Russell Scrimshaw - Cleveland Mining Insider

Cleveland Mining Company Limited -- Australia Stock  

AUD 0.07  0.00  0.00%

Non-Executive Chairman of the Board

Mr. Russell John Scrimshaw serves as NonExecutive Chairman of the Board of Cleveland Mining Co Ltd. effective August 28 2013. He retired as Executive Director and Deputy CEO of Fortescue Metals Group Ltd where he was part of the key management team that completed FMGs historymaking iron ore mine port and rail start up. At Fortescue he was a lead member of the team that raised A2.7 billion in what was the largest ever highyield Asia Pacific transaction the largest ever highyield bond raising one of the largest corporate bonds out of Australia and one of the largest in the resource sector worldwide. Russell has negotiated billions of dollars of offtake agreements signing agreements with approximately 50 steel mills including all ten of Chinas top ten steel mills. Russell is also Chairman of London Stock Exchangelisted Sirius Minerals Plc. Prior to Fortescue Metals Russell was a board member of Commonwealth Properties Ltd EDS Australia Mobilesoft Ltd Telecom New Zealand Australia Pty Ltd The Garvan Institute Foundation and Athletics Australia. He previously held executive positions within the Commonwealth Bank of Australia Optus Alcatel IBM and Amdahl USA.
Age: 65  Chairman Since 2013      
61 8 6389 6000  http://www.clevelandmining.com.au

Management Efficiency

The company has return on total asset (ROA) of (22.03) % which means that it has lost $22.03 on every $100 spent on asset. This is way below average.
The company has accumulated 22.07 M in total debt. Cleveland Mining Company Limited has Current Ratio of 0.06 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.

Similar Executives

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CHAIRMAN Since

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2017
Robert MillnerNew Hope Corporation Limited
1998
John CondeWhitehaven Coal Limited
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Mark VaileWhitehaven Coal Limited
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Peter MansellEnergy Resources of Australia L
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Entity Summary

Cleveland Mining Company Limited engages in the acquisition, exploration, and development of mineral properties in Australia, Brazil, and Chile. Cleveland Mining Company Limited (CDG) is traded on Australian Securities Exchange in Australia. It is located in Osborne Park, WA and employs 5 people.

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Top Management

Cleveland Mining Limited Leadership Team
Wayne Zekulich, Director
Gleen Simpson, Director
Russell Scrimshaw, Chairman
Alex Sundich, Chairman
David Mendelawitz, Managing Director
Aaron Tomsett, Executive
Albert Longo, Executive
Andrei Santos, Executive
Richard Stroud, Director
J Sharp, Executive

Stock Performance

Cleveland Mining Performance Indicators