Magnetic Resources company strategy is aimed at discovering significant ore bodies which offer viable commercial off take. These discoveries are made primarily utilising our unique set of skills in ground magnetics and soil geochemistry.
Board and Management
Founding director and shareholder of the Company since incorporation and was the former Managing Director until October 2014 (reinstated as MD April 2017). Mr Sakalidis has worked tirelessly to establish a portfolio of assets which the Company continues to develop for production.
Mr Sakalidis is an exploration geophysicist with over 30 years’ industry experience, and his career has included extensive gold, diamond, base metals, iron ore and mineral sands exploration. Mr Sakalidis has been involved in a number of significant mineral discoveries, including the Three Rivers and Rose gold deposits, the Dongara Mineral Sands Deposits and the Boonanarring-Gingin South-Helene Mineral Sands Deposits in Western Australia.
Eric Lim is Managing Director and Head, Group Finance with United Overseas Bank, one of South-East Asia’s largest banks. Eric also serves as Chairperson of UOB’s Group Environmental, Social and Governance (ESG) Committee. Prior to joining UOB, he held positions with Standard Chartered Bank, OCBC Bank and General Electric in executive positions across the US and Asia Pacific, spanning wholesale banking, consumer finance and corporate finance roles.
He also has extensive audit experience with GE Corporate Audit leading a variety of engagements ranging from process to financial audits. Eric is qualified with an MBA from the Kellogg School of Management and a Bachelor of Accounting from the Nanyang Technological University.
Non-Executive Director & CFO
The Company is also pleased to announce the appointment of Mr Ben Donovan as Non- Executive Director. Mr Donovan has been the Company’s company secretary since 2013 and has significant experience in the areas of compliance, corporate governance and capital markets.
Ben has significant experience in ASX listing rules, capital markets and corporate transactions, which will be an important contributor to the Board as we execute our growth priorities and pursue the crystallisation of investor value.
Chan Hian Siang
Mr Chan is the founder, Executive Director and CEO of SP Chemicals Pte Ltd. Mr Chan is also an Executive Officer of SP Chemicals’ parent company, Asiawide Holdings Pte Ltd (AWH), and a few other companies within the parent group. From 1985 to 1987, Mr Chan was a Loans and Syndication Officer at Asian-American Merchant Bank Limited. In 1988, he joined AWH as a General Manager and was appointed as an Executive Director of AWH in 1990.
Mr Chan holds a Bachelor of Arts(Economics) degree from York University, Toronto, Canada and a Master of Business Administration from McGill University, Montreal, Canada. Mr. Chan is also a council member of Singapore Chinese Chamber of Commerce and Industry.