Canadian business executive Richard Warke has more than 25 years of experience in the international resource and mining sector. Richard’s experience in the industry led him to form the Augusta Group, which is composed of a group of public companies and private businesses that includes Arizona Mining, Catalyst Copper and Armor Minerals.
In addition to leading the Augusta Group, Richard Warke is also the Chairman and CEO of Arizona Mining, a mining and exploration company with an ongoing project in Santa Cruz County, Arizona. Arizona Mining is developing what may be a world-class lead zinc project south of Tucson, Arizona in Santa Cruz County.
During his more than two decades in the mining industry, Richard has founded a number of successful resource companies that have sold for record amounts. The 2014 sale of Augusta Resource Corporation, a company that Richard founded and directed for nineteen years, sold for roughly $670 million dollars to HudBay Minerals Inc. In 2011, Richard sold Ventana Gold Corporation, another company he established, for $1.5 billion to Brazil's Eike Batista.
Richard’s success in the resources sector has allowed him to establish himself as a focused and skilled entrepreneur who is able to build and grow multi-million dollar businesses to full fruition. He has worked diligently to grow the portfolio, exposure and revenues of all the companies he has formed and led.
Outside of the mining and resource industry, Richard is also active in the hospitality and aviation sectors. He also has a variety of previous experience in the oil and gas, forestry, technology and manufacturing industries.
Richard Warke's Recent Articles
Mining growth through private investment
In the fall of 2015, following 12 months of weak performance, the TSX metals and mining index was down more than 40 percent. The slump was attributed to falling commodity prices and a slowdown in global GDP growth, which had a negative impact and dragged down mining equities. However, after a rough 2015 that left […]
Crowdfunding Coming to the Mining Sector
Once reserved for charities, individual causes and fundraising, crowdfunding and crowdsourcing has become a viable way to bring startups to fruition and raise investment capital. Crowdfunding has also been fairly successful in creating a buzz, spreading word of mouth and increasing interest in philanthropic projects, new technologies and entertainment and media sector. As the popularity […]
Combating Labour Shortages With Technology
One of the most pressing issues facing the Canadian resource and mining sector is an ongoing skilled labour shortage, something that’s expected to get worse as baby boomers continue retiring. It’s estimated that the Canadian resource and mining sector will lose one third of its workforce by 2020, leaving a major gap for mining companies. […]
Limiting Debt Levels – Its Importance
We all want our businesses to be profitable and successful. However, some businesses end up being more lucrative than others. This, of course, is due to a variety of factors: poor timing, market saturation, bad location, and improper financial management are among the chief reasons new businesses don’t succeed. While some of these factors may […]
Why a strong management team is key
As any good CEO will tell you, success hinges on having a dedicated and talented management team. As poet John Donne once wrote, “No man is an island entire of itself; every man is a piece of the continent, a part of the main.” A statement like that is especially true when running a large […]
Returning to the Importance of Due Diligence
While due diligence is paramount for success in any business endeavor, few industries in the world need the level of due diligence required in the mining and minerals sector. Years before any precious metals or gems are extracted from the earth, a rigorous research, vetting and exploration process is held to establish the viability of […]