Saltanat Suleimenova, a Tax and Legal Director with PricewaterhouseCoopers Almaty, has extensive experience and expertise across taxes and industries, with particular experience in the energy and natural resources sector.
Saltanat advises on structuring investments and transactions in Kazakhstan to optimize tax costs and develop tax-efficient operating structures for companies doing business in Kazakhstan under Kazakhstan statutory tax law, subsurface use agreements and conventions for the avoidance of double taxation.
She conducts tax due diligence on targets of corporate acquisitions.
Saltanat also represents clients before the Tax Committee of the Ministry of Finance and assists with the resolution of tax disputes.

Yergazin Abdrakhmanov is a Tax and Legal Director with PricewaterhouseCoopers Almaty. Yergazin specializes in mergers & acquisitions and has valuable experience advising clients in financial and tax due diligence projects related to major mergers & acquisitions in the metals & mining, oil & gas, utilities industries in Kazakhstan and Central Asia.
Yergazin holds MBA in Corporate Finance degree from the University of Cambridge, having graduated in the top 10% of the class. He also had secondment to the Moscow practice of PricewaterhouseCoopers where he specialized in cross-border investments across the former Soviet Union.

Konstantin Yeliseyev is a Senior Manager in PwC Transaction Services Group in Almaty, Kazakhstan.
Konstantin has over seven years career in public accounting, and his considerable experience includes delivering due diligence, consulting and audit services in a range of industries, including mining and oil & gas big international companies operating in Kazakhstan and across the Central Asian and Caucasus region.
Konstantin is a member of Association of Chartered Certified Accountants (ACCA). Konstantin holds a master’s degree in Economics.

Akmal Nartaev is a Corporate Finance Senior Manager with PricewaterhouseCoopers Almaty. He has extensive experience in financial advisory services with specialized knowledge in valuations and financial modeling. Principal specialties include mining, oil and gas.

Akmal‘s expertise includes such areas as:

• • Financial modeling: development of strategic and budgeting financial models for the largest holdings in Kazakhstan.
• • Valuation: valuation of holdings and stand alone companies in different industries for the purposes of restructuring, acquisition, disposal, purchase price allocation and other uses as stipulated in IFRS.
• • Development of business plans and feasibility studies.

Akmal holds МВА degree from A.B. Freeman School of Business, Tulane University (USA), Kazakh state licenses to perform appraisal and is CFA level 3 candidate.

Doug has been working in PwC’s Sustainability & Climate Change practice in Russia since 2003. Doug is a member of PwC’s Global non financial Reporting and Assurance team, working with colleagues from other territories developing methodologies related to reporting and Assurance. Doug also actively participates in the PwC Global Sustainability Mining Team.
His main area of specialization is provision of assurance on sustainability reports. He also works with many clients in an advisory capacity, including a wide range of subjects such as stakeholder engagement, risk management, socio economic impact assessment, supply chain monitoring and environmental / health and safety due diligence.

Irina is a Director in the Moscow office of PricewaterhouseCoopers (PwC), and has joined Forensic Services group in 2005 after 9 years in the audit practice in the firm.
Having spent 9 years in Audit, Irina has gained an extensive experience with financial service, industrial and telecommunication clients.
Irina has spent two years on an international assignment as an audit manager in PwC Germany (Stuttgart) leading multinational audit projects. She has also extensive experience in Russia and Germany on a global Foreign Corrupt Practices Act (FCPA) assignment, was involved in the investigation and subsequent remediation work for the leading automotive production company.

Nigel Pickett MBA, is a Principal Business Consultant, with SRK (UK). With a multi sector background, Nigel commenced his working career in mechanical and production engineering. Nigel has many years of experience in the mining sector, spending 7 years in mechanical engineering on surface and U/G installations and 8 years in mineral processing plant management. During this time he worked on several technical and business performance improvement projects including the redevelopment of the last process plant to which he was appointed Plant Manager. He followed this by moving into research and development for 2 years where he worked on the development of a new process for the pelletisation of anthracite coal fines. Following his award of an MBA, he moved into business consulting where he has worked in senior roles managing business projects across a wide variety of business sectors, e.g. Mining, Oil & Gas, Banking & Finance and IT service and in geographies as diverse as UK, Ireland, Sweden, Philippines, Saudi Arabia and the Ukraine.

Sabine Anderson (MEng Mining) is a Senior Mining Engineer with SRK Consulting (UK) Limited with 10 years experience in underground and surface mining. Sabine’s work focuses on independent technical assessment of exploration and mining projects, in support of acquisitions, debt and equity finance, including stock exchange listings, where she has project managed numerous commissions. Sabine’s work includes project evaluation and valuation, economic analysis, and multi-disciplinary due diligence. Sabine has managed scoping studies and worked on pre-feasibility studies. Commodity experience include gold, platinum, nickel, lead zinc, molybdenum, copper, potash and phosphates, gemstones, diamonds, tantalite, coal and mineral sands. Countries worked in include Russia and the CIS, Western and Southern Africa, Europe and South America.

Chris has 10 years of practical experience at a number of underground and open pit operations in Australia, Ireland, Bulgaria, Romania and Ukraine. He specialises in mine optimisation and design, geological database setup, mine planning, scheduling, cost estimation and financial modelling. Chris has worked with SRK in consulting for 3 years on a large number of projects and commodities mainly in Central Asia, Russia and India.

Inge Moors (MSc) is a mining engineer specialising in all aspects of mineral economics. Since joining SRK in 2007, she has been directly involved in various due diligence studies with specific focus on Mineral Experts’ Reports for the London Stock Exchange. In her current role she is also directly responsible for the development of Financial Models for various technical studies including scoping, pre-feasibility and feasibility studies.

Alexander Polonyankin is a Senior Resource Geologist with SRK Consulting (Russia). He has over 10 years of experience in mining industry. Prior to joining SRK, Alexander worked as an exploration geologist, as a mine geologist at an open pit gold mine, as a gemologist for a jewelry company and as a resource modeling geologist at a large iron ore company. At the iron ore company he was involved in resource modeling, estimation of resources, submission of results to the GKZ, grade-control, geological and economic risk assessment of exploration projects, introducing geoinformation systems to enterprises, and review of internal geological reports. With SRK Alexander has been Project Manager of several Resource audits.

