Money of Mine

Mineral Media
  • 4.9 (12)
  • Investing
  • Updated Semiweekly

Where mining meets equity markets, and noise gets cut to signal. We unpack the stories moving commodities, companies, and capital without the fluff. Featuring candid conversations with fund managers, executives, and commodity specialists. Hosted by Travis Ricciardo and Jonas Dorling.

  1. 2d ago

    When Technology Outruns Commodities (Alex Turnbull)

    Alex Turnbull once sent an out-of-work Mongolian translator with a drone to the Chinese border to count coal trucks. Two years ago he told us data centres were the new EVs, and that silver could get very silly. It was $28 at the time. It hit $100 in January. The former Goldman special situations banker and founder of Singapore’s Sagax fund is back, and he thinks the critical minerals market is trading on vibes. Alex covers: The Mongolia drone storyWhy critical minerals equities now trade tick for tick with Trump’s pollingChina’s “magic pudding” of diesel, and whether it has run dryA jet ski, some explosives and a guidance system: the new veto on global shippingElectric haul trucks, and why he thinks BHP will regret its stanceThe photonics breakthrough that could make data centres 20 times more efficientWhy Caterpillar looks more exposed than copperGallium, germanium and indium: the trades the big houses won’t touch ……………  TIMESTAMPS   (0:00) Intro (01:30) The Mongolia Drone Story (05:10) Critical Minerals and the Trump Trade (09:30) The Hormuz Crisis (13:20) Diesel and Electric Mining Trucks (19:10) Refining and Fertilizer (24:20) Coal, Power and Data Centers (32:20) Data Center Energy Efficiency (38:40) Copper and Uranium (44:20) Lithium (50:10) Gallium, Germanium and Indium ……………    Join 19k+ subscribers to the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Director’s Special⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠:one daily email with all the news that matters in mining   ……………    PARTNERS  Thank you to the mining services businesses that make this content possible:   • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sandvik Ground Support⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ – The only ground supportyou’ll ever need • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Titan Recruitment⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ – Specialists in engineering and technology recruitment • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Focus by Marketech⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ – All your mining news and market needs in one powerful platform | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠10-day free trial⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠SS&C Intralinks⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ – Powering deals with unmatched security and efficiency ……………    FOLLOW & CONNECT  • YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@MoneyofMine⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠    • Twitter / X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@moneyofminepod⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Travis Ricciardo: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TRAVmoneyofmine⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Jonas Dorling: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@JDmoneyofmine⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Email us Word on the Decline: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠gc@moneyofmine.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  ……………    DISCLAIMER  All information in this podcast is for education andentertainment purposes only and is of general nature only. Please ensure you read our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠full disclaimer⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

  2. Oct 12

    10 Special Situations (ASX Small Caps)

    We went hunting for value disconnects with a clock ticking and came up with 10 special situations in ASX small cap resources. Some are textbook merger arbs, some are cash boxes the market refuses to count, and a few are special situation adjacent at best. Along the way there’s a gold vault carried at cost for 20 years, a bidder who already owns 20%, and a Chinese parent trying to take the board instead of paying for the company. None of them are layups, so we dig into the downside as well as trying to quantify the upside. ……………  TIMESTAMPS   (00:00) Intro (01:40) Situation #1 (06:30) Situation #2 (12:00) Situation #3 (17:30) Situation #4 (24:40) Situation #5 (29:40) Situation #6 (35:40) Situation #7 (41:50) Situation #8 (47:30) Situation #9 ……………    Join 19k+ subscribers to the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Director’s Special⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠:one daily email with all the news that matters in mining   ……………    PARTNERS  Thank you to the mining services businesses that make this content possible:   • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sandvik Ground Support⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ – The only ground supportyou’ll ever need • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Titan Recruitment⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ – Specialists in engineering and technology recruitment • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Focus by Marketech⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ – All your mining news and market needs in one powerful platform | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠10-day free trial⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠SS&C Intralinks⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ – Powering deals with unmatched security and efficiency • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Exceed Capital⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ – Diversify your portfolio with Exceed’s property trusts ……………    FOLLOW & CONNECT  • YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@MoneyofMine⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠    • Twitter / X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@moneyofminepod⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Travis Ricciardo: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TRAVmoneyofmine⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Jonas Dorling: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@JDmoneyofmine⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Email us Word on the Decline: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠gc@moneyofmine.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  ……………    DISCLAIMER  All information in this podcast is for education andentertainment purposes only and is of general nature only. Please ensure you read our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠full disclaimer⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

