dra board of directors

Tim Netscher


Tim Netscher previously held the position of Managing Director & Chief Executive Officer of an ASX 300 company. Tim is currently the Chairman of two ASX listed companies and Non-Executive Director of a few other listed companies. Previously Tim has held the position of Executive Director for three different publicly listed companies, as well as being a Director of Industry Bodies. Tim has extensive experience in dealing with all levels of government.

Tim has successfully operated in several different countries and cultures, in a range of commodities and worked with joint venture partners from many different cultures, in roles spanning marketing, operations management, project management (concept studies through to large scale project implementation) and business development. In addition to working in varied resource industry roles around the world, Tim was also a director of successful mining services and supply company, Industrea Limited.

Tim holds a B.Sc. (Eng) (Chemical) from University of Witwatersrand; a B. Com. from University of South Africa; and a MBA from University of Cape Town.

Wray Carvelas

Executive Director & Chief Executive Officer


Wray Carvelas is the DRA Group CEO, based in Toronto. Wray has over 25 years’ experience in gold, copper, diamonds, iron ore, nickel and platinum. Before moving to North America, Wray was DRA’s Director of Projects for Africa, managing a project portfolio of five billion dollars. Wray has significant experience in operations management and project delivery and is particularly skilled in fast-tracking large scale projects. From 2011 until his appointment as group CEO in 2016, Wray focused on growing DRA’s business in the Americas, both organically as well as through acquisition. Wray is a metallurgist and has an MBA degree, adding formal management training to his significant practical leadership experience.


dra board of directors

Andrew Naude

CFO & Strategy Director


Andrew Naude is CFO and Strategy Director of the DRA Group. Andrew worked in the financial services industry for just short of 20 years with a decade of his experience earned at executive level. Andrew joined DRA in 2013 and is responsible for development and oversight of DRA’s financial and commercial activities, including mergers and acquisitions and strategic investments, as well as leading the group corporate services functions. Andrew has been extensively involved in strategic growth initiatives within the international business, and also served as interim CEO during 2016. Andrew is a Chartered Accountant and a member of the Institute of Directors in South Africa and Australia.


Leon Uys

Non-Executive Board Member


Leon Uys is a non-executive member of the DRA global board of directors. Leon actively worked for DRA for 23 years where he was instrumental in the organisation’s growth. Before joining DRA, Leon gained almost a ten years’ of industry experience. He joined DRA in 1987 and retired from his position as CEO in 2013, currently Leon guides the organisation at board level by setting the strategic direction for the global business.

Leon qualified from the University of Witwatersrand as a Mechanical Engineer in 1988 and also holds a MDP Project Management from the University of South Africa.



Clive Hart

Non-Executive Board Member


Clive Hart is one of the DRA founding members and currently a non-executive member of the board. Together with Tony Reynard and Brian Dowding, Clive started the DRA legacy in 1984 after gaining experience working for MCP and Anglo American. During his tenure at DRA, Clive has actively fulfilled various leadership roles; CEO Australian Operation, CEO Chinese Operation, Director Minopex and Director DRA Mineral Projects. In his current position, Clive assists the DRA executive team in their drive to position DRA as a leading global engineering company.

Clive holds a B.Sc. Eng (Metallurgy) and a BComm degree. He is a registered professional engineer and a member of the SA Institute of Mining and Metallurgy and a member of the SA Coal Processing Society.

Paul Salomon

Non-Executive Director

Paul Salomon joined Stockdale Street in 2011 and is responsible for leading the team that looks after the Oppenheimer Family’s South African Private Equity interests.

The Oppenheimer Family were the founders of Anglo American and led DeBeers for 85 years (from 1927 until 2012). As a result, the Oppenheimer Family has four generations of investing experience on the African continent.

Prior to joining Stockdale Street, Paul was the co-founder of Altirah Capital, a South African private equity & venture capital house. Before this, Paul was the Chief Financial Officer of Everest Capital (Pty) Ltd, an Australian hedge fund business. Prior to his involvement in the hedge fund industry, Paul worked at ABN AMRO in Australia and Investec Bank Ltd in South Africa in their corporate finance divisions.

Paul qualified as a Chartered Accountant in Australia, is a CFA charter holder and earned a B.BusSci. (Honours) from the University of Cape Town.


Peter Maw

Non-Executive Director


Peter is an executive partner of Stockdale Street South Africa (formerly Southern Cross Capital) which he founded in 2003. Stockdale Street South Africa represents the private equity interests of the Oppenheimer family in South Africa. Peter was one of the founders of Primedia Limited in 1993 and, as an executive director from 1993 to 2003, was responsible for all of its corporate finance and mergers and acquisition activities.

Peter remains a non-executive director and a chairman of the Audit Committee of Primedia. Peter was also a non-executive director to Massmart Holdings Limited and a member of the Audit Committee and Strategy & Investment Committee of Massmart from 2003 to 2011. Prior to the establishment of Primedia, Peter co-founded Merhold Kirsh Capital Limited in 1991 following two years in corporate finance at Standard Merchant Bank and the completion of his articles at Coopers & Lybrand in 1987.