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Dacian Gold (ASX:DCN) shuffles leadership roles

ASX News
ASX:DCN
20 December 2019 14:21 (AEST)

Gold explorer Dacian Gold (DCN) has announced some changes to its Board, effective from January 6, 2020.

Founder, Executive Chairman and CEO Rohan Williams will retire from the Board and will resign as CEO.

Succeeding Rohan as CEO is Leigh Junk who has also been appointed the new Managing Director.

“After eight years during which we established the company and built the Mt Morgans Gold Operation, I believe that the time is the right to refresh the CEO and Chairman roles,” Rohan said.

Rohan led the company from its pre-IPO in January 2012 through to its current position as a mid-tier, ASX-listed gold producer.

He will assist in the handover and will remain a significant shareholder in the company.

Leigh is a highly experienced mining executive with 25 years on his belt at several Australian mining companies.

These include WMC Resources, Mincor Operations and Pilbara Manganese. Most recently, he was the CEO and Managing Director of Doray Minerals until its merger with Silver Lake Resources.

He was also a co-founder of Donegal Resources which successfully purchased and recommissioned several nickel operations around Kambalda.

Additionally, Ian Cochrane will transition from his Non-Executive Director role to Non-Executive Chairman.

“Leigh shares the Board’s enthusiasm for the opportunities at Dacian Gold and looks forward to him leading the next chapter of the company’s growth,” Ian said.

Dacian is also on track to meet its 2020 financial year guidance of 150,000 – 170,000 ounces at Mt Morgans Gold.

Dacian Gold is down 2.93 per cent, with shares trading for $1.41 each at 1:26 pm AEDT.

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