We sat down with a couple of legends, Jill Irvin & Shane McLeay of Entech, the gurus on what’s needed to turn a deposit into a mine.

They taught us about all the tricks in a mining company’s key studies, what makes a good study or bad one, the key numbers to look out for, where clients put the pressure on them, what’s underappreciated about their work & a whole heap more.

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Thank you to our Partners:

Mineral Mining Services – Your preferred mining contractor

enquiry@mineralms.com.au - 1300 546 117

Grounded - Infrastructure for remote mining and civil projects Australia wide

Paul Natoli - pn@groundedgroup.com.au

CrossBoundary Energy – Can-do independent power producer

tim.taylor@crossboundary.com - +61 466 184 943

Sandvik Ground Support – The only ground support you’ll ever need

https://www.dsiunderground.com/contact

CRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectors

davidh@creinsurance.com.au - +61 2 9493 6100

K-Drill – Safe, reliable, and productive surface RC drilling

drew@k-drill.com.au - +61 416 015 876

Daishsat – Geophysical survey experts

nathan.daish@daishsat.com - +61 433 261 071

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(0:00:00)Introduction

(0:02:24)Scoping vs PFS vs DFS

(0:07:33)Resource confidence for studies

(0:11:10)Exploration targets

(0:13:00)Clues for a bad project

(0:15:00)Managing capex vs optimal design

(0:16:55)Chalice putting up 2 scenarios

(0:18:34)Right amount of money to spend on studies

(0:20:24)Internal studies

(0:22:38)Competitiveness between consultants

(0:26:18)Reviewing other studies

(0:31:34)Refusing to do a study

(0:34:16)Liability

(0:37:15)Evolution of study requirements

(0:38:43)Discount rates

(0:40:00)Rules of thumb for grade

(0:42:18)High grade that doesn't work

(0:43:46)Importance of orebody continuity

(0:46:48)Capex for 3rd world countries

(0:48:39)Owner mining vs contracting

(0:51:54)Geotechnical impact

(0:54:51)Contingency

(0:55:54)Contract tendering

(0:59:22)Metal equivelants

(1:01:58)Best study and most challenging study

(1:05:22)Electrification

(1:07:48)Conveyor systems

(1:12:40)Electrifying open pits

Two big stories today, firstly our takes on the much anticipated MinRes AGM which we attended… plenty to chat about.

Then we discuss the big news out of Canada, that NexGen is one step closer to building a mine with a key permit approved.

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Chapters:

(0:00:00) Introduction

(0:01:32) MinRes AGM: what we thought

(0:37:19) Nexgen's approvals march forward

Please read our Privacy Policy and Disclaimer here

Thank you to our Partners:

Mineral Mining Services – Your preferred mining contractor

enquiry@mineralms.com.au - 1300 546 117

Grounded - Infrastructure for remote mining and civil projects Australia wide

Paul Natoli - pn@groundedgroup.com.au

CrossBoundary Energy – Can-do independent power producer

tim.taylor@crossboundary.com - +61 466 184 943

Sandvik Ground Support – The only ground support you’ll ever need

https://www.dsiunderground.com/contact

CRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectors

davidh@creinsurance.com.au - +61 2 9493 6100

K-Drill – Safe, reliable, and productive surface RC drilling

drew@k-drill.com.au - +61 416 015 876

Daishsat – Geophysical survey experts

nathan.daish@daishsat.com - +61 433 261 071

Buy Money of Mine MERCH

Join our exclusive Money Miners Facebook Group & request access to the Hooteroo chat group.

Money of Mine on YouTube, Twitter, LinkedIn & Instagram

Today’s show takes us to North America, with an intriguing deal coming via the sale of a non-core Newmont asset, Musselwhite, to Orla Mining.

Back home we chat through Spartan’s latest met testwork before we unpack the merger between NAL partners Sayona and Piedmont Lithium.

