Friday, 9 July, 2010 - 09:16
Sumich resigns from DMC Mining
David Sumich has resigned as managing director of DMC Mining following a takeover by Cape Lambert Resources.
David Sumich is a company director with over 25 years of experience in the mining industry, having held senior leadership and executive positions with ASX-listed entities. He has also held numerous financial consulting and
advisory roles covering corporate finance, capital raising and accounting.
Prior to becoming chief operating officer and chief financial officer of Lindian Resources and Volt Resources from October 2020 to June 2021, Mr Sumich was part of the development and production team of Rio Tinto at the Marandoo Iron Ore expansion in the Pilbara region of WA. He was also executive chair of eSports Mogul Asia Pacific (formerly Volta Mining), managing director and founder of West African iron ore company DMC Mining where he was responsible for overseeing the acquisition of the Mayoko Iron Ore Project and the subsequent capital raisings, drilling programmes, JORC statement and the rail and port agreements with the Government of the Republic of Congo.
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NEW ROLE: Executive Chair, DMC Mining | 20 Dec 2021 |
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NEW ROLE: Chief Operating Officer, Chief Financial Officer, Volt Resources | 22 Oct 2020 |
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NEW ROLE: Chief Operating Officer, Chief Financial Officer, Lindian Resources | 21 Oct 2020 |
David Sumich has resigned as managing director of DMC Mining following a takeover by Cape Lambert Resources.
David Sumich’s West Africa-focused gold explorer, Volta Mining, has entered an agreement to acquire a series of six prospective gold permits throughout Burkina Faso and Mali.
Perth-based Volta Mining, headed by former DMC Mining founder and managing director David Sumich, is venturing into central West Africa with the acquisition of its first iron ore project.
Perth-based Volta Mining has raised $2.5 million to advance its exploration efforts at the DSO Newman iron ore project in the Pilbara and has completed the acquisition of Pilbara Commodities.
A company angling for a share of the 1.6 billion strong global video gamers market - and maybe doing it with government backing - has leapt on debut on the ASX.
SPECIAL REPORT: Nearly 70 WA-connected companies listed on the ASX in 2016, but current prospects indicate there will be substantially fewer this year.
Panorama Synergy has appointed Peter Lewis AM as chief executive.
James Minto has stepped down as non-executive director of Australian Finance Group. Mr Minto joined the board from 2004 to 2013 and again from 2015. He was involved in the successful listing of AFG.
Our weekly appointments wrap includes Kate Glancy, Moshe Hukaylo, Andrew Francis, Bhavesh Morar and David Sumich.
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