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Jones resumes Gindalbie Metals chairmanship

Former-Gindalbie Metals chairman George Jones has been re-appointed to the position as a replacement for Geoff Wedlock, who was among the victims of the fatal aircraft crash in West Africa last week. 

Jones, who relinquished the chairmanship in order to receive treatment for Meniere’s Disease in August last year, will resume the role effective immediately. 

“I am in the best health I have been for about seven years and I am looking forward, once again, to leading Gindalbie as it enters this extremely positive phase of development,” he said. 

“The company is in a very strong position.

“The recent completion of our $206.4 million capital raising gives us the financial firepower to successfully complete the development of the Karara iron ore project so we can be in production next year.

“I am looking forward to working closely with the entire team at Gindalbie and our joint venture company Karara Mining to deliver on the potential of Karara for all of our shareholders.” 

Jones has been a director at the company since 2005. 

“George is familiar with the company, its operations and our people and has a strong and well-developed relationship with our partner Ansteel,” the company’s managing director Garret Dixon said.

“To have someone of that calibre already on the board shows the maturity of Gindalbie and how far we have already developed.” 

Wedlock, serving is his capacity as the chairman of Sundance Resources, was travelling to the company’s Mbalam iron ore project in Cameroon last week. 

The entire Sundance board, including chief executive Ken Talbot, was killed when the aircraft crashed in the Republic of Congo, near the Cameroonian border. 

Their bodies have been recovered from the remote crash site and are awaiting repatriation to Australia from the Congolese capital Brazzaville. 

 

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