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Laneway Resources (ASX:LNY) appointments Brad Gordon as CEO

Mining
ASX:LNY
23 March 2021 13:20 (AEST)

Laneway Resources (LNY) has appointed Non-Executive Director Bradley Gordon as CEO and Managing Director of the company.

Brad is a seasoned mining executive with over 30 years of experience in the gold mining industry.

From 2013 to 2017, he was the CEO of Acacia Mining, a London Stock Exchange-listed gold miner with mines across Africa. He led an impressive turnaround of that company through rejuvenation and re-engineering its assets, corporate structures and culture.

Prior to Acacia, from 2008 and 2013, Brad was the CEO of Intrepid Mines, which has primary operations in Indonesia. During his time, Intrepid’s market capitalisation grew from $120 million to a peak of $1.4 billion.

Brad holds a Mining Engineering degree from the Western Australian School of Mines and an Executive MBA from INSEAD, France.

“We are pleased to have been able to appoint such an experienced and high-calibre executive to lead the company during an exciting period in its corporate life,” Chairman Stephen Bizzle said.

“Since his appointment as a non-executive director in December, Brad has already been making a considerable contribution,” he added.

Brad is looking forward to commence his new role.

“Having already had the opportunity to get a good understanding of Laneway’s portfolio of gold assets and their considerable potential, I’m now looking
forward to taking a hands-on role to drive the business forward and to working with the board and management to grow the business and deliver increased returns to our shareholders,” he told the market.

On the market today, Laneway is up 10 per cent and trading at 0.6 cents per share at 11:48 am AEDT.

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