Michael Fischer is a professional mining engineer with more than 30 years of mine management experience, covering gold and base metals in South Africa, Australia, Papua New Guinea, Chile and Kyrgyzstan. In his previous post, he served as President of the Kumtor Gold Company, a multi-million oz. gold mine with more than 5,000 employees.
At Kumtor Michael was instrumental in the re-capitalisation of the mine with capital expenditure of 1 billion dollars over 3 years resulting in quantum increases in production from 280,000 tonnes to 600,000 tonnes per day, the extension of the life of mine from 2012 to 2026, and increasing mill throughput to 17,000 tonnes per day.
With more than 15 years of experience managing private and public sector projects in emerging markets, Richard has successfully led diverse international teams on the ground in the US, China, as well as Central and South America. Richard has lived in Mongolia for the past 7 years and has developed several multi-million dollar projects there, both in and out of the mining sector.
Richard holds a master’s degree in Economics and International Relations from the Johns Hopkins School of Advanced International Studies (SAIS).