Frank Timis, Chairman of the Timis Corporation, cut his teeth in the mining industry in Western Australia, where he worked as a prospector looking for diamonds, minerals and gold. By the age of 27, Frank started his first mining venture. This kick-started a career spanning three decades, building a multi-billion dollar portfolio of rich natural resource assets around the world.
Acknowledged as one of the most successful entrepreneurs in the UK and of Romanian origin, Frank is an important player in the global natural resources industry. Unafraid to take risks, he has a reputation as someone who is prepared to be the first to invest in countries looking to rebuild themselves after periods of political instability. He was recently listed in the Forbes 2011 World’s Billionaires list and featured in the Sunday Times 2011 Rich List.
Frank has a strong sense of corporate and social responsibility. He ensures this is instilled throughout his companies and in his personal life. He feels a particular affiliation with the West African Sub Continent including Sierra Leone, where his flagship company African Minerals is based, and Romania, his birth country. He also significantly donates to charities and cultural causes in West Africa, Kazakhstan and the UK where his companies operate.
African Petroleum Corporation Limited (NSX:AOQ) (“African Petroleum” or the “Company”) announces a discovery at the Bee Eater-1 well. The well was designed to test the Turonian fan by way of a large step out of 9.5 km, west of the original Narina-1 oil discovery and has encountered 48 metres of Narina equivalent oil bearing Turonian …More
