Proactive Investors - Run By Investors For Investors

Xanadu Mines appoints Dr Andrew Stewart as managing director

Xanadu Mines Ltd (ASX:XAM) is focussed on copper and gold in Mongolia’s highly mineralised south Gobi region.
Xanadu Mines appoints Dr Andrew Stewart as managing director
Xanadu Mines Ltd appoints Dr Andrew Stewart as managing director

Xanadu has now appointed Dr Andrew Stewart as managing director and chief executive officer.

Mark Wheatley, executive chairman, will move to non-executive chairman.

Both changes are effective immediately, and are in line with the company's succession plan.

Stewart commented: "Over the next few months, I will be appointing a highly experienced chief geologist to ensure a seamless transition of the succession plan.

"This will complete a reorganisation of our exploration team in Mongolia to ensure our focus on exploration success continues and will strengthen in-country capacity to support our well-funded ongoing exploration programs across multiple projects.

"My move to Australia will assist with promotion of the company and provide easier and more regular access to important stakeholders and capital investment markets."

View full XAM profile View Profile

Xanadu Mines Ltd Timeline

Related Articles

Archer quantum computing technology
February 13 2019
As part of its advanced materials strategy, the company is progressing a graphite-to-graphene beneficiation strategy.
Breaking first ground at the HPA plant site
August 10 2018
Stage I construction at Johor site kicks off with a geotechnical drilling and ground survey program.
November 24 2018
Freeport can earn into the two licences, which are within the southern portion of the Timok Magmatic complex

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use