Zenith Minerals Management

Management criteria checks 3/4

Zenith Minerals' CEO is Mick Clifford, appointed in Mar 2014, has a tenure of 10.17 years. total yearly compensation is A$507.34K, comprised of 55.2% salary and 44.8% bonuses, including company stock and options. directly owns 1.18% of the company’s shares, worth €210.20K. The average tenure of the management team and the board of directors is 3.5 years and 5.7 years respectively.

Key information

Mick Clifford

Chief executive officer

AU$507.3k

Total compensation

CEO salary percentage	55.2%
CEO tenure	10.2yrs
CEO ownership	1.2%
Management average tenure	3.5yrs
Board average tenure	5.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mick Clifford's remuneration changed compared to Zenith Minerals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$9m
Sep 30 2023	n/a	n/a	-AU$9m
Jun 30 2023	AU$507k	AU$280k	-AU$9m
Mar 31 2023	n/a	n/a	-AU$8m
Dec 31 2022	n/a	n/a	-AU$6m
Sep 30 2022	n/a	n/a	-AU$2m
Jun 30 2022	AU$288k	AU$245k	AU$1m
Dec 31 2021	n/a	n/a	AU$5m
Sep 30 2021	n/a	n/a	AU$3m
Jun 30 2021	AU$437k	AU$254k	AU$795k
Dec 31 2020	n/a	n/a	-AU$902k
Sep 30 2020	n/a	n/a	-AU$639k
Jun 30 2020	AU$265k	AU$212k	-AU$375k
Mar 31 2020	n/a	n/a	-AU$437k
Dec 31 2019	n/a	n/a	-AU$490k
Sep 30 2019	n/a	n/a	-AU$593k
Jun 30 2019	AU$296k	AU$233k	-AU$695k
Mar 31 2019	n/a	n/a	-AU$799k
Dec 31 2018	n/a	n/a	-AU$902k
Sep 30 2018	n/a	n/a	-AU$792k
Jun 30 2018	AU$232k	AU$208k	-AU$683k
Mar 31 2018	n/a	n/a	-AU$629k
Dec 31 2017	n/a	n/a	-AU$575k
Sep 30 2017	n/a	n/a	-AU$764k
Jun 30 2017	AU$281k	AU$193k	-AU$953k

Compensation vs Market: Mick's total compensation ($USD335.45K) is about average for companies of similar size in the German market ($USD402.64K).

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

CEO

Mick Clifford

10.2yrs

Tenure

AU$507,341

Compensation

Mr. Michael Joseph Clifford, also known as Mick, BSc (Hons), MSc, MAIG, is Chief Executive Officer of Zenith Minerals Limited since 2022 and had served as its Managing Director from March 2022 until 2022....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Clifford	CEO & Executive Director	10.2yrs	AU$507.34k	1.18% A$ 210.2k
Nicholas Bishop	Chief Financial Officer	no data	no data	no data
Chris Shanley	Exploration Manager	1.2yrs	no data	no data
Chik Ong Chen	Company Secretary	3.5yrs	no data	no data

3.5yrs

Average Tenure

Experienced Management: ZCB's management team is considered experienced (3.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Clifford	CEO & Executive Director	10.2yrs	AU$507.34k	1.18% A$ 210.2k
Stanley Macdonald	Independent Non-Executive Director	18.1yrs	AU$445.61k	1.94% A$ 343.5k
Geoffrey Rogers	Independent Non-Executive Director	1.2yrs	AU$34.51k	0.028% A$ 5.0k
Andrew Grove	Non-Executive Director	less than a year	no data	no data

5.7yrs

Average Tenure

Experienced Board: ZCB's board of directors are considered experienced (5.7 years average tenure).

Zenith Minerals Management

Management criteria checks 3/4

Key information

Recent management updates

Zenith Minerals Limited, Annual General Meeting, Apr 02, 2024

Zenith Minerals Limited Appoints Andrew Grove as A Non-Executive Director

Zenith Minerals Limited Announces Board Changes

Less than half of directors are independent

Zenith Minerals Limited, Annual General Meeting, Nov 17, 2023

Zenith Minerals Limited Announces Resignation of Emma Scotney as Non-Executive Director

Recent updates

First half 2024 earnings released: AU$0.01 loss per share (vs AU$0.011 loss in 1H 2023)

New major risk - Financial position

Zenith Minerals Limited, Annual General Meeting, Apr 02, 2024

Zenith Minerals Limited Appoints Andrew Grove as A Non-Executive Director

Zenith Minerals Limited Announces Board Changes

Less than half of directors are independent

New major risk - Revenue and earnings growth

Full year 2023 earnings released: AU$0.026 loss per share (vs AU$0.004 profit in FY 2022)

Zenith Minerals Limited, Annual General Meeting, Nov 17, 2023

QMines Limited agreed to acquire Develin Creek Copper-Zinc Project from Zenith Minerals Limited for AUD 4.5 million.

