UNDER THE PATRONAGE OF THE CUSTODIAN OF THE TWO HOLY MOSQUES KING SALMAN BIN ABDULAZIZ AL SAUD

Richard Schodde

Richard Schodde

Managing Director, MinEx Consulting

Richard completed his B.E. degree (with Honours) in Materials Engineering in 1978 and an M.B.A. in 1985. Over the following three decades he worked in a wide variety of project analysis, business development and strategic planning roles within the international resources industry – including 15 years at WMC and, more recently, 4 years at BHP Billiton.

In 2008 Richard founded MinEx Consulting Pty Ltd to provide strategic and economic advice to industry and government. His main focus is on the economics of mineral exploration and building the business case for why & how exploration adds-value to a company. In short … how companies can best make money out of exploration through knowing which commodities to look for, where to look for them, and how to do it. Part of this work includes benchmarking projects, companies and countries, and identifying best practice.
MinEx's client base spans across 19 countries and includes:

  • 54 mining & exploration companies
  • 10 government agencies
  • 10 investment firms
  • 22 research groups, and
  • 8 industry associations

Richard has published and presented several dozen papers on exploration performance and has given keynote addresses at 19 conferences.

He is internationally recognized by his peers as a world leader in mineral economics.
In recognition of this, for three years running (2015, 2016 and 2017) the Mining Journal nominated him as one of the top 20 power people in world mining, due to his influence on strategy and policy in the exploration sector.

He serves on the Editorial Board of the Journal of Resources Policy, the organising committees for the Australasian Institute of Mining & Metallurgy (AusIMM) and the Melbourne Mining Club. Richard is also a member of Society of Economic Geologists (SEG) and is an Adjunct Professor at the Centre for Exploration Targeting at the University of Western Australia.