Jeffrey G. Clevenger Chairman, President and ChiefExecutive Officer
Mr. Clevenger has more than 35 years of mining experience, primarily at a senior management level with Apex Silver Mines Limited, Cyprus Amax Minerals Company and Phelps Dodge Corporation. From 2004 to 2009 he served as Director, President and Chief Executive Officer of Apex Silver Mines where he led the construction of the $1 billion San Cristobal mine in Bolivia. From 1992 to 1999, while reporting to the Chairman and CEO of Cyprus Amax, with active participation at the Board level, Mr. Clevenger was Chief Operating Officer and President of a large integrated copper producer (one billion pounds per annum) and the world's largest molybdenum producer. He was one of a five member Policy Committee for the parent Cyprus Amax Minerals Company and responsible for 4500 employees with producing assets in the U.S., Europe, Chile and Peru. During his tenure at Cyprus, copper production increased by more than 65% while costs lowered by nearly 30%. Mr. Clevenger led the effort for Cyprus that resulted in being awarded Peru's first tender in the privatization process, acquiring the Cerro Verde property; and Chile's first tender in the privatization process through the Cyprus acquisition of El Abra. He led the Cerro Verde $230 million modernization and expansion, which resulted in increasing production from 60 to 150 million pounds and decreasing costs from $0.80 to $0.45 per pound over a five year period; and the $1 billion construction of the world's largest SX/EW at El Abra, which was completed ahead of schedule and under budget. Mr. Clevenger was responsible for exploration activities ($15 - $40 million per year), primarily conducted in South America, Zambia, Papua New Guinea and Australia.
While at Phelps Dodge Corporation from 1989 to 1992, Mr. Clevenger held the position of President and GM of Phelps Dodge Morenci Inc., which was a joint venture between Sumitomo and Phelps Dodge. There he managed an annual operating budget of $400 million and capital budget of $100 million and oversaw an aggressive exploration program and analysis of the Safford copper district. While at Morenci he led several cost reduction initiatives, most notably replacing the rail system with the installation of a $50 million in pit crushing and conveying system. From 1987 to 1988, Mr. Clevenger was the Assistant General Manager at Chino Mines Company, a joint venture between a subsidiary of Mitsubishi Mining and Phelps Dodge, where he had responsibility for all mining, concentrating, smelting, leaching and engineering functions, including 1100 employees. From 1986 to 1987, he was General Superintendent of Phelps Dodge Morenci, where his responsibilities included mining, engineering and administrative activities of the largest operating mine in North America. While at Phelps Dodge from 1986 to 1973, Mr. Clevenger had progressive career growth from Engineer to Mine Superintendent at Tyrone.
Education
B.S. Mining Engineering with honors, New Mexico Institute of Mining and Technology: 1973
Advanced International Senior Management Program (AMP; ISMP), Harvard University: 1996
Jerry W. Danni Executive Vice President
With over 30 years of domestic and international managerial and operations experience in the mining industry, Mr. Danni is skilled in the integration of effective management systems and processes into a corporation's strategic business plan and core business functions. In his role as Senior Vice President, Environment, Health and Safety (EHS) with Kinross Gold Corporation, he was responsible for corporate direction and oversight of EHS management systems and processes for all facilities worldwide. During his five years with Kinross he managed a department with responsibilities for corporate environmental affairs, health and safety, governmental and regulatory affairs and reclamation operations. He was responsible for establishing comprehensive safety management process and systems resulting in a 65% decrease in lost time injuries and a 64% improvement in the lost time injury frequency rate.
As founding Principal and Manager of Strategic Environmental Management, LLC, Mr. Danni provided strategic environmental management services for domestic and international clients. He developed customized environmental management systems, including site-specific environmental management plans, auditing and performance measurement.
During 1994 to 1999, Mr. Danni served as Vice President, Environmental Affairs for Cyprus Climax Metals Company. He directed all aspects of a comprehensive environmental management system designed to ensure compliance with regulatory requirements and effectively manage environmental risk. He was responsible for the direction of an environmental program that reduced Notices of Violation from 13 in 1995 to zero by 1998 and reportable releases from 17 in 1995 to two in 1999, while agency inspections increased 60% during the same period.
Prior to joining Cyprus, Mr. Danni was Director, Corporate Environmental and Government Affairs with Lac Minerals Ltd., and Regional Manager, Environmental Affairs with Homestake Mining Company.
Education
Bachelor of Chemistry from Western State College: 1975
Robert B. Blakestad Senior Vice President, Exploration and Chief Geologist
As President and CEO of International Taurus Resources Inc. during 1998 to 2004, Mr. Blakestad built the company's portfolio of exploration and development properties to include more than 2.5 million ounces in gold resources and was successful in raising more than $9 million in new capital. Prior to this he held the position of Vice President Exploration and Chief Geologist with Amax Gold Inc., responsible for establishing and implementing exploration and development programs worldwide, with emphasis on the Americas and Russia. He identified and implemented opportunities for reserve expansion at the company's mining operations, adding 10% to the reserve base at Fort Knox. He made recommendations for acquisition of a junior company and claims within the district to augment production.
