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Bridging the Gap: The Role of Artisanal Mining in Global Economic Resilience

Bridging the Gap: The Role of Artisanal Mining in Global Economic Resilience

Episode 506 Published 1 year, 4 months ago
Description

In this episode, we chat with Brooke Bibeault, CEO of Makor Resources, an African junior miner exploring developing the next generation of world leading mines across the artisanal and small-scale sector. They enable Artisanal and Small-Scale businesses in the raw materials value chain - from "Mine to Main Street", Production to Retail - to manage risks, build resilient sourcing strategies, capture value, and invest for social impact to address some of today’s most pressing concerns.

Brooke has a diverse background in leadership development and business strategy and became the CEO of Makor Resources in 2019 when she moved to Africa. She gives us the background to the company, its mission in helping artesian miners develop locally and ethically sourced materials, her new A1 platform Sensr 360, her new podcast Mine to Main Street, and more.

KEY TAKEAWAYS

  • Makor Resources aims to transform ASM into a legitimate and investable sector, recognising its significant contribution to global mineral production and the economic potential it holds for local communities.
  • The introduction of Sensor360, an AI-driven platform, allows for real-time monitoring and verification of ESG compliance, helping to identify discrepancies and mitigate risks associated with mining operations.
  • Makor Resources emphasises the importance of engaging local communities in the mining process, ensuring that they benefit from the resources extracted and that their needs and priorities are considered in decision-making.
  • The approach to mining should prioritise long-term stability and community development over short-term profits, focusing on building sustainable ecosystems that outlast the life of the mine.
  • There is a need to shift the perception of mining from being a "dirty" industry to one that plays a crucial role in global economic resilience, innovation, and sustainable development, highlighting the positive impacts and stories from the sector.

BEST MOMENTS

"My career really has always been about solving high stake problems at the intersection of power, and looking at economics and global impact." 

"Artisanal and small-scale mining represents one of the largest untapped economic potentials in the global resource sector."

"Mining depends on communities, and it's not about charity; it's about strategic alignment." 

"I think the biggest failures of traditional mining is that too much value gets extracted and too little gets reinvested into the communities." 

VALUABLE RESOURCES

Mail:        rob@mining-international.org

LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/

X:              https://twitter.com/MiningRobTyson 
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast 

Web:        http://www.mining-international.org

This episode is sponsored by Hawcroft, leaders in property risk management since 1992. They offer:

  • Insurance risk surveys recognised as an industry standard
  • Construction risk reviews
  • Asset criticality assessments and more

Working across over 600 sites globally, Hawcroft supports mining, processing, smelting, power, refining, ports, and rail operations. For bespoke property risk management services, visit www.hawcroft.com

GUEST SOCIALS

https://www.makorresources.com/

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