14 Jun 2018 07:56
Trans-Siberian Gold plc
("TSG" or the "Company")
Senior Management Appointment
Trans-Siberian Gold plc (TSG.LN) announces the appointment of Mr. Alexey Malevanov as Chief Engineer of the Company's wholly owned operating subsidiary ZAO Trevozhnoye Zarevo ("TZ"), with immediate effect. Mr. Malevanov succeeds Mr. Alexey Selyutin, who had been the Chief Engineer at the Asacha Gold Mine since 2010.
Mr. Malevanov has more than 15 years of experience in the mining industry, mainly in managerial positions in underground mining operations located in Far-East Russia.
Prior to joining TZ, he was Deputy Executive Director at Berezitovy Mine in the Amur Region (Nordgold) between 2016 and 2018. He was Deputy Director of the Severny Rudnik (Norilsk Nickel) between 2014 and 2016, and Chief Engineer of Irtysh Rudnik (Kazakhstan, Kazakhmys Corporation) between 2011 and 2013. His previous experience includes managerial positions at the Julietta, Karalveem and Mnogovershinnoe mines.
Mr. Malevanov, aged 39, is a graduate of the Donbass Mining and Metallurgical Institute and Novosibirsk State University of Economics and Management.
Dmitry Khilov, Chief Executive Officer of TSG, commented:
"I am pleased to welcome Alexey to our business. He will provide technical leadership at the Asacha Gold Mine in Kamchatka. Our number one priority is to enhance our existing operations at Asacha. Alexey has responsibility for achieving operational efficiencies and improvements as well as ensuring a safe working environment. Alexey Selyutin will stay with the Group and therefore we will retain the benefit of his operational experience at the Asacha Gold Mine."
Contacts:
TSG |
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Stewart Dickson | +44 (0) 7799 694195
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Cantor Fitzgerald Europe | +44 (0) 207 894 7000 |
David Porter
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About TSG
TSG is focused on low cost, high grade mining operations and stable gold production from its 100% owned Asacha Gold Mine in Far East Russia.
Additional information is available from the Company's website: www.trans-siberiangold.com
Market Abuse Disclosure
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.