Dig Deep

‘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 knowin

How will the mining industry innovate through the technological revolution that we are currently going through? To answer this and other key questions Rob Interviews Michelle Ash the chief innovation officer for barrick Gold, and the Chair of the Global Mining Guidelines Group. Their conversation moves from how Michelle got into the mining industry to what skills people need to adapt to the rate of technological change within society. If you have thought about possibly working in the mining industry in the future, or want to understand how as an industry they are trying to work together to solve problems through the GMG this is the podcast for you. Key Takeaways How did you get into the mining industry? I’ve been in the mining industry for 25 years and really I fell into it by accident. I trained as a civil engineer, and then I got picked up as a blast engineer, and seeing your work literally moving mountains was something else. I love the mining industry and I’ve worked all over the world. I loved working in Australia, most recently I worked in Tanzania which I thoroughly enjoyed. What’s the major differences between the big companies? I’ve worked for both larger and smaller companies. Often in the smaller companies you get a lot more flexibility, and breath in the roles that you take whereas in the bigger companies you are more specialized. With the smaller companies you have to make sure that you squeeze every bit of profit out of the mine because they are a lot smaller. What would you say the new technological trends are within the mining industry? We talk a lot about industry 4.0 but what it boils down to is around connectivity being faster and better. With satellite comms, and 5g networks being cheaper it allows companies access to high quality computing and communication without the previous scale of costs. There are lots of new technologies that are able to track the health of our employees, and tracking more effectively underground. What new skills do mining professionals need to learn? We are all going to have to learn a lot more about AI, and Blockchain. If you are younger, I would recommend getting some good coding skills if you want to enter the mining industry. There are some less obvious skills like focusing on humanistic design, especially around agile methods of production I think that universities and companies have to change to reflect these new skills. Do you think that mining has an image problem? I think technologies will help make it more attractive but they are only enablers. Making sure that people need to get out and know about the mining industry. Some of the Hackathans that we have conducted were around wanting to really engage young people in the problems that we are trying to solve. Young people are the future workforce which means that you have to engage with them. What should institutions do to attract people into the industry? We have seen a decline in people getting into certain fields like geology. You have to have a multi-level approach, around upgrading company practice and the curriculum. Governments have a great convening ability, getting these groups together to talk about important subjects. I think we have to get into science, mathematics and engineering in schools which are the base of the skills that we are looking for. What social changes will impact the mining industry? There is greater demands on being less impactful to the environment. This might drive us to create different drilling methods. Those technologies have an impact on how people interact, communicate and learn new things. What is GMG all about? GMG is an industry association, which is member driven. We have members all over the world from India, to the States and Latin America. We are looking at expanding in China. We also work with mining services industry. We work towards developing guidelines on topics such as automation, remote operations, and KPIs for example. We are currently looking at AI and Dam construction. At GMG we bring groups together to help develop those guidelines. Why do you enjoy working in the mining sector? I love it because it really does change outcomes for communities. It can go into rural, more struggling places and can build, cities and towns because of the mining industry. Who have been the most influential people in your career? Lots of people over the years, have allowed me to go abroad for example and others that took a gamble of me when I moved over to the PVC industry. How do you see the future of mining? I think it has a bright future. The rate of change will continue to accelerate. We will accelerate the implementation of those. We’ll see more and more people working remotely and not in high-risk roles. What advice would you give someone if they want to take a similar career to you? Certainly getting some experience in new technologies would be ideal. Keeping an open, challenging and inquisitive mindset. Get involved in the industry and understand how the mining ind

Peter Ledwidge is the managing director for Mako Gold who are exploring and developing assets in West Africa. The company was created in 2015 and has had significant success making 3 discoveries in 3 years. Rob and Peter discuss the success of Mako Gold and its plans moving forward. For a fascinating insight into the world of gold explorers listen in. KEY TAKEAWAYS How are you developing as a company? We are currently developing 2 flagship projects after reviewing many possibilities. We have been able to move quickly as our previous crew have come back to work with us. We have been able to achieve significant results making 3 discoveries in 3 years. One of the projects began from a greenfield site, we have undertaken all aspects of the work required and are particularly proud of being able to do this. From the holes we have drilled the results that have come back have been outstanding and we think we have the potential for high-grade deposits. What are Mako’s reasons for exploring in West Africa and what are the specific challenges? One of the reasons is the artisan miners who are working in this area. If they are mining in the area you know the geology is good and will support deeper drilling but if we can find something shallow then it’s very attractive for investment. What’s your strategy to grow shareholder value? We have already grown it considerably and de-risked. We are methodical but fast in our procedures and complete everything that is required such as sampling to a high standard and you add value to the company by getting the drills turning. Being methodical and moving quickly means our investors get a return quickly which is what all investors want. What are your plans over the next year? We are aggressively drilling, and people are interested in what we are doing. This is giving us a great opportunity to form new associations moving forward. BEST MOMENTS ‘For us, it’s an endorsement and it brings together us as reputable explorers’ ‘We have been able to achieve significant results’ ‘We think we are doing the right things by our shareholders’ 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 [email protected] Rob’s LinkedIn Mining International Official Website Mining International’s Twitter Mining International’s Facebook

Rob talks to Amanda Van Dyke, the portfolio manager for South River Asset Management, a specialist fund management company. Amanda discusses her beginnings in the mining industry, the roles of diversity and public relations in improving the perception and profitability of the business, and also her suggestions for wise future investments. KEY TAKEAWAYS Amanda’s route into the mining industry was somewhat indirect. From a Bachelor Of Arts degree to a job in the Canadian diamond industry, and then to a Masters in International Economics. From here, Amanda took a job as an investment analyst for a firm that did many deals with the mining industry. Having come from an international background in the industry, Amanda describes the many differences between operations in Canada, London and Antwerp. Investment in London and the UK is more focussed on less-speculative proposals. Amanda discusses her role in ‘Women In Mining UK’, which she helped to grown from 170 members, to over 1700. In Amanda’s opinion, this is evidence that the mining industry is bigger than most people think. It also includes departments such as finance, insurance, accounting, listings, most of which are operated out of London. This has provided many more roles for all kinds of people and has helped to diversify the industry as a whole. There is a large correlation between the more successful mining companies in terms of profitability and share price, with female participation at the board level. Diversity can definitely help mining companies to be more successful. Amanda does not believe that mining is a sexist industry, but does this that perhaps it has become relaxed in its attitudes toward the roles that women can play. She would like to see more forward-thinking in terms of women’s roles going forward. When looking at the mining industry, most people think merely of geologists and engineers. But this sector represents no more than 5% of the employees in the mining industry. Mining has a horrible brand and image in the world right now, despite the fact that more commodities are being demanded today than ever before in history. Mining is a primary industry, but unfortunately, it has been badly represented, and this needs to change. Events such as the Mines And Money London event are always evolving. They’re about taking the pulse of the industry at the time and delivering information about things such as new advances that’ll interest mining companies and investors. Amanda sees gold, silver, cobalt as commodities that may prove fruitful int he next year, mainly due to their use in technology. Manganese and nickel could also be worth investing in, as they are both components in batteries. When it comes to investments, Amanda takes a balanced approach. You need to have a bit of everything. Opportunities need to be economically attractive. They need to be scalable, and to have the potential to earn well in order to be viable and realistic. Is it financeable? Is the outlook realistic? Is it marketable? It takes time to develop a project. The issue with the mining industry is that sometimes opportunities are spotted, and saturated far too quickly. This is why Amanda prefers to invest in teams with proven success BEST MOMENTS ‘It’s big business here, versus junior business’ ‘They wear better suits!’ ‘Providing a forum and network for women in mining is vital’ ‘Diversity can seriously help mining companies’ ‘I don’t think mining is a sexist industry’ ‘Mining as an industry or career is just not as well known to women’ ‘Promoting mining as an exciting place to work, and as an important industry is very important’ ‘One of the most important factors in the mining industry is logistics’ ‘Regardless of your specialist field, the mining industry is a very exciting place to work’ ‘People are so divorced from where the stuff they use every day comes from’ ‘When it comes to investment, there’s no one important thing’ ‘I don’t buy projects. I buy shares in a company’ ‘Don’t just buy the asset. The asset doesn’t make money. Shares do’ ‘Skin in the game is really important. But it’s not everything’ ‘Mining is not going anywhere. But it needs to do a better job with its PR’ VALUABLE RESOURCES Dig Deep – The Mining Podcast on iTunes South River ABOUT THE GUEST Amanda Van Dyke is a commercially astute senior investment and business development professional focusing on the mining and resources industry and was formerly the Chairman of “Women in Mining UK” and a member of the advisory board of Mines and Money London. She is currently the portfolio manager South River Asset Management, a specialist fund management 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 insight to peoples experiences

