Dig Deep

In this episode, we chat to Shawn Khunkhun, CEO & Director at Dolly Varden Silver Corp, a mineral exploration company focused on advancing its 100% held Kitsault Valley Project, which is located in the Golden Triangle of British Columbia.Shawn has a wealth of experience in the capital markets, mineral exploration, and the development sector and has a focus on enhancing shareholder value. He has served in a variety of strategic roles including investor relations, and corporate development. Shawn is also a director of Goldshore Resources and Director & CEO of StrikePoint Gold. He is going to give us an update on Dolly Varden, the history of the company and assets and an overview of the current silver marketKEY TAKEAWAYS In just a few years, Dolly Varden has grown, in terms of market cap, by about five times. During that time, the share price doubled. The company was undercapitalized. Bringing in $45 million has solved that problem. Shawn tripled the company´s mineral inventory. They have about 63 million ounces of high-grade silver and 1 million ounces of gold in the ground. Instead of continuing to rely on consultants, Dolly Varden has built up an experience in an internal team that has resulted in fast growth. They have identified 7 deposits in Kitsault Valley in an area that they own outright. There is hydroelectric power available in the area. The deeper they drill the higher the grades and the wider the deposits get. Dolly Varden is number one for size vs grade in the jurisdiction. Silver is still a niche market, there is not enough to meet demand 5 years from now. Historically the price of silver follows gold, but this time around demand is likely to have more of an impact. BEST MOMENTS‘I transfer wealth and my scientists create wealth. ´‘In my experience, with consultants, you pay top dollar, and you get a slow turnaround.’‘The people are almost as important as the projects…. We´ve got a really strong team.’‘Historically, silver moves when gold is reaching the mature stages of its cycle.’EPISODE RESOURCEShttps://dollyvardensilver.comToll free number - 800-321-8564Twitter   - @silvervardenIG - @dollyvardensilver1910LinkedIn - dollyvardensilverFacebook - Dolly Varden SilverVALUABLE RESOURCESmailto:rob@mining-international.orghttps://www.linkedin.com/in/rob-tyson-3a26a68/http://www.mining-international.orghttps://twitter.com/MiningConsulthttps://www.facebook.com/MiningInternational.orghttps://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3ABOUT THE HOSTRob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first world to third world countries from Africa, Europe, Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.CONTACT METHODrob@mining-international.orghttps://www.linkedin.com/in/rob-tyson-3a26a68/Podcast DescriptionRob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

In this episode, we chat with Nikolaos Cacos, president, director, and CEO of Argentina Lithium & Energy Corp who is focused on acquiring high-quality lithium projects in Argentina and advancing them towards production in order to meet the growing global demand for the battery sector. Nikolas has a wealth of experience in executive-level management and advisory expertise in the mineral exploration industry and serves as an officer and director of a number of TSX Venture Exchange listed companies. We talk about Argentina Lithium and what they have been up to.KEY TAKEAWAYS Despite being the 8th largest country in the world, until 1992, there was virtually no mining in Argentina. When the government decided to let outside investors develop mines, Nikolaos was one of the earliest people to get involved in exploring and opening mines.  The Grasso Group of which Argentina Lithium is a member has made 4 world-class discoveries along with many others. Argentina Lithium has acquired 4 high-class lithium deposits and has recently added Rincon West, which sits next to two other projects that are already producing Lithium.  Direct Lithium extraction technology is making it far easier to extract Lithium and do so even for low-grade lakes. In Argentina, mining is controlled at a province level, so there are a few differences between provinces. But there is staunch support for mining everywhere. Even 30 years ago, before ESG requirements, the Grasso Group has always involved the local community. BEST MOMENTS‘We started a couple of years ago, acquiring high-quality projects, as the price of lithium was beginning to firm up, ´‘We have a very long history there…we understand how to work effectively there (in Argentina).’‘We made a significant contribution to help them devise and put together mining regulations and mining laws.’EPISODE RESOURCESWebsite: https://argentinalithium.com/Facebook: https://www.facebook.com/argentinalithiumcorpTwitter: https://twitter.com/arglitInstagram: https://www.instagram.com/argentinalithium/LinkedIn: https://www.linkedin.com/company/argentina-lithium-&-energy-corp./TikTok: https://www.tiktok.com/@argentinalithiumVALUABLE RESOURCESmailto:rob@mining-international.orghttps://www.linkedin.com/in/rob-tyson-3a26a68/http://www.mining-international.orghttps://twitter.com/MiningConsulthttps://www.facebook.com/MiningInternational.orghttps://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3ABOUT THE HOSTRob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first world to third world countries from Africa, Europe, Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.CONTACT METHODrob@mining-international.orghttps://www.linkedin.com/in/rob-tyson-3a26a68/Podcast DescriptionRob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

