Dig Deep

Rick Rule is the President & CEO of Sprott U.S Holdings and a highly experienced investor and speculator, focused on sub $1,000,000,000 market capitalization public and private issuers in natural resource industries.  He has led and participated in hundreds of privately placed debt and equity issuances for resource companies operating internationally, and is also a sought-after investment conference speaker, having presented at hundreds of resource and investment conferences over the last thirty years. In this podcast Rob talks to Rick about commodities in terms of bull-and-bear markets, what make good investments and how should CEO’s position themselves to raise funds? Also, they discuss the commodities and countries in which Rick believes there will be growth.  A must-listen-to episode for anyone looking to invest in the resources sector. KEY TAKEAWAYS So determined was Rick to learn all he could about the finance side of natural resources, that he emigrated to Canada and attended the University of British Columbia. Rick enjoys his job and his chosen vocation so much, that he truly sees it as not work.   Rick believes that no matter what the economic climate may be, investment is paramount to survival in the mining industry. He insists that continually investing even in the face of a few harsh years for the mining industry, have helped Sprott to cement their position as one of the largest investors and speculators in the business. Since the legalisation of cannabis in certain areas of the world, the cannabis market is attracting speculative capital at the expense of the mining business. Rick believes that this is actually a good thing as some junior miners and management teams who were perhaps not as devoted or as skilled in the art of mining, have chosen to move to the cannabis industry. When looking at companies to invest in, value is created by people. Rick and Sprott want to do business with people they know and believe in, or in companies in which those they already trust, believe in. But in addition to proven success, Sprott are also convinced that a company’s specific skill-set must match the task at hand. Rick believes the industry is in fact over-capitalised. Of the 1500 listings, Rick considers around 1200 to be non-viable, and the fact that they have bids in place is evidence of over-capitalisation. For those wishing to speculate or invest in mining projects, Rick advises looking for companies involved in large Tier 1 or Tier 2 projects in the early stage. Grade matters, and so does size. Expertise and a track record of success are essentials, as is alignment. When you set the price of a commodity below the cost of producing that commodity, over a long period of time the mining industry’s ability to keep producing it becomes constrained. When you balance supply-and-demand by reducing the supply element, as the market “firms”, the industry is no longer able to increase supply to meet demand. Copper is difficult to mine and expensive to initiate when it comes to new mines. There seems to be a lot of focus on copper at the moment as it’s a necessary component for the growing electric car market. But Rick advises that copper is required for way more than just electric cars. It’s also a vital component in providing material goods to those who have recently found wealth. This is why its value has recently risen, and will again. The Democratic Republic of Congo has a lot of what the world needs in terms of resources and is an area that will be highly valuable in terms of investment in the coming years. In Rick’s opinion, there is a tremendous challenge arriving for the mining industry in terms of skills. Many seem to be placing the responsibility for the future of mining on older shoulders, where he believes that a younger generation should instead be trained and instructed using the wisdom and knowledge of older miners, in order to ensure the prosperity and long term prospects of the business. .BEST MOMENTS ‘I’m a born boy!’ ‘Sometimes I resent going home at night. It’s a business that’s treated me very well’ ‘This business is deeply, deeply cyclical and capital intensive’ ‘You are either a contrarian or you will be a victim’ ‘My personal expertise in cannabis ended four decades ago!’ ‘The back side of a hockey stick is just as steep as the front side’ ‘Mining is a knowledge business. Value is added by answering a series of unanswered questions’ VALUABLE RESOURCES  Dig Deep – The Mining Podcast on iTunes Rick’s Email: rrule@sprottglobal.com Rick Rule - LinkedIn Sprott Website   ABOUT THE HOST Rob Tyson 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 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 talks to Steve Poulton, Founder of Altus Strategies PLC, which is listed on the London & Toronto Stock Exchange. Altus are a project and royalty generator in the mining sector with a focus on Africa who create value by making mineral discoveries across multiple licences.  