Acacia Mining Hires Mark Morcombe as Chief Operating Officer
February 25 2016 - 3:50AM
Dow Jones News
By Alex MacDonald
LONDON--Acacia Mining (ACA.LN), Tanzania's largest gold miner,
said Thursday it has hired Mark Morcombe as its chief operating
officer following the departure of Michelle Ash in November.
Mr. Morcombe was previously senior vice-president at AngloGold
Ashanti Ltd. (ANG.JO) where he was involved in the turnaround of
the troubled Obuasi gold mine in Ghana, a position he held since
September 2012.
Mr. Morcombe is a professional mining engineer with more than 20
years of gold industry experience, primarily in underground mining
and has operated across the African continent for a number of
years.
Prior to his role at Obuasi, Mr. Morcombe was senior
vice-president of Planning and Business Development for AngloGold
Ashanti's Continental Africa region, supporting mines in Mali,
Namibia, Tanzania, Democratic Republic of Congo, Guinea and
Ghana.
He has also held various roles in Africa with Gold Fields Ltd.
(GFI), having started his career in Australia.
"With the majority of our future gold production being sourced
from underground operations, his background in mechanised
underground mining is an ideal fit for us," said Acacia's Chief
Executive Brad Gordon.
-Write to Alex MacDonald at alex.macdonald@wsj.com
(END) Dow Jones Newswires
February 25, 2016 03:35 ET (08:35 GMT)
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