Svetlana Polutornaya is a specialist on business evaluation employed by SRK Consult‐ ing (Russia) Ltd, who specializes on mining consulting with over five years of experience in economics of mining and project management. She holds a Diploma of Higher Education and defended her PhD in the Moscow State Mining University as a specialist in mining economics and mining management.

As an employee of SRK Svetlana took part in cost database development project for SS, PFS, FS. Among other, it included identifying potential suppliers of key mining equipment and estimating provisional capital costs as well as key factors that may define additional costs in various regions.

Max Brown is a Senior Geotechnical Engineer with 10 years experience in the extractive industries. He specialises in data collection, the geotechnical characterisation of rock masses, open pit slope design, underground support and excavation design and numerical modelling. Max has developed numerous geotechnical investigation drilling programmes and co-ordinated many laboratory testing programmes. He has worked on a variety of metalliferous and industrial mineral projects and since joining SRK Max has undertaken open pit, quarry and underground mining geotechnical projects throughout the UK and Europe as well as in West and Central Africa, South America and India.

Phil is an experienced geotechnical engineer and project manager with extensive experience on mining and construction projects in UK and overseas. Since 2007, he has been the China regional manager of the Wardell Armstrong representative office in Beijing, where he has responsible for the delivery of coal bed methane and underground coal gasification studies.
His international project management experience includes feasibility studies, the design of major site investigations, geotechnical interpretation, foundation and slope design, underground mine support design, hydrogeological studies, and the management of waste from mining activities. In UK, his project experience includes the management and design of geotechnical and brownfield engineering projects involving slope and foundation engineering, ground improvement and remediation of contaminated sites.

Nick is an environmental scientist with broadly based experience in the mining and minerals industry. He has worked extensively with government and regional authorities and institutions for mineral planning, mining administration, environmental protection, industrial development and finance. He is fully conversant with national and international guidelines, procedures, regulations and standards for the mining and quarrying sector.
As an ecologist and landscape scientist Nick has extensive experience (29 years) of mine closure, mine reclamation, environmental audit, due diligence and assessment of environmental liabilities in the mining and quarrying sector. He has been responsible for the preparation of good practice guidance for mine and quarry reclamation, published by MIRO, UK DoE and DEFRA. His experience covers metalliferous mines, coal, kaolin and construction aggregate mining and quarrying in the UK and overseas.

Was born in 1965. Graduated from Beijing Language and Culture University, Law School of Wuhan University, and Kazakh State Academy of Management. Holds degrees in international law and economics. Doctor of Science in Economics. Speaks English, Chinese, and Arabic.

Started his professional carrier as Senior Economist at the Ministry of External Eco‐ nomic Ties of the Republic of Kazakhstan; served as Senior Specialist of the China based representation office of the Kazakh Ministry of External Economic Ties in Urumqi; held position of the Managing Director of the Kazakh Trading House in Hong Kong. Went on to hold positions of the Chairman of the Board of Almaty Trade and Finance Bank and Chairman of the Board of the People’s Savings Bank of Kazakhstan. Was appointed Minister of Transport and Communications, Deputy Prime‐Minister of the Republic of Kazakhstan, Assistant to the President of the Republic of Kazakhstan.

From January 2006 served as Vice Prime Minister of the Republic of Kazakhstan.

From April 2006 ‐ Vice Prime Minister ‐ Minister of Economic Affairs and Budget Planning. Incumbent Prime Minister of the Republic of Kazakhstan since January 2007.

Chief Executive Officer
JSC “SWF “Samruk-Kazyna”
He was born on January 28, 1969 in Almaty.

• In 1993 has graduated from Moscow State University named after M.V. Lomonosov, specialty – mathematician.
• In 1996 he graduated from Market Institute of Kazakh Management Academy, National School of Public Administration under the President of the Republic of Kazakhstan.
• In 1998, Georgetown University of Washington, the United States of America
• He began working in 1993 as a graduate student, assistant to the Kazakh State University named after Al-Farabi.
• In 1996 he worked as Senior expert of the Supreme Economic Council under the President of the Republic of Kazakhstan
• In 1997 he took the position of Deputy Director, Director of Department at the Agency for Strategic Planning
• In 1998 was appointed Head of Social and Economic Department of the Administration of the President of the Republic of Kazakhstan.
• In 1999 – 2001 served as Chairman of the Agency for Strategic Planning,
• In 2001 – 2002 – First Vice-Minister of Finance of the Republic of Kazakhstan.
• From 2002 to 2006 served as Minister of Economy and Budget Planning of the Republic of Kazakhstan.
• From 2006 to 2008 served as CEO of Kazyna Sustainable Development Fund.
• From January to October 2008 served as Head of Administration of the President of the Republic of Kazakhstan.
• Since October 2008 he is CEO of the Sovereign Wealth Fund “Samruk-Kazyna” JSC.
• Member of Political Bureau of the National Democratic Party “Nurotan”.
• He is the author of numerous scientific publications. He is fluent in English and French.
• In 2005 he was awarded with “Kurmet” order and other medals.
• He is married with a daughter and a son.

From 2000 to 2001 – President of CJSC “National Legal Service”.
From 2001 to 2002 – First Deputy Chairman of LLP “APC Sunkar”, President of LLP “National Consulting Group”, Vice President for Corporate Development and Legal Issues, First Vice President of JSC “Ordabasy” Corporation”.
From November 2002 to June 2003 – Advisor to the RK Minister of Economy and Budget Planning.
Since 2003 – RK Vice Minister of Industry and Trade.
Since 2006 – Deputy Chairman of the Board of JSC “Kazyna” Sustainable Development Fund”.
Since 2007 to 2008 – Director for Financial Project Marketing in LLP “Credit Swiss (Kazakhstan)”.
Since March 2008 – Assistant to the President of the Republic of Kazakhstan.
Since May 2009 – RK Minister of Industry and Trade.

