Why Small-scale Gold Mining in Brazil Makes Financial Sense with Mike Hodgson, CEO of Serabi Gold
Dig Deep
Is Karinga a Long Lifed Asset?
"We suffer a little bit with liquidity because of our shareholder structure, which is a bit unfortunate. But we're about to go intoa quite well, an amazing step change in our time," he says. "Ande and i never wanted a sot of under play the expration's success."
In this episode, we chat with Mike Hodgson, CEO of Serabi Gold. An exploration and production company involved in the evaluation and development of gold deposits in Brazil.
Mike is a geologist by background and has worked across Europe and South America. Working for the likes of ACA Howe International Ltd, Rio Tinto and Zambia Consolidated Copper Mines Ltd. His expertise is in narrow vein underground mining operations. He is here today to talk about Serabi gold, their recent acquisition and plans for development and exploration for Coringa, mining in Brazil and how to overcome negativity over the recent tailings issues in Brazil.
KEY TAKEAWAYS
- Small underground mining is challenging. It is all about quality, not quantity. Done right it is highly viable.
- Bringing Coringa on stream is creating the critical mass that Serabi Gold needs.
- Serabi Gold is investing in exploration around Polita.
- Coringa is planning to start its first blast in July 2021.
- The results are good, so there is potential for 80,000, maybe more, ounces.
- Brazil consists of 26 states, each of which operates differently.
- The government is actively looking for companies to operate there. So, at the state level things move fast and setting up there is not that difficult.
- Currently, even tiny, dry tailing dams are having to meet the same standards as the huge and potentially dangerous dams that are always wet.
- Serabi Gold has $70 million in the bank, is robust, making money and the gold price is up too, which boosts profitability.
BEST MOMENTS
‘Small is good, small is beautiful. It certainly works for us. ´
‘You basically squeeze the water out of the tailings and actually have sand. Then you just stack it’
EPISODE RESOURCES
Website - https://www.serabigold.com/
Email: contact@serabigold.com
Twitter: https://twitter.com/serabi_gold
VALUABLE RESOURCES
mailto:rob@mining-international.org
https://www.linkedin.com/in/rob-tyson-3a26a68/
http://www.mining-international.org
https://twitter.com/MiningConsult
https://www.facebook.com/MiningInternational.org
https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3
ABOUT THE HOST
Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first world to third world countries from Africa, Europe, Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.
CONTACT METHOD
rob@mining-international.org
https://www.linkedin.com/in/rob-tyson-3a26a68/
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
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