Matador Mining appoints Ian Murray as executive chairman

Proactive Investors Thursday, 14 May 2020 ()
Matador Mining Ltd (ASX:MZZ) has appointed experienced mining executive Ian Murray as executive chairman of the board of directors. Murray is a chartered accountant, a member of the Australian Institute of Company Directors and holds an executive degree in Advanced Management and Leadership from the University of Oxford, Saïd Business School. With an accumulated 25 years’ of industry experience under his belt, Murray has held leadership positions at Gold Road Resources Ltd (ASX:GOR), DRDGold Ltd (NYSE:DRD) as well as with the international ‘Big Four’ accounting firms. Gold Road experience Matador believes he brings a wealth of financial, corporate, project development and operational experience to the board. Murray served at Gold Road for more than 10 years and was instrumental in taking the company from early exploration through to the fully funded Gruyere Gold Project, which is forecast to produce around 300,000 ounces per year for more than 10 years in joint venture with Gold Fields Limited (NYSE:GFI). During his time at Gold Road, Murray was pivotal in the selection and appointment of key personnel to drive progress through each stage of exploration and development. Shares are 10% higher in early trade at 22 cents. Board restructure Murray is the first appointment of what is anticipated to be a restructure of the Matador board. Executive director Adam Kiley has stepped down, however, remains in a senior management position and in the coming months, Grant Davey and Keith Bowes are expected to also step down as suitable independent directors are appointed. “Excited by opportunity” Murray said: “I am delighted to be joining Matador as chairman and am excited by the opportunity that lies ahead with the Cape Ray Project. “There are numerous aspects which attracted me to the company as there are several key similarities between the Cape Ray Project and the Yamarna Belt, which hosts the Gruyere gold deposit. “Most notably both companies have secured sizeable holdings along highly prospective, yet underexplored gold regions in first-world jurisdictions. Focus to "build on” scoping study results He continued: “The recently released results of the scoping study confirmed that Cape Ray has a solid starting platform for future gold production, however, I am very encouraged with the potential to significantly expand this mineral endowment. “The company’s primary focus will be to build on this platform, with systematic testing of the 80 kilometres of continuous strike along the Cape Ray Shear.”
Video credit: Wochit Tech - Published
News video: Bill Murray And Guy Fieri Are Headed To Flavortown

Bill Murray And Guy Fieri Are Headed To Flavortown 00:32

Guy Fieri is headed to Flavortown and he is taking Bill Murray with him. In the Nacho Average Showdown, Fieri and Murray will battle one another to raise money for charity. The two beloved celebs will be raising money for the Restaurant Employee Relief Fund (RERF). The organization has been helping...

Related videos from verified sources

Trump Signs Executive Order Targeting Social Media Companies [Video]

Trump Signs Executive Order Targeting Social Media Companies

Trump Signs Executive Order Targeting Social Media Companies President Donald Trump signed the executive order that seeks to curtail social media "censorship" on Thursday. The move comes two days..

Credit: Wibbitz Top Stories     Duration: 01:18Published
'When India decides, it performs': Dr Harsh Vardhan at WHO's Executive Board session [Video]

'When India decides, it performs': Dr Harsh Vardhan at WHO's Executive Board session

Union Health Minister Dr Harsh Vardhan took charge as the Chairman of the World Health Organisation (WHO) Executive Board. "When India decides, it performs. We eradicated polio and small pox in our..

Credit: ANI     Duration: 01:47Published

Related news from verified sources

Matador Mining to present Canadian gold story at Proactive online conference on Thursday

Matador Mining Ltd (ASX:MZZ) executive director Adam Kiley will present at an online conference held by Proactive this Thursday, May 21, with registrations...
Proactive Investors

You Might Like

Tweets about this