Elvis has left the building

THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry.

Senior appointment to advance Dampier HMS project

Sheffield Resources (ASX: SFX) has appointed Wayne Groeneveld to the position of sustainability manager.
The appointment follows the company’s announcement of a resource upgrade for the
Thunderbird deposit on the Dampier HMS project.

Groeneveld has over 30 years’ experience in the mining industry, including senior positions with RGC Ltd, Pancontinental Mining Ltd, Goldfields Ltd, Placer Dome Australia Ltd and St Barbara Ltd.

Most recently, Groeneveld was general manager – sustainable development at Xstrata Nickel.

“Wayne is a highly respected figure in the industry and we are delighted to welcome him to the team,” Sheffield Resources managing director Bruce McQuitty said.

“His extensive experience will be a great asset as we advance the Thunderbird deposit towards development.”

Board Change – Appointment of Managing Director

Zenith Minerals (ASX: ZNC) has appointed respected geologist Michael (Mick) Clifford as managing director.

Clifford is a geologist with over 25 years’ experience in the exploration industry and has held senior technical and business development roles and explored for most major metal commodities.

Resignation of Director

Dragon Mining (ASX: DRA) has advised that non-executive director, Markku Mäkelä has tendered his resignation from the Board.

Director Appointment

Anglo Australian Resources (ASX: AAR) has appointed the company’s secretary, Graeme Smith to its Board of Directors.

Smith has over 25 years’ experience in finance and company administration.

He has held CFO and company secretary positions with Top 10 Australian and overseas mining companies and is currently the company secretary and/or CFO of five listed public companies.

Smith is also a director of Rubianna Resources (ASX: RRE).

Managing Director succession plan

Ramelius Resources (ASX: RMS) announced the company’s managing director Ian Gordon has given notice of his intention to stand down from his position in June 2014, following seven years of leadership.

Ramelius advised the company’s current chief operating officer, Mark Zeptner has been appointed to succeed Gordon to take the company forward in its next phase of growth.

Zeptner will commence his new role as chief executive officer in June 2014.

Gordon will stay on as a non-executive director of Ramelius until the 2014 Annual
General Meeting late this year.

Share sell-off – Director Resignation

Renaissance Minerals (ASX: RNS) informed the market Gryphon Minerals (ASX: GRY) has sold its holding of 22.3 million shares in Renaissance to predominately existing North American and Australian institutional shareholders.

As a result of Gryphon no longer being a shareholder in Renaissance, Mel Ashton has resigned as a non-executive director of the company.

The company believes the current structure of the Board, comprising of two independent non-executive directors (including the non-executive chairman) and the managing director, is suitable for the company’s current position.