BOARD & MANAGEMENT
John Horan FCPA, FCIS
Chairman
Mr John Horan is a Fellow of the Australian Society of Certified Practising Accountants, a Fellow of the Chartered Institute of Secretaries in Australia, a Member of the Finance and Treasury Association Limited and a Member of the Australian Mining and Petroleum Law Association. He has many years experience in the financial, corporate, technical and management areas of the mining industry.
Mr Horan has established a large network of leading stockbrokers, corporate bankers, financial analysts, institutional investors and fund managers in Australian and international financial markets. He has been a director and chairman of a number of listed mining and exploration companies on the Australian Securities Exchange (ASX), the Alternative Investment Market (AIM) on the London Stock Exchange, the Toronto Stock Exchange (TSX) in Canada and the Port Moresby Stock Exchange (POMSoX) in Papua New Guinea. He is currently the chairman of Marengo Mining Limited (listed on ASX, TSX and POMSoX) and a director of ASX listed Adelaide Resources Limited. In July 1993 he established Adelaide Resource Management Pty Ltd to provide corporate advisory services to the mining industry.
Mr Horan was the finance director of Homestake Gold of Australia Limited now Barrick Gold Corporation, one of Australia's largest gold producers, from 1987 until June 1993. He first joined Homestake in 1978 and was responsible for financial, commercial and corporate management functions prior to 1987 when he played a substantial role in the float of the Australian subsidiary. He also fulfilled key responsibilities in subsequent very large debt and equity capital raisings.
From the early 1960s until the second half of the 1970s he held various financial accounting, corporate administrative and management positions in Poseidon Limited and CRA Limited now Rio Tinto Limited, following initial technical experience in CRA's mining operations at Broken Hill.
Leslie (Les) Emery
Managing Director
Mr Les Emery has been involved in the Western Australian mining industry for more than 35 years and has experience in exploration, mining and corporate administration. Until June 2001 he was Managing Director of Lynas Corporation Limited (formerly Lynas Gold NL) for 15 years and was instrumental in the transition of that Company from explorer to gold producer with the development of the Lynas Find Gold Mine and the subsequent relocation of the Lynas Find treatment plant to the Paraburdoo region to form and operate the Paraburdoo Gold Project in joint venture with Sipa Exploration NL. In 1999 Mr Emery negotiated the entry of Lynas Corporation into that company's now core business, the Mt Weld rare earths and tantalum/niobium project.
In addition to Lynas Corporation Limited, Mr Emery has previously been a director of a number of listed Australian resource companies, including Herald Resources Limited (as Managing Director), Sundowner Minerals NL, Roebuck Resources NL and Acclaim Exploration NL. From 1975 - 1981 he was employed by the Western Australian Department of Mines (now the Department of Mineral and Petroleum Resources). Prior to this he was employed by Western Mining Corporation Limited.
Mr Emery is a past Vice President and Executive Councillor of the Association of Exploration and Mining Companies Inc. (AMEC) and has served as a commissioned officer in the Australian Citizen Military Forces (now Army Reserve).
Sir Rabbie Namaliu, GCL, CSM, KCMG, BA, MA, HonLLD
Non-Executive Director
Former Prime Minister Sir Rabbie Namaliu is a distinguished statesman and committed Papua New Guinean with ministerial experience in Foreign Affairs and Trade, Treasury, Primary Industry, Petroleum and Energy and other areas of government responsibility including being the Speaker of the Papua New Guinea National Parliament.
Sir Rabbie holds directorships of other Papua New Guinea companies, including non-executive director of Bougainville Copper Limited and Kina Securities Limited, and Chairman of the publicly listed investment company Kina Asset Management Limited. In February 2010, Sir Rabbie was appointed Chairman of Kramer Ausenco, a new joint venture of PNG engineering company Kramer (PNG) Limited and Ausenco of Australia.
He was also appointed Chair Of InterOil Corporation's PNG Advisory Board on 1 August 2011.
Susanne Sesselmann
Non-Executive Director
Ms Sesselmann has 20 years experience in banking, including 10 years in investment banking and project finance throughout the world. She holds a Bachelor of Arts / Masters Degree in Languages from the University of Innsbruck in Austria and is currently a Director of the leading international private equity resource fund, The Sentient Group.
