Centamin plc Announces the Appointment of Hendrik "Hennie" Faul to the Board as an Independent Non- Executive Director, Effective 1 July 2020
June 01, 2020 at 07:09 am EDT
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Centamin plc announced the appointment of Hendrik "Hennie" Faul to the Board as an independent non- executive director, effective 1 July 2020. Hennie will chair the new Technical Committee and become a member of the Audit and Risk, and the Sustainability committees. Non-Executive Director Mark Bankes will rotate off the Audit and Risk Committee following Hennie's appointment. Hennie joins company with more than 30 years of mining industry experience across a range of commodities and jurisdictions. As a qualified mining engineer, he brings highly relevant engineering expertise that will complement the existing technical skills on the Board, further strengthening the Company's operational governance. Hennie joined Anglo American in 2004, initially holding a number of senior engineering positions within its Technical and Base Metals divisions. Most recently, from 2013 to 2019, he was Chief Executive Officer ("CEO") of Anglo American's Copper business, including the Los Bronces and Collahuasi mines in Chile together with the Quellaveco greenfield project in Perú.
Centamin plc is a Jersey-based gold producer. Its assets include Sukari Gold Mine, Doropo Gold Project and ABC Project. The Sukari is a bulk tonnage open pit and a high-grade underground operation, with significant exploration upside at depth and regionally, within the 160 square kilometers (km2) tenement. The Doropo Project consists of seven exploration permits, covering an area of over 1,850 km2. The Doropo Project is in the northeast of Cote dâIvoire, over 480 kilometers (km) north of Abidjan. The ABC Project is in northwest Cote d'Ivoire, over 550 km northwest of Abidjan and 460 km west of Centamin's Doropo project. Its EDX Blocks comprise 3,000 km2 of greenfield exploration tenements within the Egyptian section of the Arabian Nubian Shield. The land package is divided into three blocks: Nugrus Block, which covers over 1,086 km2, Um Rus Block, which is located 50 km north of Sukari, and Najd Block, which is located 100 km northwest of Sukari in the Central Eastern Desert.