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2026-11-06
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DEVELOP GLOBAL LIMITED

Producer · Copper · Zinc · Lithium · Silver · Gold · Lead · Australia · New Zealand Rating locked: sign in to view v8 · dvp-20261024t212049-full
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People, delivery and responsibility

Management background checks

Evidence through 2026-10-31

Research assessment

Executive team

Rating locked: sign in to viewTeam rating and score are available to subscribers

Develop combines former Northern Star leadership with reported mining-services finance, processing and legal experience. Woodlawn reported a restarted operating mine and increased quarterly throughput; Yitirrti and Pioneer Dome remain development projects. Historical company safety convictions, disclosed related-party dealing and a separate neighbouring-landfill pollution investigation are material context without findings of personal wrongdoing.

Decision-relevant facts

Material summary

Individual involvement and employer context shown separately

William (Bill) Beament

Managing Director

Current
Company SuccessIssuer Reported · High materiality

Northern Star merger and Woodlawn restart

Northern Star’s FY2021 report records completion of its Saracen merger and FY2021 underlying profit of A$372m. Develop reported Woodlawn processed 201,130 tonnes in the September 2026 quarter and declared steady state in April 2026. These outcomes reflect teams, acquisitions and market conditions.

Role overlaps event; causation unproven · Beament held senior leadership during both periods; the results do not isolate his personal contribution.

SafetyDocumented · High materiality

Northern Star fined after Paulsens fatality

Western Australia’s mines department says Northern Star pleaded guilty and was fined A$90,000 in 2017 after a worker died of heat stroke underground in 2015. The regulator cited ventilation and heat-management failures.

Role overlaps event; causation unproven · Beament was a Northern Star senior leader; the company was convicted and no personal culpability is established.

SafetyDocumented · High materiality

Northern Star fined after Millennium injuries

WA government reports Northern Star was fined A$150,000 in March 2021 following a 2017 underground vehicle collision that injured two workers. The report identifies inadequate training and risk assessment.

Role overlaps event; causation unproven · The fine was against Northern Star; it does not establish his personal responsibility.

GovernanceIssuer Reported · Medium materiality

Develop disclosed related-party equipment purchase

The FY2026 report says Develop incurred A$1.685m to buy a drill rig at cost from Underground Rising, in which Beament had an indirect 50% interest. The board described the amount as immaterial to both parties.

Individual involvement documented · The interest and transaction are disclosed; no improper conduct or breach is asserted.

Develop 2026 annual report · printed pp.20–22, 48–49 and note 24
EnvironmentDocumented · Medium materiality

Woodlawn leachate investigation concerned neighbouring landfill

In May 2026 the NSW EPA ordered Veolia to investigate pollutants in groundwater at the Develop-operated mine, with a possible pathway from Veolia’s landfill. The investigation and source determination remained pending in that dated notice; Veolia described related investigative work in an August-labelled presentation.

Role overlaps event; causation unproven · The notice went to Veolia, not Develop or Beament; it does not establish his personal responsibility or the final source.

Veolia issued clean-up notice · 27 May 2026 news release
Role FitAnalyst Inference · Medium materiality

Operating and acquisition experience fits hybrid model

Northern Star executive leadership, prior contractor operations and Develop’s operating mine provide relevant sector experience, though results reflect wider teams and do not establish outcomes for planned new mines.

Responsibility not applicable · A professional judgment based on the roles and reported company outcomes.

September 2026 quarterly report · pp.1–4 and Woodlawn table
Evidence gaps · 4
  • Independent degree and professional membership confirmation not obtained.
  • Company safety convictions do not establish individual fault.
  • Final outcome of Veolia groundwater source and remediation investigation not established; its August-labelled presentation discusses continuing investigative work.
  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.

Full background report

William (Bill) Beament

Managing Director

Career chronology

Contributions and company outcomes

Northern Star merger and Woodlawn restart

2021–2026 · issuer reported · high materiality

Northern Star’s FY2021 report records completion of its Saracen merger and FY2021 underlying profit of A$372m. Develop reported Woodlawn processed 201,130 tonnes in the September 2026 quarter and declared steady state in April 2026. These outcomes reflect teams, acquisitions and market conditions.

Attribution: Role overlaps event; causation unproven. Beament held senior leadership during both periods; the results do not isolate his personal contribution.

Relevance: Relevant to operations and transaction delivery.

