Jeff Quartermaine Of The Challenges Of Mining
Dig Deep – The Mining Podcast Podcast
Shownotes Transcript
In this episode, Rob talks to Jeff Quartermaine, MD & CEO of Perseus Mining, a diversified and multi-jurisdiction West African-focused gold production, development and exploration company with operations in Ghana & Cote d’Iviore.
Join the conversation about how Perseus Mining has developed as a company, the challenges of mining in Ghana & Cote d’lvoire and how to develop CSR with governments and local communities in those jurisdictions.
KEY TAKEAWAYS
Perseus have gone from being a single-mine single-country exposure to having two operations, one in Ghana and one in Cote D’Ivoire, with a new development also beginning in the latter.
To become a successful mining operation, you need five things:
Good physical assets grounded in solid infrastructure
A good human resource base made up of a good quality team
Funding - without funding and investment you can’t go anywhere
Markets for your products
A social licence to operate.
A core value of Perseus is to deliver on its promises. This is especially important when it comes to dealing with governments, where outcomes are promised, and Perseus prides itself on having delivered on those.
Ghana has many prospects when it comes to mining, but in Jeff’s opinion, the government needs to do some work to ensure that the country is a suitable environment for potential investors to take risks in.
Perseus have set themselves the goal of producing around half a million ounces of gold by 2022, and aim to generate and sustain several hundfred millions of dollars a year by then. Investing in a third country, too, will ensure that risk can be spread and managed.
.BEST MOMENTS
‘I got typecast very early on as someone who could sort out very complex situations’
‘The biggest challenge I’ve had is to build the trust of our shareholders’
Foreigners often go into countries and take a lot out, but leave very little behind’
‘What governments seem to forget is that international investors have choices’
VALUABLE RESOURCES
Dig Deep – The Mining Podcast on iTunes)
Perseus Mining - http://www.perseusmining.com)
Jeff Quartermaine - LinkedIn)
ABOUT THE HOST
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 to peoples experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
Rob is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first world to third world countries from Africa, Europe, Middle East, Asia and Australia. We source, headhunt and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisation in any mining discipline or level. Mining International provides a transparent, informative and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.
CONTACT METHOD
https://www.linkedin.com/in/rob-tyson-3a26a68/)
https://twitter.com/MiningConsult)
https://www.facebook.com/MiningInternational.org)
https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3)