Company Overview

Provider of drilling services, drilling equipment and performance tooling for mining and mineral drilling companies globally.

Directors and Management

Mr Tye Burt

Non-Executive Director 23/08/2019

Mr Burt have more than 30-years experience in the global mining and finance industries in both executive management roles and serving on several boards. From 2005 to 2012, Mr. Burt held the role of President and CEO of Kinross Gold Corporation. Prior to joining Kinross Gold, Mr. Burt held the position of Vice Chairman and Executive Director of Corporate Development at Barrick Gold Corporation. Other previous positions include: Chairman, Deutsche Bank Canada and Deutsche Bank Securities Canada; global Managing Director, global metals and mining for Deutsche Bank AG; and Managing Director and Co-head of the global mining group at BMO Nesbitt Burns. Mr Burt is a member of the Audit Safety and Risk Committee.

Grad,BA Male

Mr Conor S Tochilin

Non-Executive Director 17/01/2020

Mr Tochilin is a Managing Director at Centerbridge Partners, L.P., a major shareholder in the Company. Centerbridge Partners, L.P. manages approximately $29 billion of assets with a focus on credit, special situations, and private equity. Prior to joining Centerbridge Partners, L.P., Mr. Tochilin was an Associate at TPG-Axon Capital Management in New York and London and a Business Analyst in McKinsey's Corporate Finance Practice in New York.

AB(Eco&Phil), MBA, JD Male

Mr Jeffrey Olsen

Chief Executive Officer,Executive Director,President 01/04/2014

Mr Olsen served as Chief Commercial Officer for Rio Tinto's Iron & Titanium business since 2010. Prior to that time, he was Chief Financial Officer for Rio Tinto's Borax and Minerals divisions for approximately eight years and held other financial roles at Rio Tinto. Mr. Olsen's experience also includes financial roles at General Chemical Corporation and Xerox Corporation in the United States.

BA, MBA Male

Mr Jason Ireland

Non-Executive Director 01/09/2017

Mr Ireland is based in Sydney, Australia and is a Partner of McGrathNicol. He has over 25 years of experience in strategic reviews and implementation of performance improvement and restructuring initiatives across a range of industries. In the past ten years, he has spent considerable time in the mining services sector, advising boards and financiers on operations in key mining regions around the world. Prior to joining McGrathNicol in 2005, Mr. Ireland was a Senior Manager at KPMG.

BBus, MICA Male

Mr Matthew Sheahan

Non-Executive Director 01/09/2017

Mr Sheahan is a Managing Director in Ares Management, where he focuses on special situations investing. Prior to joining Ares in 2010, he was a Senior Analyst and the Head of the Los Angeles office at Silver Point Capital, L.P. Previously, Mr. Sheahan was a Vice President at the Trust Company of the West, where he gained experience on distressed investments and restructurings. In addition, he was a member of the Investment Banking Group at Donaldson, Lufkin & Jenrette Securities Corporation.

BA (Hons),CFA Male

Mr Robert Smith

Non-Executive Director 01/09/2017

Mr Smith is a Partner of McGrathNicol. Based in Melbourne, Australia, he specialises in business restructuring and performance improvement and has led numerous complex assignments often involving prominent listed entities and/or multi-lender banking syndicates. Mr. Smith's experience covers a wide variety of industries, including mining and mining services, energy, power and utilities, manufacturing, retail, media, information technology and financial services. Prior to joining McGrathNicol in 2009, Mr. Smith was an Associate Director in Ernst & Young's Transaction and Assurance divisions. Mr. Smith began his career as an accountant with Arthur Andersen.

MCANZ&A, MAICD, BCom, GDAF&I Male

Mr James Kern

Non-Executive Director 29/09/2017

Mr Kern has served as Managing partner of Majestic Ventures 1 LLC, a consulting and investment partnership focused on early stage growth companies, since 2014. In addition, he currently serves on boards of THL Credit Inc. (NASDAQ), a middle market lending company, and Basic Energy Services (NYSE), an oilfield services company. From 2010 to 2014, Mr. Kern was a Managing Director at Nomura Securities, serving as Head of Global Finance Financial Institution Group (FIG) and Specialty Finance Investment Banking for the Americas. He previously served as Managing Director at J.P. Morgan securities within the FIG practice and was focused on Asset Management and Specialty Finance clients. From 1994-2008, he was a Senior Managing Director at Bear Stearns, where he held several positions, including Head of Strategic Finance-FIG, head of Corporate Derivatives and was a founding member of the firm's Structured Equity Products group. Mr Kern is a member of the Audit, Safety & Risk Committee.

BS Male

Mr Kevin McArthur

Non-Executive Chairman,Non-Executive Director 01/09/2019

Mr McArthur brings more than 35-years experience in the global mining industry and over 20 years in CEO and Director positions. Most recently he held roles as the Founder, President and CEO of Tahoe Resources Inc. and prior to that was the President & CEO of Goldcorp Inc.

BEng(Mining) Male

Mr Rubin McDougal

Non-Executive Director 01/03/2020

Mr McDougal is the Chair of the Company's Audit, Safety and Risk Committee. He has also held several international company senior finance positions including Chief Financial Officer positions.

MBA, BA Male

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Director Transactions