Dig Deep

In this episode, we chat with a returning guest who appeared in Feb 2021 (Episode 117) and Nov 2021 (Episode 192). Matt Salthouse is Chief Executive Officer at Kainantu Resources, which is an Asia-Pacific-focused gold mining company with some highly prospective gold projects in the high-grade Kanantu gold district of Papua New Guinea (PNG).  Matt gives us an update on the company speaking about the new Kili Teke deal. Along with updates on the May River project and shares his thoughts on the PNG government elections.   KEY TAKEAWAYS Kainantu Resources has executed a deal with Harmony Gold to acquire the Kili Teke project. Kili Teke is an existing inferred resource of South African standards. With around 6 million tonnes equivalent of gold. The amount of capital required to close the deal was relatively small, just a $500,000 payment to initiate it. Recent exploration of KRL North and South and May River have all yielded some good results. At May River they are waiting for around 300 results from an area with very promising geology. Papua New Guinea is a relatively stable place to mine. Successive governments have been supportive of the industry. BEST MOMENTS ‘A busy 6 months in terms of acquisition, working in the field and regional work. Consistent with the broader strategy. ´ ‘For Papua New Guinea mining is such a critical part of the economy.’   EPISODE RESOURCES Website: https://www.kainanturesources.com/ LinkedIn: https://www.linkedin.com/company/kainantu-resources-limited/ Twitter: https://twitter.com/KainantuR Instagram: https://www.instagram.com/kainanturesources/ Facebook: https://www.facebook.com/KainantuResources/   Previous episodes with Matt Salthouse - https://omny.fm/shows/dig-deep-the-mining-podcast/mining-in-papua-new-guinea-with-matt-salthouse and https://omny.fm/shows/dig-deep-the-mining-podcast/mining-in-papua-new-guinea-progress-report-with-ma   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.

In this episode, we have a returning guest who appeared back in Nov 2021, Episode 189. Alistair McIntyre, CEO of Altiplano Metals is part of the Metals Group of companies focused on expanding, acquiring, and developing cash-flowing and near-term cash-flowing copper, gold, and silver assets.  Alastair has a geology and finance background and is an accomplished executive with 30 years of experience as a leader and senior advisor in metals banking, capital markets, physical and derivative metals trading, gold refining and mining. Alastair gives us an update on Altiplano Metals and what they have been doing in Chile.   KEY TAKEAWAYS Altiplano provides investors a unique opportunity for exposure to cash flow and exploration upside in copper and gold. Despite supply chain issues, Altiplano has been able to commission their processing facility at El Peñón. Flotation and magnetic separators produce both environmental and financial benefits. Tailings are reduced by 40%, water consumption by 75% and trucking by 75%. Maria Luisa is a former copper and gold producer where the company is currently driving an underground decline to access copper-gold mineralized zones. Altiplano also has a highly prospective gold exploration project in the Maricunga. They have purchased their own drill which provides excellent efficient for exploration and production activities. Altiplano continues to review additional cash flow and saleable exploration projects for acquisition. BEST MOMENTS ‘That generates the ability to produce a copper-gold concentrate and separately a magnetic concentrate of iron. ´ ‘I think that much of the inflationary pressures are localised.’ ‘We should begin operations very soon in Marie Luisa.’   EPISODE RESOURCES Website: http://www.apnmetals.com LinkedIn: https://ca.linkedin.com/company/altiplano-metals Twitter: https://twitter.com/metals_group Email: alastairm@apnmetals.com Previous DDMP episode with Alistair McIntyre: https://omny.fm/shows/dig-deep-the-mining-podcast/self-funded-mining-and-exploration-with-alastair-m   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.

In this episode, we chat with Craig Hutton, who is the CEO and President of Iron Bull Mining. A junior mining company that is on a mission to open up the next big African copper basin in Namibia. Craig is an economic geologist with over 25 years of experience. He is going to talk about a book he wrote titled, “Mining Economics Explained” which is aimed at boards, executives, managers, and technical mining professionals. It unpacks the economic optimisation of a mine so that mining teams can maintain capital investment discipline against consistent criteria.   KEY TAKEAWAYS Harmony Gold Mining embedded Craig’s approach to mine analysis into their thinking and in just 7 years became the world’s fifth largest gold mining company. Miners really need to understand economics to succeed over the long term. During the last commodity boom, it was noted costs rose as volumes increased. The opposite of what the industry expected. Craig´s algorithm determines what an ore body can sustain. How much production levels can rise before costs begin to escalate. Craig´s algorithm welds ore body signatures with economics. Many investors do not fully appreciate that mining is a long-term game. In the next 26 years, demand for copper will be higher than what humankind has consumed up until this point. Unpacking the cost curves, in advance, is key. There is a difference between viability and feasibility. A distinction that few in the mining industry fully understand. 3D models and Craig’s spreadsheet-based algorithm work well together. BEST MOMENTS ‘There’s a point at which actually costs begin to rise, you get to a point of diseconomies of scale. ´ ‘We are going into a new super cycle and the danger is that we repeat what we did in the last super cycle.’ ‘Every single orebody has a different financial signature.’   EPISODE RESOURCES LinkedIn: https://www.linkedin.com/in/craig-h-3755a612/ Email: craig@brenthurstcapital.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.

