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Cameron McRae - B&W

Cameron McRae

Executive Chairman

Mr McRae has had an extensive and distinguished career in the mining industry globally. He was born in Melbourne, Australia, was schooled in Australia and Africa and obtained an MBA (Monash University/ Mount Eliza) and a Bachelor of Financial Administration (University of New England).

Cameron has served a 28 year career at Rio Tinto, holding executive level positions in 5 countries. Cameron was CEO-President of Oyu Tolgoi (OT) copper-gold business in Mongolia, CEO of Richards Bay Minerals in South Africa, Managing Director of Murowa Diamonds in Zimbabwe and Project Director for the Hail Creek Coal Mine Expansion Project in Central Queensland. In 1995 he was also a key member of the M&A team that brought RTZ plc and CRA Limited together to form the dual listed Rio Tinto.


CraigWallace - B&WHonourable Craig Wallace

Deputy Chairman

Mr Wallace served as the State Minister for Main Roads, Fisheries and Marine Infrastructure from 2009 to 2012. His departments delivered major infrastructure projects across Queensland including the Gateway Bridge and rebuilding of Queensland Road assets following major floods.

He was a member of the Executive Council of Australia, a member of Roads Australia and a Patron of the Committee for Infrastructure and Logistics Australia.

In 2012 he formed Shanghai Commonwealth Investment and Consulting (which is operating mainly in China). The company has a focus on building trade ties between China and Australia with a particular focus on food products.


Mick Avery - B&W

Michael Avery

Vice President Corporate Development
Executive Director

Michael has been involved in the establishment and management of a number of successful public and private companies in mining, exploration & development, mining consulting services and mining contractor services.

Michael is a 30 year plus mining industry veteran with BE Mining (1st Class Honours) from UNSW and an MBA from Mt Eliza Business School. Michael is also a qualified Coal Mine Manager and a member of the Australian Institute of Mining and Metallurgy.

Michael has extensive experience in the mining sector working in senior management and technical roles for a number of blue-chip mining companies (mostly Rio Tinto and BHP Billiton) at operations in Australia and around the world. These roles covered the full life cycle of open cut and underground mines from resource exploration and evaluation, through conceptual design, pre-feasibility, feasibility, construction, operation and management.


Mr tsogt - B&W

Tsogt Togoo

Non-Executive Director

Mr Tsogt has close to two decades of experience in the Mongolian public sector. He worked in the senior management of the Mongolian National Oil company and was in charge of the commercial and operational functions of the company, such as petroleum product imports and internal distribution to filling stations.

Mr Tsogt also worked as the head of the Privatisation Division of the State Property Committee and has played extensive roles in the privatisation of Mongolia’s most valuable state-owned companies. He was in charge of the privatisation of the national oil and aviation companies, restructuring power generation and energy distribution enterprises and the deregulation of the energy, oil, aviation and mining sectors.

Mr Tsogt has a Masters of Business Administration from the Leeds University Business School, United Kingdom and Master of Economics and Bachelor of Economics degrees from the Mongolian State University of Agriculture with First Class Honours.


Philip Forrest -B7WPhilip Forrest

Non-Executive Director

Philip Forrest has lived in South East Asia for over 30 years and has contributed to the commercial relationship between Australia and Asia.

Since 1991, Mr Forrest has headed three international banks (Westpac, NatWest and ANZ), with wide-ranging regional responsibilities. His most recent banking position was Asia Head for ANZ Bank, with responsibility for all of the Bank’s activities in eleven countries ranging from Japan to Indonesia.

Philip is currently a Director of The Australian Chamber of Commerce, Singapore and a Member of the Governing Council of the Singapore Institute of Directors. Philip is a Fellow of the Australian Institute of Company Directors, and CPA.


Stone, David - B&WDavid Stone

Vice President – Operations
Executive Director

David was schooled in NSW and has multiple qualifications in Mining Engineering and Risk Management, with a diploma from the Australian Institute of Company Director. He has over 25 years experience working for MIM/Xstrata, BHP and Anglo America. He has been responsible for several of Xstrata’s mining complexes and Xstrata’s underground operations globally. He has held COO positions in several organisations and has consulted on business development opportunities.

David has lived and worked in Australia, United Kingdom and the USA and has been appointed to numerous government and industry committees and boards. He has held Mine Manager, Senior Site Executive and statutory qualifications. David joined TerraCom in May 2015.