Dave Evans
Regular
Michael Carrotdick’s CV
Thaz Posted
Mr. Carrick’s employment history doesn't seem to be all that great. the companies he has touched all seem to have been left up shit creek it seems.
Full Name: Mr. Michael Joseph Carrick
CA ID: 001215013
Date Joined CA: 1981-12-31
Designation: CA in South Africa and Australia.
Employment/Director History
RTG Mining Inc.
Term as director: 28/3/2012.
Key highlights:
https://www.theguardian.com/world/2...company-of-lying-to-australian-stock-exchange
Japan Gold:
Independent director
CGA Mining
Director/CEO: Merged with B2Gold in 2013. Resigned as a director in B2Gold in 2014. Share price eroded - but then eventually went back up.
First quarter production at the recently acquired Masbate Mine in the Philippines was 43,554 ounces of gold compared to the CGA Mining budgeted number of 48,321 ounces of gold. B2Gold's forecast gold production for the Masbate Mine was estimated at 43,894 ounces for the first quarter and between 175,000 and 185,000 ounces for the year as compared to CGA Mining guidance of 200,000 ounces. 2013 production will be impacted by a change out of the old SAG mill with a new SAG mill to be delivered in late August or September. B2Gold and Masbate engineers and geologists are working towards an updated geological model and mine plan which will incorporate drilling from the 2012 exploration program. B2Gold's technical team believes the new reserve and mine plan will be completed by mid-2013. The updated mine plan will be used to provide B2Gold guidance for 2013 production and cash cost numbers. The Company's technical team will also be reviewing potential expansion plans for Masbate based on the updated geological model. Guidance for the potential expansion of the Masbate mill is targeted for completion by early 2014.
Resolute
CEO
https://www.miningnews.net/leadership/news/1191352/carrick-calls-quits
AGR Ltd
Director
www.afr.com
Mr Carrick, in his new role as executive chairman of Perth-based AGR Ltd, confirmed yesterday the company had secured $US20 million ($38 million) in equity backing from the world's biggest uranium miner, Canada's Cameco Corp, to finance development of a gold mine at the Boroo project in Mongolia.
The finalisation of the Cameco deal, under which the Toronto- and New York-listed mining giant will emerge with a 52 per cent stake in AGR, coincided with the completition of a syndication process for a $US33 million project financing facility with Macquarie Bank.
The deal is a coup for AGR after Resolute walked away from a scrip merger proposal last year. Mr Carrick has been working on the Boroo financing deal since his departure from Resolute in February last year.
His departure followed a sharp erosion in the value of Resolute shares which gave control of the company to Sydney investor Duncan Saville via a significant holding of converting preference shares. Mr Carrick's successor at Resolute, Peter Sullivan, said in a statement that Resolute had advanced $3.2 million to AGR in the past two years in loans and the provision of technical services an amount he expected would be repaid within 30 days from the proceeds of the Cameco share placement.
St Augustine Gold and Copper Ltd
Director
Arthur Andersen
Senior International Partner
Dave Evans Posted
At AVZ’s 2023 AGM, Michael Carrick indicated to shareholders that the DRC Minister of Portfolio (Adele Kayinda Mahina) would not negotiate with Nigel Ferguson and the current BOD.
Prior to this he indicated that he and the Fat Tail nominees had a good relationship with the DRC Portfolio Minister and could negotiate a deal with her.
Prior to all this, Jules Alingette (The DRC Inspector General of Finance) released the IGF Report detailing how Adele Kayinda had committed violations including….
Abusive fixing of the sale of shares by Cominiere to Zijin (to the detriment of the public treasury, and encroachment of other prerogatives of the Government) resulting in a loss of revenue of
USD 120,760,000
Thaz Posted
Mr. Carrick’s employment history doesn't seem to be all that great. the companies he has touched all seem to have been left up shit creek it seems.
Full Name: Mr. Michael Joseph Carrick
CA ID: 001215013
Date Joined CA: 1981-12-31
Designation: CA in South Africa and Australia.
Employment/Director History
RTG Mining Inc.
Term as director: 28/3/2012.
Key highlights:
https://www.theguardian.com/world/2...company-of-lying-to-australian-stock-exchange
Japan Gold:
Independent director
CGA Mining
Director/CEO: Merged with B2Gold in 2013. Resigned as a director in B2Gold in 2014. Share price eroded - but then eventually went back up.
First quarter production at the recently acquired Masbate Mine in the Philippines was 43,554 ounces of gold compared to the CGA Mining budgeted number of 48,321 ounces of gold. B2Gold's forecast gold production for the Masbate Mine was estimated at 43,894 ounces for the first quarter and between 175,000 and 185,000 ounces for the year as compared to CGA Mining guidance of 200,000 ounces. 2013 production will be impacted by a change out of the old SAG mill with a new SAG mill to be delivered in late August or September. B2Gold and Masbate engineers and geologists are working towards an updated geological model and mine plan which will incorporate drilling from the 2012 exploration program. B2Gold's technical team believes the new reserve and mine plan will be completed by mid-2013. The updated mine plan will be used to provide B2Gold guidance for 2013 production and cash cost numbers. The Company's technical team will also be reviewing potential expansion plans for Masbate based on the updated geological model. Guidance for the potential expansion of the Masbate mill is targeted for completion by early 2014.
Resolute
CEO
https://www.miningnews.net/leadership/news/1191352/carrick-calls-quits
AGR Ltd
Director
AGR heads for Mongolian gold
A year after his inglorious exit as chief executive of Perth-based gold miner Resolute Ltd, Michael Carrick has bedded down a $120 million project financing deal to develop Mongolia's first major gold mine.www.afr.com
Mr Carrick, in his new role as executive chairman of Perth-based AGR Ltd, confirmed yesterday the company had secured $US20 million ($38 million) in equity backing from the world's biggest uranium miner, Canada's Cameco Corp, to finance development of a gold mine at the Boroo project in Mongolia.
The finalisation of the Cameco deal, under which the Toronto- and New York-listed mining giant will emerge with a 52 per cent stake in AGR, coincided with the completition of a syndication process for a $US33 million project financing facility with Macquarie Bank.
The deal is a coup for AGR after Resolute walked away from a scrip merger proposal last year. Mr Carrick has been working on the Boroo financing deal since his departure from Resolute in February last year.
His departure followed a sharp erosion in the value of Resolute shares which gave control of the company to Sydney investor Duncan Saville via a significant holding of converting preference shares. Mr Carrick's successor at Resolute, Peter Sullivan, said in a statement that Resolute had advanced $3.2 million to AGR in the past two years in loans and the provision of technical services an amount he expected would be repaid within 30 days from the proceeds of the Cameco share placement.
St Augustine Gold and Copper Ltd
Director
Arthur Andersen
Senior International Partner
Dave Evans Posted
At AVZ’s 2023 AGM, Michael Carrick indicated to shareholders that the DRC Minister of Portfolio (Adele Kayinda Mahina) would not negotiate with Nigel Ferguson and the current BOD.
Prior to this he indicated that he and the Fat Tail nominees had a good relationship with the DRC Portfolio Minister and could negotiate a deal with her.
Prior to all this, Jules Alingette (The DRC Inspector General of Finance) released the IGF Report detailing how Adele Kayinda had committed violations including….
Abusive fixing of the sale of shares by Cominiere to Zijin (to the detriment of the public treasury, and encroachment of other prerogatives of the Government) resulting in a loss of revenue of
USD 120,760,000
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