People: Great Basin Gold Ltd. (GBG)

GBG on American Stock Exchange

1.65USD
9 Feb 2010
Price Change (% chg)

$-0.01 (-0.60%)
Prev Close
$1.66
Open
$1.67
Day's High
$1.71
Day's Low
$1.65
Volume
1,086,222
Avg. Vol
1,523,225
52-wk High
$2.04
52-wk Low
$0.87

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Summary

Name Age Since Current Position
Thiessen, Ronald 56 2005 Chairman of the Board
Dippenaar, Ferdinand 47 2005 President, Chief Executive Officer, Director
Van Vuuren, Lourens 2008 Chief Financial Officer
Oelofse, Johan 2006 Chief Operating Officer
Beckmann, Willem 2006 Vice President - Business Services
Mostert, Dawid 36 2006 Vice President - Human Capital
Ngoma, Joshua 2009 Director
Coughlan, T. Barry 64 1998 Independent Director
Segsworth, Walter 2003 Independent Director
Elliott, David 64 2004 Independent Director
Kirk, H. Wayne 57 2004 Independent Director
Cooke, Patrick 53 2006 Independent Director
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Biographies

Name Description
Thiessen, Ronald Mr. Ronald W. Thiessen is Chairman of the Board of Great Basin Gold Ltd. He is a chartered accountant with professional experience in finance, taxation, mergers, acquisitions and re-organizations. Since 1986, Mr. Thiessen has been involved in the acquisition and financing of mining and mineral exploration companies. Mr. Thiessen is employed by Hunter Dickinson Services Inc., a company providing management and administrative services to several publicly-traded companies and focuses on directing corporate development and financing activities. He is also a director of Hunter Dickinson Services Inc. He has been Director of Amarc Resources Ltd. since September 1995, President and Chief Executive Officer since September 2000, Director of Anooraq Resources Corporation since April 1996, President and Chief Executive Officer since September 2000, Director and President of Casamiro Resource Corp. from February 1990 to August 2002, Director of Continental Minerals Corporation since November 1995, President and Chief Executive Officer from September 2000 to January 2006, Co-Chairman since January 2006, Director of Farallon Resources Ltd. since August 1994, President and Chief Executive Officer from September 2000 to September 2004, Co-Chairman from September 2004 to April 2006 and Chairman since April 2006, Director of Northern Dynasty Minerals Ltd. since November 1995, President and Chief Executive Officer since November 2001, Director of Rockwell Ventures Inc. since November 2000, President and Chief Executive Officer from November 2000 August 2006, Chairman from September 2006, Director of Taseko Mines Limited since October 1993, President and Chief Executive Officer from September 2000 to July 2005, Co-Chairman from July 2005 to May 2006, Chairman since May 2006, Director of Quadro Resources Corp. from July 1992 to December 2006.
Dippenaar, Ferdinand Mr. Ferdinand Dippenaar is President, Chief Executive Officer, Director of Great Basin Gold Ltd. He holds a Bachelors of Commerce and Procuration Degrees, and an Masters of Business Administration from North West University in South Africa. Mr. Dippenaar started his career at the Buffelsfontein gold mine in 1982 and was employed in various financial and administrative capacities at the Gengold mines. In 1996, he became managing director of Grootvlei and of East Rand Proprietary Mines. Following Harmony Gold’s acquisition of Grootvlei and Cons Modder, he was appointed Marketing Director of Harmony in 1997, overseeing Harmony’s service delivery departments, corporate affairs and the company’s investor relations. Most recently he was the Executive Director of Marketing for Harmony. He has been Director of Village Main Reef Gold Mining Company 1934) Ltd. since July 2008, Director of Kryso Resources Inc, since April 2007, Executive Director of Harmony Gold Mining Co. Ltd. from 1997 to November 2005.
Van Vuuren, Lourens Mr. Lourens A. Van Vuuren is Chief Financial Officer of Great Basin Gold Ltd. He is a qualified Chartered Accountant and joined the Company from PricewaterhouseCoopers. He brings along a wealth of experience in multi national companies listed on various world markets and the required regulatory requirements posed to such companies. He has been involved in the international gold mining sector for a number of years and gained valuable exposure during his involvement in various capital raising transactions a well as mergers and acquisitions.
