Ramelius Resources has announced that long-standing chief operating officer (COO) Duncan Coutts will step down from his role to pursue other opportunities.
Coutts joined the company in February 2016 and will remain with Ramelius until early December to support the transition.
The company has appointed Peter Ganza as acting COO, ensuring operational continuity as several key projects and studies progress.
Ganza joined Ramelius recently, bringing extensive operational and project management experience from roles at Karora, Northern Star, Saracen, and Gold Fields.
Ramelius managing director Mark Zeptner thanked Coutts for his significant contributions over his tenure.
“Duncan has played a key role in both the operational performance and growth of the company over almost nine years,” Zeptner said. “He was instrumental in managing the dynamic business that has been built at Ramelius, and we are highly appreciative of his contribution.
“He leaves the company with our collective best wishes.”
Zeptner also welcomed Ganza, highlighting his experience and the smooth transition it has facilitated.
“We welcome Peter to the team, noting his operational and project management experience … has allowed for a seamless transition,” he said.
Ramelius confirmed that the search for a permanent COO is nearing completion, with an announcement expected in due course.
In other recent news at Ramelius, the company has made substantial advancements in exploration, particularly at the Eridanus site within its flagship Mt Magnet project in Western Australia.
Notable drill results included 18m at 9.53 grams per tonne gold (g/t) from 42m and 4.6m at 48.3g/t gold from 67.5m.
Exploration at other key sites such as Lena at Cue and Crescent-Kopai at the Rebecca-Roe project also delivered high-grade intercepts, reinforcing the company’s robust exploration pipeline.
The Eridanus deposit is being primed for a new open-pit production target ranging from 12 to 16 million tonnes at 1.2–1.6g/t, yielding an anticipated 575,000–775,000 ounces of gold.
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