Pan African Resources PLC - Board of Directors

Cyril Ramaphosa
Non-Executive Chairman
Cyril Ramaphosa joined the board of SAB Ltd in 1997 and was appointed to the board of South African Breweries plc upon its listing on the London Stock Exchange in 1999. He is Executive Chairman of Shanduka Group, Joint Non-Executive Chairman of Mondi plc and Mondi Limited and holds directorships in Macsteel Global B.V., MTN Group Ltd, The Bidvest Group, Standard Bank and Alexander Forbes. He also serves on the board of the Commonwealth Business Council.

Overview
Vision & Strategy
Company Structure
Board of Directors
Management
Black Economic Empowerment

Keith Cousens Spencer
BSc Eng (Mining)
Non-Executive Deputy Chairman
Member: Technical Committee
Keith Cousens Spencer is a qualified mining engineer with 35 years of practical mining experience. In 1984, Keith was appointed as General Manager of Greenside Colliery and in 1986 moved to Kloof Gold Mine as General Manager. In 1989, he was appointed as Consulting Engineer for Gold Fields of South Africa to the following mines: Doornfontein Gold Mine, Driefontein Consolidated Gold Mine, Greenside Colliery and Tsumeb Base Metals mine. He also served as Managing Director of Driefontein Consolidated, Chairman and Managing Director of Deelkraal Gold Mine, and as a Board Member of all Gold Mines belonging to Gold Fields of South Africa. Within 2 years of joining Metorex Limited, Keith was a permanent member of the executive team managing the Wakefield Coal operations, O’okiep Copper Company, Barberton Gold Mines, and Metmin Manganese Mine. In the same year, Keith was appointed as Operations Director for the Metorex Group. Keith retired from Metorex in March 2009.

Jan Nelson
BSc. (Hons)
Chief Executive Officer
Member: Technical Committee
After obtaining his honours degree in Geology, Jan Nelson embarked on a career in gold exploration and mining in South Africa, Zimbabwe and Tanzania. He has over 15 years’ experience and, within this period, held positions in mine management and operations with Harmony Gold Mining Company Limited, Hunter Dickenson and Gold Fields Limited.

Cobus Loots
Finance Director
Jacobus Albertus Johannes Loots (aged 31) is a Chartered Accountant who worked in Investment Banking with Macquarie Africa prior to holding positions with Shanduka Coal and Sentula Mining. He became a Principal at Shanduka Resources in 2008.

Rob Still
B.Com (Hons), CTA
Non Executive
Member: Remuneration Committee & Audit Committee
Rob Still has vast experience in mining, specialising in mining finance. He started his career as a chartered accountant, becoming a partner of Ernst & Whinney before leaving in 1986 to co-found Rhombus Exploration Limited. Since then he has been involved in the mining industry world-wide and has held executive and non-executive directorships in companies listed in South Africa, Australia, Canada and the UK. He has participated in the evaluation and development of several new mining projects including Rhovan, Ticor Titanium, Pangea Gold Fields Limited, Southern Mining Corporation Limited (Corridor Sands), Great Basin Gold Limited (Burnstone) and Zimbabwe Platinum Mines Limited. Mr Still is currently chief executive of Pangea DiamondFields PLC, an AIM-quoted company.

Rowan Smith
Non-Executive Director
Rowan Smith is the Managing Director of Shanduka Resources and has almost two decades of collective experience in the minerals and merchant banking industries. His experience includes mine - geological valuation work for Rand Mines, seven years with Société Générale de Surveillance in both Geneva and South Africa as a senior manager, and four years as a Director of Investec's Resource Finance Division.

Directors Responsibilities

The Directors and Proposed Directors of the Company, whose names appear on this website, collectively and individually, accept full responsibility for the accuracy of the information given in this Document, and for compliance with the AIM Rules and the Listing Requirements, and certify that to the best of their knowledge and belief there are no facts that have been omitted which would make any statement false or misleading or affect the import of such information, and that all reasonable enquiries to ascertain such facts have been made and that this Document contains all information required by the AIM Rules and the Listings Requirements”

UK (AIM): PAF | SA (JSE): PAN