2d ago
Building Mining Behemoths from Acorns (Owen Hegarty)
We had the privilege of speaking to mining industry veteran Owen Hegarty. Owen began his career Rio Tinto (CRA), becoming Asia & Aus. Copper-Gold MD, before branching out and starting Oxiana, which he ultimately merged with Zinifex to form OZ Minerals. Subsequently, he co-founded mining private equity giant EMR Capital, where he serves as exec chair, having also served as the vice-chair of Fortescue during the boom times.Sign-up for the Director’s SpecialAll information in this podcast is for education and entertainment purposes only and is of general nature only. The hosts of Money of Mine (MoM) are not financial professionals. MoM and our Contributors are not aware of your personal financial circumstances. Before making any investment decision, you should consult a licensed financial, legal or tax professional. MoM doesn’t operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given. MoM strive to ensure the accuracy of the information contained in this podcast but we don’t make any representation or warranty that it’s accurate or up to date. Any views expressed by the hosts of MoM are their opinion only and may contain forward looking statements that may not eventuate. MoM will not accept any liability whatsoever for any direct or indirect loss arising from any use of information in this podcast.Thank you to our Partners:Mineral Mining Services – Your preferred mining contractorenquiry@mineralms.com.au - 1300 546 117Grounded - Infrastructure for remote mining and civil projects Australia widePaul Natoli - pn@groundedgroup.com.auCrossBoundary Energy – Can-do independent power producertim.taylor@crossboundary.com - +61 466 184 943Sandvik Ground Support – The only ground support you’ll ever needhttps://www.dsiunderground.com/contactCRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectorsdavidh@creinsurance.com.au - +61 2 9493 6100Greenlands Equipment – Turnkey mine water management Caleb.M@greenlandsequipment.com.au - +61 447 178 806K-Drill – Safe, reliable, and productive surface RC drillingdrew@k-drill.com.au - +61 416 015 876MMTS - Mining title consultants for exploration & mining companiesiva.morrell@mmts.net.auAustralian Earthworks and Haulage - Clearing for construction, drilling, dams and rehabilitation works for mining and explorationReece Spitalny - +61 434 479 610We use SPARK - Market data for active ASX Traders - https://sparktrader.com(0:00:00)Intro(0:02:32)Owen Hegarty on MoM(0:06:35)Which assets did Owen work at?(0:14:32)Asia bull market(0:18:16)Building diversification(0:22:52)Oxiana and Zinifex merger(0:31:45)Oz Minerals termination payment(0:36:11)Working at FMG(0:39:58)Building EMR(0:44:48)Kestral(0:49:58)Lubambe(0:53:50)Ravenswood(0:57:18)29Metals(1:02:19)West Cumbria coal