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Gold & silver

Greatland Gold appoints former Rio Tinto mining veteran as a non-executive director

On first joining Rio Tinto's Head Office in London, Clive headed up the Global Asset Management group as part of a company-wide improvement programme

Clive Latcham, a former copper group mining executive at Rio Tinto, has been appointed as a non-executive director to the board of Greatland Gold plc (LON:GGP).

The chemical engineer and mineral economist has more than thirty years' experience in senior roles in the mining sector and is currently a senior external advisor at the sustainability consultancy firm, Environmental Resource Management (ERM), where he is also an advisor to the chairman and chief executive officer.

READ Greatland intercepts significant mineralisation in latest drilling at Havieron

Prior to his role at ERM, Latcham worked as an independent advisor to private equity and mining consultancy firms and spent nine years in senior roles with Rio Tinto.

At Rio, he was responsible for managing Rio Tinto's investments in the operating businesses of Escondida in Chile, Grasberg in Indonesia, and Palabora in South Africa and for the initial development of new projects and acquisitions, including La Granja in Peru and La Sampala in Indonesia. He served on the operating committees of both Escondida and Grasberg mines.

At Greatland, he will support the management team in ensuring that the company has covered all the key issues required to advance the Havieron project to the next stage of development, including identifying suitable people that can assist the current management team as well as advising the board during any potential negotiations with major mining companies.

#GGP Look like this was the reason he was in London talking with Clive Latcham. https://t.co/AJwWPUCsbR

— Goodshare (@Goodshare1) October 15, 2018

"We are very pleased to announce Clive Latcham's appointment as a non-executive director of Greatland Gold,” said Gervaise Heddle, the chief executive officer of Greatland.

“His extensive experience in the industry will be invaluable as we step up our efforts at Havieron, where early indications from our second drill programme are extremely encouraging. The board looks forward to working with him and leveraging his senior relationships across the industry to accelerate development across all areas of the business,” he added.

The shares rose to 1.11p from 1.045p on the day the appointment was announced.

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