Resource Insider Podcast

RJ Lyons is the President & CEO of Mjolner Shipping, focusing their operations on crude oil and refined products. RJ started working in the shipping industry after graduating from the US Merchant Marine Academy where he gained his ship officer’s license. From here, RJ’s career moved forward exposing him to nearly every aspect of the physical trading and transportation market of crude oil.

Doug Silver is a portfolio manager at Orion Resource Partners, an alternative investment management firm with $6 billion in assets under managements. Before Doug’s role at Orion, he built and sold two royalty companies. One of them, International Royalty Corporation (IRC), he sold to Royal Gold for $745 million. Doug is now a member of the mining hall of fame for the many successes that he has had throughout his career. In this conversation we discuss: • Doug’s interesting path from zoology to geology and his family’s crater. • Bridging the gap from a technical background to finance. • What was behind Doug’s infamous geological database. • How IRC started, and what the royalty space looks like today. • What prompted the sale of IRC? • What role does Private Equity play in mine finance today and the challenges ahead. It is not every day that you get to sit down with someone like Doug. I hope you enjoy our conversation as much as I did.

We talk with the mercenary geologist, Mickey Fulp, and discover many lessons to be learned from his past, insights he's gained from his extensive experience in the mining industry, and valuable investment advice retail investors at home will find infinitely useful.

There is a prevailing ethos in the mining sector of “bet the jockey”. The idea being that if investors put their money behind great people success will take care of itself. But, how do we identify great people? Answering this question is more challenging than most investors acknowledge. In an industry where success is highly correlated to luck and timing, it’s easy to conflate serendipity with skill. A single past success seldom correlates to a future win, and It’s also nearly impossible to identify the hungry up-and-comers, those yet to establish a track record, who often deliver the greatest gains for investors. So how does an investor pick a jockey? Enter: Will Coetzer the founder and Managing Director of Stratum International a boutique mining recruitment and consulting firm headquartered in London, UK. Originally hailing from South Africa, Will commenced his mining recruitment career in London more than 15 years ago and after identifying a lack of strategic recruitment practices being applied to the mining sector, set out to fill the gap and founded Stratum International in 2012. Will and his team have sat across from some of greatest mining leaders of our generation and helped many of them find the people required to help create significant shareholder value, including several M&A and liquidity events. I had a great time chatting with Will and it was eye opening to see the scientific approach Stratum applies to identifying the truly great people in this sector.

In today's episode of Resource Insider Podcast, I am joined by Ivan Bebek, the Executive Chairman of Auryn Resources and the Co-Chairman of Torq Resources. Ivan previously built and sold two companies: Cayden Resources and Keegan Resources. Ivan and I discuss the experience that turned Ivan from stockbroker to company builder, his focus on gold and copper, why success gets harder as you get older, and much more. Make sure you don't miss future Resource Insider Podcast episodes by signing up here: capitalistexploits.at/signup/

Today's guest on Resource Insider Podcast needs no introduction. Ross Beaty is one of the few true magnates of the mining world. He's a geologist, entrepreneur, and investor who has built and sold over a dozen public companies and created many billions of dollars for shareholders (and himself). Ross and I discuss his early set backs, and how he pulled a rabbit out of a hat and turned his first company into a major success, what it takes to succeed as a company builder and an investor in a bear market, lessons Ross learned building a renewable energy company, and much more. There are few opportunities to speak to someone like Ross in the mining space. Because frankly, there are very few people like him to speak to. So I encourage you to listen to this interview with Ross Beaty ASAP. Make sure you don't miss future Resource Insider Podcast episodes by signing up here: capitalistexploits.at/signup/

In today's episode of Resource Insider Podcast, I am joined by Dan Wilton. Dan is the CEO of First Mining Gold, a $150 million market cap gold developer. Before taking on the role as CEO of First Mining Gold, he spent more than 25 years in M&A, corporate finance, and investing in the mining sector. Dan and discuss how he ended up in his current position as a CEO, similarities between mining and tech investing, how living in Russia during the 1997 crisis shaped Dan’s views on Modern Monetary Theory and hard assets, and much more. Make sure you don't miss future Resource Insider Podcast episodes by signing up here: capitalistexploits.at/signup/

In today's episode of Resource Insider Podcast, I sit down with Ali Pejman, a mining focused investment banker and Partner at Fort Capital. Over the years he has been involved in hundreds of mining deals, working with everyone — from junior exploration companies to major producers, including advising Goldcorp in its recent acquisition by Newmont. In this fun and very entertaining conversation Ali and I discuss how the prospect of being type cast as an actor led Ali to becoming a chartered accountant... what mining bankers actually do and what it takes to be good at it... the importance of playing the long game and not succumbing to FOMO (fear of missing out... and much more. Make sure you don't miss future Resource Insider Podcast episodes by signing up here: capitalistexploits.at/signup/

In today's episode of Resource Insider Podcast, I speak to Ron Netolitzky. Ron is one of the most successful geologists, prospectors and mining entrepreneurs in Canadian history. He has been involved of dozens of mineral discoveries around the globe, and, in 2015, he was inducted into the Canadian Mining Hall of Fame. We talk about why Ron is back in Saskatchewan after decades of work around the world, the limitations of modern exploration technology, key skills that up-and-coming geologists need to know to make discoveries, and much more. Make sure you don't miss future Resource Insider Podcast episodes by signing up here: capitalistexploits.at/signup/

In this episode of Resource Insider Podcast, I speak to Mark O’Dea, the Chairman and Founder of Oxygen Capital, an integrated merchant bank and mining house in Vancouver, Canada. Mark is perhaps best known for selling Fronteer Gold to Newmont in 2011 for $2.3 billion Mark and I discuss his transition from scientist to CEO, the unusual opportunity that catapulted Mark into the public markets, the role obsession and dogged determination play in success, and much more. Make sure you don't miss future Resource Insider Podcast episodes by signing up here: capitalistexploits.at/signup/