The Board has a number of committees consisting of certain Directors and Management including an Audit Committee, Remuneration Committee in addition to the Board of Directors. The Directors and Key Management Personnel biographies are set out below:
Boris Kamstra (Interim CEO)
Boris is a Professional Engineer with many years of investment, management, and operational experience. He has experience in a range of industries at senior executive levels including private equity, mining, venture capital and construction. He qualified cum laude from the University of Cape Town with a Civil Engineering degree in 1989, after which he commenced his career at Grinaker Concrete Construction, becoming a director of that company in 1999. In 2000 he completed an MBA at University of Witwatersrand. During his career Boris has been involved in the design, construction and operation of a number of mines in sub-Saharan Africa.
Charles has a long and distinguished career in stewardship of mining companies. He started his career doing his articles with Bernstein & Malkin before moving to Rand London Corporation in 1978, becoming the Group Financial Manager. Charles then joined Metorex Ltd in 1983, going on to become the CEO, and Chairman of its subsidiary companies in the group. Charles currently serves as the Corporate Affairs Executive for Metorex Ltd and Chairman of its subsidiary companies. During Charles’ tenure at Metorex he was involved in the development of Ruashi Copper mine in Katanga DRC. This was one of the first commercial mines to be developed in Katanga after the DRC opened up to international investment. Charles has been instrumental in developing and maintaining the good relations Ruashi enjoys in the DRC.
Brendon Jones (Non Executive Director)
Mr. Jones is the Chief Executive Officer of ADANSONIA MANAGEMENT SERVICES LIMITED, a licensed offshore management company in Mauritius. Mr. Jones was a shareholder of Inter-Ocean Management Limited, prior to its sale to Maitland in 2012. He remained the Managing Director of Maitland (Mauritius) Limited (ex Inter Ocean Management Limited) up to April 2014. Mr Jones has been actively involved in structuring and execution, of Private Equity Funds, Corporates and private clients across a range of industries with a specific focus on Africa.
Mr. Jones currently holds a number of Executive and Non-Executive Directorships, including Tremont Master Holdings, a mining investment holding company funded substantially by Denham Capital with an advisory relationship with Pangea Exploration (Pty) Ltd since 2011 as well as all its portfolio companies including Alphamin Resources Corporation, a TSX listed mining venture, BSi Steel Africa Limited, a subsidiary of the JSE listed BSI Steel Limited and Novare Fund Management Limited, Manager to the Novare Africa Fund PCC, a Mauritian Stock Exchange listed property Fund. He has more recently assisted, in the listing of a Property Fund, New Frontiers Limited on the Stock Exchange of Mauritius and inward listing on to the Johannesburg Stock Exchange.
Mr. Jones holds an Higher National Diploma in Human Resources, Investment Advice Certificate from the Securities Institute, London and in 2003 obtained a Master of Business Administration (MBA) from the University of Cape Town Graduate School of Business and is a fellow of the Institute of Directors. Mr. Jones is a dual British and South African citizen and resides in Mauritius.
Mr. Pretorius joined Rand Merchant Bank (RMB) in 1988 as a manager in the Corporate Finance division, which included the bank’s private equity activities, and helped with the management of such companies as Momentum Life, Aegis Insurance and Outsurance, and assisted their development and growth.
In 1996, on his appointment to the executive committee of RMB, he was responsible for starting the first venture of the RMB group into the retail banking industry through the launch of Origin. RMB acquired First National Bank in 1998, leading to the formation of the FirstRand group. He was appointed to the FirstRand executive committee taking responsibility for mortgage lending and private banking in the group. Board positions included First National Bank, Aegis Insurance and Outsurance. Mr. Pretorius also served on the RMB private equity investment committee up to 1998.
After leaving RMB/FirstRand at the end of 1999, Mr. Pretorius formed Treacle Private Equity with two partners. Treacle raised its first fund of R226m in 2000, and a second fund in 2005 of R463m. At Treacle, Mr. Pretorius has been involved in numerous investments and has served on the board of Senwes Limited, and presently serves on the boards of Securedata Holdings, Outsurance Holdings Ltd, Sourcecode Technology Holdings LLC, and Polar Star Management Ltd.
Mr. Pretorius holds a Bachelor of Science in Accounting from The University of South Africa. Mr. Pretorius is a South African citizen, currently residing in Mauritius.
Juan Carlos Del Rio (Non Executive Director)
Currently serves on the board of BASIC RESOURCES AG and ROME RESOURCES LTD. He formerly served as CEO in the ASTROC Group since its IPO and led the group from a USD 900 Mio IPO to its double cross-border M&A USD 20 Bio. While at UBS AG became responsible for Spain and Portugal and directed both countries’ Wealth Management business in the USA. Overlapping his terms at UBS and ASTROC he concurrently served on the Board of The US-Spain Chamber of Commerce. Prior to UBS he was responsible for developing an international new book of business for Merrill Lynch. He was also a pit supervisor on the floor of NYMEX for gold, silver & copper while working for Millenium Futures. Has BBA in Finance from Pace University (New York), a BS in Aerospace Engineering and MS in Financial Engineering from Polytechnic University (New York) and a Diploma of the RCC-Harvard Business School Executive Program (Cambridge).
Tom Borman who is a Chartered Accountant has vast experience in the mining and minerals industry. He served in excess of 11 years with BHP Billiton group in various senior managerial capacities. Subsequently he joined Warrior Coal Investments (Proprietary) Limited, as part of the executive team which established and consolidated the portfolio of assets now constituting the Optimum group of companies subsequently listed on the JSE March 2010. Tom has extensive global business experience, having worked in several countries including South Africa, Kenya, the Netherlands, the United Kingdom and Australia.
Tom is an active director of Beacon Rock Corporate Services, a company which provides advisory services to the mining industry. He is also a non-executive director of Metmar Limited, a Johannesburg Stock Exchange listed commodities trading company.
Eoin holds a Bachelor of Science (Accounting) from University College Cork, Ireland and is a member of the Institute of Chartered Accountants of Ireland. Mr O’Driscoll has extensive experience in the junior mining sector in Africa and South America. Prior to joining Alphamin, Eoin spent 4 years working on gold and copper projects in the Democratic Republic of Congo.
Trevor is a qualified Mining Engineer with over 20 years’ experience in the gold, platinum and base metal mining industries. He has held various executive, operational, construction and project management roles throughout his career. Of late, Trevor has been responsible for execution of projects ranging in value from $100 to >$300 million. He has successfully managed multi-disciplinary teams from exploration through feasibility on to construction, commissioning and handover to operations.
Zain Madarun is a Fellow Member of the Association of Chartered Certified Accountant, and a member of the Mauritius Institute of Professional Accountants and the Mauritius Institute of Directors. She is currently the Managing Director of ADANSONIA MANAGEMENT SERVICES LIMITED, a licensed offshore management company in Mauritius. Prior to joining ADANSONIA, she was a Senior Client Service Manager at Maitland (Mauritius) Limited up to June 2015. She had also worked in the fund administration department of Cim Fund Services, one of the largest management companies in Mauritius where she has been handling funds and investment vehicles set up by big investment managers in US and India. She has worked in the global business sector in Mauritius for almost 10 years
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