Wedlock to Gindalbie board

22/02/2008 - 11:27

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Gindalbie Metals has appointed former managing director of Grange Resources, Geoff Wedlock, to the board as non-executive director.

Wedlock to Gindalbie board

Gindalbie Metals has appointed former managing director of Grange Resources, Geoff Wedlock, to the board as non-executive director.

Prior to joining Grange Resources, Mr Wedlock held the position of Managing Director on a number of publicly-listed resource company boards including successful iron ore producer Portman Limited. Before this, he spent over 30 years in a variety of roles with BHP, including Executive Vice President and CEO of BHP Iron Ore Pty Ltd where he was directly involved in the development of four mines, upgrades of two Ports and two railways, major infrastructure programs and the development of iron ore processing plants.

 

Full announcement pasted below:

Gindalbie Metals Limited (ASX: GBG - "Gindalbie") is pleased to announce the appointment of experienced Australian mining executive, Mr Geoff Wedlock, to the Board as Non-Executive Director.

 

The appointment of Mr Wedlock serves to further strengthen the Gindalbie Board at a pivotal period in the Company's development as it sets about bringing its flagship $1.8 billion Karara Iron Ore Project into production with initial hematite production in 2009, followed by magnetite production in 2010.

 

Mr Wedlock - who has over 40 years experience in the resource industry - brings a depth of expertise in the international mining and resources industry, including experience in the development of bulk commodity projects, particularly in the iron ore industry. He also has significant commercial experience in dealings with financiers, international partners and customers, external parties and governments.

 

Mr Wedlock was previously the Managing Director of Grange Resources Limited, where he worked for over two years to progress the development of the Southdown Magnetite/Kemaman Pellet Project from inception to the completion of Feasibility Studies.

 

Prior to joining Grange Resources, Mr Wedlock held the position of Managing Director on a number of publicly-listed resource company boards including successful iron ore producer Portman Limited. Before this, he spent over 30 years in a variety of roles with BHP, including Executive Vice President and CEO of BHP Iron Ore Pty Ltd where he was directly involved in the development of four mines, upgrades of two Ports and two railways, major infrastructure programs and the development of iron ore processing plants.

 

Commenting on the appointment, Gindalbie Chairman, Mr George Jones said: "We are very fortunate to secure Geoff at such a crucial stage in the development of our Karara Project. His vast experience in bulk commodity project development, and his well-established business and regulatory networks will be a great asset to the Company as we look to make the transition into production."

 

"With his experience at Portman in the development of iron ore assets and his vast knowledge of transport and infrastructure development, I have no doubt that Geoff will be a valuable contributor to Gindalbie and look forward to his input in helping us to develop a successful Mid West iron ore business in the very near future," he added.

 

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