The King of Kalgoorlie - Bill Beament, Founder and CEO, Develop Global [S8, E2]

Scaling up: Lessons from the world's best CEOs and Founders

Bill Beament grew up in a working class family out of Esperance in Western Australia. He dreamed of being a general manager of a mine one day.

Instilled at a young age with a deep work ethic and an acute commercial sense, he achieved much, much more than this as CEO and Executive Chair of Northern Star. Bill reshaped the underground gold mining industry and built from scratch a $16b, ASX 50 behemoth.

Not resting on his laurels though, Bill has more recently turned his attention to wrapping up all his learnings about mining, about people and about leadership to his own venture Develop Global (ASX:DVP), which is on the precipice of replicating Northern Star's success in critical minerals with its unique business model of both mining services and mine ownership.

This is one of Australia's great stories, largely unknown and untold outside the resource community so heavily centred in Perth, but the scaling lessons, as you'll hear, are applicable to all sectors and leaders of businesses, of all shapes and sizes.

This episode takes you underground into a world unfamiliar to most, but applicable to all. I hope you enjoyed this episode of Scaling Up with Bill Beament, CEO and founder of Develop Global. Show Notes:

CHAPTERS:

(00:55): Bill’s upbringing in country WA

(04:09): Starting in the underground industry

(06:19): Lessons from Barminco

(09:11): Building Northern Star

(14:03): What makes a world-class underground mine operator

(18:48): Operational excellence at Northern Star and starting Develop Global

(24:23): Unearthing critical minerals

(29:14): DVP's business model

(32:34): Buying Woodlawn mine

(35:59): Best in class hiring and retaining talent

(41:47): Remuneration philosophy