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2026-11-06

← RRL management

Full background report

Michael Holmes

Chief Operating Officer

Career chronology

  • Current at FY2026 annual report; exact appointment date omitted unless independently evidenced: Regis Resources — Chief Operating Officer. Annual Report 2026 (PDF pages 12, 14–15; annual report printed pages 10, 12–13, leadership biographies); Appointment of Chief Operating Officer (Page 1, commencement 1 November 2023)

  • 2012–September 2021: OceanaGold — Chief Operating Officer then President and CEO. Appointment of Chief Operating Officer (Page 1, background); 2023 annual information form (Page 8, leadership change)

  • Dates not separately disclosed: Xstrata Copper — General Manager, Minera Alumbrera and Mount Isa operations. Annual Report 2026 (PDF pages 12, 14–15; annual report printed pages 10, 12–13, leadership biographies)

Industrial safety

Regis reported lower annual injury rate

FY2025–FY2026 · issuer reported · medium materiality

Regis reported a total recordable injury frequency rate of 4.84 per million hours in FY2026, versus 8.1 in FY2025; it reported no fatalities and one lost-time injury during FY2026.

Attribution: Role overlaps event; causation unproven. Holmes was COO; figures reflect the workforce and systems as a whole and do not prove his personal contribution.

Relevance: Operational safety outcome.

Annual Report 2026 (PDF page 48, printed page 46, FY2024–FY2026 safety table)

Governance and interests

Didipio suspension, permit and community dispute

2019–2021 · disputed · high materiality

OceanaGold reported that Didipio underground mining stopped in July 2019 and processing in October amid disagreement over the permitting position. In 2020 a community group alleged forcible police dispersal at a blockade. OceanaGold said it had not participated in the fuel delivery, described engagement with police and an emergency dewatering need, and later denied a violent attempt to run the blockade. The company reported permit renewal in July 2021; mining restarted in November after Holmes resigned in September. A later company filing reports continuing legal challenges to the renewal.

Attribution: Role overlaps event; causation unproven. Holmes was OceanaGold COO and then CEO during this period; no individual involvement in the alleged dispersal or personal fault is established.

Relevance: Material operating, community and permitting context; disputed accounts remain distinct.

2019 sustainability report (Chair and CEO message, Didipio operations); Didipio blockade statement (April 2020 statement, alleged dispersal); OceanaGold response concerning Didipio (11 May 2020 hosted company response, fuel delivery and police engagement); Didipio FTAA renewal and operations update (Renewal and CEO statement); 2023 annual information form (Page 8, Holmes resignation and November restart); Annual information form for 2025 (Pages 79 and 114–115, continuing FTAA litigation); OceanaGold response concerning the Didipio blockade (29 January 2021 company response, blockade denial and delivery explanation)

Suitability for the current role

Experience relevant to role

FY2026 report · analyst inference · low materiality

The FY2026 annual report describes Michael Holmes as Chief Operating Officer; the associated biography outlines relevant career experience. Independent verification of all role dates and qualifications remains incomplete.

Attribution: Responsibility not applicable. Role relevance is the analyst’s assessment, not proof of individual performance.

Relevance: Professional fit and evidence quality.

Annual Report 2026 (PDF pages 12, 14–15; annual report printed pages 10, 12–13, leadership biographies)

Evidence gaps

  • Independent confirmation of credentials and professional memberships was not obtained.

  • The broad name and employer searches are incomplete; targeted court, regulatory, safety, environmental, governance and fraud records and all material former employers require further review.

  • Individual contributions to company-wide financial, safety and operational results were not independently established.

  • Original Philippine court or regulator records and full investigation of the 2020 Didipio events were not located; community and company accounts remain disputed.