Board of Directors
Executive Director, Chief Executive Officer (Non-independent)
Tony Weber is a co-founder of Universal Coal and a mining engineer with over 15 years’ experience in project assessment, finance, development and operations. Tony was previously an executive director of Nkwe Platinum, an Australian listed Platinum developer. Prior to joining Nkwe Platinum in 2003, he worked for Anglo Platinum as Operations Manager at the 40-60 million tonne per annum Potgietersrus Platinum Mine and at the Gamsberg Feasibility Study for Anglo American Operations.
Previously, Tony worked at the New Clydesdale Colliery and the Greenside Colliery for GFSA and for a brief period at the Prosper Hanniel Colliery in Germany.
He has significant skills and experience in coordinating project feasibility studies and hands-on operational experience in the coal extraction industry.
Executive Director (Non-independent)
Shammy Luvhengo is a qualified investment banker who started his career as a geologist with Exxaro Resources before moving into the investment world. Shammy worked for Investec Bank and Nedbank Capital, structuring and implementing project finance and BEE deals within the resources industry. Prior to joining Universal Coal, he worked at Nkwe Platinum Ltd as Head of Business Development and Investor Relations.
Non Executive Chairman (Independent)
John Hopkins is a professional company director and former lawyer. John has over the past 30 years been on the board or chairman of more than 20 public listed resource companies (both in Australia, UK and Canada) and as such has been involved in the financing and development (and subsequent M & A activities) of many energy (both coal and oil and gas), gold, base metals, mineral sands and other resources.
He currently also chairs Wolf Minerals Ltd (ASX and AIM listed) and has in the past 7 years overseen its transition from explorer to major western world tungsten producer. John is also a Fellow of the Australian Institute of Company Directors and was awarded the Medal of the Order of Australia in 2015 for services to the minerals and resources sector.
Non Executive Director (Independent)
Henri Bonsma is a qualified lawyer and successful businessman with interests throughout South Africa. Henri has been actively investing in the South African mining industry for over a decade. He is a co-founder of Universal Coal and has been involved in the establishment of various other junior Chrome, Platinum, and Iron Ore companies and promoted several listings on the JSE, AIM and ASX.
Non Executive Director (Non-independent)
Dr. David Twist, has a BSc (Honors) in geology from the University of Reading (U.K.) and a PhD in Geology from the University of Newcastle upon Tyne (U.K.) and has more than 30 years’ experience in geological research, exploration and developing mineral resource projects.
Among others, he is the co-founder of Sephaku Fluoride (Pty) Limited, African Precious Minerals and APM Mining, Sephaku Holdings Limited, Taung Gold (Pty) Limited and Sedibelo Platinum Mines Ltd. (formerly, Platmin Limited), where he also served as CEO until 2006 He also served as Executive directors for most of the companies mentioned above.
He is a Founding Partner at African Minerals Exploration & Development Fund(AMED), one of Universal Coal’s largest shareholders and has been appointed to the Universal Board as representative of AMED.
Non Executive Director (Non-independent)
Carlo Baravalle spent several years in strategic consulting, working on assignment for many large French conglomerates between Paris and the USA. Carlo then started in the telecoms industry, firstly with BT, starting new ventures outside the UK, and then as a Director of the Corporate Finance Telecoms team at Warburg. He then returned to the industrial side of telecoms with a senior global position at Lucent Technologies. At this point in his career he started getting gradually involved with private equity industry, first taking a senior assignment with a company owned by Apax Partners as MD International and Main Board Member at The Exchange FS, and later as Senior Vice-President for EMEA, Asia and LatAm for LCC, a telecoms engineering company initially invested by the Carlyle Group.
In 2006, together with two partners he launched a private equity fund of funds aimed mainly at Italian institutional investors. The Fund raised over $150million and is successfully invested in mid-cap and restructuring funds and co-investments globally. Carlo leads the structuring, financial and tax aspects of the projects in addition to the structuring and operations of the Fund, and compliance. He is also responsible for the activities and relationships with the fund administrators, the custodian bank and the auditors.
Carlo has an MBA from INSEAD