Dig Deep Specialist Fund Management; Portfolio Manager For South River Asset Management, Amanda Van Dyke
Rob talks to Amanda Van Dyke, the portfolio manager for South River Asset Management, a specialist fund management company.
Amanda discusses her beginnings in the mining industry, the roles of diversity and public relations in improving the perception and profitability of the business, and also her suggestions for wise future investments.
KEY TAKEAWAYS
- Amanda’s route into the mining industry was somewhat indirect. From a Bachelor Of Arts degree to a job in the Canadian diamond industry, and then to a Masters in International Economics. From here, Amanda took a job as an investment analyst for a firm that did many deals with the mining industry.
- Having come from an international background in the industry, Amanda describes the many differences between operations in Canada, London and Antwerp. Investment in London and the UK is more focussed on less-speculative proposals.
- Amanda discusses her role in ‘Women In Mining UK’, which she helped to grown from 170 members, to over 1700. In Amanda’s opinion, this is evidence that the mining industry is bigger than most people think. It also includes departments such as finance, insurance, accounting, listings, most of which are operated out of London. This has provided many more roles for all kinds of people and has helped to diversify the industry as a whole.
- There is a large correlation between the more successful mining companies in terms of profitability and share price, with female participation at the board level. Diversity can definitely help mining companies to be more successful.
- Amanda does not believe that mining is a sexist industry, but does this that perhaps it has become relaxed in its attitudes toward the roles that women can play. She would like to see more forward-thinking in terms of women’s roles going forward.
- When looking at the mining industry, most people think merely of geologists and engineers. But this sector represents no more than 5% of the employees in the mining industry.
- Mining has a horrible brand and image in the world right now, despite the fact that more commodities are being demanded today than ever before in history. Mining is a primary industry, but unfortunately, it has been badly represented, and this needs to change.
- Events such as the Mines And Money London event are always evolving. They’re about taking the pulse of the industry at the time and delivering information about things such as new advances that’ll interest mining companies and investors.
- Amanda sees gold, silver, cobalt as commodities that may prove fruitful int he next year, mainly due to their use in technology. Manganese and nickel could also be worth investing in, as they are both components in batteries.
- When it comes to investments, Amanda takes a balanced approach. You need to have a bit of everything. Opportunities need to be economically attractive. They need to be scalable, and to have the potential to earn well in order to be viable and realistic. Is it financeable? Is the outlook realistic? Is it marketable?
- It takes time to develop a project. The issue with the mining industry is that sometimes opportunities are spotted, and saturated far too quickly. This is why Amanda prefers to invest in teams with proven success
BEST MOMENTS
‘It’s big business here, versus junior business’
‘They wear better suits!’
‘Providing a forum and network for women in mining is vital’
‘Diversity can seriously help mining companies’
‘I don’t think mining is a sexist industry’
‘Mining as an industry or career is just not as well known to women’
‘Promoting mining as an exciting place to work, and as an important industry is very important’
‘One of the most important factors in the mining industry is logistics’
‘Regardless of your specialist field, the mining industry is a very exciting place to work’
‘People are so divorced from where the stuff they use every day comes from’
‘When it comes to investment, there’s no one important thing’
‘I don’t buy projects. I buy shares in a company’
‘Don’t just buy the asset. The asset doesn’t make money. Shares do’
‘Skin in the game is really important. But it’s not everything’
‘Mining is not going anywhere. But it needs to do a better job with its PR’
VALUABLE RESOURCES
Dig Deep – The Mining Podcast on iTunes
ABOUT THE GUEST
Amanda Van Dyke is a commercially astute senior investment and business development professional focusing on the mining and resources industry and was formerly the Chairman of “Women in Mining UK” and a member of the advisory board of Mines and Money London. She is currently the portfolio manager South River Asset Management, a specialist fund management company.
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 to peoples 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 specialising in all areas of mining across the globe from the 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' organisation 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
https://www.linkedin.com/in/rob-tyson-3a26a68/
https://twitter.com/MiningConsult
https://www.facebook.com/MiningInternational.org
https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3