Money of Mine

Today we sat down with Todd Malan to unpack what the incentives on offer to resource businesses – that are by and large being ignored! We’ve all heard the terms “the IRA” (Inflation Reduction Act) and perhaps know of the Department of Defence or of Energy, but the actual implications are not commonly known. This is a big theme that we see switched-on mining investors paying an enormous amount of a...

We kept today’s show “crisp” just for JD’s liking today. Also we spent 2 hours this morning chatting with Joe Lowry in a recording which he will put up on his Global Lithium podcast in the coming days.   But once we turned our heads to the stock news of the day, we found ourselves reading the quarterlies from Capricorn Metals (CMM), VHM Limited (VHM), West African Resources (WAF) and Adriatic Meta...

Today we find ourselves discussing all the action from the Lithium world once again. And there’s a lot to discuss. Starting with Azure Minerals (AZS) who are in a trading halt pending an announcement of a change in control. We reckon there’s a deal with SQM in play.   Meanwhile, Wildcat (WC8) releases some headline-grabbing drill hits off the back of media speculation that Min Res (MIN) were looki...

JD sat down with the duo that runs Acorn Capital’s NextGen Resource Fund for a wide-ranging chat on all things resource investing.   Rick & Karina shared where they pick to invest along the Lassonde Curve, what sort of commodities and deposit styles they like, the red flags they look out for, how they diversify the portfolio across stages + commodities plus a heap of hot takes on dozens of res...

Here is part 2 of our discussion with Russell “Rusty” Delroy, founder of Nero Resource Fund, on the bifurcation of metals prices.   We found the discussion deeply fascinating, thought-provoking and ultimately necessary to share. We delve into what direction the world is heading in & ways in which we may see regions course correct.   We hope you enjoy the conversation, & make sure to join t...

A day for the deal junkies! Whitehaven (WHC) have been confirmed as the preferred bidder for BHP’s Blackwater and Daunia assets, in one of the more long-winded asset sales the mining market has seen. Lithium Power International (LPI) also announced that they’d sold themselves to the Chilean state-owned copper giant, Codelco. The deal valued them at $385m, or 57c a piece. We touch on the decision m...

Liontown’s (LTR) mega-deal looks to be off the cards with Gina successfully foiling the plans. As Albemarle withdraws, we ask, what happens now? Where does the funding come from for the funding gap? What are Gina’s intentions? What does this mean for Liontown shareholders? What does it mean for Albemarle? We discuss all of those questions in the show.   Plus, we look at Genesis’ (GMD) takeover for...

Russell “Rusty” Delroy of Nero Resource Fund returns to chat with us and today he’s got an intriguing topic he wants to put under the spotlight. Mining companies are focused on costs and production, the “controllables”. Rusty is here to advocate an alternative value-lever for mining companies that doesn’t get taken very seriously by industry participants at the moment: higher prices for metals pro...

We had the pleasure of unpacking Guy Keller’s insight on all things relating to the uranium market in this ripping interview just as yellow cake soars around US$70/lb. Guy manages Tribeca Nuclear Energy Opportunities Fund which is a mouthful to say but it holds a lot of Uranium mining companies. Guy is extremely well-versed in the landscape and we ask him all about his views on the specific stocks...

We get the ball rolling today with news that Albemarle (ALB) have an additional 7 days to work on their Liontown (LTR) bid whilst we received confirmation Gina now holds 19.9%. We then took a peek at Delta Lithium (DLI) handy little gold deposit before launching into our opinion of St Barbara’s strategy and incentives, given they bank accounts holds a lousy $240m. Black Rock Mining (BKT), Lithium...

Today we sat down for a cracking chat with natural resource fund manager David Franklyn to drill into how he’s seeing the world.   We went deep into the current commodities set up from a macro economic point of view, how the landscape of commodity producing & processing countries will change in the coming years plus plenty of different companies that many of the Money Miners will be familiar w...

Azure Minerals (AZS) led us it with a couple of intriguing talking points. We ran through their initial met test-work which gave the market some cause for concern, plus their latest drill hits.   Bellevue (BGL) was next off the rank with a project update for Matty to tuck into.   We raised some comments from Appian Capital’s founder on the back of their latest fundraising (US$2b+ fund III) while f...

