Manage episode 521401778 series 2487333
In today’s episode, we're joined by Martin Horgan, a well-known figure in the mining industry with a proven track record in exploration, development, and operations, from leading Toro Gold through to his time as CEO of Centamin.
Martin shares his thoughts on what drives him to set up a new mining company, what kind of opportunities he’s targeting next, and how his past experiences have shaped his approach to risk and value creation. We discuss whether gold remains his focus or if other minerals are on the radar, how market factors like high gold prices influence decision-making, and how investor perspectives align with management’s view of risk. Martin also reflects on the lessons learned from Toro and Centamin.
Martin is also going to be attending the upcoming Resourcing Tomorrow event - the premier gathering for the world’s mining leaders taking place in London from 2-4 December. What sets this event apart is its unmatched audience: C-level executives from the biggest mining companies worldwide, over 40 government ministers, leading mining technology providers, and many more mining professionals in the industry.
Dig Deep The Mining Podcast is proud to partner with Resourcing Tomorrow. To register, go to https://hubs.ly/Q03JvH2K0 and use DIGDEEP10 for 10% off your pass.
KEY TAKEAWAYS
- There is a strong desire to re-enter the mining sector, driven by a combination of personal enjoyment and the current geopolitical landscape, which presents unique opportunities for mineral supply and investment.
- When evaluating potential projects, the primary focus is on geological potential, followed by the stability and regulatory framework of the jurisdiction.
- The current high gold prices influence decision-making, particularly in terms of project evaluation and negotiations with local partners.
- Funding Strategies: The choice between private equity and public markets for funding is crucial.
BEST MOMENTS
"I think it's a really interesting time within the sector where increasingly people are focusing back on it... where the various basic building blocks of society actually are sourced from."
"We feel comfortable working somewhere within that sort of life cycle... there's probably more opportunity in the sort of exploration resource phase than there is maybe in the pre-development development phase."
"I think the ideal model would be if you're in a cash flowing business, the listed space is very good... if you're in a pre-development basis, exploration as well, I think the private equity model works."
GUEST RESOURCES
https://www.linkedin.com/in/martin-horgan-038b298/
VALUABLE RESOURCES
Mail: [email protected]
LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/
X: https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast
Web: http://www.mining-international.org
CONTACT METHOD
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.
This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/
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