The mine is operated by Mineral Resources Limited (ASL: MIN) under an ore buy agreement with BC Iron and is generating low risk royalty earnings for the Company. BC Iron also has interests in a number of other former stage projects in iron ore, sulphate of potash (Carnegie Joint Venture) and salt (Marcie Project) as well as potential iron ore royalties over the Nullagine, Koodaideri South, Extension and Breakaway tenements. The Company is also targeting new opportunities with a strong value proposition and near term earnings potential, including in commodities other than iron ore. Indigenous Partnering Employment Development Policy. He has more than 25 years' experience with considerable mining houses in technical and commercial management roles covering the complete supply chain from mine to market for iron ore, coal and other minerals. Michael has served on abundant ASL listed companies and notforprofit boards and is currently the Chairman of Precision Opportunities Fund Ltd, a specialist trivial to temperate cap fund. Ms Bloom has an extensive business background with experience in the private and public sector and is currently the Deputy Chair of the Waste Authority Western Australia. Ms Flourish held senior positions with Ansett Australia leading tall smooth change projects across various areas of the business including major operational business realignment. Resource sector developments for Council consideration included onshore shale oil and gas and mineral sands projects. Mr Bryant has extensive international business experience with a particular focus on Asia, having worked in various senior management roles in China, Vietnam and the Philippines over the last 20 years. Prior to this, Mr Bryant held senior management positions with other equipment companies. Mr Ha slam is a mining professional with over 30 years of operational and senior executive experience in the Australian mining industry. Before to these roles, he held a number of key operational roles in the mining contracting industry in Australia. He has more than 25 years’ experience in senior executive, corporate advisory and equity research roles. Michael Klvac is a professional in the mining and resources industry with a science and commerce academic background and 20 years’ experience in accounting, business analysis, risk management, business planning and corporate affairs. Michael has spent the majority of his career active for Rio Tito and BP billion where he held a variety of commercial management roles. Towards the last of his time with BP billion, Michael moved into a projects role focused on securing regulatory approvals and government support for new projects. In 2012, Michael was recruited by Iron Ore Holdings (IOU) to manage government relations, regulatory approvals and native title relationships associated with the companies projects and exploration targets. Throughout his career, Michael has obtained broad exposure to considerable commodities, including: iron ore, nickel, gold and uranium and has a comprehensive accepting of open pit, underground and logistics solutions needed for these types of mining operations. He then moved onto work with Newcrest at the Ora Wanda operation from 1994 to 1996 earlier heading overseas to work in Kazakhstan and then Indonesia in project and exploration capacities. He then moved onto work with reseal who was later bought out by gunge Ltd where he carried out resource estimation labor on a expansive variety of deposits and commodities. BC Iron has progressed from a one employee exploration company in late 2006 to a producing iron ore mining company today with a team of enthusiastic, difficult occupied and committed employees. They have been vital in moving us from exploration to mining and continue to shape the coming of BC Iron. The transaction delivered BC Iron a materially increased reserve and resource bottom from two advanced iron ore projects Auckland and Iron Valley and a number of other previous stage projects and royalties over third party projects in the Pilbara. BC Iron’s current focus is on delivering its strategy of maximizing the value of its existing prosperity and becoming a diversified minerals portfolio manager.
BC Iron established the Nullagine Joint Venture with Fortescue Metals Group Limited (Fortescue) in 2009 and achieved a significant milestone of becoming the beginning junior mining company to utilize both third party rail and port infrastructure owned by a major company in the Pilbara in early 2011. The transaction delivered BC Iron a materially increased reserve and resource base from two advanced iron ore projects Auckland and Iron Valley and a number of other older stage projects and royalties over third party projects in the Pilbara. In mid2016, BC Iron commenced a resetting of the Company and its strategy to be more focused on growth. BC Iron’s stylish focus is on delivering its strategy of maximizing the value of its existing assets and becoming
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