Rob Tyson is joined by Rocky Smith, CEO of Peak Resources, who’s agreed to talk about the company’s exciting rare earth projects in Tanzania and England. He explains why this unique project is coming into fruition and why they selected the UK as a base of operation, along with their aims, core principles and plans for the future. KEY TAKEAWAYS Mining’s effect On Electric Vehicles - Rocky points out that the people who lead the electric vehicle revolution in years to come, will have to realise that additional resources will be needed to meet the demands of EV manufacturing; a fact that the mining industry is already planning for. What makes Rocky’s projects different from other rare earth properties? Rocky identifies not just the size of the rare earth deposits he’s working on, but also the quality of the deposits. His have less phosphates and carbonates than usual, along with a rare lack of radionuclides. Rocky says that the revolutionary processes he is using means that their acid consumption is much lower, as well as the down-streaming costs. This reduces operational costs and makes his team a world leader in terms of cost position. . How does Brexit impact Rocky’s operations in the UK? Rocky’s reasons for choosing to mine in the UK were numerous, including readily available resources, the welcome of the community and suitable waste treatment, which is incredibly important. The infrastructure is there, which means less investment was needed. Economically and environmentally it makes sense to be there. Rare earth metals are critical metals, and especially so to the EU. The mining of rare earth metals will not, in Rocky’s opinion, be significantly impacted by Brexit. They are mainly exempt from tariff issues. Any costs that arise from importing necessary elements into the UK can be absorbed by careful costing. How are Peak Resources hoping to provide a sustainable business model, going forward? Sustainability has many different aspects. In Tanzania, Rocky works extensively alongside the local communities, building schools and investing in water supplies. Having a positive impact in the area is invaluable. It’s vital to invest in not just the current generation, but also future ones, which comes back to Rocky’s point about his operations being “generational” .BEST MOMENTS “It’s difficult to be really successful at this” “To get the maximum value, you need to get to the finish line” “To get to the finish line, you need to know what you’re doing” “Our operations are really a generational entrerprise” “Resources are not a sexy investment” “The electric vehicle transition is going to put a big pinch on the metals being produced” VALUABLE RESOURCES Dig Deep – The Mining Podcast on iTunes Peakresources.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 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 & 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 protected] 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

‘Being honest throughout your career is the best thing you can do, and is respected throughout the industry’ Tim Livesey shares his fascinating career journey from his first role in South Africa to his present role as CEO of Oriole Resources Plc. As someone who has worked for both smaller and larger companies, he has extensive experience in the mining industry across different levels and projects. Listen in now to hear his advice for those who are beginning their own journey in the industry today. KEY TAKEAWAYS Beginning my career in South Africa was an opportunity to work in exploration and get mining experience very early on in my career. It confirmed that I didn’t really like working underground but also gave me a really good understanding of production, of sampling, blasting safety communication and management. South Africa is very different from other places but at a project level there isn’t a great deal of difference, the people who you interact with have the same aspirations. Working in Africa provided me with the opportunity to move upwards more quickly. If there was an opportunity to learn something new I would take it, and this helped broaden my skill set. Working remotely with small teams gives you a great deal of autonomy and when you are working in this way you really get to know the people you are working with. If you have the right mixture of empathy and people skills you can develop positively as a good leader. Stratex International The company had some assets and licences and had tried to get into more advanced projects but the skills in the company were more suited to early exploration. It was about refocusing what was being brought to the investors. The company refocused on the early generation marketplace. The rebranding marked the change of direction and the company then acquired some licences in Cameroon which provided new targets to chase. At the management and strategic level, the company has been refreshed and is moving in a direct direction We’ve tightened the cost structure and have a good understanding of where we want the company to go and what exit strategies look like. I know what people are looking for and as a team, we have a good technical reputation along with strong compliance and administrative teams. We do things properly and invest a lot of time in building social licence and doing the right thing in projects that we run. We have skills in our teams that are pertinent to West Africa geology, so the African, European time zone is where we are best suited. You increase your chances of success by going into good areas with good prospects, good teams and working well with the local government and the local people. If you can align those things then you maximise your chances for success. BEST MOMENTS ‘You don’t measure your social performance by how much you have spent on it’ ‘As a company, we’ve undergone a massive change’ It was a really good apprenticeship for a graduate’ You either adapt or you don’t’ Everything is linked to mining and responsible mining is a positive’ As an industry, we are getting better at promoting the positive effects of what we do but we need to do more to work collectively’ Adaptability is one of the key traits of those who work in the mining industry’ You don’t measure your social performance by how much you have spent on it’ It’s a broad church the mining business and everyone adds something to it’ VALUABLE RESOURCES The Dig Deep Mining Podcast ABOUT THE GUEST Tim Livesey Tim Livesey is the Director & Group CEO of Oriole Resources Plc, an AIM-listed company who are a base metal exploration and development company focusing on Europe and Africa. Tim talks about his journey having worked for some of the big mining houses like Barrick Gold & Anglo American in Africa early in his career before moving back to the UK and working in senior management and getting on the board of a few companies. He concludes explaining the re-branding of Stratex International into now Oriole Resources and why and how they went about doing this. CONTACT METHOD https://orioleresources.com/ https://www.linkedin.com/in/tim-livesey-3744074/?originalSubdomain=uk 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 throug