In this episode we chat to Louise Wrathall, Executive Director, of Corporate Development at Central Asia Metals PLC who is a diversified company that operates low-cost mineral assets, producing the base metals. They have a lead/zinc line in North Macedonia and a copper operation in Kazakhstan. Louise is a qualified geologist with a background as a mining analyst and investor relations. She gives us an update on Central Asia Metal and talks about ESG and what investors are looking for in mining companies when they are looking to invest. KEY TAKEAWAYS The mining industry is becoming more diverse. More diversity really does result in more diverse thoughts, ideas, and solutions. Louise was able to gradually increase the amount of time she spent working as her son got older. A process that resulted in her developing a unique mix of skills, which now greatly benefits everyone. Central Asia Metals has a strong ESG focus. Publishing standalone sustainability reports is one of the things that keep them on track. They run two charitable foundations, one for each site that is funded out of their revenue. Even if the mine closes, the communities will still thrive. Central Asia Metals were the first to use the SX process to produce copper using a form of electrolysis. They have paid out more than half of the $500 million cap in dividends, over the past 10 years. There are 3 reasons people invest in mining, which Louise outlines, in the podcast. Central Asia Metals has two low-cost long-life projects, but they are exploring and looking beyond those.   BEST MOMENTS ‘Last year, we sponsored three of our women, at two sites, through the Women in Mining Mentoring programme. ´ ‘We´ve set ourselves a target to reduce our greenhouse gas emissions by 50%.’ ‘The capital discipline aspect that our dividend brings is something that some of our shareholders have said that they appreciate.’   EPISODE RESOURCES Twitter: https://twitter.com/camlmetals   VALUABLE RESOURCES mailto:rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ http://www.mining-international.org https://twitter.com/MiningConsult https://www.facebook.com/MiningInternational.org https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3     ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first world to third world countries from Africa, Europe, Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/   Podcast Description   Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

In this episode, we chat with Peter Dembicki, President and CEO of Tier One Silver which is an exploration company that was spun out from Auryn Resources in 2020. The Company is focused on creating significant value for shareholders through the discovery of world-class silver, gold, and base metal deposits in Peru.Peter has a background in wealth management and gives us an update on the companies Curibaya and Hurricane Projects and the significant discoveries they have made and how his first 18 months as the CEO have been.KEY TAKEAWAYS The grades they have been finding are bonanza grades far better than anyone in the industry had seen focused in one area before. Their first drilling program had an unprecedented success rate of 30%. They got excellent results, including 2.5 grams of gold and over 1000 grams per tonne of silver. The Hurricane Silver project is progressing well and has copper, cobalt, platinum and surprisingly nickel too. Tier One Silver has the only complete system in Southern Peru, which means immense potential for multiple metals. They have got their exploration licences and have not experienced any operational delays due to the jurisdiction that they are working in. The civil unrest has not negatively affected them. Peru wants mining and local communities understand the benefits too. Christian Rios, who has a well-deserved reputation for making discoveries, is their new exploration SVP. Unlike others, they are successfully raising capital. BEST MOMENTS ‘There is a huge gap between investor and geologist knowledge. I was asked to bridge that gap. ´ ‘Nobody in the industry had seen grades like this before.’ ‘People want to work, they don't want to stop mining in Peru. They know that it is a big part of their GDP.’ EPISODE RESOURCESWebsite: https://www.tieronesilver.com/YouTube: https://www.youtube.com/channel/UCgW9vCEIjzmUsziJAbsGdawTwitter: @TierOneSilverLinkedIn: https://www.linkedin.com/company/tier-one-silverPrevious Dig Deep Podcast with Peter Dembicki - https://omny.fm/shows/dig-deep-the-mining-podcast/mining-world-class-silver-gold-and-base-metals-inVALUABLE RESOURCESmailto:rob@mining-international.orghttps://www.linkedin.com/in/rob-tyson-3a26a68/http://www.mining-international.orghttps://twitter.com/MiningConsulthttps://www.facebook.com/MiningInternational.orghttps://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3ABOUT THE HOSTRob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first world to third world countries from Africa, Europe, Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.CONTACT METHODrob@mining-international.orghttps://www.linkedin.com/in/rob-tyson-3a26a68/Podcast DescriptionRob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

