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Money of Mine

Welcome to Matty’s (Underground) World

Feb 12, 2025
01:21:20

We flipped the switch today and dived into the world underground mining with Matty.


We break down the step by step process of mining underground, challenges different mines can face, things to keep an eye out for during ramp up, what’s underappreciated by the investing community about mining and heaps more.


Lastly, we rounded off with a rapid fire on some mining news from Evolution, St Barbara and some small cap gold bolters from the day.


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Discounted tickets available for AUSIMM Underground Operators conference exclusively via Money of Mine. Get $100 off using the code MOM100.

Adelaide, 7 - 9 April 2025 (Matty will be there in full conference mode)

 

Thank you to our Partners:

 

Mineral Mining Services – Your preferred mining contractor

 

enquiry@mineralms.com.au - 1300 546 117

 

Grounded - Infrastructure for remote mining and civil projects Australia wide

 

Paul Natoli - pn@groundedgroup.com.au

 

Sandvik Ground Support – The only ground support you’ll ever need

 

http://www.rocktechnology.sandvik/groundsupport

 

CRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectors

 

davidh@creinsurance.com.au - +61 2 9493 6100

 

K-Drill – Safe, reliable, and productive surface RC drilling

 

drew@k-drill.com.au - +61 416 015 876

 

Saltbush Contracting - Bulk Haulage (Mine to mill) and earthmoving specialists

 

lachlan@saltbush.net - +61 400 722 059

 

Swick - Seventeen million metres drilled. Twenty-plus global sites. Ninety rigs. 

 

rob.burnett@swickmining.com - +61 8 6253 2310

 

Quattro Project Engineering - Global Engineering partnerships delivered with efficiency, innovation and energy

 

info@quattrope.com - +61 8 9373 1140

 

Cross Boundary Energy – Independent Power Producer for the global mining industry

 

tim.taylor@crossboundary.com - +61 466 184 943  

 

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(0:00:00)Introduction


(0:02:58)Jumbo videos…what they actually do


(0:15:00)Difference between development and production


(0:21:35)Hitting targets based on orebodies


(0:31:33)Things affecting getting tonnes out


(0:37:03)How hot does it get?


(0:48:24)Is water good or bad or both?


(0:53:50)Getting first production on time


(0:56:15)Jumbo advance rate per month


(1:01:29)Different mining methods


(1:04:42)Underappreciated things in underground mining


(1:11:38)Gold Bolters and rapid fire news

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