67 WALL STREET, New York - December 3, 2013 - The Wall Street Transcript has just published its Gold and Precious Metals Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
Topics covered: Precious Metals - Lower Gold Price Environment - Precious Metals Exploration and Production - Increasing Capital Expenditures - Emerging Markets Silver Consumption - Mining Safety and Environmental Concerns
Companies include: Silver Standard Resources Inc. (SSRI) and many more.
In the following excerpt from the Gold and Precious Metals Report, the President and CEO of Silver Standard Resources Inc. (SSRI) discusses company strategy and the outlook for this vital industry:
TWST: Can you please share some highlights from your own background and career and include an update of any recent changes to your key management team?
Mr. Smith: I originally started in the oil and gas business in the U.K., and in 1994 I moved with BHP Billiton to Australia. From the oil and gas industry, I moved into mining and held a variety of positions within BHP Billiton where I worked with several different commodities. In addition to running business units, I was also involved in the commercial side, and mergers and acquisitions.
Prior to joining Silver Standard, I was the CEO of BHP's Mitsubishi Alliance in Queensland, which had nine coal mines and a port. Just as I was considering my next career steps, Silver Standard was presented to me. I was quite intrigued because this was a company with a huge resource position, which had the ability to generate value, and for a miner this is quite a unique situation. Mining companies consume their reserves every day, and the challenge for most of them is to continue replenishing these reserves, unlike for instance in the manufacturing business. Silver Standard was a company with a large range of project alternatives to develop and bring to production. My skill set clearly matched what the company had to offer.
When I joined the company in late 2010, its management team had predominantly exploration skills, so I began to attract management with the experience and capability of mine builders and operators. Today I am convinced that we have in place a competent technical and commercial management team that can deliver value to Silver Standard's shareholders.
TWST: Can you describe the company's core asset, the Pirquitas mine, and provide an update on projects under development?
For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
- Basic Materials Industry
- Commodity Markets
- Silver Standard