Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSHG.L Regulatory News (SHG)

  • There is currently no data for SHG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Appointment of Chief Operating Officer

9 Dec 2014 07:00

RNS Number : 1859Z
Shanta Gold Limited
09 December 2014
 



9 December 2014

 

SHANTA GOLD

 

("Shanta Gold" or the "Company")

 

Appointment of Chief Operating Officer

 

Shanta Gold, the East Africa focused gold production and exploration company, announces the appointment of Dr Toby Bradbury to the senior management team as Chief Operating Officer ("COO"), effective from 1 January 2015.

 

Mike Houston has informed the Board of his decision to retire on 31 March 2015 upon the completion of his contract and it is intended that he will be succeeded by Dr Bradbury as Chief Executive Officer effective from 1 April 2015, when Dr Bradbury will also join the Board of Directors.

 

Dr Bradbury has 30 years' experience in corporate, strategic and operational roles across a broad range of commodities and geographies through which he has gained significant expertise in opencast and underground mining operations as well as in the delivery of development and expansion projects. Previous executive roles have included Chief Operating Officer for Anvil Mining in the DRC and Senior Vice President at AngloGold Ashanti in Ghana where he had full accountability for all in-country operations for both underground and surface mining with gold production capacity of 600,000 ounces per annum. He has a BSc and PhD in Mining Engineering and a Masters degree in Business Leadership and is a Fellow of IMMM and AusIMM.

 

 

Tony Durrant, Chairman, commented:

 

"We are delighted to welcome a mining professional with the experience and track record of Toby to the management team. With the need to deliver both opencast and underground mining at New Luika in the coming years Toby will add significant value in guiding the Company through this critical period in its short history. Joining now as COO will allow for a suitable period of transition and help to ensure a seamless handover."

 

"Mike joined us on a 30 month contract in October 2012 with a remit to address start-up issues at the New Luika mine, develop a management team, strengthen the balance sheet and develop a life of mine and growth strategy. Mike has accomplished a number of important milestones during his successful tenure. Production has grown significantly from 5,748 ounces in Q4 2012 to being on track to produce 83,000 ounces in 2014 at an all-in sustaining cash cost of $900 to $950 per ounce, and is targeted at 83,000 to 85,000 ounces in 2015 at a reduced all-in sustaining cash cost of $830 to $880 per ounce."

 

 

Enquiries:

 

Shanta Gold Limited Tel: +255 (0) 22 2601 829Mike Houston / Patrick Maseva-Shayawabaya

 

Nominated Adviser and Joint BrokerPeel Hunt LLPTel: + 44 (0)20 7418 8900Matthew Armitt / Ross Allister 

Joint BrokerGMP Securities Europe LLPTel: + 44 (0)20 7647 2800Richard Greenfield / Alexandra Carse 

Financial Public RelationsFTI ConsultingOliver Winters / Ben Brewerton / Sara PowellTel: +44 20 3727 1000

  

 

