Negotiating with Newmont
Jim,I sense that Dr. Enders now serving MMG as a director is both timely and critically essential to La Plata,MMG and our future returns as shareholders.
He served on the corporate side negotiating deposits/projects acquisitions for Newmont and Phelps Dodge.
He directed a copper junior as they were acquired by a major.
He guided/secured financing for a massive copper exploration project into production.
Enders has operated at the highest levels and can accurately be referred to as mining royalty.
He will assist in the financing that is now critical to forward La Plata without excessive dilution / negotiating with Newmont.
Enders has the proven ability and skillset to forward La Plata without Newmont so that should prove to be interesting in the next NR or two.
"Steve’s depth of technical experience in exploration and development of major copper and gold deposits and mines worldwide with companies such as Newmont and Phelps Dodge, along with his hands on entrepreneurial experience in high-growth opportunities is a terrific addition to our board’s current expertise in deposit discovery and advancement, process engineering, mine building and PROJECT FINANCING .”
MMG CEO/Chairman Greg Johnson
Finally,it is well worth noting that both MMG Director Dr. Enders (BSc / Colorado School of MInes geological engineering degree) and MMG President Scott Petsel (Durango geology degree) both received their geological degrees in Colorado.
La Plata has to be forwarded with minimum dilution and drilled consistently for years into the future. That will separate itself from the gyrating price of metals with constant discovery, ongoing,consistent returns through resource growth with endless drilling and resultant NR's.
That is what MMG is on the cusp of with La Plata and Dr. Enders is a brilliant hire at the precise and even crucial time.
Stephen Enders, Ph.D.
Independent Director
Resume:
- Senior Vice President of Worldwide Exploration for Newmont Mining Corporation, the world’s largest gold company.
- President of Phelps Dodge Exploration Corporation (now Freeport McMoRan), one of the world’s largest copper companies.
- Co-founder of Cupric Canyon Capital LLC- advanced the Khoemacau copper-silver mine in Botswana from exploration into production backed by private equity investors
- Former director of Copper Mountain Mining Corp. (recently acquired by HudBay Mining).
- Holds a BSc degree in geological engineering from the Colorado School of Mines and MSc and PhD degrees from the University of Arizona.
- Department Head for Geology and Geological Engineering and for Mining Engineering at the Colorado School of Mines until 2023 and is on the Board of Governors for the CSM Foundation.
- Honorary Lecturer and past President of the Society of Economic Geologists (SEG) as well as former President of the SEG Foundation Board of Trustees.
- Distinguished Achievement Medal from the Colorado School of Mines in 2009
- Ben F. Dickerson Award from the Society for Mining, Metallurgy & Exploration in 2014
- Ralph W. Marsden Award from the Society of Economic Geologists in 2016