Elvis has left the building July 8
THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. The Whisperer pokes his head down the corridors of power to take a quick look at some of the chairs to have recently been vacated and to find out which ones have been filled:
Appointment of Chief Operating Officer and Executive Director
Chalice Gold Mines has appointed Juan Jeffery as chief operating officer and executive director.
Jeffery is a dual qualified engineer and geologist with 28 years of international experience including senior management and executive roles in mining operations and consulting engineering in Asia‐Pacific and Africa with multinational corporations including BHP, URS and Parsons Brinckerhoff.
Segue introduces new MD
Segue Resources has appointed Steven Michael as managing director.
Michael has experience in the global resources sector specialising in corporate finance and equity capital markets with over 15 years’ experience in natural resources.
He has most recently been with RBC Capital Markets and has previously worked with Macquarie Bank and NM Rothschild & Sons.
African Iron appoints former MP
African Iron has appointed of The Hon. John Moore AO to its board of directors, as an independent, non-executive director.
Moore holds a Bachelor of Commerce and Associate in Accountancy from the University of Queensland and has had a distinguished career in Australian politics having served as Federal Minister of Defence, the Minister for Industry, Science and Tourism and Vice President of the Executive Council.
Prior to entering politics, Moore worked as a stockbroker and member of the Brisbane Stock Exchange for 12 years.
He has served on the board of many broking and banking related companies and is currently a director of Herencia Resources and Evolution Traffic Control.
Ampella appoints two Ronnies
Ampella Mining announced the appointments of Ronnie Beevor and Ron Renton as independent non-executive directors to its board.
Beevor is an investment banker and a senior advisor to Gryphon Partners, having previously been Head of Investment Banking at NM Rothschild & Sons (Australia) Limited.
He was formerly a non-executive director of ASX-listed Oxiana Limited and is currently chairman of TSX and AIM-listed EMED Mining Public Limited and a non-executive director of a number of junior mining companies.
Renton has over forty years’ experience in open pit mining internationally working for companies such as Alcoa, Rio Tinto, BHP, Inco and Anglogold Ashanti.
He has been involved in line management in operations up to chief executive level and Greenfields project development up to project director level.
Board changes at Latin Gold
Peter McAleer has been Latin Gold chairman since the company listed on the Australian Securities Exchange in 2000.
McAleer advised the company of his retirement as both chairman and director, which was effective from the close of business on 4 July 2011.
As a result of McAleer’s retirement Latin Gold has appointed Ian Middlemas as a non-executive director and chairman of the company.
Mark Pearce was appointed as a non-executive director.
New exploration manager
African-focused iron ore exploration and development company Waratah Resources has appointed Ian Brown as Exploration Manager.
Brown will be responsible for the exploration program at the Company’s lead project, the Youkou iron ore project in the Republic of Congo, in West Africa.
Brown has considerable experience in managing exploration projects in Africa having previously worked as senior geologist at Xstrata’s Zanaga iron ore project.