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Thank you to our Partners:

Mineral Mining Services – Your preferred mining contractor

enquiry@mineralms.com.au - 1300 546 117

Grounded - Infrastructure for remote mining and civil projects Australia wide

Paul Natoli - pn@groundedgroup.com.au

CrossBoundary Energy – Can-do independent power producer

tim.taylor@crossboundary.com - +61 466 184 943

Sandvik Ground Support – The only ground support you’ll ever need

https://www.dsiunderground.com/contact

CRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectors

davidh@creinsurance.com.au - +61 2 9493 6100

K-Drill – Safe, reliable, and productive surface RC drilling

drew@k-drill.com.au - +61 416 015 876

Daishsat – Geophysical survey experts

nathan.daish@daishsat.com - +61 433 261 071

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Money of Mine on YouTube, Twitter, LinkedIn & Instagram

(0:00:00)Introduction

(0:00:52)Have Orla nabbed a bargain from Newmont?

(0:32:58)What to make of Spartan's met work

(0:41:33)Sayona & Piedmont flying get together

We’ve got some big stories to chat about today, starting with the Russian export ban on enriched uranium to the US, then on the big jump in aluminium prices following China tax rebate cancellation.

Next, we spoke about a couple of cash box companies in Red Hill and Indiana who issued dividends, and lastly a segment on Resolute and their Malian situation.

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Thank you to our Partners:

Mineral Mining Services – Your preferred mining contractor

enquiry@mineralms.com.au - 1300 546 117

Grounded - Infrastructure for remote mining and civil projects Australia wide

Paul Natoli - pn@groundedgroup.com.au

CrossBoundary Energy – Can-do independent power producer

tim.taylor@crossboundary.com - +61 466 184 943

Sandvik Ground Support – The only ground support you’ll ever need

https://www.dsiunderground.com/contact

CRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectors

davidh@creinsurance.com.au - +61 2 9493 6100

K-Drill – Safe, reliable, and productive surface RC drilling

drew@k-drill.com.au - +61 416 015 876

Daishsat – Geophysical survey experts

nathan.daish@daishsat.com - +61 433 261 071

Buy Money of Mine MERCH

Join our exclusive Money Miners Facebook Group & request access to the Hooteroo chat group.

Money of Mine on YouTube, Twitter, LinkedIn & Instagram

(0:00:00)Introduction

(0:02:08)Russian bans export of enriched U to US

(0:19:33)Aluminium flies on China news

(0:30:38)2 cash box companies issue dividends

(0:38:27)Resolute pays US$160m to settle Mali dispute

Today’s show is a special yarn with a couple of GC’s who’ve spread the good word of Money of Mine.

We welcomed on Partick from Uranium Twitter and Sean Russo for a chat about Paladin’s shocking week, spotting trends early, aligned management teams, how to think about restart projects and plenty more.

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Thank you to our Partners:

Mineral Mining Services – Your preferred mining contractor

enquiry@mineralms.com.au - 1300 546 117

Grounded - Infrastructure for remote mining and civil projects Australia wide

Paul Natoli - pn@groundedgroup.com.au

CrossBoundary Energy – Can-do independent power producer

tim.taylor@crossboundary.com - +61 466 184 943

Sandvik Ground Support – The only ground support you’ll ever need

https://www.dsiunderground.com/contact

CRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectors

davidh@creinsurance.com.au - +61 2 9493 6100

K-Drill – Safe, reliable, and productive surface RC drilling

drew@k-drill.com.au - +61 416 015 876

Daishsat – Geophysical survey experts

nathan.daish@daishsat.com - +61 433 261 071

Buy Money of Mine MERCH

Join our exclusive Money Miners Facebook Group & request access to the Hooteroo chat group.

Money of Mine on YouTube, Twitter, LinkedIn & Instagram

(0:00:00)Introduction

(0:01:59)"Patrick from Uranium Twitter" history

(0:06:13)Patty's take on Uranium right now

(0:07:58)SPUT and Yellow Cake

(0:20:08)Gold supply and demand

(0:31:35)Paladin woes

(0:33:50)Putting debt in capital structure

(0:41:50)Will Paladin raise money?

(0:45:56)Management teams and risk

(0:51:53)Nexgen development

(0:56:44)Commodities underperforming equities

(1:03:26)World of MinTwit

(1:08:35)Gold sell off

(1:15:05)Uranium underrated-overrated

We’ve got 2 big ones today, starting with MinRes shutting Bald Hill until lithium prices recover, as well as the board admitting they should’ve shared numerous related party transactions.

