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2026-11-06

← GMD management

Full background report

Raleigh Finlayson

Executive Chair

Career chronology

  • Managing director prior to January 2026; executive chair from 29 January 2026: Genesis Minerals — Executive Chair; previously Managing Director. Leadership restructure (Page 1 leadership restructure)

  • Managing director April 2013 to February 2021; previously operations: Saracen Mineral Holdings — Managing Director and previously Chief Operating Officer. Annual Report FY2026 (Page 14 board biography); Northern Star Resources Annual Report 2022 (Directors report, outside directorship table)

Education and qualifications

Issuer-reported qualifications

FY2026 annual report · issuer reported · low materiality

Genesis lists the abbreviated qualifications AdMineSurvey, BSc (Mine & Engineering), GradDipMinEng and GradCertAppFin. These qualifications were not independently verified.

Attribution: Responsibility not applicable. The issuer lists these qualifications; independent institutional confirmation was not obtained.

Relevance: Relevant to mining operations and executive leadership.

Annual Report FY2026 (Printed page 14, Raleigh Finlayson biography)

Contributions and company outcomes

Genesis operating growth

FY2025–FY2026 · issuer reported · medium materiality

Genesis reported FY2026 gold production of 285,402 ounces versus 214,311 in FY2025, with all-in sustaining costs of A$2,670/oz versus A$2,398/oz. These are company-wide outcomes, influenced by acquisitions and gold prices.

Attribution: Role overlaps event; causation unproven. Finlayson chaired or led the company; the contribution of individual executives is not separately measured.

Relevance: Shows operating growth and rising unit costs.

Annual Report FY2026 (Printed pages 10–11 shareholder letter)

Industrial safety

Fatality and later safety convictions at Saracen mine

2020; sentencing 2023 · documented · high materiality

In July 2020 a Byrnecut worker died at Saracen’s Whirling Dervish mine. WorkSafe reports that in December 2023 Northern Star (Carosue Dam) and Byrnecut pleaded guilty and were fined A$700,000 and A$850,000; a mine supervisor was separately fined. The separate 2020 Saracen announcement identifies Finlayson as managing director and reported the company response. The cited record does not establish personal wrongdoing by him.

Attribution: Role overlaps event; causation unproven. Finlayson was Saracen managing director in 2020; the cited convictions are against companies and the supervisor, not him.

Relevance: A material mine-safety outcome during executive oversight.

Fatality at Dervish mine (Page 1: Saracen fatality announcement); Safety prosecution updates May 2024 (Safety prosecution updates, Whirling Dervish); Companies and supervisor fined over mine worker death (Court report, paragraphs on guilty pleas and sentencing)

Evidence gaps

  • Independent university, professional membership and credential verification remains incomplete.

  • Past-employer dates, individual contributions and a comprehensive search of courts and regulators remain incomplete.

  • Personal causal responsibility for the 2020 fatality was not established; the regulator proceedings concern the companies and supervisor.