From 2002 to 2004 held the post of Director General of the Kazchrom Transnational Company. From 2004 to 2006 – Chairman of a Board of Directors in Kazakhstan Mining and Metallurgical Company.

From 2006 to 2009 – Director General of Taraz Metallurgical Plant.

Bolat Svyatov has a broad experience in leading and anti-crisis management of enterprises in metallurgical sector as well as management of enterprises with over 1 billion USD annual turnover. Mr Svyatov has Master’s degree in Management and PhD in Technical Science. He is a member and a corresponding member of international and domestic science and engineering academies. He is the author of 130 scientific papers and monographs in metallurgy. Some of his ideas were introduced in metallurgy enterprises.

He also has experience in setting up and managing vertically-integrated structures in mining and metallurgical sector, restructuring of business units and setting up new production units.

He was awarded the “Kurmet” medal and the Jubilee medal “10 years of Astana”.

Nikolay Vladimirovich Radostovets is an active public figure in Kazakhstan. New Anti-monopoly legislation of the Republic of Kazakhstan was developed on his initiative and currently it is the most advanced anti-monopoly legislation amongst all CIS countries.

Anti-monopoly Committee led by Mr Radostovets for the first time in the CIS successfully completed housing reform and de-monopolisation of more than 80 industrial holdings and thus created healthy competitive environment for development of private enterprise in Kazakhstan. It helped to solve the most important state objectives – ended subsidising housing and utilities services, created KSK and many utilities services transferred to competitive private enterprises.

When he held the position of the Minister of Labour and Social Security of the Republic of Kazakhstan, Mr Radostovets initiated for the first time in CIS a legislative act “About Social Partnership” which helped to establish constructive social dialogue between the government, employers and professional unions.

For his fruitful work in the Government of the Republic of Kazakhstan, active contribution to economical reforms during the difficult transitional period, strengthening the federal status, stability and international unity Mr Radostovets received the commendation of the President of Kazakhstan.

In the last few years Mr Radostovets published dozens of articles and reports on the current problems of private enterprise development, accession of the Kazakhstan to the WTO, export growth.

He achieved significant results in uniting national and foreign business communities in Kazakhstan. A number of republican association of large enterprises were created on his initiative, such as the Eurasian Industrial Association, the Republican Association of Mining Metallurgical Enterprises, the Union of Producers and Exporters of Kazakhstan. These structures took an active part in formation of the All-national Union of Entrepreneurs and Employers of Kazakhstan “Atameken”. They work actively on developing national manufacture and ensuring social responsibility of businesses.

Mr Radostovets is a member of the Presidential Union of Entrepreneurs of Kazakhstan. In 2007 for his achievements in development of economy and social structure, exemplary services to the State and active social work he was awarded “Kurmet” order.

Mr. Djumanov has over 13 years of investment manage‐ ment, investment banking, and advisory experience in emerging markets of Central and Eastern Europe and Eurasian countries including Russia, Kazakhstan, Ukraine, Uzbekistan, Azerbaijan and Mongolia. He has worked in major international financial centres such as New York, London and Zurich.

Mr. Djumanov is Chairman of Eurasia Capital Group, a Singapore‐based holding group with extensive investments in Central Asia. He leads Eurasia Capital Management, investment management firm with offices in Almaty, Kazakhstan and Ulaanbaatar, Mongolia that manages a number of investment funds focused on investments in Central Asia, Mongolia, Russia and China. He was Vice President of Auerbach Grayson & Co., a brokerage house in New York advising US institutional investors on portfolio investments in emerging markets in Europe, Middle East and Africa (EMEA). He was Head of Corporate Finance in Central Asia and the Caucasus at Ernst & Young as well as investment banker at Renaissance Capital in Moscow and Credit Suisse First Boston in Zurich and London. Mr. Dju‐ manov received his Master of International Affairs from Columbia University and an MBA from Oxford University.

Larissa Loznova is a Vice President-Senior Analyst at Moody’s Eastern Europe, based in Moscow. She is responsible for ratings of corporate issuers in the steel & mining sector in Russia and CIS.
Larissa joined Moody’s in December 2005 after working for BNP Paribas as the Head of Export Finance in Russia, providing regional expertise through strong relationship with customers mostly in Energy and Commodities sector and by leading marketing efforts to expand export finance activities in the country. Prior to joining BNP Paribas, Larissa worked for the European Bank for Reconstruction and Development (EBRD) for over 7 years, in Moscow and in London both as a banker and as the credit officer. At the EBRD, in the capacity of a Principal banker she was responsible for leading, structuring and execution of debt transactions across a variety of general industry sectors in Russia.
As a credit officer at EBRD she analysed different type of transactions including lending and equity investments and performed credit reviews of potential deals in banking sector, infrastructure and general industry located in CIS and Central and Eastern European countries. Larissa holds master degrees in Finance from the University of Illinois at Urbana-Champaign.

Rodrik is the Regional Director for Russia, Eastern Europe and Central Asia at CRU. He is responsible for the group’s work in the region representing both CRU Strategies and CRU Analysis.
Presently based in London and Moscow, he first worked in Kazakhstan in 1996 for Kazakhstan Goldfields. Since that time, his focus has evolved from implementing new technologies and best practice in the region’s mining, metals and EPC companies to include strategic support for government and financial institutions. Prior to CRU he held Regional Director positions at a US EPC software company and a global metallurgical engineering firm, both based in Moscow.
Rodrik holds degrees in Electrical Engineering, Russian and Management Science from the University of Waterloo in Canada. He is fluent in English, French and Russian.

Saltanat Suleimenova, a Tax and Legal Director with PricewaterhouseCoopers Almaty, has extensive experience and expertise across taxes and industries, with particular experience in the energy and natural resources sector.
Saltanat advises on structuring investments and transactions in Kazakhstan to optimize tax costs and develop tax-efficient operating structures for companies doing business in Kazakhstan under Kazakhstan statutory tax law, subsurface use agreements and conventions for the avoidance of double taxation.
She conducts tax due diligence on targets of corporate acquisitions.

