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Globe Metals & Mining new CEO Paul Smith starts today; retains retiring CEO Grant Hudson as regional advisor

Published 03/05/2024, 09:45 am
Updated 03/05/2024, 10:00 am
© Reuters.  Globe Metals & Mining new CEO Paul Smith starts today; retains retiring CEO Grant Hudson as regional advisor

The appointment of Paul Smith as chief executive officer for Globe Metals & Mining Ltd (ASX:GBE) is effective today — one month earlier than previously announced — following completion of the handover from retiring CEO Grant Hudson.

Globe points to Smith’s extensive experience as a senior mining industry executive, with a career spanning more than 30 years across exploration, feasibility studies, project development and operational management on a global scale, as having already proved to be instrumental in achieving significant milestones for Globe over the past five months.

This includes spearheading the recently completed optimisation study at Kanyika and the cross-listing of Globe’s securities on various German exchanges as part of the company’s strategy to increase brand recognition and liquidity in the central European capital markets.

Hudson steps into advisor role

Hudson will continue to work with Globe in the newly created role of regional advisor in Malawi.

In this capacity, he will be responsible for cultivating positive relationships with local and national government officials in Malawi, advocating for favourable policies, securing necessary permits and approvals, and ensuring compliance with governmental regulations relating to the planned refinery.

Hudson will also oversee the conception and execution of initiatives aimed at engaging the local community, addressing social concerns associated with the mine, refinery, and operations, as well as managing relocation efforts.

These initiatives may encompass community development endeavours, environmental conservation initiatives and corporate social responsibility programs intended to benefit local inhabitants and mitigate any adverse social or environmental effects.

Smith said: “We are thrilled that Grant has decided to stay with us. His extensive experience in the region makes him an asset through his deep understanding of the local context.

"Additionally, his leadership in community engagement and social responsibility initiatives will greatly benefit our efforts to make a positive impact in the region. We look forward to the continued contributions of Grant in his new role as regional advisor.”

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