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Objectives
and Strategy 
The primary objective of Adelaide
Resources is to become a profitable mining and exploration company. Achievement of this
objective will create wealth for shareholders through capital growth, and dividends when
its operations are suitably profitable. The strategy for achieving this objective is:
• to discover and develop economically significant
mineral deposits
• to attract and motivate a capable management
and technical team
• to maintain a commitment to innovation, responsibility
and pursuit of excellence
• continually match risk and financial resources |
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| Directors |
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Chris Drown BSc (Hons), MAusIMM
(Managing Director)
Chris Drown is a geologist with some 20 years experience in the minerals industry. He joined the Adelaide Resources team as exploration manager in March 1997.
He was previously with Aberfoyle Resources Limited as senior exploration geologist (Eyre Peninsula, South Australia) from 1991 to 1994 and senior exploration geologist (Tanami Gold Province, Northern Territory) from 1994 to 1997.
In July 1987 he joined Aberfoyle as mine geologist and later, senior mine geologist at its Hellyer lead-zinc-silver mine in Tasmania until 1991.
Previously Mr Drown was an exploration and mine geologist at Western Mining Corporation Limited’s gold and nickel operations at Kambalda in Western Australia. |
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Paul
Dowd BSc (Eng)
(Chairman)
Paul Dowd, a mining engineer, has a
professional career spanning more than 40 years. Until recently he was Vice President of
Newmont Australian Operations and Managing Director of Newmont Australia Limited, the
Australian subsidiary of the world's second largest gold producer.
From 1999, he held the position of Group Executive - Operations for Normandy Mining
Limited with responsibility for the group's global managed mining interests, including
eight Australian operations and four spread over Africa, Europe and Asia. When Newmont
acquired Normandy, Paul transferred to the Newmont's Denver Corporate Office, as VP
Operational Development and Safety, a position he filled until his repatriation to
Australia.
Prior to joining Normandy, Mr Dowd was General Manager, Aurora Gold where he was
responsible for Aurora Group operations and development, primarily in Indonesia and later
also in Papua New Guinea. Previously he was head of the Victorian Mines and Petroleum
departments during the Kennett State Government.
Mr Dowd serves on several mining industry bodies and advisory councils and is a director
of Regis Resources NL and Buka Gold Ltd. |
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John
Horan FCPA, FCIS
(Director)
John Horan was appointed a director in 1994. He is a Fellow of CPA Australia, a Fellow of the Chartered Institute of Secretaries in Australia, a member of the Finance and Treasury Association Limited and a member of the Australian Mining and Petroleum Law Association.
He has many years’ experience in financial, corporate, technical and management areas of the mining industry and has been a director of a number of listed public companies in Australia.
Mr Horan is the chairman of Michelago Limited and Marengo Mining Limited and chairman of a number of unlisted public companies. |
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Keith
Yates BSc (Hons), FAusIMM
(Director)
Keith Yates was appointed a director in 1994. He is a geologist with many
years’ experience principally in mineral exploration and mine development for a range
of metals in Australia, the Pacific and South East Asia.
During the 1980s he held senior positions and directorships with the Poseidon group of
companies where he was closely associated with the discovery and development of several
new gold mines.
Mr Yates is a past chairman of the Adelaide Branch of the Australasian Institute of Mining
and Metallurgy and is currently chairman of the South Australian Resources Industry
Development Board. |
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John den Dryver BE (Mining), MSc,
FAusIMM
(Director)
John den Dryver is a mining engineer
with some 30 years experience in operational and corporate management as well as extensive
experience in mining project studies and implementation.
In 1982, Mr den Dryver joined the junior explorer North Flinders Mines Limited as the
company’s mining engineer to become part of the small team that discovered the
Granites gold mine in the Tanami Desert in the Northern Territory. He was executive
director of North Flinders from 1988 to 1997.
In 1997, after Normandy Mining Limited gained control of North Flinders, Mr den Dryver
joined Normandy as executive general manager - technical, leading a team of specialist
geologists, mining engineers and metallurgists.
In 2003 he set up his own mining consultancy business and is currently a non-executive
director of NuStar Mining Corporation Limited and Helix Resources Limited. |
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Investor Information
This Web Site has been designed and
compiled by Adelaide Resources with the objective of ensuring that shareholders and
potential shareholders are informed on Company strategy and performance sufficient
to make or retain an investment in the business.
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Share Price - Trading History
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Share price from
ASX.
Retrieving any price indicates your acceptance of the ASX
conditions. |
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Last 5 days share
price trading history. |
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Adelaide Resources Limited
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