Trans-Siberian Gold plc (TSG.LN) announces the appointment of Mr. Eugene Antonov as Chief Operating Officer of the Company's wholly owned subsidiary Trans-Siberian Gold Management LLC ("TSGM"), with immediate effect.
Mr. Antonov has more than 20 years of experience in the mining industry, mainly in managerial positions with responsibility for mine site operations and finance. In his previous appointments, he has established a track record of leading change, financial management and harnessing technology to drive operational efficiencies. Most recently he was an integral part of the leadership team at the Kupol Mine in Far East Russia which generated the largest annual cash flow and achieved the lowest operating cost across Kinross Gold Corporation ("Kinross").
Prior to joining TSGM, Mr. Antonov spent 11 years at Kinross where latterly he was a Director of Commercial and Supply Chain Management Operations. He was responsible for directing the implementation of policies and procedures for adherence to Kinross's and regulatory standards incorporating CSR, HR, life of mine plans, strategic business plans and annual budgets as well as the coordination of in-country logistical, operational and informational requirements. Between 1999 and 2007, he was employed at Bema Gold Corporation in Canada in various executive finance roles, including Director of Finance, until its acquisition by Kinross. His previous experience includes managerial positions at Teck in Canada.
Mr. Antonov, aged 44, is a graduate of Pace University in New York and holds a MBA awarded by the Rotman School of Management in Toronto. Mr Antonov is also a member of the Chartered Professional Accountants in Canada.
Alexander Dorogov, Chief Executive Officer of TSG, commented:
"The appointment of Eugene is another step forward in enhancing the leadership of our operational team. He has significant experience of ensuring the effective use of human, financial and operational resources to achieve corporate objectives. His achievements at the Kupol Mine are noteworthy and we are very pleased to welcome him to our business".
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TSG is focused on low cost, high grade mining operations and stable gold production from its 100% owned Asacha Gold Mine in Far East Russia.
Additional information is available from the Company's website: www.trans-siberiangold.com
Market Abuse Disclosure
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