The MDL Board comprises two executive directors and four non-executive directors. The Deputy Chair has special responsibility for corporate governance and related areas.
The Board seeks to achieve a mix of skills, knowledge, expertise as well as operational and international experience in its directors. The Board is also dedicated to ensuring that it is structured in such a way as to optimise short- and long-term strategic and business performance.
Nic Limb – Chairman
BSc(Hons) MAusIMM ASIA
Nic has been Chairman of MDL since 1994. He has professional qualifications as a geoscientist and worked in the mineral exploration sector for 10 years. In 1983 he joined a stockbroking firm as a corporate financier in the natural resources finance division and subsequently joined a major international investment bank as an executive director, again working in resources finance. In 1993 he became Managing Director of a small listed gold explorer which grew to a substantial gold producer prior to being taken over in 2000. In 1994 he formed MDL and has acted as Chairman since that time. During his tenure as Chairman, MDL discovered and subsequently developed the large Sabodala Gold Project in Senegal and has progressed GCO to its current production status. He has been a non-executive director of a number of public companies over the last 20 years and currently holds a non-executive Chair position with FAR Limited.
Nic represents MDL on the TiZir Joint Venture board, holding the position of Chairman. He is also a member of MDL’s Nomination & Remuneration Committee.
Robert Sennitt – Managing Director
Rob was appointed Managing Director on 8 April 2016 after serving as CEO from June 2015 following an initial period working with MDL on strategic and business development initiatives. Prior to joining MDL, Rob spent almost 25 years in the investment banking industry where his focus was advising companies in the natural resources sector on financial and strategic transactions. During this period, Rob was a Managing Director at RBC Capital Markets, an Executive Director at Macquarie Capital and also worked with J.P. Morgan in Australia.
Rob represents MDL on the TiZir Joint Venture board, the Finance Committee (as Chair) and the Strategy & Development Committee.
Martin Ackland – Executive Director
BAppSc(Prim Met) MAusIMM MAIME FAICD
Martin is a qualified metallurgist who has spent over 40 years in the resources industry in a variety of roles that involved the creation of major resource groups from small capital bases. He has served as a director of a number of listed mining companies involved in gold, uranium and base metal production. From 1987 to 1995, Martin was an executive director of Ticor Limited (formerly Minproc Holdings Limited) where he was responsible for the successful implementation of the Tiwest Project – the world’s only integrated mineral sands mine, synthetic rutile and TiO2 pigment operation. His experience ranges from project development through to finance and capital raising.
Appointed in 2003, Martin has prime responsibility for the project implementation and engineering aspects of MDL’s projects. Martin serves as an MDL representative on the board of TiZir and TiZir Titanium & Iron AS. He is also a member of the TiZir Strategy & Development Committee.
Bobby Danchin – Deputy Chairman & Independent Non-Executive Director
BSc(Hons) MSc PhD FAusIMM
Bobby has over 40 years’ experience in the exploration industry. He was Chief Executive Officer of Anglo American plc’s Exploration and Acquisition Division and the Anglo American Group’s Deputy Technical Director (Geology). From 1997 to 2002, he was an executive director of Anglo American Corporation of South Africa Limited. In 1980, he joined Stockdale Prospecting Limited (an Australian subsidiary of De Beers) as Chief Geologist based in Australia. He remained with that company for 15 years, eventually becoming Exploration Manager heading up its Australian-based diamond exploration program.
Bobby is the Chair of the Audit & Risk Committee and a member of the Nomination & Remuneration Committee. Bobby also represents MDL on the TiZir Governance Committee.
Sandy MacDonald – Independent Non-Executive Director
Sandy has over 40 years’ experience covering operations, development, design and construction in the mining and metallurgical industries in Africa, United Kingdom, Canada and Australia. For the last 10 years Sandy has worked as an independent consultant on process design and implementation, technology development, plant expansion and project management for companies including TiZir Limited, BeMaX Resources NL, Tiomin Resources Inc, Xstrata, Western Mining Limited and BHP Billiton Limited. As a co-founder and technical director of Ausenco Limited, Sandy was responsible for feasibility studies and projects for a wide variety of mineral sands companies, including Iluka Resources, Tiwest, Kenmare Resources plc, Murray Basin Titanium and Basin Minerals Limited, as well as other mineral processing companies. He has also held senior engineering positions with Minproc Engineers, Noranda Limited of Canada, Allis Chalmers of Great Britain, and Nchanga Consolidated Copper Mines of Zambia.