In this episode we talk about the importance of mentoring and networking in furthering your career and what Altus Strategies are achieving in the exploration and geology space. KEY TAKEAWAYS Steve employed a natural entrepreneurial mindset to take advantage of the lack of competition in the sector, and carve out a collection of new companies, including Ariana, and ultimately Altus, having gleaned a number of skills and a thirst for business from his brief, yet intense career thus far. Steve was not interested in a career spent working for someone else. He wanted to see what he could personally achieve in his working life,m with the aim of reaping as many benefits for himself as he could. Mentoring is very important in the Altus environment. By helping his team to be the best that they can be, not only does it improve the strength of his company, but also of the mining industry as aa whole. Steve is happy to know that he is contributing to the future of the industry. Both Steve and Rob stress the importance of networking as part of your mining career. Knowing the right people, mixing with those with more experience, and learning from the mistakes of those who walked the path before you, is a vital component of your growth and development in the mining industry. Steve chose to focus on Africa because of the “prospectivity", the ease of finding materials to mine, and also because of the simplicity of obtaining the right licences from the government. Africa is unexplored and has rich potential for geological discovery. Technological advances are causing huge shifts in the mining industry. Some mines are now fully automated, and leaps in tech can lead to a wealth of untapped discoveries. But the industry will always need people. Altus’s business model is primarily generative exploration, exploring the geology of Africa, looking for areas that are perhaps less fashionable than others, applying for licences based on having undertaken deep remote sensing study on a region or area.   Steve is devoted to mining because of the variety of the job, the fact that no two days are ever the same, plus it offers a wealth of challenges and rewards that Steve finds personally intoxicating. Altus’s responsibilities to its shareholders will always be of paramount importance to Steve. The drive to ensure that his investor’s capital is always on the increase spurs him on each day to achieve more, and to make Altus as successful as possible. Mining is an industry in which you get out what you put in. Steve stresses the fact that you need to work as hard as you possibly can. Keep going and you’ll be successful in the end. Take on all the challenges you can and look for the bright spots. Make your mining career as enjoyable as possible. BEST MOMENTS ‘I always had an ambition to work for myself’ ‘Everyone has setbacks and challenges. But a little bit of luck doesn’t go amiss’ ‘Having a strong network is one of the greatest strengths you can have in the mining sector’ ‘We’re focussed on Africa because you can find things there very quickly’ ‘It’s only a matter of time before the market wakes up to the opportunity in mining’ ‘There are hurdles in the process, but the prize is fantastic if you’re able to achieve it’ ‘The key to success is to wake early, work hard and strike oil’ VALUABLE RESOURCES  Dig Deep – The Mining Podcast on iTunes Altus Strategies info@altus-strategies.com Steve Poulton - LinkedIn   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 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 the 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 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

Today’s podcast is all about Uranium, and features an interview with Daniel Major, CEO of GoviEX Uranium, a mineral resources company focused on the exploration and development of uranium properties in Africa.  TSX listed, GoviEx’s principal objective is to become a significant uranium producer through the continued exploration and development of its mine-permitted projects in Niger, Zambia and Mali.  We discuss Daniel’s mining career and how he had some time in the banking and finance industry, gaining and learning new skills that helped him in more senior roles, before moving onto the subject of Uranium, the supply and demand of this commodity, and how it will affect the industry and world moving forward. KEY TAKEAWAYS GoviEx are currently seeing huge growth in the uranium market. Nuclear demand is growing by the day, increasingly so as people get behind green deals and come to the realisation that the cleanest way of producing energy is nuclear. Wind and solar energy farms require seventeen times more material to build than nuclear facilities. As plants spread across the globe, so too does demand for uranium. Daniel began in Camborne mines, and went from there to mines in South Africa and the Transvaal. Self-employment followed, and subsequent projects work for mines, and then part of HSBC’s mining analyst team. Having worked on so many different commodities, Daniel has come to realise that there are numerous similarities between most mining products. They all require the same basic processing and procedures. The main differences are the value additions that come later. The best CEOs of mining corporations tend to come from a financial background, which allows them to see both sides of