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Directors & senior management
Non-executive chairman
Michael Martineau, MA, D.Phil, FIMMM, is Non-Executive Chairman. Following a First Class Honours degree and a Doctorate in Geology from Oxford University, he has had 30 years experience in the mining and minerals industry. He was in charge of global exploration for BP Minerals International later becoming Exploration Director of its Australian listed subsidiary, Seltrust. In 1987, he joined Cluff Resources PLC, as Director Minerals and Managing Director of Cluff Mineral Exploration Limited. In 1989 he co-founded Samax Resources, which listed on the Toronto Stock Exchange in 1996 and which was acquired by Ashanti Goldfields in 1998. He is currently Deputy Chairman of Axmin Inc., a Director of Golden Star Resources Limited and First Quantum Minerals.
Managing director & CEO
Christian Schaffalitzky, BA (Mod), FIMMM, PGeo, CEng is Managing Director. With over 30 years experience in minerals exploration, Christian Schaffalitzky was a founder of Ivernia West PLC, where he led the exploration, discovery and development of the Lisheen world class zinc deposit in Ireland. More recently, he was Managing Director of Ennex International PLC, an Irish quoted mineral exploration company, focused on zinc development projects. He has also been engaged in precious and base metals minerals exploration and development in Russia and the former Soviet Union. He is an independent director on the boards of two Russian companies, Raspadskaya Coal Company and Chelyabinsk Zinc Plant and is a director of the Irish oil and gas company Petroceltic International plc.
Non-executive Director
Gary FitzGerald is a Non-Executive Director. He was previously a Director of Framlington Investment Management Limited and has over 30 years experience in investment management. He has diverse experience of emerging markets including the launch of the first fund for investing in Russia in the early 1990’s.
Non-executive Director
Dmitry Suschov is a Non-Executive Director. He is currently a director of Deloan Investments Limited and the following Russian and Ukrainian companies: Daltekhgas (Open Joint Stock Company), Kiev Oxygen Works (Closed Joint Stock Company), and Pivdentekhgas (OpenJoint Stock Company). He has also been a director of NH Capital Limited, Dutch Noble House Limited and Noble House Kazakhstan Limited. He is an Investment Banker with extensive experience in the Russian resources industry and has previously worked with IG Capital (former Lukoil- Reserve-Invest), MDM Bank, PricewaterhouseCoopers and Ernst&Young as mining & metals leader in corporate finance for Russia and CIS.
Chief Financial Officer
Michael de Villiers, B Comm., PA(SA) is the chief financial officer. Mr de Villiers qualified as a professional accountant with Ernst & Young in Cape Town and gained some fourteen years experience as financial manager at various mining and chemical operation in Namibia, Botswana, South Africa, Ghana and Bulgaria before moving to London in 1999 to become the finance director of Navan Mining Plc and then Oxus Mining Plc.
Operations Manager
William Anderson, M Sc, B Sc, FAus IMM is exploration manager. During over 20 years with WMC Resources, he rose from chief geologist at Hill 50 Gold Mines and the Emperor Gold Mines in Fiji to occupy the post of general manager at Emperor and subsequently general manager at Kalgoorlie Gold Operations and Kambalda Nickel Mines, in Western Australia and finally chief executive-Brazil. He joined the company in 1997, and has since had responsibility for the development of its platinum group metals projects in Russia.