We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Avocet Mining Plc | LSE:AVM | London | Ordinary Share | GB00BZBVR613 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 13.10 | 11.40 | 14.80 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:0509G Avocet Mining PLC 12 July 2006 12 July 2006 Avocet Mining PLC Changes to Board of Directors and Management The Board of Avocet Mining PLC ("Avocet" or "the Company"), the Central and South East Asian gold production and exploration company, today announces the following changes to its senior management team. After more than six years of turning Avocet successfully into a significant gold producer, John Catchpole has decided to resign as Chief Executive and from the board for personal reasons. John has agreed to remain as an external consultant to the Company. The Board subsequently is very pleased to appoint Jonathan Henry as Chief Executive Officer with immediate effect. Jonathan joined Avocet in 1994 and has been the Company's Finance Director since October 2002. Since then Jonathan has been closely involved in the operations and strategic direction of the Company. Prior to becoming Finance Director he held various senior positions at Avocet. Jonathan will continue to cover the duties of Finance Director for an interim period until a replacement is appointed. A search is currently underway to fill this position. The Board is also pleased to announce that Eric Vesel, currently the Company's Regional Director for South East Asia, will become Chief Operating Officer with immediate effect. A mining engineer with management and technical experience in mining and process plant operations, Eric has been in expatriate roles for over 20 years; having worked in Namibia, Australia, Papua New Guinea, Indonesia and Malaysia. He joined Avocet in 1997 as Mining Manager and was promoted to General Manager at Penjom and Country Manager in Malaysia in 2001. In late 2004, he expanded his responsibilities as Regional Director, South East Asia. In his new role Eric will be based out of Malaysia. The Board is also pleased to announce the appointment of Michael Donoghue as a non-executive director with immediate effect. Michael John Donoghue, aged 57, is a mining engineer with over 30 years experience in base and precious metal mining operations and new mine development in Africa, Australia, South East Asia and Europe. He is currently the executive chairman of Ormonde Mining, involved in mining evaluation work in Spain. Previously he held the position of General Manager-Operations of Delta Gold, Sydney, Australia, where he participated in the development of that company from a junior into a mid-tier gold producer, prior to its eventual take-over. Michael's considerable technical and corporate experience will serve to bring additional perspective and balance to Avocet's Board as the Company moves forward into the next phase of its development. In the past 5 years, Michael Donoghue holds or has held the following positions where he was acting in the capacity of a director: Current Directorships Previous Directorships Ormonde Mining Plc None Magyar Mining Plc There is no other information that is required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules. ________________________________________________________________________________ For further information please contact: Avocet Mining PLC Buchanan Communications Jonathan Henry Bobby Morse, Director (Chief Executive and interim Finance Director) Ben Willey, Associate Director 020 7907 9000 020 7466 5000 www.avocet.co.uk www.buchanan.uk.com Evolution Securities Limited Rob Collins - 020 7071 4311 Grant Thornton (UK) LLP Philip Secrett - 0870 991 2578 Notes to Editors Avocet is a mining company listed on the AIM market of the London Stock Exchange. The Company's principal activities are gold mining and exploration in Malaysia (as 100% owner of the Penjom mine, the country's largest gold producer), Tajikistan (as 75% owner and operator of ZGC, Tajikistan's principal gold mine), and Indonesia (as 80% owner of the North Lanut gold mine in North Sulawesi). The Company has a number of advanced mining and exploration projects in Asia and owns 26% of Dynasty Gold Corporation, a Canadian listed exploration company active in Western China. This information is provided by RNS The company news service from the London Stock Exchange END BOADFLFFQDBLBBD
1 Year Avocet Mining Chart |
1 Month Avocet Mining Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions