Perth-based gold exploration company Genesis Minerals has announced the appointment of mining executive and company director Tommy McKeith as chair.
Perth-based gold exploration company Genesis Minerals has announced the appointment of mining executive and company director Tommy McKeith as chair.
Mr McKeith is the current chair of Prodigy Gold and director of Evolution Mining, and has over 30 years’ experience spanning a range of mine geology, exploration and business development roles internationally.
He was previously executive vice-president (growth and international projects) at Gold Fields and chief executive officer of Troy Resources, and has held non-executive director roles at Sino Gold and Avoca Resources.
As part of a nearly two decade-long tenure with Gold Fields and its precursor companies in South Africa, Western Australia and Colorado, Mr McKeith was responsible for leading feasibility studies and mine construction for multi-billion-dollar project developments in the Philippines, Peru, Finland and Mali.
He will replace Richard Hill, who retired at the Genesis annual general meeting earlier this week.
Genesis managing director Michael Fowler said the company was delighted to have attracted someone of Mr McKeith’s calibre and experience in the global mining sector.
“Tommy has a well-established industry and investment banking network, a deep understanding of the dynamics of a rapidly growing mining company and strong commercial acumen and corporate capabilities,” Mr Fowler said.
“His input and guidance will be invaluable as we embark on the next stage of development of our Ulysses Gold Project, with feasibility work already underway in parallel with ongoing exploration aimed at further expanding our resource inventory.
“Ulysses is a strategic asset in a prime location in WA’s eastern Goldfields and I am confident that Tommy will assist us to maximise the value of the project for our shareholders.”
Genesis recently announced the findings of a scoping study undertaken for its Ulysses project, located in the Leonora gold mining district, with Mr Fowler saying a detailed feasibility study would be delivered by the end of next year.
“The project currently shows a four-year underground mine life, but there is clear potential for significantly increased cash-flow through increases in mine life, which we expect to achieve through ongoing drilling programs and future exploration success,” he said.