Today we went deep on Filo Mining with CEO Jamie Beck.   Filo have discovered & are advancing the Filo Del Sol copper-gold-silver project high up in the Andes.   They fly under the radar in Australia but given their scale and our lack of copper opportunities we thought they’d be worth a chat.   We grilled Jamie on all the challenges that come along with working at 4000m+ elevation, on an isola...

Welcome to the first ever global Podcast interview from inside an OPEN PIT (we’re claiming the first).   The Money of Mine crew had the pleasure of recording this episode in the historic Great Fingal Pit, close to the town of Cue. Would you believe this trip was Trav’s first venture underground?   We got to speak with some real mining people while out there – recordings filmed underground which we...

We spoke about a couple of majors plus an intriguing junior today.   BHP tuned into our comments on nickel earlier in the week and voiced their thoughts, saying that they’re sticking with nickel despite what others think.   Rio has dished out a US$100m loan to partners in their Simandou iron ore project, one of the richest and thus far untapped projects globally.   We saved a deep diving special f...

We start the show with Barrick’s news that they’re going big on copper, with a US$2b investment in Lumwana in Zambia.   Strandline (STA) then give us some talking points with a better update, plus we speculate on Base Resources (BSE) interest in them.   Red5 (RED) had some more good news as they look to continue a good run, and the same went for Pantoro (PNR) who had a “record” quarter.   Matty we...

We started today with Trav filling us in on London’s mining community then chatted briefly about how the macro world is impacting miners. Genesis (GMD) gave their first real update on Gwalia’s performance post-acquisition, followed by Dacian (DCN) getting the go-ahead to mine at Redcliffe. We chatted through IGO’s view on a potential supply chat for nickel emerging as well as Agrimin (AMN) termina...

We’ve got a special technical chat for the Money Miners with Rob “Refractory” Ryan coming onboard.   We run through all the ins and outs of what refractory ore is, what it means for a project, how investors should think about it, what it does to the capex & opex, plus a bunch of real world operations that’ve had to deal with this type of mineralisation.   All Money of Mine episodes are for inf...

No quiet Friday at Money of Mine with plenty of news from the world of mining to chat about today.   We launched into MinRes (MIN) upping the stakes, now raising US$1.1B in a bond offering to global investors.   Liontown (LTR) updated the market with a poorly kept secret that the capex bill had jumped, plus news that DSO was no longer on the cards.   The ACG Acquisition Co SPAC revealed that its d...

We’ve got a couple great deep dives for the Money Miners today, with De Grey (DEG) and Latin Resources (LRS) releasing significant studies for us to enjoy.   We also give a brief shout out to 29 Metals (29M), who attracted only 10% of their retail shareholders into their entitlement offer, plus MinRes (MIN) getting the greenlight for Bald Hill and Gina appearing to pick up another 2% of Liontown (...

Today we had on the show Jonathan Fisher, CEO of Cauldron Energy, to chat through what the stance on uranium mining and nuclear power generation currently looks like in Australia.   Jonathan shared his thoughts on various commonly cited critiques of why nuclear isn’t viable as a fossil fuel free energy source, as well as what would have to change for mining to commence and the flow on effects of t...

We had a big news day, though we were left with plenty of questions.   MinRes (MIN) announced plans for a US$850m debt offering to fill the coffers, whilst Gina’s stake of lithium developer Liontown (LTR) rose to 10.7%.   We had a yarn about the sorry stake of the zinc market resulting in the unfortunate decision some miners are having to make, putting their assets of care and maintenance.   Black...

More M&A!   Matty’s predictions are starting to bear fruit with Australian Vanadium (AVL) and Technology Metals (TMT) announcing a $217m merger today.   Allkem (AKE) updated shareholders on everything they’ve got going on under the sun, so we waded through the 100’s of pages for the important info.   Last up we commented on consolidation in the potash sector, with limited details as of yet on...

We get into the weeds of how Harvest Lane eek out returns year in year out through announced M&A deals and corporate events in this interview with PM, Ben Bailey. Their strategy contrasts greatly with many previous guests on Money of Mine, so it was a great opportunity for us to get up to speed with an important player in the world of ASX corporate deals.   All Money of Mine episodes are for i...

We had a chat with the founder of Noah’s Rule, Sean Russo, to help us build knowledge on a vital aspect of financing mining projects.   The topic is often misunderstood, with many misconceptions out there that we clear up today. We’re all the wiser for hearing what Sean had to say.   All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may...