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Dig Deep

George Salamis and Jason Kosec On Mining Business Mergers

16 Apr 2023

Description

In this episode we chat to George Salamis and Jason Kosec who are merging their two companies together. George is President/CEO of Integra Resources who are a development-stage mining company focused on the exploration and de-risking of the past producing DeLamar Gold-Silver Project in Idaho, USA. Jason Kosec, CEO, President and Director of Millennial Precious Metals who are building a multi-million-ounce, multi-asset production company unlocking value through near-surface, heap leachable gold and silver ounces in Nevada and Arizona. Integra recently merged with Millennial so we talk more about this transaction and why this is good for both companies. "If you want to go fast, go alone. If you want to go far, go together." -- African proverb. KEY TAKEAWAYS When we harness the power of two teams into one force, it dramatically multiplies the strengths we have at hand. There are too many exploration and development companies in operation right now - the market is saturated. The merger is designed to be the go-to choice in the space, and to remain relevant. One of the biggest problems in the sector is people. The key to success is to secure top quality assets and top quality people. The question of potential mergers should always be seen with a bird's eye perspective. By merging, we are often doing a great service to our shareholders, and indeed to the world beyond, who could greatly benefit when two forces are yoked together. BEST MOMENTS 'We see the world from the same lens' 'These are exciting times!' 'We're getting to the nitty-gritty of what we need to execute on' 'These are the strategies and the visions that we have developed for the company in the future' VALUABLE RESOURCES   Dig Deep – The Mining Podcast on iTunes George Salamis LinkedIn - https://ca.linkedin.com/in/george-salamis-4220b87 Jason Kosec LinkedIn - https://ca.linkedin.com/in/jason-kosec-0a32aa30 VALUABLE RESOURCES mailto:[email protected] https://www.linkedin.com/in/rob-tyson-3a26a68/ http://www.mining-international.org https://twitter.com/MiningConsult https://www.facebook.com/MiningInternational.org https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3 ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD [email protected] https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics

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