1. CURRICULUM VITAE – JOHN CRONJE
CONTACT DETAILS
Address 18a Hooge Street
ZEERUST
2865
SOUTH AFRICA
Cell phone +27 82 852 7313
Fax +27 86 540 1305
Email johncronje11713@gmail.com
COMPUTER LITERACY
MS Office Excel Advanced. I make extensive use of own developed
spreadsheets in the performance of my duties.
MS Office Word Proficient
MS Office other suites Limited use in my current duties.
SAGE ERP Accounting package in use at the mine.
EMPLOYMENT HISTORY
April 2008 to the present
Group Financial Manager, Sallies Ltd
Financial Manager, Witkop Fluorspar Mine (Pty) Ltd
My current duties and responsibilities are listed below:
Accounting
 Ensure compliance with IFRS accounting practices.
 Give guidance to and overview the accounting transactions performed by the
Financial Controller on the SAGE ERP accounting program.
 Perform the group consolidation.
 Prepare the monthly management accounts for the group using own developed
Excel spreadsheets to provide the board with enhanced information.
 Prepare annual financial statements for the group companies using own developed
Excel spreadsheets.
 Prepared the annual report and the 6 monthly reports for publication per the
Johannesburg Stock Exchange listing requirements until 2011, at which time Sallies
was delisted following the buyout of minority shareholders by Fluormin Plc.

2.  Extensive input into the preparation of the EMPR by Coffey Mining prior to the
Fluormin assuming operational control of Witkop.
 Ensure that group capital expenditure authorisation procedures are adhered to.
 Ensure accounting control of capital expenditure by preparing reports for
management.
 Make provision for known or anticipated expenses.
 Review all account reconciliations monthly, and follow up were applicable.
 Authorise all payments as a signatory on First National Bank and the administrator
of the FNB internet banking site. Ensure split functional authorisation between
persons loading data on the site and two managers to releasing the payment.
Assets
 Maintain an asset register, reviewing the remaining lives of the assets.
 Arrange for insurance of the assets.
 Ensure the secure warehousing of consumable stores and capital items, with the
implementation of effective receiving, issuing and payment of suppliers procedures,
as well as physical security.
Auditors
 Liaise with the audit partner at BDO, Pretoria, for the performance of audits.
 Prepare comments on the audit reports produced by BDO for the board’s audit
committee.
 Liaise with Ernst & Young, Vancouver, Canada on audit issues that they raise. Ernst &
Young are the auditors of the ultimate holding company, Vanoil Energy Ltd.
Budgeting
 Extensive budgeting exercises to facilitate the raising of finance to re-open the
Witkop mine in early 2011.
 Zero based budgeting to ensure effective cost control.
 Given the volatility of the fluorspar market, extensive scenario planning on “what if”
analysis on own developed spreadsheets, by integrating costs, production, sales and
resultant cash flow implications.
 Budgets are also prepared for 5 years, 10 years as well as the life of mine.
Cash flow
 Cash flow projections are prepared on a weekly, monthly, quarterly and annual
basis.
 Variances are discussed at management and EXCO meetings.
 Cash flows are linked to detailed budgets for scenario planning.
EXCO
 A member of the EXCO committee responsible for financial reporting.
FOREX
 Ensure that funds from customers are received per the sales contract into the CFC
account.

