Altus appoints mining veteran to lead its operations in Egypt
Aim- and TSX-V-listed African mining royalty generator Altus Strategies has appointed Mark Campbell as nonexecutive chairperson of its 100%-owned subsidiary Akh Gold.
Campbell has also been appointed GM of Altus’ Egypt branch.
The Egypt branch is being incorporated into Akh Gold, which was recently awarded four gold projects covering 1 565 km2 of highly prospective terrain in the Eastern Desert of Egypt.
Altus CE Steven Poulton says Campbell’s appointment reflects the company’s commitment to establish a significant gold exploration and development business in Egypt.
“Mark is based in Cairo and has unparalleled expertise, spanning three decades of operating in the natural resource sector in Egypt.”
Campbell has over 40 years’ experience in the mining, investment banking and petroleum industries, with 31 of those years spent in Egypt.
He is the retired former president and CEO of TSX-V-listed Egypt-focused gold explorer and developer Aton Resources, having served as a director from 2009 to this year.
In addition, he was previously a consultant to Pharaoh Gold Mines, a subsidiary of LSE- and TSX-listed gold miner Centamin, which operates the Sukari gold mine in Egypt.
Prior to this, Campbell was involved in the drilling and oilfield services business, primarily operating in Egypt and Sudan.
Further, he also held senior positions with a number of investment banks, including Salomon Brothers, First Boston Corporation and Lehman Brothers Kuhn Loeb.
On the ground in Egypt, Poulton says Altus’ field team has already commenced preliminary reconnaissance work, with a number of potential hard rock artisanal gold workings being visited.
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