Ch. Khashchuluun was born in Mongolia in 1966. After graduating with honors from the Moscow State University’s Economic Faculty in 1989 he joined Mongolian National University as a lecturer of Political Economy. After acquiring Master degree in Economics at the Yokohama City University, Japan in 1996 and Ph.D degree in Economics at Keio Universtiy, Japan in 2003 in international economics, returned to Mongolia to continue to work in economic/business research and education field at the National University of Mongolia. Since 2004 has worked as a Dean of the School of Economic Studies of the National University of Mongolia, a largest national school of economics and business administration in the country with Bachelor/Master/Ph.D degrees in 14 major programs in business and economics with 120 professors, 2500 undergraduate and 700 graduate students. He has participated in a number of international economic and business studies as a consultant and chief researcher. In 2006 joined the Board of Central Bank of Mongolia. Since February 2009, he works as a Chairman of National Development and Innovation Committee of Mongolia, a government agency in charge of national development strategy and investment policy.

RESEARCH INTERESTS: International Economics, Development Economics, Industrialization, Economic Theories of communications and networks.

Almat Daumov, Partner at GRATA Law Firm, Director of Almaty officeю Almat has extensive experience in subsoil use law, tax, transfer pricing, investment in natural resources sector as well as in litigation issues. Almat is a member of Kazakhstan Petroleum Lawyers’ Association, Kazakh Chamber of Consultants and the authorised representative of GRATA Law firm in Kazakhstan Taxpayers’ Association. Almat speaks fluent Russian and English.

David Pearce is a Principal Consultant with SRK Consulting and has more than 20 years experience in the international resource industry. Prior to joining SRK in 1999 he has held senior management positions at a number of bulk commodity open‐pit operations in Asia and Sub‐Saharn Africa. In the past five years he has been directly responsible for managing the mining team at SRK (UK) Limited and has personally led mandates in the areas of: technical studies ranging from conceptual to feasibility level (bankable stand‐ ards); operational performance enhancement; due diligence reviews for project and equity financing; and competent persons’ reports in accordance with stock exchange requirements. He is now responsible for establishing and developing the Moscow office in support of SRK’s services to resource industry in the Russian Federation and the CIS.

Mr. L’Huillier is Vice President, Head of Operations at ENRC Kazakhstan. He is responsible for the Group’s operations in Kazakhstan, including Ferroalloys, Iron Ore, Alumina and Aluminum and Energy Divisions.
Patrice oversees the development and implementation of the Group’s Health and Safety and environmental initiatives, cost efficiency and enhanced productivity programmes, as well as corporate procurement. He is also responsible for the implementation of the Group’s CAPEX projects.
Mr. L’Huillier has extensive experience in the metals and mining industry, particularly in the production of the aluminium, silicon and copper. Prior to joining ENRC in 2009, he spent more than 14 years with the leading international companies RUSAL, Alcan-Pechiney and KME.

Yerzhan Ospanov has 25 year experience in metallurgical and administrative sector.
He was born in 22 October 1962, graduated Kazakh Polytechnical Institute with a specialization in “Non-ferrous metallurgy” and Kazakh State Economical University on “Economy and Industry planning”. Has MBA degree of the Academy of National Economy affiliated to the government of Russian Federation. Has PhD degree.

In 2007 he was elected as a deputy of Karaganda oblast Maslikhat on Severny district №37 of Balkhash region. Yerzhan Ospanov is a member of Standing Committee on Budget and Finances of Karaganda Oblast Maslikhat. In 2008 Yerzhan Ospanov was awarded an anniversary medal “10 years of Astana”.

Married, has 3 children.

• From 2009 – to present – KazakhGold (MMC Kazakhaltyn JSC), General Director,
• 2008–2009, Norilsk City Administration, Head of Administration (appointed on the basis of voting competition)
• 2006–2008, “Norilsk Supply Complex”, General Director
• 2005-2008, “Norilsk Mining and Metallurgical Plant named after A.P. Zavenyagin”, Director (part-time)
• 2001-2007, “Norilsk Nickel”
• 2005-2007, Deputy Director, Head of multysector supply directorate
• 2001-2005, Chief Accountant – Head of Accounting and Reporting Department
• 2000-2001, “Norilsk Mining Company”
  First Deputy Head of Financial Directorate, Head of Tax Department

Vitaly Nesis has served as Polymetal’s CEO since 2003 and as a member of the Company’s Board of Directors – since 2004. In 2002‐2003 he headed “Vostsibugol” a major coal mining company based in Eastern Russia. In 2000 Vitaly Nesis worked at Ulyanovsk Auto Plant as a VP Strategic Development. From 1997 to 1999 he worked as an analyst at Merrill Lynch investment bank in New York, and from 1999 to 2000 – as an analyst at McKinsey’s Moscow office. In 1997 Mr. Nesis graduated from Yale University, New Haven, USA with a bachelor degree in Economics.

Chris graduated in 1995 with a degree in Geology from Southampton University and was employed by Rio Tinto Exploration as part of their graduate intake scheme. He has held posts within Rio Tinto Exploration as a Project Geologist based in Central Europe and Turkey before completing his Masters on Mining and Exploration Geology at the James Cook University in Australia. Chris went on to manage exploration operations in North and South America as well as Central Africa, before taking on the role of Exploration Executive based in Rio Tinto’s head office in London. During his career within Rio Tinto Chris has undertaken secondments at the following group operations; Northparkes, Porphyry Copper in Australia and Boron, Borates in the USA. Chris has broad experience in exploring for all primary commodities of the Rio Tinto group portfolio. Chris is currently the General manager for exploration in Central Asia with a remit to grow Rio Tinto’s presence within the region.

Vladimir Sergeevich Schkolnik was born 17 February 1949 in Serpukhov, Moscow Region. After graduating from Moscow Physics and Engineering Institute in 1973 started his career as physics engineer at the Mangyshlaksky Power Plant.

