Management Team

David Rae , , , President and Chief Executive Officer

David Rae is a seasoned international mining and smelting executive with extensive experience in Africa, Canada and Europe. He has held senior executive and operational roles in international mining companies including Falconbridge and Xstrata. David is a collaborative leader with a reputation of building high performing teams to optimize current assets allowing the business to focus on growth and business development. He holds a Bachelor of Science in Physical Metallurgy from Leeds University in Yorkshire, England.

Mr. Rae joined DPM in 2012 as Senior Vice President, Operations and was appointed Executive Vice President and Chief Operating Officer in 2014. In May 2020, he assumed the role of President and Chief Executive Officer.

Navin Dyal , , , Executive Vice President & Chief Financial Officer

Navin Dyal was appointed Chief Financial Officer of Dundee Precious Metals in November 2022. Mr. Dyal has over 20 years of finance and public company experience and is an accomplished senior executive with a track record of success in financial and strategic leadership, capital funding and mergers and acquisitions. Most recently, he served as Senior Vice President and Chief Financial Officer at Teranga Gold Corporation for nine years prior to its acquisition by Endeavour Mining Corporation. Prior to that, he spent seven years with Barrick Gold Corporation from 2005 to 2012 in various finance leadership roles, including most recently as Head of Finance, Copper Business Unit, and also held roles that spanned all areas of finance, including planning, budgeting, internal controls, and external reporting. He held finance positions with a telecommunications firm from 2003 to 2005 and was an auditor with PricewaterhouseCoopers from 1999 to 2003. Mr. Dyal is a Chartered Professional Accountant, Chartered Accountant and holds a Bachelor of Commerce from the University of Toronto.

Michael Dorfman , , , Executive Vice President, Corporate Development

Michael Dorfman has more than 20 years experience in the mining sector. Prior to joining DPM, he worked in the investment banking groups of Blackmont Capital, Thomas Weisel Partners (formerly Westwind Partners), and Merrill Lynch Canada. During this time, Mr. Dorfman advised senior management teams on numerous mergers and acquisitions and corporate finance transactions. He was responsible for originating, structuring, and executing buy and sell side M&A mandates as well as equity and debt capital markets transactions. Mr. Dorfman holds an Honours in Business Administration from the Richard Ivey School of Business at the University of Western Ontario. Mr. Dorfman joined DPM in April 2011 as Vice President, Corporate Development and was appointed Executive Vice President, Corporate Development in May 2019.

Kelly Stark-Anderson , , , Executive Vice President, Corporate Affairs, General Counsel and Corporate Secretary

Ms. Stark-Anderson has over 25 years experience as a lawyer. Before joining Dundee Precious Metals, she was VP Legal and Corporate Secretary for SSR Mining Inc. and prior to that, she led her own firm providing corporate/commercial, governance and securities compliance services to public, private and crown entities. Previously Ms. Stark-Anderson held progressively senior in-house counsel positions with the Spectra Energy group of companies. She also practiced law with Blake, Cassels & Graydon LLP in the firm’s Toronto and Vancouver offices. Ms. Stark-Anderson obtained her Bachelor of Laws from the University of Toronto and a Bachelor of Arts, Honours Economics from the University of Calgary. Ms. Stark-Anderson is a member of the Board of Directors of Mountain Province Diamonds Inc. and volunteers as President of Aquatics Canada Aquatiques.

Iliya Garkov , , PhD , , Senior Vice President, European Operations

Iliya Garkov has three decades of international mining experience in Bulgaria, Australia and Armenia. In a number of leadership roles within Dundee Precious Metals, he has contributed to Chelopech becoming a world-class mining operation. Instrumental in a number of key operational improvement projects, Iliya also significantly enhanced the development of organizational culture and gaining stakeholder support. Iliya became Vice President and General Manager for Bulgaria in 2014 and in June 2019, his role increased to Managing Director for Bulgaria. His approach to managing stakeholder expectations made it possible for the Ada tepe mine in Krumovgrad to become the first successful green mine, in 40 years, to be developed in Bulgaria. He earned a PhD mining engineer from the Mining and Geology University in Sofia and has earned degrees in Administration and Management. He is also a graduate of the London Business School Senior Executive Programme.

Nikolay Hristov , , PhD , , Senior Vice President, Sustainable Business Development

Nikolay Hristov obtained both a Master of Science and Ph.D. in Mineral Processing from the University of Mining and Geology in Sofia and has completed courses in both Engineering Geo-ecology and International Economic Relations. He also recently completed the Advanced Management Program at the Harvard Business School. Prior to joining Chelopech in 2004, Mr. Hristov held positions in mineral processing, research and development. Starting as a metallurgist with DPM, Mr. Hristov moved through a variety of increasingly senior roles before assuming the role of Vice President and General Manager, Chelopech Mine in 2011. Mr. Hristov established a foundation of continuous improvement at the Chelopech mine, overseeing an expansion that doubled the mine’s output. During his tenure as VP and GM for Chelopech, Mr. Hristov played a central role working with a diverse stakeholder group and draws on that experience in his role as Senior Vice President, Sustainable Business Development.