First half 2023 earnings released: AU$0.011 loss per share (vs AU$0.011 profit in 1H 2022)

Zenith Minerals Limited Announces Further Lithium Pegmatite Drill Results from the Split Rocks Lithium Project in Western Australia

Zenith Minerals Limited Reports a Major New Lithium Geochemical Target At the Split Rocks Lithium Project in Western Australia

Zenith Minerals Limited Announces Resignation of Emma Scotney as Non-Executive Director

Zenith Minerals Announces Significant Gold Assay Results Have Been Returned from the Dulcie Far North Prospect, Within the Company's Split Rocks Gold Project

Zenith Minerals Reports High-Grade Lithium Drill Results at Waratah Well

Zenith Minerals Limited Announces Drilling Update - Dulcie Gold Trend

Less than half of directors are independent

Zenith Minerals Limited Announces Management Changes

Zenith Minerals Limited Returns Significant Lithium Diamond Drilling Intersects Thick-High Grade Lithium Pegmatites At Split Rocks

Zenith Minerals Limited Commences Commences Lithium Drilling at the Waratah Well Project in Western Australia

Zenith Minerals Limited Provides Update on the Waratah Well Ni-Cu-PGE drill target in Western Australia

Zenith Minerals Limited Drilling Commenced at Mt Ida North Lithium Project in WA

Zenith Minerals Limited, Annual General Meeting, Nov 28, 2022

Full year 2022 earnings released: EPS: AU$0.004 (vs AU$0.003 in FY 2021)

Zenith Minerals Limited Announces That Follow-Up Rc Drilling Intersects Widespread Thick, Lithium Pegmatites At the Split Rocks Project in Western Australia

Zenith Minerals Limited Defines New Ni-Cu-PGE Drill Target

Zenith Minerals Limited Defines New Ni-Cu-PGE Drill Target

Zenith Minerals Limited Announces Three New Significant Developments Arising from Drilling Activity At the Earaheedy Joint Venture Zinc Project Located in Western Australia

Zenith Minerals Announces Resource Update

Zenith Minerals Announces Resource Update

Zenith Minerals Limited Announces Positive Lithium Metallurgy

Zenith Minerals Limited Recommences Drilling At Spilt Rocks Lithium Project

Zenith Minerals Limited Provides a Update on Drilling Activities at Earaheedy Zinc Joint Venture Project in Western Australia

Zenith Minerals Limited Announces New Lithium Pegmatites Intersected At Waratah Well Project

Alien Metals Ltd (AIM:UFO) completed the acquisition of Vivash Gorge Iron Ore Project in Pilbara from Zenith Minerals Limited (ASX:ZNC) for AUD 0.36 million

Zenith Minerals Limited Reports New High-Grade Drill Results from One of its Existing Gold Projects, Split Rocks, Located in Western Australia

Zenith Minerals Limited Receives Further High-Grade Copper-Zinc Drill Results from the Company's 100% Owned, Develin Creek Project Located in Queensland

Alien Metals Ltd (AIM:UFO) entered into a binding agreement to acquire Vivash Gorge Iron Ore Project in Pilbara from Zenith Minerals Limited (ASX:ZNC) for AUD 0.36 million.

Zenith Minerals Limited Provides an Update on Drilling Activities At the Company's Earaheedy Zinc Joint Venture Project Located in Western Australia

Zenith Minerals Limited Announces Commencement of Drilling At Waratah Well Lithium Project

Zenith Minerals Limited Appoints David Ledger as Executive Chairman

Insufficient new directors

Zenith Minerals Limited Announces Yalgoo Potash Brine Project in Western Australia Secured Through Three 100% Owned Exploration Licences

Zenith Minerals Limited Announces Update on Second New QLD Gold Project

Zenith Minerals Limited Announces Significant Lithium Drill Results at Split Rocks Project

Zenith Minerals Limited Announces Update on New QLD Gold Project

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Zenith Minerals Limited Announces Further High-Grade and Continuous Mineralisation at Chinook

Zenith Minerals Limited Announces Drilling Commenced on High-Grade Kalitan Feeder Zone

Zenith Minerals Limited Announces Best Drill Intersection to Date at Earaheedy Zinc Project

Zenith Minerals Limited Announces Drilling Commences Waratah Well Lithium Tantalum Target

Zenith Minerals Limited announced that it has received AUD 6 million in funding from EV Metals Group PLC

Zenith Minerals Limited Reports Drill Results from One of its Existing Gold Projects, Split Rocks, Located in Western Australia

Zenith Minerals Limited announced that it expects to receive AUD 6 million in funding from EV Metals Group plc

Zenith Minerals Limited Announces High-Grade Copper Confirmed At Scorpion Deposit - Develin Creek Project

Zenith Minerals Limited Announces Feeder Fault Mineralisation and Mineralised Zone At Navajoh New Feeder Fault Zone

Rumble Resources Limited Updates on Ongoing Scoping Drill Program At the Earaheedy Project

Independent Non-Executive Director Graham Riley has left the company

Insufficient new directors

Zenith Minerals Limited Announces Massive Sulphides Been Intersected at the Snook Prospect

Full year 2021 earnings released: EPS AU$0.003 (vs AU$0.002 loss in FY 2020)

Zenith Minerals Limited Announces Earaheedy Zinc Joint Venture Expansion of Drill Program

Zenith Minerals Limited Visions to Build A Gold and Base Metals Business with A Team of Proven Project Finders

Zenith Minerals Limited Announces Additional High-Grade Gold Zones Defined at Split Rocks

Zenith Minerals Limited Announces Strong Massive Copper Sulphide Results in Twin Hole Program at Develin Creek Project

Zenith Minerals Limited Announces Outstanding High-Grade Gold Results from Split Rocks Project

Bindi Metals Limited signed a binding heads of agreement to acquire non-core Flanagans copper-gold tenement in Queensland from Zenith Minerals Limited (ASX:ZNC) for AUD 0.45 million.

American Rare Earths Limited (ASX:ARR) completed the acquisition of Wyoming Rare Pty Ltd from Zenith Minerals Limited (ASX:ZNC).