- A gross income of $250,000 or more per annum in each of the previous two financial years; or
- Net assets of at least $2.5 million; and
- A verified Qualified Accountant’s certificate given no more than two (2) years ago confirming the Sophisticated Investor status. Please refer to the Corporations Act: Specifically Section 708(08) and Section s761G(7)
Opportunities that lay ahead
The key opportunity for Far East Gold is successful exploration and discovery of an economic mineralisation at one or more of its projects. In particular, Indonesia presents an attractive opportunity for Far East Gold with its fast-growing economy and wealth of natural and human resources. With Indonesia being the world’s sixth largest gold producer and our team’s extensive mining experience in the country, Far East Gold is well-placed to take advantage of this opportunity.
To stay up to date on Far East Gold’s Corporate activity and announcements or to receive alerts on any company events, please register to our investor mailing list.
Our goals & how we plan on achieving them
With on-ground operational expertise and extensive mining experience in Indonesia and Australia, Far East Gold is strongly committed to delivering company and shareholder value in the long term. The company is also committed to respecting human rights and protecting the safety and health of its workforce and their communities, and is focused on managing the short and long-term impacts of its mining operations on the natural environment through sustainable mining practices.
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Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it
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Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it
Company Presentation
In this video, Far East Gold’s chair Paul Walker discussed:
- Valuable insights into Far East Gold’s progress with its projects
- How Far East Gold is well-positioned to capitalise on the multi-billion-dollar gold and copper market
- The company’s plans for growth and project advancement post-IPO
- An overview of the IPO investment opportunity with Far East Gold
Register for an upcoming investor briefing with Far East Gold to hear a company update and goals for the year.
Our Team
Board
Management
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Paul Walker
Chairman
Paul Walker
Chairman
Paul has over 30 years’ experience in international business, capital raising and managing large-scale infrastructure and resource projects throughout the world. In 2009 Paul was the
co-founder and chairman of an Indonesian mining company that successfully acquired several exploration assets and brought into operation a coal mine in Kalimantan. Paul lectures at the UQ Business School, is a Member of the Australian Institute of Project Management, an Associate of the Australian Property Institute and a Barrister-at-Law.
Shane Menere
CEO and Director
Shane Menere
CEO and Director
Shane has a strong background in financial markets and investor relationships. He was the APAC President and director of one of the biggest global mining technology and equipment supply companies and has more than 25 years’ experience in marine infrastructure and resource projects globally. Shane has over 13 years’ experience in the mining industry throughout Asia Pacific working with some of the largest mine sites, primarily focused on the Indonesian and Australian mining and metals industry. He is an expert in leading major projects from exploration to operation and connecting the resources sector with international and domestic mining investment. Shane currently holds board positions on several other Australian gold mining and exploration companies.
Marc Denovan
CFO and Director
Marc Denovan
CFO and Director
Marc has a strong commercial and financial background gained both in Papua New Guinea (PNG) and Australia. He was CEO of Ricegrowers Limited’s largest subsidiary Trukai Industries Limited based in PNG. Prior to becoming CEO, Marc was their General manager of finance. He was also Chairman of the Manufacturers Council of PNG and a Director of the Rural Industries Council of PNG. Before joining Ricegrowers Limited, Marc was a Director at KPMG where he spent 11 years specialising in Business Advisory and Taxation within the mining and property sectors.
Justin Werner
Non-executive director
Justin Werner
Non-executive director
Justin has worked in the mining industry for many years. He is a founding partner of PT Gemala Borneo Utama (BUDUK Gold Project and Romang Island Project). The Romang Island project then vended into the ASX- listed Robust Resources and then acquired for Anthony Salim for $97 million. Currently, Justin is a non-executive director of Alpha HPA Limited and the managing director of Nickel Mines Limited (ASX: NIC) who have developed nickel projects in Sulawesi, Indonesia. Justin and Nickel Mines have successfully raised over $500 million in the past 30 months for their mining operations in Indonesia.
Dr. Chris Atkinson
Non-executive director
Dr. Chris Atkinson
Non-executive director
Dr Atkinson is a geologist with over 30 years of international experience. He was also a founding investor in several successful E&P startup ventures in Malaysia, Canada and the UK. Chris is a founding director of Worldwide Petroleum Services based in Singapore and acts as a non-executive board member for Rex International Holdings with their subsidiary companies Lime Petroleum in Norway and Masirah Oil in Oman. He currently is the Chairman and acting CEO of Sonoro Energy Limited based in Calgary and in 2018 he co founded Helios Aragon which is exploring for natural hydrogen and helium in onshore Spain.
Michael Thirnbeck
Director
Michael Thirnbeck
Director
A geologist by training, Mr Michael Thirnbeck has over 30 years gained broad mining, corporate and commercial experience whilst managing numerous mineral development projects in Papua New Guinea, Indonesia and Australia. He is a successful gold explorer with direct involvement in +1 Moz gold discoveries on the Island of New Guinea. He can also bring special knowledge and experience to bear on projects or investments which span the Pacific, due to his close knowledge of several Southeast Asian jurisdictions and markets in Canada, Australia and Europe.
Mr Thirnbeck holds a Bachelor of Science (Geology and Mineralogy) with Honours University of Queensland, Brisbane. Mr. Thirnbeck is a past and present officer of mining corporations in Singapore, Indonesia and Australia and is a 30 year Member of the Australasian Institute of Mining and Metallurgy.