During his tenure with Cyprus Amax Minerals Company from 1990 to 1996, Mr. Blakestad was the Exploration Manager for North America responsible for establishing strategies and directing programs of exploration and identification of acquisitions opportunities in North and Central America. He also held the position of Exploration Manager for the South Pacific, based in Sydney, directing exploration for gold and copper deposits in Australia and New Zealand, where several substantial gold and copper-gold deposits were discovered.
From 1979 to 1990, Mr. Blakestad held various positions with Homestake Mining Company, including: Manager, U.S. Reconnaissance, where he planned and directed exploration programs for precious metal mineral deposits, and three gold deposits were discovered; Senior Regional Geologist, where he directed exploration and prospect development activities working through senior level team leaders in two domestic offices; Regional Geologist, where he led exploration teams in grass roots and detailed exploration; and Senior Exploration Geologist, where he directed a team of geologists in the exploration for 'hot springs' type gold deposits.
Mr. Blakestad began his career with Perry Knox Kauffman, Inc., an exploration consulting firm, and later joined Resource Associates of Alaska as Senior Geologist and was a member of reconnaissance teams in Alaska and the western United States, directed towards discovery of base metal, precious metal and uranium deposits. Mr. Blakestad is a registered Professional Geoscientist in Nova Scotia and a Licensed Geologist in the State of Washington.
Education M.S. Geology, University of Colorado: 1978
B.S. Mining engineering, New Mexico Institute of Mining and Technology: 1970
Deborah J. Friedman Senior Vice President, General Counsel and Corporate Secretary
Ms. Friedman has over 25 years of experience in the mining industry. For 16 years she served in various positions in the law departments of Cyprus Amax Minerals and AMAX Gold, including General Counsel and Associate General Counsel at Cyprus and General Counsel at AMAX Gold. As a partner at Davis Graham & Stubbs LLP, Ms. Friedman represented major, mid-tier and junior mining companies in public and private equity and debt offerings, commercial and project financings, securities compliance and acquisitions and divestitures both in the United States and internationally. Ms. Friedman's practice has included counseling boards of directors and senior management and effective management of complex finance and acquisition and divestiture transactions. She is experienced in securities compliance and corporate governance matters.
Ms. Friedman is experienced in all phases of the mining business, from exploration through development and operations. She has served as lead counsel in the negotiation and documentation of exploration joint ventures and the development of critical contracts for engineering, construction and infrastructure services. She has special expertise in negotiation and documentation of complex domestic and international transactions, including public, private and project financings, acquisitions, divestitures, business combinations and joint ventures. Ms. Friedman has handled finance, transactional and operations matters for mining projects in the United States, Canada, Latin America including Chile and Bolivia, Australia, New Zealand, Papua New Guinea, Russia and Ghana.
Education B.A. University of Illinois 1974
J.D. University of Michigan 1977
Robert P. Vogels Senior Vice President and Chief Financial Officer
Mr. Vogels was previously the Vice President of Finance and Controller for Apex Silver, joining the company in January, 2005. Prior to that Mr. Vogels served as corporate controller for Meridian Gold Company.
During his 20 years in the mining industry, Mr. Vogels has held numerous accounting, finance and tax positions at the corporate and operations level, and has been involved in numerous large scale mine development projects. Mr. Vogels' extensive operations, corporate and international experience includes previous positions as corporate controller of Meridian Gold, site controller of Phelps Dodge's El Abra mine in Chile and Project Controller of Inco's Goro project in New Caledonia.
Mr. Vogels began his career in public accounting where he earned his CPA certification.
Education B.Sc. and MBA degrees from Colorado State University
CPA Certification (inactive)
Spanish proficiency
Dave E. Drips Project Director
David Drips has over 35 years of international experience in the minerals industry as a miner, supervisor, engineer, project manager, general manager and in corporate level administration. Mr. Drips experience has been concentrated in project management, and in particular underground mine development, construction and operation.
Mr. Drips' professional experience includes; Vice President Operations for Yukon-Nevada Gold Corp.; General Manager for Breakwater Resources El Mochito Mine in Honduras; Vice President of Mexico Operations for Endeavor Silver Corp.; Director General of Plata Panamericana for Panamerican Silver; Director General Minera Cosala for Scorpio Mining; Manager of Surface Operations for American Mine Services; General Manager, Far Eastern Russia for Bema Gold Corporation; General Manager of El Callao in Venezuela for Hecla Mining Company; and Owner/operator Intermountain Mine Services which specialized in coal and hard rock underground mine development and construction.
Education
B.S. Mining Engineering from Colorado School of Mines: 1980