MMG Limited’s Post

Inspiring Talk by Mark Bristow, CEO Barrick I had the good fortune to hear Mark Bristow speak very candidly at the CEO's Panel. Other larger than life CEO’s in attendance were Cassie Boggs of Hecla Mining Company, Mitchell Krebs of Coeur Mining, Inc., Paul Lang of Arch Resources, Inc and Vicky Peacey of Rio Tinto. Question by Denise Johnson (who moderated the session very well and asked great questions): "So as you continue to work in more risky areas, how do you manage that risk more effectively? How do you mitigate the risk?" Reply by Mark Bristow Barrick (which hit home especially with regard to their Reko Diq Mining Company (RDMC) site): "I think everywhere in the world today, people want to participate in their country's economy and no matter what level, and they also want see responsible investment. The world is changing and we need to embrace that. To do that, you need to divide the economic pie or the economic benefits equally. We in the West, capitalist driven, have always looked to maximize profits. That game is over for miners I believe. Because no matter how we own the mines that we operate, they're actually a national asset. So we have a responsibility to our host countries and their people to ensure that not only do we give work, but we give business to the business people and we contribute to the central government treasury and we make a difference in everyday life. And I think miners are way ahead of most other industries in recognizing that the rules have changed." #mining #autocom #MINExpo #Pakistan #ESG #sustainability

Last week, our Business Development Manager, Adam Rolfe, took centre stage at Investing in African Mining Indaba, as part of a panel of industry-leading voices in the artisanal and small-scale mining (ASM) space. Here's some highlights of the discussion: Engaging with governments: the dynamic and diverse talk emphasised the vital role of ASM in host countries and the importance of engaging with these communities to improve standards and manage risks effectively. Soaring numbers: our membership model has seen explosive growth in the past six months, reflecting our expanding impact and unwavering commitment to positive change. Storytelling through traceability: our innovative traceability solution isn't just a tool, it's a powerful narrative showcasing the depth of the GemFair programme and how our clients make a positive difference. Digital transparency: our cutting-edge tools bring unprecedented transparency to the sector, building trust and accountability, showcasing the depth of the GemFair programme and how our clients make a positive difference. Sustainable livelihoods: we have launched impactful projects that strengthen local communities, creating a lasting positive impact beyond mining. We are committed to ensuring everyone benefits from responsible mining, setting a new standard for ethical practices, and paving the way for a more sustainable and equitable future. Stay connected and follow our journey as we continue to drive positive change. #MiningIndaba2024 #SustainableDevelopment #ASM #Diamonds #Mining #Livelihoods

What does Canada need to do to retain its global leadership in the mining sector? How can Toronto maintain its role as the global center for mining finance amid the rush for critical minerals? Who are Canada's national champions in this sector? What is the link between our mining and financial services sector? Very much looking forward to this important and timely discussion at the Canadian Club Toronto which comes at the close of the Prospectors & Developers Association of Canada (PDAC) conference, features speakers from BMO, Glencore, Toronto Stock Exchange and Agnico Eagle Mines Limited and will be moderated by Tim Kiladze from the The Globe and Mail and sponsored by EY and Davies. #sustainable #mining #miningfinance #criticalminerals #Canada #miningsector #finance #capitalmarkets #toronto #ontario #economicdevelopment #policy #pdac2024 #finance #financialservices

🌟 Navigating the Future: A 2024 Outlook with NorthIsle Copper and Gold's President & CEO, Sam Lee 🌟 In a recent insightful dialogue with Peter Grandich, Sam illuminated NorthIsle's formidable position in the junior mining market. Despite the industry's challenges, NorthIsle distinguishes itself with its robust planning and impressive financial health. The company's resilience, highlighted by the promising results from the Northwest Expo Zone 1 drilling, is a beacon of success in the market. Looking ahead to 2024, a pivotal year, the company is superbly positioned with a comprehensive resource estimate on the horizon and a substantial $6.5 million funding led by Franklin Templeton. Their strategic focus on high-grade zones and sustainable operations, aligned with a rising emphasis on ESG compliance, positions NorthIsle as a key player to watch. The company's journey, marked by insider confidence and strong financial backing, showcases its potential for significant growth and success in the challenging yet dynamic mining sector. Watch full interview here - https://lnkd.in/gF5yKut3 #gold #copper #preciousmetals #criticalminerals #energytransition #investing

