JOHANNESBURG (miningweekly.com) – Aim- and AltX-listed African Eagle Resources has appointed Euan Worthington as nonexecutive chairperson, following the retirement of former chairperson John Park on Wednesday.
Park had been chairperson of the diversified minerals exploration company since 1998.
“The board acknowledges with great appreciation John’s many contributions during his eleven-year tenure on the company’s board. John has been a very active chairman who has dedicated substantial time and effort to the company,” African Eagle MD Mark Parker said in a statement.
Worthington had been deputy chairperson of African Eagle since October 2006 and a board member since 2003.
“He has extensive experience of mining finance and participated, as team leader or mining adviser, in numerous deals, including advising Sutton Resources in Tanzania and Falconbridge Gold in Zimbabwe. He will bring valuable knowledge and aptitude as the development of Dutwa continues,” said Parker.
The Dutwa nickel laterite project, in Tanzania, had a Joint Ore Reserve Committee-compliant resource of 31-million tons. The company had reported earlier this year that the project could become a low-cost mine by 2012.