Dundas Minerals’ founding MD hands over reins to mine development veteran
Western Australia-focused gold exploration company Dundas Minerals has appointed Jonathan Downes MD, effective October 7.
He succeeds founding MD Shane Volk who is retiring but remains available as a consultant to the board if required.
Downes brings to the position more than 30 years’ experience in the mineral and energy sector, having worked in project identification, financing and development in various capacities.
Most recently he founded and headed ASX-listed Kaiser Reef Mining, which has grown into a profitable gold production company with a market capitalisation of $180-million.
Downes is currently a director at ASX-listed Brightstar Resources, the chairperson of ASX-listed Strata Minerals and a nonexecutive director of Cazaly Resources.
Dundas chairperson Mark Chadwick says Downes has a record of value creation through the identification and advancement of exploration and mining opportunities.
“His skills and experience are sure to serve the company and its shareholders well, and the board is looking forward to working closely with him.”
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