Oelofse, Johan Mr. Johan Oelofse is Chief Operating Officer of Great Basin Gold Ltd. and is a qualified mining engineer with 28 years experience including working on projects in South Africa, Uganda, Mozambique, Argentina, Kentucky in the USA, Kazakhstan, Uzbekistan, Tajikistan, China, Malaysia, Indonesia and the DRC. Mr. Oelofse began his career in the South African Gold Mining environment and gained a working knowledge of all aspects of the industry. Mr. Oelofse has a B Ing degree from Pretoria University in South Africa and an Master of Science Mining Engineering at Camborne School of Mines. Mr. Oelofse joined Great Basin Gold as Chief Operating Officer in March 2006.
Beckmann, Willem Mr. Willie Beckmann is Vice President - Business Services of Great Basin Gold Ltd. and is an accredited attorney, notary and conveyancer. Mr. Beckmann obtained the degrees B Juris LLB (1983) from the North West University. Mr. Beckmann started his career as an officer in the South African Defence Force where he gained extensive experience in administrative law, the drafting of legislation and investigatory review techniques. Mr. Beckmann joined the gold mining industry in 2002 as the group security manager of Harmony Gold Mining Company. Mr. Beckmann since then successfully founded the Legal and Compliance Department overseeing the security, legal and enterprise- wide risk management functions of Harmony. Mr. Beckmann joined Great Basin Gold in March 2006 responsible for the Legal and Compliance functions and business services.
Mostert, Dawid Mr. Dawie Mostert is Vice President - Human Capital of Great Basin Gold Ltd. Mr. Mostert has a diploma in Labour Relations (DPLR) (Advanced Labour Law) and a Masters of Business Administration degree from Wits University in South Africa. Mr. Mostert has approximately 17 years experience in the mining industry during which time he has functioned in many positions including Human Resources Manager, Mine Manager, Elandsrand; Executive Training and People Development; Executive Employee Relations; Executive Human Resources and Executive New Mines. Mr. Mostert was appointed to the executive of Harmony Gold Mining Company in April 2002. As a Harmony executive, Mr. Mostert served on the boards of The South African Mathematics Foundation and the Mining Qualifications Authority (Mining SETA).
Ngoma, Joshua Mr. Joshua Ngoma has been elected to the Board of Great Basin Gold Ltd., effective July 15, 2009. He is a founding member and the current Chief Executive Officer of Tranter. Mr. Ngoma holds a Bachelor of Engineering degree with honours in Mining Engineering from Camborne School of Mines in the UK and a Master of Engineering in Project Management from Pretoria University in South Africa and has spent most of his career in the mining industry. He served with ZZCM, Cementation Mining, De Beers and Sasol Mining before joining Eyesizwe Coal, where he served from Group Technical Manager to General Manager of the Matla Colliery. He later joined Anglo Platinum as the Group Manager: New Mining Technologies, where he was responsible for the development and implementation of the Group's new mining technologies. In addition to being CEO, he is currently a director of Tranter Group of companies, as well as Southgold Exploration (Pty) Ltd, a wholly owned subsidiary of Great Basin, and Ferret Mining and Environmental Services, where he is Chairman of the Board.
Coughlan, T. Barry Mr. T. Barry Coughlan is Director of Great Basin Gold Ltd. He is a self-employed businessman and financier who over the past 23 years has been involved in the financing of publicly traded companies. His principal occupation is President and Director of TBC Investments Ltd., a private investment company. He has been Director of Continental Minerals Corporation since May 2006, Farallon Resources Ltd. since March 1998, Great Basin Gold Ltd. since February 1998, President, CEO and Director of Icon Industries Ltd. since September 1991, Director fo Quartz Mountain Resources Ltd. since January 2005, Taseko Mines Limited since February 2001, President and Director of Quadro Resources Corp. (formerly Tri-Alpha Investments Ltd.) since June 1986, Director fo AMS Homecare Inc. from November 2001 to November 2004, Director of Casamiro Resource Corp from February 1995 to August 2002 and Director of Amarc Resources Ltd. since February 2009.
