Two senior appointments to deliver portfolio optimisation and
growth strategy
PERTH, Western
Australia, Oct. 15, 2024 /CNW/ - Westgold
Resources Limited (ASX: WGX) (TSX: WGX) (OTCQX:
WGXRF) – (Westgold or the Company) is
pleased to announce it has appointed mining executive, Mr
Aaron Rankine, as the Company's new
Chief Operating Officer with effect from 20 January 2025.
Mr Rankine is a mining engineer with more than 20 years'
experience in Australia and
internationally, most recently as General Manager – Operational
Performance with global mining contractor, Perenti Limited. His
prior experience includes senior positions at Barminco, including
General Manager, Operations Manager, and Group Manager - HSE.
Mr Rankine has a Bachelor of Engineering (Mining) with Honours
from the Western Australian School of Mines, a WA First Class Mine
Manager's Certificate, and an Executive MBA. He brings extensive
experience in managing and optimising the performance of multi-mine
underground operations across gold, copper and nickel assets.
Mr Rankine said he was excited by Westgold's potential to
grow.
"I chose to join Westgold because of the amazing platform that
has been built over many years by the dedicated people in the
business, culminating in the recent acquisition of the Southern
Goldfields assets. This platform, and the team behind it, has
created an opportunity to generate significant value," he said.
To enhance Westgold's project delivery capability, acting Chief
Operating Officer, Mr Jacob Mesiha
has been promoted to the newly created role of General Manager
Projects and Operational Readiness. This role has responsibility
for the delivery of all major mine development / expansion and
capital projects across the portfolio.
Mr Mesiha has built his career at Westgold over 13 years and
brings a wealth of operational experience gained in various mine
management and general manager roles across the Murchison and
Southern Goldfields assets.
Westgold Managing Director and CEO Wayne Bramwell commented:
"Westgold continues to build bench strength to deliver our
growth aspirations. These two senior appointments broaden our
leadership and technical capabilities and underpin our strategy to
optimise and leverage our expanded asset portfolio to become a 500
– 600,000 ozpa gold producer from FY26/27.
We're delighted that Westgold has attracted a candidate of
Aaron Rankine's calibre and his
appointment to our leadership team. Aaron brings a track record in
safety and operational performance leadership that will be
essential as Westgold targets higher productivity and lower costs
from our expanded portfolio of assets.
We are equally delighted with Jacob
Mesiha's development and promotion to the next stage of his
career, in the newly created role of General Manager - Projects and
Operational Readiness.
We thank Jacob for stepping up and capably acting as our interim
COO. His extensive project knowledge garnered over 13 years'
experience in our operations will be instrumental in the successful
delivery of our pipeline of growth and capital projects."
Forward Looking Statements
These materials prepared by Westgold Resources Limited include
forward looking statements. Often, but not always, forward looking
statements can generally be identified by the use of forward
looking words such as "may", "will", "expect", "intend", "believe",
"forecast", "predict", "plan", "estimate", "anticipate",
"continue", and "guidance", or other similar words and may include,
without limitation, statements regarding plans, strategies and
objectives of management, anticipated production or construction
commencement dates and expected costs or production outputs.
Forward looking statements inherently involve known and unknown
risks, uncertainties and other factors that may cause the Company's
actual results, performance and achievements to differ materially
from any future results, performance or achievements. Relevant
factors may include, but are not limited to, changes in commodity
prices, foreign exchange fluctuations and general economic
conditions, increased costs and demand for production inputs, the
speculative nature of exploration and project development,
including the risks of obtaining necessary licenses and permits and
diminishing quantities or grades of reserves, political and social
risks, changes to the regulatory framework within which the Company
operates or may in the future operate, environmental conditions
including extreme weather conditions, recruitment and retention of
personnel, industrial relations issues and litigation.
Forward looking statements are based on the Company and its
management's good faith assumptions relating to the financial,
market, regulatory and other relevant environments that will exist
and affect the Company's business and operations in the future. The
Company does not give any assurance that the assumptions on which
forward looking statements are based will prove to be correct, or
that the Company's business or operations will not be affected in
any material manner by these or other factors not foreseen or
foreseeable by the Company or management or beyond the Company's
control.
Although the Company attempts and has attempted to identify
factors that would cause actual actions, events or results to
differ materially from those disclosed in forward looking
statements, there may be other factors that could cause actual
results, performance, achievements or events not to be as
anticipated, estimated or intended, and many events are beyond the
reasonable control of the Company. In addition, the Company's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of the factors
outlined in the "Risk Factors" section of the Company's continuous
disclosure filings available on SEDAR+ or the ASX, including, in
the Company's current annual report, half year report or most
recent management discussion and analysis.
Accordingly, readers are cautioned not to place undue reliance
on forward looking statements. Forward looking statements in these
materials speak only at the date of issue. Subject to any
continuing obligations under applicable law or any relevant stock
exchange listing rules, in providing this information the Company
does not undertake any obligation to publicly update or revise any
of the forward-looking statements or to advise of any change in
events, conditions or circumstances.
This announcement is authorised for release to the ASX
by the Board.
SOURCE Westgold Resources Limited