Big Picture – A Deep Dive Examination of IronRidge Resources Ltd
IronRidge Resources Ltd Snapshot
CORPORATE SOCIAL RESPONSIBILITY
IronRidge Resources is committed to being a responsible global citizen and a ‘good neighbour’ in all areas of work. IronRidge project areas are sparsely populated and we have extensively engaged all local stakeholders – from the provincial government in each African country we operate in, to the traditional community leaders and Village Chiefs.
IronRidge believes the key to being a good neighbour lies in regular, open dialogue with the communities in which we work commencing at grassroots level. Our geologists and local staff leading the effort and actively contribute to our belief that the company is a part of the community.
We’re conscious of our impact on the environment and have developed different practises that allow us to work with a sustainable, environmentally minded approach. We recognise the importance of leading and promoting the highest principles and practices to ensure health and safety for our team onsite and within our wider community. Minimising our environmental footprint is a key priority. Our aim is to undertake all activities in an environmentally responsible manner by integrating the protection of the environment into our everyday working practices.
We take pride in providing equal opportunities for employment.
Our goals are:
· Continue to make a strongly positive contribution to the local community;
· To have an injury and incident free workplace through ongoing commitment to best practices and regulations in Workplace Health and Safety
· Provide medical assistance and training to both our employees and local community members
· Rehabilitate the land and continue to improve and expand our reforestation initiatives
· Regularly monitor the surrounding soil and waterways
· Develop and operate equal opportunities and policies for all staff
IronRidge pledges to employ local workforce where possible, and support the local economy through community businesses, sponsorships and social events. Attracting and maintaining a skilled and diverse workforce is an integral part of IronRidge's 'good neighbour' approach. We are very proud of our local workforce in Chad, Ghana and Cote d’Ivoire.
In Ghana, we are currently establishing a plant nursery at the Ewoyaa Lithium Project, this will work toward re-forestation post exploration and drilling activities. The drill rig access at the Ewoyaa Project has opened up an historic access road between the two local villages - allowing easier access for farmers and local community members. IronRidge was also responsible for clearing an area which will be used to build a community hall.
IronRidge regularly meets with Village Chiefs and landowners from the surrounding areas including Ewoyaa, Abonko, Anokye and Hweda. These meetings allow transparent communication between IronRidge and other parties. We provide constant updates on company activities and seeks approval from Village Chiefs for certain activities.
Contributing to Environmental Sustainability
IronRidge pledges to contribute positively to the community in which we work, avoiding and minimising potential impacts on the environment is paramount.
· Health and Safety objectives
· No business objective will take priority over health and safety.
· No task is so important or urgent that it cannot be done safely.
· All injuries and incidents are preventable and IronRidge strives to conduct regular safety drills and monitor the quality of equipment
Training and Development
IronRidge currently trains graduate geologists that are brought on board for employment and also trains lab technicians on the PRESS, pXRF and LIBS as well as data entry into excel. Once operations and exploration activities increase, IronRidge will create a more formal training system to implement company techniques and standards across the board.
Our core belief is that by enforcing a transparent, open dialogue of our activities with each local community, we can help create opportunities and contribute to building a better future together.
Ghana, Chad, Ivory Coast, Ghana, Australia & Gabon.
Mr. Herbert is a Fellow of the Association of Chartered Certified Accountants and has over 23 years of experience in finance. Mr. Herbert has been involved in growing mining and oil and gas companies, both as an executive and an investment manager, for over 16 years and, until May 2013, was Co-Chairman and Managing Director of AIM quoted Polo Resources Limited, a natural resources Investment Company.
Prior to this, he was a director of resource investment company Galahad Gold plc from which he became Finance Director of its most successful investment, start-up uranium company UraMin Inc. from 2005 to 2007, during which period he worked to float the company on AIM and the Toronto Stock Exchange in 2006, raise c.US$400 million in equity financing and negotiate the sale of the group for US$2.5 billion. Mr Herbert has also held board positions at a number of resource companies where he has been involved in managing numerous acquisitions, disposals, stock market listings and fundraisings. Mr Herbert holds a Joint Honours Degree in Economics and Economic History from the University of Leicester.
CHIEF EXECUTIVE OFFICER
Vincent is the Chief Executive Officer and Managing Director of IronRidge Resources. Vincent is a mining engineer with over 25-years extensive experience across the civil, construction and mining industries in a variety of fields including gold and coal mining and quarrying. Vincent has diverse expertise in large scale infrastructure projects. He has been actively involved with project management, engineering, quality control and environment and safety management.
