Dig Deep Building Scotland's First Gold Mine With Phil Day
In this episode, we chat to Phil Day, CEO of Scotgold, a junior mining company that is Scotland’s first gold producer. They are growing their company with further exploration activities in and around the Scottish Highlands.
Phil is a highly experienced senior mining executive with a career spanning over 25 years. He has a background in metallurgy and chemistry and has many senior appointments in his career in Africa and the US before taking the helm at Scotgold and talks to us about Scotland’s first gold mine and what it means to the area and the Scottish people.
KEY TAKEAWAYS
- The geology of the Cononish Mine, in Scotland, is the best Phil has seen throughout his career.
- Lead was first mined in Cononish in the 1700s.
- The quartz vein was found in the 1980s, then gold.
- Gold production started in 2020.
- Gold is being found in places they were not expecting, in the mine.
- They are operating in a National Park. Phil explains how they are handling this. In particular what they are doing with the tailings.
- They are predicting an EBIT Da of about 21 to 24 million.
- The plan is to take the company into the million-tonne area, by running an exploration programme.
- They produce a concentrate, as well as gravity gold. So, they will be able to make Scottish gold coins, bars and jewellery.
BEST MOMENTS
‘I was incredibly impressed with the geology, it’s the highest-grade gold mine I have ever seen in my working career. ´
‘The enthusiasm here is contagious.’
‘We are on the cusp of having a gold rush in Scotland.’
EPISODE RESOURCES
Website: https://www.scotgoldresources.com/
LinkedIn: https://www.linkedin.com/company/scotgold-resources/
Twitter: https://twitter.com/scotgoldresltd
Email: sgz@scotgoldresources.com
VALUABLE RESOURCES
Email: rob@mining-international.org
Website: https://www.mining-international.org/
LinkedIn: https://www.linkedin.com/in/rob-tyson/
Twitter: https://twitter.com/MiningRobTyson
Facebook: https://www.facebook.com/DigDeepTheMiningPodcast/
Instagram: https://www.instagram.com/theminingpodcast/
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast/videos
ABOUT THE HOST
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 insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
Rob is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specializing in all areas of mining across the globe from the first world to third world countries from Africa, Europe, the 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 client's organizations 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.
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 about 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.