Walton Imrie (58)

Executive Chairman

Mr Imrie is a member of the Audit and Remuneration Committees. He started his career in stockbroking in South Africa in the early 1970s, then took up employment with Shaw & Co in London. Mr Imrie started an independent financial consultancy business which eventually became the Swiss based asset management company, Kestrel SA. He has been involved with gold mining and exploration through a number of vehicles including Simmer and Jack Mines Limited and Southern Prospecting (Pty) Limited. The latter company listed Randex and Potchefstroom Gold Areas in the 1980s in South Africa. Mr Imrie was a board member of Francistown Mining Limited. Its principal asset is the Toronto and Sydney listed Lionore Mining Limited. He is currently a director and shareholder of Pan African Mining (Pty) Ltd, a Zimbabwean gold producer.

Gareth Taylor (52)

Chief Executive Officer, NHD Metalliferous Mining (Wits Technikon) GradDipEng (Wits)

Mr Taylor’s portfolio will include the management of feasibility studies, imminent mining operations, and stakeholder relations and corporate affairs in Tanzania. Mr Taylor has extensive experience experience in deep level, intermediate, shallow underground and open cast mining in a number of African countries including Mali, Namibia, South Africa and Tanzania. For 28 years he was employed by AngloGold Ashanti where he was head of mining and planning for the company’s East and West África region and also managing director of the Geita Gold Mine in Tanzania. More recently Mr Taylor joined Barrick Gold, where he was executive general manager for Barrick Gold Tanzania and vice president for Barrick Gold Africa, responsible for all Barrick's operational interests in Africa.

Paul David Heber (47)

Non–executive Director

Paul Heber is an investment manager and stockbroker with more than 20 years experience in global stock markets, following 3 years in the oil industry. Formerly with SGHambros, Nat West and WI Carr, he is now with bespoke boutique Savoy Investment Management, regulated by both the FSA in London and the FSB in Johannesburg. He has a broad pan-African clientele alongside his domestic UK, European and Bermudian business.

Paul David Heber is currently a director of LonZim PLC and Savoy Investment Management Limited. He has no previous directorships or partnerships within the past 5 years.

Ketan Patel (42)

Non–executive Director

Mr Patel is the chairman of the Audit and Remuneration Committees. He attended schools and colleges in Kenya, India and the United Kingdom. Mr Patel has worked extensively in trading organisations in the UK and since 1986 has traded agrocommodities internationally. He is a senior director of Exporting Trading (Pty) Ltd and is Managing Director of the Sea Cliff and White Sands Hotels in Dar es Salaam. Mr Patel is also a director of Cielmac Ltd, a property company in Tanzania.

Maheshkumar Raojibhai Patel (53)

Alternate Director

Mr Patel serves on the boards of Cielmac Limited; Technobrain Limited; POA Rice Mills Limited; Kizota Agro Products Limited; and Hotel Sea Cliff Limited.