Kevin R. Morano

Mr. Morano has served as a director of the company since March 2009 and has over 35 years of experience in the mining industry. Mr. Morano has been Managing Principal of KEM Capital LLC, a private equity investment company and provider of management advisory services, since March 2007. Mr. Morano held various senior executive roles during a 21-year career at global copper mining company ASARCO Incorporated, including President and Chief Operating Officer, Executive Vice President and Chief Financial Officer. Other roles included Chief Financial Officer and subsequently Senior Vice President for Marketing and Business Development at Lumenis Ltd., and Chief Financial Officer of Exide Technologies. He currently serves as a director of Bear Creek Mining Company. Mr. Morano holds a Master of Business Administration degree from Rider University and a Bachelor of Science degree in Finance from Drexel University.