Value Hive Podcast Jason Jessup (Pt. 2): Thinking Bigger Than FNX Mining
Jan 30, 2026
Jason Jessup, CEO of Magna Mining, is an operator-focused Sudbury mining executive steering exploration, production restarts and acquisitions. He lays out a bold plan to scale beyond FNX-era goals into a multi-billion dollar company. Topics include prioritizing McCready West, the R2 high-grade discovery, sequencing nickel versus copper, hiring A-players, financing strategy, and a clear 18-month roadmap for multiple producing mines.
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Three Pillars Guide Growth
- Magna's North Star is threefold: production, exploration, and acquisitions focused on Sudbury.
- Jason uses that framework to prioritize projects and maintain strategic consistency while scaling.
Hire For Fit And Repeat Core Values
- Define and repeat core values to build a consistent culture during rapid hiring.
- Hire slowly for fit and insist on ownership, safety, excellence, and integrity to scale well.
Integration Is As Important As Hiring
- Magna grew from 25 to over 200 employees after acquisitions and must integrate inherited teams.
- Jason emphasizes communication, leading by example, and not filling roles unless the right person appears.