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Saracen Mineral Holdings Ltd (SAR.AX)

SAR.AX on Australia Stock Exchange

6.06AUD
20 Oct 2020
Change (% chg)

$-0.03 (-0.49%)
Prev Close
$6.09
Open
$6.03
Day's High
$6.08
Day's Low
$6.01
Volume
7,182,832
Avg. Vol
9,583,576
52-wk High
$6.75
52-wk Low
$2.81

Summary

Name Age Since Current Position

Anthony Kiernan

69 2018 Independent Non-Executive Chairman of the Board

Morgan Ball

2016 Chief Financial Officer

Simon Jessop

2017 Chief Operating Officer

Raleigh Finlayson

41 2013 Managing Director, Executive Director

Jeremy Ryan

2016 Company Secretary

Martin Reed

69 2012 Non-Executive Director

Sally Langer

46 2020 Independent Non-Executive Director

John Richards

59 2019 Independent Non-Executive Director

Roric Smith

58 2017 Independent Non-Executive Director

Samantha Tough

54 2013 Independent Non-Executive Director

Biographies

Name Description

Anthony Kiernan

Mr. Anthony Kiernan serves as Independent Non-Executive Chairman of the Board of the Company. Mr Kiernan is a former solicitor with extensive experience gained over 35 years’ involvement in the management and operation of publicly-listed companies. Mr Kiernan has extensive experience as a director of publicly-listed companies and is currently the Non-Executive Chair of Pilbara Minerals Ltd and Venturex Resources Ltd. Mr Kiernan is also the Chairman of the Fiona Wood Foundation.

Morgan Ball

Mr. Morgan Scott Ball serves as Chief Financial Officer of the Company. Mr Morgan Ball is a Chartered Accountant with over 25 years of Australian and international experience in the resources, logistics and finance industries. Mr Ball was appointed in December 2016 and as CFO is responsible for managing all of Saracen's financial and commercial matters. Prior to joining Saracen, Mr Ball was Managing Director of ASX listed iron ore producer – BC Iron Ltd and prior to this he was BC Iron's Finance Director, CFO and Company Secretary. Previously, Mr Ball was CFO & Company Secretary of Indago Resources – an ASX listed company developing the large Nyanzaga gold deposit in northern Tanzania. Mr Ball has also held senior commercial roles at WMC Resources, Brambles and P&O. Mr Ball is a member of the Institute of Chartered Accountants and holds a Bachelor of Commerce degree from the University of Western Australia. Mr Ball is also a Non-Executive Director of Chalice Gold Mines Limited (ASX:CHN) and is Vice President of the Association of Mining & Exploration Companies ("AMEC").

Simon Jessop

Mr. Simon A. Jessop serves as Chief Operating Officer of the Company. Mr Simon Jessop is a Mining Engineer with over 20 years of technical and operational experience in the mining industry covering Underground and Open pit operations throughout Australia. Mr Jessop studied at the WA School of Mines in Kalgoorlie achieving a Bachelor of Engineering (Mining) as well as a Bachelor of Science (Mine and engineering surveying). He has worked at numerous Gold projects throughout Australia namely WA and QLD as well as base metals exposure in Nickel both at Kambalda and near Leinster. Mr Jessop was appointed in December 2017 and as COO is responsible for managing the operational aspects of Saracen's business. Prior to joining Saracen, Mr Jessop held numerous General Manager roles for Evolution Mining from the company’s inception in 2011 first as General Manager at Cracow, then General Manager for Underground operations covering Pajingo and Cracow and finally as General Manager of their Mungari operation and the broader Kalgoorlie region. Mr Jessop previously worked for Panoramic Resources as the Operations Manager leading the Lanfranchi Nickel project and was Manager of Projects in the Perth office. Before this he also worked for Byrnecut Mining as the Project Manager at Agnew and Cosmos plus various other roles throughout his tenure. Mr Jessop is the holder of a First Class Mine Managers Certificate of Competency.

Raleigh Finlayson

Mr. Raleigh John Finlayson serves as Managing Director, Executive Director of the Company. Mr Finlayson is a mining engineer with over 20 years’ of technical and operational experience in the mining industry. Mr Finlayson previously held positions of underground manager for Panoramic Resources and various mining engineering roles with OceanaGold Corporation and Gold Fields Ltd. Mr Finlayson served as the President of the WA School of Mines Alumni from 2017-2020. Mr Finlayson, who studied at the Western Australian School of Mines, is a holder of a First Class Mine Manager’s Certificate and a Graduate Certificate in Applied Finance and Investment. Since joining the Company, he has overseen the Feasibility Studies and development of both the Carosue Dam and Thunderbox operations, the acquisition of Saracen’s 50% stake in Kalgoorlie Consolidated Gold Mines (KCGM) and entry into the ASX 100. Mr Finlayson was the Company’s Chief Operating Officer before being appointed Managing Director in April 2013.

