 |
Sweat CapitalAuthor: Sweat Capital
Conversations with leaders on building careers, companies & character the hard way. No shortcuts, just sweat. Founded by Charlie Selth, Will Chapman and Dimitri Gremos, the show began as 'The Business Of' a passion project between Will and Charlie who were curious about what it really takes to succeed. Today, Sweat Capital is an evolving platform that combines that same curiosity with a bigger mission: to democratise access to knowledge and humanise business leadership in Australia. Language: en Contact email: Get it Feed URL: Get it iTunes ID: Get it |
Listen Now...
#135 - Roger Baxter: The Reality of Building a Palladium Mine in South Africa
Tuesday, 10 March, 2026
In this episode of Sweat Capital, we sit down with Roger Baxter, Executive Chairman of Southern Palladium, to unpack the leap from mining policy and industry advocacy into the far harder world of project execution. Roger spent years at the centre of South Africa’s mining ecosystem, including as CEO of the Minerals Council South Africa, where he negotiated with government, shaped policy, and represented an entire industry. Today, he’s on the other side of the table – financing, permitting, and advancing Bengwenyama, one of the world’s most significant undeveloped platinum-group metals projects. We explore what truly differentiates Bengwenyama as a long-life, low-cost PGM asset; why mine life and cost position matter more than ever in attracting capital; and why high-quality projects can still trade at a deep discount in public markets. Roger explains how jurisdictional credibility, permitting certainty, and community relationships directly influence cost of capital – and where investors often misprice South African risk. For investors, operators, and young professionals weighing careers across policy, finance, or operations, this episode offers a rare perspective on how credibility is built before cash flow – and why execution matters more than narrative.***This episode was recorded on 15 January 2026 at the Future Minerals Forum in Riyadh, Saudi Arabia. For more information, visit futuremineralsforum.comFollow us on Instagram & LinkedIn.We'll see you in the next one,Keep playing the long game.
