Stephen de Jong: Money is Out There, but Miners Need to Work for It

TL;DR

Deep DeJong, co-CEO of Verify and former CEO of Integra Gold, emphasizes the significance of technology adoption and improved communication in the mining industry to showcase the value and benefits to investors.

Transcript

I'm Charlotte McLeod with the investi news network and here today with me it's deep to John chairman have been taken resources and co-ceo of verify thanks so much for joining me today thanks for having me so you were best known for your role at integrable and which sold to El Dorado cult back in in 2017 for 600 million recently you launched your ne... Read More

Key Insights

• ❓ Technology adoption can improve mining companies' operations and marketing efforts, showcasing the economic, financial, and social benefits of mining.
• 💨 The mining industry should find new ways to communicate its value propositions and stories to stand out from the competition.
• 💨 Connect with non-traditional resource investors, including Millennials, by refining and presenting mining stories in a more accessible and engaging way.

Questions & Answers

Q: Why is bringing new technology important to the mining industry?

Technology adoption can enhance business operations and marketing efforts in the mining industry, allowing companies to showcase success stories and the benefits they bring to stakeholders. It also helps the industry evolve in line with advancements in technology.

Q: How does Verify's video, "Mining Promotion Lesson 1," address the need for improved communication in mining companies?

"Mining Promotion Lesson 1" video humorously points out the overused phrases in the industry, highlighting the need for new ways to communicate the value propositions of mining companies. It emphasizes the importance of finding innovative ways to stand out and differentiate companies with strong stories.

Q: Does Verify's focus on technology and communication aim to attract younger investors to the mining industry?

While there is a need to connect with Millennials, Verify's objective is to connect with non-traditional resource investors who may not understand technical mining terms. By refining and presenting mining stories in a way that appeals to a broader audience, including Millennials, Verify aims to attract capital back to the industry.

Q: What is happening at Integra Resources?

Integra Resources is not a spin-off of Integra Gold but a new company formed by the same team after the acquisition. They acquired an asset in Idaho that had been shut down for 25 years. Integra Resources plans to reassess the project based on the current gold price and focus on exploration to uncover the low-hanging fruit and potential high-grade feeder systems.

Summary & Key Takeaways

• Deep DeJong, known for his role at Integra Gold, launched a new company called Verify, which aims to build on technological innovations in mining to provide a digital platform for investors to make informed decisions.

• Technology adoption in the mining industry can improve business operations and marketing efforts, showcasing the economic, financial, and social benefits of mining and resource exploration.

• Verify created a video, "Mining Promotion Lesson 1," to highlight overused phrases in the mining industry and the need for new ways of communication to differentiate companies with strong value propositions.