Graham Mascall graduated in 1969 as a mining engineer from the Camborne School of Mines and gained a Master of Engineering, Mineral Economics from McGill University, Montreal in 1972. He has developed his career in the mining finance sector and from 1997 to 2001 held various senior level positions with Billiton plc. He has also held the following positions of responsibility: Director of Morgan Grenfell International; Vice President (Corporate Development) of Outokumpu Metals & Resources; Assistant Director of Kleinwort Benson Securities; and Assistant Director (Mining Finance) at Barclays Bank. Graham has been a Director of the Company since 29 November 2004. Graham's responsibilities on the Board include serving on the Audit, Nomination, Remuneration and HSSE Committees.

Rajiv Gupta has a bachelor’s degree in commerce from Bombay University. He has over 20 years’ international experience in coloured gemstone cutting, polishing and marketing gained through his family’s extensive interests in the colour gemstone industry. Rajiv has been a director of the company since 11 June 2004.

Sean Gilbertson graduated as a mining engineer from the University of the Witwatersrand in South Africa having spent time in the country’s deep-level gold and platinum mines. From 1995 he worked for Deutsche Bank Ag and Deutsche Morgan Grenfell in Frankfurt and London specialising in project finance. He co-founded globalCOAL in 1998 and was appointed chief executive officer in 2001 when the business was acquired by industry players including, inter alia, Anglo American plc, BHP-Billiton Ltd, Glencore International Ag and Rio Tinto plc. He joined the office of Brian Gilbertson in late 2003, working on a variety of natural resources projects and culminating in the establishment of Pallinghurst Resources LLP in 2005. Sean Gilbertson is a partner of Pallinghurst Resources and is a director of certain Pallinghurst portfolio companies including Rox Limited and Fabergé Limited. Sean has been a Director of the Company since 6 June 2008.

Richard James graduated from Auckland University in 1993 with a Bachelor of Commerce degree. He subsequently joined Price Waterhouse and qualified as a chartered accountant in 1997. He has worked in London in various positions. Immediately prior to joining the company he was the Chief Financial Officer of a Toronto Stock Exchange listed gold mining company with mines in Central Asia. Richard has been a director of the company since 8 March 2005.

Alok Sood, a geologist with over 21 years of professional experience, brings in expertise and understanding of the gemstones geology and mining operations in Zambia. He has worked in emerald belts extensively, and in other gemstones including amethyst and yellow tourmaline. He has been instrumental in developing an extensive database on the emerald geology and the basic understanding of emerald geology in the Ndola region which has been redefined on the basis of the pioneering work undertaken by him over the last 9 years. Alok is with company since its early inception in 1998.

Clive Newall graduated from the Royal School of Mines in 1971 and has an MBA from the Scottish Business School. He is a founder and President of First Quantum Minerals Ltd. Earlier in his career he held senior management positions with Amax Exploration Inc and the Robertson Group. More recently he has been a director of a number of junior mining companies including Anvil Mining LTD and Kensington Resources Ltd. Clive has been a Director of the Company since 19 April 2005. Clive's responsibilities on the Board include serving on the Audit, Nomination, Remuneration and HSSE Committees.

Finn Behnken graduated as a mining engineer from the University of the Witwatersrand in South Africa having worked in coal and gold mining. He furthered his career by specialising in mining finance and spent almost 10 years with South Africa’s Nedbank Ltd serving, inter alia, as a non-executive director in relation to certain of its producing mining investments. Nedbank moved him to London in 2006 to develop their international business. He has had wide ranging interaction with small and mid-size listed mining companies across the commodity spectrum and has travelled extensively visiting mines around the globe. Finn has been a Director of the Company since 6 June 2008. Finn’s responsibilities on the Board include serving on the Audit, Nomination, Remuneration and HSSE Committees.