In this episode, we chat with Caleb Stroup, who is the President and CEO at Headwater Gold, a junior miner that is exploring for High-Grade Precious Metals in Nevada and Idaho in the US.Caleb is a geologist with a background working in gold and base metal exploration. He gives us an overview of their recent deal with Newcrest and what the future holds for Headwater Gold. KEY TAKEAWAYS Headwater Gold was set up to explore high-grade epithermal veins in the Western US. Until now, exploration focused on finding close-to-surface deposits, which means there is enormous potential for large, but deeper finds. Focusing on generating new projects, from scratch, avoids the sometimes-negative baggage that comes with developing established claims. High grades in a good jurisdiction is a recipe for high profits. They have a big pool of high-quality projects that are ready to be developed. Their new partnership with Newcrest will enable them to develop multiple projects rapidly. This year, they have 3 new drill sites planned along with exploration of a new stake. BEST MOMENTS‘Through generative work and claim staking, the properties are 100% owned and royalty-free. ´‘Our philosophy is to have a very specific technical criterion…. but, to drill early and see if it is there right away.’EPISODE RESOURCESWebsite: https://headwatergold.com/LinkedIn: https://www.linkedin.com/company/headwater-gold-inc/Twitter: https://twitter.com/headwatergoldFacebook: https://www.facebook.com/Headwater-Gold-105759361618271Corporate Presentation: https://headwatergold.com/presentations/VALUABLE RESOURCESmailto:rob@mining-international.orghttps://www.linkedin.com/in/rob-tyson-3a26a68/http://www.mining-international.orghttps://twitter.com/MiningConsulthttps://www.facebook.com/MiningInternational.orghttps://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3ABOUT THE HOSTRob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first world to third world countries from Africa, Europe, Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.CONTACT METHODrob@mining-international.orghttps://www.linkedin.com/in/rob-tyson-3a26a68/Podcast DescriptionRob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

In this episode, we chat with Diane Garrett, CEO of Hycroft Mining which is a precious metals development company that owns the Hycroft Mine. The 2nd largest gold mine in the US, located in the prolific mining region of Northern Nevada.  Diane has a background in minerals economics. She is an engineer with 20 years of senior executive management experience in the mining industry. Someone who has an exceptional track record for developing projects and building companies. During this podcast, Diane provides us with an update on Hycroft Mining and what they are planning to do next.   KEY TAKEAWAYS Diane´s team is taking a mining operation that has been successful since the 1980s to the next level, by transitioning from near surface oxide heat bleaching to a large-scale sulphide milling operation. Hycroft has over 20 million ounces of gold equivalent and has a very large silver deposit. During the transition, they are not actively mining, but are still producing gold and silver off of the leach pads. When Hycroft Mining takes over a project, they do not simply continue with the same approach. Instead, they take a step back and look at things with fresh eyes and use the most up-to-date technology to re-explore the asset. The former owners never allowed their geologists to explore fully. Diane´s team drilled all 3 of the feeder systems and have had significant hits. Tapping into the power of social media has attracted a lot of new investors. Women still tend not to think about working in mining. Diane´s advice is for women to just try it.   BEST MOMENTS ‘Hycroft has a very long successful history of open pit heap leach mining, dating back to the 1980s. ´ ‘We come in with a fresh pair of eyes… you have to remember that technology does change, our thinking changes.’ ‘I'm not a woman in mining, I'm not a woman CEO, I'm just a CEO… it never occurs to me that I am the only one…I am just there to do my job.’ EPISODE RESOURCES Diane’s personal Twitter account: @DianeG_CEO   Other social media pages: Hycroft Twitter: @HycroftMining Hycroft website: www.hycroftmining.com Hycroft YouTube: https://www.youtube.com/channel/UCmyva8FkEqdn7bizFjMG8tw Diane’s LinkedIn: https://www.linkedin.com/in/diane-garrett-hycroft/ Hycroft LinkedIn: https://www.linkedin.com/company/hycroftmining/   VALUABLE RESOURCES mailto:rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ http://www.mining-international.org https://twitter.com/MiningConsult https://www.facebook.com/MiningInternational.org https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3 ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first world to third world countries from Africa, Europe, Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.   CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/   Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

