Dig Deep

In this episode we chat to Adam Davidson, CEO of Trident Resources, a diversified mining royalty and streaming company, providing investors with exposure to a mix of base and precious metals, bulk materials (excluding thermal coal) and battery metals.  Adam came through the US Marine Corps into the financial sector and worked for a number of equity funds before joining Trident. We talk about royalties and streaming within the mining finance world, and why investors would prefer exposure to this type of arrangement compared to equity. KEY TAKEAWAYS Royalties are an upfront cash consideration to mining companies in exchange for a percentage of their revenue from an agreed asset. Royalty can be a non-dilutive source of financing for those struggling to raise equity. Also, it only begins paying out when the project begins performing. There is much opportunity to be had in consolidating royalties in the non-precious space, as they presently don’t have a natural home. Because royalties are essentially built from cash-flowing assets, you can easily approach debt providers and obtain leverage against that portfolio. BEST MOMENTS ‘Royalties tend to have their day as they ebb and flow’ ‘You get an extra kicker in terms of returns’ ’This is a good time to deploy capital’ ‘It’s going to be a buyer’s market for the foreseeable future'   VALUABLE RESOURCES Adam Davidson LinkedIn - https://www.linkedin.com/in/afdavidson/ Trident Resources - https://www.tridentresources.co.uk 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 an 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 first world to third world countries from Africa, Europe, Middle East, Asia and Australia. We source, headhunt and discover new and top talent 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 rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ www.mining-international.org https://twitter.com/MiningConsult https://www.facebook.com/MiningInternational.org https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3

In this episode we chat to Michael Konnert, Founder, President/CEO of Vizsla Resources Corp who are a publicly-listed mineral exploration company engaged in the discovery, development and acquisition of precious and base metal assets in safe jurisdictions. We chat about how Vizsla Resources started and developed, and how their Panuco Silver-Gold project in Mexico is developing. We discuss also why is now a good time to buy precious metals stocks. KEY TAKEAWAYS Mining and exploration are very hands-on processes, and it’s important to be a part of every aspect. But it’s equally important to have a team you can trust to do the job well, and to let those around you do the jobs that they’re best at. The average grade in Mexico is between 300-400 grams per ton. Vizsla is fortunate in that their explorations so far have netted them grades between 400 and 4000 grams per ton. COVID-19 has meant a halt to operations in Mexico, so as to comply with governmental regulations. This has meant a huge challenge in terms of time, as the contract there is only for two years. Part of Vizsla’s success has come from exploring regions that other companies have been wary of due to security concerns. But with the right attitude and outlook, these security concerns can be overcome. Quantitative easing around the world means that now is an incredible time to be taking advantage of governmental investment in mining BEST MOMENTS ‘In a business like this, it’s all about the team’ ‘We’re very excited about the opportunity that we have here’ ’This is a once in a lifetime opportunity’ ‘All these things are pointing to an all-time high in the price of gold' VALUABLE RESOURCES Michael Konnert LinkedIn - https://www.linkedin.com/in/michaelkonnert/?originalSubdomain=ca Michael Konnert Twitter - https://twitter.com/konnertm?lang=en Vizsla - https://www.vizslaresources.com 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 an 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 first world to third world countries from Africa, Europe, Middle East, Asia and Australia. We source, headhunt and discover new and top talent 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 rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ www.mining-international.org https://twitter.com/MiningConsult https://www.facebook.com/MiningInternational.org https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3

