Mick Shmazian: Profile of a Mineral Prospector

Mineral prospecting is a highly skilled profession, and what they do is enormously important. Whether a prospectors is searching for gold, silver, oil, coal, diamonds, or some other mineral that is critical to building technologically advanced systems, the mineral prospector is usually involved in every step and every stage of the process, from start to finish. The efforts of mineral prospectors have become so important, the best ones, like Mick Schmazian only use methods and systems that have been proven effective at locating mineral resources and then extracting.

Because of this, their efforts have a tendency to keep prices lower than they otherwise would be, which is good for everyone, from companies and manufacturers to consumers. As a mineral prospector, Mick Schmazian certainly defies the stereotype of a man with a pick and a big hat, carrying his tools on a burro to the canyons of the American Southwest. However, don’t think he isn’t a professional mineral prospector in every way. He has built up a great reputation over the last couple decades. His record of success is due to his being proven prospector who is usually deeply involved with the identification, review, and analysis of mineral deposits all over the world.

Due to the built in volatility of most other markets, it has become increasingly important to keep the market for minerals as stable as possible. When mining companies maintain stability, it serves to keep the economy strong. As Mick Schmazian 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.

The Mineral Prospector Profession and Mick Shmazian

Because Mick Shmazian is a professional mineral prospector with a great reputation and 20 years’ experience, he has been deeply involved with the identification, review, and analysis of mineral deposits all over the world. Due to the volatility of most other markets, it has become increasingly important to keep the market for minerals as stable as possible. Of course, that means the maintenance of huge stockpiles of mineral resources like gold, silver, coal and oil, among many others. Sometimes, the cost of doing so is very high, so it’s critically important to keep the flow of mineral resources moving.

Professional mineral prospectors like Mick Shmazian are critically important to the industry because, when they do their job well, they constantly locate new resources. His decades of experience has been lauded by many and he is considered an expert in the prospecting field nowadays. His experience is also global in scope, having plied his trade on four continents, including his home continent of Australia, as well as Asia, Africa and North America. Due to advancements in technology that use large amounts of new and relatively rare mineral resources, there has developed a significant scarcity of some minerals that society needs and uses most often.

Whereas technology holds the promise that many of mineral resources will someday be replaced, that may take years, if not decades. In the meantime, many industries depend heavily on the strong efforts of mineral prospectors like Mick Shmazian to help keep the flow of certain minerals moving and to help keep the economy productive and moving forward. As a mineral prospector, Mick Shmazian certainly defies the stereotype, but he is very good to his profession.

Bloomberg Profile