Northern Star 2021 annual report (chair letter, FY2021 results); September 2026 quarterly report (pp.1–4 and Woodlawn table); Develop hits steady-state production at Woodlawn (p.1)

Industrial safety

Northern Star fined after Paulsens fatality

2015–2017 · documented · high materiality

Western Australia’s mines department says Northern Star pleaded guilty and was fined A$90,000 in 2017 after a worker died of heat stroke underground in 2015. The regulator cited ventilation and heat-management failures.

Attribution: Role overlaps event; causation unproven. Beament was a Northern Star senior leader; the company was convicted and no personal culpability is established.

Relevance: Material company safety record during his tenure.

WA mines department 2016–17 annual report (printed p.36); Paulsens operations resume (p.1); Metals Acquisition Corp registration statement: advisor biography (Our Advisors, printed pp.7–8)

Northern Star fined after Millennium injuries

2017–2021 · documented · high materiality

WA government reports Northern Star was fined A$150,000 in March 2021 following a 2017 underground vehicle collision that injured two workers. The report identifies inadequate training and risk assessment.

Attribution: Role overlaps event; causation unproven. The fine was against Northern Star; it does not establish his personal responsibility.

Relevance: Additional historical safety context.

Gold miner fined after workers injured driving underground (2021 incident and fine); Metals Acquisition Corp registration statement: advisor biography (Our Advisors, printed pp.7–8)

Environmental record

Woodlawn leachate investigation concerned neighbouring landfill

May 2026 · documented · medium materiality

In May 2026 the NSW EPA ordered Veolia to investigate pollutants in groundwater at the Develop-operated mine, with a possible pathway from Veolia’s landfill. The investigation and source determination remained pending in that dated notice; Veolia described related investigative work in an August-labelled presentation.

Attribution: Role overlaps event; causation unproven. The notice went to Veolia, not Develop or Beament; it does not establish his personal responsibility or the final source.

Relevance: Site environmental management and third-party exposure.

Veolia issued clean-up notice (27 May 2026 news release); Woodlawn corporate update, August 2026 (slides 19–22)

Governance and interests

Develop disclosed related-party equipment purchase

FY2026 · issuer reported · medium materiality

The FY2026 report says Develop incurred A$1.685m to buy a drill rig at cost from Underground Rising, in which Beament had an indirect 50% interest. The board described the amount as immaterial to both parties.

Attribution: Individual involvement documented. The interest and transaction are disclosed; no improper conduct or breach is asserted.

Relevance: Relevant to related-party governance.

Develop 2026 annual report (printed pp.20–22, 48–49 and note 24)

Suitability for the current role

Operating and acquisition experience fits hybrid model

2026 assessment · analyst inference · medium materiality

Northern Star executive leadership, prior contractor operations and Develop’s operating mine provide relevant sector experience, though results reflect wider teams and do not establish outcomes for planned new mines.

Attribution: Responsibility not applicable. A professional judgment based on the roles and reported company outcomes.

Relevance: Directly relevant to owner–contractor strategy.

Metals Acquisition Corp registration statement: advisor biography (Our Advisors, printed pp.7–8); September 2026 quarterly report (pp.1–4 and Woodlawn table)

Evidence gaps

  • Independent degree and professional membership confirmation not obtained.

  • Company safety convictions do not establish individual fault.

  • Final outcome of Veolia groundwater source and remediation investigation not established; its August-labelled presentation discusses continuing investigative work.

  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.

Felicity Hughes

Former Interim Chief Financial Officer

Departed
GovernanceDocumented · Medium materiality

Interim CFO contract ended 29 October

Develop states Hughes stepped down at contract completion on 29 October 2026 and David Lonsdale assumed interim CFO duties the same day.

Individual involvement documented · The issuer identifies her departure; no negative reason is stated.

Company SuccessSelf Reported · Medium materiality

Newmont finance and integration experience

Newmont’s 2018 presentation identifies her as Australian regional CFO, while Hughes later reported leading finance integration after the Newcrest acquisition. The individual contribution and realised integration benefits are not independently quantified.

Individual involvement documented · CFO role is independently corroborated by the employer; integration details are self-reported.

SafetyIssuer Reported · Medium materiality

Newmont reported Boddington silicosis detection

Newmont’s 2023 sustainability report says a routine health check found early-stage silicosis at Boddington and it reviewed its health-surveillance programs. Hughes became Newmont Australia regional CFO in 2018 and later reported leaving Newmont in late 2025, but her precise role in 2023 and the worker’s exposure timeline are not established.

Employer context; no individual link established · The issuer records a company health matter; there is no evidence of her individual involvement or operational fault.

Evidence gaps · 5
  • Exact transition from Australian CFO to Newmont global finance role not independently dated.
  • No independent confirmation of degrees or current accounting membership.
  • Boddington exposure cause and individual responsibilities not established.
  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.
  • Her specific Newmont role and duties at the 2023 Boddington detection date are unverified.

