Natural Resources >> CEO Interviews >> November 24, 2008

Mark Rachovides – European Goldfields Limited (egu:tsx)

MARK RACHOVIDES, Executive Vice President of European Goldfields Limited, joined the company's Board in 2007 and was appointed as Executive Vice President in July 2008. He was previously Vice President, Europe at Dundee Resources Limited and is a well-known specialist in the company's region of operations. He formerly spent 11 years at the European Bank for Reconstruction and Development, leaving as a Senior Banker in the Natural Resources Team where he was responsible for mining investments. He has been involved in a wide variety of projects in the former Soviet Union and Eastern Europe. He is also Lead Director of High River Gold Mines Limited, a Canadian mining company operating in Russia and Africa, and a Director of Uzhuralzoloto, one of Russia's largest gold producers. His recent former directorships include Cunico Resources, a base metals producer in Europe and Africa, and OJSC Buryatzoloto, a mining company in Russia. He led the EBRD's financing of several major mining projects, including the Kubaka Project in Russia, the Chelopech project in Bulgaria and the Zarafshan-Newmont project in Uzbekistan. He has also led oil and gas financings in the Balkans and the FSU. He has also written a number of articles and conference presentations for the LBMA, the World Gold Council, PDAC, the Mining Journal, the Russia-Canada mining group and other bodies. He has 22 years' experience in banking, an MA from Oxford University and is an Associate of the Chartered Institute of Bankers. Profile
TWST: May we start with a short history of European Goldfields?

Mr. Rachovides: European Goldfields is a producing mining company. We are based

in London and listed in Toronto and in London.