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Cash to lead Millennium

Local gold miner Millennium Minerals has found an internal candidate to replace outgoing chief executive Glenn Dovaston, who has resigned after two years at the helm.

Mr Dovaston will be succeeded by Millennium general manager corporate development Peter Cash, who has served in his current position for two years.

Mr Cash, who will receive a base salary of $370,000 plus superannuation and incentives, has previously held positions at other ASX-listed companies including Talisman Mining, Focus Minerals and CRA Exploration.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/05/17

1 year TSR5 year TSR
56thBase Resources200%-6%
206thMillennium Minerals42%-16%
344thBC Iron12%-40%
478thTribune Resources-9%40%
747thDoray Minerals-64%-17%
706 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

31/05/17
$0 Issued
31/05/17
$0 Issued
28/04/16
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

25th↑Base Resources$169.0m
26th↓BC Iron$151.4m
27th↑Millennium Minerals$143.0m
28th↑Doray Minerals$131.1m
29th↑Tribune Resources$118.0m
495 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Millennium Minerals

785thGregory Bittar$195k
1386thMichael Chye$60k
Ranked by total remuneration from all listed WA companies

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