Makuch joins Karora board

18th August 2023

By: Tasneem Bulbulia

Senior Contributing Editor Online


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Gold company Karora Resources has appointed Tony Makuch to the board of directors and as new chairperson of the board technical committee.

Barry Dahl, Karora’s former CFO, has announced his retirement after a long career in the mining sector, culminating in three-and-a-half years as the company’s CFO. Karora has announced Derek Humphry as the new CFO.

Humphry is a chartered accountant and prior to joining Karora served as the CFO for Dacian Gold.

“After serving as a special adviser to the corporation since May 2022, I am very pleased to welcome Tony Makuch to the Karora board of directors. We are not only very pleased to announce Tony as a board member, but as the chair of the board technical committee which was vacated earlier this year.

“Tony’s willingness to increase his role with Karora is a strong endorsement of his belief in the ongoing growth of the company. Tony’s technical input over the past year has been immensely valuable as we have executed on our growth plan in Australia, evolving into a much larger gold producer,” says chairperson and CEO Paul Andre Huet.

“We welcome his experience and the benefit of the knowledge he brings from his extremely successful 35-plus-year career in mining, including his tenure leading Kirkland Lake Gold as CEO from 2016 until its merger with Agnico in early 2022.

“Additionally, I am very pleased to welcome Derek Humphry to the Karora team as our CFO. Derek is a great addition for us, bringing 20 plus years of experience and mining expertise across TSX- and ASX-listed companies including both gold and nickel producers – a unique quality which directly translates to our growing operations,” he adds.

“Finally, I would like to congratulate Barry Dahl on his well-deserved retirement following a tremendous career in the mining sector. I have had the pleasure of working with Barry at more than one company and his impact has been instrumental in growing these businesses.

“Barry joined Karora in early 2020 and was critical in leading the financial side of our business through a period of extraordinary growth and change. His contributions and dedication to the company are greatly appreciated. I wish Barry all the best in his well-earned retirement and thank him for his service to Karora,” Huet says.

Karora is focused on increasing gold production to a targeted range of 170 000 oz to 195 000 oz by 2024 at its integrated Beta Hunt Gold Mine and Higginsville gold operations in Western Australia.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online



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