Scott North’s pre-seed raise exposes what everyone got wrong about mining investment—and why this gold sector opportunity is different.
In this episode of The Gold Room Podcast, we sit down with Scott North — mining investor, entrepreneur, and co-founder of Yeti Ventures.
Scott shares his unconventional journey from dropping out of school and working as a plumber to becoming a major player in mining investment and corporate development. From early wins like Adriatic Metals to building advisory firm Kamoa Capital, Scott has carved out a unique path in the industry.
We dive deep into Yeti Ventures and how it aims to revolutionise mineral exploration by combining hardware, software, and emerging technologies to improve unit economics — particularly drilling, the biggest cost in exploration.
Scott also breaks down the massive opportunity emerging in Saudi Arabia, where billions are being invested into building a mining ecosystem from the ground up. With aggressive exploration programs, government backing, and a hunger for international expertise, the Kingdom could become the next global mining frontier.
We also discuss:
- – Why Australia isn’t backing its own mining innovation
- – The challenges of raising capital in mining vs tech
- – The future of exploration and automation
- – Global opportunities for Aussie mining companies
If you’re in mining, investing, or just curious about where the industry is heading — this is an episode you don’t want to miss.
From the Mic To The Mine 🎙️⛏️
Timestamps
⚠️ Disclaimer:
Nothing in this episode is financial advice. Always do your own research and consult a licensed professional before making investment decisions. Views expressed are those of the speakers and may not reflect those of their employers or partners.
