Young-gun Mining Awards Open for Nominations
The Young Mining Professionals association wants to recognise those doing well in the first stages of their careers, officially anyone under 40 years old, and has just opened its awards to those outside Canada. Elemental Royalties’ Managing Director, Fred Bell, is a member of the YMP Committee.
Mining leaders talk constantly about the value of youth but usually that commitment ends when a youngster demands a seat at the top table. Elemental Royalties managing director Frederick Bell (safely within the prize age limit) said mining was not the easiest industry to thrive in and it was important to recognise early success. “It’s really good for people to see younger people doing something good in mining, [showing] it’s not unobtainable, and also seeing the diverse group of people who have won it so far,” he said.
The YMP will award the Eira Thomas Prize to the winning woman and the Peter Munk Prize for men at the PDAC conference in Toronto in early March. Last year’s winners were Barrick Gold CFO Catherine Raw and Integra Resources chairman Steven de Jong. Nominations close January 18.
Bell said the YMP was focused on developing the skills of those already in the industry and also bringing new people in. He said it was important companies made clear not everyone joining a miner would be heading down a decline the next day. “How would you get someone who’s really into tech into mining? Those people are never naturally going to go into mining, it just wouldn’t even cross their minds until actually trying to talk to people,” he said.
“You look at a big company like Rio Tinto and all their automated mines in WA [and there would be plenty of appeal].” Bell said there was plenty of wisdom within mining and the YMP made use of that too. “It’s great talking to some of the older guys … who’ve made it,” he said. “They’ve been through times when they’ve lost it and it went downhill, they’re saying don’t be afraid of the cyclicality of the sector, almost take advantage of it.”
The YMP awards are not limited to those in exploration or mining companies, and Bell said nominees from all sides of the industry were welcome. “The first winner on the women’s side created mining protective clothing for women,” he said. “She’d worked in Canada and seen women walking around in ridiculous [men’s] clothing, and just came up with it, and of course every single mine, every single operator said ‘of course’.”
Nominations for the YMP awards can be made at youngminingprofessionals.com
About Elemental Royalties Limited
Elemental is a private company providing investors with exposure to a dividend-paying royalty company building a diverse portfolio of mining royalties, benefiting from ongoing royalty revenue, future exploration upside and low operating costs.
Since early 2017 Elemental has assembled a portfolio of five royalties over seven commodities in four countries, four of which cover producing mines. Immediate cash-flow has enabled the Company to limit dilutive fund-raisings to facilitate royalty acquisitions, and to pay a dividend from inception.
Elemental’s focus remains on securing royalties over advanced assets with established operators and credible counter-parties from a robust pipeline of potential royalty acquisitions across commodities and geographies.
For further information you are invited to visit the Company’s website www.elementalroyalties.com or contact:
|Elemental Royalties Limited|
|Frederick Bell: Managing Director||T: +44 (0) 203 434 633|
|M: +44 (0)755 487 2794|
|Greg Owen: Corporate Development Manager||T: +44 (0) 203 434 633|
|M: +44 (0)7887 554 316|
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