Bauxite Resources Limited: Appoints Scott Donaldson as Chief Executive and Executive Director
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Perth, Australia (ABN Newswire) - Australian resources company Bauxite Resources Limited (ASX: BAU) (PINK: BXRDF) ('the Company') announces the appointment of Scott Donaldson as Chief Executive and Executive Director of the Company. The appointments will take effect from 31 January, 2011.
Mr Donaldson is a qualified mining engineer with a graduate diploma in business. He brings more than 20 years experience in the mining industry in Australia and New Zealand with a variety of minerals including gold, nickel, copper, zinc and lead sulphides, copper oxides, coal and chromite. Some of his achievements include:
- Playing a key role in the successful transformation of 3 companies from explorers into producing mining companies;
- Successful management and development from pre-feasibility to construction, commissioning and production of five mines over the last 12 years; including
- Developing, commissioning & managing the Jaguar copper/zinc/silver project in WA with Jabiru Metals;
- Designing, developing and managing stage one of Western Metals' Pillara Lead-Zinc Mine in the Kimberley;
- Developing, commissioning & managing Tectonic Resources' Rav8 Nickel mine at Ravensthorpe, WA;
- Commissioning & managing the Coobina chromite mine in the Pilbara with Consolidated Minerals.
Bauxite Resources' Chairman and Acting Chief Executive, Barry Carbon, said that the Company was delighted to appoint Mr Donaldson. 'We have conducted a very thorough executive search process, and we have been flattered by the excellence of the candidates who expressed interest in our company,' he added.
'We have selected Mr Donaldson as the candidate with the best match of skills and experience to deliver on the next phase of development for Bauxite Resources Ltd,' he added.
Mr Donaldson said that he was looking forward to his new leadership position with Bauxite Resources. 'I am excited to be joining this West Australian company and I look forward to contributing to its long term growth,' he added.
Bauxite Resources has recently announced its agreement with Yankuang Resources to design and build a modern alumina refinery in the south west of Western Australia, subject to a feasibility study.
Biography
Mr Donaldson joins BRL from Jabiru Metals Ltd (ASX: JML), where for the past 3 years he has held the position of Chief Operations Officer responsible for Jabiru's operations and technical development. He was previously responsible for managing the feasibility, optimisation and successful development, construction, commissioning and production of Jabiru's Jaguar Copper/Zinc sulphide mine in WA.
Mr Donaldson has previously held senior management positions with Consolidated Minerals, Tectonic Resources (ASX: TTR), Western Metals (PINK:WTLC), Dominion Mining Ltd (ASX: DOM) and Thiess Contractors.
Mr Donaldson has a Mining Engineering Degree, Graduate Diploma in Business and holds a First Class Mine Manager's Certificate of Competency. He is also a member of the Board of Examiners for WA First Class Mine Manager's Certificates.
About Bauxite Resources Limited:
Bauxite Resources Limited (ASX:BAU) was launched in May 2006 to establish itself in the bauxite and alumina industries in Western Australia where four of the seven Australian alumina refineries and four of Australia's bauxite mines are located. It listed successfully on the ASX on 22 October 2007 after closing its A$7.5 million IPO early and oversubscribed, having previously raised approximately $1.3 million in seed capital. In February 2009 the Company raised a further $4.7 million on the uptake of its options issue.
The Company is the only ASX-listed bauxite explorer in the highly prospective Darling Range, and is the largest tenement holder in the Darling Range with approximately 15,000 square kilometres of prospective bauxite laterite ground. To put this into context this area is larger than East Timor and almost the size of Beijing Municipality.
The Darling Range is the largest bauxite mining and alumina producing region in the world. This area supplies approximately 18% of the world's alumina and is home to Alcoa's Huntly Mine, the largest producing bauxite mine in the world and Pinjara Refinery the second largest alumina refinery in the world. The Darling Range has three of the top five refineries in the world in terms of lowest operating costs.
Contact:
Chantelle O'Sullivan
Public Affairs Manager
Bauxite Resources Limited
Tel: +61-8-9200-6309/ +61-0437-701-155
Email: chantelle.osullivan@bauxiteresources.com.au
Paul Fromson
Chief Financial Officer and Company Secretary
Bauxite Resources Limited
Tel: +61-8-9200-6300
Email: pfromson@bauxiteresources.com.au
http://www.bauxiteresources.com.au