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GVM
GVGVM
GVM - GVM Metals Limited - Director Appointments
GVM Metals Limited
Previously, "Golden Valley Mines Limited")
Incorporated and registered in Australia)
Registration number ACN 008 905 388
Share code on the Australian Stock Exchange Limited: GVM & ISIN:
AU000000GVM1
Share code on the JSE Limited: GVM ISIN: AU000000GVM1
Share code on the Alternative Investment Market: GVM & ISIN: AU000000GVM1
("GVM")
DIRECTOR APPOINTMENTS
Following the placement to Global Coal Management plc (`Global Coal`,
formerly Asia Energy plc) as notified on 21 December, the Company is
pleased to advise that Mr Stephen (Steve) Bywater and Mr Graham Taggart
have been appointed as Non-Executive Directors of the Company effective
immediately.
Steve Bywater
Mr Bywater has a distinguished career in the resources industry, developing
and operating a total of 14 large-scale open pit mining operations. Before
joining Global Coal in January 2006, he was Chief Operating Officer for Rio
Tinto Coal Australia. In this position Steve oversaw seven mining
operations, producing 60 million tonnes of saleable coal a year.
He was previously General Manager Operations for Robe River Mining, a
subsidiary of North which subsequently became a subsidiary of Rio Tinto in
2000. He was also General Manager, Mine Operations, for Hamersley Iron
Limited and General Manager at Mount Isa Mines in both Mining and
Metallurgical Operations. His position at Robe River Mining included
management of both the port and rail facilities.
Born in Britain and now an Australian, Steve has a B.Sc. in Engineering
Geology and Geotechnics from Portsmouth University and a M.Sc. in Rock
Mechanics and Excavation Engineering from Newcastle-upon-Tyne University.
He is a Fellow of both the AUSIMM (Australasian Institute of Mining and
Metallurgy) and the AIM (Australian Institute of Management).
Graham Taggart
Mr Taggart, an Australian, is a qualified Chartered Accountant with 25
years experience in the resources industry with Rio Tinto. Prior to
joining Global Coal, Graham was Chief Financial Officer and Company
Secretary for Rio Tinto Coal Australia, where he was responsible for a
group producing some 60 million tonnes per annum of thermal and coking
coal. He was previously General Manager Commercial and Chief Financial
Officer for PT Kaltim Prima Coal (producing some 20 million tonnes of
thermal coal per annum), and before that he was Director Finance for PT
Kelian Equatorial Mining (producing some 500,000 oz of gold per annum),
both Indonesian based.
8 February 2007
South African Sponsor
PricewaterhouseCoopers Corporate Finance
Date: 08/02/2007 07:51:10 Produced by the JSE SENS Department.
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