Indo Mines appoints Martin Hacon as CEO

Thursday, May 20 2010 - 02:40 AM WIB

Australia-listed mining firm Indo Mines Limited announced on Thursday the appointment of Martin Hacon as managing director and chief executive officer of the company.

Hacon brings to Indo Mines a wealth of knowledge gained from a career spanning 32 years in the steel industry, the last 23 of which have been with New Zealand Steel Ltd, a wholly owned subsidiary of Bluescope Steel Ltd.

Meanwhile, Phil Welten will resign as managing director and will continue working with the company as a consultant to assist Hacon as part of an orderly succession plan and to ensure a smooth transition to the new management.

Indo Mines has several projects in Indonesia, including the development of the Jogjakarta Pig Iron project and Bangun Buana Persada Kalimantan (BBPK) coal project in South Kalimantan. (denny)

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