Executive changes around the mining sector

Several executive changes have occurred in the Australian mining sector this week, including new leaders at Patronus Resources and Black Cat, while True North Copper has a resignation.

Patronus Resources

Newly-named Patronus Resources has promoted experienced mining executive John Ingram, who was serving as chief operating officer, to the position of chief executive officer.

Graham Ascough has joined the board as a non-executive director, bringing more than 30 years of experience in mining, while Rowan Johnston has transitioned to non-executive chair.

“With the merger between Patronus and PNX Metals having been successfully completed and our corporate rebranding finalised, the company has well and truly embarked on its next exciting growth chapter – underpinned by a strong balance sheet and an exceptional asset portfolio,” Johnston said.

“With drilling completed recently, a new MRE (mineral resource estimate) is being prepared for the Mertondale project and exploration drilling continues in Leonora.

“Further multiple exploration and drill programs are about to begin targeting uranium, gold and base metals in the NT. With all these programs going on, Patronus is set for a very exciting period of activity and news-flow ahead.”

Black Cat Syndicate

Davide Bosio has joined Black Cat’s board as an independent, non-executive director.

The company said this is the first step in broadening and strengthening the board, with Bosio having the expertise to spearhead a corporate strategy as Black Cat joins the gold-production ranks.

Bosio’s experience includes working on the board of De Grey Mining as well as Spectrum Metals, which was ultimately acquired by Ramelius Resources. Bosio is currently a non-executive director at Yojee.

“An ability to leverage gold production and to produce high-margin revenue combined with the strength of the Black Cat balance sheet will create a unique, generational opportunity within the gold sector as Black Cat becomes a listed producer,” Bosio said.

“I am extremely excited to join Black Cat in this period of transformation and I look forward to making a significant contribution for all shareholders.”

True North

True North Copper (TNC) has announced the resignation of Craig Gouws as chief financial officer (CFO) due to personal reasons.

Managing director Bevan Jones said since joining True North in June 2024, Gouws has been a highly-valued executive.

“As managing director of TNC, I have appreciated the counsel, contribution and support that Mr. Gouws has provided,” Jones said.

“He has worked hard over this period to establish a strong financial platform for the company as we progress our copper and critical minerals assets in Queensland towards production.”

Gouws will remain at True North as a consultant on an as-needs basis as the company searches for a new CFO.

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