About Shanta Gold Limited

Shanta Gold is an East African focused gold producing company. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licences over a number of additional properties. The Company's flagship New Luika Gold Mine commenced production in 2012 and produced 64,000 ounces in 2013. The Company is admitted to trading on AIM and has approximately 464 million shares in issue. For further information visit the Company's website: www.shantagold.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCGMMGZMRLGDZZ
Date   Source Headline
12th Mar 20242:02 pmPRNForm 8.3 - Shanta Gold Ltd
12th Mar 20249:42 amRNSForm 8.5 (EPT/NON-RI)
11th Mar 20245:31 pmRNSForm 8.3 - Shanta Gold Ltd
11th Mar 20241:04 pmPRNForm 8.3 - Shanta Gold Ltd
11th Mar 202411:25 amRNSForm 8.3 - Shanta Gold Ltd
11th Mar 202411:08 amRNSForm 8.5 (EPT/NON-RI)
8th Mar 20242:21 pmPRNForm 8.3 - Shanta Gold Ltd
8th Mar 202410:41 amRNSForm 8.5 (EPT/NON-RI)
7th Mar 20241:35 pmPRNForm 8.3 - Shanta Gold Limited
7th Mar 202411:12 amRNSForm 8.5 (EPT/NON-RI)
6th Mar 202410:31 amRNSForm 8.5 (EPT/NON-RI) - Shanta Gold Limited
6th Mar 202410:21 amRNSForm 8.3 - Shanta Gold Ltd
5th Mar 20249:54 amRNSForm 8.5 (EPT/NON-RI)
4th Mar 20242:13 pmRNSForm 8.3 - Shanta Gold Ltd
4th Mar 20242:00 pmPRNForm 8.3 - Shanta Gold Ltd
4th Mar 202410:10 amRNSForm 8.5 (EPT/NON-RI)
1st Mar 20242:46 pmPRNForm 8.3 - Shanta Gold Ltd
1st Mar 20249:32 amRNSForm 8.5 (EPT/NON-RI)
29th Feb 20243:29 pmRNSForm 8.3 - Shanta Gold Limited
29th Feb 20243:20 pmRNSConfirmation of Adjournment of Court Meeting
29th Feb 20249:56 amRNSForm 8.5 (EPT/NON-RI)
29th Feb 20247:00 amRNSAdjournment of Court Meeting and General Meeting
28th Feb 20243:29 pmRNSForm 8.3 - Shanta Gold Limited
28th Feb 20243:25 pmGNWForm 8.3 - [ SHANTA GOLD LIMITED - 27 02 2024] - (CGAML)
28th Feb 20241:07 pmPRNForm 8.3 - Shanta Gold Ltd
28th Feb 20249:48 amRNSForm 8.5 (EPT/NON-RI)
27th Feb 20242:00 pmPRNForm 8.3 - Shanta Gold Limited
27th Feb 20248:56 amRNSForm 8.5 (EPT/NON-RI)
26th Feb 202412:20 pmPRNForm 8.3 - Shanta Gold Limited
26th Feb 202410:23 amRNSForm 8.5 (EPT/NON-RI) - Shanta Gold Limited
23rd Feb 20242:30 pmRNSForm 8.3 - Shanta Gold Ltd
23rd Feb 20242:11 pmPRNForm 8.3 - Shanta Gold Ltd
23rd Feb 202410:47 amRNSForm 8.5 (EPT/NON-RI)
22nd Feb 20243:29 pmRNSForm 8.3 - Shanta Gold Limited
22nd Feb 202412:56 pmGNWForm 8.3 - [ SHANTA GOLD LIMITED - 21 02 2024] - (CGAML)
22nd Feb 202410:04 amRNSForm 8.5 (EPT/NON-RI)
21st Feb 20243:29 pmRNSForm 8.3 - Shanta Gold Limited
21st Feb 20241:18 pmPRNForm 8.3 - Shanta Gold Ltd
21st Feb 202410:18 amRNSForm 8.5 (EPT/NON-RI) - Shanta Gold Limited
21st Feb 202410:17 amRNSForm 8.5 (EPT/NON-RI)
21st Feb 20247:00 amRNSGlass Lewis and ISS recommend vote for acquisition
20th Feb 20243:29 pmRNSForm 8.3 - Shanta Gold Limited
20th Feb 202411:51 amRNSForm 8.5 (EPT/NON-RI)
19th Feb 20243:29 pmRNSForm 8.3 - Shanta Gold Limited
19th Feb 202410:11 amRNSForm 8.5 (EPT/NON-RI) - Shanta Gold Limited
16th Feb 20243:29 pmRNSForm 8.3 - Shanta Gold Limited
16th Feb 20249:44 amRNSForm 8.5 (EPT/NON-RI) - Shanta Gold Limited
15th Feb 20243:29 pmRNSForm 8.3 - Shanta Gold Limited
15th Feb 20249:26 amRNSForm 8.5 (EPT/NON-RI) - Shanta Gold Limted
14th Feb 202410:38 amRNSForm 8.5 (EPT/NON-RI) - Shanta Gold Limited

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.