(PRWEB) November 15, 2005
Moto Goldmines Limited (ASX:MOE, TSX:MGL) has appointed a new Chief Operating Officer to oversee the development of its African assets.
Mr Andrew Dinning will have responsibility for managing the feasibility process, mine development and plant construction and commissioning at the Moto Gold project in the north east of the Democratic Republic of Congo.
"This appointment reflects the growth of Moto Goldmines and is a significant step in advancing from an exploration stage to project feasibility and development," said Klaus Eckhof, Moto Goldmines Limited Managing Director.
Mr. Dinning has more than 17 years experience in international operational issues within the gold and mining sector and has worked in Russia, the United Kingdom and spent over 12 years with Western Mining Corporation.
"Mr Dinning’s considerable experience with mine management, capital raising, project funding and risk analysis will prove invaluable to our development," Mr Eckhof said.
Mr Dinning has a Mining Engineering Degree, First Class Mine Managers Certificate and a Masters in Business Administration.
“The Moto gold project will be the first major development in the region for more than 40 years, so to have someone with so much expertise in operations, logistics and mine management will ensure the project runs smoothly,” Mr Eckhof said.
A new operational committee made up of Board members with operational and project-financing experience to oversee the development will support Mr Dinning. Former Chief Operating Officer of AngloGold Ashanti, Mr David Hodgson, will chair the committee.
“Moto is an exciting opportunity with an extremely prospective asset and these initiatives will be critical in developing a world class mining operation,” Mr Eckhof said.
For Further information: Klaus Eckhof +61 (0)41-1148 209, Thomas Murrell, 8M Media & Communications +61 (0)417 - 984 996
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