  3. Oct 7

    Sprott: The Best Business in Mining? (John Ciampaglia)

    We're hunting far and wide for the best businesses in mining. Naturally, we had to speak with Sprott, one of the mining industry's best known brands. From the Sprott Physical Uranium Trust (SPUT) to its physical gold and silver trusts and the Uranium Miners ETF (URNM), Sprott has grown enormously since its early days. Joining us is John Ciampaglia, CEO of Sprott Asset Management, to talk through his 16-year journey of highs and lows. • Why Sprott's gold sits in the Royal Canadian Mint • Telling half the staff they no longer worked at Sprott • The New York trader who rang to say they were wrecking the uranium market • "Let's do $300m, that'll last two years." It lasted three weeks. • The price where SPUT holders would happily hand over 82 million pounds ……………  TIMESTAMPS   (00:00) Sprott is up 4x in three years(00:55) Why John joined Sprott in 2010(04:20) Eric Sprott and life after a star founder(06:55) Why Sprott's gold sits in the Royal Canadian Mint(12:30) Surviving the commodity bear market(14:55) Central GoldTrust and Central Fund of Canada(19:50) Splitting the company in two(23:00) Project Nuke: winning over the UPC board(28:30) $300m of uranium sold in three weeks(33:30) Can SPUT move the uranium price?(36:40) What's the endgame for SPUT?(42:40) Buying URNM and launching URNJ(44:45) What makes a commodity right for a physical trust(46:50) The Rare Earths ex-China ETF(49:50) Sprott's wealth business(53:20) Is Sprott a takeover target? ……………    Join 19k+ subscribers to the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Director’s Special⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠:one daily email with all the news that matters in mining   ……………    PARTNERS  Thank you to the mining services businesses that make this content possible:   • ⁠⁠⁠⁠⁠⁠⁠⁠⁠Sandvik Ground Support⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ – The only ground supportyou’ll ever need • ⁠⁠⁠⁠⁠⁠⁠⁠⁠Titan Recruitment⁠⁠⁠⁠⁠⁠⁠⁠⁠ – Specialists in engineering and technology recruitment • ⁠⁠⁠⁠⁠⁠⁠⁠⁠Focus by Marketech⁠⁠⁠⁠⁠⁠⁠⁠⁠ – All your mining news and market needs in one powerful platform | ⁠⁠⁠⁠⁠⁠⁠⁠⁠10-day free trial⁠⁠⁠⁠⁠⁠⁠⁠⁠ • ⁠⁠⁠⁠⁠⁠⁠⁠⁠SS&C Intralinks⁠⁠⁠⁠⁠⁠⁠⁠⁠ – Powering deals with unmatched security and efficiency • ⁠⁠⁠⁠⁠⁠⁠⁠⁠Exceed Capital⁠⁠⁠⁠⁠⁠⁠⁠⁠ – Diversify your portfolio with Exceed’s property trusts ……………    FOLLOW & CONNECT  • YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@MoneyofMine⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠    • Twitter / X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@moneyofminepod⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Travis Ricciardo: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TRAVmoneyofmine⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Jonas Dorling: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@JDmoneyofmine⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Email us Word on the Decline: ⁠⁠⁠⁠⁠⁠⁠⁠⁠gc@moneyofmine.com⁠⁠⁠⁠⁠⁠⁠⁠⁠  ……………    DISCLAIMER  All information in this podcast is for education andentertainment purposes only and is of general nature only. Please ensure you read our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠full disclaimer⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

