How to Master the Mining Cycle with Catherine McLeod-Seltzer (Kinross Gold Corp. Board Chair)
Kinross Gold Corp. board chair Catherine McLeod-Seltzer explains how to profitably master the mining cycle in this MSE episode. She shares firsthand insights and success stories from her illustrious career in the junior mining sector.
Ms. McLeod-Seltzer has been the Non-Executive Chair and a director of Bear Creek Mining since 2003 and was the Non-Executive/Independent Chair and a director of Pacific Rim Mining Corp until November 2013. She had been an officer and director of Pacific Rim Mining Corp. since 1997. From 1994 to 1996, she was the President, Chief Executive Officer and a director of Arequipa Resources Ltd., a publicly traded company which she co-founded in 1992. From 1985 to 1993, she was employed by Yorkton Securities Inc. as an institutional trader and broker, and as Operations Manager in Santiago, Chile (1991-92). She has a bachelor’s degree in business administration from Trinity Western University.
0:00 Intro
1:18 Success stories and insights
8:07 Raising money now versus the 90s
9:57 Board of Directors importance to a junior
11:55 Evaluating management team
15:06 Buy the “best of the best”?
16:09 Americans and Canadian junior mining
17:35 Management team vs jurisdictional risk
21:19 Do company advisors hold any value?
22:26 Canadian companies re-domiciling
25:44 Smelting in Canada
26:56 Timing the mining cycle
28:40 How to be contrarian
30:35 Project Generation
36:07 Juniors investing in another junior
37:35 Bear Creek Mining