Richard Henry Ringrose Latham, aged 67, Chairman

Richard Latham was appointed Chairman of Northern Petroleum Plc in 1999 and his career has been closely tied to the energy industry. He holds a MBA degree from Cranfield University and has spent most of his working life in the City – initially as an investment manager and for 27 years with companies in the upstream oil and gas industry. He was formerly deputy chairman of Aberdeen Petroleum Plc, chairman and managing director of Claremount Oil and Gas Limited and a non-executive director of Atlantis Resources Limited, a company listed on the London and Toronto stock exchanges.

As Chairman, Richard will Chair the Board of Directors and ensure that they provide proper direction and leadership. He will ensure compliance with the rules of the AIM Market of the London Stock Exchange. He will also Chair the remuneration committee.

David John Nel, aged 39, Chief Executive

David Nel has focused his career since the early 1990’s, on opportunities within the natural resources industry in South Africa. After obtaining a Masters degree in Commerce from the University of Johannesburg, David spent several years in a senior management position with global business consulting firm Accenture, advising some of the world’s largest mining houses. Through this, David gained experience in the conceptualisation, development, implementation and management of various large scale consulting solutions for mining companies such as Xstrata, De Beers and Goldfields. In addition, David has spent over seven years as the General Manager of Coalnet in South Africa, a resources development company which led to the establishment of Elitheni Coal, SNR’s primary asset today.

David is wholly committed to Elitheni and to SNR. As Chief Executive Officer of SNR, David will be responsible for the mobilization and implementation of all SNR projects. David has also been the commercial director and COO of Elitheni Coal since 2006 and is well acquainted with all operational aspects of SNR’s projects. As CEO, David will be responsible for steering the new direction of SNR as well as implementation of all strategy both investment and operational for the company.

Jeremy Peter Metcalfe, aged 72, Communications Director

Jeremy Metcalfe has a track record as a financier, marketer and promoter. He has hands on experience of the extractive minerals market having managed public companies including the chairmanship of Minmet plc, Connary Minerals plc, Crediton Minerals plc and Tiger Resource Finance plc which were engaged in the exploration and production of gold, base metals and diamonds in Brazil, Portugal, Peru, Dominican Republic, Honduras and the UK. He has arranged the funding, purchase and sale of a number of gold related projects in Europe and West Africa including the early funding of Golden Prospect plc (since renamed Ambrian Capital plc) and of Tiger Resource Finance plc, a successful mining finance house. He has a wide experience of running a number of businesses, latterly in the public sector commencing in 1994.

Barry William Nel, aged 69, Commercial Director

Barry Nel is the founder of Elitheni and is involved in the South African coal and energy supply sector. He was a founder of Trans Tugela Coal (Pty) Ltd in 1976 which was South Africa’s first independent coal mining operation. The business grew to three medium sized collieries and captured 35 per cent. of the Natal industrial coal market. He formed Coalnet in 1990 to focus on joint ventures with coal users such as the successful joint venture between Coalnet and Vakbel of Turkey, which involved exporting 2.5Mt of South African coal to Turkey.

Since 1999, Barry has committed himself and all his resources to the full time task of establishing Elitheni. As well as being an Executive Director of SNR Barry is Chairman of Elitheni Coal Pty Ltd. His main responsibility will be to ensure the smooth running of the Elitheni coal exploration and the eventual mining of the coal once the extraction licence has been granted. He will also work closely with the CEO to define and develop other coal and energy related projects in South Africa and southern Africa.

Edward Cox Finance Director and Company Secretary (aged 61)

Edward has extensive experience with SME’s and early stage companies and has held a number of senior roles, including as Chief Executive and Finance Director in a range of quoted and unquoted companies. He qualified as a Chartered Accountant with Thomson McClintock (London) and obtained his MBA from Manchester Business School in 2001. He has particular expertise in southern Africa having grown up in South Africa and Zimbabwe from where he returned in 2001 after spending four years in the horticulture services business. He has considerable experience in international trade having been finance director for a leading London commodity broker which trading extensively in West Africa amongst other locations.