Jeremy Ryan

Mr. Jeremy Ryan serves as Company Secretary of the Company. Mr Ryan joined Saracen in March 2012 as Manager - Legal. Mr Ryan was admitted to practice in 1998 and has extensive experience in advising on the development and operation of mining and infrastructure projects. Prior to joining the Company, Mr Ryan worked as a lawyer for a native title representative body, State and Federal government departments and in the Finance & Projects team of a large international law firm.

Martin Reed

Mr. Martin Reed serves as Non-Executive Director of the Company. Mr Reed has previously held non-executive director positions at Adamus Resources Limited (later merged with Endeavour Mining Corporation where he was also a director) and Toro Gold Limited (which has recently been acquired by Resolute Mining Limited). Mr Reed is a qualified mining engineer (BE Mining, Grad Dip Management, AICD Diploma) with over 40 years’ experience in operations management and project development across a range of commodities, countries, and sizes of operations. Executive roles have included Chief Operating Officer and Project Manager for a number of resources companies including Sandfire Resources, St Barbara Limited, Paladin Energy Ltd and Windimurra Vanadium Limited.

Sally Langer

Ms. Sally Langer serves as Independent Non-Executive Director of the Company. Ms Langer originally qualified as a chartered accountant with Arthur Andersen LLP. Ms Langer has more than 25 years’ experience in professional services across a variety of sectors with substantial experience in the resources sector, particularly in Western Australia. During this time, she has been responsible for management functions including strategy, business development, budgeting and human resources. After 20 years in executive search working closely with Boards and CEOs to advise on talent, culture and organisation structure, Ms Langer is currently working as an independent advisor. Ms Langer holds a Bachelor of Commerce from the University of Western Australia and is currently undertaking the Australian Institute of Company Directors (“AICD”) course.

John Richards

Mr. John Richards serves as Independent Non-Executive Director of the Company. Mr Richards is an economist with more than 35 years’ experience in the resources industry. During this time, he has been involved in a wide range of mining mergers and acquisitions (“M&A”) in multiple jurisdictions. Previous positions include Group Executive - Strategy and Business Development at Normandy Mining Ltd, Head of Mining and Metals Advisory (Australia) at Standard Bank of South Africa Limited, Managing Director at Buka Minerals Ltd and Operating Partner at Global Natural Resources Investments (“GNRI”). Mr Richards holds a Bachelor of Economics (Honours) from the University of Queensland.

Roric Smith

Dr. Roric Smith Ph.D. serves as Independent Non-Executive Director of the Company. Dr Smith is a highly experienced geologist with extensive Australian and international experience and is currently a Principal Consultant at HiSeis Ltd, hard rock seismic specialists. Prior to joining Saracen, Dr Smith served as Vice President Discovery and Chief Geologist for Evolution Mining Ltd and Senior Vice President of Global Greenfield Exploration at AngloGold Ashanti Ltd. Dr Smith holds a Bachelor of Science (Honours) Geology and PhD from the University of Natal in South Africa.

Samantha Tough

Ms. Samantha Jane Tough serves as Independent Non-Executive Director of the Company. Ms Tough has over 20 years’ experience on public and private company boards. Ms Tough is a Director of Clean Energy Finance Corporation, Chair of Horizon Power and the Chair of COAG National Energy Selection Panel. Previous positions include Chair of Southern Cross Goldfields Ltd, Chair of Retail Energy Market Company, Chair of Aerison Pty Ltd, Chair of Advanced Well Technologies Pty Ltd, Chair of Proactiv Pty Ltd and Director of Synergy. Executive roles have included General Manager of North West Shelf at Woodside Energy Ltd, Director of Strategy for Hardman Resources Ltd, Senior Vice President (Natural Resources) at the Commonwealth Bank and Project Director for the Pilbara Power Project. Ms Tough is currently Pro Vice Chancellor, Industry Engagement at The University of Western Australia (“UWA”).

Basic Compensation

Name Fiscal Year Total

Anthony Kiernan

190,000

Morgan Ball

1,873,150

Simon Jessop

1,883,160

Raleigh Finlayson

2,537,780

Jeremy Ryan

--

Martin Reed

140,000

Sally Langer

23,333

John Richards

140,000

Roric Smith

140,000

Samantha Tough

140,000
As Of  30 Jun 2020