Striking the Balance: Cost Containment Mastery by Victus Solutions Group (VSG) In the intricate world of mining operations, the pursuit of efficiency meets the challenge of cost containment. At Victus Solutions Group (VSG), we've redefined the game! 🔍 Unveiling Strategies: Explore with us as we unfold innovative cost containment strategies that go beyond the conventional, ensuring optimal operations without compromising excellence. 📊 Smart Solutions, Maximum Impact: VSG leverages cutting-edge technologies to streamline processes, enhance resource utilization, and fortify your bottom line. Our commitment is clear - elevated efficiency without excessive expenditure. 🌐 A New Standard: Join the conversation on how VSG is reshaping the narrative, making cost containment not just a necessity but a strategic advantage in the competitive mining landscape. 💬 Your Journey Starts Here: Let's connect and discuss how VSG's expertise in cost containment can propel your mining operations into a new era of financial resilience. Ready for a transformative partnership? Reach out today! #CostContainment #MiningEfficiency #VictusSolutionsGroup #Innovation #SmartMining Explore our cost-effective solutions: [https://lnkd.in/gmDda6Yu] 📈 Your Success, Our Priority! 📉

Sector alert - #economicmodelling for mining Are you ready to drive sustainability in the mining sector? Our Green Economy Modelling executive certificate course, offered through GIBS Business School (Gordon Institute of Business Science), is here to equip #mining industry leaders with the tools and insights needed to navigate complex changes. Learn to design green economy policies that foster positive environmental and social outcomes. Join us and future-proof your business and sector today. Register now: https://lnkd.in/dZ9bBvuz #GreenEconomy #Sustainability #EMAEconomicModelling #FutureLeaders #EMAxGIBS #GreenTransition

Mining and mineral organisations are focused on finding new ways of extracting the materials they need in an environmentally sustainable, economically viable manner. Our leadership experts in the mining and minerals sector discuss navigating these responsibilities with industry leaders. Read the whitepaper which delves into the challenges and evolution of the industry, role models in ESG and plans for the future. Find out more here: https://lnkd.in/ek7eRxMR Robert Quinn Mary McKenzie David Jones-Cooper Lauren van Halderen Julia Soutter #MiningIndustry #ResponsibleLeadership #ESG #ExecutiveSearch

We want to share with you this report that evaluates the effectiveness of the artisanal and small-scale gold mining (ASM) supply chain mechanisms of the planetGOLD program. ASM gold mining plays a critical role in boosting local economies and sustaining global livelihoods. However, miners often face challenges in accessing formal markets due to the predominantly informal nature of the sector, regulatory constraints, financial constraints, and difficulties in meeting standards. Read the report here: bit.ly/pGSupplyChain Written by Jara Bakx, Blanca Racionero Gómez and Rosanna Tufo from Levin Sources, this research is part of the ongoing work led by our team of the Alliance for Responsible Mining (ARM) to document and support the development of ASM supply chains in the planetGOLD program. #ResponsibleMining #planetGOLD #SupplyChain #SustainableDevelopment #LocalEconomies

I'm excited to share that Fairalloy has officially joined The European Partnership for Responsible Minerals (EPRM). This partnership is a significant step in our journey to uphold and promote ethical and sustainable practices in the gold and silver industries. As a member of Fairalloy, I am proud of our commitment to transparency, responsible sourcing, and making a positive social impact. Our collaboration with EPRM enables us to work alongside industry experts to innovate and set new standards for responsible mining. We believe that every step of the supply chain should respect people and the planet. This milestone reinforces our dedication to creating a more sustainable and ethical future for the industry. #Fairalloy #EuropeanPartnershipForResponsibleMinerals #FairminedGold #EthicalMining #Sustainability #ResponsibleSourcing #SocialResponsibility #IndustryLeadership

Nature loss is a critical global challenge, placing the survival, health, wellbeing and livelihoods of people, ecosystems and our global economy at significant risk. At Investing in African Mining Indaba, Rohitesh Dhawan and Aidan Davy will be discussing ICMM’s new nature commitment and the mining industry's role in a nature positive future: https://lnkd.in/e8_n-xrs