DevEx appoints Yates to board
ASX-listed DevEx Resources has bolstered its board ahead of a new growth phase, appointing well-known mining executive and geologist Matthew Yates as a nonexecutive director, effective December 1.
Yates brings 35 years of exploration and corporate experience across Australia, Africa, Central Asia and the Gulf Region. He was co-founder and executive chair of OreCorp, steering the company through to its A$280-million acquisition by Perseus Mining in 2024.
Earlier in his career, Yates played key roles in securing and developing several major African uranium projects, including Mkuju River in Tanzania, Kariba in Zambia and Mavuzi in Mozambique. He previously served as MD of OmegaCorp – acquired by Denison Mines for more than $200-million in 2007 – and joint MD of Mantra Resources, which was taken over by ARMZ for more than $1-billion in 2011. He was also a director of Fusion Resources prior to its acquisition by Paladin Energy.
Yates spent nearly a decade in the WA Goldfields leading exploration at the Nimary–Jundee operations and has since guided teams exploring for uranium, gold, mineral sands and base metals globally. He currently chairs Solstice Minerals, the spin-out of OreCorp’s WA exploration portfolio.
He will join DevEx’s refreshed board alongside newly appointed MD Marnie Finlayson, chair Tim Goyder and technical director Brendan Bradley.
Goyder said Yates’ track record across mergers and acquisition, company building and capital raising made him a valuable addition as DevEx advances its exploration and development portfolio.
“Matt has repeatedly built companies from the generative stage into highly successful organisations, creating significant shareholder value in the process,” Goyder said. “His skills, experience and leadership are exactly what we need at this point in our growth trajectory.”
DevEx expects the strengthened board to support its expanded growth strategy across its high-quality asset base.
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