St Barbara is feeling the pinch of soaring inflation, with a strategic review of its Simberi gold operation in Papua New Guinea underway.
Keep up with the latest executive movements across the mining sector, featuring Red 5, St Barbara, Galileo Mining and more.
Red 5 has appointed highly regarded non-executive director Fiona Harris AM to its board, bringing with her 27 years’ experience across various sectors including energy and resources.
The appointment further strengthens Red 5’s board as the company embarks on its next chapter of growth through the ramp-up of its King of the Hills gold project in Western Australia, which poured first gold last week.
“Fiona is one of Australia’s most respected and accomplished independent non-executive directors, with an impressive track record of service on the boards of some of the most successful listed and private companies, spanning a range of sectors,” Red 5 chair Kevin Dundo said.
“Fiona’s wide-ranging corporate experience, particularly her deep knowledge of corporate finance and M&A (mergers and acquisitions), governance processes and risk management, will be invaluable as Red 5 takes its next important steps towards being a leading mid-tier gold producer.”
Steven Dean has resigned from his role as a non-executive director of St Barbara, as he focuses his efforts on his role as chair and chief executive officer of Artemis Gold Inc.
St Barbara thanked Dean for his service, who proved particularly influential as chair of the board’s growth and business development sub-committee. The company said it would not hire a replacement director at the current time.
In April, St Barbara completed its acquisition of Bardoc Gold to accelerate its Leonora Province Plan connected to its Leonora gold operations, with the advanced Zoroastrian and Aphrodite underground deposits identified as noteworthy assets for the ASX-200 gold miner.
Galileo Mining has appointed highly experienced mining lawyer Cecilia Camarri as an independent non-executive director.
Through her role as special counsel at a WA law firm, Camarri acts as a legal adviser to private and listed mining companies and has both operational and management experience. Camarri was the in-house counsel for the Creasy Group from 2012–16.
“We are delighted to welcome Cecilia to the board of Galileo,” Galileo managing director Brad Underwood said. “She has outstanding expertise as a mining lawyer and a deep industry network which will assist the company as we look to transition from pure exploration to resource development at our recent Callisto palladium discovery.”
Galileo’s Callisto prospect at the Norseman project in WA is one of the exploration stories of the year so far, with significant 3E (palladium, platinum and gold) mineralisation being discovered at the deposit.
Scorpion Minerals has welcomed Michael Kitney as a non-executive director, bringing with him more than 40 years’ experience in resource evaluation and project development roles in Australia and internationally.
Kitney was chief operating officer at Kasbah Resources from 2010–17 and proved influential in the development of the Achmmach tin project in Morocco. He was recently chief metallurgist for lithium developer Prospect Resources and is currently an executive director at Mn Energy.
Scorpion is currently developing its Pharos project in the Murchison province in WA, consisting of 1544 square kilometres of granted tenure which is prospective for commodities such as gold, iron ore and lithium.
The appointment coincides with Craig Hall’s resignation from the Scorpion board.
St Barbara has entered into a binding scheme implementation deed (SID) that will enable the company to acquire 100 per cent of Bardoc Gold.
Kin Mining has turned down St Barbara’s offer to acquire the company after a lack of shareholder support was anticipated for the proposal.