Click here to close now.

SYS-CON MEDIA Authors: Carmen Gonzalez, Liz McMillan, Jon McNeill, Elizabeth White, Pat Romanski

News Feed Item

Asanko Gold Appoints Colin Steyn as Chairman

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/03/14 -- Asanko Gold ("Asanko") (TSX: AKG)(NYSE MKT: AKG) is pleased to announce the appointment of Colin Steyn as Chairman of the Board of Directors following the first meeting of the newly constituted Board post the successful acquisition of PMI Gold. The other members of the Board are Peter Breese (President and CEO), Peter Bradford, Gordon Fretwell, Marcel de Groot, Michael Price and Shawn Wallace.

Colin Steyn has over 30 years experience in the resources sector with particular expertise in developing mines in Southern Africa. During his career, Colin was one of the original founders of TSX-listed LionOre Mining and subsequently President and CEO, building the Company into a major international mining house prior to its acquisition by Norilsk Nickel International in 2007 for US$6.7 billion. He was also Executive Director in charge of metallurgical operations in Zimbabwe for Rio Tinto. More recently, he was a Non-Executive Director of Mantra Resources, until its US$1 billion acquisition by ARMZ Uranium Holding Co. ("ARMZ"), the 51.4% shareholder in Uranium One in 2011. Mr Steyn is also Chairman of TSX-Listed Coalspur Mines.

Asanko's President and CEO, Peter Breese, commented: "As we prepare for the start of Phase 1 construction at our flagship Asanko Gold Mine, we are pleased that Colin has agreed to accept the role of Chairman, bringing his experience and wisdom to guide the Company through this critical phase of growth on our way to achieving our vision of becoming a mid-tier gold mining company. Our Board has a well-rounded set of skills and experience in building and operating mines from a technical, legal, financial and corporate governance perspective".


Board Biographies
---------------------------------------------------
Peter Breese, Director, President & CEO
Mr Breese has over 25 years of operational experience in the global mining
industry, predominantly in southern Africa & Australia. Prior to joining
Asanko, he was most recently CEO of Mantra Resources, before its US$1
billion acquisition by ARMZ in 2011 and Chief Executive of Norilsk
International, following its acquisition of LionOre Mining in 2007, where he
was COO. Mr Breese is also a Director of Coalspur Mines.

Peter Bradford, Director
Mr Bradford has over 35 years experience in gold and base metals operations
across Africa and Australia. Most recently, he was CEO of PMI Gold before
its acquisition by Asanko Gold. Mr Bradford, a Mining Engineer, has
extensive experience in Ghana as the CEO of Golden Star Resources from 1999
to 2007 as well as being a past President of the Ghanaian Chamber of Mines.
During his long career, he has also been CEO of Copperbelt Minerals, as well
as a Director of Kula Gold and Anvil Mining. He is a Fellow of the
Australasian Institute of Mining & Metallurgy and a Member of the Society
for Mining Metallurgy & Exploration.

Gordon Fretwell, Director
Mr Fretwell has been a lawyer for over 25 years, providing corporate finance
and securities law advice to publicly traded companies and to private
companies proposing to go public. He is a Director of various public
companies in the resource sector, including Northern Dynasty Minerals, Curis
Resources and Coro Mining. Mr. Fretwell has extensive experience as a member
and chairman of corporate committees including audit, nominating and
corporate governance, compensation and special committees. He holds a B.
Comm and Bachelor of Laws degree.

Marcel de Groot, Director
Mr de Groot is a co-founder and president of Pathway Capital, a Vancouver
based venture capital company that has played a significant role in the
organization and development of a number of mining companies, including Peru
Copper (acquired by Chinalco in 2007), Lowell Copper and CIC Resources. Mr.
de Groot is a co-founder and former chairman of Luna Gold and was a director
of Underworld Resources until its acquisition by Kinross. He is also a
Director of Sandstorm Metals and Energy.

Michael Price, Director
Mr Price has over 35 years experience in mining and mining finance. He is
currently a Non-Executive Director of Eldorado Gold, Forbes & Manhattan Coal
and Central Asia Metals. During his career, he has held senior positions at
Barclays Capital, Societe General & NM Rothschild and Sons. Has also advised
Lubel Coal, First Nickel, Riversdale Mining, Goldbelt Resources and Cluff
Gold.

Shawn Wallace, Director
Mr Wallace has over 20 years experience in building a number of high-quality
mineral exploration, development and production stage companies. He is one
of the founders of Asanko Gold and previously Chairman. Mr Wallace is
currently President & CEO of Auryn Resources, Chairman and Director of
Cayden Resources and a Director of Stratton Resources.

For further information please visit www.asanko.com

About Asanko Gold Inc.

Asanko's vision is to become a mid-tier gold mining company that maximizes value for all its stakeholders. Asanko's flagship project is the fully financed, multi-million ounce Asanko Gold Mine Project located in Ghana, West Africa.

Asanko is managed by highly skilled and successful technical, operational and financial professionals. The Company is strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and neighbouring communities.

