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Bill Beament grew up in a working class family out of Esperance in Western Australia. He dreamed of being a general manager of a mine one day. Instilled at a young age with a deep work ethic and an acute commercial sense, he achieved much, much more than this as CEO and Executive Chair of Northern Star. Bill reshaped the underground gold mining industry and built from scratch a $16b, ASX 50 behemoth. Not resting on his laurels though, Bill has more recently turned his attention to wrapping up all his learnings about mining, about people and about leadership to his own venture Develop Global (ASX:DVP), which is on the precipice of replicating Northern Star's success in critical minerals with its unique business model of both mining services and mine ownership. This is one of Australia's great stories, largely unknown and untold outside the resource community so heavily centred in Perth, but the scaling lessons, as you'll hear, are applicable to all sectors and leaders of businesses, of all shapes and sizes. This episode takes you underground into a world unfamiliar to most, but applicable to all. I hope you enjoyed this episode of Scaling Up with Bill Beament, CEO and founder of Develop Global. Show Notes: CHAPTERS: (00:55): Bill's upbringing in country WA (04:09): Starting in the underground industry (06:19): Lessons from Barminco (09:11): Building Northern Star (14:03): What makes a world-class underground mine operator (18:48): Operational excellence at Northern Star and starting Develop Global (24:23): Unearthing critical minerals (29:14): DVP's business model (32:34): Buying Woodlawn mine (35:59): Best in class hiring and retaining talent (41:47): Remuneration philosophy
The world's largest battery-electric truck for underground mining is on its way to becoming commercially available in 2024. Sandvik's 65 t TH665B machine removes between 1 t and 2 t of carbon dioxide (CO2) a day, along with heat and noise. “When we talk about sustainability and electrifying mining, we focus a lot on what we can reduce, such as CO2 emissions, heat and noise. That's one side of the coin, and that's great. “But what's important to emphasise, too, is that you can also increase a lot of things. Battery-electric machines have more power, which provides the potential to improve performance, speed and tons moved,” Sandvik VP strategy and commercial for the battery and hybrid/electric-vehicles business unit of Sandvik Mining & Rock Solutions Jakob Rutqvist highlighted to Mining Weekly in a Zoom interview. (Also watch attached Creamer Media video.) By the end of this year, Sandvik will have three proven battery-electric production units to help satisfy the rapidly increasing demand for decarbonisation – a 4 t loader, 18 t loader and 50 t truck. The 65 t truck will be the next big product launch, amid the company's overall commitment to provide – by the end of 2025 – an offering covering all the major size classes, with the exception of low-profile machines. “Low profile is one of the potential next steps beyond 2025,” said Rutqvist. The official unveiling of the 65 t battery-electric truck was one of the attractions of this month's Electra Mining Africa exhibition in Johannesburg, which was attended by more than 30 000 people at a time when major mining companies the world over are going all out to meet their net-zero decarbonisation commitments. The deployment of a full renewables-powered Sandvik loader and truck fleet underground is calculated to cut total mine emissions by around 35%. When engaged in heavy load work on a steep ramp, the 65 t battery-electric truck has a runtime of roughly one-and-a-half hours to two hours. When on level terrain, that runtime can extend to three hours before requiring the battery to be swopped, which takes about five minutes. While one battery is in operation, the other is charging. The low-noise TH665B, which also has collision avoidance and digital prompt systems, is to undergo site acceptance testing at Western Australia's Sunrise Dam gold mine, beginning early next year. “We're going to put it to very hard use with Barminco and AngloGold Ashanti for the first half of next year. I'm sure we'll learn a lot, and then we'll implement some improvements, and maybe some product upgrades, based on what we learn,” said Rutqvist. Sandvik's first battery-electric entry into Africa will be with the 18 t battery-electric LH518B underground loader at South Africa's South Deep gold mine, a mechanised operation 50 km southwest of Johannesburg, where a 60 MW solar power development is under way. On the development of the solar farm, Rutqvist said: “I was very impressed when I saw that last week.” The commissioning of the battery-electric loader, already a commercial product, will begin early next year. “We're well prepared, both on the customer side and on Sandvik's side, for a successful introduction of this technology in South Africa,” said Rutqvist. Canada is currently the leading battery-electric market, with Australia, northern Europe and Africa rapidly picking up pace. Mining Weekly: What milestones has Sandvik already achieved when it comes to electrification? Rutqvist: We started a very long time ago. The first electric loader came out the same year I was born, so that's 1982, and the first electric truck came in the late 80s. These were cable electric, connected to the mine grid with a cable. We launched our first automated electric loader in 2009 and then acquired Artisan Vehicle Systems in 2019, which is where I sit right now. This is our R&D hub, battery- and prototype factory for battery-electric vehicles, the big new thing. This year is a milestone because we've secured some very ...
Welcome to the first episode of the ENTECH LEGENDS series, proudly bought to you by the crew at Entech. If you are looking for an International Mining Consultant specialist, check them out at www.entechmining.com.au for all of your Resource Geology, Mining Engineering, Geotechnical and Ventilation needs. For our first Mining Legend, we’ve got Dave Law. Dave has 47 years Mining experience where he covered Airlegging, Shaft Sinking and all levels of Management for Underground Mining. Dave is a very well known Underground Mining figure that many Miners worked with and followed around for years with Eltin, Barminco and ACM. We had a great yarn about Dave’s Mining career and we reflected on all the things that have changed in Mining for both the better and for the worse. Great yarn so sit back and enjoy.