Full background report

Felicity Hughes

Former Interim Chief Financial Officer

Career chronology

Education and qualifications

Issuer-reported finance credentials

2018 · issuer reported · low materiality

Newmont reports Hughes holds a Murdoch commerce degree, Columbia MBA and chartered accountant designation; no direct verification from institutions or membership body was obtained.

Attribution: Responsibility not applicable. Former employer biography, not independent credential verification.

Relevance: Relevant finance training.

Australia site tour presentation (slide 29)

Contributions and company outcomes

Newmont finance and integration experience

2018–2025 · self reported · medium materiality

Newmont’s 2018 presentation identifies her as Australian regional CFO, while Hughes later reported leading finance integration after the Newcrest acquisition. The individual contribution and realised integration benefits are not independently quantified.

Attribution: Individual involvement documented. CFO role is independently corroborated by the employer; integration details are self-reported.

Relevance: Relevant resource-sector finance experience during her interim term.

Australia site tour presentation (slide 29); Felicity Hughes career reflection (opening post)

Industrial safety

Newmont reported Boddington silicosis detection

2023 · issuer reported · medium materiality

Newmont’s 2023 sustainability report says a routine health check found early-stage silicosis at Boddington and it reviewed its health-surveillance programs. Hughes became Newmont Australia regional CFO in 2018 and later reported leaving Newmont in late 2025, but her precise role in 2023 and the worker’s exposure timeline are not established.

Attribution: Employer context; no individual link established. The issuer records a company health matter; there is no evidence of her individual involvement or operational fault.

Relevance: Former-employer health context with limited attribution.

Newmont 2023 sustainability report (workplace exposures section); Australia site tour presentation (slide 29)

Governance and interests

Interim CFO contract ended 29 October

2026-10-29 · documented · medium materiality

Develop states Hughes stepped down at contract completion on 29 October 2026 and David Lonsdale assumed interim CFO duties the same day.

Attribution: Individual involvement documented. The issuer identifies her departure; no negative reason is stated.

Relevance: Material current-roster correction.

Change of chief financial officer (p.1)

Evidence gaps

  • Exact transition from Australian CFO to Newmont global finance role not independently dated.

  • No independent confirmation of degrees or current accounting membership.

  • Boddington exposure cause and individual responsibilities not established.

  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.

  • Her specific Newmont role and duties at the 2023 Boddington detection date are unverified.

Elle Farris

General Counsel and Company Secretary

Current
GovernanceDocumented · Medium materiality

Conflicting dates for appointment

The 18 May 2023 appointment announcement said Farris would be general counsel and company secretary from 26 June. Develop’s 2026 annual report dates general counsel from 12 June and company secretary from 2 October; its October 2023 quarterly says she replaced Steven Wood as sole secretary on 2 October.

Individual involvement documented · Issuer sources conflict on dates; the quarterly explicitly identifies the sole-secretary transition.

EducationDocumented · Medium materiality

Law and arts degrees corroborated

A 2017 Curtin University conference biography reports a UWA law degree with distinction and a UWA arts degree, completed in November 2016; Develop also reports both degrees.

Responsibility not applicable · Conference biography corroborates issuer reporting; not a university registrar check.

Develop 2026 annual report · printed pp.20–22, 48–49 and note 24
Company SuccessSelf Reported · Medium materiality

Farris named in financing team

Perry describes working alongside Farris and Beament on the June 2026 Trafigura funding and offtake arrangements. His individual account does not independently quantify her role or establish eventual project returns.

Role overlaps event; causation unproven · Self-report names Farris as a collaborator; transaction outcomes depend on many parties.

Role FitAnalyst Inference · Medium materiality

Legal and disclosure experience

Her former Newmont corporate counsel and Develop governance responsibilities are relevant to listed company operations, although specific personal legal outcomes are not independently quantified.

Responsibility not applicable · Analytical assessment using sourced roles.

Evidence gaps · 3
  • Issuer sources conflict on her June 2023 commencement; 2 October sole-secretary transition is separately documented.
  • Current professional practising certificate and complete prior-employment dates were not independently confirmed.
  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.

Full background report

Elle Farris

General Counsel and Company Secretary

Career chronology

Education and qualifications

Law and arts degrees corroborated

2016–2017 · documented · medium materiality

A 2017 Curtin University conference biography reports a UWA law degree with distinction and a UWA arts degree, completed in November 2016; Develop also reports both degrees.

Attribution: Responsibility not applicable. Conference biography corroborates issuer reporting; not a university registrar check.

