PNG Gold names new director, chief financial executive

Business, Normal
Source:

The National, Wednesday 29th August, 2012

PNG Gold Corporation has announced that Bryan Nethery has joined the company’s board of directors.
The company also announced that Rick Low has been appointed chief financial officer effective Sept 18, replacing Michael Reimann, who has held that position since completion of the company’s business combination with NMC Mining Corp on June 13, last year.
Nethery is a metallurgical engineer who has more than 30 years of domestic and international senior management and metallurgical engineering experience.
He has extensive experience in all aspects of mining project development including scoping studies, pre-feasibility studies, “bankable” feasibility studies, metallurgical studies, valuations, due diligence studies, plant design, construction, commissioning and launching start-ups.
He was a vice-presidentof AMEC from 1994 to 2005.
Nethery is fluent in Spanish and has extensive international mining experience.
Low spent the last six years in the mining industry
Low has more than 20 years of progressive management experience in various industries in Canada and overseas.
PNG Gold is an exploration company with an advanced stage drilling programme in PNG.
PNG Gold holds a 100% interest in the Imwauna and Sehulea properties on Normanby Island, Milne Bay.

Low spent the last six years in the mining industry where he oversaw the finance and accounting function for a gold mining project during its progression from exploration, feasibility, construction and development through to commercial production.
He has also participated in raising various debt and equity financings and applications for listing on stock exchanges.
“I look forward to working with Rick, his particular hands on expertise in all aspects of finance in this changing mining environment will be most relevant for the aggressive exploration and development of our Papua New Guinea assets,” Greg Clarkes, chairman and director, said..
PNG Gold is an exploration company with an advanced stage drilling programme in PNG.
 PNG Gold holds a 100% interest in the Imwauna and Sehulea properties on Normanby Island, Milne Bay.