- Vango Mining has appointed Andrew Stocks as new Managing Director effective from January 20, 2020
- He will replace Sean Zhou who will continue at the company as Deputy Chairman and Non-executive Director
- Andrew will help Vango advance its Marymia Gold Project
- Vango’s share price remains steady with shares trading for 16.5 cents apiece
Vango Mining has appointed Andrew Stocks at its new Managing Director effective from January 20, 2020.
Andrew is a highly experienced resource sector senior executive and his appointment is a key strategic addition to the Vango Board and management team as the company continues to advances plans at its Marymia Gold Project.
The Marymia project is located in the mid-west region of Western Australia and is wholly owned by Vango.
The company is planning to develop Marymia into a significant, stand-alone, gold mining and processing operation.
Andrew is a Mining Engineer with more than 30 years’ experience in multiple project management and operational roles in the gold sector both in Australia and overseas.
Before his appointment, Andrew founded and was the Managing Director of Australian iron ore development company Iron Road Limited for the past 12 years.
In this role he played a significant role in the exploration and development of the Central Eyre Iron Project in South Australia.
Here he led the growth of the project through to delivery of a $100 million definitive feasibility study that confirmed the commercial viability of the CEIP as Australia’s leading development-ready magnetite project.
Speaking of Andrew’s appointment Vango Executive Chairman Bruce McInnes had nothing but praise.
“We are pleased to welcome Andrew to the Vango team at an extremely exciting point in our development of the Marymia Gold Project,” Bruce said.
“Andrew has a strong track record of successfully developing projects and a keen focus on corporate performance and culture. The Board and management team look forward to working closely with him to maximise the value of the Marymia Gold Project for the benefit of our shareholder,” he added.
Current Managing Director Sean Zhou will continue to play an active role at Vango as Deputy Chairman and Non-executive Director.
Sean holds a Bachelor of Commerce from the University of Sydney and a Masters in Project Management also from the University of Sydney.
During his time as Managing Director at Vango his insights were critical to the company as it moved towards production.
“I would also like to acknowledge the efforts of Sean Zhou, who has played a key role in the leadership of the company to date, and I look forward to his continued active involvement and support as Deputy Chairman and Non-executive Director,” Bruce commented.
Vango’s share price is steady today with shares trading for 16.5 cents apiece at 3:16 pm AEDT.