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Ironbark Zinc appoints new managing director as part of transition to production

Jardine has a Bachelor of Commerce (Honours) from the University of Western Australia.

Ironbark Zinc Ltd - Ironbark Zinc appoints Michael Jardine as managing director and Jonathan Downes as non-executive director
Ironbark is focused on the development of the Citronen Zinc-Lead Project in Greenland

Ironbark Zinc Ltd (ASX:IBG) has appointed Michael Jardine as its new managing director with effect from September 23 following this week's appointment of Frederick Hess, former PanAust Ltd managing director, as chairman.

Previous managing director Jonathan Downes will move into a non-executive director's role.

Transitioning into production

Downes said: “I am deeply impressed with the appointment of both Michael and Fred following an extensive executive search and look forward to working with them both.

“As Ironbark transitions from an exploration company into production, it is appropriate for the board’s skillsets to also evolve.

“I believe the right balance has been achieved in these appointments. This will open Ironbark up to fresh ideas, relationships and energy and I have absolute confidence in the leadership capabilities of Jardine.

“I look forward to staying very committed as a non-executive director to assist with a seamless transition.”

“Strong commercial and corporate expertise”

Newly appointed chairman Fred Hess said: “Mr Jardine is a welcome addition to Ironbark as the company seeks to reinvigorate the development of its flagship Citronen Zinc-Lead Project in Greenland.

“He brings strong commercial and corporate expertise in a range of areas that are both highly relevant to the challenges facing the company and complementary to the existing team, including Jonathan Downes as he transitions to a non-executive director role.”

World-class zinc mine

The new managing director said: “I am very pleased to be taking on this role at a key stage in Ironbark’s development journey.

“Leveraging off the many years of strong technical work completed to date at Citronen, and indeed the other projects held by the company, I am excited by the challenge of helping build what will be a world-class zinc mine.”

Previous experience

Jardine’s previous experience includes board and executive roles at a number of junior ASX-listed resource companies.

He arrives at Ironbark Zinc with strong credentials in corporate & project finance, strategy development and minerals marketing.

Jardine previously served as a director for Atrum Coal Ltd (ASX:ATU) and Pegasus Metals Limited, which is now Scorpion Minerals Ltd (ASX:SCN).

He is currently a non-executive director of TNT Mines Ltd (ASX:TIN) as well as Indus Energy NL (ASX:IND) and has previously worked in a corporate advisory role for Perth-based boutique investment bank Argonaut Limited.

The new MD also spent several years in senior executive roles with global data firm Synovate, in Perth and the UK, prior to its acquisition by Ipsos Limited in 2011.

Quick facts: Ironbark Zinc Ltd

Price: 0.017 AUD

ASX:IBG
Market: ASX
Market Cap: $14.38 m
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Ironbark Zinc demonstrates 'proof of concept that derisks the project in a...

Jonathan Downes, managing director of Ironbark Zinc Ltd (ASX:IBG), speaks to Proactive Investors about development of the Citronen Zinc-Lead Project in northern Greenland, as the emerging producer announces hitting the milestone of demonstrating shipping access. A mining services...

on 3/9/18

3 min read