Proactive Investors - Run By Investors For Investors
Market: AIM
52-week High/Low: 0.48p / 0.05p
Sector: General Mining - Copper
Market Cap: 3.08M
Phone: +44 (0)20 7930 6966
Address: 6th Floor, 56 Haymarket, London SW1Y 4RN.
North River Resources plc.

North River Resources plc.

North River is a mineral exploration and development company active in Namibia and Mozambique. The Company is focussed on re-opening its flagship asset, the Namib Lead Zinc Project near Swakopmund in Namibia and is targeting commencement of production in the near term.

North River Resources plc.

Interactive graph

col 3
col 4
col 5
col 6

Big picture - Why invest in North River Resources plc.

North River Resources plc. Snapshot

North River Resources plc is headquartered in London with subsidiaries in Namibia and joint venture interests in Mozambique.

North River has an extensive exploration landholding in Namibia ranging from newly issued exclusive prospecting licences (EPLs) to previously producing properties with identified JORC Compliant resources.

The Company's flagship asset is the EPL covering the historic Namib Lead Zinc Mine, which has demonstrated its potential to be developed into a profitable and medium life mine.


Key Points

  • Advanced lead, zinc and silver project in Namibia offer production potential in the short term
  • Significant Namibian exploration landholding offers discovery potential
  • Exploration programmes targeting lead-zinc-silver-indium and copper
  • JORC Compliant copper resources at Malachite Pan and Koperberg
  • Excellent support infrastructure in place in Namibia
  • North River has a high calibre board and management team providing a wealth of commercial experience and access to world class technical resources



For information please click here 




For further information please click here 

James Beams - Chief Executive Officer
James Beams joined North River having previously spent 14 years with Anglo American plc. For his final five years at Anglo American he was the Chief Financial Officer for the Copper division, and prior to that served in several senior management positions within the company. Prior to his time at Anglo American, he held senior finance roles at Minorco and Commercial Union.

Ms Ding Chan (Tina) - Non-Executive Director
Tina has a Masters degree in Law and gained investment banking experience in Beijing and Singapore before joining CGNPC as Mining Investment Manager in 2014.

Dr. Rodney Beddows - Independent Non-Executive Chairman
Dr. Rodney Graham Beddows, also known as Rod, serves as a Senior Adviser for the Global Steel industry at RBC Capital Markets LLC since October 2014. Dr. Beddows served as a Co-Founder and President at HCF International Advisers Limited. He is now a Senior Adviser for the Mining industry at HCF. He founded Beddows and Co. and served as its Chief Executive. Dr. Beddows has spent most of his professional career as a strategy consultant then financial adviser to mining and metals companies. He is the Non-Executive Chairman and Non-Executive Director of Zincox Resources plc since July 7, 2014 and February 25, 2008 respectively. Dr. Beddows was for several years a main board director of Hatch Associates, after selling Beddows & Co to Hatch in 1998. Dr. Beddows has co-authored a book entitled 'Managing Large Research and Development Programs'. During a 25 year career as a Strategy Consultant, he has held Director level appointments at two international consultancies and in a number of innovative technology based metals companies. He is now on the board of Albion Steel Ltd, a start up seeking to bring a steel making technology to Europe.Dr. Beddows has a B.A. in Philosophy and Politics from the University of Bristol, an M.Sc. in Management Studies from the University of Durham, and a D.B.A. in Administrative Systems from Harvard Business School. He has been a Senior Visiting Reseach Fellow at HBS. In 2014 he oublished “Steel 2050; How steel transformed the world and now must transform itself.”

Mark Thompson (Independent Director) - Non-Executive Director
Mark Thompson is the executive Chairman of Treliver Minerals Ltd, a UK company developing Tin mining projects in England and Germany. He is a non-executive Director of TSX-V listed Margaret Lake Diamonds Inc as well as holding a number of other directorships in private companies engaged in mineral exploration. He is a former Chief Investment Officer and co-founder of Galena Asset Management Ltd, the fund management arm of Trafigura Beheer b.v., and partner at Apollo Management, one of the world's largest alternative asset managers. Mark holds a masters degree in Physics from Oxford University.

