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Living Your Greatness


Jan 20, 2023

Robert McEwen is Chairman and Chief Owner of McEwen Mining, which has three producing mines in Nevada, Ontario, and Argentina and holds 68% interest in the large Los Azules copper project in Argentina. Rob has been associated with the gold industry all his career, his first 18 years in the investment industry and since 1990 as CEO of several gold mining companies.

Rob is the founder of Goldcorp, where he took the company from a market capitalization of $50 million to over $8 billion. At McEwen Mining (MUX) he owns 17% of the company and takes a salary of $1/ year. The cost of his investment in MUX and McEwen Copper is US$220 million.

Rob and his wife, Cheryl, have donated over $60 million to encourage excellence and innovation in healthcare and education.

Rob was awarded the Order of Canada in 2007, the Queen Elizabeth's Diamond Jubilee Award in 2013, was inducted into the Mining Hall of Fame in 2017 and has Honorary Doctor of Law Degrees from York University and Western University.

He is also a member of the Dean’s Advisory Board, Schulich School of Business; X Prize Foundation: Vision Circle and Board of Trustees; a member of CEO (Chief Executive Organization) and of WPO (World Presidents’ Organization) and serves on the Advisory Board of the McEwen School of Architecture.

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In this episode, Rob starts by talking about his formative years and what inspired him to become a world-class mining entrepreneur, a high-profile investor and a corporate strategist and a philanthropist in healthcare and education.

Rob then talks about his father, Don McEwen, who is one of his greatest mentors. At the age of 11, Don introduced Rob to investing and had him charting stocks. Rob shares some memorable life lessons from his father in both investing and life. 

Rob then talks about what exactly is a mining entrepreneur and how someone can become world-class like himself, Pierre Lassonde and Frank Giustra. 

As Rob is Chairman of McEwen Mining, he explains how the company will one day make it to the S&P 500 Index. He shares how his company plans on achieving this ambitious goal.

As mental models are important for investors to organize complex information and make better decisions, Rob shares mental models from his investing toolkit to help investors make more informed and strategic decisions.

From personal experience, Rob explains what separates a good investor from a great investor. Lastly, Rob provides his definition of greatness and what it means to him.

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Host: Ben Mumme

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Guest: Robert McEwen

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Mining Hall of Fame

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