“The mining industry is changing faster than ever, resulting in both greater growth potential, as well as more disruption and volatility than in years past”. In this episode of the Dig Deep Podcast, Rob interviews Andrew Swart, who is the Canadian Global leader for Mining & Metals for Deloitte and was the author of a report exploring the key mining trends in 2019 globally. Today, he briefly discusses these trends that will affect the mining industry moving forward. You can access this report by clicking: https://www2.deloitte.com/ca/en/pages/energy-and-resources/articles/tracking-the-trends.html KEY TAKEAWAYS Embedding the discipline to deliver measurable value across the cycle. Mining companies should be rethinking their mining strategies. They should be thinking about inherent risks in the portfolio or constructing the portfolio around the risk dimension. In the report, there are key dimensions that mining companies should be taking note of. Moving up the maturity curve. AI and analytics are seen to be moving into many aspects of the mining value chain in all the operations. These emerging techs can be useful in aspects of safety, performance and planning. Exploring a new approach to controls and risk management. Internal Audit 3.0, the next generation of internal audit and risks management. Why innovation requires integration? Across the value chain, it will become easier to determine the drivers and demands for particular commodities. It’s easier to streamline when we’re able to use data effectively also. Finding value beyond compliance. Mining companies should be mindful in each step of the way. They should look at positive environmental and social outcomes. Making the case for a systematic approach. Mining companies should utilise energy and water. They should think about its value to the community. Learning from past mistakes. Review the past and existing capital projects. Look also on how technologies can improve those projects. A blueprint for the future. Think about how you can use technology to enhance the work and the workplace. Ensure also the safety and comfortability of workers. From theory to practice. Mining companies should consider diversity inclusion. The mining industry has been one of the lowest in gender diversity across different industries. EVs and battery minerals provoke the desire for provenance. The industry should push for having ethical grounds when sourcing different minerals. BEST MOMENTS "We really think the time now is the right time for mining companies to rethink their mining strategies.” Rob: Where would you say we are on the actual curve or life cycle – the mining industry as a whole? Andrew: The mining companies begin to move towards digitisation. “One thing we talk about in the report is to move away from the productional linear-type value chain.” “It’s very important that one thinks about how are you going to create long-term value in that area.” “This industry is increasingly finding it hard to attract great talent… Creating more diverse, more inclusive workforces is going to be central to solving the next talent problem.” VALUABLE RESOURCES The top 10 issues transforming the future of mining ABOUT THE GUEST Andrew Swart is the Global Consulting Leader of the Mining & Metals for Deloitte. For over 15 years, he has been consulting for various clients from the industries of oil & gas, mining, CPG, professional services, and government worldwide. Andrew is also the author of the article ‘Tracking the trends 2019: The top 10 issues transforming the future of mining’ published for Deloitte. 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 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 [email protected] Rob’s LinkedIn Mining International Official Website Mining International’s Twitter Mining International’s

What steps should you go through to smoothly grow your career to management in the mining industry? In this episode of the Dig Deep Podcast, Rob invites Keith, an expert exploration geologist, to talk about his journey towards being one of the well-known mining entrepreneurs. He shares some personal stories, from how he got into geology to the current business endeavours he has right now. Discover some great tips and strategies future mining entrepreneurs can acquire so they could be as successful as Keith. They also discussed the future of some commodities and a few recent issues in the mining industry. It would surely feel like you’ve struck gold after listening to Rob and Keith’s discussion. KEY TAKEAWAYS Keith Barron’s interest in geology sprouted at the age of 15 when he moved to the Isle of Man, where the 2nd largest mine in the UK is located. He then decided to pursue Geology at the University of Toronto. After graduating, he started building his career and worked for a lot of mining companies. It was difficult at first to learn the ropes of the management aspect in the mining industry. Keith was lucky to develop his skillset since during his involvement with Geological Survey of Canada regarding a big diamond mine discovery. After this, he decided to do things on his own. He became an entrepreneur, and he built projects in different countries. He had experiences with different commodities and right now, he manages a sapphire mine. According to Keith, a mining entrepreneur should learn how to go out and look at the opportunities waiting for him to be explored. It isn’t for everyone but if you’re driven and ready to risk your net worth, you can be one of the best entrepreneurs in the mining industry. Straight Talk On Mining is one of Keith’s project. He started this continue imparting knowledge to people and also to put his name out there. This made him one of the well-known influencers in the mining industry. What commodities are going to be major forces in the coming years? It has been forecasted that gold production is going to drop in the next years because of its exploration process. There’s going to be a big demand for copper when the production of electronic vehicles starts to rise. There’s going to be a huge development and a lot of researches on metals that are used and can be used for batteries. Why do Keith enjoy mining? It’s the exploration stage that Keith enjoys. You can turn a piece of loose pasture that something worth billions. He’s also happy helping other countries find resources, helping local communities, and increase the GDPs. BEST MOMENTS "Most of my career has been financed by companies, of course, and it’s only in the latter years that I’ve been paying for things for myself… but I said to the students, ‘It’s a wonderful life when you get into things. It’s very very exciting going to different countries and experiencing different cultures.’” “You have to make yourself marketable…willing to go almost anywhere and do any job… not to be frightened about languages and cultures.” “I’m sensible enough to know that you don’t usually hit in the first drill hole. That’s like winning the lottery. It takes perseverance and hard work. If you find deposit and mines, you have to build them.” “People should have a broad target of what they’re hoping in 10-15 years. In the meantime, approach things in baby steps and do the best that you can in the next 2-3 years.” VALUABLE RESOURCES Straight Talk On Mining Aurania Resources Firestone Ventures Inc. U3O8 Corp Barrick Gold Corporation Goldcorp ABOUT THE GUEST Keith Barron has over 32 years of experience in the mining industry. He is an exploration geologist who has been an expert handling various commodity including uranium, platinum, diamonds, industrial minerals, sapphires, and golds. In 2001, Keith has founded Aurelian Resources Inc., a company that focuses on gold exploration in Ecuador. He is also the founder, Director, and major shareholder of uranium explorer U3O8 Corp. and the Director of Firestone Ventures Inc. Keith was awarded the Thayer Lindsley International Discovery Award in March 2008 at the PDAC Convention for his significant contributions in the discovery of the Fruta del Norte gold deposit. Aside from this, on the same year, he was also jointly named the Northern Miner’s Mining Man of the Year. Straight Talk On Mining Email Keith at [email protected] 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 ba

Is cobalt still gonna be a commodity in the next decades? In this episode of the Dig Deep Podcast, Rob talks to Lance, Peter, and Yves from Cobalt Blockchain Inc. They discuss the importance of cobalt, the current political situation of the Democratic Republic of Congo, and everything you need to know about their company. Another interesting thing you’ll hear today is how they ensure that during the process, the sourcing remains ethical and that the safety of the workers is prioritised. This is part of a special where companies can promote themselves and showcase their projects. So, make sure to watch out for the next episodes! KEY TAKEAWAYS Cobalt Blockchain has been based in the Democratic Republic of the Congo (DRC) for over 12 years. They initially discovered two million oz. of gold in DRC. And, for the last 4 years, they’re exploring commodity trading. They’ve been resourcing and exporting tin, tantalum, and tungsten. Cobalt Blockchain wants to make sure that the minerals that tech and automobile companies are procuring are sourced ethically. There should be no children working in the mine sites and there should be a basic workplace safety guideline in place among others. Why cobalt? Cobalt is one of the most supplied minerals on the planet. 70% of it comes from DRC. It wasn’t until the electronic vehicles were introduced that cobalt surfaced as a commodity. By 2040, it might be hard to buy combustion engines as e-vehicles develop. There have been improvements in terms of the political situation in DRC. It still is an attractive country to be working in. Even the existing mining code has been updated ever since. Cobalt Blockchain can provide mineral providence and visibility in the supply chain. It can really demonstrate its value in the mining industry. The company is working with artisanal miners that focus on the high-grade near surface mineralization. This is to ensure that there is certainty of supply. BEST MOMENTS "DRC currently represents about 70% of the world’s supply of cobalt.” “The objective this year is to turn our cobalt hydroxide plant and start to bring the first ethically sourced cobalt." “For 2019, change is coming… I think it’s gonna be a positive year. We’re looking forward to the first hundred days of the president.” VALUABLE RESOURCES Endeavor Conference Cobalt Blockchain Inc. Industry giants fail to tackle child labour allegations in cobalt battery supply chains | Amnesty International ABOUT THE GUEST Lance Hooper is the President & Chief Operating Officer/Director of Cobalt Blockchain Inc. For the past twenty years Lance has developed a broad range of experience in emerging companies where he has played key roles as both an early employee and as a founder. Lance is a named inventor and has been intimately involved with the product development, business development, and sales and marketing of several commercially successful innovations including the world’s first interbank email money transfer service. For the last decade Lance has held senior corporate positions and served as a director with private and public mining companies working in Canada, Peru, Afghanistan and the DRC. Recent work in the DRC includes Kilo Goldmines, a 2Moz gold discovery in the Oriental Province. Lance was most recently President & CEO of Belair African Metals, acquired by COBC, specializing in conflict free tin, tantalum and tungsten concentrates in the DRC. Peter Hooper - Chief Executive Officer / Director Peter is a graduate in mining engineering with 45+ years of broad‐based experience permitting, building, and operating mines, including hands‐on expertise in mine management, engineering, operations and production. His practical work experience spans five continents: North America (Eldorado Nuclear, Sherritt Gordon, J.S. Redpath, Dynatec Engineering, PC Gold); Africa (Rustenburg Platinum, Consolidated Murchison, Prestea Gold Mines, Kilo Gold Mines, PMI Resources, and Nevsun Resources); China (Afcan Mining); Australia (Consolidated Rio Australia); and South America (Latin Gold, Macusani Yellowcake). Peter was the driving force behind a 2Moz gold discovery in NE DRC (2006-2012). Peter served as the Executive Chairman of Belair African Metals - recently acquired by COBC - with operations in Katanga and Maniema provinces in the Democratic Republic of the Congo (DRC). Yves Kabongo - Managing Director of DRC Operations Yves Kabongo started his career at a major Financial Institution as an Analyst and has spent the past 8 years involved with junior mining companies with projects located in Canada, Peru and the DRC. Yves has been with Belair African Metals SARL (acquired by Peat Resources as announced on January 19, 2018) for the past 3 years, and is responsible for managing the day-to-day operations of the project. Source: https://www.cobaltblockchain.net/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 Po

