Komur to step down as Equinox Resources CEO, MD
The board of ASX-listed Equinox Resources has initiated a process to identify and appoint a new CEO to lead the company into its next phase of growth, with current CEO and MD Zac Komur to step down with effect from November 6.
Komur will, however, continue to serve as nonexecutive director.
“On behalf of the board, I thank Zac for his leadership and contribution over the past few years. Under his stewardship, Equinox successfully defined a world-scale direct-shipping-ore resource at Hamersley and advanced the project through heritage approvals. Hamersley remains the cornerstone of our business and we are committed to progressing this high-quality asset toward development.
"At the same time, we will actively pursue new project generation opportunities, seek strategic partnership opportunities in Brazil, and explore other avenues to grow Equinox. The company remains focused on creating long-term value through disciplined exploration, project development and strategic growth initiatives. We look forward to appointing a CEO who will continue to drive Equinox into this exciting new phase," comments Equinox chairperson Agha Shahzad Pervez.
The company's Hamersley project is located in Australia, while it also owns an antimony project in Canada and a titanium project in Brazil.
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