From 1996 to 1999 – Minister of Science, President of the Academy of Science of Kazakhstan;
From 1999 to 2000 – Minister of Energy, Industry and Trade of Kazakhstan; From 2000 to 2002 – Deputy Prime Minister of the Republic of Kazakhstan, Minister of Energy and Natural Resources of Kazakhstan; From 2002 to 2006 – Minister of Energy and Mineral Resources of Kazakhstan;
From 2006 to 2007 – Minister of Industry and Trade of Kazakhstan; From 2007 to 2008 – Deputy Head of Adminis‐ tration of the President of Kazakhstan;
From February 2008 to May 2009 ‐ Minister of Industry and Trade of Kazakhstan; In May 2009 became the Head of National Uranium Mining Company “Kazatomprom”

In 2006-2008, N. Ryspanov headed Kazprom-Nerud Consortium, worked at the development of non-metal industry of the RK. Several non-metal deposits were developed, an association of non-metal operation was established, and two conferences of the industry were held. Scientific work for application of dolomite products in the industry and agriculture was carried out.

Over the 2008 to 2010 period, N. Ryspanov held the office of the Deputy Director of the Industry Committee, meanwhile supervising the mining and smelting complex of RK; later he headed a directorate responsible for management of the mining assets of Samruk-Kazyna National Welfare Fund Samruk-Kazyna, including supervision of Kazatomprom and Kazakhstan-Engineering National Companies and participation in establishment of Tau-Ken-Samruk national mining company, Consolidated Chemical Company and Tau-Ken Altyn.

Since 2009, he has held office of the Vice President, NAC Kazatomprom, being in charge of production, scientific and technological development and education; N. Ryspanov is Deputy Chairman of the Scientific and Technical Council of NAC Kazatomprom.

N. Ryspanov was successively given titles of Academic Advisor, Corresponding Member of the National Engineering Academy of the Republic of Kazakhstan, awarded by badges of honor, namely: Kenshy Danky – 3rd degree (Mining Glory – 3rd degree), Honorary Non-Metal Miner of Kazakhstan, Excellent Non-Metal Miner, Honored Mechanical Engineer of Kazakhstan, 15th Anniversary of the Engineering Academy of RK.
He has more than 40 scientific works, 1 monograph.

She became a director of the UK Atomic Energy Authority in 2002 and has been its Chairman since 2004 and has subsequently been referred to in Private Eye as, “The Atomic Kitten”. She is also Chairman of the School of Oriental and African Studies and Deputy Chairman of Forte Energy (Australia). She is Co-Chairman of the UK/US Task Force on Corporate Governance. From 2003-2006 she was Deputy Chairman of the UK Financial Reporting Council. She is a Member of the Governing Body of the Ditchley Foundation and a Member of the Trilateral Commission. She is also an Independent Director of Massey Energy Inc (USA), Magna International (Canada) and Bekaert NV (Belgium).

He graduated from the Moscow Power Institute (College of Physics Engineers). From 1985 to 2003, Mr. Zhivov held various positions in government bodies and business structures. He was appointed Deputy Director General for Corporate Development of GaspromMedia in 2003. Mr. Zhivov was Vice President of Capitel Corporation from 2004 to 2006, and Deputy Director General of TENEX from 2006 to August 2007.

Mr. Zhivov was appointed First Deputy Director General of Atomredmetzoloto in August 2007, and Director General in November 2007.

Development, structuring, and management of Russian and international projects in energy and nuclear machine-building, natural uranium production, mass communications, development and structuring of international corporations are among Vadim Zhivov’s core competencies.

Mr. Jean Nortier was appointed President and Chief Executive Officer of Uranium One Inc. and to the company’s Board of Directors in August 2008. Prior to his appointment as President and Chief Executive Officer, Mr. Nortier served as interim Chief Executive Officer of Uranium One since February 2008. Immediately prior to his appointment as interim Chief Executive Officer he was Executive Vice President, Business Development and has also served as Uranium One’s Chief Financial Officer. Mr. Nortier is a former Chairman of Aflease Gold, a former subsidiary of Uranium One Inc. He has also served as Group Financial Executive of the TBB Holdings Group, and as CEO of the Sovereign Group. Mr. Nortier holds a Bachelor of Commerce (Honours) from Stellenbosch University in South Africa and qualified as a chartered accountant in South Africa.

Graduated from the Faculty of Journalism of the Moscow State University. In 1986 started his career as an editor in News Agency “APN” in Moscow. At the same time worked as freelance interpreter for the US Embassy. From 1992 joined Cameco Corporation (Canada) as the Government Relations Manager at Joint Venture Inkai in the Republic of Kazakhstan. In 2002 was appointed a General Director of JV Inkai.

Tim McGraw was named as Executive Vice President of NUKEM, Inc. in May of 2008, having previously served in senior executive positions at NUKEM, Inc. for a number of years. Since joining the company in 1995, Mr. McGraw has been instrumental in developing the company’s strategic direction in the Commonwealth of Independent States (CIS). Prior to his career at NUKEM, Inc., he held the position of Area Director for a U.S. company engaged in the sale and servicing of Western medical equipment in the CIS.

A frequent traveler to Uzbekistan, Kazakhstan and Russia, Mr. McGraw is thoroughly fluent in the Russian language, a subject he first took up in high school. He graduated from Dickenson College Phi Beta Kappa and magna cum laude in 1987 with a B.A. in Political Science and Russian. Mr. McGraw subsequently received his Master of International Affairs with concentration in international business and Soviet studies from Columbia University in 1989.

Phil is a Mining Geologist with over 25 years experience of providing consultancy services to minerals companies throughout the world, with particular specialisation in CIS, Europe, Central and West Africa, and China. He has developed an extensive portfolio of exploration and mining-related contracts, from project management through to technical audits of a large variety of metalliferous and industrial mineral deposits. He began his career as an exploration geologist with the Robertson Group, working extensively on gold and base metal projects in North Africa, before moving on to pursue a PhD in exploration geochemistry. This was followed by a period as lecturer at Camborne School of Mines, in conjunction with an active role as a consulting geologist. From there, he moved on to his present position as Director with Wardell Armstrong International (formerly CSMA Consultants Limited).

