6th Apr 2005 16:00
Avocet Mining PLC06 April 2005 AVOCET MINING PLC CHANGES TO BOARD OF DIRECTORS Avocet Mining is pleased to announce the appointment of Gordon Toll to the boardof the Company in the position of Technical Director. Aged 57, Gordon is anAustralian mining engineer with over 36 years experience in the mining industry. He has an MBA from Columbia University in the USA and is a Member of theAustralian Institute of Mining and Metallurgy. His career in the mining andminerals industry has included six and a half years with BHP Iron Ore inAustralia including four years as production manager. Following this, he workedfor Texasgulf Inc as Manager of Mining International. In the 1980s, Gordonworked for Atlantic Richfield Coal and was heavily involved in building twoworld-class coalmines, one in Indonesia as General Manager of ARCO IndonesiaCoal and the other in Venezuela as President of ARCO de Venezuela. He thenworked for seven years with Rio Tinto finishing as Group Mining Executive inLondon. Until 2001 he was the Chairman of Emperor Gold Mines, a gold miningcompany listed in Australia and owner of a gold mine in Fiji, and concurrentlyand until December 2004 was Deputy Chairman of Ivanhoe Mines, listed in Canadaand currently exploring a world class copper/gold deposit in Mongolia, as wellas various operating mines located globally with a primary focus in Asia. The Company also announces that Johannes Oelofse has resigned from the board andfrom his position of Chief Operating Officer on mutually agreeable terms. Hewill leave the Company's employment permanently on 30th September 2005. Nigel McNair Scott, Chairman, commented: "With three gold mines now operating in three different countries Avocet willexpand through internal and external growth. I warmly welcome Gordon Toll tothe board of Avocet. His extensive experience in developing mines and growingcompanies, particularly in Asia, will help us in this process" Avocet is a mining company listed on the AIM market of the London StockExchange. The Company's principal activities are gold mining and exploration inMalaysia (as 100% owner of the Penjom mine, the country's largest goldproducer), Tajikistan (as 75% owner of the Zeravshan Gold Company, Tajikistan'sprincipal gold mine), and Indonesia (as 80% owner of the North Lanut gold minein North Sulawesi). Matters required under Schedule 2(f) of the AIM Rules in respect of appointmentof director: Full name: Gordon Leonard Toll Age: 57 Names of current and past directorships in the past five years: Current Past Compass Resources NL Emperor Mines Limited Fortescue Metals Group Limited Intec Limited LinQ Capital Limited Ivanhoe Mines Limited Toll Management Limited There are no other matters to be disclosed under Schedule 2(f) (iii) - (viii) ofthe AIM Rules. __________________________________________________________________________________________________ For further information please contact: Avocet Mining PLC John Catchpole (Chief Executive) Jonathan Henry (Finance Director) 020 7907 9000 www.avocet.co.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AVM.L