In this episode, we spoke to Arnoud Star Busmann who is the CEO of Minehub Technologies. A platform company dedicated to realising the digital transformation of the global mining & metals supply chains. Arnoud has a background in Maths & Science and has over 20 years of experience in strategy execution, enterprise transformation and “blue chip” start-ups. He is one of the pioneers in the intersection of commodities, finance and blockchain technology. Arnoud tells us more about Minehub and how they are working with companies in the mining industry to solve their supply chain challenges in the digital world.   KEY TAKEAWAYS Minehub has created a unique way of managing information exchange in supply chains. The efficiencies found in the supply chain are huge, so big that, in some cases, they are cancelling out inflationary rises. Improvements have been made in supply chain resilience, security, ESG compliance, cash flow, compliance with local regulations and access to capital. When supplies are moved, they go through dozens of companies and agents, all of whom spend time exchanging information. Sometimes the information is not available on time, is miskeyed or is lost. Minehub stops all that. They have also streamlined the assay exchange process. The blockchain Minehub uses is quite different from the one used by cryptocurrencies. The blockchain creates an immutable audit trail. BEST MOMENTS ‘We signed BHP a couple of months ago as a launching customer. ´ ‘We put all that information in one place, one database, so everybody´s on the same page, all of the time, in real-time.’ ‘I believe we will be an enabler for cleaning up supply chains, because of the level of transparency.’   EPISODE RESOURCES Website: www.minehub.com Information for investors: www.minehub.com/investors LinkedIn: https://www.linkedin.com/company/minehubtech/ Twitter: https://twitter.com/minehub Email: arnoud@minehub.com VALUABLE RESOURCES mailto:rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ http://www.mining-international.org https://twitter.com/MiningConsult https://www.facebook.com/MiningInternational.org https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3 ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first world to third world countries from Africa, Europe, Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.   CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/   Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

In this episode, we have a returning guest who appeared in Dec 2019 (Episode 57). Ivan Bebek is an entrepreneur in the private and public Mining / Exploration sector with over 20 years of experience with a strong ability to finance, monetize and advance exploration assets into the development stage. He is on a number of boards. Including Torq Resources and more recently co-founded Copernico Metals, also splitting Auryn Resources into three companies Fury Gold Mines, Coppernico and Tier One Silver. He is here to give us an update on these companies. Plus, a general talk on the junior space and financial markets.   KEY TAKEAWAYS Currently, prices and sentiment are flat or negative, which is not uncommon when a bear market transitions into a bull one. When things are down that is when the best opportunities exist. Recent discoveries are boosting the price of Torq Resources stocks. Gold price increases tend to come in waves. With the upcoming election in the US, more money is likely to be printed, which should trigger a change in the markets. Ivan thinks that most junior and mining equity companies are shorted. Small companies explore and the big guys mine it. Tier One Silver is a robust silver find with one to 300 kilos of silver in 80 samples. Fury Gold has over a million ounces in Quebec and another half a million in Northern Canada. They are following up on a silver find in Peru and are also expecting to find copper there. Coppernico is likely to be listed between this September and January 2023. The current market conditions are similar to the way they were in 2009 before things took off. BEST MOMENTS ‘I personally think that we´re in the transition phase from bear to bull market for junior and mining equities. ´ ‘Watch the dollar, watch fiscal monetary policy and how things are evolving.’ ‘For gold August is a great buying month, September is a good selling month... February is one of the best performing months’   EPISODE RESOURCES Twitter: @ivanbebek71 on Twitter Email:  ivan@coppernicometals.com LinkedIn:  https://www.linkedin.com/in/ivan-bebek-73038763/ Previous Dig Deep Mining Podcast episode with Ivan Bebek - https://podcasts.apple.com/us/podcast/a-conversation-with-ivan-bebek-of-auryn-resources/id1440020656?i=1000460774533 VALUABLE RESOURCES mailto:rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ http://www.mining-international.org https://twitter.com/MiningConsult https://www.facebook.com/MiningInternational.org https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3 ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first world to third world countries from Africa, Europe, Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.   CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/   Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

In this episode, we chat to Paul Cronin, MD, and CEO of Adriatic Metals, an ASX and LSE-listed precious and base metals explorer and developer that owns the world-class Vares silver project in Bosnia and the Raska zinc deposit in Serbia. Paul's background is in corporate finance, investment banking, funds management, and commodity trading and is a co-founder of Adriatic Metals. He describes their journey in developing this world-class polymetallic underground mine in Eastern Europe and what this is going to bring to the region.   KEY TAKEAWAYS Bosnia has a well-developed coal mining industry. But their regulations are a little outdated compared to other jurisdictions. About two-thirds of their staff live locally, which is good for their standing in the community. Bosnia is rich in natural resources. The country has an abundance of cheap power and a fairly young diaspora that is starting to return to Bosnia, bringing all of their skills and experience with them. Inflation is having an impact. For example, the cost of diesel has proved to be a big issue. But, in Bosnia, the cost of power has not soared as it has in other jurisdictions. Bosnia is a vibrant, extremely beautiful, culturally rich, and welcoming place. People are extremely helpful, although some elements of bureaucracy move slowly. The expectation is that they will hit the ore body on their underground mine by October 2022. Production is scheduled to commence in Q2.   BEST MOMENTS ‘If we look at the way the two exchanges have behaved, we are still getting more liquidity on the ASX. ´ ‘We are a company that delivers what it says it’s going to deliver. Largely on budget and on time.’ ‘The prime minister was quoted in the Financial Times last year speaking very positively about the company and the industry.’   EPISODE RESOURCES Website: https://www.adriaticmetals.com/ LinkedIn: https://www.linkedin.com/company/adriatic-metals-limited/ Twitter: https://twitter.com/AdriaticMetals Facebook: https://www.facebook.com/adriaticmetalsplc/   VALUABLE RESOURCES Email: rob@mining-international.org Website: https://www.mining-international.org/ LinkedIn: https://www.linkedin.com/in/rob-tyson/ Twitter: https://twitter.com/MiningRobTyson Facebook: https://www.facebook.com/DigDeepTheMiningPodcast/ Instagram: https://www.instagram.com/theminingpodcast/ YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast/videos   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 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 specializing 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 client's organizations 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. Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content about the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

In this episode, we chat to Scott Levy, the CEO of Bedford Row Capital who is a non-bank originator that exists to serve a diverse range of firms who are unable to access the services of banks and want to raise finance in the debt capital markets. Scott has a background in financial services which includes asset-backed securities, securitisation, debt capital markets, structuring, Islamic finance, and asset management. We talk about current financing for mining companies and in particular, the royalty and streaming model that is becoming increasingly popular in the mining industry.   KEY TAKEAWAYS Bedford Row Capital´s primary function is to create access to finance using alternative sources. Over the last 15 years, vanilla investment banking has gone increasingly vanilla. A reluctance to invest in things that are not seen as totally ESG or green is making it increasingly difficult to secure capital for industries that need it. Since 2016, Bedford Row Capital has completed over 150 transactions, with most of the firms they arranged finance for being listed. It is the mid-tier transactions that need support. Streaming and royalty financing is used to fill the gap until you are ready for investors. For investors this form of finance is attractive, Scott explains why, in the podcast. It is in everyone's interest to continue production, which keeps the cash flowing. Not enough people yet understand the royalty and streaming model. Miners who want to tap into this form of finance must be sensitive to the sensibilities of new investors.   BEST MOMENTS ‘We´re in very interesting times, at the moment. ´ ‘Merchant banking, at least in the UK, is virtually dead.’ ‘Royalty financing is a way to attract new investors into the sector.’   EPISODE RESOURCES Website: https://bedfordrowcapital.com/ LinkedIn: https://www.linkedin.com/company/bedford-row-capital-advisers/ Website: https://www.raptorcapitalstreaming.com/   VALUABLE RESOURCES Email: rob@mining-international.org Website: https://www.mining-international.org/ LinkedIn: https://www.linkedin.com/in/rob-tyson/ Twitter: https://twitter.com/MiningRobTyson Facebook: https://www.facebook.com/DigDeepTheMiningPodcast/ Instagram: https://www.instagram.com/theminingpodcast/ YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast/videos   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 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 specializing 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 client's organizations 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. Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content about 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.