3.  When the payment is by way of a Letter of Credit, submit the documents requested
in the LC to our bankers for submission to the client’s bank.
 Arrange for the conversion of funds out of the CFC account when funds in ZAR are
required, alternatively when the exchange rate is deemed to be favourable.
 Arrange Forward Exchange Cover when instructed by the board to do so.
Legal
 Deal with all the group’s legal matters liaising with the attorney handling the matter.
 Instruct and liaise with the company secretary on corporate matters.
Logistics
 Liaise with an external logistics company for the placement of train sets at the mine
rail siding and their release after being loaded by a contractor.
 Monitor the tonnages at port, liaise with our New York agent for the nomination of a
ship whose terms are either FOB Durban or CIF at the port of off-loading.
 Keep our client informed of arrangements.
 Liaise with SA Bulk Terminals at Maydon Wharf, Durban regarding the storage of
fluorspar and the subsequent loading of a bulk shipment.
 Arrange Inspectorate Marine to attend the loading and Inspectorate to perform belt
samples in terms of contract.
 Instruct Inspectorate M&L to perform chemical analysis.
 Liaise with the shipping agents for the loading of a shipment, and attend the loading
of the ship as the owner’s representative.
 Liaise with the customer regarding the off-loading of the ship, results of chemical
analysis and outturn mass, for final invoicing and payment of the balance due.
Procurement
 Authorise purchase orders prepared by the Chief Buyer.
 Ensure compliance by stores staff with procedures and purchase limits of the person
approving the requisition.
 In the instance of capital expenditure, that the purchase is in terms of the board
approval.
Production cost control
 Prepare detailed cost reports highlighting variances against zero based budgets.
Obtain reasons from the responsible head of department and take appropriate steps
to prevent a recurrence if necessary.
Salaries and Wages
 VIP is used for the payroll system.
 Ensure that personal employee data remains confidential.

4.  Ensure that the correct payments are made per employment contracts, approved
rates and attendance data. Abnormal payments such as overtime are to be properly
authorised.
 Ensure that PAYE, UIF and Skills levy are paid to SA Revenue Services before the 7th
of the month.
 Ensure payment of medical aid and provident fund contributions by the 7th
of the
month.
 Ensure that the annual PAYE reconciliation is prepared and submitted to SA Revenue
Services.
Sales of fluorspar
 Liaise with the agent based in New York regarding the placement of a ship for an
upcoming shipment, ensuring adequate product is at port and that SA Bulk
Terminals is aware of the shipment.
 Advice our forwarding agents Renfreight of the shipment, arrange with Inspectorate
M&L for sampling and analysis of the fluorspar loaded on board and Inspectorate to
act as our agents on board and perform the draft survey.
 Prepare and sign a commercial invoice, couriering this and other shipping and
analysis documentation required in terms of the contract to the buyer, or in the case
of a Letter of Credit, to our bankers on the prescribed form together with the
required documentation.
Stores
 Ensure that a proper system of inventory control is adhered to by Stores staff with
set minimum reorder levels, while at the same time avoiding stopping production by
stock outages.
 Reduce the value of the inventory holding to improve cash flow, in terms of the
limiting factor above.
 Ensure that all purchases are properly received, accounted for, securely stored until
issued against a properly authorised stores requisition.
 Arrange insurance cover for the inventory holding.
Taxation
 The annual IT14 return for the various companies are prepared and submitted to SA
Revenue Services by E-filing.
 Mining Royalty tax MRP2 return is prepared six monthly and submitted to SA
Revenue Services together with proof of payment.
 The diesel rebate to mining companies is claimed monthly.
 The VAT 201 is completed monthly to obtain the refund timeously to enhance cash
flow.
Treasury function
 The various company bank accounts are monitored on a daily basis.
 Surplus funds are invested in a money market call account to maximise interest
earnings.
 The various cheque accounts are funded from the call account when required.

5. Unions
 Participate in meetings with employee unions with regard to wage negotiations,
benefits and conditions of service. The unions recognised at Witkop are the National
Union of Mineworkers and Solidarity.
 Participated in the large scale retrenchment meetings in terms of the Labour
Relations Act, 66 of 1995, section 189(3), facilitated by the CCMA. Witkop was
placed on care and maintenance in October 2012 and 220 employees out of a
complement of 224 were retrenched.
PRIOR EMPLOYMENT HISTORY
April 1998 – March 2008
Self-employed, Daytem Clothing cc trading as Glennit Sportswear
Owner manager of a small sportswear manufacturing concern in Parys, responsible for all
functions of the operation. However a combination of cheap imports and high labour costs
made this uneconomic.
June 1982 – March 1998
Employed in various capacities in the Gold Fields of South Africa Ltd group of companies
(listed below), until retrenched when Gold Fields Ltd was formed from the merger with the
gold mines in the former Gencor group.
January 1994 – March 1998
Financial Manager, Leeudoorn, a division of Kloof Gold Mining Co Ltd
 Controlled a large capital spend as Leeudoorn was a new developing mine with sub-
vertical shaft sinking in progress, even though Leeudoorn had commenced gold
production on my arrival utilising the Kloof 3 shaft complex.
 Group procurement, payroll, accounting and stores systems. Consolidation
performed by head office accountant.
 Used Excel spreadsheets to provide more useful information to management than
that available in the group’s standardised format for gold mines.
 Leeudoorn was the pilot site for the introduction of the group’s Integrated Payroll
System, whereby all areas of mine had access control introduced by means of
turnstiles, which in turn determined attendance data for each employee which in
turn was fed seamlessly into the payroll system. I was the mine project leader and
worked closed with the head office project team. The IPS replaced the manual
timesheets and overtime requisitions, which were labour intensive and open to
abuse
March 1992 – January 1994
Financial Manager, O’Okiep Copper Co Ltd
 Listed on the ADR in United States of America
 Mine based main frame computer to run accounts, payroll and geology records. The
programmer reported to me in the hierarchy.

