Scotgold Resources Limited (AIM:SGZ) has announced board changes that include the appointment of Sean Duffy as its new chief financial officer and Evan Spencer as non-executive director.
The company, in a statement, said that the appointments further develop its leadership team formed to deliver on long-term strategy and near-term objectives to optimise the Cononish project, Scotland's first commercial gold mine, up to a 23,500 ounce per year run-rate.
Former chief executive Phillip Jackson and fellow director Richard Gray will stand down from the board with immediate effect.
"I want to thank both Richard and Phillip for their long distinguished service to Scotgold.
“We are delighted to welcome Sean and Evan to the board, they bring a wealth of experience in terms of financial, operational and market expertise and are ideally placed to help us deliver on our short and mid-long-term objectives."