GoldMining Management

Management criteria checks 3/4

GoldMining's CEO is Alastair Still, appointed in Apr 2021, has a tenure of 3.58 years. total yearly compensation is CA$478.32K, comprised of 30.3% salary and 69.7% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth CA$324.27K. The average tenure of the management team and the board of directors is 3.6 years and 7.6 years respectively.

Key information

Alastair Still

Chief executive officer

CA$478.3k

Total compensation

CEO salary percentage	30.3%
CEO tenure	3.6yrs
CEO ownership	0.1%
Management average tenure	3.6yrs
Board average tenure	7.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Alastair Still's remuneration changed compared to GoldMining's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 31 2024	n/a	n/a	-CA$23m
May 31 2024	n/a	n/a	-CA$24m
Feb 29 2024	n/a	n/a	-CA$25m
Nov 30 2023	CA$478k	CA$145k	-CA$29m
Aug 31 2023	n/a	n/a	-CA$26m
May 31 2023	n/a	n/a	-CA$20m
Feb 28 2023	n/a	n/a	-CA$16m
Nov 30 2022	CA$444k	CA$131k	-CA$13m
Aug 31 2022	n/a	n/a	-CA$3m
May 31 2022	n/a	n/a	-CA$7m
Feb 28 2022	n/a	n/a	CA$100m
Nov 30 2021	CA$362k	CA$144k	CA$100m
Aug 31 2021	n/a	n/a	CA$90m
May 31 2021	n/a	n/a	CA$94m
Feb 28 2021	n/a	n/a	-CA$12m
Nov 30 2020	CA$555k	CA$33k	-CA$11m

Compensation vs Market: Alastair's total compensation ($USD341.29K) is below average for companies of similar size in the Canadian market ($USD726.29K).

Compensation vs Earnings: Alastair's compensation has increased whilst the company is unprofitable.

CEO

Alastair Still (52 yo)

3.6yrs

Tenure

CA$478,323

Compensation

Mr. Alastair Still, BSc (Hon), MSc, PGeo serves as Chief Executive Officer at GoldMining Inc. since April 01, 2021. He has been Director and Chairman of U.S. GoldMining Inc. since September 12, 2022.He ha...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Amir Adnani	Founder & Non-Independent Co-Chairman of the Board	14.3yrs	CA$508.52k	2.7% CA$ 6.3m
Alastair Still	Chief Executive Officer	3.6yrs	CA$478.32k	0.14% CA$ 324.3k
Paulo Valle Neto	President	9.9yrs	CA$174.41k	0.50% CA$ 1.2m
Patrick Obara	Secretary & CFO	15.2yrs	CA$198.36k	0.66% CA$ 1.5m
Katherine Arblaster	Vice President of Environment	1.8yrs	no data	no data
Timothy Smith	Vice President of Exploration	2.6yrs	no data	0.051% CA$ 118.5k

3.6yrs

Average Tenure

52.5yo

Average Age

Experienced Management: GOLD's management team is considered experienced (3.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Amir Adnani	Founder & Non-Independent Co-Chairman of the Board	14.3yrs	CA$508.52k	2.7% CA$ 6.3m
David Garofalo	Non-Independent Co-Chair	1.8yrs	CA$328.77k	no data
Paul Zweng	Member of Technical Advisory Board	7.6yrs	no data	no data
Anna Tudela	Independent Director	1.5yrs	CA$36.67k	0.0019% CA$ 4.5k
Garnet Dawson	Non-Independent Director	6.5yrs	CA$47.42k	0.21% CA$ 492.2k
Harbance Dhaliwal	Independent Director	11.7yrs	CA$41.35k	0.012% CA$ 28.3k
Tok Kong	Independent Director	14.1yrs	CA$41.39k	0.036% CA$ 83.5k
Mario Garnero	Member of Advisory Board	6.7yrs	CA$85.49k	no data
Gloria L. Moya	Lead Independent Director	14.3yrs	CA$40.90k	0.014% CA$ 33.2k
Enzio Garayp	Member of Technical Advisory Board	11.7yrs	no data	no data
Ross Sherlock	Member of Technical Advisory Board	7.6yrs	no data	no data
J. Mahoney	Member of Technical Advisory Board	6.8yrs	no data	no data

7.6yrs

Average Tenure

64.5yo

Average Age

Experienced Board: GOLD's board of directors are considered experienced (7.6 years average tenure).

GoldMining Management

Management criteria checks 3/4

Key information

Recent management updates

Non-Independent Director recently sold CA$204k worth of stock

Secretary & CFO exercised options to buy CA$248k worth of stock.

President exercised options to buy CA$112k worth of stock.

GoldMining Inc., Annual General Meeting, May 16, 2024

Secretary & CFO exercised options to buy CA$375k worth of stock.

Non-Independent Director recently sold CA$62k worth of stock

Recent updates

Goldmining Inc. Reports Additional High-Grade Drilling Results and Identifies Multiple Drill Targets, Sao Jorge Project, Brazil

New major risk - Financial position

Non-Independent Director recently sold CA$204k worth of stock

Will GoldMining (TSE:GOLD) Spend Its Cash Wisely?

