Measured

RSC

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Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces.

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Measured #47 - Sefton Darby

In this conversation, René sits down with Sefton Darby to unpack why ESG has attracted so much backlash—and what that means for mining, permitting, and public trust. They talk about the difference between sustainability reporting and real-world outcomes, why “social performance” work often fails when it’s treated as purely external comms, and what the best operators do differently: long lead times, strong internal links to operations, and decisions that change based on community input. They also dig into New Zealand’s fast-tracking debate, the growing pressure to “just get stuff done” amid geopolitical instability, and why cutting corners on regulation can backfire by reducing confidence and acceptance. Finally, they get into the uncomfortable bits: the broken incentives in the exploration-to-mine pathway, why early-stage funding rarely supports social and environmental risk work, and what needs to change—skills, governance, investors, and public science—to build projects that can actually last. Timestamps: 0:01:17 - Guest intro and the conversation agenda 0:02:46 - Setting the scene: career journey into mining policy 0:04:05 - UK government → EITI: corruption, transparency, and extractives 0:08:37 - Returning to NZ and moving into industry (Newmont/Waihi) 0:12:54 - Correnso project: community impacts and “social performance” realities 0:15:29 - Is anyone doing it right? What “good” looks like 0:21:30 - ESG noise, algorithms, and the fast-track era 0:28:35 - New Zealand fast-track + “Shaneocracy”: politics vs long-term licence 0:42:35 - Case examples and the “broken” exploration-to-mine model 0:58:36 - Public science, trust drivers, and why watering down regulation backfires Subscribe / comment: I’d love to hear your take—what does “doing it well” actually look like in practice? Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces. Please enjoy, and don't forget to follow RSC on all our social media platforms! YouTube: @rscyoutube LinkedIn: https://www.linkedin.com/company/rsc-mme-ltd Instagram: rsc_gram TikTok: rsc_tiktok #measuredpodcast

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Measured #46 - Realities of Consulting

Why Projects Blow the Budget: Consultants Tell All Welcome to a deep-dive conversation on the realities of consulting and project management. In this episode, Rene sits down with industry leaders —Tarrant Elkington (GM, Snowden Optiro Consultants), Andrew Hall (MD, AMC Consultants), and Mark Noppé (ex-CEO, XSTRACT Consultants & Chair of SRK) —to explore why so many projects run over budget and what consultants can do about it. We kick off with a candid look at “strategic misrepresentation” and the cognitive biases that affect both consultants and clients, and why even the best teams underestimate costs. Hear candid stories, practical tips, and lessons learned on scoping, client communication, and the power of peer review. If you want to know what really happens behind the scenes in consulting, —and how to avoid common pitfalls, —this conversation is for you!. Timestamps: 16:11 - Having discussions as early as possible 17:05 - Frustration with Procurement departments? 18:59 - It's about communication, stupid! 20:17 - Flyvbjerg's Anchoring approach to project scoping 22:02 - Are you aware of your own anchoring bias? 22:22 - Iteration! 24:46 - Hidden cost, take it on the chin! 29:47 - Fixed-price quotes? 41:26 - Building feedback loops and milestones 43:33 - The Power of Peer Reviews 46:50 - Risk management, governance, boards. Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces. Please enjoy, and don't forget to follow RSC on all our social media platforms! YouTube: @rscyoutube LinkedIn: https://www.linkedin.com/company/rsc-mme-ltd Instagram: rsc_gram TikTok: rsc_tiktok #measuredpodcast

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Measured #45 - Tim Craske

In this conversation, Tim Craske, Director and CEO Geowisdom and Thinker Events, and Rene explore how to drive the industry forward and inspire the next generation of geologists. Discussing the importance of scientific debate and the challenges of fostering innovation in the mining industry they touch on the need for long-term strategy, the impact of geopolitical shifts, and the role of mentoring and nurturing new talent. Charles Darwin Discovery Mentoring Program - for further info visit www.thinker.events Timestamps: 02:48 The importance of work culture. 08:04 Industry problems - Closure of Geology courses in Australia 11:40 The industry is lacking strategy knowledge 15:17 Technology won't change exploration; a different perspective will. 20:36 Morrison Discovery Mentoring Program 27:23 Industry excitement 42:12 Challenge & debate - good for discovery? Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces. Please enjoy, and don't forget to follow RSC on all our social media platforms! YouTube: @rscyoutube LinkedIn: https://www.linkedin.com/company/rsc-mme-ltd Instagram: rsc_gram TikTok: rsc_tiktok #measuredpodcast

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Measured #44 - Victoria Yehl

Rene Sterk dives into the world of National Instrument 43-101 and its upcoming changes. Victoria Yehl, who has worked with the British Columbia Securities Commission for 9 years, shares her expertise on NI 43-101, explains the key changes proposed by the Canadian Securities Administrators, and discusses the importance of engaging technical communication. Want to learn more about National Instrument 43-101? You can find a range of resources at www.bcsc.bc.ca/mining/ The public feedback period on the proposed NI 43-101 amendments ends on 10 October 2025. For more information: https://www.bcsc.bc.ca/-/media/PWS/New-Resources/Securities-Law/Instruments-and-Policies/Policy-4/43101-CSA-Notice-and-Request-for-Comment-June-12-2025.pdf?dt=20250609170103 Timestamps: 2:10 - Victoria discusses her background and journey from being a geologist to joining the BC Securities Commission (BCSC). 10:22 - The BCSC setup and how the team works together. 18:15 - Some of the interesting changes in NI43-101. 22:30 - The Vancouver Resource Investment Conference. 24:20 - Are Retail investors aware of the NI 43-101 report? 39:27 - PEA Disclosure. 56:37 - Classification problems with mineral resources. 01:10:00 - Overregulation? or are these rules helping investors. Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces. Please enjoy, and don't forget to follow RSC on all our social media platforms! YouTube: @rscyoutube LinkedIn: https://www.linkedin.com/company/rsc-mme-ltd Instagram: rsc_gram TikTok: rsc_tiktok #measuredpodcast

