With its world-class management team, Naran Mandal is setting a new high standard for gold mining and exploration companies in Mongolia.

Jamie Reuben
Director and Company co-founder
Jamie Reuben is a British businessman, investor and philanthropist. His work and interests span the real estate, hospitality, retail, sports, media, entertainment and technology sectors. He is a Principal at Reuben Brothers, which specialises in private equity, real estate investment and development, and debt financing globally. In 2011, Jamie co-founded Melbury Capital, an emerging market investment house, where he remains a Managing Partner.

Jamie spearheads Reuben Brothers’ newly established, yet rapidly expanding hospitality business, which acquires and develops hotels across the United Kingdom, United States and Europe. Jamie’s vision is to have best-in-class hotels, restaurants and private clubs in key international markets, with a modern, creative approach to guest experience. The successful opening of The Twenty Two hotel, restaurant and private members’ club on Grosvenor Square in London is a prime example of this vision coming to life. The portfolio Jamie leads is a combination of owner-operated properties and partnerships with some of the world’s best luxury and lifestyle-focused operators, including Oetker Collection (Hotel La Palma in Capri, The Vineta in Palm Beach), Corinthia Hotels (The Surrey in New York, The Corinthia in Rome), Baglioni Hotels (Luna Baglioni Venice), Ennismore/Accor (Mondrian Shoreditch), Experimental (Chalet in Verbier, Il Palazzo in Venice) and Pacha in Ibiza, with many more in the pipeline.

Other notable London projects that Jamie is taking an active role in include the development of Cambridge House (formerly the In & Out Club), Admiralty Arch (Waldorf Astoria) and Carrington House in London. He has a passion for architecture and design, with a particular interest in restoring iconic heritage properties – respecting the tradition while bringing them to life.

In 2021, Jamie Reuben formed part of the consortium that bought Newcastle United Football Club, where he sits on the Board of Directors of the club, supporting its executive team. His work with the Club, together with his involvement in Reuben Brothers’ investment in redeveloping office and retail space in the city centre, and his philanthropic work with the West End Foodbank has meant Jamie has built a close personal connection with the city and the people of Newcastle.

Jamie has a varied business portfolio. He is Managing Director of Burlington Arcade, London’s iconic retail destination; an investor and Board advisor of Project Etopia, a sustainable housing design and construction firm; and a Director of Arena Racing Company, Britain’s largest racecourse group. He also focuses on venture capital investing in the UK and US, supporting businesses in their respective growth strategies, including in tech and consumer-facing companies. Some of Jamie’s notable investments include the Lunaz Group, which upcycles and converts vehicles into zero-emissions powertrains, British luxury menswear and bespoke tailoring business Thom Sweeney, as well as KYU Restaurants in the United States, where he is a board member.

The Reuben Foundation is a major focus of Jamie’s. He is working to find innovative solutions to homelessness and housing shortages in the UK. He co-chairs Centrepoint’s dynamic Growth Board, responsible for leading the charity’s ground-breaking Independent Living Programme, including Reuben House, which aims to break the cycle of youth homelessness.

Jamie lives between London and the United States. He is a sports lover who plays and follows tennis, padel and football, as well as being a collector and admirer of contemporary art.

Andrew Danenza
Director and Company co-founder
Andrew Danenza is a seasoned entrepreneur, investor, philanthropist, and founder with over 20 years of experience in building successful teams and companies.

Andrew currently runs his family office as well as Atrum, Melbury Capital and other portfolio companies. He co-founded Melbury Capital in 2011 alongside Jamie Reuben. As an emerging markets investment firm, Melbury Capital has built Mongold, a 700-employee gold mining platform that specialises in buying, building, and operating gold mines.

Melbury and Mongold have also made substantial contributions to charitable and community outreach programs. A remarkable achievement was at the 2020 Tokyo Olympics, where Mongolia secured four medals, with two being earned by judokas sponsored and employed full-time by Mongold.

In 2016, Andrew co-founded Atrum with Brandon Green, an investment platform focused on venture and growth equity. Atrum has cultivated a philanthropic community of over a hundred members and is in the process of establishing a fellowship program. This initiative aims to mentor and provide grants to young individuals who are passionate about making a positive impact on the world.

Glenn Baldwin
Chief Executive Officer
Glenn Baldwin has more than 30 years of experience in the mining industry and has held a variety of technical, senior, and executive management positions, building mining skills from hands-on experience on the ground (and underground) through to international strategic planning.

Glenn holds a Bachelor of Engineering (Honours) in Mining from the University of South Australia, a Western Australian 1st Class Mine Managers Certificate, and a South African Mine Manager’s Certificate of Competency. He has has held executive roles with Gold Fields, Consolidated Minerals, as well as Ma’aden Gold and Base Metals. He also worked for an investment bank, where he further developed his experience in international business and finance.

Richard Sawyer
Country Director
Richard Sawyer has more than 15 years of experience managing private and public sector projects in emerging markets and has successfully led diverse international teams on the ground in the U.S., China, and Central and South America. Richard has lived in Mongolia for the past seven years where he has developed several multi-million dollar projects, both in and out of the mining sector.

Richard holds a master’s degree in Economics and International Relations from the Johns Hopkins School of Advanced International Studies (SAIS).

Battur Batbayar
VP of Corporate Development
Gideon Donkor
Mine Manager
Erdenebayar Oyun
Senior Geologist
Erdenetsogt Gochoosuren
Head of External Relations Department
Bayar Sodov
Head of Procurement Department
Saruul Enkhbold
Head of Admin Department
Seth Assam
Mine Manager
Tegshjargal Batsukh
Head of Project Department
Tuvshin Khadbaatar
Business Development Manager
Tumenbayar Enkhbold
Head of HSE Department
Tserenlkham Jambal
Mine Director
Ulziibayar Urjinsuren
Camp Manager
Zaantogtokh Badamgerel
General Counsel
Munkhzul Chuluunbat
Mine Director
Erdenebat Mazaalai
Camp Manager
Zoljargal Sugar
HR Manager
Itgel Erdenetumur
Finance Manager
Paul Ferreira
Financial Controller
Isaac Kwasi Nyampong
Head of Plant Department