Mick Shemesian is highly respected in the minerals prospecting industry, in part because of his experience, but also his skills. He began his career working in the Pilbara region of Australia, but he has also worked as a prospector in Asia, Africa and North America, as well. That high level of experience is probably why he was chosen to serve on the Board of Directors for Arak Resources and Cobalt 27 over the past few years. It is certainly why he has served as the CEO (Chief Executive Officer) for EML since 2005.
If there is one thing Mick Shemesian knows more than anything else, it is that the ability to maintain large stocks of certain mineral resources has become critically important in recent years, with modern technology relying on the availability of such minerals to keep their industries moving. The best way to maintain stable resource availability is for professional mineral prospectors like Mick to do their job well and constantly locate new resources. Even if the minerals aren’t extracted eight away, knowing where they are maintains a constant supply, which is how mining companies maintain stability, to prop up the economy.
When mining companies maintain stability, that serves to keep the economy strong. As Mick Shemesian is aware, there are sometimes huge overheads associated with minerals like those, and it is often far too easy for some large players to manipulate the market to their own benefit and to the detriment of others. That means making sure everyone knows where the reserves are. Technology holds the promise that many of these mineral resources will be replaced, but that will likely be decades from now.
Until that’s happens, many industries depend heavily on the strong efforts of mineral prospectors like Mick Shemesian to help keep the flow of certain minerals moving and to help keep the economy productive and moving forward. The efforts of mineral prospectors like Mick, especially those who use proven methods and systems for locating mineral resources and then extracting, tend to keep prices lower than they otherwise would be, which is good for everyone, from companies and manufacturers to consumers. That is good for everyone, including investors, since they invest in these minerals when the economy sinks.
The efforts of mineral prospectors, like Mick Shmazian, who have a tendency to always use highly developed and proven methods and systems for locating mineral resources, are enormously important to everyone, even if you don’t recognize that. The knowledge they provide means more minerals can be extracted and used to manufacture products that most people need. In fact, with technology advancing as it does, their work becomes more necessary with every passing year. That’s because the efforts of mineral prospectors tends to keep prices low, by limiting the possibility of speculation, which can drive prices higher. Since inflation can be an economically destructive force, this is beneficial to everyone.
As a mineral prospector, Mick Shmazian certainly defies the stereotype of a man with a pick and a big hat and a donkey, but that doesn’t mean he isn’t great at what he does. And make no mistake, what he does is critically important for mining companies who extract these minerals, as well as for the manufacturing companies who depend on a ready supply. Everything they are able to extract helps to maintain stability, which is necessary for a strong and vibrant economy.
This isn’t just a great profession when the economy is good. When things are bad, many often turn to minerals like gold and silver for investment because it’s a great hedge against more volatile markets, like stocks and bonds. Mick Shmazian knows there are sometimes huge overheads associated with minerals like those, however, which means it can be more important to know where these minerals are located than to extract and store them. Of course, it can be too easy for some large players to manipulate the market for their own benefit and to the detriment of others.