Dig Deep

In this episode, we chat with Kerem Usenmez, President and CEO of Metallum Resources who are a Zinc & Copper focused base metal resource company headquartered in Vancouver. They are involved in the mining and mineral development of base metals with interests in North and South America.

Kerem has a geology background and a wide range of career experiences and is here today to talk about Metallum Resources, the progress they are making in this great mining jurisdiction and talk more about Zinc as a metal.

KEY TAKEAWAYS

• Metallum Resources is listed on the Toronto Stock Exchanges (MZN)
• Their flagship project is located near Thunder Bay, Ontario, which already has excellent road, rail, and port connections.
• They have about two million tonnes at 18% zinc, 1% copper, 34grams per tonne of silver and half a gramme per tonne of gold
• Their project has almost twice the world´s average percentage in copper richness terms and extremely rich zinc deposits.
• Using current prices, the EBITA numbers reach $80 million, per year.
• The team are experienced mine developers as well as explorers.
• Relationships with the main First Nations group and other communities are currently good.
• For zinc for the next 5 to 7 years, there will be a deficit.
• Plus, the demand for zinc-air batteries is growing rapidly. Potentially, creating an even bigger deficit.
• Metallum Resources are perfectly placed to take advantage of this demand gap.

BEST MOMENTS

‘It's an exciting time for mining, especially for zinc and copper. ´

‘We have one of the highest-grade deposits, in the world, for zinc.’

‘Very profitable because of the low CAPEX numbers and very very high-grade ore.’

‘I think this is the right project, with the right commodities, at the right time.’

EPISODE RESOURCES

Twitter: @metallumzinc

LinkedIn: https://www.linkedin.com/company/metallum-tsxv-mzn

Facebook: @metallumzinc

Instagram: https://instagram.com/metallumzinc?utm_medium=copy_link

Website: https://www.metallumzinc.com/

VALUABLE RESOURCES

mailto:[email protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

http://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

ABOUT THE HOST

Rob Tyson 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' organisations 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 protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

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 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 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 Alistair Waddell, President & CEO at Inflection Resources & Chairman at Headwater Gold. Both are junior explorers working across Australia and the US focusing on high-grade precious metals and copper assets.

Alistair is an exploration geologist with a background working in Australia, South America, and North America. He is here today to talk about the exciting projects he is involved in and his experience travelling the world as a geologist.

KEY TAKEAWAYS

• Get out there and create your opportunities by knocking on doors.
• Get exposure to different deposit types, people, and jurisdictions.
• Young geologists need a bit of drive and perseverance and must not be afraid to take a leap of faith to gain experience.
• Working for junior miners as well as major mining companies really broadens your understanding.
• Inflection Resources has two main projects. Both mining gold and copper.
• The geologist Dr Douglas Haines was involved in putting together the exploration proposal for both projects.
• Many of the targets were on open ground, close to existing paved highways.
• They are currently working their way through thirty-five truly greenfield drilling targets in their NSW project.
• Drilling is also about to commence in their Croydon goldfields. An area that has produced spectacularly high grade finds in the past.
• Brownfield sites usually come with more risk than people realise. There is a trade-off. Alistair explains why he prefers to drill greenfield sites.
• Headwater Gold is focused on high-grade epithermal veins in the Great Basin area of Nevada.
• There are twelve projects to explore in Nevada.

BEST MOMENTS

‘Get out and travel before life gets more complicated with mortgages, families and whatnot. ´

‘I recognise the self-driving geologists. They have that little bit of extra entrepreneurial attitude.’

’I’m certainly very comfortable at taking a swing on greenfield targets that have the potential to deliver a large tier one.’

EPISODE RESOURCES

Website: https://inflectionresources.com/

LinkedIn: https://www.linkedin.com/in/waddellalistair/

Twitter: https://twitter.com/inflectionaucu

Email: [email protected]

Headway Gold: https://headwatergold.com/boardofdirectors/

VALUABLE RESOURCES

mailto:[email protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

http://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

ABOUT THE HOST

Rob Tyson 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' organisations 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 protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

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 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 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 Alex Atkins who is a mine engineer by background and now holds a number of non-executive directorship positions.

We met a few years ago at a mining conference in Melbourne and I know how passionate she is about mining. She is on the podcast to talk about her passions in ESG, diversity and inclusion and digital transformation. We also talk about non-executive directorships and what you need to do if you’re looking for NED opportunities.

