Marengo appoints ex-Ok Tedi execs

 EMERGING copper producer Manrengo Mining Ltd has strengthened its executive management team with two key appointments as it progresses towards development of its flagship Yandera copper-molybdenum-gold project in the Usino-Bundi district of Madang.

Mark Churchward has been appointed chief financial officer and Dean Richardson vice-president investor relations, both based in Perth, Western Australia.

Churchward is a chartered accountant with extensive experience in finance and commerce with a number of listed mining companies, both in Australia and overseas. 

He served as finance manager for Ok Tedi Mining Ltd, based at the Ok Tedi mine in Tabubil for four years.

Richardson has extensive experience in managing investor relations for ASX listed companies, specifically those with dual listings on the Toronto Stock Exchange. 

He most recently operated in this role at Minemakers Ltd. 

His previous work in investor relations in North America and Europe has equipped him well for the role that he will undertake in keeping Marengo’s Australian and international investors fully informed regarding the company’s activities. 

John Ribbons will remain as Marengo’s company secretary, a role he has diligently fulfilled, together with the CFO role, on a contract basis for a number of years. 

The increasing complexity of Marengo’s financial management, as the company moves towards mine development, has necessitated the appointment of a full-time CFO.

Marengo Mining managing director Les Emery said he was pleased to have secured the services of two high calibre individuals in Churchward and Richardson, to strengthen the Marengo executive team and to provide additional capability in the key areas of financial management and investor relations. 

“We are very pleased to have attracted such experienced members to the Marengo team, particularly so soon after engaging a highly experienced project director, in Bernard Bent,” he said. 

“At this time I also extend my thanks to John Ribbons, for his efforts and diligence, in providing financial management to Marengo, over an extended period and look forward to working with him, in his ongoing role as company secretary.”