Minara Resources Ltd is one of the major mining companies of Australia, specializing in the exploration of cobalt

Cobalt

Cobalt is a chemical element with symbol Co and atomic number 27. It is found naturally only in chemically combined form. The free element, produced by reductive smelting, is a hard, lustrous, silver-gray metal....

 and nickel

Nickel

Nickel is a chemical element with the chemical symbol Ni and atomic number 28. It is a silvery-white lustrous metal with a slight golden tinge. Nickel belongs to the transition metals and is hard and ductile...

. Based in Perth, Minara Resources was founded in 1994 as the successor to Anaconda Nickel Ltd. which was founded by Fortescue Metals Group

Fortescue Metals Group

Fortescue Metals Group is an Australian iron ore mining company. The company has holdings of more than 87,000 km² in the Pilbara region of Western Australia making it the largest tenement holder in the state. It is listed as FMG on the Australian Securities Exchange .In 2008, the group loaded...

 chief Andrew Forrest

Andrew Forrest

Andrew Forrest also known by his nickname "Twiggy", is a Western Australian mining entrepreneur, former chief executive officer, non-executive chairman, and the major shareholder of Fortescue Metals Group...

; it currently operates the Murrin Murrin Joint Venture

Murrin Murrin Joint Venture

The Murrin Murrin Joint Venture is a major nickel-cobalt mining operation being conducted in the North Eastern Goldfields, approximately 60 km east of Leonora, Western Australia...

 in conjunction with Glencore International AG

Glencore

Glencore International plc is a multinational mining and commodities trading company headquartered in Baar, Switzerland and with its registered office in Saint Helier, Jersey...

. In 2006, it had a capitalization of approximately $1.3 bn.

Key personnel

As of February, 2010:

• Peter Coates — Chairman
• Peter Johnston — CEO and Managing Director
• John Morrison — non-executive director
• Ivan Glasenberg
  Ivan Glasenberg
  Ivan Glasenberg, is the CEO of Glencore, one of the world's largest commodity trading companies. He is also on the boards of mining companies Xstrata plc and Minara Resources Ltd.-Background and early career:...
  
   — non-executive director
• Willy Strothotte — non-executive director
• Malcolm Macpherson — non-executive director
• Marc Ocskay - alternate non-executive director