Kirill has been working in Bateman since August 2008. He graduated from Moscow Institute of Steel and Alloys in 1995, specializing in Minerals processing (Base and rare metals ores processing technologies). Kirill undertook qualification upgrade in the Academy of National Economy under the Government of Russian Federation. His previous experience includes MMC Norilsk Nickel, Polyus CJSC.

Nick is an environmental scientist with broadly based experience in the mining and minerals industry. He has worked extensively with government and regional authorities and institutions for mineral planning, mining administration, environmental protection, industrial development and finance. He is fully conversant with national and international guidelines, procedures, regulations and standards for the mining and quarrying sector.
As an ecologist and landscape scientist Nick has extensive experience (29 years) of mine closure, mine reclamation, environmental audit, due diligence and assessment of environmental liabilities in the mining and quarrying sector. He has been responsible for the preparation of good practice guidance for mine and quarry reclamation, published by MIRO, UK DoE and DEFRA. His experience covers metalliferous mines, coal, kaolin and construction aggregate mining and quarrying in the UK and overseas.

John is a professional mining engineer with more than 40 years of experience in the mining sector both as an operational manager and as an international consultant. John held senior positions with direct responsibility for mining and processing engineering and operations and was Vice President of Macintyre Mines, a big Canadian mining company with precious metal, copper and coal interests. John worked in a wide range of mining operations including ferrous, non‐ferrous, polymetallic, precious metals and coal. He has been Project Director on numerous assign‐ ments for a wide range of clients, principally in CIS countries. John has worked extensively in Central Asia since 1992 on projects in Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. For the past 17 years John has principally worked in the FSU where he is IMC Montan’s resident Director in Moscow responsible for all IMC Montana activities in the FSU.

Andrey is a specialist in mining machinery and technology. He graduated from Moscow State Mining University. Before joining IMC Montan Andrey had experience in construction of underground facilities and open-pit mining of mineral resources. During his work in IMC Montan Andrey actively participated in and managed a great deal of projects related to estimation of resources and reserves, development of projects to international standards, optimization of mining and production processes at open-pit and underground mines developing solid minerals.

Graduated in 1985 with a BSc in Geology from Carleton University in Ottawa Canada. Started his career with Bondar Clegg and Co. and has worked for 25 years in the Laboratory services business in Canada, South Africa, Ghana and Jamaica both for commercial laboratories and Mining companies. He is currently the Divisional Managing Director of Stewart Group, heading up the Assay and Geochemical Division since 2007.

David Pearce is a Principal Consultant with SRK Consulting and has more than 20 years experience in the international resource industry. Prior to joining SRK in 1999 he has held senior management positions at a number of bulk commodity open‐pit operations in Asia and Sub‐Saharn Africa. In the past five years he has been directly responsible for managing the mining team at SRK (UK) Limited and has personally led mandates in the areas of: technical studies ranging from conceptual to feasibility level (bankable stand‐ ards); operational performance enhancement; due diligence reviews for project and equity financing; and competent persons’ reports in accordance with stock exchange requirements. He is now responsible for establishing and developing the Moscow office in support of SRK’s services to resource industry in the Russian Federation and the CIS.

Andrey Nadeyn is the Head of MINCOM representative office in Russia and CIS. He has over 15 years’ experience in automatization of large industrial enterprises, finance and insurance market companies and public sector organizations in Russia and Kazakhstan. Prior to that, he was a Vice-President for regional development in TopS Business Integrator company, Sales Vice-President in WDI company, Executive Director and co-founder of Actis System company, had worked on USAID projects of privatization and development of Kazakhstan’s stock market in Deloitte, Ernst & Young and Pragma Corp. for 6 years. He graduated from Karaganda State Technical University (former Karaganda Mining Institute) with a degree in Mining Business Management.

Alexander Lopatnikov is a managing director of American Appraisal in Russia and the CIS focused at providing valuation opinion and advisory services to the clients in various industries including extractive industries and utilities. Among the clients he worked for are the largest corporations and government agencies in Western and Central Europe, Russia and CIS, China, Japan and the U.S. Mr. Lopatnikov is a frequent speaker at the international conferences. His recent speeches and publications addressed emerging issues in IFRS and International Valuation Standards, mergers & acquisitions and valuation in extrac‐ tive industries. He is a full member of the Russian and a Candidate Member of the American Societies of Appraisers as well as a member of the Canadian Institute of Mining, Metallurgy and Petroleum. He is a leader of the Extractive Industries Global Team of American Appraisal.

Mr Bourtsev is currently the Managing Director of ERM Eurasia Moscow and Almaty offices. In 1995 – 2000 Mr. Bourtsev was the Manager of the Dames & Moore Representative Offices and Chief Representative in Russia and Kazakhstan and General Manager of IT Group Russian and CIS Operations. Mr. Bourtsev has over 25 years of progressively increasing responsibility in consulting and administrative work, environmental management, environmental/social assessment and review, and development of environmental legislation in the former Soviet Union and internationally. Mr. Bourtsev has a long term and unrivaled experience in EIA/SEIA preparation and review, environmental permitting, public consultations and disclosure procedures and stakeholder involvement and training in the former Soviet Union countries.

Gabriel de Lastours joined the EBRD in 2006 as an Associate Banker in the Bank’s Natural Resources team within the Energy Business Group. Since 2006, he has worked on a variety of mining and hydrocarbon financing projects in Eastern and Central Europe and in the CIS, including coal and precious metals mining projects. In 2010, Gabriel transferred to the Almaty Resident Office with the objective to develop the EBRD’s Natural Resources portfolio in the country. Prior to joining the Bank, Gabriel was a senior consultant with Ernst & Young’s Transaction Advisory Services in Paris, where he worked on corporate transactions and oil & gas and mining advisory assignments, and previously as an analyst for Credit Lyonnais (Calyon) in New York in investment banking. Gabriel is a graduate from the ESSEC Business School in Paris and holds a BA from the University of Paris IV – Sorbonne.

Bairam Valiyev has joined Merrill Lynch in the middle of 2007. Prior to joining Merrill Lynch, he had been leading Capital Markets team covering Kazakhstan and Ukraine at ING. Bairam Valiyev’s experience with ING extends to 6 years.
Prior to that, Bairam spent 5 years at corporate and investment banking team at Citigroup Kazakhstan, covering oil & gas, and transport & communications sectors along with account of the government of Kazakhstan.
Finance from the University of Notre Dame and is a CFA charter holder.

