OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06

← TRE management

Full background report

Phil Russo

Managing Director

Career chronology

  • Earlier career; exact dates not established: Prior employers as stated in official or reviewed professional profile — Managing Director; mining executive with project development and mine construction experience, including leadership on West African Resources’ Sanbrado and Nordgold projects.. Company and Senior Management (Phil Russo profile; career/role section)

  • Current role; roster as of 2026-09-26: Toubani Resources Limited — Managing Director. Company and Senior Management (Phil Russo profile; title and role); Annual Report to shareholders (Directors’ report / Corporate Directory; executive name and title)

Personal achievements

Relevant professional experience

Earlier career; exact dates not established in reviewed profile · issuer reported · medium materiality

Managing Director; mining executive with project development and mine construction experience, including leadership on West African Resources’ Sanbrado and Nordgold projects.

Attribution: Individual involvement documented. The cited profile describes the person’s roles and involvement; outcome attribution is limited to what it explicitly states.

Relevance: Provides role-relevant experience; profile claims are issuer-reported and not a substitute for independent delivery evidence.

Company and Senior Management (Phil Russo profile; career/role section)

Kobada entered visible plant construction under Russo’s CEO tenure

October 2026 construction milestone · issuer reported · medium materiality

An industry report dated 6 October 2026 states that Kobada began carbon-in-leach tank erection, process-plant engineering was more than 95% complete, all long-lead mechanical items including the ball mill had shipped, more than 70% of project costs were committed, and the project target was first gold in Q3 2027. It also reports 1 million lost-time-injury-free hours during September. This is a measurable project-construction milestone during Russo’s tenure, not a completed mine or proven production result; the source does not assign sole credit to him.

Attribution: Role overlaps event; causation unproven. The report quotes Russo and identifies him as Managing Director, while execution is a company and contractor effort. First gold remained a future target at the cutoff.

Relevance: Material project-delivery evidence for CEO role, with outcome still incomplete.

Toubani begins CIL tank erection at Kobada (6 October 2026, construction progress and first-gold target, lines 61–79)

Suitability for the current role

Role fit and evidence limits

Assessment at cutoff 2026-10-09 · analyst inference · medium materiality

Mine-building, West African permitting and construction experience is relevant to Kobada development in Mali; company delivery is still being demonstrated.

Attribution: Responsibility not applicable. This is an analytical inference from the cited career profile and the company’s stated stage; it does not claim personal causation of company outcomes.

Relevance: Connects prior experience to the role’s execution and oversight needs.

Company and Senior Management (Phil Russo profile; career/role section)

Evidence gaps

  • The reviewed public professional and issuer materials did not establish verified degrees or professional credentials for this executive.

  • Exact dates for prior roles and independent confirmation of profile claims were unavailable in the reviewed materials.