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Board of Directors

Richard Rossiter

Richard Rossiter: Non-executive chairman

Richard began his career as a geologist with General Mining Union Corporation, later Gengold, in South Africa, subsequently qualified in mine management and held various production management and business development roles. He joined the financial sector as a mining analyst with Fleming Martin and then moved to Australia as head of resource sector research at Macquarie Bank and JP Morgan. More recently, he was responsible for mergers and acquisitions and divestments at Pacific Road Corporate Finance and Standard Bank (Australia).

Terry McConnachie

Terry McConnachie: Executive director and Managing director

Terry has 25 years’ experience in mining and beneficiation of ferro-alloys and precious metals. He has served as CEO of Welprop Mining Services and more recently of JSE-listed South African Chrome & Alloys Limited, a black-empowered chrome mining company which he was instrumental in building into a multi-million Rand operation. He has implemented a number of greenfields operations in gold, manganese, aluminium, graphite and tantalite. He is the major shareholder and CEO of Alumicor SA Holdings (Pty) Ltd, which is constructing an aluminium dross and scrap smelting facility in South Africa.

Louis Carroll

Louis Carroll: Executive director and Financial director

Louis has 40 years’ experience in the accounting and commercial disciplines. He has held a number of board appointments in listed companies including chief operating officer of a resource company. He has worked in several industries, including mining, oil and gas, property, bio-manufacture, contracting, processing and printing. His responsibilities have included company secretarial, general accounting, tax, finance, project management and corporate restructuring. He has had involvement with listings and rights offers for a number of companies listed on the JSE and the London, Toronto and NASDAQ stock exchanges.

Grant Button

Grant Button: Executive director

Mr Button is a qualified accountant and has significant financial and other commercial management and transactional experience. Aged 47, Mr Button has 18 years experience at a senior management level in the resources industry. He has acted as an Executive Director, Managing Director, Finance Director, CFO and Company Secretary of a range of publicly listed companies. He is also an Executive Director of Magnum Mining & Exploration Limited, Chairman of Morningstar Holdings (Australia) Limited and Chairman of Alamar Resources Limited.

Alistair Ruiters

Alistair Ruiters: Non-executive director

Alistair is a founder of Ehlobo Holdings Limited, Sylvania’s BEE partner in its South African tailings retreatment business. He joined South Africa’s public service in 1994 after completing a doctorate at Oxford and has subsequently held a number of positions in the public sector, notably as Special Adviser to the Minister of Finance, South Africa’s first Competition Commissioner and Director-General in the Department of Trade and Industry.

Annual Report

Released 21 October 2009

Annual report 2009

Annual report 2009 [PDF ― 2.28MB]


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