Relevance: Relevant to the general counsel role.

Property law conference speaker biographies (Elle Farris biography); Develop 2026 annual report (printed pp.20–22, 48–49 and note 24)

Contributions and company outcomes

Farris named in financing team

June 2026 · self reported · medium materiality

Perry describes working alongside Farris and Beament on the June 2026 Trafigura funding and offtake arrangements. His individual account does not independently quantify her role or establish eventual project returns.

Attribution: Role overlaps event; causation unproven. Self-report names Farris as a collaborator; transaction outcomes depend on many parties.

Relevance: Relevant transaction and legal experience.

Fraser Perry on Trafigura transaction (opening post)

Governance and interests

Conflicting dates for appointment

2023 · documented · medium materiality

The 18 May 2023 appointment announcement said Farris would be general counsel and company secretary from 26 June. Develop’s 2026 annual report dates general counsel from 12 June and company secretary from 2 October; its October 2023 quarterly says she replaced Steven Wood as sole secretary on 2 October.

Attribution: Individual involvement documented. Issuer sources conflict on dates; the quarterly explicitly identifies the sole-secretary transition.

Relevance: Important chronology for role and oversight.

Appointment of general counsel and company secretary (p.1); Quarterly activities report September 2023 (p.6); Develop 2026 annual report (printed pp.20–22, 48–49 and note 24)

Suitability for the current role

Legal and disclosure experience

2026 assessment · analyst inference · medium materiality

Her former Newmont corporate counsel and Develop governance responsibilities are relevant to listed company operations, although specific personal legal outcomes are not independently quantified.

Attribution: Responsibility not applicable. Analytical assessment using sourced roles.

Relevance: Relevant to listed-company legal and board advice.

Appointment of general counsel and company secretary (p.1); Develop 2026 annual report (printed pp.20–22, 48–49 and note 24)

Evidence gaps

  • Issuer sources conflict on her June 2023 commencement; 2 October sole-secretary transition is separately documented.

  • Current professional practising certificate and complete prior-employment dates were not independently confirmed.

  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.

David Lonsdale

Interim Chief Financial Officer

Current
Role FitAnalyst Inference · Medium materiality

Interim CFO has mining-services finance experience

Develop reports that Lonsdale spent ten years at Byrnecut, including leading finance for Australian divisions from 2020. The issuer says those divisions and consulting business had combined turnover above A$2.5bn, without specifying a measurement year.

Responsibility not applicable · The role-fit conclusion uses issuer-reported career history; turnover is employer-level, with period unspecified.

SafetyDocumented · High materiality

Byrnecut fined over a 2020 fatality

WorkSafe WA reports contractor Byrnecut pleaded guilty and was fined A$850,000 after a worker died at Carosue Dam in July 2020. Develop states Lonsdale led finance for Byrnecut Australian mining-services divisions from 2020, but exact incident-date role overlap and site responsibilities are not established.

Employer context; no individual link established · The conviction was against Byrnecut. No personal involvement or operational decision by Lonsdale is established.

ThinkSafe: safety prosecution updates · safety prosecution updates, Carosue Dam
Evidence gaps · 4
  • Exact dates and scope of Byrnecut roles, and whether he had any responsibility for Carosue Dam, remain unverified.
  • Qualifications, professional memberships, and additional material employers were not independently established.
  • Several unrelated UK-based namesakes appear in searches and were not attributed.
  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.

Full background report

David Lonsdale

Interim Chief Financial Officer

Career chronology

  • Interim CFO from 29 October 2026: Develop Global — General Manager Finance then Interim CFO. Change of chief financial officer (p.1)

  • Ten years before Develop; Australian finance leadership from 2020: Byrnecut — Finance manager of international operations and Australian mining-services divisions. Change of chief financial officer (p.1)

Industrial safety

Byrnecut fined over a 2020 fatality

2020–2023 · documented · high materiality

WorkSafe WA reports contractor Byrnecut pleaded guilty and was fined A$850,000 after a worker died at Carosue Dam in July 2020. Develop states Lonsdale led finance for Byrnecut Australian mining-services divisions from 2020, but exact incident-date role overlap and site responsibilities are not established.

Attribution: Employer context; no individual link established. The conviction was against Byrnecut. No personal involvement or operational decision by Lonsdale is established.

Relevance: Former-employer safety and contractor governance context.

