THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry.
Key board and management appointments
IMX Resources (ASX: IXR) will be making a number of changes to its board and senior management team, effective from the end of September 2014.
The company said the changes are designed to ensure it has a strong leadership team in place as it transitions from being a South Australian iron ore producer to a Tanzanian minerals explorer.
Nick Corlis, who commenced with IMX earlier this year as general manager Exploration, has been appointed to the Board as executive director – Exploration.
The company’s chief financial officer, Phil Hoskins, has been appointed acting CEO.
IMX company secretary, Stuart McKenzie, has been appointed to the combined role of general manager Commercial and company secretary.
IMX chairman, Dr Derek Fisher, will assume a more ‘hands on’ role to support the company’s management team during this transition period.
Appointment of Director
Celamin Holdings (ASX: CNL) announced that Gary Scanlan has rejoined the board as a non-executive director.
In addition to his role as a non-executive director, Scanlan has agreed to serve as chairman of the Audit Committee of the Board and as deputy chairman of the Board.
“We are very pleased to have Gary’s direct input and greater involvement at a time when the company is moving to rapidly advance its definitive feasibility study of the Chaketma phosphate project in Tunisia,” Celamin Holdings chairman Andrew Thomson said.
“His project experience and knowledge of capital markets adds a vital element to the Board’s spectrum of expertise.”
Doray Minerals (ASX: DRM) has appointed Peter Lester to the company’s Board as a non-executive director.
Lester is a mining engineer by profession and has over 35 years’ experience in the mining industry.
He has held senior executive positions with North Ltd, Newcrest Mining, Oxiana and most recently with Citadel Resource Group as an executive director.
He is currently a non-executive director of Chesser Resources, Toro Energy, White Rock Minerals and Nord Gold NV.
“The Board welcomes Peter to Doray and we look forward to his input, utilising his significant experience, as we enter the next growth phase for the company,” Doray Minerals managing director Allan Kelly said.
Appointment of CEO
Minbos Resources (ASX: MNB) announced the appointment of Lindsay Reed as chief executive officer.
Reed is a mining executive with over 30 years’ experience in senior management roles in Australia and overseas, having previously been director and CEO of resource development company Aviva Corporation Limited.
Reed’s immediate focus will be to finalise the scope of a Definitive Feasibility Study pursuing capital and operating cost reductions, extend the high-grade component of the resource base, and to present the company to international investors, potential strategic and off-take partners.
Appointment of CEO and MD
Gold producer Troy Resources (ASX: TRY) has appointed Martin Purvis as its new chief executive officer and managing director.
Purvis is a qualified mining engineer and was most recently CEO of Singapore-based Sakari Resources, a 10Mtpa coal mining business that was demerged from ASX-listed Straits Resources in 2010.
“With over 30 years’ experience on the front line of the mining industry, in a variety of challenging roles, we are confident that Martin is the right match for Troy,” Troy chairman David Dix said.
“He has the right skill set to ensure the company maintains the significant momentum it has built up over recent years.”
Resignation of Non-Executive Director
Ramelius Resources (ASX: RMS) reported Ian Gordon has resigned as a non-executive director of the company.
Gordon joined Ramelius in 2007 as COO and was appointed CEO in 2009 and subsequently managing director in October 2010.
In June 2014 he ceased acting as managing director and continued on the Board as a non-executive director without remuneration.
Gordon told Ramelius his decision was based on a need to focus his efforts in his new external role [MD with Flinders Mines (ASX: FMS)].