In this episode, we have a returning guest who appeared back in April 2019 (Ep 21). Peter Ledwidge is the founder & MD of Mako Gold which is exploring and developing gold assets in Cote d'Ivoire, West Africa. Peter is a geologist with over 30+ years of experience in exploration and mining focusing primarily on gold in Canada, Africa, and Australia. He gives us an update on what Mako Gold has been doing over the last few years. Plus, we talk about the exciting prospects that West Africa has to offer. We also chat about why people in West Africa understand mining whereas people in Western countries do not. KEY TAKEAWAYS Since its launch, Mako Gold has made three gold discoveries. The Napié Project and the Korhogo Project, in Cote d'Ivoire and a third one which they sold last year. The Napié Project is their focus. They recently announced their main resources of 868,000 ounces at 1.2 grams per tonne. Within a year or less production will grow to 1.5 million ounces. Currently, they are drilling the Korhogo Project. West Africa has changed dramatically since the nineties. It is now relatively easy to hire experienced people from the local population. West Africans get mining in a way that most people in Western countries don't. They appreciate that we need mining. The outlook for mining in West Africa is good. The governments there are very pro-mining. In West Africa, you can put a mine into production far quicker than you can in most other jurisdictions.   BEST MOMENTS ‘Our crew on the ground is 100% local which stands us in good stead with the administration. ´ ‘Now, gold mining is the number one GDP source.’ ‘If the share prices are down, it’s a good time to buy.’   EPISODE RESOURCES Website: https://www.makogold.com.au LinkedIn: https://au.linkedin.com/company/mako-gold Twitter: https://twitter.com/MakoGoldLtd/ Previous Peter Ledwidge DDMP podcast episode - https://www.podcastaddict.com/podcast/2273461   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.

In this episode, we have a returning guest who appeared back in Sept 2021 (Ep 172). Paul Johnson, CEO of Power Metal Resources. A London-listed junior miner that is currently exploring and developing large-scale base and precious metal deposits across Australia, Canada, the US, and Africa. Paul is a chartered accountant and an experienced public company director in the resources space. He has been in executive positions with companies like Metal Tiger, ECR Minerals and Greatland Gold. It has been a busy time for PMR, so we get an update on Paul on First Development Resources, Golden Metal Resources and Kavango Resources which are under the Power Metals brand.   KEY TAKEAWAYS Power Metals Resources is in an excellent position for the next uplift and are building resilience into the company to be able to thrive regardless of market conditions. They have recently raised $1.25 million. They are targeting gold, copper, uranium, lithium, and several other rare metals. For uranium, they have secured a large package of properties, in Canada. ready for the uranium run that has been predicted. All of the licences for their Western Australia ventures have now been granted. Golden Metal Resources, Nevada is Tungsten focused but has copper, zinc, and silver. Tungsten is a critical metal.   BEST MOMENTS ‘We´ve built solidly the last three years, so are pretty well set now for the next uplift (in the metals markets). ´ ‘There are very few vehicles listed in London that have a focus on uranium.’ ‘We are really in the right place at the right time.’   EPISODE RESOURCES Website: https://www.powermetalresources.com/ LinkedIn: https://www.linkedin.com/company/power-metal-resources-plc Twitter: https://twitter.com/PowerMetRes YouTube: https://www.youtube.com/channel/UCeUqF1k8rAMjG20B9hbwv-w/featured Phone: 0776 6465617 – send text Email: info@powermetalscorp.com Previous Paul Johnson DDMP podcast: https://podcasts.apple.com/ng/podcast/diversification-and-perseverance-leads-to-long/id1440020656?i=1000535977116   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.

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.

In this episode, we chat with Jaco Van Dalen, an experienced underground mine planner and surveyor who is currently working with Harmony Gold, in South Africa. As an avid listener of this podcast, he reached out to us as he wanted to talk about how advances in technology like virtual reality can help capture data from incidents that have occurred in mining. Data can be used to help to reduce the number of incidents or tragic events that occur, in the future. We must take responsibility for improving our understanding of unwanted events so that we can effectively mitigate the re-occurrence. Jaco hopes to continue his research after completing his Masters by utilising data from incidents. Using machine learning applications to predict incidents, which are likely to occur in the future.   KEY TAKEAWAYS Jaco started his mining career as a labourer and is part of a mine rescue team. For mining incident investigators gathering the data to conduct a proper investigation is extremely challenging. Good quality safety investigations automatically lead to safer mines. Investigations can be safely conducted in a day using new technology. Instead of the standard 3 to 5 days. Faster investigations can translate into millions of dollars saved, per incident. VR enables specialists from across the world to take part in investigations, anywhere. Potentially, you will be able to scan an existing workspace and machine learning will be able to recognise similarities and highlight potential risks. Digital twins are an excellent tool for mine planning as well as incident investigation.   BEST MOMENTS ‘I realised that there are better and smarter ways that we can conduct these investigations to get a better insight into what we see at the scene of an incident. ´ ‘There is a negative correlation between the quality of investigations and the safety performances of an operation.’ ‘After 3D scanners, virtual reality scanners are definitely coming… and we will gain extra information from that.’   EPISODE RESOURCES LinkedIn https://www.linkedin.com/in/jaco-van-dalen-7490288b Email: jacovandalen@gmail.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.