Vincent has held Directorships for various public companies over the past fourteen years. He has been primarily responsible for a number of new developments for IronRidge Resources including new partnerships and project expansions for the company. Vincent was instrumental in the raising of £9.7m for admission to AIM on 12 February 2015. He secured two cornerstone investors; Sumitomo Corporation and Assore Limited. He also resides on the board of ASX-listed resource genertion company; DGR Global Limited.
His efforts have received MBA Merit Awards for Excellence in Engineering, Construction, Environmental, and Public Private Partnerships. Vincent is a member of both the Australian Institute of Mining and Metallurgy and the Institute of Engineers of Australia.
Nicholas Mather graduated in 1979 from the University of Queensland with a B.Sc. (Hons, Geology). He has 25 years' experience in exploration and resource company management in a variety of countries. His career has taken him to numerous countries exploring for precious and base metals and fossil fuels. Nicholas Mather has focused his attention on the identification of and investment in large resource exploration projects. He was managing director of BeMaX Resources NL (an ASX-listed company) from 1997 until 2000 and instrumental in the discovery of the world class Ginkgo mineral sand deposit in the Murray Basin in 1998.
As an executive director of Arrow Energy NL (also ASX-listed) until his resignation in 2004, Nicholas Mather drove the acquisition and business development of Arrow's large Surat Basin Coal Bed Methane project in south-east Queensland. He was managing director of Auralia Resources NL, a junior gold explorer, before its USD23 million merger with Ross Mining NL in 1995. He was a non-executive director of Ballarat Goldfields NL until 2004, having assisted that company in its recapitalisation and requotation on the ASX in 2003. He was also founder and Chairman of TSX-V listed Waratah Coal Inc until its $130m takeover by Minerology Pty Ltd in December 2008.
Nicholas Mather is Chief Executive of ASX-listed DGR Global Limited and is on Boards of the following ASX-listed Companies:
- Armour Energy Ltd - Executive Chairman
- Dark Horse Resources Ltd - Chairman
- Aus Tin Mining Ltd - Executive Director
- Lakes Oil NL - Non-Executive Director
Mr Crow has more than 30 years experience in all aspects of corporate finance and investor relations in Australia and international markets, and has owned and operated his own businesses in these areas for the last twelve years. Mr Crow has a passion for assisting companies to gain and maintain recognition in the market.
He brings extensive working knowledge of capital markets to the Board. Mr Crow is also a Non-Executive Director of ASX listed TNG Limited.
Alistair obtained a BSC(Hons) Metallurgy degree from the University of Newcastle upon Tyne in 1981, and subsequently an MBA from the University of the Witwatersrand in 1991. After joining the JCI group in 1981 he operated in the production area of smelting in the platinum division before coming into the head office environment in 1988 to work on project evaluation in both the platinum and gold divisions. After completing his MBA, he then transferred to the chrome division, operating as the sales manager until the division was sold to Sudelektra (subsequently Xstrata and then Glencore). Alistair joined Ore & Metal in 2000 as the chrome sales manager. in August 2013 he was appointed Group Manager - New Business. His Area of expertise includes sales and marketing, General Business, Strategy and Business development.
Mr Tsubaki joins the Board as part of the Company’s strategic alliance with Sumitomo Corporation and brings to IronRidge a wealth of expertise in the strategic development, marketing, operational and corporate development of the Company’s Gabonese iron ore assets.
Mr Tsubaki is currently Head of Sumitomo’s Iron & Steel Making Raw Materials Department Tokyo.
Prior to this appointment Mr Tsubaki has held several key roles with Sumitomo Corporation including the Division Manager for Sumitomo South Africa.
Diversified Explorer & Developer
Emerging Frontier Provinces
Investor Presentation London – April 2019 here.
SP Angel Corporate Finance LLP
Prince Frederick House,
35-37 Maddox Street,
London W1S 2PP
Level 8, Waterfront Place
1 Eagle Street, Brisbane
Business Consulting Gabon
Ancien Sobraga, Face entrée Clinique union médicale
Rez-de-chaussée Immeuble de l'imprimerie
BP 20 211
Mining Services & Consulting
Cocody - Riviera Golf
Immeuble Bunker 2ème étage Appt 746
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Abidjan, Ivory Coast
2 City Place
Beehive Ring Road
West Sussex RH6 OPA
SP Angel Corporate Finance LLP
Prince Frederick House,
35-37 Maddox Street,
London W1S 2PP
Locke Lord LLP
London EC2M 3AB
Bristol BS99 7NH
Macquarie Bank Ltd
300 Queen Street, Brisbane
Vincent Mascolo - Chief Executive Officer
Len Kolff - Chief Geologist
Level 27, 111 Eagle Street, Brisbane, QLD Australia. 4000
+61 7 3303 0610