THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry.
Appointment of CFO
Doray Minerals (ASX: DRM) has appointed Jon Latto as the company’s chief financial officer.
Prior to joining Doray, Latto was chief financial officer of ASX-listed Tanami Gold (ASX: TAM) for approximately six years, a period which included the transition to production from its high-grade Coyote underground operation.
Latto has previously worked with Ernst & Young in Australia, America and India on projects primarily related to finance function reform and has also held financial roles with Iluka Resources (ASX: ILU) in Australia, and Cable & Wireless Plc and Halifax Bank of Scotland in London.
Latto holds a Bachelor of Commerce and a Masters of Business from the University of Western Australia and is also a qualified chartered secretary.
Doray Minerals managing director Allan Kelly said the company was very pleased to be able to attract someone with Latto’s level of experience in the industry and welcomed him to the Doray management team.
Hemerdon tungsten project management team takes shape
Wolf Minerals (ASX: WLF, AIM: WLFE) has made a number of senior appointments to its project management team at the Hemerdon tungsten and tin project in Devon, in southwest England.
Mike Lean has been appointed Commercial and Financial Manager. He has prior experience in the extractive industry in the region, having worked for English China Clays PLC, in Cornwall. Lean has also had previous roles with major construction group, Morrison Construction and UK based international building materials company, Hanson PLC.
Barnaby Hudson has been appointed Environmental Manager. In his role with Wolf, Hudson will work closely with local and regulatory authorities, including Devon County Council and the Environment Agency, to ensure the Hemerdon project meets strict environmental controls.
John Briggs has taken on the role of Mineral Planning and Estates Manager. He has lived in Devon for 25 years and has extensive experience in the extractive and waste management industries. This includes having worked at a senior level at Sibelco’s Devon China Clay operations.
The Hemerdon project management team also welcomed the appointment of Civil Superintendent Charlotte Wilkins, Construction Manager David Henderson, Human Resources Manager Martin Hill and Plant and Infrastructure Manager Ian Reynolds.
“The company has moved from an exploration and development company to a company that is in the process of bringing a new tungsten mine into production,” Wolf Minerals managing director Humphrey Hale said.
“I am very pleased with the progress being made on the project and the ability of the company to attract such a highly-experienced team of professionals to take the Hemerdon project forward.
“We are very proud of being able to recruit many of our senior staff from the local region for what it is a globally significant project.”
Wolf also announced the appointments of three further senior management positions, with these roles to commence during September and October.
Andy Bond will join the company as Mines Manager, David Howourth will take up the role of Health and Safety Manager and Charlie Northfield has been appointed Process Plant Manager.
Wolf said it plans to continue its personnel recruitment process for the Hemerdon project over the coming months.
Appointment of former FMG executive
Mamba Minerals (ASX: MAB) has appointed former Fortescue Metals Group (ASX: FMG) executive Barry Knight as Technical Director.
Knight worked for FMG for 10 years (2003-2012), during which time he played a pivotal role in establishing the company’s resource base, compiling pre-feasibility and feasibility studies and product marketing.
He is a formally qualified geologist with an MBA, and provides Mamba with extensive experience across the full spectrum of resource identification and development.
As Mambas new Technical Director Knight will lead the exploration program at the company’s Snelgrove Lake iron ore project in Canada’s Labrador Trough.
Knight said the initial results from the CLC hematite deposit highlighted the outstanding potential of the Snelgrove Lake project.
“CLC is open at depth and along strike, the metallurgical results show there are very low contaminants and there are several other highly promising targets within the project area,” Knight said.
“I look forward to combining my experience in iron ore resource identification and development with the extensive knowledge and experience of the Mamba Board and Management to maximise the opportunity at what is clearly an outstanding project.”
Appointment of Chilean mining expert
Midwinter Resources (ASX: MWN) has appointed Eduardo Valenzuela to the company’s Board of Directors.
Midwinter has recently announced plans to earn a 65 per cent interest in the Mantos Grandes copper/gold project in Chile.
The company considers Valenzuela’s appointment is consistent with this strategy.
Midwinter expects Valenzuela will bring much needed local experience to the Board, and strengthen both the technical and commercial attributes of the management team.
That experience includes management of BHP Engineering’s Latin American office, management of the Phase IV expansion of BHP’s Escondida copper mine (Chile) and Strategic Planning Manager for Escondida.