Chairman and Independent Director
Robert Hersov, our Chairman, is a South African and an international entrepreneur and private investor based in Cape Town. He has served as the chairman of London-based Alternative Capital, a global family office investment and advisory business, which he founded in 2018. Mr. Hersov also founded and served on the board of directors, private and public, of a number of companies, and owns businesses in the aviation, resource, media/marketing and finance sectors. He has founded and served as chairman of Invest Africa since 2013, the chairman of African Capital Investments which he founded in 2014, and Advisor to the Chairman of VistaJet since 2009. Mr. Hersov received a Bachelor in Business (with honors) from the University of Cape Town and an MBA from Harvard University.
Vice Chairman and Director
Brian Hinchcliffe, our Vice Chairman, has been involved in the founding of precious and base metal mining companies around the world for the last 30 years with a special focus on returning former mines to production through cost re-engineering and a critical focus on exploration. Mr. Hinchcliffe is currently President and Chief Executive Officer of North Peak Resources Ltd. (TSXV: NPR.V; formerly known as Interbit Ltd.) and also served as Chairman of Interbit Ltd. from 2016 to 2020. From 2014 to 2016, Mr. Hinchcliffe served as Executive Chairman and Chief Executive Officer of Rupert Resources Ltd. until he recruited a new exploration focused management team which is currently developing one of the largest new and high grade, open pit gold discoveries in Finland. From 2002 to 2014, Mr. Hinchcliffe was President and Chief Executive Officer of Kirkland Lake Gold Inc. (now Kirkland Lake Gold Ltd., TSX, NYSE, ASX), where he oversaw coordinating the dewatering of the Macassa Mine applying new and innovative exploration strategies that resulted in the Macassa Mine returning to production as one of the highest grade, lowest cost gold mines in the world. Prior to the founding of these companies, Mr. Hinchcliffe joint ventured the $500 million development in Venezuela with Anglo American Mines Ltd. of the Loma de Hierro laterite nickel deposit. He also founded American Pacific Resources, which re-engineered and restarted production at the El Mochito Mine in Honduras, a mine that is currently still in production. Mr. Hinchcliffe started his career as Vice President at J. Aron/Goldman Sachs in 1978 working in New York and London in the mining and metals sector as a trader for 10 years. Mr. Hinchcliffe holds a Bachelor’s degree in Economics from SUNY Oneonta.
Chief Executive Officer and Director
Christopher Chadwick, our Chief Executive Officer and director, has served as the founder and Chief Executive Officer of African Axis (Pty) Ltd, an advisory company to the resource industry since 2012. From 2012 to 2017, Mr. Chadwick served as the Chief Executive Officer of Gold One International (Pty) Limited. Prior to that, he served as the Chief Financial Officer of Gold One International (Pty) Limited from 2007 to 2012. During his tenure with Gold One International, Mr. Chadwick led the development and commissioning of Gold One International’s Modder East mine in 2009. Mr. Chadwick previously co-founded Sibanye-Stillwater Limited (JSE: SSW and NYSE: SBSW), the eighth largest gold company internationally and the largest gold producer in South Africa and one of the world’s leading palladium and platinum producers. He was instrumental to Sibanye’s acquisition of Stillwater Mining Company in 2017, which had an enterprise value $2.2 billion at the time of the transaction. Mr. Chadwick received a Bachelor of Accountancy from University of South Africa, as well as a Bachelor of Accountancy (with honors) CTA from University of South Africa and passed the CA (SA) for the South African Institute of Chartered Accountants.
Chief Financial Officer and Director
Cooper Morgenthau, our Chief Financial Officer and director, previously served as Senior Vice President, Financial Planning and Analysis at Clarivate Analytics from April 2019 to December 2019. From 2013 to 2019, he held various roles, most recently Vice President with M. Klein and Company, an investment bank with a global strategic advisory practice. While with M. Klein and Company, he was instrumental to the formation and initial public offering of Churchill Capital Corp, a special purpose acquisition corporation sponsored by M. Klein and Company, and played a key role in the SPAC’s business combination with Clarivate Analytics. During his tenure with M. Klein and Company, he also advised companies, governments and large institutional investors globally on mergers and acquisitions, capital markets activities and strategic investments. Prior to that, Mr. Morgenthau served as an investment analyst at Chesapeake Partners, a generalist, value-oriented hedge fund from 2012 to 2013 and as an investment banking analyst at Citigroup Global Markets from 2010 to 2012. Mr. Morgenthau holds a Bachelor of Science degree in finance from Virginia Polytechnic Institute and State University.
Chief Operating Officer
Izak Marais, our Chief Operating Officer, is a mining engineer with 27 years of experience in the open pit and underground mining industry. In December 2016, he co-founded Njovu Strategic and Operational Advisors (“Njovu”), an advisory company that provides strategic and operational advice to small and micro mining operations in Sub-Saharan Africa. Mr. Marais has served as Operations Director for Njovu since July 2017. Prior to that, Mr. Marais served as the Chief Operating Officer of Gold One International from November 2007 to December 2016, where he was responsible for the development from grassroot level, of the company’s flagship Modder East Operations, which included the development, construction, and operation of the shallow underground mine and metallurgical processing plant. He resigned as an officer of Gold One International in December 2016 and served in an advisory capacity at the company until June 2017. Mr. Marais previously served as Managing Director of Sallies Limited, an open pit fluorspar mining company listed on the Johannesburg Stock Exchange from 2003 to 2007. Mr. Marais holds a Bachelor of Engineering (Mining) degree from the University of Pretoria and an MBA from the University of Cape. He is currently completing an LL.M in International Business Law with the University of Cumbria.
Bradley Doig, one of our directors, has over 30 years of operational, mining, corporate finance and business development experience. He co-founded Petmin Limited, an anthracite producer based on South Africa, in 2005 and has served as Chief Operating Officer and executive director of Petmin Limited since February 2006. Mr. Doig is also currently President and Chief Executive Officer of Petmin USA Inc., leading the Company’s capital raising for the construction of a high-grade nodular pig iron facility in Ashtabula, Ohio. He previously founded and served as Chief Investment Officer and executive director of Decorum Capital Partners, the fund manager for the New Africa Mining Fund, South Africa’s first private equity fund specializing in the junior mining sector from 2001 to 2006. Prior to that, Mr. Doig held various roles at Samancor Ltd, a subsidiary of Billiton Ltd. (now BHP) from 1992 to 2002. Mr. Doig holds a Bachelor of Arts degree from the University of Natal and a Higher Diploma in Company Law from the University of the Witwatersrand. He also completed the Advanced Management Program at Harvard University Business School.
Koosum Kalyan, one of our directors, is a South African businesswoman. She has served as a Senior Business Development Advisor for Shell International in London from 2000 to 2019. Prior to that, she served as GM Executive for Shell Southern Africa from 1989 to 2000. She also serves on the Boards and International Advisory Councils of Aker Solutions in Norway, Gardaworld in Canada, Anglo-American Mining, and Norwegian African Business Association in Norway, Invest Africa and Thabo Mbeki Foundation. Ms. Kalyan holds a Bachelor of Laws and Economics degrees from the University of Durban Westville and completed the Senior Executive Management Program at London Business School and a Leadership Management Program at Shell Leadership Institute.