Investor Relations

Board of

The board views its primary role as the protection and enhancement of medium to long-term shareholder value. To fulfil this role, the board is responsible for the strategic direction and overall corporate governance of the company.
Lycopodium’s board, executives and employees are a diverse and experienced team with a strong knowledge of the engineering industry.

Michael (Mick) Caratti


Mick has nearly 40 years' experience in the mineral processing industry with involvement in conceptual evaluation, engineering, commissioning and study management for new and existing projects in Australia and overseas.

Mick has extensive experience in company management having been a director and shareholder of a successful engineering consulting company from 1982 to 1987, and then as a director and shareholder of Lycopodium from its formation in 1992.

Mick’s primary role as Chairman is to take a global view of the engineering industry and Lycopodium’s place in it whilst maintaining the company’s founding philosophies and strategies.

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Peter De Leo

Managing Director

Peter is the Managing Director of Lycopodium Limited and has been with the organisation since 1994. He was previously the Managing Director of Lycopodium Minerals Pty Ltd from 2009 through to 2015 and prior to that held the roles of General Manager – Operations, Manager of Projects and Project Director within the organisation.

Peter is a civil engineer with over 30 years’ experience in engineering and construction within the resources and infrastructure sectors. Peter possesses strong business management and project implementation skills and has been responsible for the successful delivery of many of Lycopodium’s pioneering and large scale projects. In his corporate roles he has led the organisation in shaping and reshaping as required to meet market needs and capitalise on opportunities.

A Fellow of the Institute of Engineers Australia, Peter maintains an active involvement with industry associations and tertiary education institutions both as a representative of the organisation and of industry.

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Bruno Ruggiero

Executive Director

Bruno is a founder of the Lycopodium group and has had a number of key roles throughout the group’s business units since its inception in 1992.

He currently serves as the Technical Director for Lycopodium Minerals, having overarching responsibility for the company’s technical knowledge base, capabilities and direction. At an operational level, Bruno’s role encompasses extensive project involvement, including responsibility for strategy and the definition and delivery of technical solutions in its EPC business.

Bruno is a mechanical engineer by training, with additional qualifications in process and structural engineering. His experience spans over 30 years in the minerals industry, having worked on various projects and studies in Australia, North America, South America, Europe, Asia and Africa in all facets of the company’s business – engineering, procurement, construction and management.

Bruno is an Executive Director of Lycopodium Minerals and a Non-Executive Director of ECG Pty Ltd.

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Karl Cicanese

Executive Director

As the Managing Director of Lycopodium Minerals Pty Ltd, Karl is responsible for leading Lycopodium’s minerals business across the Asia-Pacific and Africa regions.

A long-serving Lycopodium staff member with more than 25 years’ industry experience, Karl has an in-depth knowledge of our business, our clients and the markets in which we operate. He has held a number of senior roles within the company, including General Manager, Group Manager and Project Director.

His experience includes hands-on leadership roles on EPC and EPCM projects working for owners, engineers and construction contractor organisations, across feasibility, design, construction, commissioning, completions and operations and maintenance, both onshore and offshore.

Karl has a Master’s degree from Murdoch University’s School of Business and Law.

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Louise Bower

Non-Executive, Independent Director

Louise is a chartered accountant, with a wealth of commercial and strategic planning experience.

She has more than 25 years’ international experience in senior finance and corporate governance roles in both executive and non-executive capacities, predominately in the Resources and Technology sectors.

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Rodney (Rod) Leonard

Non-Executive Director

Rod is one of the founding partners of Lycopodium and a Director of Lycopodium Limited since listing in 2004.

A metallurgist by background, Rod has 30 years’ experience in a variety of roles in the operation and development of major projects in North and South America, Africa, Asia and Australia.  He has been involved in many aspects of the mineral processing industry, from process development, feasibility studies, and design assignments, to the commissioning of projects.

His management roles within Lycopodium have included Technical Director for the Risk Management Group, General Manager of Operations and Manager of Metallurgy.  Rod was Managing Director of Lycopodium Limited from 2010 to 2016, at which time he handed over the role to Peter De Leo and returned to focus on the management and growth of the company’s Resources division.

Rod retired as an executive in late 2019 but continues as a Non-Executive Director of Lycopodium Limited.

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Steven Chadwick

Non-Executive, Independent Director

Steven is a metallurgical graduate of the WA School of Mines with over 40 years’ experience in the mining industry, incorporating technical, operations and management roles, as well as a strong metallurgical background.

Steven is now a metallurgical consultant specialising in project management with a range of local and international clients. He was a founding director of BC Iron and a former managing director of Coventry Resources, PacMin Mining and, Northern Gold. Steven brings extensive industry and operations experience to the board.

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