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Sandfire Resources (ASX:SFR) appoints two Non-Executive Directors

ASX News, Mining
ASX:SFR      MCAP $4.295B
31 December 2020 14:45 (AEST)
Sandfire Resources (ASX:SFR) - Non Executive Director, Jennifer Morris

Source: Fortescue Metals

Sandfire Resources (SFR) has appointed Jennifer Morris OAM and John Richards as independent Non-Executive Directors, effective from January 1.

These appointments ensure Sandfire has a strong board to oversee its growth as an international mining company.

Jennifer is currently a Non-Executive Director of Fortescue Metals (FMG) and a Commissioner of the Australian Sports Commission.

Formerly, she was a partner of Deloitte where she spent more than 10 years working in the mining, transport, and government sectors. Jennifer also had a stint at Rio Tinto as a Senior Marketing Analyst.

In addition to her Non-Executive Director role, Jennifer will be a member of Sandfire’s Risk Committee and People and Performance Committee.

Meanwhile, John is an economist with more than 35 years experience in the resources industry.

He is currently a Non-Executive Director at Saracen Mineral Holdings (SAR) and a Non-Executive Chair of Sheffield Resources (SFX).

Previously, he was Group Executive – Strategy and Business Development at Normandy Mining, Managing Director at Buka Minerals, and Head of Mining and Metals Advisory at Standard Bank.

John will also Chair Sandfire’s Audit Committee and be a member of the Risk Committee.

“Both Jennifer and John bring important skills and experience that will enhance the overall make-up of the Board during the company’s exciting expansion phase as we develop the new T3-Motheo copper-silver mine in Botswana and execute the key objectives of our strategic growth plan,” Chairman Derek La Ferla said.

“Their skill-sets, global experience and commercial acumen, together with their wide range of networks will be invaluable to Sandfire as we take these next important growth steps and become a broader and more international organisation in the years ahead,” he added.

Sandfire is down a slight 0.92 per cent on the market with shares trading at $5.38 at 1:47 pm AEDT.

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