Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Firefinch appoints experienced mining executive Scott Lowe as managing director

Published 19/09/2022, 02:05 pm
Updated 19/09/2022, 02:30 pm
© Reuters Firefinch appoints experienced mining executive Scott Lowe as managing director

Firefinch Ltd (ASX:FFX) has appointed experienced senior mining executive Scott Lowe as managing director with the appointment to take effect from October 17, 2022.

Lowe is a senior mining executive with considerable industry, management and technical experience and including a successful track record with African operations.

West African experience

His experience in the industry spans more than 35 years in a wide range of commodities and countries with the most recent roles with South32 in Australia and as CEO of ArcelorMittal’s West African mining business in Liberia.

Previous roles have included CEO of publicly listed mining exploration and development companies and senior management positions in BHP (ASX:BHP) and Peabody Pacific.

Firefinch chairman Brett Fraser said: “The Morila Gold Project has contributed to the Malian communities for over two decades and will continue for years ahead.

"Managing the detail to extract the most from the project, maintain the strong community and government relationships, and to operate in an environmentally sensitive manner requires a depth of knowledge and experience that is reposited with Scott Lowe.”

African track record

During his career, Lowe has worked in a number of African jurisdictions and delivered impressive results in challenging environments.

These include achieving record production and low costs in an open cut operation in West Africa during the pandemic; managing the start-up of new open cut and underground mines in South Africa and West Africa; and negotiating successful joint ventures with BHP and Glencore (LON:GLEN).

Lowe has a strong track record in Africa establishing and maintaining positive relationships with employees and unions, government, community and other external stakeholders that are essential for business success.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

In “safe, sensible hands”

"Scott’s strong operational capability coupled with African experience places Morila and Firefinch into safe, sensible hands to guide the growth and stability at the project and for Firefinch,” Fraser said.

"I am truly looking forward to Scott taking the helm at Firefinch as the company continues its ramp-up at Morila to become an ASX listed Gold producer.”

Lowe holds a post-graduate qualification in Business Management (MBA) along with tertiary qualifications in Mining Engineering, a Mine Manager’s Certificate of Competency (Australia) and a

Diploma in Marine Terminal Operations from King’s Point Merchant Marine Academy NY USA.

Acting CEO thanked

In a statement, Firefinch said: “The board wishes to thank Andrew Taplin who stepped in as acting CEO and his efforts in carrying out that role are greatly appreciated.

"Andrew has set the foundation for Scott to build upon after pivoting the company and its operation at a critical time for Firefinch.

“Andrew will resume the role of chief operating officer on commencement of Scott’s appointment.”

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.