Board & Management Team

The members of the Mayur Board and Senior Management Team possess extensive experience and skill sets with a full ‘cradle to grave’ development track record across iron ore, mineral sands, copper, gold, coal, power generation and iron/steelmaking. The teams blend of experience and technical skills capable of execution and delivery of complex and challenging opportunities. We have worked extensively across all key market jurisdictions in Asia and throughout the rest of the world.

Board of Directors

Rob Neale
Chairman and Non-Executive Director

Mr Neale has extensive experience as a director and executive, including being the former MD and CEO of New Hope Corporation (NHC), Chairman and Non-Executive Director of WestSide Corporation Limited, Director of Northern Energy Corporation Limited, Independent Non-Executive Director of Planet Gas Limited, Non- Executive Director of Bridgeport Energy Limited, and Director of Arkdale Pty Ltd. Rob is also a Former President of the Queensland Resources Council and a past Chairman of the Australian Coal Association Research Program. Rob has over 45 years of operations and development experience in the resources sector and is currently an Independent Director and Chairman of the Port of Newcastle Ltd.

Tim Crossley
Executive Director

Mr Crossley has extensive experience as a director and mining executive, having operated some of Australia’s largest mining businesses including roles as Deputy CEO of ASX-listed Gloucester Coal, and President and Chief Operating Officer (COO) at BHP Billiton’s West Australian Iron Ore business. Tim also held the position of Executive General Manager of carbon steel materials for Gina Rinehart’s Hancock Prospecting Pty Ltd’s Roy Hill project. Tim has also held senior roles in BHP’s manganese business and metallurgical coal business and was a Director in ASX-listed VDM Group. Tim is also a former President of the Northern Territory Minerals Council and Executive Chairman of Trans-Tasman Resources.

Paul Mulder
Managing Director

Mr Mulder has 23 years of successful executive management experience across operations, project development and commercial. Paul has been the Managing Director of Mayur Resources since March 2014. Prior to this, Paul spent six years working for Gina Rinehart’s Hancock Prospecting Pty Ltd and its coal and infrastructure development projects. Paul was Project Director and Managing Director in leading a $15bn mine port and rail development in Queensland, Australia. Prior to this Paul worked for BHP Billiton for 13 years in steel, coal and iron ore divisions in various senior management capacities. Paul is a Materials Engineer with an MBA, and is a former Director of the Queensland Resources Council.

Paul McTaggart
Independent Director

Mr McTaggart has over 35 years’ experience in the metals and mining sector, principally in corporate finance, advisory and equity research. Former roles include Managing Director, Head of Global Metals and Commodities and Co-Head of Research with Credit Suisse, Managing Director roles with both HSBC and Morgan Stanley, Director, Head of Natural Resources with Ord Minnett, Senior Manager Corporate Advisory with Rothschild Australia and Manager, Corporate Advisory with Deloitte. Paul holds masters’ degrees in business administration and applied finance and was ranked top Australian metals analyst for stock calls through Thomson Reuters Analyst Awards in 2016.

Frank Terranova
Independent Director

Mr Terranova is a Chartered Accountant with extensive experience as a director and executive for a wide range of Australian and international publicly listed companies, including Normandy Mining and Queensland Cotton Limited. He later became Chief Financial Officer and ultimately Managing Director of Allied Gold PLC, which was subsequently acquired by St Barbara Limited in 2012. He was Managing Director of Polymetals Mining Limited and led its transformation through a merger with Southern Cross Goldfields Limited in 2013 and oversaw the combined group’s recapitalisation program. He is currently an Executive Director of AUSAg Resources Limited.

Management Team

Praveen Mahto
Executive Director – Power Generation

Mr Mahto is a Mechanical Engineer and power expert with over 30 years of project development experience in the industry. He is the Founder and Director of PowerGen Developers Pty Ltd. Former roles include Head of Development for Babcock and Brown NP JV, Head of Development at ERM Power, Senior Executive and Country Head for Kaltimex Energy, Indonesia, and lead energy-supply projects (all integrated steel mills) for Steel Authority of India Ltd (SAIL), India. Mr Mahto also holds an MBA.

Tom Charlton
Head of Exploration

Mr Charlton is a geologist with over 25 years of mineral exploration experience. He has worked in PNG since 1997, working at the Department of Mines for 4 years on a World Bank project compiling PNG’s geological database. Mr Charlton has worked for various private and publicly listed exploration companies. Mr Charlton has worked with the Company since its inception in 2011.

Darren Lockyer
Head of Business Affairs

Mr Lockyer is a high-profile retired sports star and former Australian Rugby League captain, PNG’s most popular sport. He has experience working with communities, businesses and government in various capacities and enjoys an extremely large following in PNG following his achievements as a player and respected leader.

Jonathan Rees
General Manager

Mr Rees is a Chartered Surveyor with over 16 years of broad commercial, project/programme and business management experience. This has been gained via senior advisory, study management and operational roles across a variety of industries (natural resources, energy, infrastructure, construction, and commercial real estate) working in various international locations (the UK, China, Asia-Pacific and Australia). Mr Rees has worked with the Company since its inception in 2011.

Shawn Thompson
Project Director

Mr Thompson brings a diversity of project experience that uniquely fits with the Company’s mix of projects and commodities. He has more than 30 years’ experience in designing and delivering, from the ground up, power plant/energy, iron and steel, metals, mineral sands and infrastructure projects in South Africa, Saudi Arabia and New Zealand. He previously held senior roles with Transfield Worley, Beca Carter and Saudi Iron & Steel. Mr Thompson is a Fellow of the Institute of Mechanical Engineers (IMechE), a member of the Institute of Engineering Designers (UK) and American Society of Mechanical Engineers (ASME) and is registered as a professional engineer with the UK Engineering Council.

Peter Hinner
Consultant – Mineral Sands

Mr Hinner is a mining and mineral processing technical expert with over 30 years experience in the iron sands and titanium minerals industry. He has completed scoping and feasibility studies for various iron/mineral sands projects across the world including Asia, Africa and South America.