VANCOUVER, May 8, 2017 /PRNewswire/ - Nevsun Resources Ltd.
(TSX:NSU) (NYSE MKT:NSU) (Nevsun or the Company) today announced
the appointment of Mr. Peter G.
Kukielski to the position of President and Chief Executive
Officer, effective May 12, 2017. Mr.
Kukielski replaces Cliff Davis, who
announced his intention to retire earlier this year.
Mr. Kukielski brings more than 30 years of diverse international
experience in the mining industry to this role. Most recently, Mr.
Kukielski was Chief Executive Officer of Anemka Resources from 2014
to 2017, a private company backed by Warburg Pincus formed to
invest in global mining assets. From 2008 to 2013 he was the Chief
Executive, Mining for ArcelorMittal, responsible for 27 operating
mines and three major development projects, distributed within 12
countries. From 2006 to 2008 Mr. Kukielski was the Chief Operating
Officer of Teck Resources, responsible for three copper mines, four
zinc mines, six metallurgical coal mines, two gold mines, one base
metal refinery and two major development projects. From 2001 to
2006 he was with Falconbridge
(originally Noranda) in senior roles, latterly including Chief
Operating Officer, and in years prior he had various increasingly
senior roles with other major mining companies, including direct
experiences in engineering, commissioning and operating significant
mines in a wide variety of international jurisdictions.
"On behalf of the board of directors, I would like to welcome
Mr. Kukielski to Nevsun," said Tookie
Angus, Nevsun Chairman. "Mr. Kukielski's extensive
experience in the sector makes him an ideal candidate to lead
Nevsun through the next phase of its evolution, which is
underpinned by the advancement and development of the copper-gold
Timok Project in Serbia."
"The board of directors would also like to thank Cliff Davis for his unwavering commitment and
dedication to the success of Nevsun. We are thankful for his
contributions to the Company and wish him well in his retirement,"
added Mr. Angus. Mr. Davis continues with the Company for the next
two months as part of the transition process.
"Nevsun has a world-class asset base and I am thrilled to be
joining the Company at such an exciting time in its history. I look
forward to working with the board of directors, my colleagues in
senior management and the entire team at Nevsun as we advance our
projects and optimize our assets with the goal of creating
sustainable long-term value for shareholders," said Mr.
Kukielski.
Mr. Kukielski has a Masters of Science degree in Civil
Engineering from Stanford University in
California.
About Nevsun Resources Ltd.
Nevsun Resources Ltd. is the 100% owner of the high-grade
copper-gold Timok Upper Zone in Serbia and 60% owner of the
high-grade copper-zinc Bisha Mine in Eritrea. Nevsun is well positioned with a
strong debt-free balance sheet to grow shareholder value through
advancing the Timok Project to production.
NEVSUN RESOURCES LTD.
"Tookie Angus"
R. Stuart "Tookie" Angus
Chairman
SOURCE Nevsun Resources Ltd.