TNG Limited (ASX:TNG) has appointed experienced mining executive John Elkington as non-executive director and chairman of TNG to build the depth of its team ahead of the Mount Peake Project development.
The appointment has taken effect from February 1, 2019 with Rex Turkington having stepped down as interim chairman.
The company is in advanced financing discussions and has successfully signed three life-of-mine off-take agreements for Mount Peake, a vanadium-titanium-iron project in the Northern Territory.
Experience will be “valuable”
TNG managing director Paul Burton said: “We are delighted to have secured the services of someone of John’s experience and capability to join the board as an independent non-executive director and chairman.
“We expect that John’s experience in project evaluation, analysis and development, together with his connections in Australia and overseas, will be valuable as we move ahead with the financing and development of Mount Peake.
“I am confident that John will provide strong, clear and focused board leadership for the company.”
Horizon Power director
Elkington is a highly experienced Australian mining executive and company director with previous roles including general manager mining corporate services for Snowden in Perth.
Before that he was the UK and Europe, Middle-East & Africa general manager for Snowden, where he was responsible for expanding the technical offering of the office throughout Europe.
Prior to working with Snowden, Elkington was a director and sat on the audit and risk management committee at Horizon Power, a vertically integrated power corporation.
Chair of Mid West Port Authority
He is currently chair of the Mid West Port Authority, which operates the busy regional port of Geraldton in WA.
Earlier in his career he was the managing director of an ASX listed company where he brought four mines into operation from exploration to production.
He has also owned and operated a number of analytical and metallurgical laboratories in WA and has listed a finance company on the ASX.
- Jessica Cummins