Mr R. Lucio Genovese, Non-executive Chairman

Mr Genovese has 24 years' experience in both the merchant and financial sector of the metals and mining Industry. Mr Genovese is the CEO of Nage Capital Management in Baar, Switzerland, an advisory firm to Audley Investment Management (Ltd.) He is also a member of the board of Ferrexpo PLC, the Armajaro Commodity Funds and Crossbow Partners AG, Baar, Switzerland. Mr. Genovese was employed at InCentive Asset Management which managed InCentive Capital, a leveraged buyout firm listed on the Swiss Stock Exchange. He was previously employed at Glencore International AG where he held several senior positions including CEO of the CIS region and manager of the Moscow office. Mr. Genovese is a qualified Chartered Accountant of South Africa and has a B.Comm and B.Acc from the University of Witwatersrand, Johannesburg (South Africa).

Tim Wilkes, B.Sc., Chief Executive Officer

Tim Wilkes is a graduate in geology from Kingston University, England and has over 26 years experience on kimberlite and alluvial diamond exploration, evaluation and mining projects worldwide. He spent 18 years with De Beers, where he was General Manager - Mineral Resource Management with responsibility for the management of De Beer's mineral resource portfolio worldwide, and was the Competent Person responsible for the evaluation, classification and reporting of the company's mineral resources and reserves. He is a member of the sub-committee for diamonds of the South African Mineral Resource Committee (SAMREC).

Paul Sobie, B.Sc., P.Geo., Non-executive Director

Paul Sobie is a graduate of Laurentian University, Sudbury, Canada. He is an economic geologist specializing in the exploration and evaluation of diamond deposits, which included the initial economic evaluations of the Liqhobong kimberlites in Lesotho. He has over 20 years' professional experience, including extensive project development for clients in both the junior and senior mining sectors and with a particular focus on Southern Africa. He is currently President and Managing Partner of MPH Consulting Limited of Toronto, Canada, an international mineral exploration, geological and geophysical consultancy. He is a practising member of the Association of Professional Geoscientists of Ontario.

Braam Jonker, M.Comm (South African & International Tax), ACA (UK), CA (SA), ACMA (UK), Non-executive Director

Mr. Jonker was the Chief Financial Officer of Western Coal Corp.(WTN:TSX) until its recent acquisition by Walter Energy Inc. He is a member of the Board of Directors of Eastcoal Inc. (ECX:TSXV) and Mandalay Resources Corporation (MND:TSX) where he is also the Interim Chairman of the Board. Mr. Jonker has over 17 years of extensive accounting and corporate finance experience mostly in the mining industry. He is a Chartered Accountant (South Africa, England and Wales) and holds a Masters Degree in South African and International Tax from the Rand Afrikaans University.

* - Member of the Remuneration Committee