KEY TAKEAWAYS 

• Being ready to pivot and use your skillset differently opens all kinds of doors.
• The mining industry is becoming more diverse and family friendly.
• Virtual working is now much more commonplace. Partly due to CoVid.
• ESG has become especially important for the mining industry and for those who invest in it.
• Genuine diversity creates a safe environment in which people are not afraid to speak up about issues quickly. Meaning that problems get solved fast.
• Know what your life purpose is and project that out. Being honest like that builds trust.
• Think about what you have to offer in terms of what is valuable, rare, imitable, and non-substitutable.
• Be commercial in your mindset. Don´t be too airy-fairy. Tie in details of actual business benefits to make your points.
• Try to deliver your message at a point when people are ready to hear it.
• APIs are a great way to join data and digital solutions up to solve many of the industry´s biggest problems.
• When it comes to NEDs, usually the company comes to you. For that to happen you need a strong personal brand.
• Write papers, mentor, speak publicly and volunteer to build your brand.
• Only join a board where you can be authentically you.
• Being on several boards enables you to be involved in a wide range of projects.
• Listen carefully and be ready to make your points succinctly.

BEST MOMENTS

‘I found my way back into the mining industry through consulting. ´

‘I used what was rare about me, what was valuable about me to influence others.’

‘Being on boards feels entrepreneurial.’

EPISODE RESOURCES

LinkedIn: https://www.linkedin.com/in/alexatkins/

Email: [email protected]

RECOMMENDED READING:

Working Backwards by Colin Bryar & Bill Carr - https://www.amazon.co.uk/Working-Backwards-Insights-Stories-Secrets/dp/B08KSDMDDV/

Range by David Epstein - https://www.amazon.co.uk/Range-Generalists-Triumph-Specialized-World/dp/B07PCS26MN/

VALUABLE RESOURCES

mailto:[email protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

http://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

ABOUT THE HOST

Rob Tyson 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' organisations 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 protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

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 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 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 Frederick Bell, CEO of Elemental Royalties who are an emerging, rapidly growing gold royalty company with world-class, producing assets on four continents and are listed on the TSX.

Fred has over 15 years of experience in the mining industry. Fredrick worked with a few explorers before taking the helm at Elemental Royalties just over 5 years ago. He talks about his journey and what Elemental Royalties have achieved to date. We also discuss how networking and building up your contact base is important from the very first day you start studying. Including, how doing this pays off as you develop your career. Fred is also on the committee of the young mining professionals.

KEY TAKEAWAYS

• Elemental Royalties offers its investors a diversified portfolio of interests, spread throughout the world.
• Elemental Royalties was generating revenue from day one of being set up.
• As a royalty company, they, and their shareholders, get paid without needing to reinvest.
• Diversification creates a lower risk profile.
• 80% of their portfolio is made up of operating mines based in a range of countries. Fredrick shares details of two of them in the podcast.
• They have cash flowing assets.
• They have a 1% NSR royalty on Wahgnion gold, which produced 175,000 ounces of gold last year. The royalty extends to the nearly 1000 sq. km that is still to be explored.
• The big royalty companies have the cash to continue investing during the bad times when there are some great deals available.
• In the mining world, you hear about opportunities through the people that you meet from the industry.
• Attend as many mining events as you can, while studying. Including young miners events.
• Without his connections and network Fredrick would not have been able to start up Elemental.

BEST MOMENTS

‘If you get to know good people, they tend to introduce you to other good people. ´

‘The big royalty companies have 80% margins.’

‘We have the same downside risk profile as a multibillion metal miner, with the growth potential of a junior explorer.’

EPISODE RESOURCES

Website: https://www.elementalroyalties.com

LinkedIn: https://www.linkedin.com/company/elementalroyalties/

Twitter: https://twitter.com/Elemental_Royal

Facebook: https://www.facebook.com/ElementalRoyalties/

Email:  [email protected]

VALUABLE RESOURCES

mailto:[email protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

http://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

ABOUT THE HOST

Rob Tyson 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' organisations 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 protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

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 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 into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

In this episode, Gerard Barron who appeared back in April 2020 (Episode76), returns for a chat. He is the Chairman and CEO of the Metals Company who produce metals from polymetallic rocks to power electric vehicles. It was founded in 2021 through the merger of DeepGreen and the Sustainable Opportunities Acquisition Corporation to scale nodule collecting and onshore processing systems.

