CHAARAT GOLD HOLDINGS LIMITED - Key Persons


Artem Volynets - CEO

Job Titles:
  • Chief Executive Officer
  • Director
  • Executive Director
Mr Volynets' M&A, capital markets and executive experience in the mining sector, combined with his global industry and investor connections in Russia and Asia, will be invaluable to progress the Chaarat Project and achieve further growth based on acquisitions in Central Asia and the FSU. Mr Volynets has more than 20 years' experience in mergers and acquisitions, capital markets, and senior corporate management roles. During this time, he has led private and public transactions worth more than US$30 billion and managed leading businesses in the metals and mining industry. His M&A, capital markets and executive experience in the mining sector, combined with his global industry and investor connections in Russia and Asia, will be invaluable to progress the Chaarat Project and achieve further growth based on acquisitions in Central Asia and the FSU. Artem founded ACG Amur Capital Group Ltd which is an advisory and investment management firm in 2014.

Chris Eger - CFO

Job Titles:
  • Chief Financial Officer
Mr Eger has extensive financial, M&A and commercial expertise in the metals and mining sector, gained over a 20-year career in investment banking, metals trading and private equity. He was previously the chief financial officer of Nyrstar NV, where he played a major role in developing and implementing the Company's transformation strategy in addition to strengthening the balance sheet. Prior to that, he was M&A director at Trafigura AG and a member of the investment banking group of Bank of America Merrill Lynch, where he worked with metals and mining companies on debt and equity financing and M&A. He also worked as a director in the global metals and mining group at BMO.

Darin Cooper - COO

Job Titles:
  • Chief Operating Officer
Mr Cooper joined Chaarat with more than 30 years' experience in the metals and mining industry spanning operations, projects, restructuring and culture change. Immediately prior to joining Chaarat, Darin was Head of Mining at Fusion Capital, a Swiss investment firm, where he was responsible for due diligence of potential projects, assessment of early stage exploration projects, and development of capital and operating plans for proven development assets. Darin held senior roles at Nyrstar, the global multi-metals business, from 2012-2017, latterly as Vice President, Zinc Smelting. He has also served as COO of Talvivaara Mining Company (Finland) where he worked with the Finnish government, creditors and investors to secure financing options during their restructuring. Darin started his career at the Rio Tinto-Zinc Corporation. He obtained a BEng in Metallurgy from the University of Newcastle upon Tyne and an MBA from the Open University Business School, Great Britain.

David Tovmasyan

Job Titles:
  • General Director Kapan ( Armenia )
20 years of operations management and engineering experience, including leadership roles and oversight of open pit, underground mining and ore processing operations. Previous experience with Freeport McMoRan, Zangezur CMC and Dundee Precious Metals (Kapan).

Davron Vakhabov

Job Titles:
  • General Director ( Kyrgyz Republic )
20 years of experience in both greenfield and brownfield project development. Formerly a senior project team member during construction of Amulsar Gold Mine in Armenia. Previous experience in original mine construction at the Çöpler mine and subsequent plant and heap leach expansion projects.

Dorian L. (Dusty) Nicol - CEO, President

Job Titles:
  • CEO
  • President
  • Senior Vice President, Exploration
Dorian L. (Dusty) Nicol, President and CEO is a geologist with over 40 years of international experience in minerals exploration and mine development and operations. Most of his experience has been in copper, silver and gold. He has designed and managed succesful exploration programs throughout North and South America, Europe, Africa and the Pacific. Mr. Nicol holds a B.Sc. in Geology from M.I.T. and an M.A. in Geology from Indiana University and has been elected Fellow to the Society of Economic Geologists, to the Australasian Institute of Mining and Metallurgy, and to the London Geological Society. He is also a Registered Member of the Society of Mining Engineers. He speaks six languages.

Dr Hussein Barma

Job Titles:
  • Director
  • Independent Non - Executive Director
  • Member of the Brings to the Board
  • Chairman of Chaarat 's Audit Committee
Dr Barma has significant FTSE-50 senior executive experience, gained through over 15 years at Antofagasta plc, where he led its UK presence through a period of change and growth as the UK-based Chief Financial Officer. He has also had earlier careers in professional services and academia. Dr Barma is a qualified lawyer and chartered accountant. He holds a doctorate in corporate law from the University of Oxford. Dr Barma is Chairman of Chaarat's Audit Committee and is a member of each of Chaarat's Remuneration Committee, and Nominations Committee.