The Sentient Group, a major shareholder in Marengo, manages over US$1.3 billion in the development of quality metal, mineral and energy assets across the globe through its Caymans-based, closed-end private equity Sentient Global Resources Funds.
Sentient Global Resources Fund II is a 22.20% shareholder in Marengo.
Based in Munich, Germany, Ms Sesselmann headed up the Private Equity Funds Group for asset-based private equity funds at HypoVereinsbank until 2006, having first joined in 1987. As a project manager she was involved in a wide range of projects in Europe, the USA and Australia, where she focused particularly on transactions in the transportation and private-public partnership ("PPP") sectors. Since 1998 Ms Sesselmann concentrated on the lead arranging of finance for projects including the new Athens Airport, various bridge and tunnel projects in France and major highway projects in Portugal.
Elizabeth Martin, CMA, ICD.D
Non-Executive Director
Ms Martin is a Toronto based, professional accountant with a strong background in international exploration and mining companies. She has held senior and executive management roles in base metal and precious metal companies such as Northgate Mines Inc., Western Mining Corporation Limited, IAMGOLD Corporation and High River Gold Mines Ltd.
Ms Martin is a certified member of the Institute of Corporate Directors and is currently on the Board of Aura Minerals Inc., the Healthcare Insurance Reciprocal of Canada, and Sunnybrook Health Sciences Centre.
John Hick, BA, LLB
Non-Executive Director
Mr Hick has over 25 years of experience in the mining industry in both senior management positions and as an independent director, during which he has spent the majority of his time based in Toronto, Canada.
He is also an independent director of a number of TSX (or TSXV) listed mining companies including First Uranium Corporation, Carpathian Gold Inc., Revett Minerals Inc., Hudson Resources Inc. and Eurotin Inc.
Previously Mr Hick has held board and senior management positions with a number of successful Canadian mining companies, including Placer Dome Inc., TVX Gold Inc., Defiance Mining Corp, Rio Narcea Gold Mines Ltd, Geomaque Explorations Ltd and Rayrock Resources Inc.
Douglas Dunnet B.Sc.(Hons), PhD F.AusIMM
Non-Executive Director
Dr Doug Dunnet is a geologist with over 30 years experience. He has a strong background in management of mining project initiation and development in Australia and North America, including 14 years with the Anaconda (USA) group of companies, culminating as Exploration Manager for the Australian subsidiary during the period 1980-1983. He has extensive experience in the Archaean and Proterozic rocks of Australia and North America.
In 1984 Dr Dunnet became a principal of Aurex Pty Ltd , a contracting and consulting company. In 1987 he initiated the listing of and became Managing Director of Orion Resources NL and a director of Ranger Minerals Ltd . He was subsequently instrumental in acquiring a 45% interest in the Yilgarn Star Gold Mine near Southern Cross and guiding Orion to a market capitalisation of over $130 million, prior to the takeover by Sons of Gwalia NL. This included the successful transition from significant open pit mining to major underground mining operations producing in excess of 100,000 ounces of gold per annum.
Dr Dunnet also served as Chairman of Paladin Resources Limited, a listed Australian mineral exploration company, from 1994 until December 2002.
Samuel Akoitai
Director - Marengo Mining (PNG) Limited
Mr Sam Akoitai was born on the PNG island of Bougainville and gained experience in the
minerals industry through his employment with Bougainville Copper Limited.
He entered the National Parliament of Papua New Guinea in 1997, serving firstly as Minister for Bougainville Affairs (1997-2000) and subsequently as Minister for Mining from 2002 until the national elections in mid 2007.
During his term as Minister for Mining he implemented the establishment of the Mineral Resources Authority, the statutory authority which now regulates and administers the mining industry in that country.
Mr Akoitai is a director of Marengo's 100% owned subsidiary, Marengo Mining (PNG) Limited, the holding company for Marengo's Yandera Copper-Molybdenum Project.
John Ribbons, B.Bus., CPA, ACIS
Company Secretary
Mr Ribbons is an accountant who has worked within the resources industry for over fifteen years in the capacity of company accountant, group financial controller or company secretary. Currently, as a member of the DWCorporate Pty Ltd team, a specialist provider of company secretarial/CFO services, John is engaged in that role for number of ASX listed exploration companies.