In 2000 he graduated from the Moscow State Institute of International Affairs (MGIMO), BA in International Economic Relations and in 2002 received Master degree with distinction, (MGIMO, World Economy). In 2005 he graduated from the London School of Economics and Political Science (LSE Executive).
In 2002 he joined the Investment Committee of the Ministry of Foreign Affairs and then the American Desk of the Foreign Ministry. Since 2003 he continued diplomatic career in the Kazakhstan Embassy in London developing bilateral economic relations and dealing with financial sector and the City of London. Among responsibilities at the Embassy was cooperation with business media.
Since October 2007 – Deputy Chairman of the Agency of Kazakhstan on Regulation of Activities of the Regional Financial Centre of Almaty city

Jon Edwards is responsible for developing the London Stock Exchange’s business in Russia and the CIS. Mr. Edwards has been working to promote both Main Market and AIM to Russian and CIS companies and advisors.

One aspect of his work is facilitating communication between the City investment community and the CIS countries. Mr. Edwards is a frequent traveller to Russia, Kazakhstan and Ukraine and has also organized conferences in London to promote CIS companies to the investor community in the UK.

Mr. Edwards studied at Columbia University where he received his BA degree in Russian studies and joint JD/MBA degree in business and law. He joined the London Stock Exchange in August 2003, before which he worked on private equity transactions for Incepta Ventures UK Limited, Delta Capital and BNP-Invest. Mr. Edwards has more than ten years of experience working with CIS companies in the natural resources, consumer products, real estate and TMT sectors.

Mr. Djumanov has over 13 years of investment management, investment banking, and advisory experience in emerging markets of Central and Eastern Europe and Eurasian countries including Russia, Kazakhstan, Ukraine, Uzbekistan, Azerbaijan and Mongolia. He has worked in major international financial centres such as New York, London and Zurich.

Mr. Djumanov is Chairman of Eurasia Capital Group, a Singapore‐based holding group with extensive investments in Central Asia. He leads Eurasia Capital Management, investment management firm with offices in Almaty, Kazakhstan and Ulaanbaatar, Mongolia that manages a number of investment funds focused on investments in Central Asia, Mongolia, Russia and China. He was Vice President of Auerbach Grayson & Co., a brokerage house in New York advising US institutional investors on portfolio investments in emerging markets in Europe, Middle East and Africa (EMEA). He was Head of Corporate Finance in Central Asia and the Caucasus at Ernst & Young as well as investment banker at Renaissance Capital in Moscow and Credit Suisse First Boston in Zurich and London. Mr. Dju‐ manov received his Master of International Affairs from Columbia University and an MBA from Oxford University.

Senior Consultant, Mining Valuation
American Appraisal (AAR), Inc.

Mr. Pavlov joined American Appraisal in 2006. Before this, he worked for St. Petersburg State Mining Institute as a mining engineer.

Vyacheslav is a senior consultant, specializing in the valuation of the companies of mining and engineering industries.

Mr. Pavlov graduated from St. Petersburg State Mining Institute, Mining and Electromechanical Department. He is a Master of techniques and technologies (Mining Engineer).

He repeatedly spoke at the Annual conferences “Russian underground resources and theirs development” SPMI 2002-2005, “Miner week” (MSMU) in 2003, 2004, 2005.

Elena Amirkhanova is Principal Consultant/Project Manager and Lead on Impact Assessment and Planning Services in ERM Eurasia Moscow office, with experience in managing environmental and social assessments and stakeholder engagement procedures, as well as Environmental, Health and Safety and Social Due Diligence projects in accordance with international and national requirements.

Elena manages projects for International Financial Institutions (EBRD, ADB, IFC, EIB etc.) and multinational companies in different industries (metals, mining, infrastructure etc.) in Kazakhstan and Russia.

Prior to joining ERM she has worked for Trans-Siberian Gold Management for which she was the Environmental Manager with responsibility for the environmental and social issues at four gold deposits. Mrs. Amirkhanova graduated from Lomonosov Moscow State University and has also wide experience working with international organizations such as United Nation Development Program, GEF and US Fish and Wildlife Service.

Stephan has almost 20 years of banking experience including 10 years in project finance. He spent the last 4 years in the Singapore team of UniCredit’s Project & Commodity Finance department where he was responsible for natural resources projects in Asia/Pacific. In Singapore he structured and financed a number of mining and oil & gas transactions, for which Unicredit acted as Sole Mandated Lead Arranger and Underwriter, e.g. for Straits Asia Resources, Leed Petroleum and IB Daiwa. Since Stephan’s return to Munich he has been focussing on Mining transactions globally, e.g. for Mirabela Nickel and an Ukrainian coal prospect. Stephan joined Unicredit’s predecessor organisation HVB in 1994 and was trained in the corporate division of the bank. From 1997 until 1998 he was in charge of the bank’s correspondent banking business in Southeast Asia, and then joined Project and Structured Finance in 1998. Stephan holds a Master Degree in Business Administration from Munich University, Germany.

Dr Mike Armitage is the Managing Director of SRK (UK) Ltd and a Principal Mining Geologist with twenty years experience in the industry. Prior to joining SRK he worked on gold mines in South Africa and also completed a PhD at Renco Gold Mine in Zimbabwe. At SRK he is responsible for managing feasibility studies and stock exchange competent persons reports on behalf of mining companies and also audits and due diligence studies on behalf of investment institutions or in support of mergers and acquisitions.

He has written several papers on resource and reserve estimation methodology and classification and was until recently the joint course co‐ordina‐ tor of an MSc in Mineral Resources at Cardiff University. He also has a significant amount of experi‐ ence in Russia and the Former Soviet Union having managed the preparation of several due diligence studies and competent persons reports on behalf of companies with projects in these countries and also investment institutions seeking to finance projects in these countries.