ThinkSafe: safety prosecution updates (safety prosecution updates, Carosue Dam); Change of chief financial officer (p.1)

Suitability for the current role

Interim CFO has mining-services finance experience

2020–2026 · analyst inference · medium materiality

Develop reports that Lonsdale spent ten years at Byrnecut, including leading finance for Australian divisions from 2020. The issuer says those divisions and consulting business had combined turnover above A$2.5bn, without specifying a measurement year.

Attribution: Responsibility not applicable. The role-fit conclusion uses issuer-reported career history; turnover is employer-level, with period unspecified.

Relevance: Relevant to Develop’s contractor finance model.

Change of chief financial officer (p.1)

Evidence gaps

  • Exact dates and scope of Byrnecut roles, and whether he had any responsibility for Carosue Dam, remain unverified.

  • Qualifications, professional memberships, and additional material employers were not independently established.

  • Several unrelated UK-based namesakes appear in searches and were not attributed.

  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.

Nathan Stoitis

General Manager, Processing and Metallurgy

Current
GovernanceIssuer Reported · Medium materiality

Concurrent Rox board seat and nominee status

Rox’s 2026 annual report identifies Stoitis as a director and says he was not independent because he was a nominee for Hawke’s Point. Develop also reports his technical executive role.

Individual involvement documented · These are disclosed roles and classifications, not an allegation of misconduct.

Rox Resources 2026 annual report · corporate governance statement and directors report
Role FitAnalyst Inference · Medium materiality

Processing and consulting experience

The issuer reports a history of metallurgical consulting, including mine acquisitions and processing work. The evidence supports relevant experience but does not quantify his personal contribution to Woodlawn commissioning.

Responsibility not applicable · Inference from disclosed experience; individual operating outcome unquantified.

Evidence gaps · 4
  • Rox says the Develop role began in July 2025; the October 2025 Develop appointment announcement does not specify the start date.
  • Independent degree and fellowship confirmation unavailable.
  • Specific personal contributions to individual projects not independently quantified.
  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.

Full background report

Nathan Stoitis

General Manager, Processing and Metallurgy

Career chronology

Education and qualifications

Reported metallurgical engineering qualification

2025–2026 · issuer reported · low materiality

Develop reports a minerals engineering degree from the WA School of Mines and AusIMM fellowship; Rox reports a BEng. Neither issuer statement is an independent institutional verification.

Attribution: Responsibility not applicable. Qualifications are issuer-reported.

Relevance: Relevant technical expertise.

Develop senior resources appointments (pp.1–2); Rox Resources 2026 annual report (Nathan Stoitis biography)

Governance and interests

Concurrent Rox board seat and nominee status

2024–2026 · issuer reported · medium materiality

Rox’s 2026 annual report identifies Stoitis as a director and says he was not independent because he was a nominee for Hawke’s Point. Develop also reports his technical executive role.

Attribution: Individual involvement documented. These are disclosed roles and classifications, not an allegation of misconduct.

Relevance: Concurrent commitments and possible conflicts merit transparent oversight.

Rox Resources 2026 annual report (corporate governance statement and directors report); Develop senior resources appointments (pp.1–2)

Suitability for the current role

Processing and consulting experience

2025–2026 · analyst inference · medium materiality

The issuer reports a history of metallurgical consulting, including mine acquisitions and processing work. The evidence supports relevant experience but does not quantify his personal contribution to Woodlawn commissioning.

Attribution: Responsibility not applicable. Inference from disclosed experience; individual operating outcome unquantified.

Relevance: Relevant to processing and project commissioning.

Develop senior resources appointments (pp.1–2); Rox Resources 2026 annual report (Nathan Stoitis biography)

Evidence gaps

  • Rox says the Develop role began in July 2025; the October 2025 Develop appointment announcement does not specify the start date.

  • Independent degree and fellowship confirmation unavailable.

  • Specific personal contributions to individual projects not independently quantified.

  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.

Fraser Perry

General Manager, Business Development

Current
Personal SuccessSelf Reported · Medium materiality

Reported lead of Trafigura commercial work

Perry states he led commercial workstreams on the June 2026 Trafigura package. Develop reported a US$350m loan facility, US$50m warrant package and binding offtake; facilities and warrants have distinct economics and future mine outcomes remain unproven.

Individual involvement documented · His claimed personal role is self-reported; financing is an issuer-announced transaction, not delivery of future mines.

Role FitAnalyst Inference · Medium materiality

Investment and mining background fits growth role

The disclosed engineering and five-year investment-manager background is relevant to negotiating project finance and assessing acquisitions. The track record of specific investments and realised returns is not independently quantified.

Responsibility not applicable · Judgment from reported roles, not a verified individual return history.

