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Metro Mining’s (ASX:MMI) CFO resigns
Source: Metro Mining MMI
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  • Metro Mining (MMI) has announced its Chief Financial Officer and Joint Company Secretary, Duane Woodbury, has resigned
  • Now, Metro is on the hunt for a replacement, and Duane has agreed to work with the board for an orderly transition
  • Managing Director and CEO Simon Finnis has thanked Duane for his commitments and achievements at Metro
  • On the market this afternoon, Metro is down 3.51 per cent and is trading at 5.5 cents per share

Metro Mining (MMI) has announced its Chief Financial Officer and Joint Company Secretary, Duane Woodbury, has resigned.

There are no details on why Duane has left the company, but Metro have wished him the best.

Now, Metro is looking for a replacement, and Duane has agreed to work with the board for an orderly transition.

Managing Director and CEO Simon Finnis thanked Duane for his commitments to Metro.

"Duane played a major part in financing of the construction of the Bauxite Hills Mine and after his appointment as CFO his experience in the management of Metro’s finances has been of great value, particularly during the difficult 2020 year," he said.

"In addition to the many contributions he made to the company, Duane was instrumental in securing Metro’s Stage 2 Expansion loan facility with Northern Australia Infrastructure Fund. We wish Duane every success in the future," he added.

Earlier this year, Metro announced it intends to recommence operations at its Bauxite Hills Mine when Australia’s northern wet season ends.

On the market this afternoon, Metro is down 3.51 per cent and is trading at 5.5 cents per share at 3:58 pm AEST.

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