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Ariana Resources PLC

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Market:
AIM
Market Cap:
£20.93 m
Price
1.98 GBX
Change
0.00%
52 weeks high
2.60
52 weeks low
1.00

Our strategy is to achieve sustainable long-term growth of the Company through robust and cost-efficient gold exploration, development and production.

Our superior utilisation of technologies has allowed us to identify, advance and develop projects rapidly, at a discovery cost less than half that of our peers.

We will achieve our strategy by:

Focusing on the discovery of sizeable mineral systems
Building positive long-term relationships with local government, communities and key stakeholders
Developing a strong team with excellent commercial, technical and financial skills
Forming robust business partnerships for the development and construction of gold projects
Executing selective, high-impact exploration programmes and joint venture opportunities
Ensuring safe operating procedures and minimising environmental impact

DELIVERING ON OUR STRATEGIC VISION

Exploration & Development

Maintains a high standard of technical best-practice in its exploration and development activities and adheres to international standards where applicable
Embraces a socially responsible and beneficial approach to health and safety, the environment and community support in its areas of operation
Recognises the importance of its pipeline of exploration projects in Turkey and the region
Substantially increase our global resources
Enhancing the economic fundamentals and mine life at the Kiziltepe Mine and wider Red Rabbit Gold Project employees and the need to attract and continue to challenge its exceptionally talented people
Is committed to best-practice in socially responsible exploration and in the development of mineral resources, to the benefit of the local communities, wherever they may occur

Gold / Silver Production

Delivery of production efficiency

Robust future pipeline of additional resource ounces to maximise strong financial returns over the life of mine at Kiziltepe Mine and wider Red Rabbit Gold Project

Joint Ventures / Investments

Diversification through joint venture project development and investments

Value crystallisation through asset sales in technology-metals

Financial Highlights (2018) 

Profit before tax of £2.2 million

Total net assets of £20 million
 

Michael de Villiers
B. COMM. PROFESSIONAL ACCOUNTANT (SA) MIOD

CHAIRMAN AND COMPANY SECRETARY
Michael qualified as a Professional Accountant with Ernst & Young in Cape Town. He gained his experience as Financial Manager at mining and chemicals operations in Botswana, Bulgaria, Ghana, Namibia and the United Kingdom. He was previously CFO of Eurasia Mining plc, Finance Director of Mercator Gold (now ECR Minerals plc), Oxus Gold plc and Navan Mining plc.

Michael is Chairman of the Audit Committee and serves on the Sustainability Committee.

Kerim Şener
BSC (HONS) MSC DIC PHD

MANAGING DIRECTOR
Kerim graduated from the University of Southampton with a first-class BSc (Hons) degree in Geology in 1997 and from the Royal School of Mines, Imperial College, with an MSc in Mineral Exploration in 1998. After working in gold exploration and mining in Zimbabwe, he completed a PhD at the University of Western Australia in 2004 and worked on a variety of projects in Western Australia and the Northern Territory. Since then he has been responsible for the discovery of over 3.8Moz of gold in eastern Europe. In 2009, he completed his military service in Turkey. Since late 2016 he has been based in the United Kingdom.

He is a Fellow of The Geological Society of London, Member of The Institute of Materials, Minerals and Mining, Member of the Chamber of Geological Engineers in Turkey and a member of the Society of Economic Geologists.

Kerim is also Non-Executive Chairman of Panther Metals plc and a Director of Matrix Exploration Pty. Ltd., a private Australian mineral exploration consultancy. In addition he is an Adjunct Research Associate at the Centre for Exploration Targeting, University of Western Australia.

William Payne
BA (HONS) ACA

NON-EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER
William studied Accountancy at Exeter University before training and qualifying as a Chartered Accountant with KPMG in London. In 2003, he became a partner in top 20 accountancy practice Wilkins Kennedy LLP at their London office, which is now part of the Cogital Group. His role ranges from audit and assurance to planning, reporting and compliance. William is also a director of a number of companies, including Fire Angel Safety Technology Group plc, a company listed on AIM.

William is Chairman of the Remuneration Committee and serves on the Audit Committee.

Chris Sangster
BSC (HONS), ARSM, GDE, FIMMM

NON-EXECUTIVE DIRECTOR
Chris is a mining engineer with over 35 years’ experience in the mining industry. He has a BSc Hons in Mining Engineering from the Royal School of Mines, Imperial College in London and a GDE in Mineral Economics from the University of Witwatersrand and is a Fellow of the Institute of Materials Minerals and Mining. His career covers extensive production and technical experience at senior levels in both junior and multi-national companies in gold, diamonds and base metals in Africa, Canada and United Kingdom and covers a wide range of mining applications. Between 1996 and 1999, Chris was General Manager for Caledonia Mining Corporation for the Cononish Gold Project and a Director of Fynegold Exploration. After 1999, he moved to the Zambian Copperbelt with Anglo American plc/KCM plc where he attained the position of Vice President Mining Services and in 2005 joined Australian Mining Consultants as a Principal Mining Engineer. In 2007, Chris co-founded ASX and AIM listed Scotgold Resources and was its CEO / Managing Director until October 2014. He remains a Non-Executive Director and Technical Consultant to Scotgold and is also an Associate Consultant for Bara Consulting Ltd.

Chris is Chairman of the Sustainability Committee and serves on the Remuneration Committee.

Ariana Resources plc
2nd Floor, Regis House
45 King William Street
London
EC4R 9AN, UK

Tel: +44 (0) 207 407 3616
Fax: +44 (0) 207 403 1605
Email: [email protected]


Galata Madencilik San. ve Tic. Ltd.
Cankaya Mah.
Farabi Sokak
7/5 Cankaya
Ankara
TURKEY

Tel: +90 (0)312 468 13 65
Fax:+90 (0)312 468 13 85


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