In this episode we chat to Jacqui Murray, the Deputy Challenge Director of Faraday Battery Challenge at Innovate UK, which will make the UK the go-to place for world-leading in vehicle battery technology by 2027. Innovate are funding research, innovation and scale-up facilities in the UK for the electrification of future vehicles and other applications that support an electrified economy, with the aim of lowering carbon and improve air pollution while creating new opportunities and industries. Jacqui is a specialist in automotive steels, regulation and transformational, and in this episode we talk about the predictions for the growth of Electric Vehicles and UK manufacturing, and what the UK Government is doing, particularly for the Faraday Battery Challenge. We also talk about the supply of critical raw materials for the battery industry and the potential insufficient mineral reserves for the battery industry. We cover what the government is doing about the recycling of electric vehicles and the recovery of critical raw materials, and what the possible impact of Covid-19 will be on raw material supplies for electric vehicles. KEY TAKEAWAYS Universities and other professionals have come together to not just provide solutions, but to identify tomorrow’s problems. By pooling resources and knowledge, Innovate are leading the charge. The general assumption was that electric vehicle adoption would be a gradual process. The environmental movement has hurried this adoption along at remarkable pace, which has led to further regulation, and a deficit in raw materials. Battery technology is due to change rapidly, with many new iterations of highly efficient materials being adopted in new and innovative ways. This will inevitably lead to a supply and demand issue. The technology of electric vehicles is exciting and explosive in terms of appeal, but it important that we remember the reasons behind its purpose. BEST MOMENTS ‘Faraday is actually a mission’ ‘Don’t forget that we’re trying to catch up with a hundred years of the combustion engine’ ‘It’s not cars, but all forms of transport that are headed towards electrification’ ‘All of this takes huge, joined-up thinking. What I love is the overwhelming challenge' VALUABLE RESOURCES Innovate UK - https://innovateuk.blog.gov.uk Jacqui Murray LinkedIn - https://www.linkedin.com/in/jacqui-murray-0078364b/?originalSubdomain=uk 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 an 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 first world to third world countries from Africa, Europe, Middle East, Asia and Australia. We source, headhunt and discover new and top talent 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 rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ www.mining-international.org https://twitter.com/MiningConsult https://www.facebook.com/MiningInternational.org https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3

In this episode, we chat to Gerard Barron, CEO & Chairman of DeepGreen, a company aiming to source the metals the world needs for a sustainable future with less environmental and social impact. Gerard is an entrepreneur with a track record of building global companies in battery technology, media, and future resource development, both as a chief executive and strategic investor. Gerard became involved in the early development and financing of DeepGreen during its formation in 2011, and in the last few years has stepped into the role of Chairman and CEO. Gerard is on a mission to explore the unknown in order to help find a more sustainable future for our planet.  We talk about what DeepGreen is looking to achieve through mining the ocean, and how this compares to mining on land. We also discuss exactly how scalable mining in the ocean can become, and what social and environmental impact this has, if any. This fascinating, intriguing episode shows how ocean mining can play a major role in conventional mining, working alongside the traditional land mining we are all use to. Let me know your thoughts on this, and any other topics presented in the shows, by visiting our website: https://www.digdeeptheminingpodcast.com/contact  KEY TAKEAWAYS Deep Green focuses on exploring and extracting the metals found in polymetallic nodules. Their exploration is sponsored by developing nations, and covers several large-scales areas of the high seas. The areas in which Deep Green operate contain enough deposits to create 300 million electric vehicle batteries. The challenge is in the collecting and refining of these deposits. Everything we do to our planet has an impact in some way. People believe that driving electric vehicles is beneficial, but the materials involved in making them must come from somewhere. In a post-pandemic world, we should expect to see new approaches to environmental concerns, as well as supply challenges. We have seen the clear benefits of a reduction in industry. Governments are actively encouraging development and industry, and battery materials are key to this growth. BEST MOMENTS ’The challenge in the 1970’s was that no-one had worked out who owned the ocean…' ‘Collecting these nodules from beneath sea level is a better thing to be doing than ripping up rainforests’ ’Show me where we, as mankind, can do anything without having an impact’ ‘Mining brings economic prosperity' VALUABLE RESOURCES Gerard Barron LinkedIn - https://www.linkedin.com/in/gerardbarron Deep Green - https://deep.green 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 an 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 first world to third world countries from Africa, Europe, Middle East, Asia and Australia. We source, headhunt and discover new and top talent 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 rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ www.mining-international.org https://twitter.com/MiningConsult https://www.facebook.com/MiningInternational.org https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3  

