On the move

Dolin quits Peet

Michele Dolin has resigned as chief financial officer of WA land developer Peet after nine months in the role to pursue non-executive directorship roles. Len Troncone, who has been working with Peet on selected strategic and operational initiatives, has been appointed as acting chief financial officer. Ms Dolin stepped down as CEO of state superannuation fund GESB last year after eight years at the helm.

Richardson joins Ivernia board

Wayne Richardson has been appointed to the board of directors of Canadian base metal miner Ivernia, which owns the Magellan lead mine in WA. Mr Richardson is the chairman of Ivernia’s wholly-owned subsidiary Magellan Metals, and the president and chief executive officer of Enirgi Group Corporation, which is part of the Sydney-based Sentient Group of Global Resource Funds. Enirgi owns about 59 per cent of Ivernia shares. The Magellan project is an open cut lead carbonate mine located near Wiluna in WA’s Mid West region, supplying lead for export to China. The mine was put on care and maintenance in April last year, after the discovery of lead-contaminated mud stuck to the side of a shipping container at Fremantle port. The company is now awaiting a decision by Environment Minister Bill Marmion on resuming its operations in WA. Mr Richardson has been working closely with Ivernia’s CEO and Australian management to address these matters.

Changes at Diploma

Diploma Group executive chairman Dominic Di Latte has moved to a non-executive chairman role, after 37 years of continuous full-time employment as the founder of the property developer. Diploma has commenced a search for a new independent non-executive chairman, following which Dr Di Latte will continue in the role of a non-executive director. In addition, John Norup will step down as an executive director, but remains as managing director of the Group’s subsidiary Diploma Construction (WA). These changes are the result of the board’s resolution to ensure that the majority of directors are independent, in line with good corporate governance principles.

Chameleon restructures board

Tony Sage has been appointed as executive director of gold explorer Chameleon Mining. Mr Sage is the executive chairman of Cape Lambert Resources, which has recently become Chameleon’s largest shareholder after electing to take up a placement of 40 million shares in the junior explorer, taking its shareholding to 14.9 per cent. Chameleon directors Anthony Karam, James Arkoudis and Jason Bontempo have resigned, and the company will move its head office operations to Perth from Sydney as part of the restructure.