Mr. Bobir is responsible for production, technical development, modernisation and implementation of innovative technologies at ENRC’s operations in Kazakhstan, including Ferroalloys, Iron Ore, Alumina and Aluminium and Energy Divisions.

Vladimir has been working at the Group for more than 15 years, starting his career as a metallurgy manager at TNC Kazchrome JSC, and working as the Head of Technical Development Department at Eurasian Industrial Association, predecessor of ENRC.

Mr. Bobir is a graduate of Satpayev Kazakh Polytechnic Institute and has an extensive academic, scientific and engineering experience in metals industry. He had been holding position of the research scientist at Kazakhstan’s Academy of Science Institute of Metallurgy and Beneficiation for 10 years. Vladimir has received three inventor’s certificates and three patents. He is also the author of eight scientific works and co-author of ten scientific reports.

From 2001 – head of GKZ directorate (since 2007 – directorate of natural resources evaluation) of the Geology and Natural Resources Committee of the Ministry of Economy of Kazakhstan. From 2004 – Deputy Chairman of GKZ RK. Specialist in exploration, reserves evaluation and geologi‐ cal‐economic evaluation of natural resources, Master of Geological and Mineralogical Studies, Corresponding Member of Academy of Mineral Reserves of Kazakhstan, discoverer of the Syrymbet deposit. Awarded honorary badges “Kazakhstan munaiyna 100 zhyl”, “Excellence in exploration”, “Honorary Explorer”.

Graduated from Moscow Geological and Exploration Institute (MGRI), specialising in Mining Engineering.

• ‐ Candidate of Geo‐Mineralogical Science.
• ‐ Professor of the Russian Mining and Geological
• University (RGGRU).
• ‐ Expert of GKZ RF (State Committee on Reserves
• Russian Federation).

Paticipated in reserves valuation, feasibility studies and expertise in a number of gold‐bearing and other mineral deposits (Transbaikalia, Ronneburg, Kommunar, Natalka, Nezhdaninskoe, Svetloe, Hiagda). Main business activities: methodology of explora‐ tion and reserves valuation, computer analysis of geoprospecting information, special software on reserves valuation, mining planning and design.

Professor of the Methodology of Mineral Reserves Exploration Department of Moscow State Mining Ex‐ ploration University. Graduated from Moscow Min‐ ing Exploration Institute in 1967 as a Mining Engineer – Geologist. 1977 – became a Candidate of Geologi‐ cal‐Mineralogical Science. Since 1974 – Expert of GKZ (State Reserves Committee), since 2003 – Top Cat‐ egory Expert certificate No 054). Completed more than 70 expert conclusions on reserve calculations and feasibility conditions for gold bedrock and placer deposits, diamonds, platinoids, volframite, bed‐rock iron deposits, manganese, titaniummagnetite ores, polymetals, silver, bauxites, apatite, copper, fluorite.
Main business activities

• ‐ methodology of exploration and reserve calculation for uranium deposits (Yakutia, Zabaikalye, Middle Asia, Kazakhstan, Karelia, Ukraine); ‐ exploration of gold placer deposits and titanium‐zirconium sands (Khabarovski territory, Baltics);
• ‐ method of sampling and reserve calculation for diamond deposits (Arkhangelski region);
• ‐ method of exploration and reserve calculation for gold deposits (Middle Asia);
• ‐ geological survey, exploration and evaluation of gold bedrock and placer deposits (Congo Republic, Mali Republic).

He is an author of a number of articles about methods of exploration, sampling and reserve calculation of the mineral reserve deposits; mathematical methods in geology, structural geology and geological mapping.

Mikhail Leskov, General Director (CEO) of NBLgold since 1992, is a metallurgist with more than 25 years of managerial, operations, design and consulting experience in the precious metals and gemstones industry. Originally trained in Moscow Institute of Steel and Alloys as a mineral processing engineer with a focus on design of treatment plants, now he is mostly focused on bankable studies, cost and risk control, technical audit for M&A and fund rising purposes etc. for various ferrous, base and precious metals properties primarily in CIS and Mongolia

Mikhail is a Principal Exploration Geologist with SRK Exploration Services. He has more than 20 years experience in exploration, mining and scientific projects in Asia, Europe and North America. Mikhail has a strong academic background and completed his Ph.D. on geochemistry and the ore potential of the komatiite formation of the Southern Siberia. In his career he has been in receipt of several scientific and industrial research grants in Russia and Germany. Mikhail has over 15 years experience working as a Resource Database Manager, Principal Exploration Geologist and Exploration Manager for Canadian, American and Mongolian exploration and mining companies. He has been the author of publications, reviews and reports and is specialized in exploration for uranium, potash, PGE, Gold and base metals. He is currently based in Moscow coordinating SRK ES projects for Russian, Asia and CIS.

Serikjan Urbisinov has extensive geological industry experience working on various exploration and mining projects throughout the world. He actively participated in gold exploration programs of Orvana Resources Corp. and ASARCO Inc. in the USA, Canada and Central Asia. He also participated in company’s negotiations with the state organizations of Kyrgyzstan and Kazakstan in obtaining concession areas. He possesses strong computer skills due to his degree in Computer Science and over 6 years of experience in the software development.
For the last three year, Serikjan Urbisinov is a member of Micromine Geology Consulting Group that specializes in the resource modeling and evaluation, using various mining software packages.

Graduated from the Bauman Moscow State Technical University, Mechanical Engineer.

Doctor of Technical Science, professor, academician of the National Engineering Academy of the Republic of Kazakhstan, academician of the International Academy of Informatization.

He started his career as an assistant in the Karaganda Polytechnic Institute and became the First Vice-chancellor of the Karaganda State Technical University.

• 2004 – 2006 – Director of Department, Chief of Administrative Office, Ministry of Education of the Republic of Kazakhstan.
• 2006 – 2007 – Chairman of the Aerospace Committee, Ministry of Education of the Republic of Kazakhstan.
• 2007 – 2008 – Vice-Chairman of the JSC “National Scientific and Technical Holding Company “Samghau”.
• Since April, 2008 – First Vice-President of the JSC “National Company” Kazakhstan Gharysh Sapary”.

Has a state award – “Kurmet” Order.