Nautilus Minerals Gets New Chairman

Nautilus Minerals has appointed Tariq Al Barwani to the role of non-executive chairman.

The previous chairman, Russell Debney, resigned from the position in December, 2017.

Al Barwani joined the company’s board in May 2016.

He is a director and shareholder of MB Holding Company, and chief executive officer of Mawarid Mining, a wholly owned subsidiary of MB Holding Company. MB Holding Company is Nautilus’ largest shareholder.

Tariq Al Barwani has a Bachelor of Science degree in Geology from Imperial College, United Kingdom, and a Masters in Business Administration specializing in strategy and leadership from McGill University in Canada.

In parallel with this new appointment, the board of directors has also embarked upon a process of board renewal, looking to appoint additional new independent directors, and to expand the board’s skill sets to support the financing and delivery of Nautilus’ deep sea mine.