THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry.
CMW welcomes new appointments
The Chamber of Minerals and Energy of Western Australia has announced two key appointments – Julie Hill to the position of general manager, corporate services and Anne Dawson to the position of coordinator, events and communications.
Prior to joining CME, Hill was chief financial officer and company secretary for a number of ASX-listed minerals and exploration companies.
Dawson brings to CME six years’ experience in marketing and communications. Her previous role was senior marketing coordinator with an engineering contractor firm.
She recently completed a Masters of Communications and Media Studies.
MRG Metals (ASX: MRQ) has appointed Chris Gregory to its Board following the company’s recent acquisition of Sasak Resources Australia.
MRG highlighted Gregory’s technical and executive global minerals industry experience, which includes 22 years with Rio Tinto.
MRG expects his appointment will assist it in developing the company’s Kalgoorlie East and Xanadu projects, as well as new projects in the East Yilgarn and Fraser Range of Western Australia and IOCG projects in Queensland.
The company indicated the current difficult markets for junior exploration companies as the catalyst behind its decision to restructure its Board.
Albert Pietrzak is resigning from the position of chairman and the role is being assumed by current non-executive director Andrew van Der Zwan.
This change will take effect from 30 September 2013, to allow for transition to the new structure.
The company said the restructure of the Board is part of its commitment to reduce costs in reaction to current market conditions.
MRG directors have also volunteered to take reduction in remuneration and fees, also effective from 30 September 2013.
New chairman appointed and Board re-shuffled
Mamba Minerals (ASX: MAB) has appointed Michael O’Keeffe as the company’s chairman.
Mamba also advised Richard (Dick) Wright has been appointed as a non-executive director and Niall Lenahan as director and company secretary.
O’Keeffe has served on the Board of Riversdale Mining as chief executive and executive chairman.
Prior to his involvement with Riversdale Mining, O’Keeffe was managing director of Glencore Australia.
He is currently Chairman of Riversdale Resources, an emerging coal development company in North America.
Wright has held various executive and director level roles for both private and publicly listed companies in Australia, Europe and the United States, including being project director of Roy Hill at Hancock Prospecting, managing director of Fluor Daniel and executive chairman of Adrail and Paladio Ltd.
Lenahan has served as a CFO and company secretary of Riversdale Mining from 2006 -2011, including a period as finance director.
Greg Burns has resigned as director and will continue in the position of country manager for Mamba based in Canada.
Neville Bassett has resigned as a non-executive director and Robert Hyndes has resigned as a director and company secretary.
New company director joins Proto Board
The Board of Proto Resources & Investments (ASX: PRW) has announced the appointment of Andrew Heap as a non-executive director.
Heap has been on the Board of the Tasmanian Chamber of Commerce and Industry for three years and has held the position of chairman for the past twelve months.
He will be tasked with managing Proto’s Barnes Hill nickel-cobalt project, located northwest of Launceston in northern Tasmania.
Heap will be based in Launceston.
“The Board and I are very pleased to have this extremely high level appointment,” Proto R&I managing director Andrew Mortimer said.
“Mr Heap is a strong advocate and supporter of the Barnes Hill project and its parent company, Proto.
“We look forward to developing the mine with his help.”
WPG Resources announced the resignation of Heath Roberts from the company Board and as an employee to pursue new opportunities in a family run business.
Roberts had been a director of WPG since 2004, a year before the company listed on the ASX.
WPG said Roberts had played an important role in the start-up and listing of the company, even to the point of acting as company secretary in the early years.
He was involved in the 2006 acquisition and growth of Southern Iron, up to the successful sale of those iron ore assets in 2011, and the company’s current comprehensive review of mining investment opportunities.
WPG said it regretted Roberts’ decision to resign, but understand his reasons.