Board of Directors

Ferrox has experienced international executive and management teams. They comprise investment, technical and other professionals who are familiar with the South African mining environment.

The operations office is based in Johannesburg while the regulatory and legal teams work from Johannesburg as well as from offices in Canada, the UK, Luxembourg and BVI.

Terrence P. Duffy - Chairman and Director

Terrence Duffy serves as the Chief Investment Officer of Lionhart Group, a hedge fund and a private equity fund. Mr. Duffy has many years of experience in the development of mining operations in South Africa, including Eastern Platinum Ltd. (ELR:TSX) and Petra Diamonds Limited (PDL:LON).

David Sims - Director

For the past 25 years Mr. Sims has provided offshore financial services to companies in USA, Canada, UK, Switzerland, Brazil, Hong Kong, Japan and South Africa and is currently director of several international Hedge Funds.