Today’s episode is a conversation that completely drew us in— with Canadian resource fund manager Darren McLean.
Darren is a thoughtful and passionate investor, focused onfinding unloved and overlooked stocks. He follows companies from drilling right through to construction and execution, with a particular interest insingle-asset plays.
In this wide-ranging chat, we cover some great stories —from investing in Champion Iron, GT Gold and Filo — to why mining offers such aunique opportunity set, and Darren’s own ambition to one day build a mine.
Enjoy the chat!
This interview was recorded on 22.7.25.
……………
TIMESTAMPS
(00:00) Introduction to Darren McLean and Muddy Waters
(01:43) Darren's Journey into Mining Investments
(03:38) Understanding the Mining Sector
(06:26) Investment Strategies and Success Stories
(10:00) Challenges and Opportunities in Mining Investments
(13:32) The Role of Follower Capital
(19:56) Case Studies: Champion Iron and GT Gold
(30:52) The Filo Mining Success Story
(48:09) Investment Philosophy and Final Thoughts
(49:10) The Reality of Investing in High-Risk Sectors
(50:03) Market Perception vs. Personal Insight
(53:01) Challenges and Strategies in Short Selling
(54:05) Case Study: Short Selling
(01:01:36) The Ambition to Run a Mining Company
(01:04:45) The Importance of Simple and Elegant Projects
(01:19:59) The Value of Building a Strong Technical Team
(01:26:39) The Unique Opportunities in Gold Investing
(01:34:06) Conclusion and Final Thoughts
……………
Join 12k+ subscribers to the Director’s Special:one daily email with all the news that matters in mining
……………
PARTNERS
Thank you to the mining services businesses that make thiscontent possible:
· Grounded - Infrastructure for remote mining and civil projects Australia wide | Paul Natoli: pn@groundedgroup.com.au
· Sandvik Ground Support – The only ground supportyou’ll ever need · CrossBoundary Energy – Independent power producer for the global mining industry | tim.taylor@crossboundary.com +61 466 184 943
……………
FOLLOW & CONNECT
• YouTube: @MoneyofMine
• Twitter / X: @moneyofminepod
• LinkedIn | Instagram | Facebook
• Travis Ricciardo: @TRAVmoneyofmine
• Jonas Dorling: @JDmoneyofmine
• Email us Word on the Decline: gc@moneyofmine.com
……………
JOIN THE GROUP CHAT
• Step 1: Join the Money Miners Facebook Group
• Step 2: Request access to the HOOTEROO chat
……………
DISCLAIMER
All information in this podcast is for education andentertainment purposes only and is of general nature only.
Please ensure you read our full disclaimer.
