Natural Resources >> CEO Interviews >> June 25, 2003
Stephen R. Dattels, aged 55, (Executive Chairman, Caledon Resources PLC) is a seasoned senior mining executive with offices in London and Toronto. He was an executive director involved in Barrick Gold Corporations formative years from 1982 to 1987. During his employment with Barrick in the mid 1980s, he was Executive Vice President, Corporate Finance and a director of the company. He played a key role in the equity and debt financings of Barrick in the early 1980s, which saw it grow from a capital base of US$10 million to a market capitalisation of over US$2 billion when he left in early 1987. Since 1987, Mr. Dattels has financed a number of mining ventures, most notably International Gold Resources Corporation, which he brought from inception through to its sale for stock in 1996 to Ashanti Gold Fields Company, valued at the time of sale at approximately C$130 million. He has also financed a number of junior exploration companies actively involved in exploration in Indonesia and Mongolia. In March 2002, Mr. Dattels participated in arranging the financing of the acquisition by International Pursuit Corporation of two U.S. mines producing 200,000 ozs. of gold per annum, now called Apollo Gold Corporation, a Toronto Stock Exchange listed company in which Mr. Dattels served as Chairman. In 2002, Mr. Dattels was involved in financings in Royal Standard Minerals Inc., Guyana Gold Fields Inc. and European Minerals Corporation. Mr. Dattels has a law degree from The University of Western Ontario.
George G.Salamis, aged 36, (Managing Director, Caledon Resources PLC), has over 15 years experience in the mining industry. His particular expertise is in identifying and evaluating mining investment opportunities where he has a track record of adding value to mining assets. His career has involved management of field exploration and feasibility programs, business development mandates, financing initiatives and promotional and investor relations mandates. Mr Salamis is currently vice-president and a board member of Riddarhyttan Resources AB, where he had a senior role in the exploration and feasibility study conducted on Riddarhyttans multi-million ounce gold project. He has also had responsibility for several financing mandates, securing over US$15 million in equity financing for the company. Mr Salamis was previously a senior geologist at Cameco Gold and at Placer Dome Exploration. Profile
Mr. Dattels (Executive Chairman): The predecessor company
