Asiamet appoints new CFO

By Romel S. Gurky

TSX-listed Asiamet Resources Limited announced Friday that it has appointed James Deo as Chief Financial Officer (CFO) effective from January 2018.

The company said in a statement James is a senior mining and resources industry executive whose broad experience covers roles in finance, commercial, strategy, investor relations, sales and marketing, business development and business improvement gained over two decades working for a number of global mining businesses in Australia and the developing economies of Asia, Africa and the Americas.

Most recently James has consulted to Australia's largest gold miner, Newcrest Mining, immediately prior to which he worked with OZ Minerals for 10 years in senior leadership positions including General Manager Commercial and Strategy, Head of Business Development, Head of Investor Relations, General Manager Sales and Marketing and General Manager Planning, Strategy and Development. He has held various senior finance and commercial roles with Oxiana Limited, BHP Billiton, Exxon Mobil and Rio Tinto. James holds a B.Bus(Acc) from Deakin University and is a member of the Institute of Chartered Accountants in Australia.

Peter Bird, Asiamet's Chief Executive Officer commented: "As we enter a critical time in Asiamet's development, the appointment of a high caliber senior executive to the position of CFO further strengthens our capacity to deliver our strategy of creating a leading Asian focused copper-gold Company. James brings a proven track record of creating value over the full project lifecycle from exploration through to production and his broad experience in the finance and commercial area will be particularly valuable as we enter the project financing and development stage for the BKM (copper) project (in Indonesia?s Central Kalimantan province).?

Editing by Reiner Simanjuntak