Gobi News


Mr Sebastian Hempel


Sebastian Hempel is a governance professional who has transitioned from being a leading securities and corporate lawyer at Minter Ellison from late 1996 to early 2008. Prior to that he worked in Investment Banking at Macquarie Bank. In the early 90s he was in the Companies Department of the Australian Stock Exchange administering the Listing Rules.

Sebastian has broad experience in providing legal advice to companies of all sizes on corporate matters, with a primary emphasis on fundraising, particularly IPOs, and acting in relation to listed public companies and companies in the resources sector. He currently consults to a boutique Brisbane corporate law firm.

From 2012 to 2014 Sebastian was the Executive Director of Fitzroy River Corporation, an ASX listed oil and gas royalty company, having served on its board as an independent director since 2009 when it was involved in unconventional gas exploration and production. He has been the Chairman of The Armidale School since 2011 and he is currently Chairman of Carpentaria Cattle Company, as well as 3 public companies in the resources sector, including Gobi Coal & Energy Ltd.

Sebastian has Science and Law degrees from Sydney University and also holds a Graduate Diploma in Applied Corporate Governance.


Mr Joseph Borkowski

Director and Chief Executive Officer

Mr. Borkowski is Chairman and CEO of Rasia Group, a Dubai-based group of principal investment companies focused on natural resources and strategic infrastructure in emerging and frontier markets. Rasia specializes in both direct investments and consortium investments for projects of national importance in which Rasia takes the lead investment risk. Rasia and Mr. Borkowski currently manage and have portfolio holdings including gold-silver mining, coking coal, uranium, railway and high speed road projects. Rasia also manages a hedge fund focused on natural resources. Rasia has been actively engaged in joint investment opportunities with several China and Middle East state-owned enterprises since 2009. Mr. Borkowski is a 2004 graduate of Columbia Business School with an MBA in Finance and is a former New York investment banker with specialties in M&A, private equity, and shareholder activism and was previously a trader in convertible and risk arbitrage.


Mr Sean Delaney

Director and Chief Financial Officer

Mr. Delaney is a seasoned mining industry veteran with more than 27 years of board and executive level experience with substantial operational and financial expertise. Mr. Delaney has spent most of his career in the mining industry in Australia and Asia with deep exposure to emerging and frontier markets and started his career as a driller in the Goldfields of Western Australia during the early 1990s.

Since then Mr. Delaney has held a variety of leadership positions in both operations and finance including as Chief Financial Officer in mining and exploration companies involved in coal, gold, copper and uranium projects. Mr. Delaney has broad exposure to mining operations, mergers and acquisitions, corporate finance, hedging, and information system management implementation.

Mr Delaney graduated with a Commerce degree from Curtin University and a Masters of Business Administration from Curtin Business School in Perth. Mr. Delaney is a qualified accountant and member of the Certified Practising Accountants (CPA) in Australia.


Mr Hugh Babbage

Coal Marketing

Mr Babbage is a mining engineer with more than 30 years experience of working in the Australian and international mining industry, with a major involvement in international coal and minerals markets. The first 10 years of his career was focused on Australian coal mining operations, engineering and feasibility work, employed by Thiess, CSR and Shell in Queensland and New South Wales. Mr Babbage moved into international coal marketing whilst at Shell and later joined MIM where he was instrumental in developing coking and thermal coal markets to allow the tripling of MIM's Queensland coal business during the 1990's.

In recent years Mr Babbage has provided advisory and consulting services to a number of Australian and international clients on a medium to long term basis, involving both technical and commercial aspects of a substantial range of coal, iron ore, manganese and industrial minerals projects, both operating and potential, both in Australia and internationally.

Mr Babbage is a Member of the Australasian Institute of Mining & Metallurgy (AusIMM) and the UK-based Institute of Materials, Minerals & Mining (IMMM), and is registered in the UK as a Chartered Engineer (CEng).