Segsworth, Walter Mr. Walter T. Segsworth is Director of Great Basin Gold Ltd. He has been an active and respected member of the international mining industry for over 30 years. He has a track record in employee safety, environmental excellence and turn around production situations. During Mr. Segsworth’s tenure as President, Chief Operating Officer and Director at Homestake Mining Company, the Company set a 125 year gold production record and its operating costs reached 25 year lows. Mr. Segsworth is a past Director and Chairman of the Mining Associations of Canada and British Columbia, and was voted British Columbia Mining Industry Person of the Year in 1996. He is a member of the Canadian Institute of Mining, Metallurgy and Petroleum and until recently, was part of the Mining Curriculum Advisory Board of the Michigan Technological University, from which he earned his degree in Mining Engineering. He has been Director of Northern Dynasty Minerals Ltd. since September 2004, Anooraq Resources Corporation from March 2004 to September 2004, Cumberland Resources since May 2002 to April 2007, Yukon Zinc Corp. since February 2001 to July 2008, Novagold Resources Inc. from May 2002 to November 2002, UEX Corporation since March 2002 to June 2008, Plutonic Power Corp since October 2003 and Centenario Copper Corporation from March 2004 to April 2009.
Elliott, David Mr. David M.S. Elliott is Director of Great Basin Gold Ltd. He graduated from the University of British Columbia with a Bachelor of Commerce degree and then acquired a Chartered Accountant designation with KPMG LLP. In 2006, he became a certified director with the Institute of Corporate Directors. Mr. Elliott joined BC Sugar Company in 1976, working in a number of senior positions before becoming President and Chief Operating Officer of the operating subsidiary, Rogers Sugar. In 1997, he joined Lantic Sugar in Toronto as Executive Vice President. He also served as Chairman of the Canadian Sugar Institute. He became President and Chief Operating Officer of the International Group based in St Louis, Missouri in 1999, a company involved with food distribution as well as manufacturing and distribution of pet and animal feed. For several years, he worked with companies developing e-mail and data management services. He has been Director of Anooraq Resources Corporation since April 2005, Northern Dynasty Minerals Ltd. since July 2004, Taseko Mines Limited since July 2004 and of StorageFlow Systems Corp., Director from May 2002 to 2003 and President from May 2002 June 2004.
Kirk, H. Wayne Mr. H. Wayne Kirk is a retired California State Attorney and professional consultant. With over 40 years professional experience Mr. Kirk also has over 9 years senior executive experience in the mining industry. A Harvard University graduate, Mr. Kirk received his law degree in 1968. From 1992 to 2001 Mr. Kirk was the Vice President, General Counsel and Corporate Secretary of Homestake Mining Company. Prior to his retirement in June 2004 he spent two years as Special Counsel for the law firm, Thelen Reid & Priest, in San Francisco. He has been Director of Gabriel Resources Ltd. since June 2008, Anooraq Resources Corporation since July 2005, Northern Dynasty Minerals Ltd. since July 2004 and Taseko Mines Limited since July 2004.
Cooke, Patrick Mr. Patrick Randal Cooke is Director of Great Basin Gold Ltd. He is a native of South Africa and received his chartered accountant designation in South Africa in 1981. As a Chartered Accountant he worked as a management consultant with one of the large accounting companies as well as working for a merchant bank. Mr. Cooke has been responsible for listing two companies on the main board of the Johannesburg Stock Exchange and was the Financial Director of a third JSE listed company. His industry experience is wide, having been involved in mineral information technology, wholesale fast moving consumer goods, financial services and professional services companies. Since leaving the employment of Pangea DiamondFields PLC in December 2008, Mr. Cooke has been self employed. He has been Director of Pangea Diamond Fields PLC, since August 2006, Great Basin Gold Ltd. since April 2006.

Basic Compensation

Name Fiscal Year Total
Thiessen, Ronald 35,000
Dippenaar, Ferdinand 1,359,770
Van Vuuren, Lourens 430,738
Oelofse, Johan 750,763
Beckmann, Willem 425,150
Mostert, Dawid 427,398
Ngoma, Joshua --
Coughlan, T. Barry --
Segsworth, Walter --
Elliott, David --
Kirk, H. Wayne --
Cooke, Patrick --
As Of 30 Dec 2008

Options Compensation

Name Options Value
Thiessen, Ronald 579,000 1,015,280
Dippenaar, Ferdinand 1,157,000 1,802,000
Van Vuuren, Lourens 0 0
Oelofse, Johan 475,000 1,060,001
Beckmann, Willem 479,000 1,060,001
Mostert, Dawid 479,000 905,332
Ngoma, Joshua 0 0
Coughlan, T. Barry 0 0
Segsworth, Walter 0 0
Elliott, David 0 0
Kirk, H. Wayne 0 0
Cooke, Patrick 0 0

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