  4. Oct 3

    Deal Fever: NST Dodges, LYC Deals

    Australia’s biggest gold deal is here, with Gold Fields locking Northern Star in its gaze. There's so much to this story. We get into why this isn't a rerun of Gold Road, what Gold Fields does next and whether an NST board mid-CEO transition has the backbone to go it alone. Plus, Lynas strikes an all-scrip deal for Meteoric, and Robert Friedland delivers one of the great keynotes at Mining Forum Americas (MFA). We cover: Gold Fields makes its move Why NST rejected the proposal, the missing CEO voice and who's winning the media war Could Agnico interlope, and is there a play for WA mid-tiers in a joint bid? The US$4–5b synergy case Highlights from Friedland's MFA classic Key themes from MFA Lynas buys Meteoric: the Caldera ionic clay project, a mystery suitor and a buy-side grilling on the deal call The Qs that stumped LYC Read-through for Viridis and the Brazilian ionic clay names ……………    TIMESTAMPS   (00:50) Gold Fields' Bid for Northern Star (05:40) The Gold Road Playbook (12:20) Northern Star's Response (20:30) Could Agnico Eagle Step In? (26:10) What Happens Next for Northern Star (32:40) Robert Friedland's Keynote (38:30) Lynas Buys Meteoric (46:10) Who Was Lynas Talking To? ……………    Join 19k+ subscribers to the ⁠⁠⁠⁠⁠⁠⁠⁠⁠Director’s Special⁠⁠⁠⁠⁠⁠⁠⁠⁠:one daily email with all the news that matters in mining   ……………    PARTNERS  Thank you to the mining services businesses that make this content possible:   • ⁠⁠⁠⁠⁠⁠⁠⁠Sandvik Ground Support⁠⁠⁠⁠⁠⁠⁠⁠⁠ – The only ground supportyou’ll ever need • ⁠⁠⁠⁠⁠⁠⁠⁠Titan Recruitment⁠⁠⁠⁠⁠⁠⁠⁠ – Specialists in engineering and technology recruitment • ⁠⁠⁠⁠⁠⁠⁠⁠Focus by Marketech⁠⁠⁠⁠⁠⁠⁠⁠ – All your mining news and market needs in one powerful platform | ⁠⁠⁠⁠⁠⁠⁠⁠10-day free trial⁠⁠⁠⁠⁠⁠⁠⁠ • ⁠⁠⁠⁠⁠⁠⁠⁠SS&C Intralinks⁠⁠⁠⁠⁠⁠⁠⁠ – Powering deals with unmatched security and efficiency • ⁠⁠⁠⁠⁠⁠⁠⁠Exceed Capital⁠⁠⁠⁠⁠⁠⁠⁠ – Diversify your portfolio with Exceed’s property trusts ……………    FOLLOW & CONNECT  • YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠@MoneyofMine⁠⁠⁠⁠⁠⁠⁠⁠⁠    • Twitter / X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠@moneyofminepod⁠⁠⁠⁠⁠⁠⁠⁠⁠ • ⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Travis Ricciardo: ⁠⁠⁠⁠⁠⁠⁠⁠⁠@TRAVmoneyofmine⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Jonas Dorling: ⁠⁠⁠⁠⁠⁠⁠⁠⁠@JDmoneyofmine⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Email us Word on the Decline: ⁠⁠⁠⁠⁠⁠⁠⁠gc@moneyofmine.com⁠⁠⁠⁠⁠⁠⁠⁠  ……………    DISCLAIMER  All information in this podcast is for education andentertainment purposes only and is of general nature only. Please ensure you read our ⁠⁠⁠⁠⁠⁠⁠⁠⁠full disclaimer⁠⁠⁠⁠⁠⁠⁠⁠⁠.

  5. Sep 30

    If You Don't Pay a Dividend, You're Not in Business (Tony Kiernan)