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Measured #43 - Steve Beresford & Scott North

In this thought-provoking conversation on the future of mining, Rene delves into the complexities of the mining industry with insights from industry experts Steve Beresford and Scott North. They explore the challenges of exploration, the impact of societal distractions, and the psychological and behavioural roots of the problem. Steve, a man of many hats, including Director of Power Metallic, Founder of Altai Resources, Adjunct Professor at UWA, and Exploration Geologist, and Scott, Co-Founder of Kamoa Capital and industry commentator, discuss why the industry struggles with exploration and the need for a shift in perception. They argue that money isn't the issue; rather, it's the desire to find deposits and the strategic decisions made along the way. Further info about Steve and Scott’s ventures can be found at: • Steve: https://www.altai-resources.com | https://www.powermetallic.com • Scott: https://www.linkedin.com/in/scott-north-k/ Timestamps 02:15 - “Exploration issues are behavioural” 04:45 - or is it a finance issue? 15:12 - “If the project is going to fail, or if it is going to take 25 years, is a constant that is built in right at the very first decision”. 22:21 - Pointing out the behavioural patterns seen. 33:30 - Comparison between China and Australia’s critical minerals processing and skill set. 50:27 - The people required to tackle difficult projects. 1:00:07 - Being distracted by macroeconomics. Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces. Please enjoy, and don't forget to follow RSC on all our social media platforms! YouTube: @rscyoutube LinkedIn: https://www.linkedin.com/company/rsc-mme-ltd Instagram: rsc_gram TikTok: rsc_tiktok #measuredpodcast

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Measured #42 - Heath Arvidson

Heath Arvidson, Chief Scientist at Quartex (formerly K2Fly), has a strong background in mining reconciliation and resource governance. He’s co-authored influential papers with Craig Morley and Rayleen Hargreaves, and recently published a white paper titled "A Management System for Mine Reconciliation", highlighting overlooked aspects of reconciliation. In this chat with Rene, Heath shares how public reporting standards like JORC have driven better practices in resource estimation—and how similar rigor could transform reconciliation. From building sustainable systems to empowering generalists over specialists, the discussion dives into the people, processes, and governance needed to make reconciliation a value-adding business function. A must-listen for anyone passionate about mining, data integrity, and continuous improvement. https://quartexsoftware.com/ - End-to-end software for high-risk industries Quartex helps companies in high-risk, asset-intensive industries operate safely and efficiently. From flight scheduling and accommodation to permitting and resource governance, you’ll have everything you need to run every site right. Timestamps: 01:36 - Heath's current focus - Reconciliation and Software Innovation. 07:00 - Quartex evolving Software for Governance and Training in Mining. 11:30 - Industry Challenges and the Push for Reconciliation Reform 18:00 - Bridging the gap in Mine reconciliation 35:00 - The Challenge of Standardizing Reconciliation Terminology 50:00 - Reconciliation as True Quality Control Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces. Please enjoy, and don't forget to follow RSC on all our social media platforms! YouTube: @rscyoutube LinkedIn: https://www.linkedin.com/company/rsc-mme-ltd Instagram: rsc_gram TikTok: rsc_tiktok #measuredpodcast

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Measured #41 - Mo Srivastava

In this episode of Measured, Rene interviews Mo Srivastava, a Senior Consultant at Red Dot 3D and renowned geostatistician. Reflecting on his dynamic career, Mo shares his continually evolving perspective on the philosophies that underpin consulting, as well as some memorable stories and anecdotes from his global travels. Mo and Rene discuss how effective and meaningful consulting needs to be more than simply supplying technical solutions — long-term success requires working with clients to ensure they also have the resources (and mindsets!) to sustain these outcomes. Timestamps: 00:02:05: Working and travelling around the world 00:12:35: The philosophy of consulting 00:16:40: Project anecdotes 00:32:58: What is a ‘consultant’? 00:40:27: Finding joy in work 00:44:48: Risk taking and career progression 00:51:31: Probabilistic projections and reporting 01:10:23: Statistical significance and materiality 1:29:46: Subjective experience and judgment accuracy Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces. Please enjoy, and don't forget to follow RSC on all our social media platforms! YouTube: @rscyoutube LinkedIn: https://www.linkedin.com/company/rsc-mme-ltd Instagram: rsc_gram TikTok: rsc_tiktok #measuredpodcast

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Measured #40 - Rayleen Hargreaves

Rayleen Hargreaves, Principal Consultant at Snowden Optiro took time out of her busy schedule to answer René’s questions on reconciliation, the common issues encountered, and new industry tools that can assist with reconciliation. Timestamps: 1:38 Why is it so hard to break reconciliation out of Excel? 7:19 Dealing with people problems in reconciliation 10:00 Should there be peer review and auditing guidelines? 12:17 Why we need more literature on underground reconciliation processes. 13:58 Is PowerBI a threat, or something that should be embraced? Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces. Please enjoy, and don't forget to follow RSC on all our social media platforms! YouTube: @rscyoutube LinkedIn: https://www.linkedin.com/company/rsc-mme-ltd Instagram: rsc_gram TikTok: rsc_tiktok #measuredpodcast

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Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces.

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