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True North Copper appoints new MD and CFO for amped up copper targets at Cloncurry

ASX News, Mining
ASX:TNC      MCAP $26.26M
03 June 2024 11:13 (AEDT)

Mt Lyell copper mine Source: mininglegacies.org

True North Copper has brought experienced miner Bevan Jones onboard as Managing Director.

Making the announcement today, True North Copper said Mr Jones takes the helm with a strong operational background over nearly 30 years’ experience in mine management across a diverse range of commodities and has a proven track record in directing business improvement initiatives and operational transformation. He has been in  senior leadership roles at global mining company, Gold Fields, which is listed on the JSE, and Karora Resources, which is on the TSX bourse.

Earlier in his career, Mr Jones was Chief Operating Officer of BCM Group International in West Africa, General Manager of the Wetar Copper Mine in Indonesia and General Manager of the Hidden Valley Mine in Papua New Guinea. He was also Mining Manager of Barrick Gold’s Lumwana Copper Mine in Zambia. Most recently, Mr Jones was the Managing Director at Brisbane-based Extra Mining Solutions, where he played a leading role in establishing the company focusing on business transformation and operational excellence.

Craig Gouws will also be joining True North Copper as Chief Financial Officer (CFO) and brings extensive  Australian and international experience in CFO and company secretary roles.

True North Copper Executive Chairman Ian McAleese said: “These enhancements to our executive team reflect an exciting phase of transition for True North Copper. We are thrilled to welcome Bevan as Managing Director and are confident that his extensive operational experience will be a tremendous asset going forward. With our focus now fully on restarting mining at our Cloncurry Copper Project, we are excited to have Bevan on board and believe he has the experience and skill to help us achieve this.

We are also delighted to welcome Craig as our CFO and believe his experience in previous roles will be crucial as we  advance our projects at Cloncurry and Mt Oxide. His proven track record in financial management and business strategy aligns perfectly with our vision and goals. We are confident that our improved leadership team will be instrumental in  achieving our goal to become Australia’s next major copper producer.”

Incoming Managing Director Bevan Jones said:

“I am thrilled to join True North Copper at a pivotal time for the company. I am eager to work with the Board and team to  realise the potential of our prospects, particularly as we set our focus on restarting mining operations at Cloncurry.

 I am confident in our ability to execute this restart successfully and am very much looking forward to leading the company into  becoming Australia’s next major copper producer.”

Incoming Chief Financial Officer Craig Gouws said:

“I’m very excited to join the team at True North Copper. The Cloncurry and Mt Oxide Projects are two world-class assets and I  am eager to contribute my expertise and support ongoing operations, exploration and development in the future.”

With Mr Jones’ appointment as Managing Director, Mr McAleese’s will return to Non-Executive Chairman.

TNC was trading at 5.6 cents.

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