Cleveland gets ex-Rio Tinto boss
By Sharon O. | September 14, 2010 9:44 PM EST
Australian gold company Cleveland Mining today announced it has secured mining heavy-weight Donald Bailey as a non-executive director.
Mr Bailey was Rio Tinto's Deputy Mining Director, a role in which he was responsible for the Company's operations in South America, southern Africa and Continental Europe, a statement from Cleveland Mining said.
Mr Bailey joins two former Fortescue Metals Group executives on the Board: David Mendelawitz, Fortescue's former Head of Business Improvement, who takes the mantle of CEO, and Jim Williams, FMG's former Head of Mining and now a Non-executive Director with Cleveland.
Mr Mendelawitz said that few people in the mining industry have the credentials of Don Bailey.
"For half a century, Mr Bailey has been a respected figure in both mining pits and boardrooms across the world. He brings an encyclopaedic understanding of the technical, financing and corporate aspects of mining projects to Cleveland," he said.
"Mr Bailey knows how successful gold mines are built in Brazil after leading the Morro do Oro gold project in Minas Gerais state, the state neighbouring Cleveland's operations in Goiás."
"Since Cleveland Mining was founded fourteen months ago, the Company has acquired five mining projects in the Crixás goldfields of central Brazil. We have built an excellent team and a large scale drilling program is underway."
In August, Cleveland Mining Limited said it plans to list on the Australian Stock Exchange.
To contact the editor, e-mail:
Most Popular Slideshows
- 2014 MLB World Series Game 1: San Francisco Giants 7, Kansas City Royals 1 [PHOTOS]
- 2014 MLB World Series - Game 2: Kansas City Royals 7, San Francisco Giants 2 [PHOTOS]
- NFL Thursday Recap - Denver Broncos 35, San Diego Chargers 21: Peyton Manning Has 3 TDs In Easy Win [PHOTOS]
- 2014 MLB World Series Game 3: Kansas City Royals 3, San Francisco Giants 2 [PHOTOS]
Join the Conversation
- Tesco Facing Crisis After Chairman Quits Citing Accounting Scandal In The Retail Giant
- Australian Federal Court Fines Reebok $350,000 & Orders Refunds For Shoe Endorsed By Miranda Kerr That Claims Unproven Health Benefits
- Perth Call Centre Staff Bad In English And Not Philippine And Indian Counterparts, Telstra Boss Says
- Xiaomi Redmi 1S vs. Sharp Aquos Crystal – Specifications, Features And Price Showdown
- Boy Stoned To Death For Alleged Rape, Victim Receives Dowry From Militants
- Verizon Motorola Droid Turbo Leaked Live Images Surfaces, Scheduled To Get Unveiled On Oct 28
- Update HTC One M7 with LG G2 with Android 4.4.2 as Sprint OTA: Fixes and Installation
- Russia is Creating Underwater Combat Robots to Protect its Arctic Territories
- ‘Lone Wolf’ Attack on Canada Parliament Hill Could be ISIS-Related
- U.S. Targets Buyers of ISIS Oil, Threatens Sanctions