East Asia strengthens management team
Friday, July 27 2012 - 01:05 AM WIB
Toronto-listed East Asia Minerals Corporation announced Thursday that Dave Anthony, a former CEO of Barrick Gold Corp., has been named as the company?s new CEO.
?Anthony will be first and foremost responsible for the development of the Miwah Gold project in Indonesia,? the company said in a statement. East Asia Minerals is the holder of 85 percent of the rights to the Miwah project, a potential world class gold project.
East Asia said that Alex Granger will step down as president of the company at the end of this month.
The company also said that it has recently signed an agreement with SGMS, an Indonesian based company, to conduct engineering studies on both the Miwah and Sangihe projects.
?The company has commissioned these early stage studies for internal use to assist management in evaluating the next stages of the projects and its strategy going forward. Management looks forward to receiving the results by the end of August, 2012,? it said.
Editing by Reiner Simanjuntak