Sylvia Chen , , , Vice President, Finance

Sylvia Chen is an accomplished finance leader with close to 20 years of experience in finance functions. Ms. Chen joined Dundee Precious Metals in January 2011 and has served progressively senior roles as corporate controller and global controller. She was appointed as Vice President, Finance in 2022, providing leadership in regulatory financial reporting, budgeting and forecasting, tax compliance, and maintenance of the Company’s internal control environment. Ms. Chen started her finance career with public accounting firms and prior to joining DPM, she held financial management roles in Canadian and U.S. listed public companies within the health care and real estate industries. Ms. Chen is a Chartered Professional Accountant, Chartered Accountant and a Chartered Financial Analyst, and holds an MBA in Accounting from the University of Toronto and a PhD in Cognitive Psychology from the University of Hong Kong.

Mark Crawley , , , Vice President, Commercial

Mark Crawley joined Dundee Precious Metals as Vice President, Commercial in November 2016 with 20 years of nonferrous metals industry experience in sales, raw materials purchasing and commodities trading. Prior to joining DPM, Mr. Crawley served as Senior Vice President Commercial at KGHM International Ltd. He has also held positions with Noranda, Traxys (Sogem) and Louis Dreyfus Commodities in Canada, Belgium and Switzerland. Mr. Crawley holds a Bachelor of Business Administration degree from the University of New Brunswick as well as an MBA from Simon Fraser University.

Anna Ivanova , , , Vice President, Business Optimization

Anna Ivanova was appointed Vice President, Business Optimization in September 2022. Ms. Ivanova joined Dundee Precious Metals in 2005, and her experience includes systems design and implementation, internal audit, and business optimization. In her previous role as Director, Business Systems, she worked in close collaboration with the Company’s operations and corporate functions, overseeing key initiatives related to DPM’s Operating Model, Business Architecture, Business Planning System, and performance optimization and reporting. Prior to joining DPM, Anna held finance roles in the pharmaceutical sector. Ms. Ivanova holds a Masters in Finance from the University of National and World Economy, and an Executive MBA from the American University in Bulgaria.

Zebra Kasete , , , Vice President and Managing Director, Tsumeb

Zebra Kasete brings almost 30 years of mining and smelting experience to DPM having held senior positions within the mining industry, serving both Rio Tinto and Rossing Uranium. He has extensive experience in the areas of production, processing, procurement, business and strategic development. Prior to joining DPM, Mr. Kasete was the Managing Director of Murowa Diamonds, Zimbabwe, and has held positions internationally including Namibia, Australia and the United States. Mr. Kasete is a metallurgist and holds a Master's in Business Administration from the University of Maastricht in the Netherlands. Mr. Kasete was appointed Vice President and Managing Director of DPM Tsumeb in February 2016.

Mirco Nolte , , , Vice President, Operational Excellence

Mirco Nolte began his career by joining the Tsumeb smelter as a metallurgist in 2007. Since then, he has held increasingly senior operational roles at our Namibian and Bulgarian operations. In 2015 Mirco accepted the role Corporate Director, Processing to lead a number of significant enhancements and optimization programs throughout our operational sites. In June 2019, he earned the role of Vice President Operational Excellence. Mirco Nolte earned a Bachelor of Chemical Engineering and Masters of Science from Stellenbosch University, South Africa. He received his Masters of Business Administration from ESADE Business School in Spain.

Matthieu Risgallah , , , Vice President, Innovation & Technology

Matthieu Risgallah brings more than 20 years of leadership and technology experience including digital, information technology, and operational technology. He has worked in consulting and asset intensive industries including pharmaceutical and chemical multinational corporations, where his focus has been on value creation and delivery. He has broad international experience working in France, Switzerland and the Netherlands and lead multicultural global teams, before joining our Corporate team, based in Toronto, in 2018. In June 2019 he became Vice President, Technology with oversight for all locations. Matthieu holds a Bachelor Degree of Business Administration from HEC Montréal, and a Masters Degree from Ecole de Management Lyon Business School.

Alex Wilson , , , Vice President, Human Resources

Alex Wilson brings over 20 years of human resources experience, having focused the last 15 years in the mining industry. Before joining Dundee Precious Metals, Ms. Wilson served as Vice President, Organizational Effectiveness for Barrick Gold Corporation, and previous to that, held progressively senior roles in the Human Resources team supporting the global mine site operations, projects and the corporate headquarters. Ms. Wilson has broad expertise across the human resources spectrum and provides leadership in the areas of talent management, learning & development, expatriate management, talent acquisition, organization design, workforce planning and program service delivery. Prior to Barrick Gold, Ms. Wilson held positions in Recruiting and Human Resources consulting for Deloitte. Ms. Wilson holds a Bachelor of Arts and Bachelor of Education from York University.

Stock Quote: TSE

Price 8.18

Change +0.00

Volume 460,499

% Change +0%

Intraday High 8.26

52 Week High 10.78

Intraday Low 8.10

52 Week Low 5.86

Today's Open 8.15

Previous Close 8.18

10/03/2023 04:00 PM ET Pricing delayed 20 minutes
: 1,822.79 ?-5.67


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