- Savannah Goldfields (SVG) appoints Brett Thompson as its new Chief Executive Officer
- Mr Thompson has 40 years of experience in the international mining industry and previously held the role of Head of Operations for AngloGold Ashanti’s Obuasi gold mine in Ghana, West Africa
- His appointment comes with a $450,000 annual salary, along with the issue of one million options with an exercise price of 40 cents each
- The company’s previous CEO, Brad Gordon, will continue with the company as a Non-Executive Director, having led Savannah through its recent transition to a gold producer
- Savannah Goldfields is up 2.27 per cent and trading at 22.5 cents at 12:40 pm AEDT
Savannah Goldfields (SVG) has appointed Brett Thompson as its new Chief Executive Officer.
Mr Thompson is a mining executive with 40 years of experience in the international mining industry.
He previously held the roles of Head of Operations for AngloGold Ashanti’s Obuasi gold mine in West Africa, Chief Operating Officer of ASX-listed diamond miner Kimberley Diamonds (KDL), General Manager of Anglo American’s (AQM) Dawson coal mine in Queensland, and CEO of diamond miner Pangea Diamondfields.
“It is a very exciting opportunity for me to join Savannah at such a pivotal moment in its development, and I am looking forward to working with the team in growing the profitable gold production from the Agate Creek/Georgetown mining and processing areas as well as exploring and developing the company’s other significant assets,” the incoming CEO told investors.
Mr Thompson’s appointment comes with a $450,000 annual salary, along with the issue of one million options with an exercise price of 40 cents each.
“We are pleased to have been able to appoint Brett to lead the company through the next exciting phase of its development,” Savannah Chairman Stephen Bizzell said.
“He brings with him a wealth of international and diversified mining experience to build on the work done to date by the Savannah team in successfully taking the company through the transition from explorer to producer.”
The company’s previous CEO, Brad Gordon, will continue with the company as a Non-Executive Director, having led Savannah through its recent transition to a gold producer.
“We also look forward to Brad Gordon’s continued contribution to Savannah through his ongoing role as a director,” Stephen Bizzell said.
Savannah Goldfields was up 2.27 per cent and trading at 22.5 cents at 12:40 pm AEDT.