In this episode we chat to Rick Rule – President & CEO of Sprott US Holdings. Rick is a highly experienced investor and speculator in natural resources. It’s a return engagement for Rick, who appeared in last year’s Episode 32, and revisiting our conversation with him has demonstrated how much the mining world has changed in 9 months. We talk about how the coronavirus has affected mining, resources companies and stocks over recent months, and how mining companies are reacting to the pandemic. We also cover the surge in gold and silver investment with governments around the world continuing to print enormous amounts of currency into existence. We ask Rick how he sees both metals playing out over the short/medium and long term. We also discuss what the mining industry landscape will look like after the threat of Covid-19 dissipates, and the strategies that mining companies will be looking to employ through the decade. KEY TAKEAWAYS The coronavirus has affected mining in two ways. Operations have closed, but others have thrived. It has come at the end of a decade-long period of expansion, the close of which had to happen eventually. The lockdown does provide opportunities. There is ready cash available for investment, and a sudden wealth of projects to choose from. Certain materials, such as gold, are in high demand as quantitative easing spreads. Growth is returning, as it always has, but it will take bravery upon the part of investors, who must keep their nerve during intensely volatile times ahead. Precious metals are now an almost guaranteed safe investment sector, as the production and refinement of them will be the core foundation of much of the world’s economies. BEST MOMENTS ’Ten years of expansion is very long’ ‘Anyone who plays this game must have psychological stamina’ ’The recovery, we suspect, will be dramatic’ ‘Precious metals really are gonna be tough to screw up in the near future' VALUABLE RESOURCES Rick Rule LinkedIn - https://www.linkedin.com/in/rick-rule-1058921a/ Rick Rule Twitter - https://twitter.com/realrickrule Rick has offered a free complimentary portfolio review to our listeners, and will also give two historical charts that will prove invaluable for any investor. You can take advantage of this offer by visitng:  sprottusa.com/rankings 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 an 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 first world to third world countries from Africa, Europe, Middle East, Asia and Australia. We source, headhunt and discover new and top talent 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 rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ www.mining-international.org https://twitter.com/MiningConsult https://www.facebook.com/MiningInternational.org https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3

In this episode, we chat to Tanya Matveeva, an experienced exploration geologist in many commodities around the world, working in countries such as Russia, Canada, Kazakhstan, Rwanda, Guinea, Sierra Leone, Cameroon and Australia. Tanya is passionate about understanding the inner workings of the mining industry, and interested in disruptive ways of changing mining for the better. Rachael’s primary passion is Blockchain and we discuss its many intricacies, how can it improve the mining industry, and the benefits can be to mining companies. We talk about how the properties of blockchain technology make it applicable to mining, and what processes in mining can be improved through using blockchain technology. KEY TAKEAWAYS Data management plays a huge role in exploration geology. Effective data storage allows for better analysis into things such as correlation and forecasting. Blockchain properties differ wildly from traditional databases. They are built around distributed ledgers, shared throughout the entire network. In a public blockchain, all the players have total access to all the information in the ledger. In a private blockchain, the rules about who gets what information are established at the outset by the players involved. Blockchain technology will eventually change the way the world works. At present, its potential is largely unrecognised, but Tanya likens this adoption to the birth of the internet itself. We need to recognise the future unlimited potential. The oil and gas have been quicker on the uptake when it comes to blockchain. This is because oil and gas is a more tightly-integrated industry, and so any generational changes are adopted at a much speedier rate. BEST MOMENTS ’The power of a good database is very exciting to me’ ‘Wherever we have multiple players, blockchain has a place’ ‘Eventually the technology will penetrate everywhere’ ’There is an incredible exchange of information and experience' VALUABLE RESOURCES Kamni Consulting - https://www.kamni.co/ Tanya Matveeva LinkedIn - https://www.linkedin.com/in/tanya-matveeva-763ba537/ Kamni Consulting - https://www.linkedin.com/company/kamni-consulting/ Tanya Matveeva Twitter - www.twitter.com/kamni_chain 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 an 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 first world to third world countries from Africa, Europe, Middle East, Asia and Australia. We source, headhunt and discover new and top talent 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 rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ www.mining-international.org https://twitter.com/MiningConsult https://www.facebook.com/MiningInternational.org https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3

In today episode we chat to Marcus Brewster, an experienced and respected GM who has worked across the world in many countries in South America and Africa, and for the likes of Nordgold, Goldfields and Endeavour Mining. A mining Professional with 23 years’ of open pit and underground experience, Marcus has demonstrated expertise in successfully turning around mine projects, and managing challenging mining operations. Therefore, his opinion on all things successful around mining operations are invaluable. We chat about are the main attributes needed to be a successful general manager, what makes a successful mining operation, and the main attributes needed for any mine to be successful. Marcus continues to explain the major challenges and biggest impacts facing mining operations moving forward, how important the relationship is between senior management in the corporate office, and the key ingredients to a successful relationship. Hope you enjoy! KEY TAKEAWAYS Generational knowledge is the future of mining. We as professionals need to engage with the new wave of graduates who will one day take that knowledge and apply it to the world in new and unique ways. Technical knowledge and an astute mind are the keys to becoming a great general manager. By broadening our knowledge base, we increase our value. Productivity improvement opportunities, hands-on time with the work, and constant communication are the core skills needed to engender trust and create life in any project. Solid strategies and mine-plans are the foundations upon which all projects should be built. But further than that, these strategies need to align with corporate values. Effective succession planning is paying huge dividends now, especially with the Coronavirus situation. Mining projects are among the most stable investments in the world. BEST MOMENTS ‘Leading by example is critical’ ‘You need to get out there. It’s all about visible leadership’ ’The most successful relationships I’ve seen are between teams that respect each other’ ’The word “general” is no exaggeration!' VALUABLE RESOURCES   Marcus Brewster LinkedIn - https://www.linkedin.com/in/marcus-brewster-62193613/?originalSubdomain=uk 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 an 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 first world to third world countries from Africa, Europe, Middle East, Asia and Australia. We source, headhunt and discover new and top talent 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 rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ www.mining-international.org https://twitter.com/MiningConsult https://www.facebook.com/MiningInternational.org https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3