    Tony Kiernan has chaired more WA miners into the big leagues than just about anyone. He was founding chair of BC Iron when it listed at around $12m, chaired Pilbara Minerals from lithium hopeful to the ASX 50, chaired Saracen through the Super Pit deal and Northern Star merger, and has chaired Genesis from about $330m to a gold producer worth more than $8B+. He's a former lawyer from a trucking family, and his father's line stuck: "If you don't pay a dividend, you're not in business, son." Decades of shareholder letters show a philosophy that has barely moved. We wanted to understand how he does it. Tony covers: • The three rules he gives anyone trying to make it in mining• Why cash in the bank beats accounting profits, and how much he always keeps in reserve • Stories from BC Iron, Pilbara, Saracen, Genesis and selling an Eritrean gold mine to the Chinese• How he sizes up MDs, and why he rates CFOs so highly • The Altura deal and backing lithium when nobody else would • Proxy advisors, executive chairs and what makes a good director • Why six is the right number of directors ……………    TIMESTAMPS   (0:00) Tony Kiernan's Business Philosophy (08:15) The Drilling Business and Eritrea (14:27) How to Chair a Board (19:25) Pilbara Minerals and Lithium (24:05) Dealmaking and the Altura Acquisition (30:19) Proxy Advisors (35:46) What It Means to Be a Director (41:55) Lachlan Star ……………    Join 19k+ subscribers to the ⁠⁠⁠⁠⁠⁠⁠⁠Director’s Special⁠⁠⁠⁠⁠⁠⁠⁠:one daily email with all the news that matters in mining   ……………    PARTNERS  Thank you to the mining services businesses that make this content possible:   • ⁠⁠⁠⁠⁠⁠⁠Sandvik Ground Support⁠⁠⁠⁠⁠⁠⁠⁠ – The only ground supportyou’ll ever need • ⁠⁠⁠⁠⁠⁠⁠Titan Recruitment⁠⁠⁠⁠⁠⁠⁠ – Specialists in engineering and technology recruitment • ⁠⁠⁠⁠⁠⁠⁠Focus by Marketech⁠⁠⁠⁠⁠⁠⁠ – All your mining news and market needs in one powerful platform | ⁠⁠⁠⁠⁠⁠⁠10-day free trial⁠⁠⁠⁠⁠⁠⁠ • ⁠⁠⁠⁠⁠⁠⁠SS&C Intralinks⁠⁠⁠⁠⁠⁠⁠ – Powering deals with unmatched security and efficiency • ⁠⁠⁠⁠⁠⁠⁠Exceed Capital⁠⁠⁠⁠⁠⁠⁠ – Diversify your portfolio with Exceed’s property trusts ……………    FOLLOW & CONNECT  • YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠@MoneyofMine⁠⁠⁠⁠⁠⁠⁠⁠    • Twitter / X: ⁠⁠⁠⁠⁠⁠⁠⁠@moneyofminepod⁠⁠⁠⁠⁠⁠⁠⁠ • ⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠  • Travis Ricciardo: ⁠⁠⁠⁠⁠⁠⁠⁠@TRAVmoneyofmine⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Jonas Dorling: ⁠⁠⁠⁠⁠⁠⁠⁠@JDmoneyofmine⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Email us Word on the Decline: ⁠⁠⁠⁠⁠⁠⁠gc@moneyofmine.com⁠⁠⁠⁠⁠⁠⁠  ……………    DISCLAIMER  All information in this podcast is for education andentertainment purposes only and is of general nature only. Please ensure you read our ⁠⁠⁠⁠⁠⁠⁠⁠full disclaimer⁠⁠⁠⁠⁠⁠⁠⁠.

  6. Sep 26

    The Art & Science of Discovery Investing (Tom Woolrych)

