New Zealand's biggest gold discovery in 40 years
ฝัง
- เผยแพร่เมื่อ 14 ก.ค. 2024
- Santana Minerals has discovered more gold at an historic mine site in Central Otago. With prices around record highs, could this fuel New Zealand’s next gold rush?
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00:00 - Intro
00:35 - Inside the Bendigo gold project
01:46 - Gold price & production
02:40 - Interview with Santana CEO
03:29 - Earnings estimate
05:08 - Cost to mine
06:43 - Density discovery
07:21 - Royalties & economic return
08:43 - NZX listing?
09:05 - Government support
10:48 - Ownership
11:42 - Mother nature's money supply
13:55 - Gold in reserve
14:08 - Outro
Videography / Editing | Alyse Wright
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From rockets in space to gold underground - hope you enjoy this episode! It was about 3 degrees when we were filming this, hence the huge jacket.
Let me know if you invest in gold or minerals producers in the comments, and what you think of Santana's prospects.
Madison
I took a lot of gold from the tailings from 100yrs ago mining in Kalgoolee OZ.
They didn't have the equipment
I think he knows about the new system coming.
100x
Space lol nothing but a yarn that word. Anything to do w NASA.
Yep, we should have Gold Reserves and join BRICS
hhahaahahahah
lol he was a bit shocked when you had done your research about his latest investments lol
Always check the insider buying/selling before an interview!
Madison, I really like how you do your due diligence and ask intelligent questions. You clearly have a knack for finance journalism. Do you reckon you could reach out to other Australian CEOs as well?
Thank you! Have interviewed a few Aus CEOs including ex-Qantas Alan Joyce (before it all turned ugly) and the new NAB CEO Andrew Irvine. Definitely keen to do more! Let me know if you have any suggestions.
Cool. Glad you came up on my YT feed. This Aussie living in AKL for 10 years just subscribed.
Cheers 😎🎸🤘
Thanks for the sub Peter, happy to have you here!
love it how exciting and great for all involved
Thanks again for another great interview Madison I work on this project & its great for my family & the country
Thank you for having us on site!
Great news for the Australian owners.
Not to great news for the New Zealanders who see more than 20% of the value of their GDP get exported by foreign companies who pay less than 2% of royalties.
Yeah but we also don’t take any of the risk or responsibility setting up these industries
Perhaps in the future once we’ve rebuilt our mining industry and have the expertise we can do it ourselves but for now we need the Aussies
NZ always seems to do this... gives away potential income from valuable resources to foreign companies...
@@Grover483-vt4zc hardly describe it as giving it away
@@Gumpmachine1 if you can't see the problem, then you are part of it. Are you working for Santana?
@@Grover483-vt4zc I think you can’t see the problem
We can’t be experts at everything in NZ
Love Gold 👍👍👍
Economies are changing rapidly look at Japanese yen and Petro dollar. Very hard to predict what NZ $ will do a small country.
...he's talking billions in profits but heading offshore to Aussie? , royalty at 2percent isn't enough ?...nz deep in debt
you mean like the banks ? 40% of Santana S/Hs(owners) are kiwis .. royalty _ corp tax rate 28% + income tax on the 200-300x workers all the GST collected .... the 150mill+ OPEX per year ...HUGE increase in business turnover locally in the region = more jobs more TAXs
We also get all the taxes generated here as well as the the money spent into the economy recycles 9 times
Professor Zucman is one of the world's top experts on the accumulation, distribution, and taxation of global income and wealth.
He is professor of economics at the Paris School of Economics and the founding director of the EU Tax Observatory.
This person has ideas about evening the tax burden
1:01 thought that was bloody Jeremy Wells for a second
Haha his dark haired older bro??
Haha I'm going to show this to Jeremy
😂
"Yeeah", "figaz" and "betah" are not words.
Snotty, grammar, and Nazi are words.
Santana as in the guitarist Carlos Santana ?
Madi pronounce it correctly 😎
If that’s my only issue?
You’re doing well
Ptr
Nice interview. "with Fiat currencies losing some of their value"...try +98%. They're designed that way.
NZ giving mining rights and profit to foreign companies is pathetic. The right coalition govt advocates and incentivizes mining in NZ... but further mining in beautiful NZ is going to cause significant environmental damage, which will impact the country's international reputation as a top tourist destination and potentially damage tourism as the top earner. At least this impact should be made by NZ owned companies! Keep the profit in NZ!!!
Why export it? This is real money and youre going to sell it for fiat garbage?
Thats not much money
of course we have sold the rights to mine it overseas ffs
it is not coincidental
Timed it right and this should put a smile on Shane Jones's face. Some should be kept in NZ for sure seeing as John Key emptied the vaults and sent it to......?? No-one knows actually accept Key.
Get over it bro, Cindy ruined our country
@@danjackman3827 like I'm not aware of that. However once the shit well and truly hits the fan you will find the nz$ is backed by gold again and it had nothing to do with Cindy.
@@kiwiingrid Whst about the gold price doubling this year abd 100x of next 10 yrs.
Silver goes higher than gold
@@kiwiingridAny idea what the new hold back not us called?
Zimbabwe us Zig.
Usd might be USTN.
NZ maybe NZTN ?
Nationalise it so that kiwis get 100% of the benefits.
A 40% royalty would make this make sense for nz
bad news for people who own gold. more inflation. i move to bitcoin. see you
Metals tend to rise with inflation, good luck with your make believe money