David Richardson

Executive Chairman, B. Com, MBA

David has over 30 years international experience in corporate strategy, international project development, strategic partnering, and finance, including 15 years in Asia with companies such as Pacific Dunlop and Amcor. Most recently he spent 10 years in venture capital in Japan and Australia, before founding Magmatic Resources in 2014.

Peter Duerden

Managing Director, BScHons, MEconGeol, RPGeo

Peter has 20 years experience in the mining and exploration industry working across a wide range of commodities and deposit styles with particular expertise in NSW mineral systems.  Before joining Magmatic, Peter was involved in the startup of Sky Metals Limited and the development of their successful NSW gold strategy and has held senior management positions with Newcrest Mining and Alkane Resources.  Mr Duerden holds a Masters of Economic Geology and is a Registered Professional Geoscientist (RPGeo) and member of the AIG.

David Berrie

Non-Executive Director, LLB, B.Juris

David has a track record of building companies by focussing on exploration success. He was part of the Board and Management team which led to the A$1.2 billion hostile takeover of Summit Resources Limited by Paladin Energy Limited and the friendly takeover of Fusion Resources Limited, once again, by Paladin. His 30 years’ mining experience includes executive roles with Western Mining and BHP. Prior to this David was a solicitor with the Mining Sections at Clayton Utz. David is a Director of Summit Resources Ltd, and MD of Riva Resources Ltd.

Andrea Betti

Company Secretary

Andrea Betti is an accounting and corporate governance professional with over 20 years experience in accounting, corporate governance, finance and corporate banking. She has acted as Chief Financial Officer and Company Secretary for companies in the private and publicly listed sectors, as well as senior executive roles in the banking and finance industry. Ms. Betti is a member of the Institute of Chartered Accountants in Australia and New Zealand and an associate member of the Governance Institute of Australia. Ms Betti is currently a Director of a corporate advisory company based in Perth that provides corporate and other advisory services to public listed companies. She has a Bachelor of Commerce, Graduate Diploma in Corporate Governance, Graduate Diploma in Applied Finance and Investment and a Masters of Business Administration.

Steven Oxenburgh

Exploration Manager, MSc (Ore Deposit Geology and Evaluation)

Steven has more than 30 years’ minerals exploration and evaluation experience. Most recently he was Exploration Manager at Millennium Minerals Ltd, with a $22M exploration budget and led resource definition and project generation. Previously at Gold Fields, Steven was responsible for the divestment of the East Lachlan projects to Magmatic. Recent exploration success includes extending Millennium’s mine life, and discovery of Invincible South (2015), a 300koz Au resource estimate which remains open at depth.


Corporate directory


David Richardson        Executive Chairman

Peter Duerden             Managing Director

David Berrie                Non-Executive Director

Andrea Betti                  Company Secretary


Senior Management

Mike Franklin               Chief Financial Officer

Steven Oxenburgh       Exploration Manager


Investor & Media Relations

Jane Morgan Management

+61 0 405 555 618

Email: jm@janemorganmanagement.com.au


Registered Office

Suite 7, 55 Hampden Road

Nedlands WA 6009

Telephone: +61 8 9322 6009

Email: info@magmaticresources.com

Website: www.magmaticresources.com


Postal Address

PO Box 785,

West Perth WA 6872


Company Details

ABN: 32 615 598 322

ACN: 615 598 322



Stock Exchange

Level 40, Central Park

152-158 St Georges Terrace

Perth WA 6000


Share Registry

Computershare Investor Services Pty Ltd

Level 11, 172 St George’s Terrace

Perth WA 6000

Telephone: 1300 850 505

Telephone: +61 8 9415 4000



BDO Audit (WA) Pty Ltd

38 Station Street

Subiaco WA 6008


The Board believes that high standards of corporate governance are an essential prerequisite for creating sustainable value for shareholders. The Corporate Governance Statement sets out the Company’s main corporate governance policies and practices. All these practices, unless otherwise stated, were in place for the entire year ended 30 June 2019. The policies and practices are reported against the 3rd Edition of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations. Where the Company’s compliance with the Principles and Recommendations is reflected in a separate document or policy, a reference to the location of that document or policy is included in the Statement.