After 107 years Behre Dolbear welcomes its sixth CEO

The respected mining consultancy and finance advisory group Behre Dolbear welcomes Australian-born mining executive Lachlan Broadfoot as its sixth CEO since its establishment in 1911. In welcoming Broadfoot to Behre Dolbear, Ms. Amy Jacobsen, Chairwoman of Behre Dolbear, noted that “Behre Dolbear is a global firm and we are currently finding that with expanding our services offering, we are attracting expertise that complements our current team and associate base.  Our aim is to further develop exceptional technical and commercial talent capable of taking the mining ecosystem through the 21st century.

“We believe Lachlan brings to Behre Dolbear a sincere appreciation for our traditional advisory services as well as enthusiasm for new clients who need assistance as they become more directly involved with the mineral supply chain.  Additionally, Lachlan has a genuine understanding of the skills and knowledge of our extensive associate base and the opportunities to attract additional, complementary talent.  We are excited about Behre Dolbear’s future under Lachlan’s leadership.”

In assuming the CEO role, Broadfoot commented that “For over 100 years, the minerals industry has looked to Behre Dolbear for key advice.  I have a great affinity to the brand and the values it represents.”  However, he believes that there is a developing and significant contradiction in public attitudes towards mining.

“Citizens of the world today rely on technology and its advancements which, in many cases, are built using materials that are mined.  These same global citizens also care deeply about the environment and our planet.  To cope with these apparent contradictions, consumers need a realistic understanding of their mineral choices and the role that the supply of minerals plays in modern-day society.”

Mining has in the past played a pivotal part in supporting industry developments and in the future will continue to enable the progress of society, especially as we grow increasingly dependent on technology.  Broadfoot’s opinion is that with real-time data and a new generation of information-enabled technology, there is a unique opportunity to deliver a smarter, more profitable and sustainable mining ecosystem.

He added “Whilst many fundamental changes are taking place in society and in mining specifically, I believe there are key trends that offer challenges to our clients over the next decade.  Behre Dolbear will take this opportunity to continue providing its traditional services to its longstanding clients within the mining industry, and to deliver an expanded range of services to manufacturers and consumer-facing companies who have been under-serviced in assessing the investment, sourcing and sustainability of their mineral requirements.

“Central to Behre Dolbear’s corporate philosophy and its long-standing practice is the maintenance of its independence and its recognition by both the mining and financial communities of the accuracy, reliability, and integrity of every report it produces.

“It’s about creating value in the mining supply chain.  We can assist financiers, miners and mineral consumers to understand the factors within the supply chain that are crucial in creating the opportunity to make informed choices with regards to mine investment, sustainability and community strategic services, including economics, community engagement, environmental and financial performance.”

Behre Dolbear’s approach to business has always involved the use of practical, objective and commercially-experienced mineral industry professionals and experts who are dedicated to meeting their clients’ specific requirements.

Broadfoot has a deep understanding of the mining business and its role in the global economy from his background in engineering, commodities marketing and management.  He was the co-founder and CEO of SALVA Resources, a 250 personnel team of technical and commercial experts that operated across six countries.  Post the sale of Salva to US engineering firm HDR, Broadfoot managed their global mining market sector.  He has worked for Anglo American (Australia), Rio Tinto (Australia), HDR (New York) and EAS Capital Advisory (New York).