New management team appointed to rejuvenate Plutonic Operations
- Key new management appointments at Plutonic
- Appointees already yielding positive operating results
- Team's focus is on improving the basic operating key performance indicators such as material moved, development and mill throughput. Through this focus, gold production is expected to increase and costs to fall
Key appointments are:
Senior Advisor to the Board | +30 years, ex-Macquarie Division Director, | |
Plutonic General Manager | +17 years, ex-Barrick; GM Lumwana, | |
Group Operations Manager | +30 years, ex-VP Mining Grasberg (Freeport McMoRan) | |
Manager Mining | +30 years, ex- Project Manager Byrnecut |
In addition to these Plutonic-focused appointments, the Company is pleased to introduce
Catalyst's Managing Director & CEO,
"The calibre of this team is a testament to the inherent quality and potential of the Plutonic operations, and those people that work there. These names will be familiar to many in the industry. They bring decades of experience. All operations have challenges and a team of this calibre know how to manage and handle such challenges.
"The team has been working together since early July. The changes being implemented are bearing results. All workforces want to be proud of their results and with this team we believe we have the leadership required to make Plutonic a success."
David has over 20 years of commercial and operational experience in open pit and underground mines. He has been a General Manager of multiple operations including Darlot UG in
Mick has 32 years of mining experience both within
Mark has 30 years of underground mining operations experience in
In addition, the Company has contracted experienced geology consultant
Ted has over 30 years of experience in the mining, exploration and resource finance industry and holds qualifications in geology, geostatistics, mineral economics and finance. Ted has had a comprehensive technical career in the resources sector covering exploration, mine geology, resource estimation, risk analysis, resource consulting and business management.
The Company would also like to introduce
This announcement has been approved for release by the Board of Directors of
It also owns and operates the high-grade Henty Gold Mine in
Catalyst also controls +75km of strike length immediately north of the +22Moz Bendigo goldfield and home to high-grade, greenfield resources at Four Eagles.
Shares o/s: 219m
Options: 1.4m
Rights: 2.5m
Cash:
Debt:
Robin Scrimgeour
Interim Non-Executive Chairman
Managing Director & CEO
Non-Executive Director
ASX: CYL
E: admin@catalystmetals.com.au
W: catalystmetals.com.au
T: +61 8 6107 5878
View original content to download multimedia:https://www.prnewswire.com/news-releases/catalyst-assembles-highly-experienced-management-team-301933325.html
SOURCE
© Canada Newswire, source