THE BOURSE WHISPERER: The junior mining company Boardroom shuffle is a dance that is proving as popular as ever.
Chief Executive Officer appointment
Blackthorn Resources (ASX: BTR) announced Mark Mitchell has agreed to join the company as its chief executive officer.
His appointment will be effective from 1 January 2014.
Mitchell has business experience in the mining industry, having held senior operational and general management roles with Perseverance Corporation, MPI Mines/Leviathan Resources, Lihir Gold Co and more recently Newcrest Mining Limited.
Appointment of Chief Financial Officer
NRW Holdings (ASX: NWH) announced that Andrew Walsh has been appointed as chief financial officer effective on January 6, 2014.
Walsh takes over from Tony Raschella who has been acting CFO since August 2013.
Walsh has over 25 years of experience in the international financial arena having held senior finance and executive roles in project based companies covering, defence, manufacturing, oil & gas and resources.
Dampier Gold (ASX: DAU) announced that non-executive director Philip Retter has resigned from the Board to pursue other business interests.
The company also announced that Peiqi Zhang has been appointed as a non-executive director with Ms Hui Guo as his alternate director and as Board representative of Columbus Minerals Pty Ltd, the Company’s largest shareholder.
Additionally, non-executive director Susan Hunter has resigned from the Board and will remain as company secretary.
Board changes at graphite developer
Lincoln Minerals (ASX: LML) advised that, as foreshadowed in the Notice of Annual General Meeting, non-executive directors Eng Hoe Lim and Kwang Hou Hung did not seek re-election or election respectively at the Annual General Meeting and consequently have retired from the Board.
East Africa Resources (ASX: EAF) has appointed Robert Kirtlan and Mike Griffiths to the Board of the company.
Kirtlan has over 20 years of company management experience and has spent seven years in global mining investment banking in Perth, Sydney and New York working for major global investment banks with a specialist role in the mining and natural resources sector.
Kirtlan is currently a director of Aviva Corporation Limited (ASX), RMG Limited (ASX), Credo Resources Limited (ASX) and Homeland Uranium Inc (CAN).
Griffiths has over 30 years’ experience in the resources sector.
Griffiths is a non-executive director of Tiger Resources (ASX: TGS), a non-executive director of Chrysalis Resources (ASX: CYS), a non-executive director of RMG Limited (ASX: RMG) and President of TSX-listed Currie Rose Resources.
East Africa Resources also announced Lindsay Colless has resigned as chairman of the company.
Resignation of Director
John Kenny has advised his resignation from the Board of Sun Resources (ASX: SUR) effective immediately.
Kenny, a lawyer by profession, has served as a non-executive director of Sun from 1 March 2012.
Resignation of Director
Korab Resources (ASX: KOR) advised the market Malcolm J. McKenzie has resigned as director of the company to concentrate on his other business interests.
McKenzie served as Korab’s non-executive director since February 2009.
Appointment of non-executive director.
KBL Mining (ASX: KBL) announced the appointment of Greg Starr as a non-executive director.
Starr, aged 48, has over 30 years’ experience in corporate and operational financial management, with the last 21 years focused on the resources and mining sector.
He is currently managing director of Crater Gold Mining Company and has previously been chief executive officer/managing director of Golden China Resources Corporation, Michelago Limited and Emperor Mines Limited.
Starr is a member of the Australian Society of Certified Practising Accountants and a member of the Australian Institute of Company Directors.