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Mincor CEO steps down: This week’s executive movements

Mincor

Keep up with the latest executive movements across the mining sector, featuring Mincor Resources, OceanaGold Corporation, Fenix Resources and more.

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David Southam has announced he will step down as managing director and chief executive officer (CEO) of Mincor Resources.

With the company’s successful return to the ranks of Australian nickel producers and the ramp-up of its Kambalda nickel operations in Western Australia now well underway, Southam said this was a logical stage in Mincor’s lifecycle for a leadership transition.

After a career spanning more than 25 years at senior executive levels within ASX-listed resource companies, Southam said he wanted to be able to spend more time with family and to pursue personal interests. Southam has overseen Mincor’s return to production status over the past three-and-a-half years.

The board has appointed highly regarded senior mining executive Gabrielle lwanow as Southam’s successor. lwanow has extensive experience working at senior operational and executive levels within the bulk and base metal resources sector.

Iwanow has spent time at global mining giant Rio Tinto and, more recently, with OZ Minerals as general manager of the world-class Prominent Hill operation in South Australia.

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OceanaGold Corporation has made a host of appointments, including the transition of Scott Sullivan from chief operating officer (COO) to chief technical and projects officer.

Commencing in the fourth quarter of 2022, Sullivan will lead group-wide technical functions and providing strategic direction on studies and execution of major projects.

OceanaGold is moving to a regional chief operating officer model in recognition of the level of opportunity in each of its regions, which require executive-level support.

Peter Sharpe will join OceanaGold as COO Asia-Pacific in the fourth quarter of 2022. He will be accountable for the Waihi and Macraes operations in New Zealand and the Didipio mine in the Philippines.

David Londono, current executive general manager of the Haile gold mine in the US, has been promoted to COO Americas effective immediately, where he will continue to lead the Haile operation’s transformation and development of the Haile underground once permitted.

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Red Hill Iron has appointed Michael Wall as its new CEO after joining the company as exploration manager in January.

Wall has extensive industry experience and established working relationships with stakeholders in the company’s project areas. With a background in geology, he also has a detailed knowledge of the projects’ geology and exploration opportunities.

“I look forward to taking on the role of CEO and leading Red Hill Iron as we continue to execute our business strategy around the exploration of non-ferrous minerals on the extensive Red Hill Iron project area and iron ore development on the Pannawonica project,” Wall said.

Located in Western Australia, the Pannawonica project has an ore reserve of 4.68 million tonnes (Mt) at 56 per cent Iron at a 54.5 per cent iron cut-off grade within a total project mineral resource of 62.5Mt at 53.4 per cent iron.

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Fenix Resources is progressing a comprehensive leadership transition process in line with the company’s expansion.

Fenix said since 2018 it had successfully advanced from a junior to a highly profitable dividend-paying iron ore miner, with significant potential to capitalise on further growth opportunities.

Recognising the appropriate timing in the leadership transition process, Rob Brierley has tendered his resignation as managing director. Brierley will continue in the role for a period of up to three months to assist Fenix in the transition.

Fenix said it would be recruiting a chief financial officer as part of the transition process but did not reveal details of any further appointments.

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