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Catriona Glover
Company secretary
Catriona Glover
Company secretary
Catriona is a qualified lawyer with over 20 years’ experience in corporate and commercial law with a focus on corporate governance and company secretarial advice for both listed and unlisted companies. She has provided legal, corporate governance and company secretarial advice to several companies in a wide range of industries including mining, stockbroking, education, manufacturing, software as well as not-for-profit organisations.
Tim Young
Investor Relations and Business Development
Tim Young
Investor Relations and Business Development
Tim is a Financial markets and Investor relations professional with almost 20 years experience in global equity capital markets. Tim spent 15 years living in Asia working in financial markets working with global Institutional clients. Tim has a Masters Degree from the University of Iowa, USA.
Jim Gultom
Country Director
Jim Gultom
Country Director
Jim Gultom holds a Bachelor’s Degree in Mineral Processing from Bandung Institute of Technology, with over 15 years of professional experience in energy, mineral resources and mining sectors. He has extensive international business experience with a demonstrated background in leading mineral processing projects through the early stages of the full project life cycle. Having extensive in-country expertise and network, Jim has relevant experience which will place him in good stead to drive Far East Gold Projects in Indonesia into the next phase towards development.
Adi Wijoyo
Corporate Strategist
Adi Wijoyo
Corporate Strategist
Adi Wijoyo graduated with a Bachelor’s Degree in International Business and E-Commerce from Curtin University of Technology.
He has been in mining industry in Indonesia since 2005 and founded PT Genba Multi Mineral and co-founded PT Hengjaya Mineralindo (nickel concessions). Adi also founded PT Gita Perkasa (limestone concession) and PT Deras Perenial Energi (natural gas).
Mike Corey
General Manager - Exploration
Mike Corey
General Manager - Exploration
Mike Corey has over 35 years’ experience in international mineral exploration, of which 12 years has been in Southeast Asia. His focus has been on epithermal gold-silver and porphyry copper deposits. Mike has designed and managed exploration programs in Indonesia, Australia, Mongolia, Peru, Chile, the USA and Canada on behalf of major and junior companies and supervised projects from grassroots to feasibility. He also spent several years as a mining analyst in Toronto evaluating mineral projects globally and advising clients regarding their resource and economic potential.
Dr Chris Bowden
Technical Advisor Geology
Dr Chris Bowden
Technical Advisor Geology
Dr Bowden is a minerals industry professional with over 20 years’ experience globally in exploration, deposit discovery, resource delineation, feasibility studies, mining, and commercialisation of gold and mineral projects.
Dr Bowden has had success in numerous roles, including current positions: co-owner and Managing Director of Ellenkay Gold Pty Ltd which has gold and copper projects in QLD; and Executive Director for Megado Gold Limited with gold projects in Ethiopia. Previous roles also include: Exploration Manager in South Korea for Southern Gold Ltd (ASX:SAU); Exploration and General Manager of ASCOM Precious Metals Mining in East Africa, resulting in the discovery of the Dish Mountain Gold deposit, from initial discovery, mapping, drilling, modelling, feasibility studies, and coordination of the overall portfolio achieving a resource base approaching 2 million oz of gold; plus many years with Ivanhoe Mines Ltd with a focus on Mongolia and China (TSX:IVN); as well as several years at Mt Leyshon and Kidston Gold Mines in Central Queensland.
Tedy Setiabudi
Geology Team Leader
Tedy Setiabudi
Geology Team Leader
Tedy has over 15 years of experience as an exploration geologist working in hydrothermal related deposits; epithermal, porphyry, skarn and sediment hosted in Indonesia, Armenia, Bulgaria and Serbia. As one of the exploration team members who succeeded in turning Bakan prospect (North Sulawesi) into a gold mine with 1.8 Moz of gold resources, and part of team members who discovered 2.5 Moz of gold deposits in Kerta (Banten).
Handi Andrian
Head of Sustainability
Handi Andrian
Head of Sustainability
Handi holds a degree in Mechanical Engineering from Gadjah Mada University, Yogyakarta. He has more than 10 years of experience in the mining industry in stakeholders’ involvement and engagement. His experience as a journalist and expert in the Indonesian House of Representatives has made him rich in information and knowledge on various issues.
Armed with his knowledge and experience in understanding regulations related to good corporate governance practices with the implementation of information disclosure and sustainability, he will bring Fareast Gold towards a sustainable mining with optimal involvement of the community and other stakeholders.
Hamish Fraser
Group Financial Controller
Hamish Fraser
Group Financial Controller
Hamish studied a Bachelor of Commerce (Accounting and Finance) from the University of Queensland and is a CA qualified finance professional with over 9 years’ experience across public and commercial practice predominately in the mining and property sectors.
Hamish has extensive experience in financial, statutory and management accounting in addition to the implementation of systems, processes, and controls.
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To stay up to date with Far East Gold’s corporate activity and announcements or to receive alerts on company events, please register your details.
Our company’s values
Transparency: Always act with honesty and integrity.
Respect: Show respect to the communities and environment where we operate.
Greatness: Attract and develop the best.
Sustainability: Our decisions today impact the world tomorrow.
Tenacity: There is always a solution to be found.