💥Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

Andromeda Metals' new COO to focus on delivering Great White Kaolin Project

Published 20/10/2022, 10:58 am
© Reuters.  Andromeda Metals' new COO to focus on delivering Great White Kaolin Project

Andromeda Metals Ltd (ASX:ADN) has appointed Joe Ranford to the position of chief operating officer (COO) to enhance development and operational management, as the company progresses the development of its flagship Great White Kaolin Project (GWKP) in South Australia.

This is a critical time for the near-term producer of the industrial mineral halloysite-kaolin, which will see Ranford move from a part-time consulting role to a full-time position to focus on building the operating team, management systems and delivering the project for ADN.

Highlights reel

Ranford will resign from his board position with ADN to focus solely on his COO duties and he has already been instrumental in progressing the development of the project by leading Andromeda’s exploration, development and permitting activities.

Over the last two years, Ranford has also successfully developed the technical parameters for the success of the GWKP. His guidance and leadership have been crucial in the achievement of several recent significant milestones, including:

  • increasing the company’s resources and reserves;
  • securing a Mineral Claim across the Great White geological deposit;
  • successfully preparing and lodging the Mining Lease application for the project, which resulted in the Mining Lease (ML) and Miscellaneous Purposes Licences for GWKP being granted;
  • providing the technical leadership and support integral to completing the Definitive Feasibility Study; and
  • collating, preparing and lodgement of the Program for Environment Protection and Rehabilitation (PEPR) to South Australia’s Department for Energy and Mining.
Ranford grew up in South Australia’s Eyre Peninsula where the project is located and has a deep understanding and respect for the local community.

He has been active in building partnerships with local stakeholders.

Focus on development

“These changes enhance executive focus on the development of the GWKP through to production, thereby better enabling Andromeda to create long-term shareholder value,” chair of the board of Andromeda, Mick Wilkes, said.

“Having worked closely with Joe on the board, I value his strong operational capabilities and experience and look forward to working with him to deliver the production and financial outcomes of the GWKP as outlined in the DFS.”

Of his appointment, Ranford said, “This is an important stage of growth for Andromeda and focusing on the successful progression of GWKP through to production is not a part-time role.

“My time on the Andromeda board provided the experience needed in guiding the company through the transition phase from explorer, through approvals and towards becoming a developer.

"Now is the time to singularly direct my focus to developing the team and GWKP. I look forward to working collaboratively with the board while doing this.”

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.