Xanadu's directors are committed to upholding strong standards of corporate governance and social responsibility and creating value for shareholders.


Colin Moorhead

Independent Non-Executive Chairman

B.Sc (Hons) FAusIMM (CP) GAICD

Mr Moorhead is an experienced industry executive with a demonstrated track record of over three decades building value in mining companies through innovation, discovery, project development and safe, efficient operations. Colin has extensive experience in development and financing significant mining projects internationally. He also has experience with global mining operations as well as experience in successful mergers & acquisitions.

A geologist by training, Colin is known for strong leadership, strategy and execution that saw him rise through the ranks from a graduate with BHP in 1987 to an executive level manager responsible for global exploration and resource development at Newcrest Mining from 2008 to 2015, a period of significant growth for the company. Colin has significant relevant experience as CEO of emerging Indonesian listed producer PT Merdeka Copper Gold Tbk, where he built and led the team that constructed and commissioned the highly successful Tujuh Bukit Gold Mine. Colin is a Fellow, Chartered Professional and  Immediate Past President of AUSIMM, a graduate of AICD and Harvard Business School Advanced Management Program (AMP).


Andrew Stewart

Andrew Stewart

Executive Director & Chief Executive Officer


Dr Andrew is an exploration geologist with over 15 years’ experience in mineral exploration; primarily focused on project generation, project evaluation and exploration strategy development throughout Asia and Eastern Europe. Andrew has particular expertise in porphyry copper-gold and epithermal gold deposits, but has worked across a diverse range of commodities. He holds a BSc (Hons) from Macquarie University and a PhD from the Centre of Ore Deposits and Exploration Studies at the University of Tasmania. During his time at Ivanhoe Mines and Vale, Andrew held various technical and management positions in Mongolia and Indonesia and has been involved in several green fields discoveries. After providing technical and program management for Vale in Indonesia and Mongolia, Andrew joined Xanadu Mines as Chief Geologist leading the gold and base metals project generation and evaluation team in Mongolia. Andrew had been Managing Director and Chief Executive Officer of Xanadu Mines. Andrew is the Chairman of the Safety, Health and Environment Committee.


Ganbayar Lkhagvasuren

Ganbayar Lkhagvasuren

Executive Director & Country Manager


Ganbayar is a co-founder of Xanadu and has been a Director since 2006. He is the joint venture partner in Mongol Metals LLC and brings a vital Mongolian perspective to the Board of Directors. He works closely with the Managing Director in corporate development and managing the day-to-day operations in Mongolia. Ganbayar is a member of the Safety, Health and Environment Committee.


Michele Muscillo

Michele Muscillo

Independent Non-Executive Director


Michele is a Partner with HopgoodGanim Lawyers in Brisbane. He has practised exclusively in corporate law for the duration of his legal career and has extensive experience in mergers and acquisitions and capital markets transactions, including the negotiation of significant commercial contracts and agreements. His key areas of practice include Corporate Advisory and Governance, Mergers and Acquisitions, Capital Markets and Resources and Energy. Michele is also currently a Non-Executive Director with ASX-Listed Aeris Resources Limited (ASX: AIS) and a Non-Executive Director with ASX/TSX listed Cardinal Resources Limited (ASX/TSX: CDV). Formerly, Michele was also Non-Executive Director of Orbis Gold Limited from the time of its ASX listing, through the discovery of its flagship Natougou project and ultimately to the sale of the company to TSX-Listed SEMAFO Inc. (TSX: SMF) in 2015. Michele is the Chairman of the Nomination and Remuneration, and Audit and Risk committees.


Tony Pearson

Independent Non-Executive Director


Tony is an experienced international natural resources executive and company director. He is currently the Chair of ASX listed Peak Resources Ltd and Cellnet Group Ltd, a Trustee of the Royal Botanical Gardens & Domain Trust and a Non-Executive Director of Communicare Inc. He was formerly a Commissioner at the Independent Planning Commission, and previously a group executive at TSX/HKEx listed SouthGobi Resources, based in Hong Kong, where he was responsible for the company’s corporate and strategic initiatives. Tony also has over 15 year’s commercial and investment banking experience, covering the Asia Pacific natural resources industry, most recently as a Managing Director at HSBC.