The Northern Miner Podcast

In this episode, acting editor-in-chief Trish Saywell interviews Americas Silver CEO Darren Blasutti on macroeconomics, silver prices and the economic challenges of silver miners. Blasutti says many silver companies will need much higher prices before they can enjoy the financial benefits because of an excess of high-grading at low prices. He also discusses developments at the company's Relief Canyon gold project in Nevada. Topics include: 2019 as the worst year in a decade for raising equity; whether consolidation is needed in the mid-tier gold mining space; the need for self-funding models; and the importance of listening to shareholders. Visit Americas Silver Corp at https://www.americassilvercorp.com for more information. This podcast is sponsored by the Yukon Mining Alliance (www.yukonminingalliance.ca). Music Credits: “Miami Nights – Main Theme” and “Hiding Your Reality” by Kevin MacLeod (www.incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

This week’s episode features an interview with Lucara Diamond president and CEO Eira Thomas on what the company is doing to respond to challenges in the diamond market, including competition with synthetic diamonds, as well as the need for consolidation in the diamond space, and why the company plans to maintain its 7% dividend. The interview was conducted by Dean McPherson, TMX Group head of business development for global mining, at the 2019 Canadian Mining Symposium, which took place at Canada House in London in May 2019. Topics include: the benefits of running a company with women in 80% of leadership roles; synthetic diamonds as an entry-level product into the diamond market; the pitfalls and benefits of M&A; and how the company plans to remain profitable in a challenging space. This podcast is sponsored by the Yukon Mining Alliance (www.yukonminingalliance.ca). Music Credits: “Miami Nights – Main Theme” and “Hiding Your Reality” by Kevin MacLeod (www.incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

This episode features a speech on the difficulties of raising capital by Steve Letwin, Iamgold president and CEO, at The Northern Miner's Canadian Mining Symposium, which took place at Canada House in London in May 2019.  In his trademark plain-spoken style, Steve explains the pre-eminent importance of cash flow to the current market environment and why capital intensive businesses such as junior mining will continue to struggle with passive investors. Topics include: 2019 as the worst year in a decade for raising equity; whether consolidation is needed in the mid-tier gold mining space; the need for self-funding models; and the importance of listening to shareholders. Our “Mining Minute” sponsored segment has Peter Corcoran, vice-president of Sandvik Mining and Rock Technology Canada, speaking on Sandvik’s R&D and its work on Barrick Gold's Hemlo mine. Visit www.rocktechnology.sandvik/en/contact-us/world/americas/canada/ and www.home.sandvik/en/ for more information. This podcast is sponsored by the Yukon Mining Alliance (www.yukonminingalliance.ca). Music Credits: “Miami Nights – Main Theme” and “Hiding Your Reality” by Kevin MacLeod (www.incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

This week's episode features one of the luminaries of the Canadian mining industry, executive chairman of Yamana Gold Peter Marrone, who gives a speech on some of the company's biggest projects and how it overcame financial difficulties after a challenging 2014. The discussion was recorded live at The Northern Miner‘s Canadian Mining Symposium held at Canada House in London, U.K., on May 22, 2019. Topics include: Yamana Gold as an 'Americas-focused' miner; Marrone's focus on 'mining certainty'; the company's Cerro Moro and El Peñón mines, as well as Canadian Malarctic and other strategic assets. Our "Mining Minute" sponsored segment has Peter Corcoran, vice-president of Sandvik Mining and Rock Technology Canada, speaking on Sandvik's recent Newtrax acquisition. Visit www.rocktechnology.sandvik/en/contact-…cas/canada/ and www.home.sandvik/en/ for more information. This podcast is sponsored by the Yukon Mining Alliance (www.yukonminingalliance.ca). Music Credits: “Miami Nights – Main Theme” and “Hiding Your Reality” by Kevin MacLeod (www.incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

