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Bellzone Mining Plc
Company Description
Bellzone is a Jersey registered holding company for a group of companies with large scale iron ore deposits and exploration assets in Guinea. The Company, which was founded in November 2007, aims to become a significant iron ore producer in Western Africa. The Company intends to develop a 50 mtpa iron ore production and export business in Guinea, West Africa. The Company has adopted a two staged approach to production, which is predicted to result in an initial ramp up to 20mtpa in 2014, increasing to 50mtpa in 2018. This approach is based upon staged increases in DSO and concentrate production. Since November 2007, the Company, through its Guinean subsidiary, Bellzone Guinea, has been developing and defining the resource potential of its Kalia prospect. In July 2009, Bellzone achieved a maiden inferred magnetite JORC resource of 2.4 billion tonnes along a 4.3 km section of a 19 km long magnetite strike known as the Kalia I Deposit. The Company intends to utilize the proceeds of the Placing to further develop its current internal estimates of the potential of its principal assets of more than 13 billion tonnes of magnetite and 2.9 billion tonnes of oxide ore at surface as well as to conduct the long-lead stages of a BFS of the Kalia Iron Project as well as environment and socioeconomic studies and bulk test work.
Executives
- Michael Farrow, Chairman
- Michael Farrow is a principal and director of Consortia Partnership Limited, a Jersey licensed trust company. He currently sits on the board of a number of listed companies. He has also been Group Company Secretary of Cater Allen Jersey, a banking, trustee and investment management group. He was appointed on 21 November 2007. Michael was formerly an Army Officer and holds an MSC in Corporate Governance and is a Fellow of the Chartered Institute of Secretaries & Administrators.
- Glenn Baldwin, Director and Chief Executive Officer
- Mr Baldwin is an experienced mining professional and has held a variety of Board level and leadership positions with Consolidated Minerals, Gold Field Ltd., Ivanhoe Nickel & Platinum Ltd., SouthernEra Diamonds Inc., Lonmin Investments Canada Inc. and Anglo American Plc. His roles have included finance, commercial and technical mining both in operations and project environments. Mr Baldwin has worked in Africa, Australia, Europe and Canada. He holds a BEng (Hons) in Mining, a Western Australian 1st Class Mine Managers Certificate and a South African Mine Manager’s Certificate of Competency.
- Terry Larkan, Director and Chief Financial Officer
- Terry has more than 25 years experience working in Africa, Australasia and the Americas, either employed by or consulting to organisations in the mining industry. Terry’s expertise lies in the areas of finance, accounting and related operational support business processes. Terry’s career has included roles as financial controller with a multi site mining company , Partner in ‘Big 4’ professional services firm and leadership positions in enterprise risk and assurance functions. Terry holds a BCompt., an MBA, is a Certified Internal Auditor, a CPA and a Fellow of the Chartered Institute of Secretaries & Administrators.
- Nikolajs Zuks, Director
- Mr Zuks is the founder of Bellzone. Mr Zuks has in excess of 25 years experience in mineral exploration and development in Australia, Africa, Malaysia and Indonesia. Mr Zuks was responsible for the development of the Mid West Iron and Steel Project in Western Australia, an integrated mining and processing project. He was appointed immediately after the Company’s incorporation on 21 November 2007. Mr Zuks previously established Linia Prava Central Asia, which was acquired by ASX listed Nimrodel Resources Limited (ASX: NMR). Mr Zuks was co founder of Murchison Metals Limited, Indo Mines Ltd and Simba Mines Inc. Mr Zuks was also instrumental in the development of the Mambramo forestry project in Irian Jaya, Indonesia.
- Antony Gardner-Hillman, Non Executive Director
- Tony is a full-time independent Non-Executive Director with a varied portfolio of appointments. He has extensive experience of the legal and financial market places gained through his former career in the law and in trust company business. He was a partner at Crills, Jersey for over 16 years, where he headed the Financial Services Business and Regulation team. In 1987 he co-founded Jersey Trust Company where he remained a Director until disposing of his shareholding and resigning as Non-Executive Group Chairman in 2008. He is a solicitor of the Supreme Court of England & Wales and holds a first class honours degree in Jurisprudence from Oxford University.