Balcatta-based Conquest Mining Ltd has appointed former Territory Resources Ltd managing director Douglas Stewart as a non-executive director of the company.
Mr Stewart has over 37 years experience in the mining industry in a variety of geological and engineering roles and has had management responsibilities on mining operations in Africa, Canada and New Zealand in both open pit and underground mines.
He was formerly an associate director of N M Rothschild & Sons (Australia) performing technical due diligence and valuations for potential investments for Rothschild Golden Arrow Fund as well as raising over 100 million for the fund.
Mr Stewart was most recently the managing director of Territory Resources Ltd until July 2007 where he played a principal role in managing that company through IPO and into production. His work included undertaking a feasibility study, capital raising, regulatory approvals, construction of port facilities, commercial agreements and appointment of suitable personnel to plan and operate the mine.
Conquest managing director John Terpu said Mr Stewart was a valuable addition to the board, adding a new dimension to its technical expertise at just the right time in the company's development.
Mr Stewart also holds a non-executive position on the board of Grange Resources
