Xtract Resources Plc
XTR:LN
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Overview
Company Profile
Xtract Resources (XTR:AIM) is a resource, development and mining company whose focus is and will be to acquire brown field resource projects with a view to release value for its
shareholders. The projects targeted will be in regions where mining and infrastructure is prevalent and the mining regulations transparent.
The Company announced on the 22 September 2016 that, after a review of the Chepica mine owned by Minera Polar, no further investment was justified since past performance and future operational uncertainties did not warrant further investment.
The current focus is on the Manica mine in Mozambique.
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Corporate
Board of Directors
Colin Bird
Executive Chairman
Colin Bird is a chartered mining engineer with multi commodity mine management experience in Africa, Spain, Latin America and in the Middle East. He has been the prime mover in a number of public listings in the UK, Canada and South African and is currently Chief Executive Officer of Tiger Resource Finance PLC, AIM quoted Galileo Resources PLCA and Non-Executive Chairman of Jubilee Platinum PLC. He has been responsible for founding a number of PLC’s which have achieved mid-cap status and was the founder of Kiwara PLC which discovered the large copper project Kalumbila currently being developed by First Quantum Minerals Ltd. a US$ 11 billion quoted company. Colin was appointed Executive Chairman during August 2016.
Peter Moir
Non-executive Director
Peter’s qualifications include B.Sc. Civil Engineering and M.Eng. Petroleum Engineering. He is a Chartered Engineer in the UK and has more than 30 years experience in technical, operational and commercial aspects of the Exploration and Production business.
Joel Silberstein
Finance Director
Joel joined the Company as Chief Financial Officer in June 2013. Prior to this Joel held the position of Group Controller and Vice President Finance of Toronto Stock Exchange quoted European Goldfields Limited, where he supported the executive team in growing a mining concern from exploration through development phases until the Company was taken over by Eldorado Gold Corporation. He has Honours Bachelor of Accounting Science degree from the University Of South Africa and qualified as a chartered accountant with Mazars, Cape Town in 2002.