Cameron McRae biography
Cameron McRae is Independent Chairman of the Board of the Company. Mr. McRae has led the full mining development cycle in four countries and across three continents. Cameron served a 28-year career with Rio Tinto, and in Mongolia was President of Oyu Tolgoi LLC and Rio Tinto's country director. In that role he led the construction and start-up of the then US$6 billion Oyu Tolgoi copper-gold mine, located in the Southern Gobi, ahead of schedule, which at the peak of construction had over 15,000 people employed on site. Mr. McRae has led successful greenfield and brownfield construction projects, overarching business transformations and business improvement projects. At the corporate level, he has deep commercial/M&A experience and sat on a number of exploration and technical committees, including Oyu Tolgoi. Prior to Oyu Tolgoi, Cameron was CEO of Richards Bay Minerals in South Africa, Managing Director of Murowa Diamonds in Zimbabwe and Project Director for the Hail Creek Coking Coal Expansion project in Australia. Prior to 2004, Cameron held commercial and project leadership roles, both at Corporate and Business Unit levels. In 1995, he was a key team member responsible for the A$29 billion merger of CRA and RTZ into the dual listed Rio Tinto (which was the world's largest merger at the time). Mr. McRae has been based in Mongolia since late 2010, is an independent non-executive director of Erdene Resource Development and founder of Tarva Investment & Advisory, a broad-based consultancy firm. Tarva has advised both public and private sector clients in Mongolia and in the region. Cameron is active in Mongolian public life, as an executive director of the Business Council of Mongolia, and as a trustee of the Arts Council and founder of the Institute of National Strategy. Cameron was schooled in Australia and Africa and holds a commercial degree and an MBA (Monash University).
