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How A Junior Miner Might Have Sparked A New Canadian Gold Rush
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How A Junior Miner Might Have Sparked A New Canadian Gold Rush
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How A Junior Miner Might Have Sparked A New Canadian Gold Rush
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Carnavale Resources gains a strong mix of exploration and corporate skills with appointment of new CEO
Humphrey Hale has already made a strong contribution to the company as a consultant and Carnavale is likely to benefit from his strong mix of exploration and corporate skills. He has over 25 years of experience in the resource industry, exploring and developing assets.
Carnavale Resources Ltd (ASX:CAV) (FRA:YBB) has appointed Humphrey Hale, a resource industry veteran, as chief executive officer (CEO) effective June 1, 2021, a move that will benefit the company as he brings a strong mix of exploration and corporate skills.
Hale has held the role of consulting managing geologist at Carnavale from July 2020 and has successfully managed the acquisition of new opportunities and exploration of the company’s assets.
AngloGold Ashanti reported first quarter headline earnings of US$203 million, driven by the higher gold price, as the Company continued its reinvestment programme aimed at completing the redevelopment of the Obuasi gold mine and adding new gold reserves across its portfolio.
Headline earnings of US$203 million, or 48 cents a share in the three months to the end of March 2021, compare to US$143 million, or 34 US cents per share, in the first quarter of 2020.
Adjusted net debt declined by 43% year-on-year to US$908 million in the first quarter of 2021 from US$1,606 million in the first quarter of 2020.
“We continue to make progress in delivering on our strategy,” Christine Ramon, interim chief executive officer said.