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COVER



       Editorial thoughts: past and present





                         Ross              ond fiddle to GMJ but as non-gold mar-                 Paul
                                           kets became more important the roles
                         Louthean          reversed and GMJ changed from month-                   Garvey
                                           ly to quarterly coverage.
                                             The company’s focus on conferences
                                           saw some of these programmes become
                                           peer events, including Africa Down Un-
                                           der, NewGenGold in JV with its founder
          aydirt was born in a healthy era for   Keith Yates and the Australian Nickel   hen I first walked through the doors of
      Ptraditional media when printed materi-  Conference through all its various price   WPaydirt more than 17 years ago, I had
       al dominated and there were no iPhones   troughs.                        no idea I was starting a job that would change
       for young people to be glued to as they   Andrew “Twiggy” Forrest was linked to   my life.
       crossed the street, sometimes oblivious   those early Nickel Conferences through   I was 20 years old and straight out of uni-
       to the traffic.                     Murrin Murrin, where he learned lessons   versity. I had always wanted to be a journalist
        The resources sector ebbed and     on financing and junk bonds that led him   but had never given the slightest considera-
       flowed,  and  it  was  a  timely  period  25   in his next corporate life – the develop-  tion to writing about mining or business more
       years ago for  Gold  Mining  Journal   ment of corporate upstart Fortescue   broadly.
       (GMJ) and then Paydirt to launch, with   Metals Group Ltd.                The next few years at  Paydirt, working
       a new strong phase for gold and evolving   The  Nickel  Conference  also  charted   alongside  some  brilliant people, opened
       phases  for  copper,  uranium,  diamonds   the  creation of  Mincor Resources NL,   my eyes to a dynamic, exciting industry that
       and other minerals.                 Independence Group NL and Panoramic   would captivate me for the next two decades.
        GMJ placed its focus on Australian and   Resources Ltd which all benefitted from   Looking back on those early days, it’s funny
       new African gold projects, helped by the   the end of WMC’s love affair with Kam-  how  much  some things have changed  and
       association with Diggers & Dealers Fo-  balda.                           how much some things haven’t.
       rum creator in Kalgoorlie, the late Geoff   In those days, nickel was all-consumed   One of the first stories I recall writing was
       Stokes, who was one of its backers.  by stainless steel but as with other com-  about a new push to unlock the potential of
        The  first  edition  was  strong  on  dia-  modities it is now greatly affected by the   the West Musgraves. Almost 20 years on, the
       monds, as it geared up for its first World   rise of the EV market. It is interesting to   industry is still trying to unlock it.
       Diamond Conference, attracting pre-  see that the Greenbushes tin-tantalite   A host of mothballed West Australian nickel
       senters  and  delegates  from  around  the   mine – once a second string for failed   mines were being dusted off in anticipation of
       world, including De Beers, which was still   gold miner Sons of Gwalia – is now a   a spike in demand (sound familiar?) but gold
       smarting from wearing geological blink-  global leader in the supply of lithium for   was a vastly different beast. Gold was fetch-
       ers when its team walked over Argyle.  that same market.                 ing less than $US300/oz at the time, and the
        As a new publisher in what was be-   Since  Paydirt’s creation many com-  idea of a magazine dedicated exclusively to
       coming a crowded mining media the then   peting mining media groups – both do-  the  gold  industry  seemed  an  extraordinary
       Louthean  Media  (now  Paydirt  Media)   mestic  and  global –  have  disappeared   extravagance. So too did the first Africa Down
       decided to follow the Australian compa-  or  shrunk.  While  Paydirt  experienced   Under conference, where only a few dozen
       nies venturing abroad, and the strongest   tough times – that also saw many explo-  people attended.
       path was to Africa.                 ration and mining companies vanish – it   Joining Paydirt forced me to learn on my
        The company supported the Africa   has proven to be an industry mainstay.  feet and exposed me to every facet of the in-
       Mining Indaba conference from its sec-  It has survived because it persisted   dustry, and certainly fast-tracked my develop-
       ond forum and saw the event grow dra-  with good journalism, not advertorials.   ment as a journalist.
       matically.                          It is an example for some existing media   But by far the best thing about my time at
        The World Diamond Conference con-  groups on not going into generating fluff   Paydirt,  of  course,  was  the  people.  All  of
       tinued for many years, helped in the   and in penny pinching by not sending its   them  were wonderful. Some of  them were
       latter stage by the arrival of Bill Repard   journalists around Australia and to far   crazy. I was lucky enough to start the same
       as Executive Chairman to  Paydirt. Bill   reaches of the world to show what com-  week as Barry Avery, a veteran journalist
       lured his friend Gordon Gilchrist to pre-  panies are doing.             who  was  fresh  off  the  plane  from  South
       sent on behalf of Argyle. But the quest   Also, unlike some of the major me-  Africa.  He  taught  me  how  to  be  a  jour-
       for diamonds outside of Argyle and the   dia outlets now under stress and suf-  nalist,  I  tried  my  best  to  teach  him  how
       shorter-lived Ellendale mine petered as   fering from musical chairs, Paydirt has   to be an Australian. Barry, I’m eternally sorry
       the high-risk side of diamond prospect-  had only four editors – this writer, Barry   for introducing you to the Fremantle Dockers.
       ing overtook the image of high rewards.  Avery, Michael Cairnduff and incumbent   Bill Repard and Ross Louthean took a great
        New booms evolved for nickel, copper,   Dominic Piper.                  chance on me, as a young, untried reporter.
       tantalite (later linked to lithium) and there   Despite  what  the  climate  change   Every day I still use the shorthand they made
       was a continual interest in gold and sil-  marchers and some of their more ex-  me learn. Their tutelage and encouragement
       ver. Out of these changes, the focus of   treme protestors say, Australia’s eco-  was vital.
       Paydirt and GMJ varied to meet the high   nomic future still needs the backbone of   Ultimately, Paydirt was the stepping-stone
       and low points.                     exploration and then mining.         to a journalism career that would take me to
        At the beginning Paydirt played sec-                                    every corner of the world and into the best
                                                                                newsrooms not only in Australia, but in the
                                                                                world. For that, I will be forever grateful.

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