Natural Resources >> Analyst Interviews >> December 19, 2011

Gold Producers Aim To Raise Roe To Compete With ETFs – Ian M. Preston – Goldman Sachs

Ian M. Preston is a Resources Analyst for Goldman Sachs' global investment research in Australia and New Zealand. He joined JBWere in 2000 as a Research Analyst covering the gold sector and added coverage of midcap base metal companies later that year. In 2004, Mr. Preston assumed responsibility for covering emerging small- and mid-cap mining companies. He was named Managing Director in 2010. Prior to joining the firm, Mr. Preston was a resource Specialist, working on both the buy and sell sides of the financial services industry in Johannesburg and Brisbane. Following graduate school, he spent four years involved in the analysis and implementation of new mining projects in diverse metals. Earlier in his career, Mr. Preston worked on copper and gold mines in an operational and management capacity for six years. Mr. Preston earned a degree in mining engineering from the University of the Witwatersrand in Johannesburg in 1974 and an MBA from the University of Cape Town in 1980. He is a Registered Professional Engineer is South Africa and an accredited Member of the Securities and Derivatives Industry Association. Profile
TWST: Some people are looking for a rally in gold. Is that what we're going to see from here?

Mr. Preston: Look, I think the gold price is going to fluctuate really around sentiment in Europe,