the mining business - the practical side and the monetary side. Daniel prefers his team on the ground to take ownership of any projects they have to negotiate for. Many companies, especially those of a multi-national standing, allow their projects to be overseen remotely, but Daniel prefers his mines to be overseen locally. China are currently building eight reactors a year. The demand for nuclear energy is on the rise. The world can’t meet the energy requirements of the Paris Accords without investing heavily in nuclear. Subsequently the demand for uranium is increasing tremendously .BEST MOMENTS   “We focus really only on uranium projects. We don’t like to diversify too much’ ‘It does help you to see the big picture, and to appreciate what drives a company’s share price” “You cannot be all things to all people around the world” “I think we’re going to turn a corner very, very fast” “Our driving force to is to keep adding value”   VALUABLE RESOURCES   Dig Deep – The Mining Podcast on iTunes GoviEx Daniel Major - LinkedIn   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 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

“Changing the way the world mines” Rob interviews Richard Verkley, CEO & Executive Chairman of Eco Metals Recovery, a new green mining equipment manufacturing business entering the global gold mining market with a unique metals recovery system called the "Separator". Richard talks about what the company are doing in the industry and about Karuschain, a type of blockchain that aims to transform the supply chain within mining. KEY TAKEAWAYS Eco Metals Recovery was “born in the jungles of Ecuador”, and was sparked by the notion of removing poisons from a river. From a conversation between Richard and another engineer, they began to wonder if they could use the same practice to separate precious metals from minerals, but the technology wasn’t quite ready. The answer to this conundrum was found in the use of aerospace polymers, which were able to bypass such outdated practices as centrifugal separation, in order to better ensure that metals and minerals could be separated early in the process. The Separator is more durable than other mining equipment, and due to its innovative design, can be snapped together like a Lego set, allowing for a level of transportability hitherto unseen in this type of machinery. By building a varied team from different sectors in the mining industry, Richard has managed to assemble an experienced team, each with their own unique gifts, and who are instantly recognised as one of the most respected teams in mining, which stands them in good stead when it comes to approaching governments and other mining groups. A blockchain is something that pulls together a series of transactions between a number of parties. Richard has used the blockchain method to develop Karuschain, an equally linked system of operations designed to transform the supply chain within mining. Karuschain is described by Richard as a utility that runs imaginary wires all the way through the mining process to the end customer, recording every transaction along the way so that each customer can trace the origin and cleanliness, as well as the progress along the way. Eco Metals’ vision for the future is not one thing, but an array of different technologies and advancements designed to push the mining industry forward. Through innovative creations such as the Karus utilities and the Separator, Eco Metals hope to put their stamp on the mining industry as a whole. BEST MOMENTS “Pretty much everything we’re doing is eight hundred years old”  “You could backpack, with three people, a version of this into extremely difficult terrain”  “I want to change how we mine. I want to change what we’re doing to the environment”  “I love the statistic that 70% of all gold is mined in Switzerland” “What we’re doing is re-wiring the world”  “What do I do next, and how do I do something that makes a difference?”   VALUABLE RESOURCES Dig Deep – The Mining Podcast on iTunesEco Metals Recovery   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 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 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.orghttps://www.linkedin.com/in/rob-tyson-3a26a68/www.mining-international.orghttps://twitter.com/MiningConsulthttps://www.facebook.com/MiningInternational.orghttps://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3        

