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22 Independence Group NL

BOARD PROFILE

Peter Bilbe (65)

B.Eng. (Mining) (Hons), MAusIMM

Non-Executive Chairman

Mr. Bilbe is a mining engineer with

40 years’ Australian and international

mining experience in gold, base

metals and iron ore at the operational,

managerial and board levels. He

has held senior positions at Mount

Gibson Iron Limited, Aztec Resources

Limited, Portman Limited, Aurora Gold

Limited and Kalgoorlie Consolidated

Gold Mines Pty Ltd. His most recent

executive position was Managing

Director of Aztec Resources Limited,

which successfully developed the

Koolan Island iron ore project from

exploration to production. He is also a

past member of the Executive Council

of Chamber of Minerals and Energy. Mr

Bilbe is currently a director of Northern

Iron Limited. He holds a Bachelor of

Engineering (Mining) degree from the

University of New South Wales and is a

Member of the Australasian Institute of

Mining and Metallurgy (AusIMM).

Peter Bradford (57)

B.AppSc., FAusIMM, MSMME

Managing Director

Mr. Bradford is a senior executive and

a qualified metallurgist with over 35

years’ experience in gold and base

metals mining operations, exploration

and development and has held

senior positions internationally and

within Australia. He graduated as a

metallurgist at the Western Australian

School of Mines and commenced his

career with various gold, nickel and

mineral sands operations in Western

Australia. He has worked as resident

manager at both Gidgee and Plutonic

Gold Mines during the development

and early operational phases.

Internationally, Mr. Bradford has

held senior and chief executive

roles with Ashanti Goldfields (and

Golden Shamrock Mines), Golden Star

Resources, Anvil Mining, Copperbelt

Minerals and PMI Gold, providing

leadership in the development of

strategy and growth for many of

these companies. He is a Fellow of the

AusIMM and a Member of the Society

of Mining Engineers.

Keith Spence (61)

BSc (Geophysics) (Hons)

Non-Executive Director

Mr. Spence has over 30 years’

experience in the oil and gas industry,

including 18 years with Shell and has

a broad knowledge of the resources

sector. He retired from Woodside in

2008 after a 14-year tenure in top

executive positions in that company,

including Chief Operating Officer and

Acting Chief Executive Officer.

Mr. Spence chairs the Board of the

National Offshore Petroleum Safety and

Environmental Management Authority

and the Industry Advisory Board of

the Australian Centre for Energy and

Process Training. He is Non-Executive

Chairman of Geodynamics Limited

and Base Resources Limited and a

Non-Executive Director of Oil Search

Limited. He joined the board of the

then listed company Clough Limited in

August 2008 and was Chairman from

2010 until its acquisition via scheme of

arrangement by Murray and Roberts

in 2013.

Left to right: Geoffrey Clifford,

Peter Buck, Peter Bradford, Peter Bilbe,

Keith Spence and Neil Warburton.

(Mark Bennett away at time of photo).