GoldMining Inc. Reports Final Drill Assay Results from the Previously Announced Diamond Drilling Program, and A Progress Update for the Ongoing Auger Drilling Program, at the Company's 100% Owned São Jorge Project in the Tapaj's Gold District

Secretary & CFO exercised options to buy CA$248k worth of stock.

President exercised options to buy CA$112k worth of stock.

GoldMining Inc Intersects 37 Metres Grading 2.26 g/t Gold Within Mineralized Corridor of 163 Metres Grading 1.02 g/t Gold at the São Jorge Project, Brazil

GoldMining Inc. Reported Preliminary Results from Reprocessing, Inversion and Modeling of Historic Geophysical Surveys on the Rea Uranium Project ("Rea Project"), Western Athabasca Basin, Alberta, Canada

GoldMining Inc. Commences Drilling at the Sao Jorge Gold Project, Brazil

New major risk - Revenue and earnings growth

Is GoldMining (TSE:GOLD) In A Good Position To Invest In Growth?

GoldMining Inc., Annual General Meeting, May 16, 2024

Goldmining Inc. Announces Plans for Advancing the Rea Uranium Project (The "Rea Project" or the “Project”), Western Athabasca Basin, Alberta, Canada

Secretary & CFO exercised options to buy CA$375k worth of stock.

GoldMining Inc. Provides an Update on Exploration Activities Ongoing At the Sao Jorge Gold Project, Brazil

GoldMining Inc. has completed a Follow-on Equity Offering in the amount of $50 million.

GoldMining Inc. has filed a Follow-on Equity Offering in the amount of CAD 32.359 million.

Non-Independent Director recently sold CA$62k worth of stock

President recently sold CA$109k worth of stock

GoldMining Inc. Announces Positive Preliminary Economic Assessment on the La Mina Project, Colombia

GoldMining Inc. Announces Election of Anna Tudela as New Member of the Board

Here's Why GoldMining (TSE:GOLD) Can Afford Some Debt

GoldMining Inc. Announces an Updated Mineral Resource Estimate on its 100% Owned La Mina Project

GoldMining Announces the Appointment of David Garofalo as Co-Chair

GoldMining (TSE:GOLD) Is Carrying A Fair Bit Of Debt

Price target decreased to CA$4.63

GoldMining Inc. Announces Assay Results from the Final Hole of Its Recently Completed Five Hole 3,485 Metre Drilling Program on the La Garrucha Target

GoldMining Inc. Extends Mineralization at its La Garrucha Target, La Mina Project, Colombia: Drill Results Include 431.23 m At 0.73 g/t AuEq

We Think GoldMining (TSE:GOLD) Has A Fair Chunk Of Debt

Goldmining Inc. Discovers Extension of Its La Garrucha Target, La Mina Project, Colombia

GoldMining Inc. Appoints David Kong as Director

Investor sentiment deteriorated over the past week

Price target decreased to CA$4.63

GoldMining Inc. Commences Exploration Drilling on its La Mina Project, Colombia

GoldMining Inc. Announces Appointment of Tim Smith as Chief Executive Officer of U.S. GoldMining Inc

Independent Director exercised options to buy CA$100k worth of stock.

Non-Independent Director recently sold CA$107k worth of stock

President recently sold CA$319k worth of stock

GoldMining Inc., Annual General Meeting, May 19, 2022

GoldMining Inc. Announces Positive Preliminary Economic Assessment for La Mina Project

Investor sentiment improved over the past week

GoldMining Reports Additional Infill Core Sampling at São Jorge Including Mineralized Saprolite At Surface

Investor sentiment improved over the past week

Investor sentiment improved over the past week

GoldMining Inc. Announces Advances Preliminary Economic Assessments and Updates Mineral Resource Estimates on Key Properties

Investor sentiment improved over the past week

Price target decreased to CA$4.25

GoldMining Inc. Reports New Mineral Resource Estimates for Titiribi and La Mina Projects, Colombia

Goldmining Inc. Announces an Updated Mineral Resource Estimate for the Whistler Project, Alaska

Goldmining Inc. Provides Independent Technical Report Yellowknife Gold Project Northwest Territories, Canada

GoldMining Initiates Preliminary Economic Assessment and Announces an Updated Mineral Resource Estimate for the São Jorge Project, Brazil

Independent Director exercised options to buy CA$96k worth of stock.

Price target decreased to CA$4.25

Secretary & CFO recently sold CA$163k worth of stock

Founder & Chairman of the Board exercised options to buy CA$261k worth of stock.

CEO & Director exercised options to buy CA$159k worth of stock.

GoldMining Inc., Annual General Meeting, May 20, 2021

New 90-day low: CA$2.08

New 90-day low: CA$2.25

New 90-day low: CA$2.52

Independent Director recently sold CA$163k worth of stock

Price target lowered to CA$4.98

Independent Director exercised options to buy CA$325k worth of stock.

New 90-day low: CA$2.71

Independent Director recently sold CA$155k worth of stock

Independent Director recently sold CA$89k worth of stock

Independent Director exercised options and sold CA$61k worth of stock

Independent Director recently sold CA$115k worth of stock