MINING.com correspondent, Andrew Nelson, interviews the newly appointed President of McEwen Mining, Colin Sutherland, at the most anticipated mining conference of the year, PDAC 2016 in Toronto. Mr. Sutherland has over 20 years of financial and operating experience in the gold mining industry and most recently was the CEO of Archipelago Resources growing it to a 200,000 ounce gold producer. He also personally invested over $500,000 before joining McEwen Mining giving him plenty of skin in the game.
In this interview we discuss:
- The opportunity he saw which led him to join McEwen Mining
- How has it been during his first 2 months at the helm
- Key lessons learned after operating Archipelago Resources in a bear market
- The 5 year plan to grow the business and production
- Discussion on his first acquisition as President
- Rob McEwen's 3 criteria to build a project or not
- Where funding will come from for the company's cornerstone development stage asset Gold Bar
- How the company will enter the S&P 500 which requires a market cap of $5B+ (MUX: Mkt Cap: TSX: $733.90M)
- What Mr. Sutherland hopes to accomplish in his first year as President in 2016
Watch video here: