Honorary Appointments
Lecturing of "Financial Engineering" at the Technical University Clausthal, Germany.
Member of the Board of the Friends of the Technical University Clausthal, Germany.
Board Appointments
2011-ongoing: Director and Member of the Board of Appleton Resources Ltd.
2011-ongoing: Member of the Expert Panel of Adveq Real Assets Funds.
2011-ongoing: Director and Member of the board of Oil Shale Developments Ltd.
2010-ongoing: Director and Member of the board of Karak International Oil.
2007-ongoing: Director and Member of the board of Zhaikmunai LP.
2006-ongoing: Technical Director of Jordan Energy and Mining Ltd.
2003-ongoing: Member of the Supervisory Board of Schüllermann und Partner AG, auditors and tax solicitors.
2006-2010: Member of the board of GLR Resources.
2006-2009: Member of the Advisory Board of Blackfish-Investec Resources Fund.
2001-2004: Chairman of the Supervisory Board of 360 Treasury Systems AG, Frankfurt/M., an internet company developing and operating a multi-bank platform for over-the-counter trade financial products. Focus on equity funding and strategic development.
2003: Director of the Boards of Chelopech AD and Bimak AD, Bulgaria, on behalf of E&Y. Successful restructuring and sale of the companies.
1998-2001: Member of the Board of Hansa Geomin Exploration Ltd., Bahamas, a gold exploration company with activities in West-Africa.
1998-1999: Member of the Board of Bogoso Gold Ltd., Ghana, a gold mining company on behalf of Deutsche Bank and DEG. Successful restructuring and sale of the company assets.
1995-1996: Member of the Board of Silicon Metal Co of Australia, Ltd on behalf of Deutsche Bank. Successful restructuring and sale of the company.
1990-1993: Chairman of the Supervisory Board of Geophysik GmbH, Leipzig, providing exploration and geophysical services, on behalf of Treuhandanstalt, the German Government Holding of former state-owned combinates. Successful privatization of the company.
1987-1990: Member of the advisory board of Schäfer GmbH, Velbert, a machinery manufacturer. Successful restructuring and development of the company.
1982-1984: Member of the Supervisory Board of Metallgesellschaft AG, Frankfurt on behalf of the senior employees of the company.
Independent Advisory and Consultancy Services
2006-ongoing: Financial Advisor to a mining company developing a tantalum-tin mine in North Africa.
2006-ongoing: Adviser to a German special metals consuming company on the supply side incl. financial support and research for upstream integration.
2004-ongoing: Adviser to a German copper smelter company for concentrate alimentation incl. financial support and research for upstream integration.
2003-ongoing: Cooperation with DMT Montan Consulting GmbH for the preparation of various Feasibility Studies and independent audits, amongst others for a bankable feasibility study for a USD 300 mio mining and hydrometallurgical copper project in Spain.
2002-ongoing: Adviser to Investec Bank (UK) for technical and economic risk analyses for various projects in the field of natural resources and downstream.
2005-2006: Adviser to an international mining company for the development of a polymetallic project.
2005-2006: Adviser to the development of a wood-fuelled biomass combined power plant.
2004-2005: Preparation of a Feasibility Study and permitting for a fluorspar mine in Germany. Cooperation with a private equity company. Managing permitting procedures. Funding Arrangements.
2003: Project Compilation and Technical Risk Assessment of a Fluorite/Barite mining and processing project.
2003: Project compilation and independent audit of Mamoré's Pitinga Sn, Ta,Nb Mine, Pirapora Sn Smelter and Sao Tiago and Pitinga Oxide Plants, Brazil, on behalf of WestLB Global Specialized Finance.
2003: Adviser to E&Y, Joint Administrative Receivers, Navan Mining PLC. Restructuring and management support to Bulgarian Operations. Director of the Boards of Chelopech and Bimak. Preparation of a restructuring and modification concept for Chelopech Mine with downstream processing. The sale process to a new owner was successfully closed in Oct.2003.
1985-2002: Technical-economic Senior Adviser to Deutsche Bank AG/ Structured Finance (project finance, international trade finance, international leasing) in particular for technical and economic risk analyses, evaluations and based thereon support for the development of financing structures and term sheets. During the 18 years some 150 large projects worldwide in the fields of natural resources and downstream facilities, industrial facilities and utilities have been appraised for technical and economic creditworthiness.
1998-2003: Adviser to Deutsche Bank/Corporate Banking for industrial minerals industry. Preparation and continuous update of an Information System for Corporate Banking.
2002: Adviser to a German company in the field of industrial minerals. Subsequent to an insolvency, a Newco was founded with a program for restructuring debt, acquisition of equity partner, etc. Preparation of business plan, Info-Memo and position papers, negotiations.
1998-2001: Adviser to a German Oil and Gas Company for business development.
1996-2000: Adviser to a German oil company for the debt financing of its share in the development of an oil field in Kazakhstan. Prepared the term sheet for a non recourse untied term loan and conducted negotiations with banks and with the government agency for the insurance of political risks for the term loan and shareholder loans. The loan agreement was signed in August 1997. Conducted negotiations with IFC for the sale of shares to IFC.
1996-2000: Adviser to a German oil company for the debt financing of its share in the development of an oil field in Kazakhstan (same oil field as above) with an untied term loan including insurance of political risks by the German government for the term loan and shareholder loans. The loan agreement was signed in August 1997.
1998-1999: Evaluation of industrial mineral deposits on behalf of a German cement company.
1998-1999: Adviser to two German Sponsors for the financing of an industrial mineral project in Slovakia. Developed debt financing with non recourse term loan. Negotiated product marketing arrangements. Project execution has been delayed.
1997-1998: Independent Audit of a major copper mining and smelting company in Africa on behalf of lending banks.
1997: Adviser to Deutsche Bank Ansbach for the appraisal of creditworthiness of an industrial minerals company.
1996-1997: Advisory to a German holding company for the sale of a subsidiary, a construction company in Spain. An Information Memorandum has been prepared as basis for negotiations.
1995-1996: Advisory to Deutsche Bank/AFK for the restructuring and sale of a silicon metal smelter in Australia. Represented the bank in the Board of Directors of the smelter company, prepared an Info-Memo, initiated the development of an IPP project for the power supply of the smelter. The sale was closed with recovery of all exposures plus a significant capital gain.
1995-1996: Advisory for a MBO of a German quarry company for building material.
1993-1994: Advisory to Deutsche Bank New York and a consortium of banks for the sale of a gypsum fiber board plant in the US after bankruptcy of the Sponsor. Prepared an Info-Memo and conducted negotiations. The sale was closed with part recovery of the exposures.
1992-1995: Advisory of an US oil company for business development in various European countries.
1989-1995: Adviser to the German Federal Ministry for Research and Technology. Analysed and assessed research institutions in the field of natural resources and geo-science in East-Germany. Advised for the organization of a federal geo-science institution (GeoForschungsZentrum Potsdam) and for multinational research programs.
1992-1994: Advisory to a German manufacturer of sewage plants and air filters. Prepared a long term development plan and conducted negotiations for raising equity and debt.
1992-1993: Arranged an offer for the privatization of an East-German oil and gas company together with two venture capital funds.
1989-1994: Financial controller on behalf of the German Ministry for Research and Technology for a scientific ultra deep drilling research program in West Germany. Advisor to the Ministry for research programs in natural resources and delegate to the advisory council of the R&D directory of the EU.
Previous Appointments
1985-1989: Partner and managing director of the consulting company "GMU" Gesellschaft für Management und Unternehmensberatung in Düsseldorf/Germany with mandates for advisory, restructuring, M&A and management services.
1980-1984: Branch manager with Lurgi's natural resources branch with major project developments, engineering and supply of plants worldwide.
1972-1980: Various appointments with Metallgesellschaft's domestic and international mining divisions. Responsibility for project developments and operational overview for projects in Germany, Austria, Chile, Thailand, Turkey.
1967: Project Engineer with AMC-Harrison, Canada, mine contractor and shaftsinker.
Education
1970-1972: Technical University of Clausthal, postgraduate study (PhD), scientific fellow.
1968-1970: Technical University Munich, Study of Economics; Trainee (Bergreferendar) with the Bavarian Bureau of Mines.
1961-1967: Technical University Clausthal: Study of Mining Engineering.