Kingsrose appoints CEO

Wednesday, November 16 2016 - 04:12 AM WIB

By Romel S. Gurky

ASX-listed Kingsrose Mining Limited announced Wednesday the appointment of experienced mining executive Michael Moore as Chief Executive Officer, effective immediately.

The firm said in a statement that Moore is a mining engineer with more than 15 years operational and management experience across a diverse range of commodities in Australia, West Africa and Europe.

He has held senior and executive management positions with a number of companies including Carnegie Minerals PLC and more recently with ASX-listed Montezuma Minng Company, where he was CEO. Moore is currently a non-executive Director of ASX-listed Variscan Mines.

Kingsrose Executive Chairman John Morris said Moore?s skills and experience in the areas of mine planning and operations were highly relevant to the company as it continued to devise and implement new approaches to its Talang Santo mine in Indonesia.

?Michael?s operational knowledge and management experience will be invaluable as we push ahead with the next stage of our strategy to unlock the value of Talang Santo,? Morris said.

?The review being undertaken by independent consultants Mining Plus shows that Talang Santo?s performance could be improved significantly by implementing alternative mining methods.

?This process is underway and Michael?s knowledge will help us make these changes as smoothly and effectively as possible.?

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