CAPITAL MARKETS

Executive Outcomes: IronClad, Newmont and more

WAYNE Richards has resigned as managing director of IronClad Mining after just five months in the role.

Kristie Batten
Executive Outcomes: IronClad, Newmont and more

Richards’ resignation was effective immediately and chief operating officer Robert Mencel accepted the role of acting chief executive officer.

Gold major Newmont Mininghas promoted COO and executive vice president Gary Goldberg to president and COO.

The company also appointed Ghanaian businessman J Kofi Bucknor to its board.

Hillgrove Resources MD Drew Simonsen has resigned.

Company secretary and chief financial officer Russell Middleton has been appointed as acting CEO.

Former Arafura Resources director Dr Stephen Ward has been appointed as MD and CEO of iron ore hopeful Mindax.



Endeavour Mining COO Mark Connelly and Sedgman director Donald Argent have joined the board of contractor Ausdrill.

Canada-based geologist David Constable has joined the board of IMX Resources as an independent non-executive director.

Echo Resources, which sacked its former CEO Dr Ernst Kohler earlier this year, has terminated his authority to provide any executive services.

Shareholders previously voted against a request by Kohler to remove board members.

The company has appointed Tony Martin as acting CEO but has received another requisition notice from shareholder Nicholas Gyngell to remove Graham Anderson and Simon Owen as directors.

Echo also appointed Krystel Kirou and Michael Loh as company secretaries.

West Peak Iron has restructured its board with the appointment of Graham Marshall as non-executive chairman and Matthew Walker as executive director.

David Parker has resigned as chairman but will continue as joint company secretary.

Andrew Waller and Tony Izelaar have resigned as directors of Stratos Resources, while Damon Sweeney has resigned as joint company secretary.

Dr Allan Parker has resigned as a director of Genesis Resources.

Kalgoorlie Mining Registrar Ross Collins has left the Western Australian Department of Mines and Petroleum’ Kalgoorlie office after 41 years in the job.

Cougar Metals has appointed Roger Hussey as chairman, replacing Randall Swick, who remains as MD.

MKS Capital chairman Clive Carroll has joined the board of BCD Resources.

Royal Resources has appointed Andrew Mounas as general manager – projects to oversee studies on the Razorback iron ore project.

Finally, Peter Ruttledge has resigned as company secretary of Aurora Minerals and Desert Mines and Metals.

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