JOHANNESBURG (miningweekly.com) – Iron-ore mining and development company BC Iron MD Morgan Ball has stepped down from his position and will be replaced by Alwyn Vorster as CEO with effect from May 23.
Chairperson Tony Kiernan explained on Wednesday that the board had appointed a CEO following consideration of BC Iron’s strategic focus going forward and believed that Vorster was well placed to lead the company into the new period focusing on its assets in the West Pilbara and other potential opportunities.
Vorster had most recently been employed as group executive for mining at Australian Capital Equity, and his other recent roles included CEO of API Management, a company responsible for developing the multibillion-dollar West Pilbara Mining project for owners Baosteel, Posco and AMCI, CEO of Iron Ore Holdings and regional manager China marketing and sales for Rio Tinto Iron Ore.
Kiernan paid tribute to Ball, pointing out that he left BC Iron with a clean balance sheet despite a challenging iron-ore market, providing the company the opportunity to benefit into the future when the commodity cycle turned.