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/Timestamps02:15 - “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: @rscyoutubeLinkedIn: https://www.linkedin.com/company/rsc-mme-ltd Instagram: rsc_gram TikTok: rsc_tiktok #measuredpodcast