Franco-Nevada CEO David Harquail speaks on his company's performance as well as the royalty business model at The Northern Miner's Canadian Mining Symposium held at Canada House in London, U.K., on May 22, 2019.. Topics covered include Franco's growing profile of long-life assets; precious-metals royalties and streaming as a business model; succession plans with chairman Pierre Lassonde retiring next year; and David's own experiences as a major benefactor of health care and education in Canada. Listen to the previous episode 142 for David's remarks on gold investment as chair of the World Gold Council. Our "Mining Minute" sponsored segment has Peter Corcoran, vice-president of Sandvik Mining and Rock Technology Canada, speaking on Sandvik's innovative product lines for clients. Visit www.rocktechnology.sandvik/en/contact-…cas/canada/ and www.home.sandvik/en/ for more information. This podcast is sponsored by the Yukon Mining Alliance (www.yukonminingalliance.ca). Music Credits: “Miami Nights – Main Theme” and “Hiding Your Reality” by Kevin MacLeod (www.incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

Franco-Nevada CEO David Harquail takes to the stage at The Northern MIner's Canadian Mining Symposium at Canada House in London in May 2019 to speak in his role as chair of the World Gold Council. David talks about how the WGC's focus has changed over the years from promoting gold jewellery consumption to promoting institutional gold investing, and what the WGC is doing today in this area. With 26 members comprising most of the world's senior gold miners. the World Gold Council says its purpose is to "stimulate and sustain demand for gold, provide industry leadership, and be the global authority on the gold market." Visit www.gold.org for more information on the WGC as well as gold-market news and statistics. Our Mining Minute sponsored segment has Peter Corcoran, vice-president of Sandvik Mining and Rock Technology Canada, speaking on how Sandvik fosters innovation in mining in Canada and worldwide. Visit www.rocktechnology.sandvik/en/contact-us/world/americas/canada/ and www.home.sandvik/en/ for more information. This podcast is sponsored by the Yukon Mining Alliance (www.yukonminingalliance.ca). Music Credits: “Miami Nights – Main Theme” and “Hiding Your Reality” by Kevin MacLeod (www.incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

We have a treat for gold investors this episode, with a moderated conversation between two deep-thinkers who are executives of leading, Canadian intermediate gold miners: Steve Letwin, president and CEO of Iamgold; and Peter Marrone, executive chairman of Yamana Gold. Moderated by senior staff writer Trish Saywell, this free-wheeling discussion was recorded live at The Northern Miner's Canadian Mining Symposium held at Canada House in London, U.K., on May 22, 2019. Topics include: whether consolidation is needed in the mid-tier gold mining space; what are the best financial metrics that apply to gold miners; and the big picture for gold production, gold prices, and the stock prices of gold mining companies. RELATED ARTICLE: Editorial: Top gold mining CEOs Bristow, Letwin and Marrone weigh in on consolidation https://www.northernminer.com/news/editorial-top-gold-mining-ceos-bristow-letwin-and-marrone-weigh-in-on-consolidation/1003807056/ This podcast is sponsored by the Yukon Mining Alliance (www.yukonminingalliance.ca). Music Credits: “Miami Nights – Main Theme” and “Hiding Your Reality” by Kevin MacLeod (www.incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

This episode features an in-depth interview with the man of the hour in the gold-mining industry: Mark Bristow, president and CEO of Barrick Gold since Jan. 1, 2019, when its merger with Bristow-led gold miner Randgold Resources took effect. This exclusive interview was recorded live as a "fireside chat" with senior staff writer Trish Saywell at The Northern Miner's Canadian Mining Symposium held at Canada House on Trafalgar Square in London, U.K., on May 22, 2019. Mark and Trish touch on several topics, including: his fondness for extreme sports; his drive to optimize Barrick's legacy mines; how to determine which assets are non-core to Barrick's mission; his long-term bullishness on gold prices; and the need for expanded roles for younger mining engineers, especially in Canada. This podcast is sponsored by the Yukon Mining Alliance (www.yukonminingalliance.ca). RELATED ARTICLES: Barrick and Newmont forge ‘historic’ joint venture in Nevada https://www.northernminer.com/news/barrick-and-newmont-agree-to-form-sensible-joint-venture-of-nevada-assets/1003804708/ Bristow seeks to build the world’s most valuable gold company https://www.northernminer.com/news/barricks-mark-bristow-we-are-clearly-well-out-of-the-starting-blocks-on-this-exciting-voyage/1003804168/ The Northern Miner Podcast – Miner Moment #20: Is Barrick still Canadian and does it matter? Ft Lassonde, Bristow https://www.northernminer.com/news/the-northern-miner-podcast-miner-moment-20-is-barrick-still-canadian-and-does-it-matter-ft-lassonde-bristow/1003804121/ Editorial: Barrick-Randgold merger full of promise and possible pitfalls https://www.northernminer.com/news/editorial-barrick-randgold-merger-full-of-promise-and-possible-pitfalls/1003799777/ Barrick and Randgold to merge in US$18B deal https://www.northernminer.com/fast-news/barrick-and-randgold-agree-to-us18b-merger/1003799714/ Randgold’s Mark Bristow dreams big https://www.northernminer.com/news/randgolds-mark-bristow-dares-to-dream-big/1003389172/ Music Credits: “Miami Nights – Main Theme” and “Hiding Your Reality” by Kevin MacLeod (www.incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