Rob talks to Murray MacNab, the COO of United Mining Services (UMS) and James Keir, the Group Executive Manager for Engineering Technical Services at UMS Group Of Companies. UMS is an internationally recognised group of companies offering technical, advisory and contracting services to the mining industry, specialising in shaft-sinking and underground mining. James and Murray join Rob on this episode to offer their insights into what has made UMS such a success. KEY TAKEAWAYS Both Murray and James have extensive experience in the mining industry, and are currently part of a tour-de-force operation at UMS, lending their considerable knowledge to improving and expanding its specialised operations. UMS was founded in response to a growing need for a single source of accountability, or as James puts it a “one stop shop” for mining services. As such, UMS is divided into three divisions: processing, mining and shaft-sinking. UMS are looking to expand globally, with focus on the East, the Americas, and a wider expansion into Africa, which UMS considers its “backyard”. UMS continues to grow and evolve as it stakes new claims in new territories. by partnering with local operations, as well as breaking ground on new project types, UMS continues to grow its own skill-sets and partner relations. Murray identifies positive and negative changes in the art of shaft-sinking over the past few decades. Safety has improved exponentially. Productivity has dropped drastically, though, mainly due to the added safety measures.  Remote control and robotics are the technologies that Murray and James identify as being the next big advances in shaft-sinking. Thirty years ago Murray was involved with a crew of 600 people in order to sink a shaft, but due to technological advances, can now sink shafts with a crew of just 50. With limited competition in the sector, UMS are looking to expand their technological capabilities so as to remain on the cutting edge, and to partner with more companies in order to stimulate growth. Talent acquisition is also of paramount importance so as to ensure the future of mining as an industry. BEST MOMENTS “With our three divisions, we can offer a concept-to-closure value chain with single-point accountability to mining clients”  “We’re more than happy to go into partnerships, as we see them as adding huge value to our company”  “Safety has become the number one driving issue these days”  “Shaft-sinking is not considered to be a sexy industry”  “It’s all about looking at the system as a whole”  “Wherever there are minerals that people want, there will always be mining”   VALUABLE RESOURCES  Dig Deep – The Mining Podcast on iTunesUMS MiningMurray MacNab – LinkedInJames Keir - LinkedIn 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 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.orghttps://www.linkedin.com/in/rob-tyson-3a26a68/www.mining-international.orghttps://twitter.com/MiningConsulthttps://www.facebook.com/MiningInternational.orghttps://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3

Rob talks to Gerard Wood, Managing Director of Bluefield Asset Management Specialists and author of Simplifying Mining Maintenance, about the varied services that Bluefield offer, and how they contribute to the mining industry by focussing on efficiency, reliability and cost effectiveness. KEY TAKEAWAYS Gerard began in the mining industry in his teens as a tradesman on the shop floor, working his way up and studying. By applying himself from the beginning, Gerard obtained a practical experience of the entire process, an education that has stood him in good stead as managing director of Bluefield Asset Management Specialists. Bluefield differentiate themselves from their competitors by focussing not on themselves as a single company, but by applying their technologies and practices to the mining industry as a whole so as to further the industry’s advancement. Bluefield handles fleet maintenance for a variety of business types, from larger corporations through to smaller companies, and each relationship is built upon the same foundations of trust and excellence. Bluefield nurture each business relationship in the same way, providing excellent service and impeccable expertise across the board. Gerard sees the future of Bluefield Asset Management Specialists in worldwide growth. North America, South America and Asia are potential markets that the company wishes to explore. Most importantly, Gerard wants to focus on adding value to his clients’ operations. By identifying common issues in mining maintenance, Gerard decided to pour his vast experience into the writing of a book that he hopes will aid the industry on a much larger scale. .BEST MOMENTS   “Our vision is an industry vision”   “We operate across the whole range - we like the fact that smaller companies value our services and the bigger companies are also very important to us”   “All of our guys have experience working in the context of our clients”   “To continue to drive yourself to be able to make a difference is what counts”   “My book’s written in very simple language - primarily so I can understand it!”       VALUABLE RESOURCES   Dig Deep – The Mining Podcast on iTunes Bluefield Asset Management Specialists Simplifying Mining Maintenance - Amazon gwood@bluefield.com.au   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 talks to Kevin Sabin, the Director of Hargreaves Services, a diversified group of companies delivering services to the industrial, mining and property sectors. Kevin heads up their mining division and goes into what exactly Hargreaves offer in terms of services, as well as what makes them unique in their field. Through associations with important initiatives such as the Sirius Minerals project, Hargreaves Services have grown into a valued and trusted part of the worldwide mining industry. KEY TAKEAWAYS Kevin began in the mining industry in 1975 as an apprentice electrician and has worked extensively through mines in the north of England. Since his association with Hargreaves Services, the company has grown throughout the worldwide mining supply chain providing end-to-end solutions through their various divisions. Through their wide experience of mining, logistics and research, Hargreaves have grown into the largest surface mine operator in the UK, handling processing and operating their own transport fleet.  