In this podcast episode, Randy Smallwood, the CEO of Wheaton Precious Metals, shares his journey from being a geological engineer to becoming the CEO of a major company in Vancouver. He discusses the role of streaming companies in the mining industry and emphasizes the importance of following one's passion. Randy also talks about his personal connection to geology and the intricate nature of the field. He shares his experiences in the mining industry, including the challenges faced during the COVID-19 pandemic. Randy highlights the value of field experience and discusses the diverse uses of gold and silver in society. He emphasizes the significance of gold as a constant measure of value and stresses the need for sustainable and responsible mining practices. The episode concludes with Randy's dedication to promoting diversity in the field of earth sciences and offering advice for young professionals. Overall, this episode provides valuable insights into Randy Smallwood's career and the mining industry, emphasizing the importance of passion, field experience, and sustainability.
Takeaways
• The role of a streaming company in the mining industry and how they invest in mines around the world
• The importance of passion and following one's interests in career success
• The personal connection to geology and the artistry and complexity of the field
• The challenges and rewards of the mining industry, including discovering mineral deposits and navigating the COVID-19 pandemic
• The value of field experience and the diverse uses of gold and silver in society
• The significance of gold as a measure of value and the need for sustainability and responsible mining practices
• The commitment to promoting diversity in the field of earth sciences
• Advice for young professionals entering the field, including gaining field experience and developing a strong technical foundation
• The impact of education in shaping career choices and leaving a legacy
• The future of mining and the importance of technological advancements and new thinking for sustainable resource production
• The advantage of having a computer background in the earth sciences field and the value of continuous learning and diverse knowledge
• The excitement and potential of the earth sciences field, the abundance of opportunities, and the importance of collaboration and collective knowledge.
