Martin Horgan

Chief Executive Officer, Toro Gold Ltd

A mining engineer by training, Martin has worked across numerous areas of the mining sector including as an engineer for Gold Fields in South Africa, for Steffen Robertson & Kirsten in the UK and RSA offices, at Barclays Capital and as Executive Director of BDI Mining Corp. At Barclays his responsibilities included the origination and execution of mining project finance and advisory business across the African and the Middle East regions, global responsibility for the technical appraisal and review of all investments, environmental and social compliance of the investments in line with international standards and the financial modelling of all transactions. As Executive Director of AIM listed BDI Mining, Martin was part of the team which negotiated the sale of the Company to Gem Diamonds in 2007 realising a record share price for the Group.

Gary Townsend

Chief Financial Officer, Toro Gold Ltd

Gary is a Fellow of the Institute of Chartered Accountants and a Chartered Taxation Adviser. For the majority of the last 15 years he has worked for major gold mining companies in Africa in senior financial roles. From 1996 to 2004, he was Group Financial Controller of Ashanti Goldfields where he was in charge of structuring the finance department in order to accommodate several acquisitions including that of SAMAX. Within this role Gary was also integral in setting up and running the internal budgetary and reporting systems dealing with the Group's seven mining operations across Africa, mitigating tax liabilities and helping to refinance the Group prior to the Company being sold to Anglo Gold in June 2004.

Gary has also held positions as Chief Financial Officer and Company Secretary at Guinor Gold (which was subsequently sold to Crew Gold for US$350m following a raising of US$130m in equity and project finance to fund mine expansion) and more recently Horizonte Minerals Plc where he dealt with all financial aspects required for the operations in London, Peru and Brazil.

Howard Bills

Group Exploration Manager, Toro Gold Ltd

An exploration geologist by training, Howard has spent the last 30 years working predominately in gold and diamond exploration across the African continent undertaking work for BP Minerals, SRK Consulting, SAMAX and AXMIN. Over the years, Howard has developed an in-depth knowledge of a broad range of exploration techniques and the application of these to mineral exploration in the tropics.

As well as being involved in a number of discoveries across Africa, Howard has worked on mineral exploration projects in SE Asia and South America and while with SRK Consulting he was involved in various pre- and feasibility studies worldwide as well as preparing 43.101 documents and independent reports for stock exchange listings and private placements.

Prior to co-founding Toro Gold with Martin Horgan in 2009 Howard was Exploration Manager for AXMIN and General Manager of AXMIN’s local operating company in the Central African Republic. Howard managed the discovery of the 3Moz Passendro gold project from grassroots to completion of the pre-feasibility study.

Boubacar Thera

International Business Development Manager, Toro Gold Ltd

Boubacar Thera is a mining administrator and lawyer, has been involved with francophone African countries since 1994. Prior to joining Bambuk in 2009 Mr. Thera was appointed Manager and Chief Government Liaison Officer of AXMIN and African Selection Mining, and has previously acted as a consultant for other mining companies. 

Paul Cannon

Environmental and Social Performance Manager

Paul is an environmental and social specialist with 15 years experience integrating environmental and social sustainability into the design and implementation of work plans and projects. Over the last 7 years he has worked in the West African mining sector as both a consultant and within industry. This has included site-based accountability for environmental and social performance and the facilitation of permitting processes for new projects.

Previously he worked as an environmental and social consultant in Australia and Asia. During this time he successfully managed projects for the private sector, government and development agencies (including World Bank, Asian Development Bank, Agence Française de Développement, UNIDO, UNHabitat and DANIDA). Much of his work has been undertaken in the natural resource development sector, particularly associated with impact assessment, baseline studies, and management and monitoring planning for large infrastructure projects in the mining and energy sectors.

Russell White

Project Manager

Russell White has almost 30 years experience in mineral processing including 14 years in mine commissioning and operations and 13 years in consulting engineering as Process Engineer and Project Design, and Commissioning Manager for firms such as Ausenco, Lycopodium and BHP Engineering. Russell has gained significant experience in African gold development through his work on numerous West African gold projects – Prior to his role as Design and Study Manager at Endeavour’s Agbaou, Hounde and Nzema Sulphide gold projects, he fulfilled the role of Design and Commissioning Manager at Teranga’s Sabodala gold operation in Senegal.  More recently he has designed and managed the installation of crushing circuits and at the Nzema and Tabakoto projects

Glen Armstrong

Senior E&S Advisor to the Board

An environmental scientist and public health specialist by training, Glen has nearly 30 years experience in environmental management and social development, much of it International, having worked extensively across Africa, Latin America and South East Asia as well as Europe. As Managing Director of Aspinwall and Company he led one of the UK’s leading and most respected consultancies before joining IFC as head of its Environmental and Social Development team in Washington DC, responsible for environmental and social analysis of all its investments worldwide. After moving back to the UK he continued as an advisor to IFC and the World Bank during which he played a key role in facilitating the Equator Principles. In 2003, he co-founded Sustainable Finance Ltd providing E&S risk management services to over 40 major Banks globally before the Company was acquired by PWC in 2008. Since 2008 he has acted as an advisor to a range of organisations.