Evidence gaps · 4
  • Named project-financing role is self-reported; independent transaction responsibility and economics are not established.
  • Individual investment outcomes and precise dates of pre-RCF roles are unavailable.
  • Degrees and membership were not independently verified.
  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.

Full background report

Fraser Perry

General Manager, Business Development

Career chronology

Education and qualifications

Reported engineering and finance qualifications

2025 · issuer reported · low materiality

Develop and Resource Capital Funds describe engineering and earth-science degrees from UNSW and a Kaplan applied-finance master’s; independent university confirmation was not obtained.

Attribution: Responsibility not applicable. Two employer biographies; credentials not checked against academic records.

Relevance: Relevant technical and commercial training.

Develop senior resources appointments (pp.1–2); Fraser Perry previous investment manager profile (education)

Personal achievements

Reported lead of Trafigura commercial work

June 2026 · self reported · medium materiality

Perry states he led commercial workstreams on the June 2026 Trafigura package. Develop reported a US$350m loan facility, US$50m warrant package and binding offtake; facilities and warrants have distinct economics and future mine outcomes remain unproven.

Attribution: Individual involvement documented. His claimed personal role is self-reported; financing is an issuer-announced transaction, not delivery of future mines.

Relevance: Relevant project-financing experience.

Fraser Perry on Trafigura transaction (opening post)

Suitability for the current role

Investment and mining background fits growth role

2025–2026 · analyst inference · medium materiality

The disclosed engineering and five-year investment-manager background is relevant to negotiating project finance and assessing acquisitions. The track record of specific investments and realised returns is not independently quantified.

Attribution: Responsibility not applicable. Judgment from reported roles, not a verified individual return history.

Relevance: Relevant to business development.

Develop senior resources appointments (pp.1–2); Fraser Perry previous investment manager profile (profile)

Evidence gaps

  • Named project-financing role is self-reported; independent transaction responsibility and economics are not established.

  • Individual investment outcomes and precise dates of pre-RCF roles are unavailable.

  • Degrees and membership were not independently verified.

  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.

Guy Singleton

Chief External Affairs Officer

Current
EnvironmentDocumented · Medium materiality

External affairs remit and Veolia notice

Central Desert identifies Singleton’s Develop remit as sustainability, Indigenous peoples, environment and external relations. The NSW EPA ordered neighbouring landfill operator Veolia to investigate possible leachate found in the Develop-operated mine. The notice did not establish the source or personal fault.

Role overlaps event; causation unproven · His general remit is documented, but no personal connection to the pollution or response is established; the notice was directed to Veolia.

Director profile · executive profile
Veolia issued clean-up notice · 27 May 2026 news release
Role FitAnalyst Inference · Medium materiality

Native-title and stakeholder experience

His executive environmental remit and Central Desert chair role align with stakeholder engagement; outcome and conflict-management effectiveness are not independently established.

Responsibility not applicable · Inference from named roles; no causal claim about decisions.

Director profile · chair biography
Evidence gaps · 4
  • Degree confirmation and consultancy mandate details are unavailable.
  • No individual causal connection to the Woodlawn leachate matter is established.
  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.
  • The issuer management page is undated, so continued role at the historical cutoff is based on its state when accessed and is not corroborated by a dated October filing.

Full background report

Guy Singleton

Chief External Affairs Officer

Career chronology

Education and qualifications

Reported doctorate and biology degree

reported by cutoff · issuer reported · low materiality

Central Desert reports a doctorate in Indigenous peoples’ development and first-class biological-science honours from Curtin University. Degree awarding and dates were not independently verified with the university.

Attribution: Responsibility not applicable. Professional biography reports qualifications.

Relevance: Relevant to stakeholder and environmental responsibilities.

Director profile (chair biography)

Environmental record

External affairs remit and Veolia notice

2023–May 2026 · documented · medium materiality

Central Desert identifies Singleton’s Develop remit as sustainability, Indigenous peoples, environment and external relations. The NSW EPA ordered neighbouring landfill operator Veolia to investigate possible leachate found in the Develop-operated mine. The notice did not establish the source or personal fault.

Attribution: Role overlaps event; causation unproven. His general remit is documented, but no personal connection to the pollution or response is established; the notice was directed to Veolia.

Relevance: Relevant to environmental and stakeholder risk.

Director profile (executive profile); Veolia issued clean-up notice (27 May 2026 news release)

Suitability for the current role

Native-title and stakeholder experience

2023–2026 · analyst inference · medium materiality

His executive environmental remit and Central Desert chair role align with stakeholder engagement; outcome and conflict-management effectiveness are not independently established.

Attribution: Responsibility not applicable. Inference from named roles; no causal claim about decisions.