Gerard is a builder of global companies in battery technology, media, and future-oriented resource development. He is both a chief executive and a strategic investor. Gerard is on a mission to help transition our planet away from fossil fuels and towards a circular resource economy.

This episode discusses innovation and a new way of mining that greatly reduces the environmental impact on the earth. So be sure to listen and learn about this new way of mining.

KEY TAKEAWAYS

• The green revolution is going to be very metal intensive.
• Investors want ESG sustainable investment opportunities.
• Mining polymetallic nodules that are on, or just below, the surface of the ocean bed can be very beneficial for the planet.
• It can reduce mining CO2 emissions by more than 90%. Gerard speaks about more benefits in the podcast.
• The area of the ocean The Metals Company is focusing on contains a wide range of metals.
• The Metals Company expects to be able to mine enough nickel, cobalt, manganese, and copper to build 280 million mid-size motor batteries.
• There is hardly anything living on the ocean bed, but The Metals Company is still working to protect it during the mining process.
• Ocean bed nodules can be extracted without generating any tailings or waste.
• The Metals Company is collaborating with other industries so they can play a big part in improving every aspect of turning nodules into batteries.
• Collaborating with other industries uncovers viable solutions that can be implemented fast.
• Brands that use eco-friendly materials will have a marketing edge, so demand for ocean metals will be strong.

BEST MOMENTS

‘(Battery) availability is the most important element that could put the whole green transition at risk.’

‘(Ocean mining) can reduce tailings to zero, it can eliminate the need for waste.’

‘Going forward we are going to absolutely collaborate with other industries.’

EPISODE RESOURCES

LinkedIn - https://www.linkedin.com/in/gerardbarron

NASDAQ TMC - https://www.nasdaq.com/market-activity/stocks/tmc

Twitter - https://twitter.com/themetalsco?lang=en

Instagram - https://www.instagram.com/metals.co/?hl=en

Website - https://metals.co/

Email – [email protected]/

Episode 76 of DDMP: https://omny.fm/shows/dig-deep-the-mining-podcast/disrupting-mining-is-mining-the-ocean-the-next-big

VALUABLE RESOURCES

mailto:[email protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

http://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

ABOUT THE HOST

Rob Tyson 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' organisations 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 protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

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 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 into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

In this episode, Rob welcomes back James Sykes who appeared back in July this year (Episode 156). When they had just made a fresh discovery. ACKIO in the Athabasca Basin. James Sykes is the CEO and Director of Baselode Energy, a fully funded Uranium exploration company that has achieved resounding success within the region, like holding a portfolio of highly prospective uranium exploration properties in the eastern side of the Atha-basca Basin.

James has over 10 years of experience in the Athabasca Basin uranium exploration and discovery sector. He is on the podcast to discuss another exciting discovery he has made in the uranium space which may prove to be the big one.

KEY TAKEAWAYS

• Baselode has recently picked up three exciting projects in the Athabasca Basin.
• They are using a new strategy to explore for high-grade uranium. An approach that is already bearing fruit.
• The Athabasca Basin 2.0 find is likely to be open pitable.
• Making the discovery cost $1.5 million, which has already turned into a $50 million market cap premium.
• They are waiting for assays on several additional finds that look to be high-grade too.
• The radioactivity readings indicate uranium. They are high too, which is a strong indication that there is a lot to be extracted.
• Size-wise the site has the makings to be the biggest in the world.
• Early in 2022, Baseload is due to start two more drills.
• In the summer, they are planning even more new projects.
• The uranium spot market is currently a powder keg market.
• The share price for Baseload has already resulted in two times the return.

BEST MOMENTS

‘It points to these large plumbing systems that can carry deposit uranium in high concentrations. ´

‘We have at least a $9 million commitment to exploration in 2022.’

‘Uranium prices have to go up, which will incentivize mining, which everyone benefits from in the long run.’

EPISODE RESOURCES

Email: [email protected]

Email: [email protected]

LinkedIn: https://ca.linkedin.com/company/baselode-energy

Twitter: https://twitter.com/BaselodeE

Website: https://baselode.com

VALUABLE RESOURCES

https://www.linkedin.com/in/rob-tyson-3a26a68/

http://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

ABOUT THE HOST

Rob Tyson 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' organisations 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 protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

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 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 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 Jason Stirbinskis, MD of Los Cerros who is an ASX listed exploration and mining company who is a leading Colombian gold explorer and developer with a focus in the regions of the Mid-Cauca Gold belt.

