Total
0
Shares
Dacian Gold (ASX:DCN) shuffles leadership roles
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Gold explorer Dacian Gold (DCN), has announced its founder, Executive Chairman and CEO Rohan Williams will resign and retire
  • Succeeding Rohan as CEO is Leigh Junk who has also been appointed the new Managing Director
  • Rohan led the company from its pre-IPO in January 2012 through to its current position as a mid-tier, ASX gold producer
  • Leigh is a highly experienced mining executive with 25 years on his belt
  • Additionally, Ian Cochrane will transition from his Non-Executive Director role to Non-Executive Chairman
  • Dacian Gold is down 2.93 per cent, with shares trading for $1.41 each

Gold explorer Dacian Gold (DCN) has announced some changes to its Board, effective from January 6, 2020.

Founder, Executive Chairman and CEO Rohan Williams will retire from the Board and will resign as CEO.

Succeeding Rohan as CEO is Leigh Junk who has also been appointed the new Managing Director.

"After eight years during which we established the company and built the Mt Morgans Gold Operation, I believe that the time is the right to refresh the CEO and Chairman roles," Rohan said.

Rohan led the company from its pre-IPO in January 2012 through to its current position as a mid-tier, ASX-listed gold producer.

He will assist in the handover and will remain a significant shareholder in the company.

Leigh is a highly experienced mining executive with 25 years on his belt at several Australian mining companies.

These include WMC Resources, Mincor Operations and Pilbara Manganese. Most recently, he was the CEO and Managing Director of Doray Minerals until its merger with Silver Lake Resources.

He was also a co-founder of Donegal Resources which successfully purchased and recommissioned several nickel operations around Kambalda.

Additionally, Ian Cochrane will transition from his Non-Executive Director role to Non-Executive Chairman.

"Leigh shares the Board’s enthusiasm for the opportunities at Dacian Gold and looks forward to him leading the next chapter of the company’s growth," Ian said.

Dacian is also on track to meet its 2020 financial year guidance of 150,000 - 170,000 ounces at Mt Morgans Gold.

Dacian Gold is down 2.93 per cent, with shares trading for $1.41 each at 1:26 pm AEDT.

DCN by the numbers
More From The Market Herald
Myanmar Metals (ASX:MYL) under fire from human rights groups for “irresponsible” Bawdwin sale

" Myanmar Metals (ASX:MYL) under fire from human rights groups for “irresponsible” Bawdwin sale

A coalition of Australian organisations and hundreds of Myanmar groups have lodged a formal complaint against ASX-listed Myanmar Metals (MYL) to the Australian
The Market Herald Video

" QLD copper explorer Revolver Resources (ASX:RRR) set to debut on the ASX

QLD copper player Revolver Resources will debut on the ASX later this month under the ticker code ‘RRR’.
Macarthur Minerals (ASX:MIO) progresses Infinity Mining listing

" Macarthur Minerals (ASX:MIO) progresses Infinity Mining listing

Macarthur Minerals (MIO) advises it has received the green light from the ASX to move ahead with its planned Infinity Mining listing.
Myanmar Metals (ASX:MYL) Chairman urges shareholders to accept $41m Bawdwin buyout

" Myanmar Metals (ASX:MYL) Chairman urges shareholders to accept $41m Bawdwin buyout

Myanmar Metals (MYL) Chairman and CEO John Lamb has urged shareholders to vote in favour of a takeover proposal for its Myanmar assets