Contacts:
Alex Buck, Manager - Investor Relations
Telephone: +44-7932-740-452
Email: [email protected]

Greg McCunn, Chief Financial Officer
Telephone: +1-778-729-0604
Email: [email protected]

General enquiries:
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Dale Kim is the Director of Industry Solutions at MapR. His background includes a variety of technical and management roles at information technology companies. While his experience includes work with relational databases, much of his career pertains to non-relational data in the areas of search, content management, and NoSQL, and includes senior roles in technical marketing, sales engineering, and support engineering. Dale holds an MBA from Santa Clara University, and a BA in Computer Science f...
Wearable devices have come of age. The primary applications of wearables so far have been "the Quantified Self" or the tracking of one's fitness and health status. We propose the evolution of wearables into social and emotional communication devices. Our BE(tm) sensor uses light to visualize the skin conductance response. Our sensors are very inexpensive and can be massively distributed to audiences or groups of any size, in order to gauge reactions to performances, video, or any kind of present...
Even as cloud and managed services grow increasingly central to business strategy and performance, challenges remain. The biggest sticking point for companies seeking to capitalize on the cloud is data security. Keeping data safe is an issue in any computing environment, and it has been a focus since the earliest days of the cloud revolution. Understandably so: a lot can go wrong when you allow valuable information to live outside the firewall. Recent revelations about government snooping, along...
The cloud is now a fact of life but generating recurring revenues that are driven by solutions and services on a consumption model have been hard to implement, until now. In their session at 16th Cloud Expo, Ermanno Bonifazi, CEO & Founder of Solgenia, and Ian Khan, Global Strategic Positioning & Brand Manager at Solgenia, will discuss how a top European telco has leveraged the innovative recurring revenue generating capability of the consumption cloud to enable a unique cloud monetization mod...
FedRAMP is mandatory for government cloud deployments and businesses need to comply in order to provide services for federal engagements. In his session at 16th Cloud Expo, Abel Sussman, Director for Coalfire Public Sector practice, will review the Federal Risk and Authorization Management Program (FedRAMP) process and provide advice on overcoming common compliance obstacles.
Red Hat has launched the Red Hat Cloud Innovation Practice, a new global team of experts that will assist companies with more quickly on-ramping to the cloud. They will do this by providing solutions and services such as validated designs with reference architectures and agile methodology consulting, training, and support. The Red Hat Cloud Innovation Practice is born out of the integration of technology and engineering expertise gained through the company’s 2014 acquisitions of leading Ceph s...
Are your applications getting in the way of your business strategy? It’s time to rethink your IT approach. In his session at 16th Cloud Expo, Madhukar Kumar, Vice President, Product Management at Liaison Technologies, will discuss a new data-centric approach to IT that allows your data, not applications, to inform business strategy. By moving away from an application-centric IT model where data integration and analysis are subservient to the constraints of applications, your organization will b...
As organizations shift toward IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection &E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his session at 16th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Partnerships, will disc...
Cloud data governance was previously an avoided function when cloud deployments were relatively small. With the rapid adoption in public cloud – both rogue and sanctioned, it’s not uncommon to find regulated data dumped into public cloud and unprotected. This is why enterprises and cloud providers alike need to embrace a cloud data governance function and map policies, processes and technology controls accordingly. In her session at 15th Cloud Expo, Evelyn de Souza, Data Privacy and Compliance...
Analytics is the foundation of smart data and now, with the ability to run Hadoop directly on smart storage systems like Cloudian HyperStore, enterprises will gain huge business advantages in terms of scalability, efficiency and cost savings as they move closer to realizing the potential of the Internet of Things. In his session at 16th Cloud Expo, Paul Turner, technology evangelist and CMO at Cloudian, Inc., will discuss the revolutionary notion that the storage world is transitioning from me...
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
The essence of cloud computing is that all consumable IT resources are delivered as services. In his session at 15th Cloud Expo, Yung Chou, Technology Evangelist at Microsoft, will demonstrate the concepts and implementations of two important cloud computing deliveries: Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). He will discuss from business and technical viewpoints what exactly they are, why we care, how they are different and in what ways, and the strategies for IT ...
Cloud data governance was previously an avoided function when cloud deployments were relatively small. With the rapid adoption in public cloud – both rogue and sanctioned, it’s not uncommon to find regulated data dumped into public cloud and unprotected. This is why enterprises and cloud providers alike need to embrace a cloud data governance function and map policies, processes and technology controls accordingly. In her session at 15th Cloud Expo, Evelyn de Souza, Data Privacy and Compliance...
Roberto Medrano, Executive Vice President at SOA Software, had reached 30,000 page views on his home page - http://RobertoMedrano.SYS-CON.com/ - on the SYS-CON family of online magazines, which includes Cloud Computing Journal, Internet of Things Journal, Big Data Journal, and SOA World Magazine. He is a recognized executive in the information technology fields of SOA, internet security, governance, and compliance. He has extensive experience with both start-ups and large companies, having been ...
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, will analyze a range of cloud offerings (IaaS, PaaS, SaaS) and discuss the benefits/challenges of migrating to each of...