Sandfire Resources has made changes to its management team and board, including appointing Sally Langer, and refined its strategic focus.
Sandfire Resources has made changes to its management team and board, including appointing Sally Langer, and refined its strategic focus.
Ms Langer has been appointed as a non-executive director, while non-executive directors Maree Arnason and Robert Scott have retired from the board.
A human resources and accounting professional, Ms Langer is the founder and managing partner of management consulting and executive recruitment firm Derwent Executive.
Prior to establishing her own firm, Ms Langer was a director at recruitment firm Michael Page and a chartered accountant at Arthur Andersen.
Ms Langer will chair Sandfire’s newly established people and performance committee.
Sandfire’s management has undergone changes, with the company implementing a smaller executive team consisting of chief executive officer and managing director Karl Simich, chief operating officer Jason Grace and chief financial officer and company secretary Matthew Fitzgerald.
General manager geology Shannan Bamforth and chief exploration and business development officer Bruce Hooper now report to Mr Grace and Mr Fitzgerald.
Other changes to staffing include Victoria Twiss being promoted to legal counsel and head of legal and procurement and Samantha Masters has been appointed head of health, safety, environment and community.
In a statement to the ASX today, the company said it had realigned its focus to make the transition from a single-mine company to a multi-asset base and precious metals producer.
The plan includes optimising the existing DeGrussa operations and incorporating it with the Monty copper-gold mines, optimising the feasibility study on the T3 copper-silver project in Botswana that it aquired in 2019 from MOD Resources, and advancing the Black Butte copper project in the USA.
Sandfire Resources chair Derek La Ferla said the changes marked an important reset of the company's strategy and structures across the business to position it for its next growth chapter.
“The changes are designed to ensure that the organisation is appropriately structured to deliver long- term value, led by a refreshed and reconfigured board and senior management team.
“It is important to note that we wish to build on and leverage off the substantial achievements of the company over the past decade – and the people who have helped us establish Sandfire as a premier mid-tier ASX-200 mining company with an enviable track record and reputation.
“The changes are designed to build on our achievements and continue our excellent community and ESCG work while at the same time building on our can-do culture."
Sandfire Resources managing director and chief executive Karl Simich said the company was maturing as a mining business with a reset of its strategic plan which was driven by a whole-of-business review.
“Much has changed within Sandfire over the past 18 months, partly as a result of new senior appointments, our acquisition of MOD Resources Ltd last year and permitting of the Black Butte copper project in the USA,” Mr Simich said.
“Sandfire’s original vision – ‘opportunity redefined’ – has driven the discovery, financing, construction and successful operation of the DeGrussa operations, including an exploration push that has seen the discovery of four copper-gold lenses at DeGrussa and the discovery and integration of the satellite Monty copper-gold mine.
“Now, we have embarked on a new growth chapter by building an international growth pipeline that expands into Africa and North America.
“To deliver on this vision, we have enhanced and strengthened our team with new people and new skills, both through recruitment and internal promotion.”