6.  Local onsite buyer, not subjected to Group procurement procedures, reported to
me.
 Introduced the computerised group stores system to replace the manual index card
system in use.
 Mine hospital and associated administration functions.
 Introduced the group medical aid at the mine. I led negotiations with service
providers and unions.
 Served on the Springbok Water Board, as the operations were administered by the
mine.
May 1990 – February 1992
Financial Accountant, O’Okiep Copper Co Ltd
 Developed management accounting reports from information on the mainframe
computer. The leave liability report was rewritten to accurately account for leave
liability, as concern had been raised by the auditors as to the accuracy of the
provision.
 Prepared the accounting records according to the Group and ADR requirements.
 Prepared accounts for the statutory Springbok Water Board.
May 1988 – May 1990
Financial Accountant, East Driefontein – a division of Driefontein Consolidated Ltd
 Pilot site for the group’s introduction of a computerised accounting system. Prior to
the successful implementation during my tenure, manual books of account had been
kept.
 The improved information from the computerised system, led to the appointment of
a Management accountant reporting to me to develop enhanced reporting.
September 1985 – April 1988
Mine Accountant, Greenside - a division of Gold Fields Coal Ltd
 Prepared the accounts of both Greenside and New Clydesdale collieries, which were
consolidated into GF Coal.
 Processed all payments to suppliers, for signature by authorised signatories.
 Recorded the sales to various Transvaal Coal Owners Association customers,
including shipments through Richards Bay (and associated foreign exchange
movements) and Highveld Steel and Vanadium.
April 1984 – August 1985
Assistant Payroll Accountant, Greenside Colliery
 Processed the payroll of the various classes of employees in terms the Gold Fields
code and various Chamber of Mines agreements.
 Submitted all the statutory and other deductions to the Mine Accountant and
reconciled the accounts on a monthly basis.

7. June 1982 – March 1984
Administrative Trainee, Gold Fields Training Services
 Worked in all positions in the financial department up to assistant department head
level and had to be signed off by the supervisor in each section as competent. My
training was done at Kloof Gold Mine Ltd, Rooiberg Tin Ltd and Deelkraal GM Ltd.
Other positions
 Numerous recreation and golf clubs as General Manager’s representative or
secretary.
 Member of the Springbok Water Board and the Springbok Regional Services Council
(1992 – 1994).
 Vice president of the Association of Mine Financial and Administrative Managers
(1997 – 1998).
Personal details
 Age 56
 South African identity number 580525 5051 085
 Date and place of birth 25 May 1958 Aliwal North, South Africa
 Married Two adult children
 Sports 19 Comrades Marathons
100 plus standard marathons and ultras
Advanced PADI scuba diver
Education
 Matriculated 1976 Selborne College, East London, South Africa
 B COM 1980 Rhodes University, Grahamstown, South Africa
majoring in Business Administration and Mercantile Law
 Managing in the mining industry 1990 Certificate Wits Business School, Johannesburg
 Mining tax and strategy July 2013 Katelego Fela Consulting
Honours by peers
 A case study of the implementation of an Integrated Payroll System at Leeudoorn GM.
Best paper presented at the 1997 annual general meeting of Association of Mine Financial
and Administrative Manager Association.