Relevance: Relevant to land access and governance.

Investor site visit and organisation chart (corporate leadership); Director profile (chair biography)

Evidence gaps

  • Degree confirmation and consultancy mandate details are unavailable.

  • No individual causal connection to the Woodlawn leachate matter is established.

  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.

  • The issuer management page is undated, so continued role at the historical cutoff is based on its state when accessed and is not corroborated by a dated October filing.

Chris Taylor

Woodlawn General Manager (current role unconfirmed)

Current
Company SuccessIssuer Reported · Medium materiality

Woodlawn output after restart

Develop reported mine restart in 2025 and 201,130 tonnes processed at Woodlawn in the September 2026 quarter. Taylor was identified as mine GM in 2024 and 2025; independent dated confirmation of his role at the September 2026 quarter was not found.

Responsibility unresolved · Site-level company output cannot be attributed individually; later role continuity remains unconfirmed.

Woodlawn rehabilitation cost estimation · signed general manager page
September 2026 quarterly report · pp.1–4 and Woodlawn table
EnvironmentDocumented · Medium materiality

Woodlawn groundwater investigation

The NSW EPA issued a clean-up notice to adjacent operator Veolia after pollutants consistent with leachate were found in groundwater within the Develop-operated mine. Taylor was named as mine GM in dated 2024 and 2025 documents; his later role and the investigation’s final conclusions are not established.

Responsibility unresolved · The notice is directed to Veolia, not Taylor or Develop. No personal responsibility for pollution is established.

Veolia issued clean-up notice · 27 May 2026 news release
Woodlawn rehabilitation cost estimation · signed general manager page
Role FitAnalyst Inference · Medium materiality

Operational and emergency-response experience

Develop’s plan identifies Taylor as mine general manager responsible for pollution-incident response notifications. This role indicates relevant site oversight experience; no assumption is made about the outcome of the separate leachate inquiry.

Responsibility not applicable · Assessment draws on a dated corporate plan and does not establish incident responsibility.

Evidence gaps · 4
  • Identity is based on role and employer; common-name court and regulatory results could not be safely matched.
  • Independent dated confirmation of his current role after July 2025 and qualifications was not located.
  • Veolia investigation final source, extent and remediation outcome are unknown.
  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.

Full background report

Chris Taylor

Woodlawn General Manager (current role unconfirmed)

Career chronology

Contributions and company outcomes

Woodlawn output after restart

2024–2026 · issuer reported · medium materiality

Develop reported mine restart in 2025 and 201,130 tonnes processed at Woodlawn in the September 2026 quarter. Taylor was identified as mine GM in 2024 and 2025; independent dated confirmation of his role at the September 2026 quarter was not found.

Attribution: Responsibility unresolved. Site-level company output cannot be attributed individually; later role continuity remains unconfirmed.

Relevance: Relevant to mine delivery but evidence is limited.

Woodlawn rehabilitation cost estimation (signed general manager page); September 2026 quarterly report (pp.1–4 and Woodlawn table)

Environmental record

Woodlawn groundwater investigation

May 2026 · documented · medium materiality

The NSW EPA issued a clean-up notice to adjacent operator Veolia after pollutants consistent with leachate were found in groundwater within the Develop-operated mine. Taylor was named as mine GM in dated 2024 and 2025 documents; his later role and the investigation’s final conclusions are not established.

Attribution: Responsibility unresolved. The notice is directed to Veolia, not Taylor or Develop. No personal responsibility for pollution is established.

Relevance: Potential site-level environmental risk.

Veolia issued clean-up notice (27 May 2026 news release); Woodlawn rehabilitation cost estimation (signed general manager page)

Suitability for the current role

Operational and emergency-response experience

2024–2025 · analyst inference · medium materiality

Develop’s plan identifies Taylor as mine general manager responsible for pollution-incident response notifications. This role indicates relevant site oversight experience; no assumption is made about the outcome of the separate leachate inquiry.

Attribution: Responsibility not applicable. Assessment draws on a dated corporate plan and does not establish incident responsibility.

Relevance: Relevant to mine operations and safety.

Woodlawn pollution incident response plan (p.5); Woodlawn rehabilitation cost estimation (signed general manager page)

Evidence gaps

  • Identity is based on role and employer; common-name court and regulatory results could not be safely matched.

  • Independent dated confirmation of his current role after July 2025 and qualifications was not located.

  • Veolia investigation final source, extent and remediation outcome are unknown.

  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.