Welcome to the first episode of the ENTECH LEGENDS series, proudly bought to you by the crew at Entech. If you are looking for an International Mining Consultant specialist, check them out at www.entechmining.com.au for all of your Resource Geology, Mining Engineering, Geotechnical and Ventilation needs. For our first Mining Legend, we've got Dave Law. Dave has 47 years Mining experience where he covered Airlegging, Shaft Sinking and all levels of Management for Underground Mining. Dave is a very well known Underground Mining figure that many Miners worked with and followed around for years with Eltin, Barminco and ACM. We had a great yarn about Dave's Mining career and we reflected on all the things that have changed in Mining for both the better and for the worse. Great yarn so sit back and enjoy.
Percy Porter is one of Barminco’s long serving employees, knocking up over 20 years in his tenure. In this Part 1, we go into Percy’s early years as an Airleg Miner and then discuss his transition into Management, where he is still prevalent today. Percy also gives a great insight into the day to day role as a Project Manager and what he looks for to ensure Contracts stay both safe and profitable. Plenty of war stories in here.
Percy Porter is one of Barminco's long serving employees, knocking up over 20 years in his tenure. In this Part 1, we go into Percy's early years as an Airleg Miner and then discuss his transition into Management, where he is still prevalent today. Percy also gives a great insight into the day to day role as a Project Manager and what he looks for to ensure Contracts stay both safe and profitable. Plenty of war stories in here.
In this podcast Dan Wilkie and Matt Mckenzie discuss Blue Cow Cheese, hospitality insolvencies, Ribs & Burgers, Flinders Mines, Sandfire Mod takeover, Barminco, indigenous contracts, Rising Stars, and Great for the State.
In this podcast Dan Wilkie and Matt Mckenzie discuss Blue Cow Cheese, hospitality insolvencies, Ribs & Burgers, Flinders Mines, Sandfire Mod takeover, Barminco, indigenous contracts, Rising Stars, and Great for the State.
WASMA Podcast Episode 10: Graham Crew’s tips on the future of mining and the skills professionals really need to excel in their careers Graham Crew is a mining engineer who graduated from WASM in 1996. When we recorded Graham was General Manager at the iconic Bulyanhulu Gold Mine operated by Acacia Mining Plc and located 50km South of Lake Victoria in central Tanzania. Currently he is General Manager at Barminco. Prior to this he was Operations Manager with gold producer La Mancha Resources Australia during their expansion from 30,000 to 170,000 ounces per annum including construction of the 1.5Mtpa Mungari Processing Facility. Graham grew up in Kalgoorlie and worked in the mining industry as a draftsman and operator prior to enrolling at WASM as a mature age student in 1993. He has worked in extensively in mining operations and technical roles in Australia and overseas. In this podcast we discuss Graham’s climb to become one of the mining industries most respected professionals. We dive into the decisions, which he has made to get to where he is. Graham has no regrets and explains his optimistic view on everything happening for a reason. We get stuck into tips for mine managers and General managers and take a look at the future of mining and the skills professionals really need to excel in their careers. We finish with an intriguing discussion on diversity – and as you can tell – Graham is well versed in the benefits of diversity!.
WASM Alumni Podcast 2 Bill Beament, Chairman of Northern Star Resources, President of the WASM Alumni talks to Kyle De Souza. Beament set his sights on a mining career at the young age of 13 after attending a careers expo and learning about the Western Australian School of Mines in Kalgoorlie. His dad had plans for him to take on the family farm machinery business, but Beament had other ideas. Like many in WA’s mining alumni, he headed to Kalgoorlie after high school to study mine engineering, and ended up in the red-dirt town for eight years, gaining experience in underground goldmining. “In Kalgoorlie, you’re immersed in the hard rock industry, but mainly gold,” he says. “Back then iron ore was a taboo word, no one wanted to go into iron ore, that was for people who couldn’t get jobs in the gold industry. Coal was a dirty word.” He started his career working underground for four years for a contracting company and then moved on, because he knew by this stage he wanted to work his way into a management position. Barminco, an underground mining contractor, sought him out and he joined its team at the age of 24, taking on the role of second in command at an operation in Wiluna, in the state’s Mid West. His potential was noticed and he was sent to run a copper mine in Queensland, at the age of 27. “That was a sink-or-swim opportunity and was a real defining moment,” he says. Three years later, he was put into the Perth head office for the remainder of his 8 1/2-year stint with the company and was given the job of general manager of WA operations overseeing 13 mine sites and 1000 employees. “What they probably didn’t realise was I didn’t want to be a contractor for the rest of my career and they had been grooming me as a future MD.” After leaving Barminco, Beament started his own underground mining contract company, which he ran for about 18 months before the mine it was contracted to went under. “I earned my first $1m and then lost it in the first year, but we paid off all employees and suppliers and had no debt and had a little bit of cash leftover, which I used to put into Northern Star,” he says. Beament doesn’t believe it is luck that has got him to where he is, but that it is the culture of the company he and his team have built. “We have a work ethic in this company that reflects from the top to the bottom and there is a culture of calculated risk,” he says. My board has backed me and my team 100 per cent and that is a pleasure to work in. They give us the licence to do what needs to be done and the results speak for themselves. Name
Cut your reading time and listen to a podcast instead. This week's BondCast looks at the rules put in place to protect bond holders from events such as company acquisitions
This week Mark My Words covers a broad range of topics including , international students, health department corruption, liquor licenses, Ausdrill and Barminco merge, exclusive report on retail property, and our special projects list.
This week Mark My Words covers a broad range of topics including , international students, health department corruption, liquor licenses, Ausdrill and Barminco merge, exclusive report on retail property, and our special projects list.
Bill Interviews Stan Rolfe, Resourcing Manager for Barminco by RecruitingDaily