Stock Market News
Georgian Mining rises on appointment of technical services manager
Georgian Mining Corporation shares were marginally higher on Tuesday morning, as the board appointed Simon Cleghorn as its technical services manager.
The AIM-traded firm said Cleghorn, which it described as a "highly experienced geologist", would be working with its 50% owned subsidiary Georgian Copper & Gold, as it proceeded with the development of the Kvemo Bolnisi gold-copper project and undertook further regional exploration at the 860 square kilometre licence located on the prolific Tethyan Belt in Georgia.
It said Cleghorn is a geologist with 28 years of experience in mining geology and project development, with an emphasis on resource and reserve estimation in primarily gold and base metals mines.
For the last five years, Cleghorn served as resource manager and then technical services manager for KEFI Minerals.
That role included management and supervision of technical programmes in preparation for project execution and mining.
In 2006, Cleghorn was appointed exploration manager for JSC Madneuli, owner of the Madneuli copper and gold mine in Georgia.
Following the acquisition of Madneuli by GeoProMining in 2008, he was appointed chief geologist, responsible for all geological aspects of the project including exploration and resource and reserve activities related to the mining operations as well as exploration programmes in Armenia and Northern Russia.
Madneuli was subsequently acquired in 2011 by RMG Copper & Gold, owned by GEO's partner in the GCG joint venture.
Cleghorn has held senior roles on projects in Armenia, Georgia, Russia, south east Asia, Europe, South America and Australia.
During his career, he has been responsible for production geology management; due diligence project review; management of mining studies and project upgrades; as well as resource and reserve work for feasibility and scoping studies for project finance and development, the Georgian Mining board said.
He is a member of the Australasian Institute of Mining and Metallurgy and frequently served as a 'competent person' under JORC guidelines.
Cleghorn holds a Bachelor of Engineering in Mineral Exploration & Mining Geology (Honours) from the Western Australia School of Mines in Kalgoorlie.
"We're very pleased to have Simon join our team in Georgia," said Georgian Mining CEO Mike Struthers.
"Simon's experience spans the wide range of activities we are undertaking across our 50% owned 860 square kilometre licence in the prolific Tethyan Belt, ranging from grassroots exploration, target definition and testing, through to technical and feasibility studies on our more advanced projects.
"Simon's detailed knowledge of the region will enhance our potential for developing other opportunities, and his close relationships with our partners' technical and operations staff will further strengthen the joint venture relationships, building on the excellent progress in recent months."
The AIM-traded firm said Cleghorn, which it described as a "highly experienced geologist", would be working with its 50% owned subsidiary Georgian Copper & Gold, as it proceeded with the development of the Kvemo Bolnisi gold-copper project and undertook further regional exploration at the 860 square kilometre licence located on the prolific Tethyan Belt in Georgia.
It said Cleghorn is a geologist with 28 years of experience in mining geology and project development, with an emphasis on resource and reserve estimation in primarily gold and base metals mines.
For the last five years, Cleghorn served as resource manager and then technical services manager for KEFI Minerals.
That role included management and supervision of technical programmes in preparation for project execution and mining.
In 2006, Cleghorn was appointed exploration manager for JSC Madneuli, owner of the Madneuli copper and gold mine in Georgia.
Following the acquisition of Madneuli by GeoProMining in 2008, he was appointed chief geologist, responsible for all geological aspects of the project including exploration and resource and reserve activities related to the mining operations as well as exploration programmes in Armenia and Northern Russia.
Madneuli was subsequently acquired in 2011 by RMG Copper & Gold, owned by GEO's partner in the GCG joint venture.
Cleghorn has held senior roles on projects in Armenia, Georgia, Russia, south east Asia, Europe, South America and Australia.
During his career, he has been responsible for production geology management; due diligence project review; management of mining studies and project upgrades; as well as resource and reserve work for feasibility and scoping studies for project finance and development, the Georgian Mining board said.
He is a member of the Australasian Institute of Mining and Metallurgy and frequently served as a 'competent person' under JORC guidelines.
Cleghorn holds a Bachelor of Engineering in Mineral Exploration & Mining Geology (Honours) from the Western Australia School of Mines in Kalgoorlie.
"We're very pleased to have Simon join our team in Georgia," said Georgian Mining CEO Mike Struthers.
"Simon's experience spans the wide range of activities we are undertaking across our 50% owned 860 square kilometre licence in the prolific Tethyan Belt, ranging from grassroots exploration, target definition and testing, through to technical and feasibility studies on our more advanced projects.
"Simon's detailed knowledge of the region will enhance our potential for developing other opportunities, and his close relationships with our partners' technical and operations staff will further strengthen the joint venture relationships, building on the excellent progress in recent months."
Related share prices |
---|
Georgian Mining Corporation NPV (DI) (GEO) share price |
Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- Top Large UK Shares
- UK Market Sectors
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail share price
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Santander share price
- NEXT share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- Taylor Wimpey Share Price
- National Grid
- GKP Share Price
- Marks and Spencer
- Rolls Royce
- Rio Tinto
- THG Share Price
- Aviva Share Price
- Boil Share price
- Easyjet Share Price
- Genedrive Share Price
- SSE Share Price
- IAG Share Price
- Boohoo share price
- HE1 share price
- AVCT share price
- BOOM share price