Our second story is all about M&A drama in the small cap gold space, involving Brightstar, Patronus & Alto.

Chapters:

(0:00:00)Introduction

(0:00:30)MinRes shut down Bald Hill

(0:21:02)DELPHI stirring the pot in the Sandstone

Sign-up for the Director’s Special

Please read our Privacy Policy and Disclaimer here

Thank you to our Partners:

Mineral Mining Services – Your preferred mining contractor

enquiry@mineralms.com.au - 1300 546 117

Grounded - Infrastructure for remote mining and civil projects Australia wide

Paul Natoli - pn@groundedgroup.com.au

CrossBoundary Energy – Can-do independent power producer

tim.taylor@crossboundary.com - +61 466 184 943

Sandvik Ground Support – The only ground support you’ll ever need

https://www.dsiunderground.com/contact

CRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectors

davidh@creinsurance.com.au - +61 2 9493 6100

K-Drill – Safe, reliable, and productive surface RC drilling

drew@k-drill.com.au - +61 416 015 876

Daishsat – Geophysical survey experts

nathan.daish@daishsat.com - +61 433 261 071

Buy Money of Mine MERCH

Join our exclusive Money Miners Facebook Group & request access to the Hooteroo chat group.

Money of Mine on YouTube, Twitter, LinkedIn & Instagram

Today we spent a while dissecting and discussing Paladin’s latest update which saw the stock crater some 25%, before picking through a potential value play with a colourful history in Kingsgate Consolidated.

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Please read our Privacy Policy and Disclaimer here

Thank you to our Partners:

Mineral Mining Services – Your preferred mining contractor

enquiry@mineralms.com.au - 1300 546 117

Grounded - Infrastructure for remote mining and civil projects Australia wide

Paul Natoli - pn@groundedgroup.com.au

CrossBoundary Energy – Can-do independent power producer

tim.taylor@crossboundary.com - +61 466 184 943

Sandvik Ground Support – The only ground support you’ll ever need

https://www.dsiunderground.com/contact

CRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectors

davidh@creinsurance.com.au - +61 2 9493 6100

K-Drill – Safe, reliable, and productive surface RC drilling

drew@k-drill.com.au - +61 416 015 876

Daishsat – Geophysical survey experts

nathan.daish@daishsat.com - +61 433 261 071

Buy Money of Mine MERCH

Join our exclusive Money Miners Facebook Group & request access to the Hooteroo chat group.

Money of Mine on YouTube, Twitter, LinkedIn & Instagram

(0:00:00)Introduction

(0:00:30)Langer Heinrich - Namibia or Paladin to blame?

(0:29:08)JD deep into Kingsgate

We start today with Liontown, who’ve shared some new numbers on Kathleen Valley to help them fight another day, before jumping to some concerning news out of Mali, with Resolute’s CEO and two employees being detained over a tax dispute.

Lastly, we delve into Hastings, who’re in a bit of a financial predicament...

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Please read our Privacy Policy and Disclaimer here

Thank you to our Partners:

Mineral Mining Services – Your preferred mining contractor

enquiry@mineralms.com.au - 1300 546 117

Grounded - Infrastructure for remote mining and civil projects Australia wide

Paul Natoli - pn@groundedgroup.com.au

CrossBoundary Energy – Can-do independent power producer

tim.taylor@crossboundary.com - +61 466 184 943

Sandvik Ground Support – The only ground support you’ll ever need

https://www.dsiunderground.com/contact

CRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectors

davidh@creinsurance.com.au - +61 2 9493 6100

K-Drill – Safe, reliable, and productive surface RC drilling

drew@k-drill.com.au - +61 416 015 876

Daishsat – Geophysical survey experts

nathan.daish@daishsat.com - +61 433 261 071

Buy Money of Mine MERCH

Join our exclusive Money Miners Facebook Group & request access to the Hooteroo chat group.

Money of Mine on YouTube, Twitter, LinkedIn & Instagram

(0:00:00)Introduction

(0:01:01)Liontown scale back

(0:32:40)Resolute CEO detained in Mali

(0:51:15)Are Hastings truly stuffed?