New leaders for Gold Corp

The state government has appointed Donald Mackay-Coghill as chairman of Gold Corporation and Richard Hayes as chief executive, effective from next month.

Mr Mackay-Coghill had previously served as chief executive of Gold Corp for 17 years but handed over the reins to Edward Harbuz in 2003.

He fills the position made vacant when Kerry Sanderson left to become governor of Western Australia last year.

Mr Hayes, who currently serves as chief financial officer and deputy chief executive of Gold Corp, will replace Mr Harbuz at the helm from July 1 under a three-year term, with the option to renew for two years at the discretion of the board.

Gold Corp operates the Perth Mint, which has been refining gold since 1899 and has manufactured and marketed the Australian government’s official bullion coins since 1986.

Premier Colin Barnett said Mr Mackay-Coghill was perfectly qualified to take the role of chairman, having spent his entire career in the gold and related industries.

“Don brings a great deal of experience and expertise to the position of chairman of the board,” Mr Barnett said.

“He has worked in gold and silver refining, minting, marketing and retailing in South Africa, London and Western Australia.”

“Under his guidance as CEO, the Perth Mint was reborn as an internationally renowned specialist precious metals mint.”