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Aldoro Resources taps mining veteran Dr Caigen Wang to help push Australian and Namibian agenda

Published 14/07/2023, 11:51 am
© Reuters.  Aldoro Resources taps mining veteran Dr Caigen Wang to help push Australian and Namibian agenda
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Aldoro Resources Ltd (ASX:ARN) has enlisted Dr Caigen Wang, Tietto Minerals Ltd (ASX:TIE)’s founder and former managing director, as a non-executive director, effective from July 17.

Wang brings with him a successful track record in leading Tietto through exploration and resource development to become Africa’s newest gold producer with a market capitalisation of about $600 million.

With an extensive background as a mining engineer, mining academic and mine manager in Australia, Canada and China, Wang has proven his expertise in 'discovery-to-mine' execution as well as generating returns for shareholders.

Much-needed expertise

“The Aldoro board welcomes Dr Caigen Wang to the company,” Aldoro chairman Troy Flannery said.

“I have known Caigen professionally for many years and have followed his success in taking (Tietto’s) Abujar Gold Project from discovery through to commercial production.

“Caigen’s professional network in West Africa and Australia is expected to assist Aldoro greatly with its production intentions at both Narndee and Kameelburg.”

Mining maverick

Wang founded Tietto more than 13 years ago and led the company's listing on the Australian Securities Exchange at an initial valuation of $30 million.

Prior to Tietto, Wang served as the chief executive officer of Ishine Resources, an ASX-listed explorer with multiple exploration projects across Australia.

He has also held senior positions as a mining engineer for companies such as St Barbara, BHP (ASX:BHP) and Sons of Gwalia.

Wang's educational background includes a Bachelor's, Master's and PhD in Mining Engineering and is a fellow of the Australasian Institute of Mining and Metallurgy.

About the company

Aldoro has a portfolio of critical minerals, including rare earth, lithium, rubidium and base metal projects in Western Australia and Namibia.

The company’s flagship project is the Narndee Nickel Project in Western Australia, which is prospective for nickel-copper-PGE mineralisation.

Aldoro's other projects include the Kameelburg REE Project in Namibia as well as the Wyemandoo lithium-rubidium-tungsten project and the Niobe lithium-rubidium-tantalum project, both in Western Australia.

Read more on Proactive Investors AU

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