In this episode Rob interviews Lucy Crane, senior geologist at Cornish Lithium in the UK, who are currently developing a lithium mine in Cornwall.  Lucy has recently given a TEDx talk on "Mining Our Way to a Low Carbon Future”. Along with discussing this fascinating topic, Lucy and Rob also talk about how the image of mining could be improved, and how Women In Mining UK are helping the industry to achieve that. KEY TAKEAWAYS People outside of the mining industry don’t seem to realise how important it is for the continued extraction of primary materials. These are essential components in all parts of modern society. An image-change for the industry requires a reframing of elements such as the way mining is reported in the media, misinformation, and simply misunderstanding the goals and aims of mining. Crowdfunding is an innovative and popular new way of involving communities in mining exploration. By part-funding projects, they become invested both financially and emotionally. Mining is a delicate balancing act between three factors. We need to provide automation when possible in order to reduce risk. We also need to ensure that local communities are employed, and that costs are carefully observed. “Dirty” is a dirty word in mining. The perception of mining suffers from a huge disconnect between outdated views of how it works, and the modern, technologically-based reality. Women In Mining UK are working to attract the next generation of women in the industry by providing internships, scholarships and funding to find mining's stars of tomorrow. BEST MOMENTS ’The mining industry needs to frame itself as the solution against climate change, instead of the problem' ‘We have a real opportunity to boost Cornwall’s economy, pretty significantly!’ ‘People have a very un-validated view of what mining is’ ‘We need diverse teams, as it provides diverse approaches to problems’ VALUABLE RESOURCES   Dig Deep – The Mining Podcast on iTunes  Lucy Crane LinkedIn - https://www.linkedin.com/in/lucy-crane-747a6854/?originalSubdomain=uk Cornish Lithium - https://www.cornishlithium.com Women In Mining UK - https://www.womeninmining.org.uk 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 an 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 first world to third world countries from Africa, Europe, Middle East, Asia and Australia. We source, headhunt and discover new and top talent 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 rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ www.mining-international.org https://twitter.com/MiningConsult https://www.facebook.com/MiningInternational.org https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3

Rob’s guest this week is Eugene Antonov, the COO of Trans-Siberian Gold Management. With over twenty years’ experience, consisting of operations and finance on a global perspective, Eugene has helped Trans-Siberian to grow into one of the most valuable and impressive gold concerns in the world. Eugene joins Rob this week to discuss the outlook for mining in Russia, the developments in the Russian mining space in general, and the surprising effect that the Coronavirus has had upon Trans-Siberian’s gold operations. KEY TAKEAWAYS Eugene has over twenty years’ experience in mining, with a special focus on managerial positions with a responsibility for mine-site operations and finance. With a mining and finance background to draw upon, Eugene feels well placed in the industry, as the two paths compliment each other in terms of discipline. Since 2011, Trans-Siberian has produced over 300,000 ounces of refined gold from its main operation in Eastern Russia. Kamchatka is remote, but this means that geographically speaking, it is relatively unexplored. This has led to a wealth of opportunities in the region. On average it takes about three months to deliver the main mining materials from around the world, to the Kamchatka mine. This means effective planning must be employed at all times. Russia is one of the largest producers of gold in the world. It is also one of the largest producers of certain diamond types, and has one of the finest mining labour forces, globally speaking. Coronavirus has affected the global markets significantly. Surprisingly, this has led to savings in the gold industry, who are enjoying an approximate 10% reduction in costs. Trans-Siberian is now better poised for growth both organically and through selective creative acquisitions. .BEST MOMENTS ‘We want profitable ounces’ ‘Growth is part of our strategy’ ‘It’s known for its typical high-grade deposits’ ‘Mining is in the DNA of this country’ ‘We don’t want to acquire ounces for the sake of ounces’ VALUABLE RESOURCES   Dig Deep – The Mining Podcast on iTunes Eugene Antonov LinkedIn - https://ru.linkedin.com/in/eugene-antonov-1504b38 Trans-Siberian Gold - http://www.trans-siberiangold.com Eantonov@tsgm.ru 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 an 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 first world to third world countries from Africa, Europe, Middle East, Asia and Australia. We source, headhunt and discover new and top talent 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 rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ www.mining-international.org https://twitter.com/MiningConsult https://www.facebook.com/MiningInternational.org https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3

