In this podcast, Andrew Bell talks about his journey from working as a natural resources analyst at Morgan Grenfell & Co back in the 70s through to his role as chairman with Red Rock and Regency Mining the companies he is currently involved in.

He gives investment tips if you're looking to invest in mining and resources companies on the stock exchange and what you should be looking for in a company. He explains what’s happening in the finance and private equity markets at the moment and the challenges mining companies are facing in securing finance.

KEY TAKEAWAYS

Red Rock Resources

Is a mix of investments and partners and follows a structure associated with corporate finance. The company has a policy of developing assets then selling them out and keeping a royalty or interest. Red Rock is focused on production and to get things into operation works with others.

Regency Mines

This company didn’t have an immediate revenue production prospect so initially, it was pared back to be as lean as possible. Recently it has moved into metallurgical coal in the United States and this has been a good profit generator.

The destinies of the companies continue to be separate as merging would create a relatively small company with too wide a range of mineral interests.

Attracting Finance

Markets are better at raising short term money than long term money because people want to make money fast.

Banks will never be at the front line for lending to mining as they always want to see a lot of equity return for their lending. Junior miners look towards private equity companies and private investors for finance.

For a more informed investor who is looking longer term, working with a company that has clear strategies for generating revenue will be a good mix. There are always good stocks to invest in and currently, it is a good time to be looking for value.

Investing

Look for combination of a good project with a path to production or cash flow and a management that is dedicated to producing that cash flow

Influence

You can learn from and be influenced by people, from them working in the same industry even if you don’t work with or have met them.

People who have built companies in the same area can all influence to some degree as you can look and see what they did right

BEST MOMENTS

‘We are sure that in the end, this will come right’

‘Nothing, of course, is a straight line up’

‘We don’t just talk the talk about production we’ve actually done it’

‘It's about creating something we can be proud of’

‘If there is an opportunity, it is just about persevering’

‘We have to grow, recruit new people, have new ideas’

ABOUT THE GUEST

Andrew Bell

Andrew Bell is the Chairman and Chief Executive of Red Rock Resources and Regency Mines, both natural resource exploration and development companies who are listed on London’s AIM market who manage a diverse portfolio of mining and oil and gas projects and investments around the world. Andrew’s business experience has been around fund management and advisory work with leading financial institutions, international corporate finance work and private equity and he has a number of company directorships.

Contact Information:

Email: andrew@rrrplc.com

Twitter: armcmb1

LinkedIn: https://www.linkedin.com/in/andrew-bell-20216819/

ABOUT THE HOST

Rob Tyson

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 people’s 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 the 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

Email Rob at rob@mining-international.org

Rob’s LinkedIn

Mining International Official Website
Mining International’s Twitter
Mining International’s Facebook

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Red Rock Resources; Interview With Andrew Bell