Pat explains what Euromax Resources has gone through more recently with government corruption, difficulties with permits with the new governance, political instability and further hold-ups with projects due to all this uncertainty and changing of government personal which has unnecessarily delayed the project's future.

Many of you listening may of experience some if not all of the challenges Pat has faced. He shares how he and Euromax overcame them which may help some of you if you’re in similar circumstances. He also shares some of the things in hindsight he could have done which would have had a better outcome. Tune in today to hear his story.

KEY TAKEAWAYS
Challenges of mining in Macedonia

 

• The logistical challenge, setting up very remote exploration camps with minimal infrastructure.

• Dealing with lots of different social issues related.

• Military controls in those places and unpleasant checks.

• Foreign language barriers.

• The political crisis in African countries.

• High levels of corruption.

• Lack of finance to fund the process of mining.

 

How to overcome those challenges.

 

• Working as a team in order to achieve your desired goal.

• Assistance from the government and the community brought them to an agreement.

• The support from the anti-mining NGO’s financially.

• You have to consider the socio-economic impact on what you are doing and you also have to look at other businesses in that area that you are doing your mining so as not to create the rivalry.
• Employ strategic political risk analysis to get more of a handle on what is happening elsewhere in the country in terms of political crisis.

BEST MOMENTS

• “Africa is an interesting place to be but not an easy place to fit socially.”
• “To succeed in all avenues of work, don’t be afraid of not having a language, it is something we pick up along the way as an expert.”
• “The best place to find the mine is next to another mine.”

VALUABLE RESOURCES

• [email protected]

ABOUT THE HOST
Pat Forward who is the Chief Operating Officer of Euromax, a Canadian mining development company who are building and developing a copper and gold mine in Macedonia and exploring other areas in Eastern Europe and along the Western Tethyan Belt.

CONTACT METHOD

• https://www.linkedin.com/in/patrick-forward-5b31464/