PERTH (miningweekly.com) – ASX-listed Kentor Gold has appointed Gerard Kelly as CFO and Kelvin Russell as GM for corporate finance, in preparation for the development of the Andash gold/copper project, in the Kyrgyz Republic.
Kelly was previously the group project financial controller in Thailand and Vietnam for diversified miner Rio Tinto.
Russell has spent more than 20 years specialising in resource sector financing with leading investment banks, including NM Rothschild, and Standard Bank.
Kentor said on Tuesday that the company was on course to start site works at the Andash project during April, with production planned for 2011.
The project has an estimated Joint Ore Reserve Committee mining reserve of 540 000 oz gold and 63 000 t copper, and a resource of 19,2-million tons at 1,1 g/t gold and 0,4% copper.
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