Sandy is a member of the Audit & Risk Committee.
Tom Whiting – Independent Non-Executive Director
BSc(Hons) PhD MAppFIN MASEG AICD
Tom has over 30 years’ experience in global minerals exploration management including a very successful discovery track record. He held numerous senior management roles over a 20 year career with BHP Billiton, including Vice President of Minerals Exploration from 2000 to 2004. In this role, Tom was responsible for BHP Billiton’s global minerals exploration program whilst based in Melbourne. His other roles included strategic overview of Brownfield’s Exploration programs for all global BHP Billiton minerals assets. He also served on the Leadership group for BHP Billiton’s Diamonds and Specialty Products Customer Sector Group, which includes its mineral sands business. Prior to joining BHP, Tom worked for CRA Exploration Pty Ltd based in Melbourne and Geoterrex Pty Ltd (an international geophysical contractor) in Australia and Canada. He started his career with Delhi Oil based in Adelaide, Australia. He is currently non-executive Chairman of the Deep Exploration Technologies Cooperative Research Centre.
Tom is Chair of the Nomination & Remuneration Committee and a member of the Audit & Risk Committee.
MDL’s management team comprises executive directors Rob Sennitt and Martin Ackland (whose biographies are provided above) as well as Jozsef Patarica (COO), Greg Bell (CFO) and Michaela Evans (Company Secretary).
Jozsef Patarica – Chief Operating Officer
B.Eng MBA MAICD MAusIMM
Prior to joining MDL, Jozsef spent eight years as a Director of ASX listed Bassari Resources Limited focused on discovering and developing multimillion ounce gold deposits in the Birimian Gold Belt, Senegal, West Africa. He is a mining professional with a strong track record in the mining industry spanning 24 years. He has been involved in management, project evaluation and operational roles throughout his career in a number of mining centres across Australia and Senegal. He was involved in the development and operational management of the Fosterville Gold Mine (BIOX) in Victoria where he successfully transitioned the operation from open pit to underground mining. Prior to Fosterville, Jozsef was part of Placer Dome’s Corporate and Project Development Group based in Australia. He was part of the team for Newcrest involved in the construction and commissioning of Cadia Hill Gold Mine in NSW and, whilst in Western Australia, he was part of the team which successfully constructed and commissioned the Stage 3 expansion of the Fimiston Plant for Kalgoorlie Consolidated Gold Mines.
Jozsef has a Bachelor of Engineering (Mechanical), Master in Business Administration (Technology Management) and is a member of the Australian Institute of Company Directors and Australasian Institute of Mining and Metallurgy.
Greg Bell – Chief Financial Officer
Greg joined MDL in 2010 as Accounting Manager to provide assistance with the demerger of the Sabodala Gold Project. He has over 15 years of accounting and corporate finance experience with BDO and Deloitte and was previously the manager of the audit team for the Company from 2003 until 2006. Greg has a Bachelor of Commerce from the University of Melbourne and is a member of the Chartered Accountants of Australia and New Zealand.
Greg is a member of the TiZir Finance Committee.
Michaela Evans – Company Secretary & General Manager – Corporate Affairs
BA(Hons) PhD GradDipACG AGIA
Michaela joined MDL in 2012 as Communications Manager – Corporate & Social Responsibility and was appointed Company Secretary in 2013. She has previous ASX listed administrative and executive assistance experience and has, over the years, been employed in a research capacity by Curtin University and the University of Western Australia (UWA). Michaela has a Bachelor of Arts and Doctor of Philosophy from UWA, a Graduate Diploma in Applied Corporate Governance and is an Associate Member of the Governance Institute of Australia.
Michaela is a member of the TiZir Sustainability Committee.