About Bob Quartermain

Building Mining Empires Through Entrepreneurship

Bob Quartermain has spent four decades as a serial entrepreneur in mining, founding Pretium Resources in 2010 after leading Silver Standard Resources from a tiny explorer to one of the world's largest silver companies.[3][1][13] He emphasizes acquiring undervalued assets at low costs, such as paying no more than $0.05/oz for silver at Silver Standard or targeting $2B-$3B gold deposits for $15M.[7][11] At Pretium, he developed the high-grade Brucejack Mine in northern BC, overcoming challenges like coarse gold in bulk samples to prove one of the world's highest-grade gold projects.[9][12][15]

Dakota Gold: Revitalizing U.S. Gold Mining

Quartermain came out of retirement to lead Dakota Gold (DC), targeting the Homestake district in South Dakota with no debt, $41M cash, and a potential $3B valuation from the Richmond Hill project on private land with strong infrastructure and local support.[4][1][16] He highlights strategic advantages like access to power, water, and community backing, positioning it as an undervalued 10X stock opportunity.[4][2]

Value Investing and M&A in Mining

A proponent of buying ounces cheap, Quartermain advocates for low-cost acquisitions followed by operational excellence, as seen in Silver Standard and Pretium.[7][6][11] He discusses M&A waves driven by record gold prices, predicting rerating for miners alongside rising metals, though distinguishing gold's stability from silver's frothiness.[5]

Gold's Role in Finance, Technology, and Society

Quartermain views gold as central to finance and evolving technology uses, sharing insights on its strategic importance amid underground mining experiences and exploration strategies.[2][5] His career informs advice for geologists and entrepreneurs on principles shaping mining success.[2]

Leadership and Social Impact

Beyond mining, Quartermain supports initiatives like the Duke of Edinburgh Award, reflecting commitment to youth development and social responsibility.[14] He articulates clear value propositions to attract investment, as praised by Rick Rule.[11]