Gary J. Goldberg became President and CEO of Newmont Mining Corp. in 2013. He turned the company’s overall performance around through a disciplined focus on safety, technical fundamentals, and value over volume.

The Beatty Mining District in south-central Nevada has been one of the most productive Mining Districts in the state, producing millions of ounces of gold together with silver, fluorite, mercury and other valuable minerals.

US uranium mines produced less than 174,000 pounds in 2019, according to the February Energy Information Administration report. That’s down from 4.9 million pounds in 2014.

The critical metals are essential to the modern lives we lead. The prices of critical metals are moving up even faster than government published rates of inflation, with little sign of slowing down.

We sent them a lot of information, including my presentation about the area and its potential. We were excited to learn a couple weeks later that the company was interested in the property.

My partner had the contacts and it wasn’t long before we had an agreement in place and the company had a geologist on site. I recall a time when he was getting the lay of the land, so to speak, and he broke off a rock sample and inspected it with his magnifier.