Atalaya Mining Regulatory News (ATYM)

AIM: EMED 23 April 2010

Mr Roger Davey joins EMED Mining as Non-Executive Director

EMED Mining Public Limited ("EMED Mining" or "the Company"), the AIM quoted mine development and exploration company, is pleased to welcome Mr Roger Owen Davey as a Non-Executive Director of the Company.

Mr Davey (age 64) is a Chartered Engineer with over thirty years experience in the mining industry, spanning roles in project development, operation and financing. He is presently an Assistant Director and the Senior Mining Engineer at N M Rothschild (London) in the Mining and Metals project finance team, where for the last eleven years he has had responsibility for the assessment of the technical risk associated with current and prospective project loans. Prior to this his experience covered the financing, development and operation of both underground and surface mining operations in gold and base metals at senior management and Director level in South America, Africa and the United Kingdom. He is fluent in Spanish (conversational and commercial).

Previous positions included Director, Vice president and General Manager of Minorco (AngloGold) subsidiaries in Argentina (1994 - 1997), where he was responsible for the development of the US$270m Cerro Vanguardia, open pit gold-silver mine in Patagonia; Operations Director of Greenwich Resources plc, London (1984 - 1992), with gold interests in Sudan, Egypt and Australia; Production Manager for Blue Circle Industries in Chile (1979 - 1984); and various production roles from graduate trainee to mine manager, in Gold Fields of South Africa (1971 - 1978).

Roger is a graduate of the Camborne School of Mines, England (1970), with a Master of Science degree in Mineral Production Management from Imperial College, London University, (1979). He is a Chartered Engineer (C.Eng.), a European Engineer (Eur. Ing.) and a Member of the Institute of Materials, Minerals and Mining (MIMMM).

Mr Davey currently holds or has held during the past 5 years, the following other directorships:

There is no other information that is required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules.

EMED Mining Chairman, Mr Ronnie Beevor said,

"I am delighted that Roger Davey has joined our Board. Roger's previous experience complements the current corporate team and Board in this period of progressing the Company's key projects through permitting, development and into production."

EMED Mining Board of Directors

Non-Executive Chairman

Ronald (Ronnie) Beevor, BA (Hons)

Non-Executive Chairman, British and Australian Citizen based in Australia.

Mr Beevor is a former investment banker and was Head of Investment Banking at NM Rothschild & Sons (Australia) Limited. He has had an extensive involvement with the natural resources industry, both in Australia and internationally.

He is a non-executive director of Bannerman Resources Limited, Bendigo Mining Limited, New World Energy Limited, QMAG Limited and Talison Lithium Limited. Mr Beevor has an Honours Degree in Philosophy, Politics and Economics from Oxford University and qualified as a Chartered Accountant in London in 1972.

Executive Directors

Aristidis (Harry) Anagnostaras-Adams, B. Comm., MBA (continued)

Managing Director, Australian Citizen based in Cyprus and Spain.

Mr Anagnostaras-Adams also serves as Non-Executive Chairman of AIM-listed, KEFI Minerals PLC and has previously served as Managing Director of Gympie Gold Ltd, Executive Director of investment company Pilatus Capital Ltd, General Manager of resources investment group Clayton Robard Limited Group, Senior Investment Manager of Citicorp Capital Investors Australia Ltd and serves (or has served) as a non-executive Director of many other public and private companies across a range of industries.

Mr Anagnostaras-Adams has a Bachelor of Commerce (in Systems and Finance) from the University of New South Wales, Australia. He qualified as a Chartered Accountant while working with Price Waterhouse Coopers and has a Master of Business Administration from the Australian Graduate School of Management where he was awarded the John Story Memorial Prize as outstanding graduate.

John Leach B.A. (Economics), MBA

Finance Director, Canadian and Australian citizen based in Cyprus and Spain.

Mr. Leach has over 25 years' experience in senior financial and executive director positions within the mining industry internationally Mr Leach serves on the Board of KEFI Minerals plc and is a former member of the boards of Resource Mining Corporation Limited and Gympie Gold Limited (1995 to 2003).

Mr Leach holds a Bachelor of Arts (Economics) and a Master of Business Administration and is a member of the Institute of Chartered Accountants (Australia), the Canadian Institute of Chartered Accountants and is a Fellow of the Australian Institute of Directors. 

Non-Executive Directors

Dr Ross Bhappu, B.Sc., M.Sc., Ph.D.

Non-Executive Director, American Citizen based in USA.

Dr Bhappu is Chairman of the Company's Remuneration Committee.

Dr Bhappu is a Partner with Resource Capital Funds ("RCF") and has extensive experience in the mining industry working for both senior and junior mining companies.

Prior to joining RCF, he was chief executive officer of a start-up copper mining company, GTN Copper Corporation. Prior to joining GTN, Dr Bhappu was Director of Business Development for Newmont Mining Corporation. Before joining Newmont, he served in both technical and financial roles for Cyprus Minerals Company. He serves on the board of RCF's portfolio companies Traxys SA and Molycorp Minerals. Dr Bhappu holds a Ph.D. in Mineral Economics from the Colorado School of Mines and B.S. and M.S. degrees in Metallurgical Engineering from the University of Arizona.

Roger Davey ACSM, MSc., C.Eng., Eur.Ing., MIMMM

Non-Executive Director, British citizen based in the UK.

Mr. Davey was appointed a Non-Executive Director on 22 April 2010.

Mr. Davey is a graduate of the Camborne School of Mines, England (1970), with a Master of Science degree in Mineral Production Management from Imperial College, London University, (1979). He is a Chartered Engineer (C.Eng.), a European Engineer (Eur. Ing.) and a Member of the Institute of Materials, Minerals and Mining (MIMMM).

Mr. Davey has over thirty years experience in the mining industry. He is presently an Assistant Director and the Senior Mining Engineer at N M Rothschild (London). Mr. Davey has served as Director, Vice President and General Manager of Minorco (AngloGold) subsidiaries in Argentina (1994-1997); Operations Director of Greenwich Resources plc, London (1984-1992); Production Manager for Blue Circle Industries in Chile (1979-1984); and various production roles from graduate trainee to mine manager, in Gold Fields of South Africa (1971-1978).

Mr Ashwath Mehra, B.Sc.

Non-Executive Director, British Citizen based in Switzerland.

Mr Mehra is Chairman of the Company's Audit Committee. 

Mr Mehra is the Chief Executive Officer of the MRI Group, a commodities trading group with annual turnover of over $3 billion. 

Mr Mehra has worked in the minerals industry for 22 years, starting his career with Philipp Brothers after which he spent 10 years with Glencore, where he was a senior partner and ran the Nickel and Cobalt Divisions. He has substantial experience in mineral projects and project finance.

Gordon Toll, BE Mining, (Hons)., MSc Business.

Non-Executive Director, Australian Citizen based in the United Kingdom.

Mr Toll is Chairman of the Company's Physical Risks Committee.

Mr Toll has worked as a mining engineer and mining company chief executive or senior executive for 42 years including significant periods with BHP Billiton Ltd, Texas Gulf Sulphur, ARCO Coal Inc. and Rio Tinto Plc. He spent nine years with Ivanhoe Mines Inc. as Deputy Chairman and retired from this position in December 2004.

He is a former Chairman of Fortescue Metals Group and currently Chairman of FERROUS Resources Limited and LinQ Resources Fund Ltd and a special advisor to CD Capital.

Mr Toll has an Honours Degree in Mining Engineering from the University of Queensland and Master of Science Degree in Business from the Graduate School of Business, Columbia University, New York.