AFRICAN MINING, WILLING PARTIES WORKING TOGETHER. In this episode John Clarke, a mining veteran shares his career journey working in Africa from the Ashanti Goldfields to Great Quest Fertilisers where he is currently the Chairman. This podcast is an opportunity to hear about how John has successfully worked in different countries and the vital aspects that must be considered when you are a guest in another country. KEY TAKEAWAYS Following postgraduate study at Cambridge, John Clarke began his career in South Africa. My goal was to do academic research in an area that I liked, and I was fortunate that I had many opportunities. In Ghana in the 1980s, significant changes were brought about by the government who changed laws to encourage investment and allow people to make a return and the Ashanti Goldfields became the showcase for this. In the mid-nineties we looked outside of Ghana and acquired 3 significant exploration /mining companies for 3 key assets and those 3 assets were brought into production and formed the basis for the bigger Ashanti. The assets were significantly advanced, and we had the skills and ability to raise funds. I had lots of opportunities with Ashanti and worked in many different areas and roles. As a result, I decided that I wanted to make my next move into the junior end of the market, and I moved to Nevson to fulfil this. What is it like working in Africa? Usually, you are working in somebody else’s country. To keep the support of the local government it's important to be developing a local company which is recognised and accepted locally, employing local people and developing their skills In Africa, you are dealing with governments who want mining to be successful. Social responsibility Social responsibility is a keystone for any company working anywhere we all have to be within the communities we work and live in at both a local and national level. Within the industry people do adhere to social responsibility, people do work on it and seek to improve things. What opportunities are there in Eritrea? Eritrea is frontier country again it's wide open for business and there is the chance of new discoveries. There is a lot of good will at government and international levels. Have all your management roles been different? It’s all about the team. We can’t have all the skills for the job, we can’t be the ultimate expert in every area. We may have worked in the discipline and have a better understanding of what it entails but working as a team provides group expertise. What advice would you give to anyone wanting to move into senior position? I consciously went looking for experiences to further my career plan. I was able to study areas such as accounting that would never be my career, but the part-time studies gave me the chance to understand better how people worked in these areas as their careers. Great Quest Fertiliser When I was first involved Great Quest was a gold mining exploration company with an interesting portfolio. They diversified into phosphates in northern Mali and the quality and grade were ideal for direct application fertiliser. Currently, the management of Great Quest is looking at a route for the direct supply of the fertiliser and associated products. They will produce eventually for a local market with a reasonable margin without having to bring in products from elsewhere. BEST MOMENTS ‘Mining will always be with us, society needs our product’ ‘Always obey the law, no shortcuts’ ‘It’s our job to let them know how we can do the job cleanly and efficiently’ ‘All companies are just groups of people working together’ ‘It’s a people business at the end of the day’ ‘It's got a bad rap, because people don’t understand how many things are dependent on it’ ‘You can use downtime on a fly in fly out work contract to study acquiring new skills’ ‘There isn’t much that doesn’t require something that has come from mining’ ‘You are working as a guest worker’ ‘In Africa, you are dealing with governments who want mining to be successful’ ‘The bottom line is willing parties working together’ VALUABLE RESOURCES https://itunes.apple.com/gb/podcast/dig-deep-the-mining-podcast-podcast/id1440020656?mt=2 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 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 a

In this episode, Rob interviews Tim Daffern. They discuss the routes that can be taken at the beginning of a mining career and also the skills and attributes that any aspiring MD should be looking to develop as their career progresses. We also gain an insight into how Tim has managed companies through challenging periods and the skills he has employed to successfully turn them around. KEY TAKEAWAYS Tim’s mining career began in his native Australia where after university he started out as an operative and then had further training as he progressed. He has always seen engineering and technical skills whilst working with the men and the machinery as the cornerstone to his strengths providing him with the platform to reach senior and executive management. He always had an interest in the technical and wanted to know why it was being done that way and if it could be done differently to bring improvements. What advice would you offer a graduate? All young graduates should seek roles in operating, there are more opportunities in Australia due to the scale of mining. A lot of UK mines, including London based financial businesses like graduates who’ve gone out to Africa or Australia and done 5 or 7 years to gain practical experience, there are potentially very good jobs in the UK in consulting, financial institutions or in operating mines. What are some of the key skills in executive management? Fundamentally it's about teamwork and about pragmatic leadership. It is about having profoundly strong engineering and technical skills and sharing those in a way that is about teaching other people to solve problems. It’s not about giving the solutions it's about working as a team and helping the team to develop their problem-solving skills. Establishing a peer review process will help build the skills of the team further. You’ve worked for mining companies, consultancies and a merchant bank What the difference between these organisations? There are similarities – you need to have a good understanding of technical and engineering matters across all areas. You need to be strong communicator, with good written and verbal skills. You need to have confidence in your own skill level The differences are; Mining Operation is focused on cash generation Consultancy is about providing detailed advice Merchant banking involves both complex commercial skills as well as an understanding of a corporate situation. Would you need different attributes for each area/ organisation? In Merchant banking, you need to be very articulate so this would need to be a very strong skill, a solid commercial corporate understanding is also necessary. A Mining company is about balancing and compromising between technical operations and cost. In Consultancy, you are hired to produce detailed reports and you need detailed technical skills and the communication skills both to record accurately and present your work to others. What should someone who has aspirations to be a CEO or MD look to develop? Start with teamwork, you must be comfortable both as leader, follower and team member. Developing your own interpersonal skills is a key attribute. You should develop strong technical and engineering skills – ‘a need to know, how this works?’ You will also need to develop commercial skills building these up through a Master’s programme or professional training. – many individuals further their business administration skills through an MBA. Throughout your career working in different areas will develop an understanding of sales, accounting, administration, human resources, and marketing You need, not only to have the full range of skills but also breadth and depth across those skills, being an MD is about a commitment to the investors and shareholders - a responsibility – you are trying to return a good profit to the shareholders. BEST MOMENTS ‘It’s because they have practical experience’ ‘To have credibility you need to have 5 years in a practical role/ site experience’ ‘Miners are very innovative artisans’ ‘It’s not just a blunt 2-dimensional task it’s a 3-dimensional approach to hueing rock out of the ground’ ‘Get out there and get practical work’ ‘Working together as a team’ It's demanding but intensely satisfying’ ‘Providing resources for society to continue to develop’ ‘Keep it practical’ VALUABLE RESOURCES https://itunes.apple.com/gb/podcast/dig-deep-the-mining-podcast-podcast/id1440020656?mt=2 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 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 h

