Sumatra Copper announces key board, management appointments

By Peni Pedriawan

ASX-listed Sumatra Copper & Gold plc said that it has further strengthened its board and senior management team with two key appointments ahead of its impending transition to gold developer and producer.

Experienced Australian mining executive Steve Robinson has been appointed as a Non-executive Director, while David Fowler has been appointed as Chief Financial Officer. Both appointments are effective immediately, the company said in a statement Monday.

Robinson, a Rhodes Scholar, is the founding Director of independent corporate advisory firm Lincoln Capital and has extensive international experience at senior executive levels within the mining industry.

He was previously a Director of Barrick (Australia Pacific) Limited, Group Manager Planning with the leading Australian mineral sands producer Iluka Resources Ltd and a senior manager in the gold business unit at WMC Resources Ltd until the divestment of the gold business in 2001 for A$570 million.

Robinson is currently a Non-executive Director of two other ASX-listed companies, Bulletin Resources Ltd and Orrex Resources Ltd.

Fowler is a highly experienced corporate finance executive with over 20 years of experience working in the mining industry in South America, Australia and Asia.

Fowler previously served as Chief Executive Officer of Orosur Mining Inc., having previously held the position of Finance Director for the same Company before being appointed CEO in 2006. He previously worked as CFO for Western Metals Ltd.

In welcoming the new appointments, Sumatra?s Chairman, Warwick Morris, said: ?The appointment of these two respected senior finance executives is a coup for the Company and marks another important step forward as we move ahead with the next phase of developing our flagship Tembang gold-silver project in Indonesia.

Editing by Reiner Simanjuntak