Mr Ribbons has extensive knowledge and experience with ASX listed production and exploration companies. He has considerable site based experience with operating mines and has also been involved with the listing of several exploration companies on ASX. Mr Ribbons has experience in capital raising, ASX compliance and regulatory requirements. Currently, Mr Ribbons is a director of Montezuma Mining Company Ltd.
Mark Churchward, B. Comm, ACA, ACIS, F. Fin
Chief Financial Officer
Mr Churchward is a Chartered Accountant with more than 20 years experience in finance and commerce with a number of listed mining companies, including Xstrata and Normandy. Recently, he served for four years as Finance Manager for Ok Tedi Mining Limited, based at the Ok Tedi mine in PNG.
Craig McGown, B. Comm, FCA, ASIA
Vice President - Corporate Development
Mr McGown has more than 35 years experience in corporate finance, covering mergers and acquisitions, capital raisings in both domestic and international financial markets, asset acquisitions and asset disposals, initial public offerings and corporate restructurings.
Mr McGown has significant experience with capital raisings in both domestic and foreign financial markets and has been involved in many successful capital raising transactions. Mr McGown has also served on the boards of a number of listed and unlisted companies including Resource Finance Corporation Limited as an executive director, as the executive chairman of Perth based stockbroker, DJ Carmichael Pty Limited, and a director of New Holland Capital.
Peter Dendle B.Sc, M.Sc, M.AusIMM
Project Manager - Yandera
Mr Peter Dendle is a geologist with more than 30 years experience in Africa, North America, Europe, South East Asia and Australia.
From 1981 until 2000 he held senior project management positions with BHP, including an extended period in Mozambique. He has also held positions with the Northgate Exploration Group of Canada and the African arm of Falconbridge Nickel.
During his career Peter has been involved in all facets of mineral exploration through to feasibility studies, in at times, logistically difficult areas.
Peter is responsible for all site activities at Marengo’s Yandera Project.
Malcolm Roberts BSc. (Hons), PhD., FMinSoc., FGSSA.
Principal Geologist
Dr Roberts gained a PhD at Manchester University in the UK, specialising in the petrogenesis of granitoid magmas, after completing his first degree in Geology at the University of Wales in Cardiff. He completed three years of post-doctorate studies at Salzburg University, Austria and subsequently lectured at Rhodes University in South Africa.
In 2003, Dr Roberts joined the Council for Geoscience to take up a role as senior geologist based in the Eastern Cape Province, South Africa where he was heavily involved in regional mapping in Mozambique. In early 2006, Dr Roberts joined the Mining Sector Support Program's Geomap Project in Papua New Guinea, as the representative of the Council for Geoscience, to provide expert support to a European Union-funded capacity development scheme for Papua New Guinea. His work on this project has involved geological mapping and mineral reconnaissance studies as well as petrological, geochemical support and training of young Papua New Guinean geologists.
Dean Richardson
Vice President - Investor Relations
Mr Richardson has been involved in Investor Relations for the last ten years following a twenty year career in International Banking and Derivatives Trading. Mr Richardson has had extensive experience in dual listed resource companies including ASX/AIM listed Hardman Resources and most recently with ASX/TSX listed Minemakers Limited.
Fiona Hardouin-Riddle
Office Manager/Investor Relations (Australia)
Ms Hardouin-Riddle is responsible for the day to day running of the Perth office as well as Executive Assistant to the Managing Director, Mr Les Emery. She also works in conjunction with Mr Dean Richardson on investor relations matters.
Victoria Russell, B.A., LL.B
Investor Relations (North America)
Victoria Russell has a background in mining law and the media. She is a mining lawyer and was General Counsel, Vice President and Corporate Secretary of Goldcorp Inc. In the media, she created and hosted The Commodities Report on BNN, a national half hour TV show, and previously she had been the Legal Correspondent on CBC National TV News. She has also taught and written about the law.
Dennis Wilkins, B.Bus, AICD, ACIS
Joint Company Secretary
Mr Wilkins is the principal of DWCorporate Pty Ltd which provides advisory, funding and administrative management services to companies operating in the resource sector; he has considerable knowledge and extensive experience in funding solutions for developing companies.
Mr Wilkins is a director of Minemakers Limited and Key Petroleum Limited.