This podcast features SolGold CEO Nick Mather accepting The Northern Miner's "Mining Person of the Year" award for 2018, first announced in March 2019. The award is in recognition of Nick's role as the driving force behind the wildly successful grassroots exploration team that has drilled off the world-class Alpala copper-gold deposit at its Cascabel project in Imbabura province in northern Ecuador. Even with 3 billion tonnes now sitting in the resource category, these are still early days for SolGold at Cascabel, with potentially many more discoveries to come in the region. This podcast was recorded live at The Northern Miner's Canadian Mining Symposium held at Canada House at Trafalgar Square in London, U.K., in late May 2019. This podcast is sponsored by the Yukon Mining Alliance (www.yukonminingalliance.ca). RELATED ARTICLES: SolGold’s Nick Mather our Mining Person of the Year for 2018 https://www.northernminer.com/news/solgolds-nick-mather-our-mining-person-of-the-year-for-2018/1003804362/ SolGold’s Alpala: getting bigger, with higher grade https://www.northernminer.com/news/solgolds-alpala-getting-bigger-but-also-higher-grade/1003806253/ Music Credits: "Jet Fueled Vixen" rhythm tracks by Kevin MacLeod (www.incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

This episode wraps up our two-part conversation with strategist, lawyer and author Bill Gallagher on the topic of Canada's Indigenous People and their land rights, and what it all means for resource development in the country. Based in Waterloo, Ont., Bill is the author of two popular books on the topic: the recently published "Resource Reckoning: a Strategist's Guide from A to Z" and the 2012 milestone "Resource Rulers: Fortune and Folly on Canada's Road to Resources." To buy the books and for more information, visit www.billgallagher.ca and find him on Twitter at @ResourceRulers. In this episode Bill covers several topics, including: the Peel River Watershed decision in the Yukon; Ring of Fire politics in Ontario; and international aspects of Indigenous land rights including the United Nations Declaration on the Rights of Indigenous Peoples, the Pope's latest encyclical on the same issue, and the Standing Rock pipeline showdown in the United States. In the last of a series of four promoted-content Mining Minute segments, Max Sali, CEO of newly listed Barrian Mining (TSXV: BARI), talks about the team that will be guiding exploration of the firm's flagship Bolo gold asset in Nevada. Visit www.barrianmining.com for more information. This podcast is sponsored by the Yukon Mining Alliance (www.yukonminingalliance.ca). For part 1 of the interview with Bill Gallagher, visit: https://soundcloud.com/northern-miner/episode-137-indigenous-people-as-resource-rulers-in-canada-ft-bill-gallagher-part-1 RELATED ARTICLES: Commentary: SCC decision on Peel watershed in Yukon another win for First Nations https://www.northernminer.com/aboriginal/commentary-scc-decision-peel-watershed-yukon-another-win-first-nations/1003792080/ Commentary: Aboriginal Peoples score 200 legal wins in Canada’s resources sector https://www.northernminer.com/aboriginal/commentary-aboriginal-peoples-score-200-legal-wins-in-canadas-resources-sector/1003508077/ Bill Gallagher: SCC ruling means it’s time to ‘reboot perspectives’ https://www.northernminer.com/aboriginal/commentary-a-supreme-court-ruling-40-years-in-the-making/1003134735/ Music Credits: "Miami Nights - Main Theme" and "Hiding Your Reality" by Kevin MacLeod (www.incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/