Jason is a geologist by background and has an MBA and also happens to be the Honorary Consul of Kazakhstan in Western Australia. He has led and been involved in many projects across the world in Australia, Africa, Central Asia, and South America. Jason is on the podcast to give us a more in-depth understanding of the Los Cerros company, the projects they are involved in, their recent capital raising and what it is like to mine in Columbia.

KEY TAKEAWAYS

• The Quinchia project is made up of many interesting targets which are at various stages of development.
• Miraflores DFS reserve is a modest-scale production project with sound financials.
• There are many more targets around Miraflores.
• Tesorito is more advanced, with many 200+m long high-grade hits starting on the surface. Drilling there is intense, and the great results have continued.
• Some of the new test holes around the edge of Tesorito have hit thirty-six meters at 3 grams per tonne.
• They have recently raised A$20 million.
• Los Cerros now has a dedicated target generation team that is working across their entire portfolio.
• Testorito is currently their focus.
• The risk profile of Columbia has improved considerably since the peace accord was signed to end the internal conflict.
• Confidence levels in Colombia are high, which is why several large mining firms are now setting up there.
• 2022 is set to be an even bigger year than 2021 for Los Cerros´ projects.

BEST MOMENTS

‘The more advanced projects have been the ones that have really driven the share price over the past 18 months. ´

‘We went from $7 million market capitalization early last year through to $90 million now.’

‘It's going to be just as exciting in 2022 as it was in 2021.’

EPISODE RESOURCES

Website: https://www.loscerros.com.au

LinkedIn: https://www.linkedin.com/in/jason-stirbinskis

Twitter: https://twitter.com/jason_stir

VALUABLE RESOURCES

mailto:[email protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

http://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

ABOUT THE HOST

Rob Tyson 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' organisations 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 protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

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 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 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 Andrew Swart, Global Mining and Metals Leader at Deloitte. He talks about some of their recently released reports that cover the following important topics:

• Building climate capability for a resilient mining sector - How leaders can prepare for tomorrow’s challenges
• The net-zero workforce Mining & Metals
• The future of work in mining - What will jobs look like in intelligent mining operations?

KEY TAKEAWAYS

• Each jurisdiction is at different stages of the decarbonisation journey and has different approaches.
• Foreseeing and preparing for the operational implications of climate change e.g., a higher risk of flooding, is another part of climate change resilience.
• To build climate change resilience companies need to look at the long term as well as the immediate risks
• Everyone in the organisation needs to take the climate challenge seriously.
• Some projects will lend themselves to a sustainable approach. Others will not make sense economically.
• Technology is going to help with energy efficiency.
• AI analytics will help to meet the climate challenge by targeting mining efforts more effectively.
• To be attractive to investors you have to have good green credentials.
• Digitization, automation, decarbonisation, and faster innovation are all going to create new types of roles and skill demands.
• Having a diverse, talented workforce has a huge impact on a firm´s ability to meet its ESG and climate change goals.
• Companies will have to look beyond traditional talent pools to create the workforce they need.

BEST MOMENTS

‘The implications of climate change drives across the whole organization…from finance to operations. ´

‘To be attractive to investors you have to be doing these (green) things.’

EPISODE RESOURCES

Deloitte Mining Section - https://www2.deloitte.com/global/en/pages/energy-and-resources/topics/mining-and-metals.html

Building climate resilience in the mining industry : https://www2.deloitte.com/au/en/pages/energy-and-resources/articles/building-climate-capability-resilient-mining-sector.html

The net-zero workforce Mining & Metals: https://www2.deloitte.com/uk/en/pages/energy-and-resources/articles/the-net-zero-workforce-mining-and-metals.html

The future of working in a hi-tech, decarbonising mining industry: https://www2.deloitte.com/global/en/insights/industry/mining-and-metals/future-of-mining-industry.html

VALUABLE RESOURCES

mailto:[email protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

http://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

ABOUT THE HOST

Rob Tyson 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' organisations 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 protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

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 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 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 was on early this year in March 2021 (Episode 121). Danny Callow is the CEO of African Gold Group, which is a Canadian exploration and development company with its focus on developing a gold mine in Mali, West Africa.

A Camborne School of Mine graduate, Danny has extensive experience in African mining working for the likes of Glencore. The African Gold Group has received great news regarding their recently released DFS report. Danny shares the details, including speaking about their drilling programme and hybrid power plant.

