Today’s episode is a unique conversation with special guests Russell “Rusty” Delroy of Nero Resource Fund & Brice Gower of Augment Technologies.

We explore completely new terrain, exploring how the technological megatrends on foot today (think AI and robotics) could totally upend the mining industry as we know it. And we explore the investment themes that come from that big-picture view. This episode goes deep and we explore some lateral concepts – but trust us, it’s worth it.

AI is the defining technology of our era, and its implications are not limited to the digital world.

Our discussion traverses how nimble governments need to be in this age, how disruption will vary across mineral assets, what consumerism looks like in a cheap metal world and who’ll be first to take advantage of this paradigm shift.

Intro Music: Here Come the Robots by Stoned Jesus

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Adelaide, 7 - 9 April 2025 (Matty will be there in full conference mode)

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(0:00:00)Introduction

(0:03:16)AI - The big thematic

(0:11:55)What industries are vulnerable

(0:22:45)What does a future mine look like?

(0:41:40)What changes on the mining investment front?

(0:47:40)When did the penny drop for Rusty?

(0:55:55)Model innovations

(0:58:50)The data

(1:06:19)Final thoughts