Weatherly International Plc (WTI.L), a Copper Ore Mining company, Wednesday said Craig Thomas has been appointed as Chief Executive Officer and has joined the Board of Directors.
He succeeds Rod Webster, who has retired as CEO of the company. He will continue to work with the Company as a Director in a development role.
Thomas joined the firm as COO in 2010 and has been an integral part of Weatherly's development.
John Bryant, Chairman, said, "We thank Rod for his commitment to the Company, bringing it to its current stage of development as a copper producer with strong foundations for growth."
In addition, the company announced that Krzysztof Szymczak, Managing Director of Logiman (Pty) Ltd, and Raymond Jenner, Portfolio Director of Orion Resource Partners (USA) LP, have joined the Board of Weatherly.
Thomas said, "We have a new management team focused on ramping Tschudi production to a rate of 17,000 tonnes per annum before the end of this calendar year. As the Company moves forward, we will build upon Tschudi as a foundation, and maximise shareholder value from the rest of our portfolio."
In London, Weatherly shares were gaining 2.86 percent to trade at 1.08 pence.
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