Jan 09, 2017

Key appointments as Metro moves to start mining

Key appointments as Metro moves to start mining

Metro Mining has appointed a general manager for its Bauxite Hills project on Cape York, saying it is determined to commence mining operations “as soon as practicable”.

Described as an experienced mining professional with a focus on value creation across a number of commodities, Charles Easton will be responsible for the construction, start-up planning and operation of the  mine.

Charles Easton.

Mine construction at Bauxite Hills, 95km of Weipa, is planned to commence in the second half of this year. The project has a Direct Shipping Ore (DSO) resource of 65.3 million tonnes.

Metro Mining said Mr Easton had mine planning, geology, human resources and IT experience including two years as general manager with Thiess, focusing on design and implementation of business excellence and innovation.

He also worked at New Hope Coal, implementing Lean Processes in mining, maintenance, plants and logistics.

Metro Mining also announced today that Simon Finnis had been promoted from chief executive officer to managing director of the company.

Simon Finnis.

Metro chairman Stephen Everett said Mr Finnis had made a significant contribution as CEO and would add increased value as the company transitioned from explorer to producer.

“Simon has 30 years’ experience in underground and open cut mining operations in Australia and overseas.  The Metro Board looks forward to the important contribution he will be making in his new capacity as MD,” Mr Everett said.

Under Mr Finnis’ stewardship Metro has achieved milestones including:

  • The successful takeover of Gulf Alumina, increasing the company’s bauxite reserves and paving the way for the combination of the Gulf Alumina and Bauxite Hills bauxite projects;
  • Establishing mining and metals private equity fund Greenstone Resources as a cornerstone shareholder with an $8.9 million investment into the company;
  • Negotiating an offtake agreement for the sale of 7 million tonnes of bauxite to Xinfa;
    • Securing Native Title and Land Owner Agreements over the Bauxite Hills project area;
    • Successful navigation of the Environmental Impact Statement process; and
    • Completion of a 2Mtpa definitive feasibility study and a 4Mtpa preliminary feasibility study for the Bauxite Hills project. 

Metro combines projects as Bauxite Hills Mine

 

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