The Future of Tungsten: Jeremy Gray Discusses Opportunities and Challenges in a Changing Market

In this episode, we chat with Jeremy Gray, a seasoned CEO and visionary leader at the helm of multiple high-impact ventures, including Pilar Gold, Pure Tungsten, Tucano Gold, and Gold Road. With decades of experience navigating the complex world of mining finance, exploration, and operational leadership, Jeremy has earned a reputation for revitalizing assets, unlocking value, and delivering sustainable growth in some of the world's most resource-rich and challenging regions. From South America to Asia and beyond, he’s not just leading companies; he's reshaping the narrative around modern mining, strategic metals, and responsible resource development. Jeremy talks about how he built a multi-company gold portfolio and made a strategic leap into tungsten, why he chose to keep all the companies separate rather than under one umbrella, the geopolitical and regulatory risks involved in operating across countries like Brazil and beyond, and how investor sentiment is evolving around gold and strategic minerals in today’s volatile economy. KEY TAKEAWAYS The decision to keep multiple mining ventures separate rather than consolidating them under one umbrella was driven by the need for independent financing Brazil is viewed as a favourable mining jurisdiction due to its supportive environment for second chances, while regions like Australia and Africa are considered too competitive or risky Investor attitudes towards gold and tungsten are heavily influenced by market prices. A rising gold price can lead to increased investor interest There is a strong belief that exploration is often a waste of resources, with a preference for acquiring assets that are already producing or have a clear path to production BEST MOMENTS "We basically specialise in buying big secondhand gold mines and now tungsten mine... it hasn't been easy, but lots of challenges."  "If you have run into problems when you're public, they will just wipe you out."  "We only buy existing capacity, we don't build... it's a different game altogether."  "Everything is driven by the price... when the gold price sells off 100 bucks in an afternoon, I know my phone won't ring." VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org GUEST SOCIALS  https://www.linkedin.com/in/jeremy-gray-783b9085/ https://www.pilargold.com/ https://www.puretungsten.ca/ https://www.tucanogold.com/ https://goldroad.com.au/ CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.  This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/