In the episode we chat to David Paterson,  an experienced management consultant who help clients to develop corporate strategies with particular expertise in problems involving complex reputation issues. With what is happening in the world with the coronavirus/Covid19, I thought it would be good to have David on the podcast after he reached out to me and wanted to talk about “the importance of communications in a crisis”. We talk about What challenges do you see the coronavirus having on mining companies and what measures should they be putting in place during these times. Also how do you deal with the confusion that arises from shifting information and uncertainty around the facts being put out there and identify three important points about communicating during a crisis. We conclude by talking about what will mining companies learn or how will they adapt to this new way of working once this crisis has settled down. KEY TAKEAWAYS As a consultant for companies in the mining industries, David helps in educating them about the social and political risks circling around mining. He can attest that these kinds of risks are as likely as technical risks, which are more known to cause the closing of companies. Communication is important more than ever in the mining industry. As much as possible, we want to continue providing our service while maintaining the quality all throughout, impressing the stakeholders, and getting the workforce engaged. But, during this hard time—amid the Covid-19 outbreak—it is our utmost priority to put the health and wellbeing of our suppliers, employees, and investors at the very top. Extend your help outside the company, to the vulnerable, to the community. Since we’re in the middle of a crisis, and anything can change any day, it’s best that you already have a core group who are incessant on monitoring updates, resourceful when looking for solutions and flexible for operations. 3 Important Points About Communication Amid a Crisis: Protect your company’s reputation as it is one of the most important assets. Get excellent information to arrive at excellent decisions. Don’t forget about the stakeholders—the suppliers, the employees, and the customers. How do we keep our internal communications strong? Involve each person in the crisis plan. As much as possible, you, as a leader, must be the one to convey news to everyone else so they understand they’re being taken care of. Assure them that everything will go back to normal, and everything is handled even after the crisis. There are many ways in how mining companies can extend help to the community. You can make use of the facilities, equipment, and vehicles. Authorities might need these rescue and relief operations for the affected communities. BEST MOMENTS “One of the key premises I got was, if you look at mining businesses that have shut down prematurely, it’s roughly half and half between technical risks and social & political risks.” “It’s important that we all recognise that people are anxious everywhere and they’re looking for assurance.” “It’s critical that you keep your workforce and other stakeholders focused and engaged… their optimism and moral as high as possible.” “While there are a lot of electronic communication tools available, there is nothing really quite as effective as getting a face-to-face briefing with their leader.” “There’s going to be a lot of rethinking that will go on once we get through this.” VALUABLE RESOURCES Dig Deep – The Mining Podcast on iTunes W Resources - https://wresources.com/about-us/the-team/ Michael Masterman Twitter - https://twitter.com/mgmasterman?lang=en Michael Masterman LinkedIn - https://www.linkedin.com/in/michael-masterman-0863592b/  ABOUT THE GUEST David Paterson is a well-known Management Consultant who helps his clients develop corporate strategies with particular expertise in problems involving complex reputation issues. He has an impressive background in economics and business administration. After completing his undergraduate and graduate studies in Monash University and Melbourne Business School, respectively, David took unique roles to grow his career not only in Australia but also in other countries. David has also worked for Rio Tinto for more than a decade and is now a consultant for mining companies under the Emergent Advisory 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 an insight to 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 specialising in all areas of mining across the globe from 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 Email Rob at rob@mining-international.org. Rob’s LinkedIn - https://www.linkedin.com/in/rob-tyson-3a26a68/ Mining International Ltd Official Website - mining-international.org Rob’s Twitter - https://twitter.com/MiningConsult Mining International Ltd Facebook Page - https://www.facebook.com/MiningInternational.org Mining International Ltd YouTube Channel - https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3