The Directors of the Company are as follows:

	Edward Haslam (66), Chairman Edward worked for the primary platinum group metals producer, Lonmin Plc between 1981 and 2004 rising to Managing Director of the South African mines. He was appointed to the board of directors in 1999 and as the Chief Executive Officer in 2000, until his retirement. Prior to that, he held various positions with Falconbridge Nickel and the British Steel Corporation where he studied metallurgy. Edward is Non-executive Chairman of Talvivaara Mining Co., which develops and exploits polymetallic deposits in Finland and a Non-executive Director of Aquarius Platinum Ltd, a southern African platinum group metal producer, where he serves as Chairman of the Remuneration and Succession Planning Committee and is also a member of its Audit, Risk and Nominations Committee. He is also a Fellow of the Institute of Directors.
	Tom Kruger (67), Deputy Chairman and Founder BCom (Acc.) Tom has over 30 years of experience in the South African diamond industry, predominantly in rough and polished trading. He began his career in the diamond industry at Ochta Diamonds. He was one of the first South African diamantaires to implement the 'mine to mistress' philosophy, as early as the late 1970s. He is a founding member of the South African Rough Dealers Association, a long standing member of the South African Diamond Dealers' Club and the Jewellery Council of South Africa. Tom has key relationships with major diamantaires worldwide and has established an extensive industry network. Tom is the father of Nico and Heno Kruger.
	Alex Davidson (58), Senior Independent Non-executive Director MSc (Economic Geology) Alex has over 30 years of experience in the field of international exploration and mergers and acquisitions for major base metal and gold companies. He was responsible for international exploration programmes and corporate development at Barrick Gold Corporation as Executive Vice President. Prior to joining Barrick Gold Corporation, Alex worked at Metall Mining Corporation as Vice President for Exploration. He has also won awards for his achievement and contributions to mining exploration in Canada. He is currently Non-executive Director of QGX Ltd., Highland Gold Mining Ltd. and Diamondex Resources Ltd., which are involved in mineral exploration and mining projects.
	Martiens Mulder, Independent Non-executive Director Martiens Mulder was appointed to the board of directors as an independent, non-executive director in April 2011. He has performed the role of special technical advisor to the board since February 2011. Martiens is a management and technical consultant in the areas of change management, productivity improvement programs and high level process design, specifically in the areas of iron ore and coal and has over 40 years experience in the industry. Some of his previous roles include CEO and MD of Saldanha Steel, General Manager of Iscor Limited’s Corporate Technology division, General Manager of Iscor Mining’s Consulting Services, and Mine Manager of Iscor Sishen and Iscor Thabazimbi respectively. Martiens qualified as a Metallugy Engineer from the University of Pretoria in 1969. He received his MDP (Cum Laude) from the University of South Africa in 1981 and attended the Standford Executive Program in 1996 at the Stanford University, as well as the Caltech Management of Technology and Innovation Program in California in 2000. Martiens is a fellow of the South African Institute of Mining and Metallurgy and a member of the Engineering Counsel of South Africa.
	Allen Gessen, J.D. (36), Non-Executive Director Allen Gessen is a partner at a private equity fund based in Tel Aviv, focusing on emerging markets. Previously he served as a CEO of Ukrainian Retail, Ltd in Ukraine. Prior to that, Allen was a consultant at McKinsey & Company where he advised some of the major mining and metallurgical companies in the CIS on a broad range of topics. He started his career at consulting boutique Carlisle Fagan Gaskins & Wise, consulting for some of the major transportation companies in North America. Allen holds a degree in business administration from Babson College in Boston and a JD from the University of Connecticut School of Law. He was admitted to the New York Bar in 2003 following which he practised law at Thacher Proffitt and Wood in New York.
	Gerard Holden (47), Non-executive Director Gerard Holden spent more than 20 years of his career with the Barclays Bank Group. For the last 8 years he was Global Head of Mining & Metals. Since leaving Barclays Capital, Gerard has served as Chairman of AIM quoted GCM Resources. He has also served as an independent director and chairman of the Audit Committee of Norilsk Nickel, the world's largest producer of nickel and palladium. Gerard is currently the chairman of privately held Verivox Holdings which owns Germany's largest internet based consumer switching portal for electricity and gas prices. A chemical engineer by training, Gerard spends the remainder of his time assisting natural resource companies with strategic advice. Gerard is currently serving as Chairman of AIM listed GCM Resources PLC and was previously an independent non-executive director of OJSC MMC Norilsk Nickel, where he also served as Chairman of the Audit Committee. During the previous five years he has also served as a director of Brinkley Mining PLC (directorship ended May 2008) and Lonrho Africa PLC (directorship ended March 2007).
	Richard Collocott, Chief Executive Officer Richard was formally Managing Director of Norilsk Nickel’s International Production Assets, with management responsibility for Norilsk Nickel’s businesses in Africa and Australia. Prior to this he held the position of Chief Executive Officer for Metal Trade Overseas AG, the Swiss based metal trader in the Norilsk Nickel Group, and held executive management positions within the Sales and Marketing division of Norilsk Nickel’s head office in Moscow. He is a fully-qualified Chartered Accountant and has broad experience in and allied to the commodity sector.