The Asia Miner

JUN 2018

The ASIA Miner - Reporting Important Issues to Mining Companies in the Asia Pacific Region

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Page 41 of 51

the asia miner • volume 15 • issue 2 40 ON THE MOVE BARRICK GOLD CORPORATION Barrick Gold CorporaƟon announced the passing of the Company's Founder and Chairman Emeritus, Peter Munk. Munk founded Barrick in 1983 and built it into the world's largest gold mining company in less than twenty-five years. MICROMINE MICROMINE appointed Amelie St-Onge to the posiƟon of Regional Manager – Canada. Ms St-Onge brings with her a wealth of experience across business development, consulƟng, senior management, industry development and internaƟonal project finance. TECHENOMICS Sugarkhorloo E has stood down from the posiƟon of Country Manager due to ill health. Tumenjargal Myagmarsuren has been promoted to the posiƟon of OperaƟons manager for Techenomics Mongolia and will replace Sugrarkhorloo E as the officer in charge of our UB Office. Otgontuya Bayarkhuu has been promoted to the posiƟon of laboratory supervisor, with Lkhagvasuren Turbat promoted and seconded to the parent company Techenomics InternaƟonal to fill the new role of Blue Oceans Development supervisor. INTERMIN RESOURCES LIMITED ExecuƟve Director Lorry Hughes has tendered his resignaƟon from the Company effecƟve 31 January 2018 to take on an execuƟve posiƟon in a new exploraƟon Company. Grant Haywood was promoted to the role of Chief OperaƟng Officer (COO) effecƟve immediately. BROKEN HILL PROSPECTING Trangie Johnston was named as Managing Director of Broken Hill ProspecƟng Limited, adding to his current role as CEO. Mr Johnston will take up his new post effecƟve immediately. Mr Johnston will conƟnue playing an acƟve role in the Thackaringa Joint Venture with Cobalt Blue Holdings Ltd (COB). BESRA GOLD Besra Gold has announced that that Pangaea Holdings has exercised its right to appoint a second member to the board of Besra Gold, and that John Terry has been appointed. Mr Terry is a fully qualified UK trained accountant with extensive experience in audit, financial control and offshore financial services. Besra Gold also advises that it has received the resignaƟon of Kevin Tomlinson as a Director of the Company. Mr Tomlinson has served as a director and Chairman of the company since his appointment on 3 April 2017. PT GULF Bpk. Fofo Sariaatmadja and Bpk. Chairoel Jul Naro were appointed as Commissioners and Bpk. Johanes Susilo as a Director of PT Gulf. Bpk. Fofo Sariaatmadja currently serves as Chairman and CEO of PT JTS, as well as Commissioner at PT Elang Makhota Teknologi Tbk. Bpk. Fofo completed his studies at the University of New South Wales, earning a Master of Engineering Science (Electrical & Digital CommunicaƟon) degree in 1987 and a Bachelor of Engineering (Honours, Electrical) degree in 1985. Bpk. Naro currently serves as advisor to PT Indonesia Asahan Aluminium Persero (INALUM), Indonesia's first and largest state-owned enterprise within the aluminium industry, and PT Kereta Api Indonesia (KAI), the major operator of public railways in Indonesia. GCL SYSTEM INTEGRATION TECHNOLOGY CO GCL has announced the appointment of Eric Luo as Chief ExecuƟve Officer, effecƟve January 5, 2018. Mr. Luo was nominated for Asian CEO of the Year in 2014 at Power and Electricity World Asia in recogniƟon of his leadership in transforming Wuxi Suntech and Shunfeng InternaƟonal Clean Energy (SFCE) into leading clean energy soluƟon providers. TENOVA METALS Roberto Pancaldi, current Tenova Metals Chief OperaƟng Officer, has become the new Tenova Metals CEO, assuming the role of Andrea Rocca, who, aŌer five years in Tenova, has taken new responsibiliƟes in Tecpetrol, another company of the Techint Group. Pancaldi joined the Techint Group as Process Engineer in 1988 and has spent his enƟre career in Techint and then in Tenova. He held various posiƟons of leadership in different funcƟons and business units of the Metals Division, contribuƟng acƟvely to the development and expansion of the company. ALDRIDGE MINERALS INC Aldridge Minerals announced the appointment of Jeremy South and Gage Jull as independent directors to the Company's board of directors (the "Board"). Jeremy and Gage bring a wealth of mining and capital markets experience to Aldridge, with a focus on advancing the development of the Yenipazar Project. Mr. South is currently Managing Partner of a Canadian- based private equity group. He has over 30 years of experience in M&A, capital markets and private equity. Mr. Jull is a co-founder and Principal of Bordeaux Capital. He has over two decades of experience in corporate finance covering the oil and gas, ferƟliser and agriculture, mining, technology and industrial sectors. LINCOLN MINERALS LIMITED The Board of Lincoln Minerals has advised that Kee Saw has been appointed as Non-ExecuƟve Director to the Board of the Company and that Dr Yihao (Eric) Zhang had resigned as Non- ExecuƟve Director. Mr Kee Guan Saw is a Fellow Member of the InsƟtute of Chartered Accountants in Australia and is the current President of the Chinese Chamber of Commerce Victoria Inc. REALM RESOURCES LTD Michael Rosengren was appointed as the new Managing Director of Realm Resources, effecƟve 8 January 2018, replacing Glen Lewis who stepped down from the Managing Director in August 2017 on the grounds if ill health. NUSANTARA RESOURCES Nusantara has appointed Derek Humphry as Chief Financial Officer. Derek brings a wealth of experience with financial management of resources companies during feasibility studies, financing and development of mines. Derek will take over the Chief Financial Officer role from Craig Smyth who will transiƟon back to his role as Chief ExecuƟve Officer of Lion SelecƟon Group Limited. Nusantara has also advised Robin Widdup was appointed as a non-execuƟve director. Robin is the founder and a director of Nusantara's largest shareholder, Lion SelecƟon Group Limited.

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