Georgian Mining Corporation Appointment of COO (0027A)
21 December 2017 - 6:00PM
UK Regulatory
TIDMGEO
RNS Number : 0027A
Georgian Mining Corporation
21 December 2017
Georgian Mining Corporation / EPIC: GEO / Sector: Natural
Resources
21 December 2017
Georgian Mining Corporation ('GEO' or the 'Company')
Appointment of COO
Georgian Mining Corporation is pleased to announce the
appointment of Mr Michael Struthers as Chief Operating Officer, a
non-main board role, effective immediately. Mr Struthers is a
Chartered Engineer with over 37 years of international mining
experience.
Over the course of his career, Mr Struthers has held senior
management positions with leading global mining companies and
consultancies. He has a proven track record both at an operating
and advisory level as a project manager, covering all stages of a
mine's life from feasibility and engineering studies including
technical reviews, project and financial evaluations to strategic
planning, construction, mine expansion, risk assessments and due
diligence. He has extensive experience in base--metals and gold in
Africa, Australia, North America, South America, Europe and Russia
/ CIS.
From January 2011 to 2017, Mr Struthers held Project Director
and Senior Project Manager positions for Lundin Mining Corporation
('Lundin'), overseeing strategic growth initiatives at Lundin's
operations in Chile. In addition, he led studies for a number of
expansion opportunities at the Neves Corvo copper zinc mine in
Portugal including a feasibility study into a US$300 million
expansion of the zinc operations. The project was subsequently
approved with the execution phase commencing in April 2017. From
2007 to June 2009 he was Technical Director and Chief Operating
Officer for MBC Resources where he was responsible for the
technical development of two major zinc deposits in Russia
including Ozernoe, a Joint Venture with Lundin, as well as the
polymetallic Kholodninskoye project, where he led a prefeasibility
study. He has also previously been a partner in a private equity
fund focused on Russian gold mining, carrying out extensive
technical reviews, evaluations and development planning for a
variety of prospective gold projects in Russia.
Between 1994 and 2007, Mr Struthers was Director and Principal
Geotechnical Engineer for AMC Consultants (UK) Limited, a leading
mining consultancy, during which he led teams on a range of
projects on behalf of major global mining companies including Rio
Tinto, BHP Billiton, Xstrata and WMC Resources Ltd, and a large
number of junior and mid-tier companies. Mr Struthers graduated
from the University of Hull, UK with a BSc in Geology (1980) and
the Camborne School of Mines (1984), where he graduated with a MSc
in Mining Geology with distinction. Mr Struthers is a Chartered
Engineer with the UK Engineering Council.
Georgian Mining Corp Managing Director Greg Kuenzel said,
"Attracting a professional of the calibre and experience of Mr
Struthers to the key role of COO in our view is testament to the
quality of the Company's project. He has a proven track record of
maximising the potential and value of projects operated by leading
mining groups, and I am confident his addition to the team will
prove to be invaluable as we look to establish KB and the other
targets identified across the wider licence area in Georgia as
another world class copper-gold asset on the prolific Tethyan
Belt."
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
**ENDS**
For further information please visit www.georgianmining.com or
contact:
Greg Kuenzel Georgian Mining Company Tel: 020 7907
Corporation 9327
Ewan Leggat S. P. Angel Corporate Nomad & Tel: 020 3470
Finance LLP Broker 0470
Soltan Tagiev S. P. Angel Corporate Nomad & Tel: 020 3470
Finance LLP Broker 0470
Damon Heath Shard Capital Partners Joint Broker Tel: 0207
LLP 186 9950
Frank Buhagiar St Brides Partners PR Tel: 020 7236
Ltd 1177
Susie Geliher St Brides Partners PR Tel: 020 7236
Ltd 1177
This information is provided by RNS
The company news service from the London Stock Exchange
END
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