Mr Behets is a geologist with over 20 years experience in the mineral exploration and mining industry in Australia and internationally. From 1988 to 2005, he worked for WMC Resources Limited
Mr Matthew Yates Joint Managing Director
Mr Yates is a geologist with over 20 years industry experience, covering most facets of exploration from generative work to project development. He was the Managing Director of OmegaCorp Limited when it acquired the Kariba, Mkuju River and Mavuzi Projects and was instrumental in advancing the Kariba Uranium Project in Zambia through a successful exploration phase and completion of a scoping study. OmegaCorp was subsequently taken over by Denison Mines Corp for close to $200 million. At the time of the takeover, the Project contained an Inferred Mineral Resource of 13.7 million pounds of U3O8 in accordance with the JORC code. Mr Yates’ efforts were directly attributable to the significant increase in the market capitalisation of OmegaCorp since it listed on the ASX in August 2004. Most recently, Mr Yates was Managing Director of Mavuzi Resources Limited up until the merger with Mantra.
Mr Yates has worked in Australia and southern, east and west Africa, Central Asia and the Gulf Region. He managed exploration teams at the Nimary and Buhemba Projects in Western Australia and Tanzania respectively. Mr Yates has an applied technical background and has held senior positions for over 15 years, including Exploration Manager for Tanganyika Gold Limited. Mr Yates was appointed a Director of the Company on 11 March 2008.
Mr Colin Steyn Non Executive Director Qualifications – B.Comm, MBA
Mr Steyn has over 30 years experience in the resources sector with particular expertise in the development of mining operations in southern Africa. Mr Steyn was previously President and CEO of LionOre Mining International from 1999 to 2007. He was one of the original founders of LionOre and was instrumental in the growth and development of LionOre into a major international mining house. During his time as CEO, LionOre grew from a market capitalisation of US$100 million to over US$6 billion.
MRU Price at posting:
$2.66 Sentiment: Buy Disclosure: Held