Rhys Watkins

Technical Services General Manager (identity and current role unconfirmed)

Current
Role FitAnalyst Inference · Medium materiality

Underground technical experience

Mining Plus identified a Rhys Watkins as area manager of its Australian underground team in 2022. A third-party profile attributes a later Develop technical-services role to a person of that name, but the identity match and role continuity remain unconfirmed.

Responsibility not applicable · Relevant role history supports a tentative skills assessment; identity and employment dates beyond Mining Plus remain partially corroborated.

Evidence gaps · 5
  • Develop title and exact role dates rely on an undated secondary profile, not a dated issuer announcement.
  • Degree and professional memberships not independently verified.
  • Several other people share this name; unrelated results were not attributed.
  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.
  • The connection between the Mining Plus manager and the Develop profile is not independently proven; third-party profile dates overlap.

Full background report

Rhys Watkins

Technical Services General Manager (identity and current role unconfirmed)

Career chronology

Suitability for the current role

Underground technical experience

2022–2026 · analyst inference · medium materiality

Mining Plus identified a Rhys Watkins as area manager of its Australian underground team in 2022. A third-party profile attributes a later Develop technical-services role to a person of that name, but the identity match and role continuity remain unconfirmed.

Attribution: Responsibility not applicable. Relevant role history supports a tentative skills assessment; identity and employment dates beyond Mining Plus remain partially corroborated.

Relevance: Relevant to underground technical oversight.

Mining Plus underground team post (2022 team post); Rhys Watkins technical services profile (work experience)

Evidence gaps

  • Develop title and exact role dates rely on an undated secondary profile, not a dated issuer announcement.

  • Degree and professional memberships not independently verified.

  • Several other people share this name; unrelated results were not attributed.

  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.

  • The connection between the Mining Plus manager and the Develop profile is not independently proven; third-party profile dates overlap.

Shannon Bunn

Operations executive; exact current title unconfirmed

Current
SafetyDocumented · Medium materiality

Byrnecut fined after Carosue Dam fatality

WorkSafe WA states Byrnecut was fined A$850,000 following a July 2020 worker fatality at Carosue Dam. Beament described Bunn as previously working in Byrnecut offshore operations but did not supply dates; his role, tenure overlap and any involvement in the Australian mine incident were not established.

Employer context; no individual link established · The corporate fine does not establish Bunn’s involvement or responsibility, and his exact tenure is unknown.

ThinkSafe: safety prosecution updates · safety prosecution updates
Develop Q2 2026 earnings call transcript · mining-services discussion
Role FitAnalyst Inference · Medium materiality

Underground contracting management experience

Develop identified Bunn as operations general manager in 2023, and Beament described his earlier Byrnecut offshore leadership in January 2026. His current title and individual contribution to operating results remain unverified.

Responsibility not applicable · Fit assessment is based on named roles, not individual outcome attribution.

Evidence gaps · 4
  • The precise current title and continuation after January 2026 have not been established from a later dated issuer record.
  • Exact Byrnecut tenure, sites and responsibilities, education and qualifications remain unverified.
  • No personal responsibility or established role overlap in the Carosue Dam fatality.
  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.

Full background report

Shannon Bunn

Operations executive; exact current title unconfirmed

Career chronology

Industrial safety

Byrnecut fined after Carosue Dam fatality

2020–2023 · documented · medium materiality

WorkSafe WA states Byrnecut was fined A$850,000 following a July 2020 worker fatality at Carosue Dam. Beament described Bunn as previously working in Byrnecut offshore operations but did not supply dates; his role, tenure overlap and any involvement in the Australian mine incident were not established.

Attribution: Employer context; no individual link established. The corporate fine does not establish Bunn’s involvement or responsibility, and his exact tenure is unknown.

Relevance: Relevant contractor safety context, with strict attribution limits.

ThinkSafe: safety prosecution updates (safety prosecution updates); Develop Q2 2026 earnings call transcript (mining-services discussion)

Suitability for the current role

Underground contracting management experience

2023–2026 · analyst inference · medium materiality

Develop identified Bunn as operations general manager in 2023, and Beament described his earlier Byrnecut offshore leadership in January 2026. His current title and individual contribution to operating results remain unverified.

Attribution: Responsibility not applicable. Fit assessment is based on named roles, not individual outcome attribution.

Relevance: Relevant to mining-services operations.

Investor site visit and organisation chart (organisation chart); Develop Q2 2026 earnings call transcript (mining-services discussion)

Evidence gaps

  • The precise current title and continuation after January 2026 have not been established from a later dated issuer record.

  • Exact Byrnecut tenure, sites and responsibilities, education and qualifications remain unverified.

  • No personal responsibility or established role overlap in the Carosue Dam fatality.

  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.