Mandalay Resources Makes Changes to Executive Team and Board of Directors
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Brad Mills
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Mark Sander
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Mandalay Resources Corporation has made changes to its board of directors and senior executive team.
Brad Mills, chief executive officer, is transitioning to executive chairman of the board. In this new role, Mills will continue to be directly involved in Mandalay’s strategic direction and operations. Replacing Mills as president and chief executive officer is Mark Sander, currently president of Mandalay Resources.
Mark Sander was promoted from chief operating officer to President of Mandalay in March 2013 and has played a key role in the growth of Mandalay since its acquisition of the Costerfield mine in Australia in 2009. Dr. Sander holds a PhD in Ore Deposits and Exploration from Stanford University (USA) and has been active in the mineral resource industry for more than 25 years in operations, strategy and exploration, with a focus on copper, gold and platinum projects. Prior to joining Mandalay Resources, Dr. Sander’s industry experience included serving as vice president of strategy and planning for BHP Billiton’s copper group.
Braam Jonker, currently serving as chairman of the board, will be assuming the role of lead independent director.
“I am pleased to transition into the role of executive chairman where I will continue to be actively involved in Mandalay’s overall strategy and direction. I welcome the appointment of Mark Sander to the role of president and chief executive officer. Mark is a founding member of the management team, and has been actively involved in the company since the inception of the company and the subsequent acquisitions in Australia, Chile and Sweden. Mark has been a key member of management in developing Mandalay into a diversified, cash flowing and highly prospective mining company. He is the ideal person to continue our track record of creating shareholder value and I look forward to working with him in his new role,” said Brad Mills, chairman of Mandalay Resources.
About Mandalay Resources
Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia, Chile, and Sweden, and a development project in Chile. The company is focused on executing a roll-up strategy, creating critical mass by aggregating advanced or in-production gold, copper, silver and antimony projects in Australia, the Americas, and Europe to generate near-term cash flow and shareholder value.
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