    Tom Woolrych is back. The man, the myth, geologist-turned-fund manager and champion of the GeoAlpha strategy returns to talk about how he's honed his investing style, plus a whole bunch of stocks catching his eye. He's brought his geological models to visually walk us through each of them, teaching us plenty along the way. In this ep, Tom covers: • GeoAlpha and his third dimension on the Lassonde curve • His conservative 5-6Moz read on San Lorenzo's Salvadora • What's keeping Q2 Metals below a $1B market cap • The vertical holes drilled in 2017 that walked straight past a gold system at a $30m junior • What he makes of Aussie hopefuls Kaoko, Solstice & Midas Follow Tom: X: https://x.com/tom_woolrych LinkedIn: https://www.linkedin.com/in/thomas-woolrych-b0087513/ ……………    TIMESTAMPS   (0:00) Portfolio Returns(4:30) GeoAlpha and the 3D Lassonde Curve(13:10) San Lorenzo Gold: Why Stay Long at C$800M(20:20) San Juan Porphyry, Bear Case, and Resource Potential(26:30) Andina Copper and the Colombia Discount(35:30) Q2 Metals: A Tier One Lithium Deposit(41:20) Adding to Winners and Why Snowline Hasn't Been Bought(44:50) Hercules Metals (BIG)(52:50) Centauri Minerals(58:00) Ongwe Minerals(1:05:10) BPM Minerals(1:08:50) Precore Gold(1:17:30) Tectonic Metals(1:20:30) ASX Discovery Hype: Kaoko, Midas, and Solstice(1:28:00) Bad Geology, Newfound Gold, and Shorting ……………    Join 19k+ subscribers to the ⁠⁠⁠⁠⁠⁠⁠⁠⁠Director’s Special⁠⁠⁠⁠⁠⁠⁠⁠⁠:one daily email with all the news that matters in mining   ……………    PARTNERS  Thank you to the mining services businesses that make this content possible:   • ⁠Sandvik Ground Support⁠⁠ – The only ground support you’ll ever need • ⁠Titan Recruitment⁠ – Titan Recruitment - Specialists in engineering and mining technical services recruitment • ⁠Focus by Marketech⁠ – All your mining news and market needs in one powerful platform | ⁠10-day free trial⁠ • ⁠SS&C Intralinks⁠ – Powering deals with unmatched security and efficiency • ⁠Exceed Capital⁠ – Diversify your portfolio with Exceed’s property trusts • ⁠IMARC 2026⁠ – Sydney, October 27th – 29th. Get your tickets ⁠here⁠ – investors go free ……………    FOLLOW & CONNECT  • YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠@MoneyofMine⁠⁠⁠⁠⁠⁠⁠⁠⁠    • Twitter / X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠@moneyofminepod⁠⁠⁠⁠⁠⁠⁠⁠⁠ • ⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Travis Ricciardo: ⁠⁠⁠⁠⁠⁠⁠⁠⁠@TRAVmoneyofmine⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Jonas Dorling: ⁠⁠⁠⁠⁠⁠⁠⁠⁠@JDmoneyofmine⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Email us Word on the Decline: ⁠⁠⁠⁠⁠⁠⁠⁠gc@moneyofmine.com⁠⁠⁠⁠⁠⁠⁠⁠  ……………    DISCLAIMER  All information in this podcast is for education and entertainment purposes only and is of general nature only. Please ensure you read our ⁠⁠⁠⁠⁠⁠⁠⁠⁠full disclaimer⁠⁠⁠⁠⁠⁠⁠⁠⁠.

  7. Sep 23

    What 2 Decades Trading Commodities Taught Fred Seguy

    Former power trader Fred Seguy joins us to talk about hispath to the trading floors at EDF, Gunvor and Shell and on to running his own book. Fred writes the Fred's Corner Substack and walks us throughhow he blends fundamentals, charts and risk management across commodities and equities, after decades honing his craft. • Risk management, Taleb and why "nothing is guaranteed"• How he avoids killing profits from over-trading• His call on oil earlier this year and why he now sees an $80-85 floor• Why he's sitting out copper and doesn't buy the AI power demand story• Nickel's cost curve, uranium via Sprott and Yellowcake, and his PGM and gold positions• Brazil and Vietnam as EM value plays heading into elections Fred’s Corner Substack: https://fredscorner.substack.com/ ……………    TIMESTAMPS   (00:00) Who is Fred Seguy(04:50) Weather and Renewables Edge(11:30) Oil Long Thesis Example(18:20) Copper and the Narrative Trap(25:00) Nickel Cost Curve and Carry(30:30) PGMs and Gold Breakouts(34:50) Oil Floors(38:07) Emerging Market Bets(43:52) Rapid Fire ……………    Join 19k+ subscribers to the ⁠⁠⁠⁠⁠⁠⁠⁠Director’s Special⁠⁠⁠⁠⁠⁠⁠⁠:one daily email with all the news that matters in mining   ……………    PARTNERS  Thank you to the mining services businesses that make this content possible:   • Sandvik Ground Support⁠ – The only ground support you’ll ever need • Titan Recruitment – Titan Recruitment - Specialists in engineering and mining technical services recruitment • Focus by Marketech – All your mining news and market needs in one powerful platform | 10-day free trial • SS&C Intralinks – Powering deals with unmatched security and efficiency • Exceed Capital – Diversify your portfolio with Exceed’s property trusts • IMARC 2026 – Sydney, October 27th – 29th. Get your tickets here – investors go free ……………    FOLLOW & CONNECT  • YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠@MoneyofMine⁠⁠⁠⁠⁠⁠⁠⁠    • Twitter / X: ⁠⁠⁠⁠⁠⁠⁠⁠@moneyofminepod⁠⁠⁠⁠⁠⁠⁠⁠ • ⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠  • Travis Ricciardo: ⁠⁠⁠⁠⁠⁠⁠⁠@TRAVmoneyofmine⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Jonas Dorling: ⁠⁠⁠⁠⁠⁠⁠⁠@JDmoneyofmine⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Email us Word on the Decline: ⁠⁠⁠⁠⁠⁠⁠gc@moneyofmine.com⁠⁠⁠⁠⁠⁠⁠  ……………    DISCLAIMER  All information in this podcast is for education and entertainment purposes only and is of general nature only. Please ensure you read our ⁠⁠⁠⁠⁠⁠⁠⁠full disclaimer⁠⁠⁠⁠⁠⁠⁠⁠.