KEY TAKEAWAYS

• In July 2021, they produced an updated Definitive Feasibility Study (DFS). It showed that the project was very robust.
• The study concluded that there should be a pre-tax NPV of around $506 million with an IRR of 45% pre-tax.
• Cash flow estimates show that the setup costs will be covered after about 2.3 years.
• The mine should have a 16-year life.
• There are sulphide and oxide resources, as well as gold.
• In the podcast, Danny shares far more details about the financial viability of the project.
• More money has been raised, which has been channelled into further studies and drilling.
• There is much more to be explored. So far, they have only drilled 4kms of the 55kms of identified strike on the property.
• Danny explains that around 3.1 million ounces is sitting in those 4kms.
• In total, they have 300 sq. kms of concessions to explore.
• The first gold is expected to come out of the mine in 18 to 19 months.
• Most mines in Mali have to build standalone power plants.
• The power plant the African Gold Group has built includes solar and battery storage. Reducing their power fuel requirement by 43%.
• The emissions of noxious gases are reduced by between 35 and 40%.

BEST MOMENTS

‘We've just released an updated definitive study now, which not only includes additional oxides but also includes additional sulphides. ´

‘We've seen a 66% increase in mineral reserves to 1.2 5 million ounces.’

‘We've only drilled around four kilometres of strike on fifty-five kilometres of identified strike on the property.’

EPISODE RESOURCES

African Gold Group - https://www.africangoldgroup.com

Danny Callow LinkedIn - https://www.linkedin.com/in/danny-callow-acsm-84516b168/?originalSubdomain=za

Twitter - https://twitter.com/AfricanGoldG

Instagram - https://www.instagram.com/africangoldgroup/

DDM podcast episode 121- https://omny.fm/shows/dig-deep-the-mining-podcast/the-challenges-above-ground-an-interview-with-dann

VALUABLE RESOURCES

mailto:[email protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

http://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

ABOUT THE HOST

Rob Tyson 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' organisations 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 protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

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 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 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 first appeared on the podcast back in June 2019 (episode 30). Daniel Major is the CEO of GoviEX Uranium, a mineral resource company focused on the exploration and development of its African uranium properties in Niger namely Madaoela, its mine permitted Mutanga Project in Zambia, and its exploration Falea Project in Mali.

Daniel is a Camborne School of Mines mine engineering graduate and has been at the helm of GoviEx for the past 9 years, developing the company into a position to become a Uranium producer in 2025. He is here today to give us an update on the company and about the uranium market in general.

KEY TAKEAWAYS

• GoviEx has 3 projects in 3 different mining jurisdictions.
• Falea in Mali is a fascinating polymetallic project, which has a lot of potential.
• Madaoela in Niger is their keystone project, and it is already fully permitted.
• Niger started producing uranium in 1971.
• Power is not an issue in the area GoviEx is operating and the potential for solar is extremely good.
• The African Trade Group is developing several rail, road and shipping infrastructure projects which will greatly enhance Niger´s transport network.
• The infill drilling programme for Mutanga has gone well the operation remains a straightforward one.
• At Falea they have drilled below the uranium deposits, which the previous owner did not do.
• Deeper drilling has revealed copper, gold, and silver.
• GoviEx is very focused on ESG but does not take a one-size fits all approach.
• In Niger, the community has asked GoviEX to focus on education. It is very much a win-win for everyone.
• Marrying education with the nomadic lifestyle in Niger is one of the challenges they are working to overcome.
• In other areas, water, strengthening the food supply chain and clinics have been the priority.

BEST MOMENTS

‘(In Niger) the government is currently developing a programme of infrastructure upgrades. ´

‘We are going to drill down into deeper targets and figure out if this is the source of the uranium.’

‘With ESG you need to recognise that each community is different. Do not take a rubber stamp and try to apply it to everyone.’

EPISODE RESOURCES

Website: https://goviex.com/

Contact form: https://goviex.com/contact/contact-us/

Email: [email protected]

Email: [email protected]

DDM podcast Episode 30: https://omny.fm/shows/dig-deep-the-mining-podcast/uranium-the-future-with-daniel-major

VALUABLE RESOURCES

mailto:[email protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

http://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

ABOUT THE HOST

Rob Tyson 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' organisations 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 protected]

https://www.linkedin.com/in/rob-tyson-3a26a68/

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 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 into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.