Caption:
Alt:
Link:
Target:
 

Rex Minerals Company Profile

Rex Minerals Ltd (Rex or the Company) is an Australian Securities Exchange listed minerals exploration and development company (ASX code: RXM).

Rex's Hillside Project is situated 12 kilometres south of the township of Ardrossan on the Yorke Peninsula, South Australia. Copper-gold mineralisation was first discovered at the Hillside Project by Rex in 2008 and the Company subsequently raised the funds required to drill out the deposit to a depth of approximately 600 metres. This drilling and associated technical work is the basis for the current Mineral Resource and Ore Reserve of the Hillside Project and Rex holds an approved Mining Lease for the Project.

The latest Mineral Resource was the starting point for the Hillside Extended Feasibility Study (EFS) and key aspects of the EFS include:

- a A$480M development, including an open pit mine and processing plant;

- an initial 13+ year mine life, based on the Ore Reserve (proved and probable) of 82M tonnes;

- an annual processing rate of six million tonnes to produce approximately 35,000 tonnes of copper and 24,000 ounces of gold.

 

Board and Management
Capital Structure
Corporate Directory
Corporate Governance

Board and Management


Dr David Carland – Independent Non-Executive Chairman
PhD (Econometrics); MEc; BEc (Hons); MAICD

Dr David Carland has been a Director since 12 December 2013 and was appointed Chairman of Rex Minerals on 1 January 2014. Dr Carland also serves as a member of the Company's Audit Committee and its Remuneration Committee.

Dr Carland has over 30 years of investment banking and commercial experience in both the private sector and government. He is the Executive Director of Australian Resources Development Limted, a company focused on the provision of specialised advice and assistance on the structuring, financing and developing of energy and resource projects.

Dr Carland was the co-founder and part-owner of BurnVoir Corporate Finance Limited (BurnVoir), an independent specialist investment banking firm focusing on the energy, resource and infrastructure sectors. Prior to establishing BurnVoir, Dr Carland was executive vice president and head of energy and power at Bankers Trust, and before that he was deputy managing director and head of corporate finance at UBS Australia. He was previously a non-exectuve director of Indophil Resources NL. Dr Carland has also held senior executive roles with the CRA Group (now Rio Tinto), including management of the commercial arrangements for the purchase of the Gladstone Power Station. His roles have seen him based in the US and London.

 

Mr Richard Laufmann – Chief Executive Officer and Managing Director
B.Eng (Mining), MAusIMM, MAICD

Mr Richard Laufmann is a founding Director of Rex Minerals and was formerly a Non-Executive Director (since 2007). He was appointed Chief Executive Officer and Managing Director of the Company on 23 April 2015.

Mr Laufmann is a mining engineer with broad experience in the resources sector, both corporate and operational.

Mr Laufmann’s most recent engagement was for seven years as CEO of Indophil Resources (until January 2015, an ASX listed company with a large copper-gold Joint Venture in the Philippines) and prior to that, five years as Chief Executive Officer of Ballarat Goldfields NL.  Mr Laufmann also previously led WMC Resources Limited’s gold business as general manager – Operations.

 

Mr Alister Maitland – Independent Non-Executive Director

B.Com, FAICD, FAIM, SF Fin

Mr Alister Maitland was appointed a Director of Rex Minerals on 16 September 2011. He is Chairman of the Audit Committee and a member of the Remuneration Committee.

Mr Maitland is a former executive director of ANZ Banking Group with a background in international finance.  His banking experience extended beyond Australasia to cover Asia, the Sub Continent, the Middle East, Europe and America. His professional experience has included global business expansion, internal and external consulting, treasury projects and international political agendas. As Chief Executive of ANZ Bank for New Zealand, he was responsible to the local board for the country's operations.

He has been a non-executive director of a number of publicly-listed ASX companies and Government bodies covering a wide range of activities including property services, mining, banking, asset management and health. He is a former chairman of Ballarat Goldfields NL, director of Lihir Gold Ltd and director of Malayan Banking Berhad (Maybank).

 

Mr Mitchell Hooke AM – Independent Non-Executive Director

B.Rur.Sc., UNE, MAIA, MAICD

Mr Mitchell H Hooke was appointed a Director of Rex Minerals on 4 August 2015. He is Chairman of the Remuneration Committee and a member of the Audit Committee.

Mr Hooke is globally-recognised for his in-depth knowledge and strategic leadership in Australian and global public policy advocacy as well as delivering on practical operational issues in the development of economic, social and environmental policy and practice across the minerals, agriculture, and food and grocery industries in Australia and internationally.

Mr Hooke was the chief executive officer of the Minerals Council of Australia from mid-2002 until the end of 2013. He is the Chairman of Partners in Performance International, and with a long and strong rural background, he is an Independent Director of Grain Producers Australia Limited, the national not-for-profit body representing Australia’s broadacre grain, pulse and oilseed producers. He is also a Non-Executive Director of coal-based technology company GTL Energy Ltd, and was formerly a non-executive director of Elgin National Industries – a then private equity minerals resources engineering and construction management and mining equipment company based in the USA. In September 2016, Mr Hooke was appointed a member of the Advisory Board of Micromine Ltd, and in June 2017, he was appointed a Director of The Menzies Research Centre Ltd.

Mr Hooke was awarded an Order of Australia (AM) in the 2016 Australia Day Honours. The citation recognises Mr Hooke for significant services to business, particularly to the mining and minerals sector, to policy development, research and trade, and to the indigenous community.