  8. Sep 19

    The Man Who Killed the Iron Ore Benchmark

    Marius Kloppers spent nearly a decade fighting to tear up the way the world priced iron ore.  In his words, "I carry the scars on my back for bringing this matter to the attention of the world."  After the most turbulent decade in recent commodity market history, he won. Iron ore would float on the open market.  We relive the fight, and look at it in the context of today's standoff, with China's state buyer CMRG organising to claw back power from the Aussie majors.  ……………    TIMESTAMPS   (0:00) BHP Ends the Benchmark(7:10) How Annual Pricing Worked(10:50) China Enters the Picture(16:50) Meet Marius Kloppers(22:50) 2000s Price Shocks and Freight(28:50) Kloppers Pushes Market Pricing(34:40) Takeover Bid and Benchmark Cracks(40:40) GFC Fallout and Contract Defaults(47:30) Stern Hu Arrest and Spot Victory(56:10) CMRG Returns, Price Wars ……………    Join 19k+ subscribers to the ⁠⁠⁠⁠⁠⁠⁠⁠Director’s Special⁠⁠⁠⁠⁠⁠⁠⁠:one daily email with all the news that matters in mining   ……………    PARTNERS  Thank you to the mining services businesses that make this content possible:   • ⁠⁠⁠⁠⁠⁠⁠Sandvik Ground Support⁠⁠⁠⁠⁠⁠⁠⁠ – The only ground supportyou’ll ever need • ⁠⁠⁠⁠⁠⁠⁠Titan Recruitment⁠⁠⁠⁠⁠⁠⁠ – Specialists in engineering and technology recruitment • ⁠⁠⁠⁠⁠⁠⁠Focus by Marketech⁠⁠⁠⁠⁠⁠⁠ – All your mining news and market needs in one powerful platform | ⁠⁠⁠⁠⁠⁠⁠10-day free trial⁠⁠⁠⁠⁠⁠⁠ • ⁠⁠⁠⁠⁠⁠⁠SS&C Intralinks⁠⁠⁠⁠⁠⁠⁠ – Powering deals with unmatched security and efficiency • ⁠⁠⁠⁠⁠⁠⁠Exceed Capital⁠⁠⁠⁠⁠⁠⁠ – Diversify your portfolio with Exceed’s property trusts ……………    FOLLOW & CONNECT  • YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠@MoneyofMine⁠⁠⁠⁠⁠⁠⁠⁠    • Twitter / X: ⁠⁠⁠⁠⁠⁠⁠⁠@moneyofminepod⁠⁠⁠⁠⁠⁠⁠⁠ • ⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠  • Travis Ricciardo: ⁠⁠⁠⁠⁠⁠⁠⁠@TRAVmoneyofmine⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Jonas Dorling: ⁠⁠⁠⁠⁠⁠⁠⁠@JDmoneyofmine⁠⁠⁠⁠⁠⁠⁠⁠⁠  • Email us Word on the Decline: ⁠⁠⁠⁠⁠⁠⁠gc@moneyofmine.com⁠⁠⁠⁠⁠⁠⁠  ……………    DISCLAIMER  All information in this podcast is for education andentertainment purposes only and is of general nature only. Please ensure you read our ⁠⁠⁠⁠⁠⁠⁠⁠full disclaimer⁠⁠⁠⁠⁠⁠⁠⁠.

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Hosts & Guests

4.9
out of 5
12 Ratings

About

Where mining meets equity markets, and noise gets cut to signal. We unpack the stories moving commodities, companies, and capital without the fluff. Featuring candid conversations with fund managers, executives, and commodity specialists. Hosted by Travis Ricciardo and Jonas Dorling.

Information

  • Creator
    Mineral Media
  • Years Active
    2019 - 2026
  • Episodes
    591
  • Rating
    Explicit
  • Copyright
    © Mineral Media
  • Show Website
    Money of Mine

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