In this international episode, Rob visits and interviews Rodney Lacy who is currently working in Saudi Arabia, mining phosphate. They discuss the role of the expat and what you should be doing if you aspire to be a successful general manager in the industry. Listen in to find out more about the development of mining in Saudi Arabia and the opportunities available. KEY TAKEAWAYS What Is It Like To Work As An Expat? It can be difficult to get into the overseas market but if you can get in and build a reputation it can be a very positive career path. Moving overseas for me has been the equivalent of gaining a master’s degree because I’ve learnt so much. Getting into the expat role was a career-changing experience for me. When you are an expat you’re a guest in the country and your job is to pass your knowledge on to your local counterpart. The experiences you have, the places you go and the people you meet make it very rewarding and outweigh any financial gains. What Key skills Do You Need As A General Manager? Good people skills. You’ve got to enjoy and understand working with people We have a job to do – but we spend more time with our colleagues than our families it’s important to be compassionate. The desire to help other people. A well-rounded background in mining with tertiary skills in areas including maintenance and engineering A love of mining. Knowledge of budgeting and an understanding of all financial aspects connected with your areas of responsibility. What Advice Would You Give To Someone Aspiring To Be A General Manager? Get involved with your company, you might have expertise in operations but volunteer your time to get involved in and find out about areas such as engineering and maintenance as this will increase your skill base. Continue your education and seek to further it. Gaining an MBA will help to develop and increase your understanding of the business as a complete entity. The general manager role is one where you have to know enough about everything in order to function successfully. BEST MOMENTS ‘I never envisioned myself as being a world traveller but if you have an opportunity to go overseas you are going to meet a lot of great people ‘ ‘Be brave enough to step out and learn, others will see you are willing’ ‘You have to have enough vision to see where something might take you’ 'You can learn something from even your worst boss’ ‘It’s a rewarding experience, you really accomplish something’ ‘I have been able to put into practice things I’ve learnt from across the world’ ‘Good miners make the job look easy’ ‘Mining – it’s a very honourable business’ VALUABLE RESOURCES https://itunes.apple.com/gb/podcast/dig-deep-the-mining-podcast-podcast/id1440020656?mt=2 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 into 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, the 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 https://www.mining-international.org/ https://www.linkedin.com/in/rob-tyson-3a26a68/?originalSubdomain=uk https://twitter.com/miningconsult https://en-gb.facebook.com/public/Rob-Tyson ABOUT THE GUEST Rodney Lacy Rodney Lacy is General Manager of Saudi Comedat in Saudi Arabia. Saudi Comedat are partnering with Ma’aden Phosphate Company (MPC) at the Al-Jalamid phosphate mine where they are contracted to provide total mining services at one of the Kingdom’s largest mining projects. Rodney began his mining career in New Mexico and is a first-generation miner within his family. He has worked across the world and has been involved in mining minerals and coal in a range of different situations. In his current role in Saudi Arabia, he is growing Saudi Comedat into a world-class contract mining company. CONTACT METHOD [email protected] https://www.linkedin.com/in/rodney-lacy-47306636/

In this podcast, Andrew Bell talks about his journey from working as a natural resources analyst at Morgan Grenfell & Co back in the 70s through to his role as chairman with Red Rock and Regency Mining the companies he is currently involved in. He gives investment tips if you're looking to invest in mining and resources companies on the stock exchange and what you should be looking for in a company. He explains what’s happening in the finance and private equity markets at the moment and the challenges mining companies are facing in securing finance. KEY TAKEAWAYS Red Rock Resources Is a mix of investments and partners and follows a structure associated with corporate finance. The company has a policy of developing assets then selling them out and keeping a royalty or interest. Red Rock is focused on production and to get things into operation works with others. Regency Mines This company didn’t have an immediate revenue production prospect so initially, it was pared back to be as lean as possible. Recently it has moved into metallurgical coal in the United States and this has been a good profit generator. The destinies of the companies continue to be separate as merging would create a relatively small company with too wide a range of mineral interests. Attracting Finance Markets are better at raising short term money than long term money because people want to make money fast. Banks will never be at the front line for lending to mining as they always want to see a lot of equity return for their lending. Junior miners look towards private equity companies and private investors for finance. For a more informed investor who is looking longer term, working with a company that has clear strategies for generating revenue will be a good mix. There are always good stocks to invest in and currently, it is a good time to be looking for value. Investing Look for combination of a good project with a path to production or cash flow and a management that is dedicated to producing that cash flow Influence You can learn from and be influenced by people, from them working in the same industry even if you don’t work with or have met them. People who have built companies in the same area can all influence to some degree as you can look and see what they did right BEST MOMENTS ‘We are sure that in the end, this will come right’ ‘Nothing, of course, is a straight line up’ ‘We don’t just talk the talk about production we’ve actually done it’ ‘It's about creating something we can be proud of’ ‘If there is an opportunity, it is just about persevering’ ‘We have to grow, recruit new people, have new ideas’ ABOUT THE GUEST Andrew Bell Andrew Bell is the Chairman and Chief Executive of Red Rock Resources and Regency Mines, both natural resource exploration and development companies who are listed on London’s AIM market who manage a diverse portfolio of mining and oil and gas projects and investments around the world. Andrew’s business experience has been around fund management and advisory work with leading financial institutions, international corporate finance work and private equity and he has a number of company directorships. Contact Information: Email: [email protected] Twitter: armcmb1 LinkedIn: https://www.linkedin.com/in/andrew-bell-20216819/ 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 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 [email protected] Rob’s LinkedIn Mining International Official Website Mining International’s Twitter Mining International’s Facebook

In this episode we find out about the role of consultants within the mining industry. Andy Carter provides a wealth of information about how consultancies work and the types of projects they work on. He shares his own fascinating professional journey and offers advice about the skills that are desirable in a good consultancy. KEY TAKE AWAYS In South Africa mining engineers were able to pursue technical challenges with vigour and given time to investigate in great depth. Today cost and time are limiting factors for investigations to this degree. Pursuing professional opportunities to work around all of the English-speaking world resulted in being well equipped to cope with any challenge. Establishing a network through contacts is vital. You need to continue to build that network, maintain that network and develop further that network. At any gathering, make sure you don’t ever leave with nothing even if just a referral Make sure you ask for work and if they don’t have any then maybe they know someone who does. Key for a successful telephone pitch are: Be prepared Rehearse it Think through what you want to say before you make the call A consultancy can lead clients through the complete process from geo sampling through to the end of the process. Consultancies essentially produce technical reports and these reports are used for financing. “We facilitate the transactions between to client and the bank, essentially our reports are the show and tell element.” Mining companies use consultancies as lots of companies do not have resources or technical knowledge. It is now a requirement under 43101 third party opinion that the report has been put together by an independent party and a consultancy fulfils this requirement. When we propose a particular solution it’s about persuading the client to take a particular path and demonstrating how the solution can work BEST MOMENTS “Sound grounding in the fundamentals” “Consultants are essentially engineers, scientists, technologists who do consulting”. “Credibility – if you never been near a mine or sharp end its obvious to client” “Even today the fabric of our society is based on mineral exploitation, just about everything around us comes from out of the ground” ABOUT THE GUEST Andy Carter Andy Carter, Technical Director of Coffey Geotechnics UK, a wholly owned subsidiary of Tetra Tech Inc. and leader of their Swindon mining group who shares his journey from starting his career after graduating and moving to work in South Africa and then Canada working in mineral consultancy space. He explains in more detail the consultancy industry and how it has developed, the important role it plays in the industry and the future of this sector. With around 40 years industry experience, Andy shares his wealth of knowledge and experience in mineral processing and what the future holds with certain minerals now becoming more prominent in new technologies that are being developed. 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 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 [email protected] Rob’s LinkedIn Mining International Official Website Mining International’s Twitter Mining International’s Facebook

