The primary goal of the Directors and senior management of Chaarat Gold Holdings is to enhance shareholder value by becoming a leading mid-tier gold producer focused in Central Asia and the Former Soviet Union through a mixture of organic growth and selective acquisitions.
Chief Executive Officer
Appointment: 26 March 2018
Artem has more than 20 years’ experience in mergers and acquisitions, capital markets, and senior corporate management roles. From 2003 to 2013 he worked on the key transactions in the Russian aluminium and energy industries.
Brings to the Board
His M&A, capital markets and executive experience in the mining sector, combined with his global industry and investor connections in Russia and Asia, will be invaluable to progress the Chaarat Project and achieve further growth based on acquisitions in Central Asia and the FSU.
Artem founded ACG Amur Capital Group Ltd which is an advisory and investment management firm in 2014. He is also a director of Norilsk Nickel, the world’s largest producer of palladium and one of the largest producers of nickel, platinum and copper.
Chief Financial Officer
Appointment: August 2018
Christopher has extensive financial, M&A and commercial expertise in the Metals and Mining sector, gained over a 20-year career in investment banking, metals trading and private equity. He was previously the Chief Financial Officer of Nyrstar NV, where he played a major role in developing and implementing the Company’s transformation strategy in addition to strengthening the balance sheet. Prior to that, he was M&A Director at Trafigura AG and a member of the investment banking group of Bank of America Merrill Lynch, where he worked with metals and mining companies on debt and equity financing and M&A. He also worked as a Director in the Global Metals and Mining Group at BMO Capital Markets.
Robert D Benbow
Chief Operating Officer
Appointment: 3 July 2018
Bob’s primary responsibility is to develop and build the Tulkubash Project and oversee mining operations once in production. During his 40 year career Bob has worked with junior exploration companies to bring them into production and transform them into operating companies. He has taken three green field gold developments into production and from 2007 he served as the Vice President and Country Manager of Alacer Gold Corp.’s Çöpler Gold Mine in Eastern Turkey which has produced over 1 million ounces as one of the lowest cost producers in the world.
Bob built a team of expatriates and Turkish nationals to execute the successful start-up of Çöpler, which was initially developed as an open pit heap leach operation. The Çöpler mine is now moving into development of the refractory ore contained within the deposit. The two similar stages in Chaarat’s development will benefit directly from Bob’s relevant experience.
Dorian L. (Dusty) Nicol
Technical Director and Head of Exploration
Appointment: 13 November 2017
Dorian (known as Dusty) has 40 years’ experience at every stage of the mining process – from exploration to construction and development and management of mines and has built multi-disciplinary teams in a variety of cultures. He works closely with the management team to realise the potential of the Board’s plans for the Chaarat Deposit, both in terms of the construction programme for the heap leach operation as well as further exploration of the Tulkubash oxides. His experience with refractory ore will be invaluable to Chaarat when the oxide resource is in production and the Company seeks to expand further and develop the very substantial Kyzyltash refractory ore resource.
Brings to the Board
With a hands-on approach to support the exploration and construction of the Tulkubash Project and subsequent development of the Chaarat deposit, Dusty is Chairman of Chaarat’s Technical Committee and is also responsible for the technical evaluation of M&A targets.
Dusty is President and CEO of Azarga Metals Corp., a mineral exploration and development company, that owns 100% of the Unkur Copper-Silver Project in the Zabaikalsky province in eastern Russia.
Head of Strategy & Business Development
Dmitry was previously Managing Partner at ACG Amur Capital Group, an asset management and investment advisory firm specialising in Eurasian energy, metals and mining markets. For a decade prior to co-founding ACG, Dmitry served as a senior M&A and Strategy Executive at some of Russia’s largest natural resource and industrial conglomerates including UC RUSAL and En+ Group, with direct involvement in a number of high-profile public and private market transactions. Earlier in his career, he worked in equity research and investment banking at Merrill Lynch, BNP Paribas and HSBC in London, covering Russia and the broader EMEA region. Dmitry will take charge of Chaarat’s M&A pipeline execution.
Appointment: February 2018
Peter’s 30 year career in open pit engineering, mine management and project development includes leadership roles in the construction and operation of the Kumtor and Boroo gold mines in the Kyrgyz Republic and Mongolia, bringing direct experience of operating in Central Asia.
He was also involved with the fast-track development of the Karma heap leach project in Burkina Faso, which was successfully developed by TrueGold Mining Inc. prior to its acquisition by Endeavour Mining in 2016.
Davron has more than 10 years of extensive international contracting and projects management experience. He held various project management positions in Alacer Gold Corp’s Çöpler Gold Mine where he was a part of original mine construction and then was responsible for all plant and heap leach pad expansion projects. Prior to joining Chaarat, Davron was an area manager responsible for infrastructure at Lydian International’s Amulsar Gold Project in Armenia.
Government relations, Bishkek Office
Alexander is based in Bishkek and is responsible for all Chaarat’s activities in the Kyrgyz Republic, in particular licencing and community relations. He has assisted companies investing in the Kyrgyz Republic in various aspects of finance, administration and representation with the authorities since 2000. He has more than 25 years of experience in all aspects of business management in Central Asia including negotiations with governmental institutions, contractors, preparation of development plans, monitoring of operations and public relations.