Bertus Steenkamp – Technical Director (aged 45)

He started his Working Career as an Anglo Coal Student in 1986 to 1990 when he completed his Higher National Diploma in Coal Mining. He later joined Rand Mines in 1991 as Planning Engineer where he occupied various positions in the Technical, Opencast Mining and Underground Sections of the Mine.

His first appointment as Mine Overseer in 1992, after obtaining his Mine Manager’s Certificate at age 25, was followed by his appointment as Production Manager at Delmas Colliery in 1995. During the course of his stay at this mine, he later had the responsibility for Total Management of the Underground Mine (3 shafts). He joined Grinaker-LTA during 2000 and up to 2003 he occupied various senior positions within the Contract Mining – Coal Division at Grinaker-LTA Mining Contracting before being appointed as Director-Coal Operations on the Main Board of Grinaker-LTA Mining Contracting during 2003. He occupied this position, being responsible for marketing, contract negotiations, contract management, tendering, strategic planning etc, up to March 2008 when he resigned to build his own dream – Belton Mining.

The Company, 2 years later, has developed into a diverse Mining Company (Level 6 – BEE) with its Mining Services Section focussing on Contract Mining and Engineering Capital Projects and Refurbishments, while a subsidiary company, Ducanet, focuses on Procurement Services. Furthermore, the company also acquired various levels of ownership in vast range of Prospecting and Mining Rights including Coal, Diamonds, Gold, Manganese, Platinum and other minerals. A Mauritian based Consulting Company (Belmin Consulting Limited) was also established to service International clients with Technical and Consulting Services.


Robert Myles Randal MacDonnell M.S.I, (Randal), aged 71, Non-Executive Independent Director

Randal MacDonnell was a Partner of Laurie Milbank & Co Stockbrokers, stockbroker partnership for 16 years until it was taken over by Chase Manhattan Bank (subsequently JPMorgan Chase & Co.) in 1985. He was head of the institutional equity department raising money for underwritings, placings and rights issues, as well as conducting normal stock exchange business. In 1986 he was appointed a Director of Chase Manhattan Securities Limited where he remained for four years. He subsequently became a director of Credit Lyonnais Securities Limited and in 1994 was appointed a Director of Kleinwort Benson Securities Limited primarily dealing with small companies. Prior to becoming a member of the London Stock Exchange in 1965 he was commissioned in the 9th/12th Royal Lancers. He is currently a non-executive director of PipeHawk plc.

He is the senior independent Non-Executive Director; principally his role is to ensure that all shareholders are treated fairly and honestly by the Board.

Phumelele Stone Sizani , (aged 55 )

Mr Sizani has committed most of his life to fighting apartheid in South Africa and was imprisoned on Robben Island with Nelson Mandela, for 5 years. He completed his schooling in prison and subsequently obtained a Master of Arts degree from the University of East Anglia in the UK. From the 1980s Mr Sizani was politically active through various organisations, including the Port Elizabeth Youth Congress, the African Food and Canning Workers Union and the Eastern Cape, United Democratic Front.

Since the end of the apartheid he has been an active member of the ANC. He was Chairman of the Eastern Cape Branch from 2006 to 2009. He is currently Member of Parliament in the National Assembly. Mr Sizani has a number of business interests, including Rapitrade 644 (Pty) Ltd, SNR’s Black Economic Empowerment partner.

Andrew Brennan (aged 66)

Andy Brennan is a career banker having spent over 37 years with Bank of Ireland gaining extensive experience in the Bank’s Corporate and Private Client’s Divisions. During this period he was one of four persons selected to launch Bank of Ireland Private Banking Division where he served 13 years prior to retiring as a Senior Lending Executive specialising in managing personal financial affairs of High Net Worth clients. Andy holds a Diploma in Applied Finance from the Irish Management Institute.

Following his retirement from Bank of Ireland, Andy served 5 years as Deputy Head, Private Clients with Merrion Capital, a Dublin based Stockbroking firm prior to taking up an appointment as a Non Executive Director of W. P. O’Reilly & Associates Limited, a Financial Services company founded in 1984. He is also a diector of Cooch 1095 Limited