Mr. Ian Middlemas
Mr. Middlemas is a Chartered Accountant, a member of the Financial Services Institute of Australasia and holds a Bachelor of Commerce degree. He worked for a large international Chartered Accounting firm before joining the Normandy Mining Group where he was a senior group executive for approximately 10 years. He has had extensive corporate and management experience, and is currently a director with a number of publicly listed companies in the resources sector. Mr. Middlemas was appointed Director of the Company on 16 October 2013.
Mr. Todd Hannigan
Managing Director and Chief Executive Officer
Mr. Hannigan was the Chief Executive Officer of Aston Resources from 2010 to 2011. During this time, the company significantly progressed the Maules Creek project, including upgrades to the project's resources and reserves, completion of all technical and design work for the Definitive Feasibility Study, negotiation of two major project stake sales and joint venture agreements, securement of port and rail access and progression of planning approvals to final stages. Mr. Hannigan has worked internationally in the mining and resources sector for over 18 years with Aston Resources, Xstrata Coal, Hanson PLC, BHP Billiton and MIM. Mr Hannigan was appointed as a Director of the Company on 21 May 2014.
Mr. David Gay
Executive Director and President
Mr. Gay is a Professional Mining Engineer with an MBA and has over 35 years of experience in developing coal projects in the USA. Mr. Gay's experience covers the entire coal development chain including leasing, permitting, exploration, construction, commissioning, production, mergers & acquisitions and financing activities (including project finance, high yield bonds, bank debt, structured finance and equity). Most recently he was Vice President, Mergers and Acquisitions and Business Development at Alpha Natural Resources, one of the USA's largest coal producers. During his time, Alpha completed over US$10 billion worth of mergers and acquisitions and transitioned into one of the largest coal companies in the US and the third largest coking coal exporter globally. Prior to that, Mr. Gay led several large regional coal companies and was Business Unit President at Pittston Coal Group (20 years' experience) which at the time was the largest coking coal exporter worldwide. Mr Gay was appointed as a Director of the Company on 23 June 2015.
Mr. Thomas (Tom) Todd
Mr. Todd was the Chief Financial Officer of Aston Resources from 2009 to November 2011. Prior to Aston Resources, Mr. Todd was Chief Financial Officer of Custom Mining, where his experience included project acquisition and funding of project development for the Middlemount project to the sale of the company to Macarthur Coal. A graduate of Imperial College, Mr. Todd holds a Bachelor of Physics with first class Honours. He is a member of The Institute of Chartered Accountants in England and Wales and a graduate of the Australian Institute of Company Directors. Mr. Todd was appointed as a Director of the Company on 7 November 2016.
Mr. Anastasios (Taso) Arima
Mr. Arima was a founder and former Executive Director of Coalspur Mines Limited ("Coalspur"), having been instrumental in the identification and acquisition of Coalpsur's coal projects, as well as the corporate strategy and marketing of the company. At the time of his resignation from the Board, Coalspur's fully diluted market capitalisation was approximately A$1.2 billion. Mr. Arima has previously worked in the hydrocarbon division at WorleyParsons Limited, and was also an analyst for an investment banking firm, where he specialised in the technical and financial requirements of bulk commodity and other resource projects. Mr. Arima was appointed as a Director of the Company on 16 October 2013.
Mr. Jonathan (Jon) Hjelte
Mr. Hjelte is a highly respected New York-based fund manager and has extensive experience in investment and portfolio management specializing in the mining, utilities, and energy sectors at some of the most notable investment funds in New York. Until recently, Mr. Hjelte was with Millennium Management LLC, a global investment management firm with approximately US$30 billion in assets under management. Mr. Hjelte was responsible for a team of analysts helping manage an equity portfolio focused on a diverse mix of sectors including power and mining. Mr. Hjelte is currently on leave prior to commencing a new Portfolio Manager role in New York at one of the largest, most successful alternative investment management firms. Prior to Millennium Management LLC, Mr. Hjelte was an analyst at CR Intrinsic Investors, a division of SAC Capital Advisors focused on deep fundamental research. Mr. Hjelte began his career at Lehman Brothers as an investment banker. Mr. Hjelte graduated Summa Cum Laude from Lehigh University where he received an M.S. in Statistics and a B.S. in the Integrated Business and Engineering honors program. He also holds the Chartered Financial Analyst (CFA) designation. Mr. Hjelte was appointed as a Director of the Company on 11 January 2016.
Mr. Richard (Rick) McCormick
Mr. McCormick has spent the last 20 years of his career specializing in large-scale coal preparation plants and materials handling systems in the U.S., including the Illinois Basin. He has over 30 years' of experience in coal preparation and coal preparation equipment, including operations, process and material handling design, construction, and process equipment design and application. Mr. McCormick was previously Chief Executive Officer of DRA Taggart (the US operating arm of DRA Global) a large and highly respected coal mining services firm with significant experience in the Illinois Basin having conducted operational and construction activities of many coal handling and preparation plants, including those owned by Alliance Resource Partners, LP. Mr. McCormick is also a consultant to Concentrate Capital Partners, the fund management and investment arm of DRA Global. Prior to this, Mr. McCormick served as Chief Executive Officer and President of Taggart Global for over 10 years up until DRA Global's acquisition of Taggart Global in 2014. Prior to joining Taggart Global, he served as Vice President of Conn-Weld Industries, Inc. Mr. McCormick is a registered Professional Engineer and has Bachelors of Science degree in Mechanical Engineering from West Virginia University. Mr. McCormick was appointed as a Director of the Company on 11 August 2016.