Western Australia (M261), 35 Stirling Highway,

    6009 Perth

    Australia

1988 …2019
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Personal profile

Biography

Allan Trench is a mineral economist, geophysicist and business management consultant.

Allan holds a BSc (Hons) Geology from the Royal School of Mines, London, a Ph.D (Geophysics) from Glasgow University, an MBA (Distinction) from Oxford University and an MSc (Distinction) in Mineral Economics from the WA School of Mines (WASM).

Prior to moving to Australia in 1991 on a Royal Society Visiting Postdoctoral Fellowship, Allan was a Natural Environment Research Council Research Fellow in Geophysics at Oxford University.

Industry roles have included management of nickel and gold/base metal exploration teams in the Yilgarn region of WA, initially for WMC (1992-1997)and subsequently for a group of junior ASX listed companies (1997-2001).

From 2001-2003 Dr Trench worked as a business consultant for McKinsey and Company, then as a manager at KCGM Pty Ltd (the Kalgoorlie Super Pit 2003-4; a Joint Venture of Newmont Mining and Barrick Gold) and Woodside Petroleum (2004-2006), and subsequently as a consultant with CRU Group (since 2007), providing business analysis and intelligence on the global mining and metals and markets.

From 2011-2015, Allan was Professor of Mineral & Energy Economics at the Curtin Graduate School of Business, Curtin Business School.

He is currently MBA Director and Professor of Practice at UWA Business School and also Research Professor, Progressive Risk & Value, Centre for Exploration Targeting, University of Western Australia (75% FTE).

Allan serves as a non-executive independent director of a number of emerging overseas and Australian-listed resources companies.

Funding overview

Professor Allan Trench 2013, 'Evaluating the Attractiveness of Fiscal Regimes for New Gold Developments: African & South American Peer Country Comparisons ', International Mining for Development Centre ex AusAID

Previous positions

Professor, Mineral & Energy Economics, Curtin Graduate School of Business, Curtin Business School (2011-2015)

Consultant - McKinsey & Company (2001-2003)

Associate Professor of Mineral Economics at the WA School of Mines, Curtin University of Technology leading Masters short courses in finance, strategic management, operations management, microeconomics and project management (1999-2001)

Royal Society of London Overseas Research Fellow in Geophysics at the University of Western Australia (1991-1992)

NERC Research Fellow in Geophysics at the Department of Earth Sciences, Oxford University (1989-91). Natural Environment Research Council Fellowship. Member of Wolfson College, Oxford.

Chairman - Acadian Mining Corporation (2009-2013)
Chairman - Venturex Resources (2008-2011)
Chairman - Navigator Resources (2008-2013)
Director - Trafford Resources (2010-2014)
Director - Anova Metals (previously Kimberley Rare Earths - 2011-2013)

Current projects

- Scenarios for the Future of Global Copper Mine Supply (PhD research supervision, John P. Sykes)

- The microeconomics of the Periodic Table: Lithium (3) to Uranium (92)

- Progressive risk and value along the mining value chain; The concept of 'Convex' and 'Concave' commodities

- Geological controls on the operating cost structure of Australian gold mines (PhD research supervision - Sam Ulrich)

Industrial relevance

Allan delivers short-course executive education via the Centre for Exploration Targeting on aspects of mineral economics, mineral sector strategy, resources sector management and exploration management best practices. Courses are held in Perth, inter-state or internationally. Course content has relevance for both Australian and international audiences. International participants from both industry and from government at recent courses led by Allan have included delegates from the following countries:

.Brazil
.Cameroon
.Chile
.China
.Democratic Republic of Congo
.Fiji
.Ghana
.Indonesia
.Kazakhstan
.Laos
.Malawi
.Malaysia
.Mongolia
.Mozambique
.Myanmar
.Nigeria
.Papua New Guinea
.Peru
.Philippines
.South Africa
.South Korea
.Tanzania
.Thailand
.Turkey
.Uruguay
.Uzbekistan
.Vietnam
.Zambia
.Zimbabwe

Teaching overview

- Strategic Management of Resources Companies

- Mineral Economics for Geologists - CET

- Strategic Analysis and Consulting (forthcoming)

- Business Advisory Project - UWA MBA

- Resource Sector Management - Curtin MSC/MBA

- Financial Analysis & Mineral Economics - UNSW

- Exploration Management & Decision-Making - KIGAM (South Korea)

- Contributor to “The Business of Mining” MOOC (Massive Open Online Course) – Curtin University of Technology. https://www.edx.org/course/business-mining-curtinx-tbomx

Research

- Mineral Economics
- Mineral Sector Strategy
- Boardroom Practices and Governance
- Effective Exploration Management
- The Economics of Australia's gold sector

Keywords

  • Mineral Economics
  • Mineral Industry Management
  • Gold
  • Iron Ore
  • Progressive Risk & Value

Fingerprint Fingerprint is based on mining the text of the person's scientific documents to create an index of weighted terms, which defines the key subjects of each individual researcher.

gold mine Earth & Environmental Sciences
Great Glen Fault Earth & Environmental Sciences
gold Earth & Environmental Sciences
Silurian Earth & Environmental Sciences
cost Earth & Environmental Sciences
magnetostratigraphy Earth & Environmental Sciences
Ordovician Earth & Environmental Sciences
Myanmar Social Sciences

Network Recent external collaboration on country level. Dive into details by clicking on the dots.

Research Output 1988 2019

gold mine
gold
costs
cost
Empirical study

A role for data richness mapping in exploration decision making

Aitken, A. R. A., Occhipinti, S. A., Lindsay, M. D. & Trench, A., 1 Aug 2018, In : Ore Geology Reviews. 99, p. 398-410 13 p.

Research output: Contribution to journalArticle

Decision making
decision making
Gold
Costs
data quality
greenstone belt
Sandstone
Gold
craton
gold

How Australia's iron ore miners hit the sweet spot

Trench, A., 23 Aug 2017, 1 p. Fairfax Business Media.

Research output: Other contribution

Is grade king in gold? A preliminary analysis of gold production costs at Australian and New Zealand mines

Ulrich, S., Kanakis, M., Groves, D., Hagemann, S., Sykes, J. & Trench, A., 2017, Australasian Institute of Mining and Metallurgy: 49th New Zealand Branch Annual Conference on exploration, mining and New Zealand's mineral resources. New Zealand: Australian Institute of Mining & Metallurgy (AusIMM), p. 438-453 16 p.

Research output: Chapter in Book/Conference paperConference paper

Projects 2013 2017

Prizes