Health and safety is something that Hargreaves particularly believe and specialise in. Maltby Colliery, owned and operated by Hargreaves was the first mine in the world to be awarded the British Safety Council’s Sword Of Honour. Hargreaves have found that lately, there seem to be more and more mining opportunities in the UK, which is resurgent.  Fundamentally, Kevin believes that having competent people in place is far more valuable than having numerous people in place. It’s also about making sure that the people you have in place are trained in not just the methods and qualifications of yesteryear, but also in today’s standards. Kevin believes that even though some from the last generation of UK mining may now not be in a position to take up their former positions, they can still provide valuable and essential training to the new generation of UK miners, and hopes to utilise this past generation’s considerable knowledge in improving UK mining today. Steep-seam geology, and the difficulties it presents have forced Kevin and his team to use more radical thinking in terms of success. He has found that methods used in the UK mines have not translated throughout the world. However, each challenge is an opportunity for growth, and Hargreaves learn from every obstacle placed in their path. In terms of future growth, Hargreaves hopes to diversify their output from products like coal, which has seen its demand slowly decline, to future industries such as biomass processing, and services such as installation, maintenance and operations.      .BEST MOMENTS  “While a lot of our experience has been in coal, it certainly transfers into other minerals” “We really have put a lot of effort into making sure we do the best for the mine and for the services we provide”  “For us it’s about collaboration, looking right across the patch”  “How can we knit all of these opportunities and people together?”  “One of the biggest challenges in the mining industry is the ageing mining population in the UK” “There are lots of willing people out there who want to become a part of the mining industry”   VALUABLE RESOURCES  Dig Deep – The Mining Podcast on iTunesHargreaves Services   ABOUT THE GUEST   As Director of Hargreaves Services, Kevin Sabin heads up their mining division and explains what services the company offers and what makes them unique. He talks about their involvement with the Sirius Minerals project and other projects their involved in around the world.  You can contact Kevin at kevin.sabin@hsgplc.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 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 the 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 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

Malcolm Paterson, CEO & Director of Greengold Engineering joins Rob to talk about his mineral project development and production company based in Indonesia, who specialises in developing innovative technologies to reduce costs and improve recovery in the processing of minerals. Malcolm gives his invaluable insights into the new technologies he is developing for his many clients, along with how they can add value and save capital with their processing facilities.   KEY TAKEAWAYS Malcom and Greengold are hoping to change their name and image soon, from Greengold Engineering to Greengold Technology. This is being done to ensure that people know that their true focus is on mining technology going forward. Greengold covers many disciplines and can take a project through from exploration to production. Exploration, drilling, geology, mining, processing and engineering are just some of the areas in which Greengold specialise. Greengold focus only on gold, silver and copper. This narrow focus has allowed Greengold to develop highly acute technologies across many disciplines, instead of spreading themselves far too thin. By working with suppliers closely, Greengold has managed to shorten the process quite often when it comes to developing a project. Developing on an international basis is crucial to Greengold’s plans. By taking the best of one country’s resources and transplanting them to different areas of the globe, Greengold is establishing itself as an efficient and knowledgeable player in mining. The integration of geology and process is of the utmost importance. By providing a complete end-to-end process for their clients, and by specialising in just a few areas, Greengold have marked out their unique appeal. Greengold believes that mining companies should be more self-supporting than they currently are. Whether they are drilling or mining, companies can always benefit by bringing their operation in-house. It saves a huge amount of money, and can lead to a wider field of expertise. BEST MOMENTS ‘We don’t try to be a specialist in every field’ ‘Too many startups try to focus on too many disciplines at once’ ‘We can develop a project from start to finish with no gaps’ ‘We have Indonesian geologists working in Australia, which is quite novel...’ ‘If the metallurgist doesn’t understand what’s in the ground, then the engineer can’t design a good plan’   VALUABLE RESOURCES The Dig Deep Mining PodcastGreengold Engineering   ABOUT THE HOSTRob Tyson 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 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 the 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         Mining International Official Website          Mining International’s Twitter       Mining International’s Facebook

The aspect of social investment and environmental investment in the planet  is not debatable, it should be a part of every bankable feasibility study, this is especially important in developing countries’ Rob is in conversation with Mark Dawe Managing Director of B2 Gold Namibia. They discuss the corporate social responsibility central to the operating philosophy of the company and giving back to the community, country and the planet. This interview is a fascinating insight into the role the company plays in developing a passionate and positive workforce who are doing great things, adding value and giving back, listen in to hear more. KEY TAKEAWAYS Mark Dawe has worked in Namibia for more than 26 years and has extensive experience working with the government both as a managing director and as former president of the Namibia Chamber of Mines. We are focused not only on adding value but also on corporate social responsibility we believe we are investing in a country and this is central to our operating philosophy from the CEO down to the individual mines in each country. B2 Gold is very focused on upskilling making sure the local population is trained so that the operation can be run by a local workforce from management through to site staff. The policy of skills transfer has been very successful because we are upskilling  individuals who can then be deployed  across various roles in differing locations. There is a fantastic synergy between a country that is very liberal, Canada the parent company of our company, and developing countries ; developing skills transfer, education, assisting people and leaving a legacy. Namibia is a very friendly country and It’s a pleasure to live here. The government is very receptive to mining but there are challenges around licences and resource rent through claim sitting. The minerals and metals mined in Namibia are extremely diverse and the country has the best skill set of any African country. When you come here to live you want to stay and this is hugely attractive for mining operators as its hugely beneficial to not have your workforce flying in and out, with the associated costs and fosters ownership and commitment. If you surround yourself with passionate people you find you are in a very positive situation with people doing great things and adding value to community, country and planet.   B2 Gold is very involved in conservation, setting up the Namibia Chamber of Environment. This has become the ‘one stop shop’ for the conservation and environmental sector. Although the effective recycling of minerals and metals and other materials is developing  There will always be a need for resources from the ground and the natural resources sector will in the future become more dependent on technology and more efficient mining techniques. BEST MOMENTS ‘I see a bright future for mining, it’s still a very good profession to be entering’ ‘I can see myself moving more into conservation and living in Africa I believe we have a unique responsibility’ ‘Ultimately you can make a success of whatever you do as long as you are passionate about what you are doing’ ‘Technically there is nothing better, you have every profession under the sun in a mine’ VALUABLE RESOURCES The Dig Deep Mining Podcast   ABOUT THE HOST Rob Tyson 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 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 the 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   ·       Mining International Official Website    ·       Mining International’s Twitter ·       Mining InternationalIs Facebook

