Company Profile

Board of Directors

Michael Shvets - Chairman
Dr.Sc, Ph.D ( mineral economics).

Graduated from Kharkov technical institute, obtained Dr. SC and PH.D degree Michael is a seasoned mining and venture specialist focused on natural resources during 20 years.

He was responsible for oil projects in Eastern siberia since 2008 till 2013 and exited successfully jointly with group of investors 

He wrote more than 50 papers devoted to regional economics and 4 books.

He is general director of Center of modeling strategy economics region since 2001 , as well he was chief scientific fellow in Institute of economics urals branch .

Currently he is member of the public council under Federal agency of subsoil ( Rosnedra) and chair of innovation committee under National association of subsoil expertise.


Andrew Melnikov - Non-executive director

Currently Deputy General Director of MMC Intergeo ( part of Onexim group) 

Graduated from Moscow State University, Mechanical-Mathematical and Geological Faculties (1990-1995)MBA (Strategic Management), High Commercial School, 2000-2003 

Member of the MAusIMM, MAICD, OERN, GKZ Expert, State Parliament (Duma) expert for subsoil use 

Andrey Melnikov is experienced and seasoned mining professional. 

He was Director Engineering of Uranium One Group. (2014-2016), part of Rosatom global mining company. Prior to Uranium One Group, he was the Chairman of Board of Directors and a Principal Economist of SRK Consulting (Russia). He has more than 20 years’ experience in mining projects development from exploration till construction, resources/reserves calculation in accordance with international codes and Russian classification, development of international studies at various levels (Scoping-Study, Prefeasibility-Study, Feasibility-Study), preparation of independent reports in support of finance raising (CPR, IMER), Due Diligence Audits of mining companies and projects economic evaluation. Andrey manages activities aimed at harmonisation of Russian and international approaches to resource/reserve estimation and mine designs. 

He is focused on different mining projects especially gold, copper, polymetal deposits.

Resides in Moscow

Oleg Kravchuk - Non-executive director

Graduated from Irkutsk state university , major geology.

Worked for different geological department in Irkutskgeology.

Since 2012 till late 2016 he was Ministry of natural resources Irkutsk region.

At this time deputy general manager -Irkutsk division in Ilim group ( the leader in the Russian pulp and paper industry).

Resides in Irkutsk