27/07/2022 - 15:19

Mincor appoints Iwanow as CEO

27/07/2022 - 15:19

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Mincor Resources has appointed senior mining executive Gabrielle Iwanow as the company’s new chief executive after David Southam’s decision to step down.

Mincor appoints Iwanow as CEO
David Southam will be stepping down as Mincor managing director and CEO.

Mincor Resources has appointed senior mining executive Gabrielle Iwanow as the company’s new chief executive after David Southam’s decision to step down.

The nickel company announced on the ASX today that Mr Southam will step down as managing director on August 12, with Ms Iwanow to start at Mincor in early November.

Ms Iwanow has extensive experience in the bulk and base metals resource sector, including nearly seven years at Rio Tinto.

She was recently with ASX 100-listed mining company OZ Minerals as the general manager of the Prominent Hill operation in South Australia.

Ms Iwanow is a fellow of the Australasian Institute of Mining and Metallurgy and was named as one of the Top-100 Global Inspirational Women in Mining in 2020.

“I am pleased to be joining the Mincor team as the company positions itself as a key partner in the world’s decarbonisation story," she said.

"David and the team have done a wonderful job to re-establish Mincor’s Kambalda nickel operations and I look forward to working together to deliver strong operational performance and the company’s next phase of growth.”

Mr Southam has decided to step down as managing director and chief executive after 3.5 years overseeing Mincor’s production, to spend more time with his family and to pursue personal interests.

He has held multiple senior executive roles in ASX-listed resource companies during his career of more than 25 years.

Mr Southam said the past 3.5 years was a rewarding period, having seen Mincor transform from junior explorer into Australia’s newest mid-tier nickel producer.

“Not only have we reclaimed the company’s status as a leading nickel miner, but we have also achieved all our ambitious targets and enjoyed considerable exploration success, initially with Cassini and now a new LN04a Resource at the Golden Mile, providing a strong foundation for our next chapter of growth,” he said.

“All of this has been achieved against the backdrop of a global pandemic.

“It has been a tremendous privilege to lead Mincor through this exciting period of growth and, consistent with my views of leadership transition, I believe now is a logical time to pass the baton to someone with a slightly different skill set to drive operational excellence and pursue our pipeline of exciting organic growth opportunities.

“I am incredibly proud of the achievements of our dedicated team, and I am confident the company is in an excellent position to capitalise on the marvellous opportunities in front of it as the world decarbonises towards a green electric future.”

Mincor Chairman Brett Lambert said Ms Iwanow was a standout applicant for the chief executive position.

“While we are very sorry to see David go, we are absolutely delighted to have been able to attract an exceptionally talented and high-calibre senior mining executive in Gabrielle Iwanow to join the company as David’s successor in the role of managing director and CEO,” he said.

“We believe Gabrielle’s experience in driving operational excellence and safety, combined with her global perspective as a thought-leader driving change and success in the mining and metals sector are perfectly matched with Mincor’s needs at this stage of its development.

“With production ramping-up and the new Mineral Resource just announced at LN04a, I am confident that Gabrielle is the right person to help us capitalise on the platform created.”

Mr Lambert will be acting executive chairman in the interim, while Mr Southam agreed to be on board on a consultancy basis for the transition.

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