Elvis has left the building
THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry.
Director appointment and resignation
Conto Resources (ASX: CNO) announced that Jonathan King, who joined the Board as an alternate director to Robert Jewson in December 2012, will be taking a full Board position as a non-executive director.
Jewson has chosen to step down from the Board to concentrate on other work commitments.
Board changes
Rubianna Resources (ASX: RRE) has made changes to its Board of directors.
Gordon Dunbar, who has been a director since September 2011, has decided to retire as a non-executive director of the company.
Company secretary, Graeme Smith has been appointed in the interim to replace Dunbar.
Smith has over 25 years’ experience in finance and company administration having held CFO and company secretary positions with Top 10 Australian and overseas mining companies.
He is currently the company secretary and/or CFO for six listed public companies.
“Gordon has made a significant contribution in the two years he has been a director and we have benefitted from his input and knowledge,” Rubianna Resources chairman Terry Smith said.
“Having worked with Graeme Smith since the company was founded I welcome his appointment and look forward to continue working with him.”
Appointment of managing director
Republic Gold (ASX: RAU) announced the appointment of Mark Gillie as managing director and chief executive officer.
Ray Shorrocks will remain as chairman of the company.
The appointment coincides with the company’s proposed acquisition of African Stellar Mozambique Limitada, which holds the rights to three gold mining tenements in Manica Province, Mozambique.
“Mark is an Australian who has spent over 20 years working throughout Africa, in the exploration and mining industry, which makes him an ideal candidate to deliver on the company’s new Africa-focused strategy,” Shorrocks said.
“His wealth of experience on the continent includes a solid understanding of operational management, technical planning, production, geological modelling and mineral exploration.
“He is also conversant with corporate and mining law in numerous jurisdictions and is committed to sound corporate governance and investor transparency.”
Appointment of technical director
Erongo Energy (ASX: ERN) has appointed Marke Calderwood as a technical director.
The company has entered into an agreement to acquire Ninghan Exploration.
Ninghan has made applications for properties prospective for gold and base metals (copper, lead, silver and zinc) in Western Australia (Lyons project).
Ninghan’s projects were identified Mark Calderwood, who is the former CEO and managing director of West African gold producer Perseus Mining (ASX: PRU).
Chief executive officer appointment /resignation
Paradigm Metals (ASX: PDM) announced the appointment of Anthony Reilly as chief executive officer of the company.
Reilly has over 20 years’ experience in financial markets, financial risk management and corporate finance.
He has also served as executive director of an ASX-listed resource company.
Paradigm said he brings industry experience to the company as it continues to aggressively seek new project opportunities.
Paradigm Metals also advised that Greg Curnow has resigned from the position of CEO.
Director Resignation and Appointment
Mr Michael S. Perry & Mr Hanrui Zhong
Admiralty Resources (ASX: ADY) advised that Michael S. Perry has resigned as acting chairman and independent, non-executive director of the company.
Mr Hanrui Zhong has been appointed director of Admiralty.
Perry has been an independent non-executive director of the company since 14 October 2009.
Mr Hanrui Zhong, acting general manager since 21 May 2013, has been appointed director of the company effective on and from 21 June 2013.
Mr Zhong is currently a director of Taishan Resource company in Mexico and a director and shareholder of Sino Investment & Holding Pty Ltd, a substantial holder of Admiralty since March 2010.
Mr Zexing Ling, non-executive director of the company since 21 May 2013, is now the acting chairman.