‘Gold Stars and Black Holes – Analysing the Discount: from Resource to Sanction, analysing how differentiated in-situ values for mineral resources across all the major equity markets have evolved, and how equity valuations then increase (or not) ‘ In this fascinating episode, Rob is in conversation with Charles Gibson from Edison Investment Research and Phil Newall of Armstrong Waddell International. They discuss the conclusions from the latest annual global mining sector report from Edison, ‘Gold Stars and Black Holes’ written by Charles along with a range of topics including new markets, the exploration budget worldwide, the battery metals bubble and the development of the exploration space over the next ten years. This is a must for anyone connected to mining and provides an amazing opportunity to hear the opinions and views of professionals with both considerable global experience and knowledge of the market.   KEY TAKEAWAYS The first part of the report looks at the in-situ values which are important for stock market valuations. We disaggregate different values for the measured indicator or inferred, you are not just looking at a blended ounce you are looking at 3 distinct types of ounces. This enables us to differentiate between companies who have a higher proportion of measured ounces and lower proportion of inferred ounces It allows us to draw conclusions when companies upgrade their resources from inferred to indicated, to measured,  as to how much value it adds to their stock market listing. After companies have drilled up the resources the important questions asked are whether they are economic, how economic are they and what returns can you get on developing the project? The second part of the report looks at the stock market valuation compared to the NPV (net present value) of the cash flows of the project and this enables you to look at how cheap a company is compared to the project valuation and the range of those valuations. We looked at 19 metals and minerals for both halves of the report and of those 19 half of them had a value for measured resources that was less than the value of indicated resources and in some cases the valuation was negative. It shows that for an average company with an average deposit upgrading your resource when you move from indicated to measured, although it would seem to be a value-adding process in the eyes of the stock market it appears not to be. Companies need to be aware of this when making decisions. For all but one of the 19, there is evidence the market will give you credit for resources you haven’t yet discovered, resources you can suggest are there but are yet to be drilled up. On average the valuation of companies who had done pre-feasibility studies on their projects get a lower market valuation than companies that have done a preliminary economic assessment or a scoping survey. The list of where people won’t go is growing smaller. Generally, metals are running out and big deposits are no longer being found. What is being found are smaller deposits that tend to be in the smaller countries that people have previously been more reluctant to visit. It's encouraging that exploration is increasing but mine based exploration with people drilling where they know is low-risk exploration. The market is currently starved of the exploration of new possibilities, people going out and finding those new deposits. There are many companies who don’t have the money to do the grassroots exploration. Historically it has been the junior market undertaking the exploration and making the discoveries that have allowed the majors to then come in and really take projects onboard. At some point, the market needs to become more receptive to junior companies. It should be an integrated market between the juniors, mids and majors. Currently, it isn’t, there are the juniors and the supermajors with almost nothing between.   BEST MOMENTS ‘Metals are getting more expensive and getting harder to find. We are in very interesting times at the moment’ ‘They are all after the same sort of targets, they are all after silver or copper or gold deposits because these are the commodities they understand.’ ‘The market has a broadly positive attitude towards mining at present’ ‘There is a clear relationship between something being small and highly valued and something  large and lowly valued’ ‘Share all the geophysics you can to suggest the full extent of the resource because the market will give you credit for it’   VALUABLE RESOURCES The Dig Deep Mining Podcast   ABOUT THE GUEST Phil Newall, Managing Director,  Wardell Armstrong International Historically the company has provided a full range of services from scoping surveys through to definitive feasibility studies. We are here to help clients at whatever stage they are in their exploration projects Our USP is our large mineral processing testing work facility in Cornwall. We test samples from around the world and as metrology becomes more complex knowing what can be extracted from the ore is vital in determining the best ways to move forward.   CONTACT METHOD Wardell Armstrong website Pnewall@wardell-armstrong.com   ABOUT THE GUEST Charles Gibson, Edison Investment Research Edison writes research for investors and corporate clients. Companies at various points need to interact with the market and need to keep their story in front of investors and we help them to achieve that. Once you are on the market we are able to undertake ongoing research that keeps the story alive and investors interested.   CONTACT METHOD Edison Investment Research   ABOUT THE HOST Rob Tyson 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 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 the 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         Mining International Official Website       Mining International’s Twitter       Mining International’s Facebook