Executive in Vancouver, British Columbia, Canada
Richard Warke is a business executive with more than 25 years of experience in the resource and mining sector. His experience in the industry lead him to establish the Augusta Group of Companies, a conglomerate of public companies and various private businesses that includes Arizona Mining, Catalyst Copper and Armor Minerals.
Aside from founding the Augusta Group, Richard is the Chairman and Chief Executive Officer of Arizona Mining, a mining and exploration company currently developing property in Santa Cruz County, Arizona. Arizona Mining is completing two major drilling projects at its Hermosa property in Arizona, one targeting a zinc-lead-silver sulfide mineralization, the second targeting a silver-manganese reserve.
During his 25 years in the mining industry, Richard Warke has founded a number of successful mining operations that have sold for record amounts. Most recently, in 2014, Augusta Resource Corporation, a company that Richard founded and directed for nineteen years, sold for roughly $670 million dollars to HudBay Minerals Inc. Perhaps even more notably, in 2011, Richard sold Ventana Gold Corporation for $1.5 billion to Brazil's Eike Batista.
Richard Warke’salmost three decades of service in the resources sector has allowed him to establish himself as a consummate entrepreneur who is able to build multimillion and billion dollar companies from the ground up.
In a 2014 interview where Richard was asked about his business history and success, he explained that a key to success in the mining industry is to acquire properties or projects in mining friendly and politically stable areas. Richard also urged those starting out in the mining industry to always practice careful due diligence before choosing a location for mineral exploration.
Richard has also highlighted in the past the importance of having a first class, dedicated management team. As Richard explained in a 2014 interview: “People who know their craft and are not afraid to work together for a common cause. There is no doubt that any successes I have had would not have been possible without a full team effort.”
In addition to his experience in the mining and resources sector, Richard is also experienced in the oil and gas, forestry, technology and manufacturing industries. Richard also has businesses in the aviation and hospitality industries.