Thursday, 28 February 2013 08:58
Western Australian businessman Keith Jones will take over as chairman of iron ore miner Gindalbie Metals, following George Jones’ announcement that he will retire in April.
Mr Jones said that with the commissioning and ramp-up of the Karara Project now well advanced, he believed that the official opening of the Project on 9 April marked an appropriate time to hand over the reins.
“For some time I have wanted to reduce my workload and be in a position to spend more time with my wife Penny and my family,” he said.
“After resuming the chairmanship of Gindalbie in 2010 following the tragic loss of Geoff Wedlock in West Africa, I believed very strongly that it was important to see the project through the final stages of development and into production.
“This has now been achieved, and the Karara team has done a great job in completing the project broadly on time and within the revised construction budget we set out last year.
Production of DSO hematite has already ramped up to above our targeted two million tonnes per annum level and the commissioning of the Karara Concentrator is going extremely well, with no material issues encountered.
“I am confident that we are on track to complete the ramp-up to eight million tonnes per annum by the end of April, as scheduled, with the official opening ceremony scheduled for 9 April representing an appropriate time for me to acknowledge the people who have worked so hard to make this project a reality, and to move on.”
Mr Jones said that after stepping down he intends to remain involved in the mining industry through his ongoing role as chairman of PCF Capital.
Keith Jones recently stepped down from the position of managing partner of the Deloitte WA practice, a position he held for over a decade.
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