In this interview with David Norvals, Rob explores David’s professional journey through the mining industry, and they discuss in detail the opportunities and challenges of setting up a business in Africa. This podcast gives an insight into some of the challenges which are specific to Africa, but David also shares his knowledge about how and why companies have been successful. If you are interested in understanding more about this fascinating area of the world and its mining industry, then this podcast is provides the answers. KEY TAKE AWAYS Exploring the opportunities and challenges for setting up a business in Africa. When you go from a more sophisticated country you think you can easily identify investment areas. Businesses’ generally start out from a need for something and willingness to work with expats and locals to provide those products and meet the need. A possible restricting element is capital – registering a business in Ghana is easy but raising local capital or dealing in the local currency is challenging You have to carefully consider if you have sufficient resources, have you planned for the possible risks potentially affecting African countries. The Ebola Outbreak shut down the economy in Africa. It is the type of risk that wouldn’t be expected in Europe. Someone starting business in Africa needs to partner with someone local – often African countries look the same and you think they are, but the reality is that they are all very different and misunderstanding this is a mistake many make. It’s vital that you to understand what’s going on Finding the right partner is someone who has the same goals values and agrees with the company objectives. In Africa you have to also be politically aware, understanding that the local partner you have now might not be the right partner in the future due to the changing political landscape. BEST MOMENTS “Being in the UK at an international company gave me access to people from all over the world. People with amazing ideas” “When you go from a more sophisticated country you think you can easily identify investment areas.” “Modern mining employs less and less people every year due to technology Local communities asking what they get out of it” ABOUT THE GUEST Dave Norvals Originally from South Africa, Dave Norval has been involved in suppling services to the mining industry for the past 30+ years and In this podcast, Dave shares his career and journey where he has been heavily involved in the mining industry in Africa and more so in Ghana so has a wealth of expat experience. He shares his experience and provides advice in setting up business in Africa and what you should do, the pitfalls to avoid and the challenges you may be faced with. 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 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 [email protected] Rob’s LinkedIn Mining International Official Website Mining International’s Twitter Mining International’s Facebook

Welcome back to Dig Deep: The Mining Podcast with your host Rob Tyson. In this episode, Rob is at the Mining and Money conference in London where he interviewed MD & CEO of Resolute Mining John Welborn. Their conversation takes them from John’s former career as a professional rugby player to his modern-day role as CEO of Resolute Mining. John talks with passion about leading the development of the first fully automated underground mine. Key Takeaways Transition from Professional Sport. It’s a difficult transition from playing professional rugby to business. One week you will have 40 thousand people cheering you and the next you are working 7 am until midnight in business. It’s tough to change career in that way. John spoke that having that profile as a sportsman helped him in his career, as an accountant, investment banker and as a CEO of a mining company. What kills did you take from sport into your business career? I think mainly the benefit of focus. I was attracted to the tactical nature of rugby. Each position a specific different role, whether that’s the half-back or prop. In a mining company, we bring together similarly lots of different skill sets from geologists, engineers and financiers. There is a range of disciplines but in the same way that a rugby can be successful if they are brought together under one goal by their coach, business is the same and we are trying to do that with Resolute. Transition from Finance to Mining. I had initially focused on banking but I was offered an opportunity to interview for a job a small zinc development company. All I could think was, what would I know about running a mining company? However, during the interview, I convinced myself that I was going to be able to run the company. My insolvency background helped, as the mining industry was going through a difficult moment at that point and we were to reposition the company in a different direction. Starting In Resolute Mining. I was working in the same building as Resolute for many years. Working. It’s been a leading gold producing company for over 25 years. It was a pioneer for an Australian company going and working into Africa, in Ghana initially. John firstly joining a non-exec in and then became the CEO three years ago. What is happening at Resolute Mining currently? Although the asset is the same in terms of mines since John first starter the team have been really successful in repositioning the company into a different space. We are launching the world's first autonomous underground mine, we’ve been upgrading the infrastructure, solar hybrid power mission, invest in that mine. We have three mines that have ten-year lifespan, which sets us up nicely or the next phase. Why the Automated Mine? I guess it’s a combination of study and ambition, and the desire to build the best mine possible. Mining is a high-risk business so everyone looks to low-risk solutions, which means people often do things they have always done in the past. We saw this as an opportunity to enhance the value of the mine through automation, processing infrastructure, and creating a solar power plant. The study programme. We looked at different mines around the world to see how it has been for other companies who are retrofitting their mines for automation. We asked them why they went down this route. We were able to speak to people who had experience incorporate that into the feasibility studies. Designing the mine for the automation rather than retrofit is a key feature. We are confident we are going to save money. We believe that is where the industry is going and that it will increase opportunities for employment in the future and improve safety. What advice would you give to people who are thinking about automation? Making sure that you understand your business. Mining is actually is a subcontracting business you risk share with other companies, buying the equipment an partnering them to run and maintain that equipment. When things are automated your relationship between your supplier changes. Equipment provider changes to a different kind of relationship. If you're looking at automation, make sure you understand the roles of your partners. Make sure your investors are fully on board and recognise the changing skill set you will need in the company with automation. What’s the future look like? After the successful launch of the automated mine, we will then be looking to spread our wings. Next stage will be discovering new places around the world. We have a history of discovering and building new mines successfully. We are looking to establish a portfolio of mines and provide value to our shareholders. We are focusing on Africa, as there are lots more exploration possibilities and governments are willing to partner with mines. Why do you enjoy mining? The excitement for the exploration, the challenge of a competitive industry, complexity of the task involved, and one that is high risk, but very rewarding. Who has been the most infl

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 TAKEAWAYSChallenges 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 HOSTPat 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/