 

Ms Kay Donehue – Company Secretary

GradDipACG; GIA(Cert); AGIA; ICSA; AAICD; Chartered Secretary

Ms Donehue has over 25 years’ experience in the mining and banking industries, and most recently has focused extensively on company secretarial and governance roles in the mining sector. Ms Donehue is also Company Secretary of Indophil Resources NL which was delisted from the ASX in 2015 following completion of a Scheme of Arrangement with its major shareholder.

Ms Donehue is an Associate of the Governance Institute of Australia and holds a Graduate Diploma in Applied Corporate Governance.

 

Mr Greg Hall – Project Director
BEng, M AusIMM, MAICD

Mr Greg Hall is a Mining Engineer with over 30 years' experience in the resources and marketing sector.  Until recently, Mr Hall was CEO of copper-gold producer Hillgrove Resources, where he oversaw significant productivity improvements and cost reductions at the Kanmantoo Mine and the restart of brownfields exploration targeted to expand the mine’s resource base.  His previous experience in South Australia includes 11 years on the Olympic Dam project from conceptual studies in the early 1980’s through to operations as Manager Mining.

Mr Hall has a wealth of experience from a career that includes operations, technical and marketing roles in copper, uranium, nickel, bauxite and alumina, gold and iron ore for WMC and Rio Tinto. In 2006, he set up the uranium company Toro Energy as its inaugural Managing Director. Toro Energy’s activity and growth saw it achieve approval for WA’s first uranium mine at Wiluna.

Mr Hall is a Non-Executive Director with uranium explorer Alligator Energy, and a Director of the unlisted public uranium company, Torch Energy.

 

Ms Amber Rivamonte – Chief Financial Officer
CPA, B.Bus (Acc)

Ms Amber Rivamonte has over 20 years’ experience in the resources industry covering the fields of commercial, strategic and risk management, corporate governance and financial management experience. Ms Rivamonte has a background in accounting and is a certified practicing accountant (CPA) in Australia. She has previously held the roles of CFO and company secretary at Rex Minerals and Ballarat Goldfields.
Ms Rivamonte also previously held the role of company secretary at Indophil Resources and White Rock Minerals.

Ms Rivamonte’s experience includes the structure, set up and listing of Rex Minerals and White Rock Minerals, including raising capital from seed through to public raisings of up to $A82 million.

Ms Rivamonte’s experience covers all aspects of managing resources companies, from project acquisition, mergers, demergers, takeovers, schemes and various forms of fund raisings.

 

Capital Structure

Finance

Refer to Investor Relations page to access copies of the Company's financial reports

 

 

Shares on Issue: 220,519,784
Options (Unquoted): 16,800,000

Major Shareholders:
Refer to the Company's latest Annual Report for Shareholder details
 

 

Corporate Directory

Directors
David Carland (Non-Executive Chairman)
Richard Laufmann (Chief Executive Officer and Managing Director)
Alister Maitland (Non-Executive Director)
Mitch Hooke AM (Non-Executive Director)

 

 

Company Secretary
Kay Donehue

Registered Office
Level 19, 11 Waymouth Street, Adelaide, South Australia 5000

Contact Details
Rex Minerals Ltd
PO Box 3435, Rundle Mall, SA 5000
Email: rex@rexminerals.com.au
Website: www.rexminerals.com.au
Tel: +61 (0)8 8299 7100    Fax +61 (0)8 8299 7199

Share Registry
Computershare Investor Services Pty Limited
Yarra Falls, 452 Johnston Street, Abbotsford, Victoria 3067

Tel: +61 (0)3 9415 4000 (investors);  1300 850 505 (investors within Australia)

Stock Exchange Code
ASX code: RXM

Solicitors to the Company
Baker & McKenzie
181 William Street, Melbourne, Victoria 3000

Auditors
KPMG
151 Pirie Street, Adelaide, South Australia 5000

Bankers
ANZ Banking Group Ltd

 

Corporate Governance

Rex has adopted comprehensive systems of control and accountability as the basis for the administration and compliance of effective and practical corporate governance. These systems are reviewed regularly and revised if appropriate.

The Board is committed to administering the Company's policies and procedures with transparency and integrity, pursuing the genuine spirit of good corporate governance practice. To the extent they are applicable, Rex has adopted the ASX Corporate Governance Council's Corporate Governance Principles and Recommendations, 3rd Edition. As the Company's activities transform in size, nature and scope, additional corporate governance structures will be considered by the Board and assessed as to their relevance.

This Corporate Governance Statement is dated 30 June 2017 and was approved by the Board on 14 September 2017.

The Company's key corporate governance documents (including this Statement) are listed below:

- Corporate Governance Statement and Appendix 4G

- Code of Conduct (includes Diversity Policy)

- Board Charter

- Audit Committee Charter

- Remuneration Committee Charter

- Continuous Disclosure Policy

- Share Trading Policy

 

Updates

The Board and Management review the Company's Charters and Policies on a regular basis.  Revised documents are uploaded to the Rex website once approved by the Board.

 

 

Contact us

Phone 08 8299 7100

or fill out the form below

Contact us by phone or fill out the form below

08 8299 7100

© 2017 Rex Minerals Ltd. Level 19, 11 Waymouth Street, Adelaide, South Australia 5000 | Privacy | Disclaimer | site byWeb design by Jaba - Adelaide