Board of Directors

Mr. Pannell is ABG’s Senior Independent Non-Executive Director of the ABG Group. Mr. Pannell holds several other Board appointments, including Agrium Inc, and is Chairman of the Board of Directors of Brookfield Infrastructure Partners LP. Mr. Pannell was formerly President, Chief Operating Officer and Chief Executive Officer of Noranda Inc, and Falconbridge Ltd. Mr. Pannell is a metallurgical engineer with over 40 years of experience in the mining and metals industry. He is former Chair of the Mining Association of Canada and a Board member of the International Council on Mining and Metals. Mr. Pannell holds a Bachelor of Science Degree in Engineering from Imperial College London, England, and is a professional engineer registered in Quebec and Peru. He is also an Associate of the Royal School of Mines and a Fellow of the Canadian Academy of Engineers.

Ambassador Mwapachu is an independent Non-Executive Director of the ABG Group. He is a law graduate who began his career in the public sector in Tanzania as a State Attorney and subsequently served in the Foreign Office. Following a period as a management consultant with Coopers & Lybrand Associates, now PricewaterhouseCoopers, he worked as Managing Director of one of the largest private sector Tanzanian business groups before establishing his own consulting group. Throughout his career he has been a leading advocate of the creation of a strong and dynamic private sector in Tanzania. He was the founding Secretary General of the Chamber of Commerce, Industry and Agriculture in 1988 and served as Chairman of the Confederation of Tanzania industries between 1996 and 2000 as well as Chairman of the East African Business Council from 1999 to 2000. During this period, he also served on a number of Presidential Commissions that consolidated Tanzania's market economy and which ushered in a multi-party political system. He was a Member of the Team that crafted Tanzania's Development Vision 2025. Later, he was appointed as Tanzania's Ambassador to France, a post he held from 2002 to 2006. Following his return to Tanzania, he has played a leading role in the regional integration of East Africa through his immediate past post as Secretary General of the East African Community, a position he held for five years until the end of April this year.

Mr. Cross is an independent Non-Executive Director of the ABG Group. He is also a Board member of the Financial Services Board of South Africa, Deputy Chairman of the Policy Board of South Africa, Chairman of the Financial Markets Advisory Board and Non-Executive Chairman of Swiss Gold DMCC Dubai. He was formerly Senior Deputy Governor of the South African Reserve Bank, Chairman of Highland Gold Mining Ltd, and a Director of Namakwa Diamonds Ltd and MKS Finance Geneva. He has a Bachelor of Commerce Degree from the University of Witwatersrand, South Africa, and is a fellow of the Institute of Bankers of South Africa.

Mr. Falzon is an independent Non-Executive Director of the ABG Group. He is a financial consultant, and a Director of Aurizon Mines Ltd. Mr. Falzon is a senior financial executive with over 25 years of financial and management experience within the mining industry, including a period as Vice President and Controller at Barrick between 1994 and 2006. He holds a Bachelor of Commerce Degree from the University of Toronto, Canada and is a Certified General Accountant (Canada) and a Chartered Accountant (Canada).

Mr. Galbraith is a Non-Executive Director of the ABG Group. He has been employed by Barrick since August 2000 in treasury and finance functions, and is currently Managing Director of Barrick International (Barbados) Corporation. Mr. Galbraith previously held the role of Audit Manager for PricewaterhouseCoopers. He holds a Bachelor of Arts Degree in Accountancy from Strathclyde University, is a member of the Institute of Chartered Accountants of Scotland and is a Chartered Financial Analyst Charterholder.

Mr. Kenyon is an independent Non-Executive Director of the ABG Group. He is Executive Chairman of the Board of Directors at Detour Gold Corporation, Chairman of the Board of Directors at Troon Ventures Ltd, and has more than 35 years of experience in the mining industry. He has previously been President and Chief Executive Officer at both Canico Resource Corp and Sutton Resources Ltd, and a Director of Cumberland Resources Ltd. He is a geologist by training, and holds a Master of Science (Geology) Degree from the University of Alberta in Canada. He was also the recipient of the 2005 Developer of the Year award from the Prospector and Developers Association of Canada in recognition of his accomplishments.

Mr Hodgson is an independent Non-Executive Director of the ABG Group. He was previously employed by the Anglo American and De Beers group of companies for over 30 years and from November 2001 through to his retirement in April 2005, he served as the Chief Operating Officer of Anglogold Ashanti, where he was responsible for overseeing the production of approximately six million ounces of gold per annum, from twenty two operations. Mr. Hodgson holds a BSc in Civil Engineering from the University of Witwatersrand in Johannesburg, South Africa, a BSc Mining (Honours) Royal School of Mines in London, and B Comm (majors in Economics and Business Economics) from UNISA in South Africa. He attended an Advanced Management Program at Harvard University in the USA.