Join our daily newsletter At The Bell to receive exclusive market insights
- De Grey Mining (DEG) has appointed experienced mining veteran Peter Canterbury as the company’s new Chief Financial Officer
- Peter’s financial expertise will support the company’s goal of transitioning to Tier One production from the Hemi Gold discovery
- He will begin his tenure as De Grey Mining’s Chief Financial Officer in February of this year
- The company’s previous CFO, Craig Nelmes, will remain with the business in the role of Company Secretary
- De Grey Mining closed 8.87 per cent higher for $1.11 per share
De Grey Mining (DEG) has appointed experienced mining veteran Peter Canterbury as the company’s new Chief Financial Officer.
Peter is a Certified Practicing Accountant, with expertise in financial and corporate management, accounting, project financing, feasibility studies, contract negotiation, and mining operations.
During his career in the mining industry, he has spent nearly 20 years in various senior roles. This has included positions as Chief Executive Officer and Chief Financial Officer of several ASX-listed companies.
In particular, Peter was previously Managing Director of Triton Minerals (TON), CEO/Executive Director of Bauxite Resources (BAU), and CFO and Acting CEO of Sundance Resources (SDL).
Peter’s financial expertise will be of great use to De Grey Mining, especially as it works towards its goal of transitioning to Tier One production from the Hemi Gold discovery.
The company’s Managing Director, Glenn Jardine, welcomed Peter to his new role.
“Peter is an important addition to the De Grey management team as we continue to increase our organisational capability across the business,” he said.
“His experience immediately enhances our capacity to progress the Hemi Gold Discovery from the resource definition phase through feasibility studies, financing, construction, and into production,” he added.
Glenn went on to thank Peter’s predecessor, Craig Nelmes, for his energy and leadership in the role over the last seven years. De Grey Mining’s previous CFO has served in that position since October 2013, and will remain with the company in his role as Company Secretary.
Peter will officially commence his tenure as Chief Financial Officer in February of 2021.
De Grey Mining closed 8.87 per cent higher for $1.11 per share.
