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Consolidated Minerals (Consmin) aims to be the maximum efficient and market focused supplier of manganese ore and be strategically positioned in other steel making commodities. The company undertakes focused exploration programmed and will also grow through selective investments and acquisitions. Consolidated Minerals (Consmin) aims to be the most efficient and market focused supplier of manganese ore and be strategically positioned in other steel making commodities. The company undertakes focused exploration programmed and will also grow through selective investments and acquisitions: Being a global diversified resources company means persistently striving for and achieving leadership in safety, product quality, gain growth, reliability of supply and operational innovation and efficiency. Delivering industry leading growth involves optimizing and expanding our vogue operations and taking value adding exploration and acquisition opportunities around the world. Delivering returns to our shareholders necessitates the effective management of our existing assets, businesses and growth prospects in other minerals, thereby creating sustainable value. Consmin is a leading manganese ore producer with mining operations in Australia and Ghana, and with headquarters in Jersey. While the Board of Directors has overall responsibility for establishing the strategy and objectives of our Group, and for determining positive reserved matters principally relating to specified events outer the ordinary course of business (including approval of any distributions to the Consmin’s shareholder, approval of any important changes to accounting policies or practices and approval of any changes to the Consmin’s capital structure). The Company has delegated operational management of the Group to the Group Executive Committee, which, among other things, has specific authority to: Regulate the financial, operational and safety performance of our operating companies. Control Boardapproved strategies, plans of action, risk policies, annual budgets and business plans. Approve capital expenditure and operating expenditure in respect of our Australian and Ghanaian operations overhead and below certain thresholds. Establish and maintain Group policies, including in respect of personnel matters. David has previously worked in finance for a number of important multinational listed companies and private equity businesses. The Company is managed by the Board of Directors, which is made up of one executive and three non executive directors. Operational management decisions of the Group are made by the Group Executive Committee (DEC), below its delegation to the Board. The Board has established four standing committees which support the Board with their responsibilities, as set out in the Schedule of Matters Reserved for the Board. The committees, which will report directly to the Board, are:.Read more...
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