In this episode, we chat with Alastair Clayton, Executive Director at Artemis Resources, a gold and copper-focused resources company. They have major assets in the Pilbara area, at Paterson Central and Carlow Castle. Alastair has a considerable amount of experience with raising capital for ASX and AIM-listed companies as well as extensive experience in evaluating and financing large-scale mining projects. He tells the story behind Artemis Resources and what they are looking to achieve in developing their gold assets in the Pilbara area of Western Australia.   KEY TAKEAWAYS When Alastair and his colleagues picked up Artemis it was quite undervalued. Artemis had too many projects running, so they stripped the portfolio back from 10 to 2 projects. Rationalising the portfolio saved money and generated a lot of cash. They are focusing on the Carlow Castle copper/gold project and their Paterson Central project. Artemis still has an eye on developing new projects, at a later date. In the past, Pilbara was only about iron ore and liquified gas. Now, high-grade gold has been discovered there. They largely have heritage approval across their projects. For copper the supply side is shocking. So, demand for Artemis copper is sure to be high. All the access infrastructure is already in place. BEST MOMENTS ‘Who would have thought it a gold-copper province in the Pilbara. ´ ‘When would you ever get a chance to drill next to a virgin 20-million-ounce gold discovery in Western Australia? Now, you can.’ ‘We own 100% of our project. We are the only Junior in the area to retain 100% of their land.’   EPISODE RESOURCES Website: https://artemisresources.com.au/ Twitter: https://twitter.com/ArtemisResources   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.

In this episode we have a returning guest who appeared back in Dec 2021 (episode 193), Mike Ferguson who is the President and CEO of Gensource Potash who are a Canada-based fertiliser development company, which is focused on developing resource opportunities with a specific focus on potash development. Mike is a professional engineer with over 25 years experience in potash and uranium. He is leading the development of this green-field property. Mike gives us an update on their Tugaske Project and on the potash industry as a whole. He also covers the issue of the 40% reduction in supply which is a consequence of the Russian/Ukraine war.   KEY TAKEAWAYS GenSource is growing to 3 million tonnes per year of potash production. Doing so in a modular and scalable way. Their approach can bring a new site into production in 2 years as opposed to the typical 8 to 10 years. Their production method consumes 75% less water per ton compared to conventional solution mining. They leave no salt tailings. This is good for ESG and makes licensing far easier. There is a genuine shortage of potash. 40% of the world’s supply is under a cloud right now. Higher construction costs are making scaling more difficult.   BEST MOMENTS ‘The methods we are using have been proven in different parts of the world. ´ ‘There is a genuine structural supply-side problem, in the (potash) industry.’ ‘We started this with the idea of using a form of solution mining that allows us to avoid salt tailings altogether.’   EPISODE RESOURCES LinkedIn: https://www.linkedin.com/company/gensource-potash/ Twitter: https://twitter.com/GensourcePotash?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor Facebook: https://www.facebook.com/GensourcePotash/ Previous Mike Ferguson episode / https://omny.fm/shows/dig-deep-the-mining-podcast/easy-to-finance-and-scale-eco-friendly-potash-prod   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.

In this episode, we chat with Tim Foden who is a partner at Boies Schiller Flexner, the global disputes law firm who are internationally recognized and known for its creative, aggressive, and efficient pursuit of success for its clients. Tim is a dual-qualified English-US lawyer and specialises in international arbitration in the mining sector. He has acted for both the world’s largest mining companies and a host of junior mining companies. Tim talks about disputes that happen within the industry and provides some valuable advice about how to act when faced with them. Sometimes you need a lawyer when you’re in trouble, but you have to engage with them before you are fully in need of their services. Doing so enables you to strategize how best to navigate disputes to get the best outcome over the long term.   KEY TAKEAWAYS Miners get a bad rap, so often end up being treated badly, especially junior miners. There are two main types of disputes that Tim handles – commercial and claims against sovereign states. Disputes with sovereign states include a failure to protect the mining site from unrest. If you are investing in a country, first check that your country has a treaty in place with that country. Using holding companies is an effective way to better utilise treaties. Ask the hard questions. Think about what could go wrong, what your rights would be and how to strengthen them. Be very careful about what you say in public and to governments. As soon as things start to go wrong consult a lawyer. They will help you to put together a strategic response to secure the best possible outcome. Resource nationalism is a powerful force that underpins many disputes. Treaties make it hard for states to cease assets off of companies because they are foreigners.   BEST MOMENTS ‘Being a lawyer is being a perpetual student, you are always having to learn new industries. ´ ‘It is not just risky jurisdictions that you need to be wary of.’ ‘They should watch what they say to the government and recognise that there´s going to be diminishing returns when interacting with the government.’   EPISODE RESOURCES Website: https://www.bsfllp.com/ LinkedIn: https://www.linkedin.com/company/boies-schiller-&-flexner-llp   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.