Richard Austen (Non-Executive Chairman) Term of office: Non-Executive Chairman since December 2002. Mr Austen has a strong background in mining. He was co-founder of Austen and Butta Limited in 1950. In 1982 he was awarded an AO for services to the coal mining industry. He has been Chairman of a number of Public Companies, and for nine years between 1984 and 1993 was Chairman of the Australian Meat and Livestock Corporation. From 1979 to 2000 he was an Australian representative and is a past Chairman of the Coal Industry Advisory Board of the International Energy Agency. He was Chairman of Savage Resources Limited until its takeover by Pasminco Ltd in 1999. Directorships of other listed companies: None.
Graham Carman, PhD (Managing Director) Term of office: Managing Director since September 2003. Dr Carman graduated with a Bachelor of Science (Hons) from Victoria University of Wellington, New Zealand, in 1986. He spent several years exploring for gold in Western Australia, North Queensland and Lihir Island in Papua New Guinea, completing a PhD at Monash University in 1994. He was six years exploring for gold-copper and zinc deposits in Peru, firstly with Rio Tinto and then as Exploration Manager of Savage Resources Ltd (latterly Pasminco Ltd) until 2000. Several significant discoveries of gold and base-metals were made during this time. Dr Carman returned to Melbourne to run the exploration efforts of Pasminco Ltd in Australia. He currently resides in Sydney. Dr Carman performs the functions of chief executive officer and chief financial officer of the Company. Directorships of other listed companies: None.
John Gaskell (Non-Executive Director) Term of office: Director since November 2002. Mr Gaskell was Managing Director of Savage Resources Limited (Savage) until March 1999, when it was taken over by Pasminco Ltd. He played a leading role in the growth of Savage from a junior NSW coal miner in 1992 to an international metal and mining company. During this time he was involved in establishing Savage's ownership of the Ernest Henry gold-copper mine in Queensland, the acquisition by Savage of the zinc mines and refinery in Tennessee and the development of Savage's exploration in North and South America. Mr Gaskell graduated as a geologist from the University of Leeds in 1966 and since then has been involved in the exploration industry world-wide in a number of public and private companies. He currently lives in Sydney and works as a consultant. Mr Gaskell is the Chairman of the Company's Audit Committee. Directorships of other listed companies: Director of Dominion Mining Limited since December 2004.
Stephen Lonergan (Non-Executive Director and Company Secretary) Term of office: Director since November 2002. Mr Lonergan is a commercial lawyer based in Sydney. He has some 25 years' experience in the Australian and international mining industry having been General Counsel of the Pancontinental Mining Group, a partner in the law firm Baker and McKenzie, Sydney, and General Counsel and Company Secretary of Savage Resources Ltd. Mr Lonergan is an Honours graduate in law from the Australian National University and holds a Masters degree in law from McGill University, Montreal. Mr Lonergan is a member of the Company's Audit Committee. Directorships of other listed companies: None.
Richard Harvey (Alternate to Richard Austen) Mr Harvey has some 30 years in financial management in a number of companies mainly in the resources sector including Peko Wallsend Ltd from 1978 to 1981, and Shell Australia Coal Division from 1981 to 2002. He is currently Director of Business Development in the Hartley Pastoral Group. He is a Chartered Secretary and a qualified accountant. Directorships of other listed companies: None.
IOD Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
(20min delay)