The path to be successful in the mining industry is not the same for everyone. As long as you’re motivated to realize your visions, then it doesn’t matter what path you take. Our guest for today, Lester Kemp, might stop your doubts and inspire you. Lester Kemp is a mining entrepreneur who manages various mining companies (Arabian Nubian Resources, Gigawatt Metals Limited, etc.) He is also the host of The Bush Geologist on YouTube. This episode of “Dig Deep” The Mining podcast is for anyone that wants to expand their mind and look at the bigger picture, not necessarily going down the traditional route of working for the large mining companies or consultancies. Lester shares his personal and career experiences from the time he started his first rock collection when he was a child to leading some mining companies. He also describes the different mining cultures in the countries he’s been. If you’re like Lester who enjoys practising his profession and at the same time, exploring the world, start tuning in since he gives great tips to make working overseas worthwhile. KEY TAKEAWAYS What attracted you to the mining industry? Lester migrated across the world when he was young because of his dad. His dad was an engineer and wherever his dad goes, Lester and his mother follow. One time, in a jewellery store in Brazil, while his dad was buying his mother rings, young Lester snooped around the shop and got enthralled how the jeweller make the rings. That immediately sparked an interest which made him start his rock collection and eventually study geology. Lester describes how different are the mining cultures of the countries he's been on in South America, Africa, and Europe. Challenges on the site are way more apparent in the third-world countries. Sometimes, you got to do tasks that are outside of your responsibilities. Communicating can be a bit difficult but what excites Lester is the new things he can learn every time. Lester's advice to who wants to be expats: "Do your research. Speak to friends. Develop a network and ask questions. If you want to do it, do it. Push hard for it. It might be quite daunting going away from home for a while. You'll miss friends and family, but you'll be looked after, you'll enjoy yourself, and you'll wish you would've done it before." Lester also gives advice to people who want to be an entrepreneur in the mining industry. He says to be creative and be aware of what's going on in the markets. Research and create pitches that will raise funds. Develop a network and get great advice from the experts in the mining industry. BEST MOMENTS "You've got to adapt and understand the level of cultures... You should immerse yourself into things." "For any young budding entrepreneur, don't be shy, go on LinkedIn, try to establish connections, see those connections and what experience they have, and talk to them. Try and get mentors in different sectors of the mining industry." "I like travelling. I like going out and visiting the different parts of the world... I love the idea of discoveries. Not every geologist is lucky enough to make discoveries but it's the thing that attracts me. It's a great sect and business to be in." "Don't be afraid to ask. If you run up against a problem, ask around. there's always someone who's experienced the same thing as you... That comes down to networking. Just develop your network as much as you can." VALUABLE RESOURCES Gigawatt Metals Century Cobalt Charge Metals Arabian Nubian Resources The Bush Geologist Youtube Channel 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 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. ABOUT THE GUEST Lester Kemp is a mining entrepreneur who has worked all over the world exploration and developing deposits in search for that ultimate prize. He shares his journey and gives valuable advice and content to think differentl

From mining to finance to mining again, our guest for today’s episode of “Dig Deep” The Mining Podcast, Jeremy Wrathall, is ready to share his experiences in both industries. Discover how Jeremy is helping the county of Cornwall be on the top of the British mining game again. Through his company Cornish Lithium, Jeremy is looking into collecting lithium in and around Cornwall. Jeremy says that lithium will have a huge impact, not just on the mining industry, but all other industries that benefit from it since it’s one of the main components of batteries. His technical experiences in mining and finance surely is a winning combo to start the exploration of lithium in Cornwall. Learn what are the similarities and differences between the two fields and how you could harness both to land on greater opportunities in the mining industry. If you’re one of the mining professionals who also want to make the shift or simply improve your skillset with finance/banking background, then listen to Jeremy as he reveals his tips and strategies on this podcast. KEY TAKEAWAYS What are the differences between the mining and the banking industry? There are multiple differences, especially in the technical aspects, but there are also strong similarities. In the latter part of the mining industry, we focus on the finances, eval projects, or feasibility studies. Mining also involves operations and raising finance when building companies. The differences and similarities in the cultures of the mining and baking industries. In the finance industry, there's a lot of stuff that you need to be updated on. You have to keep an eye and be analytic on the current political news, stocks, currency rates, etc. In the mining industry, you just have to focus on the operations itself. "If I was gonna try and do what I've done with Cornish Lithium without my background, no one would've taken me seriously." The combination of his knowledge of mining, geology, and finance has helped a lot in approaching investors and starting projects. Jeremy also gives advice for people who are looking into shifting from the mining industry to the finance industry also. He encourages to take a conversion course (i.e. a Master's Degree in Business) since it will be difficult to conventionally acquire those technical finance skillsets. Remember to be dedicated once you start the journey. Why lithium? It was 2016 when Jeremy got interested in electric cars. The advancement in electric cars will have a massive effect on the mining industry. For example, an electric car uses 4x much copper than a conventional car. Lithium is used roughly 50% in batteries now. Jeremy thinks the mining industry is ill-prepared for the moment for these demands in the future. BEST MOMENTS "Lithium is going to be one of the most important commodities the mining industry has to cope with in the next 20 years." "In the financial industry, when you finance mines, you got to be both an optimist and a realist." "The biggest pleasure with the baking industry is enabling people to fulfil that dream - raising money to build mines." "You have to have a clear vision and direction. It may not necessarily be where you end up but if you know where you get to, it's all part of the journey." VALUABLE RESOURCES Cornish Lithium 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 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. ABOUT THE GUEST Jeremy Wrathall is the Managing Director of Cornish Lithium who are looking to explore and develop lithium in and around Cornwall in the UK and this podcast gives an insight in to how Jeremy who studied mine engineering at the Camborne School of Mines then moved into finance/banking before returning to the mining sector, giving an account and advice on anyone looking at a similar career path from mine engineer into a mining finance expert. This background has give

Technical skills alone are not enough to prove you’re the best in the mining industry. Have you tried tapping into your leadership potential? This could set you apart from the other, especially if you want to climb up the corporate ladder. In this episode of “Dig Deep” The Mining Podcast, I talk to Nick Clarke, the Chief Executive Officer of Central Asia Metals, PLC. From mining engineering to management, Nick’s got the best of both worlds. Nick shares his journey in the early years as a mining engineer in South Africa earning his stripes before entering management where he explains how you can be successful in your career. He continues to elaborate on how to make a mine operation work and be profitable which he has successfully done a few times. He also talks about the fundamentals of operating a mine and what to look out for and not blame the external environments why you can’t succeed. KEY TAKEAWAYS Nick shares how he made the transition from mining engineering to management. Nick spent a few years in South Africa during the 1970s. Though it was difficult to learn the trade since he was new and away from home, he was determined to do so. Nick was attracted with the opportunity to travel that's why he pursued mining engineering. During his time, there were a lot of opportunities for emerging professionals overseas. But today, young graduates are having a hard time getting a job posting. Nick was named CEO of the year by the Mining Journal back in 2013. Nick says it meant a lot for him to receive the award since his shift, though fulfilling, was tough. He went from running a small group of people in the mine to running the whole team of the company. He learned the trade and was eager to be worthy in his new role. Metals go in cycles. Metal prices don't continually increase. Do your sums and work it out so if the prices get too low, you can still stay in business. Nick's advice for mining companies: "Don't go overleverage. Keep your loans manageable. Stay with a bite size. Stay comfortable... where if it doesn't go right, it's not gonna kill the company." BEST MOMENTS " Your college degree doesn't give you an automatic right to anything. Put your back into and do some hard yards. Learn the craft." "You always get challenges. You get people that are not fit for the role. Management requires you to ensure that you deal with that. You can't brush it under the carpet anymore." "Surround yourself with people that are better than you if you can." VALUABLE RESOURCES Central Asia Metals 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 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. ABOUT THE GUEST Nick Clarke has a long career in the mining industry spanning over 40 years so has seen many success and failures, been through a few bust and boom mining markets and has experienced this in some very high-profile positions. Now he is the Chairman of Central Asia Metals who have operations in Central Asia and from his offices in Mayfair London. He was also named as CEO of the year at the Mining Journal outstanding achievements awards back in 2013 and describes what this meant to him. He finishes by telling me what lies ahead and for the future of Central Asia Metals. CONTACT METHOD Rob Tyson Email Rob at [email protected] Rob’s LinkedIn Mining International Official Website Mining International’s Twitter Mining International’s Facebook Nick Clarke Email Nick at [email protected]

