Join mining executives representing different stages along the road to production - and learn what investors should be looking for in terms of management skill set and project details at each stage. The executives will answer questions live following the event.
Wed, December 20, 2023 at 12:00 PMendedReplay
Investor webinar replay
Meeting Overview The meeting focused on the current stages of mine development for two companies, Giga Metals Corp and Bunker Hill Mining Company. The CEOs of both companies provided insights into their respective projects, including their development phases, challenges, and strategies for enhancing value. Key Discussion Points - Introduction of speakers and their companies. - Overview of Giga Metals Corp's nickel and cobalt project, including its joint venture with Mitsubishi Corp and plans for environmental assessment. - Discussion of Bunker Hill Mining Company's restart of a historic lead-zinc-silver mine, its construction phase, and regulatory advantages. - Importance of execution and timely delivery in the mining industry. - Valuation metrics for investors considering companies at different stages of mine development. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Mark Jarvis] : Submit a project description to initiate the formal environmental ass...
Mr. Jarvis has more than 30 years of experience in exploration and development of mineral resources, both in oil and gas and metals. After a career in financing exploration projects as a stockbroker, Mr. Jarvis moved to the corporate side of the business in 1996. He joined the Board of Ultra Petroleum, which at the time was a small oil and gas exploration and development company with a large, unconventional gas deposit. As Director responsible for Corporate Finance, he raised the equity capital necessary to prove the concept and to establish enough production to finance further growth with debt. Ultra Petroleum grew from an exploration play to 3 TCF of proven gas reserves.
Mr. Jarvis became CEO of Giga Metals Corporation's predecessor company in January 2004. During his tenure, the company has drilled off a giant nickel/cobalt deposit, worked out a reliable metallurgical circuit, and published a Pre-Feasibility Study.
A former Executive General Manager of Barrick Gold’s Lumwana Copper Mine in Zambia, Mr Ash is an experienced American Mining Engineer and modernizing leader, with a proven track record of building and leading teams capable of optimizing and enhancing the operating efficiency, profitability and sustainability of mining operations in complex and challenging environments.
During his tenure at Lumwana Mr. Ash Delivered over $100M in sustainable free cash flow improvements, achieved 50% improvement in safety performance, executed a training and development program achieving 96% local workforce, and progressed expansion plans that doubled the value of mine.
Replay transcript excerpt
Speaker 1: Hello everyone and welcome to today's event, Investing Speaker 1: at Every Stage of Mine Development. Speaker 1: Just as a reminder, This is being recorded and will be available to watch afterwards. Speaker 1: Now there was a surprise scheduling a conflict and Ian Bliss from Northern Shield Resources will be joining us, but he may just be entering a few minutes late. Speaker 1: I've composed a few questions for today's event, but I wanna remind everyone and encourage you to submit questions in the Q&A tab in the bottom right corner of your screen. We did allocate some time for Q&A, so please feel free to submit them in the bottom right corner. Speaker 1: Welcome, gentlemen. I think we'll start off with introductions here. So could each of you just please introduce yourself and briefly share what stage your company currently is in. And Mark, we'll start with you. Speaker 2: Okay, yeah, I'm Mark Jarvis. I'm CEO of Giga Metals Corp. Speaker 2: We have a giant deposit Speaker 2: of Speaker 2: Nickel and Cobalt and Sulfides, Speaker 2: low-grade open pitable, Speaker 2: very similar conceptually Speaker 2: to a Copper porphyry Speaker 2: type of deposit. Speaker 2: You have to build a big mine. Speaker 2: And in our case, it's And in our case, Speaker 2: it's going to be a capital cost of about USD$2Bn Speaker 2: to get to a 30-year mine life producing 35, 000t Speaker 2: a year of Nickel Speaker 2: and 2000t Speaker 2: a year of Cobalt Speaker 2: in a very nice high-grade concentrate. Speaker 2: We have Speaker 2: a joint venture partner, Speaker 2: 15% Mitsubishi Corp. Speaker 2: Mitsubishi Corp, Speaker 2: giant Japanese company, Speaker 2: But just to be clear, we're not dealing with the car company, although that's a different division of the same company....
