Release: Austindo appoints Pieter W. Greeff Director, posts A$ 3.4 million operating loss

Wednesday, March 14 2001 - 06:00 AM WIB

Australian listed Austindo Mining Corporation which explores gold in cooperation with International Antam Resources in Cibaliung, Banten province today announced the appointment of Pieter Greeff to the Board of Directors with immediate effect.

Greeff holds a Bachelor of Science in Engineering (Mining) from Pretoria University in South Africa and a Masters of Engineering from McGill University in Canada. He has over 30 years of experience as a mining engineer in Australia and overseas having worked with major mining companies including Rand Mines Limited, Electrolytic Zinc Company of Australia, Pancontinental Mining Limited, BP Australia Limited and Mount Isa Mines Limited.

Pieter has extensive operating and development experience in gold, diamonds, base metals and coal. Most recently he held the position of Executive General Manager - Western Australia Operations with Newcrest Mining Limited, where he was responsible for operations as well as new projects in Western Australia. Pieter retired from Newcrest in December 2000.

Meanwhile, the annual report obtained by petromindo.com showed Austindo posted A$ 3.4 million in consolidated operating loss.(alex)

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