Welcome to the first ever episode of “Dig Deep” The Mining Podcast! Today, let’s meet the host, Rob Tyson, and know more about what he’s got something up his sleeve for the next episodes! Aside from being the Director of Mining International Ltd., Rob is passionate about helping the mining community and aims to do it through this podcast. Rob lets you in the reason why he chose the podcasting platform, how he plans to interview mining people, and how you could be part of this endeavour. In the next episodes, Rob will be chatting with mining pioneers, experts, and professionals about their stories – the journeys they went through that were full of challenges and also successes that have affected their personal lives and careers. There will also be non-mining topics that will be covered but will surely help you in your journey in mining. Rob also insists that you subscribe to “Dig Deep” The Mining Podcast on iTunes, Stitcher, or on any of your favourite podcasting apps to give suggestions and feedbacks. Let’s discuss! KEY TAKEAWAYS Rob has been in the recruitment industry for 18 years in and outside the UK. He started working for an industrial recruitment agency in the year 2000. After that, he decided to live in Australia and worked for different companies for the next year. It was in 2008 that his consultancy company let him start a mining division. He was learning and contributing a lot in his field. In 2013, he had to go back to the UK to be with his family. It was also the year he started his own mining recruitment company, Mining International Ltd. Why start a podcast that focuses on mining? Rob is passionate to help the mining industry by providing valuable content and solutions to real-life situations. He will interview mining professionals that are happy to share knowledge, stories, and tips to the mining community. 100 million people are involved in mining worldwide. It’s an important livelihood on poverty-affected areas. Many outside the mining industry are not aware how important is mining to their everyday lives. If you want to be one of the guests, make sure to contact Rob. You can share your mining-related stories and at the same time showcase your company, projects, advocacies, etc. BEST MOMENTS "So, why am I doing this podcast? A few reasons... I wanna give something back to the mining community. I've been working in this industry now for nine years or so and I'm passionate about the industry. I wanna make a difference in people's lives." "It gives a platform out to the wider mining community... It's another social platform where they could broadcast their message to the wider community." "In the UK, podcasting is relatively new... but voice media will have a grow and influence in the social media field." VALUABLE RESOURCES “Dig Deep” The Mining Podcast iTunes|Stitcher Mining International Official Website 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 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 [email protected] Rob’s LinkedIn Mining International Official Website Mining International’s Twitter Mining International’s Facebook

Up to now, ICL is still the first and only producers of polyhalite. Polyhalite deserves the attention that it’s getting since it’s about to disrupt the fertilizer industry. Today in “Dig Deep” The Mining Podcast, I chat with Andrew Fulton, the Vice President and General Manager of ICL Group, about his career and the working culture in UK & South Africa. He also emphasizes that mining professionals should see the importance of scientific knowledge and its practical applications to become more valuable in the industry. Listen in as Andrew explains his journey from graduating and getting his first graduate role, then developing his experience on site before returning to the UK to then head up Cleveland Potash. With the deepest mine in the UK, Andrew is driving the operation forward. He explains how the company turned its fortunes around and how focusing on this commodity increased the production of polyhalite to secure the future of the mine and that of the local community who work there. KEY TAKEAWAYS The difference of working in the UK and South Africa, according to Andrew: "UK is a stable and secure environment to operate in. South Africa in 1990s is far from that. It is immersed in the apartheid period, sanctions, and constraints." For new graduates in the UK, it's understandable that they go overseas to practice their craft since it's hard to have a field mine experience here in the UK. Both the practical and technical side of mining is important. But, if you worry that you exceed far greater on one than the other one, Andrew assures you that it's okay. The mining industry needs both so you'll find a sector where you'll be valuable. ICL is the leading fertilizer manufacturer and has sites across the world. One of the sites is located in Israel which is one of the low-cost producers of fertilizers. it the first in the world to mine polyhalite. BEST MOMENTS " "I know it's hard. but if they keep looking...if you've got enough to prove you can do and you shine, well, those opportunities make themselves available to you." "It'll always be a balance. I can't recommend to individual graduates which is the best path for them. That's gonna be something that they will determine." "It's an exciting place to be. As an individual, I always leave the site believing I learned something new and I develop every day." VALUABLE RESOURCES UK Coal Israel Chemical Ltd. (ICL) Group Cleveland Potash 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 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. ABOUT THE GUEST Andrew Fulton has a long history in the mining sector working in the coal mines of South Africa at the start of his career before returning to the UK with UK Coal. He is now the Vice President and GM of the ICL Group who owns the Cleveland Potash mine up in the Redcar/Cleveland area which is in the North East of the UK. It has become the first mine in the world to mine polyhalite which is a fertilizer carrying the benefits of sulphur, potassium, magnesium and calcium which is used in the fertilizer market. CONTACT METHOD Rob Tyson Email Rob at [email protected] Rob’s LinkedIn Mining International Official Website Mining International’s Twitter Mining International’s Facebook Andrew Fulton Email Andrew at [email protected] Andrew’s LinkedIn

If you’re a newbie or an emerging professional who wants to position himself in the mining industry, then the guest for today’s episode of “Dig Deep” - The Mining Podcast Dennis Thomas, the Chief Executive Officer for Phoenix Global Mining can surely help you! Rob chats with Dennis about his experiences in the mining and recruitment industry. He has had directorial jobs for mining companies in the UK and other foreign countries throughout the years. He has visited sites and had hands-on experiences. This is in addition to what he’s been doing in his recruitment business: scouting the best mining team and advising the mining executives in improving their operations. Aside from these, Dennis also gives pieces of advice to the incoming professionals and shares his insights on the future of the industry. Make sure to listen in to decide on what steps you should take for your career. KEY TAKEAWAYS From mining to recruitment. Dennis’ fascination with rocks when he was a child led him to pursue mining engineering. He practised his profession in different countries including Uganda, South Africa, Russia, and Nigeria. It was when he got back to the UK for good that he was given a directorial job that involves recruitment and consulting. How's the mining industry in terms of recruitment? According to Rob, it's different and difficult recruiting in the mining industry. there's a lot of factors to consider - salary, living conditions, security, roster, etc. Lessons that he's learned along the way. Remember to be patient with people in the recruitment business. Treat people with a certain degree of empathy and always try to help them. What's mining's future like in the next 3-5 years? One of the developments in the world is the move to green energy - electrical vehicles, wind farms, etc. In the midst of a trade war, there's also a shortage of copper and other significant minerals that need to be addressed. From a recruiter's perspective, there's a lot of juniors out there entering the industry. Dennis: "We've got to represent ourselves a lot better than we are." One of the things that need improving in the industry is how to show valuable mining is to the world. People are unaware of that so promotion and advertising are needed. BEST MOMENTS "I think the thing about the mining industry is it's full of characters... some good ones, some bad ones... most, I would say, mining people are of the highest ethical standards. that's something that's imbued in us." "People have to live. A lot of people don't realize that the world wouldn't exist without the mining industry." "The first great industry in the world is agriculture and farming because we have to eat and the second great industry is mining." VALUABLE RESOURCES Telex Phoenix Global Mining (PGM) Cliffs Natural Resources Phoenix Global Mining (PGM) 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 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. ABOUT THE GUEST A well-known industry expert, Dennis Thomas has over 40 years of experience in the mining and recruitment industry having trained as a mine engineer but later went into the recruitment industry and successfully built a recruitment business over 30 plus years and was the leading mining recruitment consultancy in the UK. This led to further exploration, curiosity and extensive learning around the identification of new mining businesses and global opportunities worthy of potential investment. Having sold his recruitment business 4-5 years ago, Dennis now serves as the Chief Executive Officer for Phoenix Global Mining and more recently they listed on the New York stock exchange. He possesses considerable experience gained via both Executive and Non-Executive Directorships for a number of UK, North American, Australian and Far East mining companies. Dennis is well-versed in the evaluation of mineral opportuniti