Gordon Wylie

Job Titles:
  • Deputy Chairman
  • Director
  • Independent Director
  • Member of the Brings to the Board
  • Member of Each of Chaarat 's Audit Committee
During his eight years as a member of AngloGold Ashanti's senior management team, Mr Wylie was responsible for their global exploration programme, part of which included moving into new prospective, higher risk geographical regions. Mr Wylie has been a non-executive director of numerous junior exploration companies operating globally since leaving AngloGold Ashanti. He was previously the chairman of Lydian International. Lydian International has been constructing a mine at the Amulsar open pit, heap leach gold project in Armenia. Mr Wylie brings to the Board of Chaarat 42 years' experience in the mining industry and directly relevant experience of growing companies from exploration to production.

Martin Andersson - Chairman

Job Titles:
  • Director
  • Executive Chairman
  • Member of the Brings to the Board
The Executive Chairman, Martin Andersson can be contacted by shareholders on matters of governance, as can the Company's nominated adviser, Numis Securities Limited ("Numis"). Contact details are provided within every Company announcement. A graduate of the Stockholm School of Economics and HEC Paris, Martin worked in mergers and acquisitions at Booz Allen Hamilton and advised the Russian Government on its privatization programme. In 1993 he co-founded Brunswick Brokerage - a Moscow based investment bank that was later sold to UBS - initially holding the position of CEO and from 1999 as Chairman of the joint venture, Brunswick UBS Warburg. Between 2006 and 2013 he was a shareholder and served on the Board of Siberian Coal Energy Company (SUEK), one of the largest thermal coal producers in Russia. Mr Andersson first invested in Chaarat in 2011 and he intends (via Labro) to be a long term and supportive shareholder.

Robert D Benbow

Job Titles:
  • Director
  • Member of the Brings to the Board
  • Non - Executive Director
  • Director of Powderhouse Gulch LLC
Mr Benbow's responsibilities include oversight of the Company's operations and project development. During his 45 year career, Mr Benbow has taken three green field gold developments into production, including Alacer Gold Corp.'s Çöpler Gold Mine in Eastern Turkey which has produced over 1 million ounces as one of the lowest cost producers in the world. The Çöpler mine is now moving into development of the refractory ore contained within the deposit. Mr Benbow is also a director of Powderhouse Gulch LLC (Colorado).

Robert Edwards

Job Titles:
  • Director
  • Independent Non - Executive Director
  • Member of the Brings to the Board
  • Independent Non - Executive Director and Member of the Audit and Corporate Governance and Remuneration Committees of PJSC MMC Norilsk Nickel
  • Member of Each of Chaarat 's Technical Committee
A mining engineer with a degree from the Camborne School of Mines, Mr Edwards is the former chairman of Global Mining at Renaissance Capital and has also worked for HSBC and the Royal Bank of Canada. He has worked in the global natural resources industry for 27 years, primarily in frontier and emerging markets, advising the managements of numerous companies on a range of industrial issues. As well as bringing deep sector knowledge, he has played a central role on multiple IPOs, capital raisings and M&A transactions. A deep sector knowledge of the FSU mining sector. Robert has played a central role in multiple IPOs, capital raisings and M&A transactions and is a well-known figure across the global mining investor base. Mr Edwards is a member of each of Chaarat's Technical Committee, HSE Committee and Nominations Committee. Mr Edwards is currently an independent non-executive director and member of the audit and corporate governance and remuneration committees of PJSC MMC Norilsk Nickel, and an adviser to several private natural resource companies. Mr Edwards also holds a number of other directorships.

Sergei Zhukov

Job Titles:
  • Company 's Head of Legal

Warren Gilman

Job Titles:
  • Director
  • Independent Non - Executive Director
Warren was Chairman and CEO of CEF Holdings Ltd, a mining focussed investment company jointly owned by CK Hutchison Holdings Ltd and the Canadian Imperial Bank of Commerce from 2011 to 2019. He is a mining engineer and co-founded CIBC's Global Mining Group in 1988. During his 26 years at CIBC he ran the mining investment banking teams in Canada, Australia and Asia, serving as Managing Director and Head of the Asia Pacific region for 10 years and latterly as Vice Chairman for CIBC World Markets. He has acted as advisor to the largest mining companies in the world including BHP, Rio Tinto, Anglo American, Noranda, Falconbridge, Meridian Gold, China Minmetals, Jinchuan and Zijin and has been responsible for some of the largest equity capital markets financings in Canadian mining history. Other commitments Warren founded Queen's Road Central Capital Ltd, where he is Chairman and CEO, in 2019. He is also a Board member of NYSE/TSX listed NexGen Energy Ltd, a uranium exploration and development company, and private mining company, Niobec Inc, which jointly owns the Niobec niobium mine in Canada with CEF, Temasek of Singapore and Magris Resources of Canada.