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:: OZ Minerals Appointment of New MD/CEO
OZ Minerals has today announced that Mr. Terry Burgess has agreed to accept the position of Managing Director and Chief Executive Officer. Mr. Burgess's appointment is conditional on the completion of the proposed sales of a number of OZ Minerals' assets and businesses to Minmetals. Completion of the Minmetals transaction is dependent on the receipt of remaining Chinese regulatory approvals and the approval of the transaction by OZ Minerals shareholders.
Subject to these factors, it is expected that Mr. Burgess will take up his position in early August 2009. Terry Burgess has a Bachelor of Science in metallurgy and is a Fellow of the Australasian Institute of Mining and Metallurgy. He has been Head of Business Development for the base metals business of Anglo American plc since 2005. Prior to that, he was Global Head of Metals and Mining for the investment bank ABN AMRO and, before joining ABN AMRO, was Managing Director and CEO of Delta Gold Limited and AurionGold Limited.
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