Mark Sawyer - Non-Executive Director
Mark Sawyer is a Senior Partner at Greenstone Capital LLP and a co-founder of Greenstone Resources LP ("Greenstone"), the private equity fund. Mark co-founded Greenstone in 2013 after a 18 year career in the mining sector including as co-head of group business development at Xstrata plc, and senior roles at Rio Tinto plc and Cutfield Freeman & Co Ltd. Together with Greenstone's co-founder, Mark oversees all aspects of the management of the business. He serves as a director of Greenstone Management Ltd, the fund's General Partner, and is a member, and co-Chairman, of the Investment Committee.

Keith Marshall (Independent Director) - Non-Executive Director
Keith Marshall is a mining engineer and has over 35 years' experience in the mining industry and has worked for extended periods of time in every continent specialising in underground mining. He has developed a wealth of technical and managerial experience and has spent the last 15 years in senior mine leadership roles with Rio Tinto PLC as Managing Director of the Palabora Mining Company (copper) in South Africa, and President of the Oyu Tolgoi Project in Mongolia (copper/gold).

Ken Sangster (Independent Director) - Non-Executive Director
Ken Sangster was trained as a metallurgist and has 49 years' experience in the mining industry in a number of highly successful project development / project management roles ranging in project size from USD20M to USD600M. He previously worked in numerous senior roles for Rio Tinto plc for over 15 years, as well having metallurgy focused project development roles for Anglo American PLC, Consolidated Gold Fields, Outokumpu Metals and Resources, TVX Gold and Ivernia plc. He is also a Fellow of the Institute of Directors.

Andrew Little  -Project Director - NLZM Project
Andrew Little is a graduate HNC Mechanical Engineer from the Bell College of Technology (Scotland), and is a Fellow of the Institute Of Mining, Minerals & Materials (UK) and a Registered Professional Engineer with the European Engineering Council. He has over thirty years' experience in Project Development, Field Engineering, Construction Management, Project Engineering, and Design Management, predominantly in the base metals sector. He has previous held senior project and operating roles with FLUOR (at Oyu Tolgoi); Kazakhmys Project LLC, Sino Mining and Freeport McMoRan. As well, Andrew has been an independent consultant on project construction roles with: Caijiaying Zinc/Gold Mine in China; Wardrop Engineering; AngloGold Ashanti; and Griffin Mining.

Dominic Claridge - Business Officer (Namib Lead Zinc)
Dominic Claridge is a Mining Engineer with a degree from the University of Sydney. Having started out at Western Mining in Australia his career has taken him to multiple mines on several continents. He was COO for Griffin Mining Ltd for six years, and until recently was working on projects in Namibia for Weatherly International. Dominic has extensive underground lead and zinc experience having worked on these types of projects in Australia, China and Africa.

Edwin Daweti  - Country Manager (Nambia)
Edwin Daweti holds a BSc degree from the University of Namibia and a BSc Honours degree, GDE and M.Eng (Mineral Resource Evaluation and Rock Mechanics) from the University of Witwatersrand, South Africa. He has nine years of mining and exploration geology, with experience in Namibia and South Africa. Prior to joining North River, Edwin held positions with Rossing Uranium (Rio Tinto), Xemplar Energy Corporation and Rosh Pinah Zinc Mine. Edwin has been working for North River since April 2011 and is responsible for the Company's team of ten staff in Namibia, and direct supervision of various contractors.


AIM securities in issue - 2,199,091,843 ordinary shares.

Percentage of shares not in public hands - 47.48%

North River Resources Plc

1A, Princes House

38 Jermyn Street



Tel: +44 (0) 20 7025 7043


North River Resources Namibia

84 Dr Frans Indongo Street


Email: [email protected]

Tel: +264 64 461701 

Fax: +264 61 300209

Nominated Adviser:

Strand Hanson Ltd

26 Mount Row

London, W1K 3SQ



RFC Ambrian Limited

Level 5, Condor House

10 St Paul's Churchyard

London EC4M 8AL


Solicitors to the Company as to English Law:

Watson, Farley & Williams LLP

15 Appold Street

London EC2A 2HB


Solicitors to the Company as to Namibian Law:

Theunissen, Louw & Partners

Schützen Street

PO Box 3110, Windhoek



Auditors and Reporting Accountants:

UHY Hacker Young

Quadrant House

4 Thomas More Square

London E1W1YW



Capita Registrars

Northern House

Woodsome Park

Fenay Bridge

Huddersfield HD8 OGA


Financial PR Advisers:

St Brides Partners Ltd

3 St Michael's Alley

London, EC3V 9DS

North River Resources plc. Timeline

Columns Including NRRP


Market Reports Including NRRP

Video RSS



© Proactive Investors 2016

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.