IDC Appoints Mr John Shaw as New Director
Sydney, Dec 5, 2011 AEST (ABN Newswire) - At its recent Annual General Meeting, Indochine Mining Limited (Indochine) (
ASX:IDC) advised that the Company was in the process of approaching potential candidates to broaden the skills base of the Board.
Indochine is now pleased to announce a strengthening of its Board to further address its responsibilities as the Company progresses its Mt Kare project in PNG and its Cambodian projects.
Mr John Shaw has been appointed to the Indochine Board as a Non-Executive Director. John has over 40 years experience as a geologist, operating manager, senior executive and independent Non-Executive Director of mining enterprises in diverse cultural and political regimes in North America, Australia, Papua New Guinea, Africa and South East Asia. He has significant experience in the world's major mineral provinces and in diverse commodities (including gold, silver, copper and tungsten) with extensive experience in exploration, evaluation, design, construction and operations.
Of particular benefit to Indochine is his period as Vice-President of Australian Operations of Placer Pacific and Managing Director of Kidston Gold Mines, during which time John was involved in setting-up and organising six PNG and Australian mines. John was a member of the management committee of the successful Porgera Joint Venture. His skills will prove invaluable for guidance through the current phases of Indochine projects, in particular the Mt Kare project in PNG.
John is an experienced corporate Director, having previously acted as Chairman of Zimbabwe Platinum Mines Limited, Gallery Gold Ltd, Tri Origin Minerals Limited, Albidon Limited and Lodestone Exploration Limited. In addition, he has served in Non-Executive roles with a number of other companies including Kingsgate Consolidated Limited and Misima Mines Pty Ltd. He is currently a Non-Executive Director of Discovery Metals Limited and IAMGOLD Corporation.
"We are delighted that John Shaw has agreed to join the Indochine Board. John's technical and operating background, particularly in PNG, will certainly complement and broaden the Board's mix of relevant skills and will enable Indochine to advance its projects and address its challenges with added confidence, and ultimately enhance shareholder value that the Company's assets warrant" said lndochine's Chairman, Ian Ross.
Contact
Ian Ross
Non-Executive Chairman
Indochine Mining Limited
TEL: +61-2-8246-7007
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