Denham mines Pembroke talent
When Barry Tudor stepped down as CEO of listed mining firm Gloucester Coal in 2012, he left behind quite a legacy. Tudor and his team shepherded the firm through a number of high-profile acquisitions – including that of Australia’s Middlemount Project from Macarthur Coal in 2010 – taking Gloucester’s market capitalization from A$500 million to A$1.7 billion in the space of three years.
The company was eventually acquired by China's Yanzhou Coal but the management team stayed together, forming Pembroke Resources. There was no shortage of potential investors on the other end of the phone....
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