SA Mines and Energy Journal : December 2010 - January 2011
DECEMBER 2010/JANUARY 2011 SA MINES & ENERGY JOURNAL 22 FEATURE Changing of the Guard Yasmin Chrisohoou looks at the many recent executive changes in the local resources sector. 2010 has been a turbulent year for the resources industry in South Australia and many recent changes in leadership are likely to provide a fresh outlook for the year ahead. Over the last six months senior executives from Stuart Petroleum, Flinders Mines, Archer Exploration, Centrex Metals and Somerton Energy Limited all changed guard -- paving the way for new industry direction. In October Tino Guglielmo announced his resignation from Stuart Petroleum after seven years with the company -- believing it was time for a renewal and to explore other interests. Iain McDougall is the current replacement as Acting Chief Executive Officer. Mr Guglielmo also demonstrated an unwavering commitment to SACOME, serving as the Vice-President of the Council, chair of SACOME'S Skills and Education Committee, and Editorial Committee member for the SA Mines & Energy Journal. A new chapter has also begun for Dr Kevin Wills who in August resigned as Managing Director from Flinders Mines. Dr Wills, the company's founder and a geologist with 36 years experience, continues to serve as a non-executive director at Flinders Exploration, with plans to pursue a career in teaching mineral exploration at the University of Adelaide. Dr Wills has also played an instrumental role as Chair of the SACOME Exploration Committee. Flinders Mines has subsequently appointed Gary Sutherland as Chief Executive Officer. Flinders Mines Chairman Robert Kennedy commented that Mr Sutherland possessed a wealth of mining expertise invaluable for the development of its Pilbara Iron Ore project in Western Australia. Before joining Flinders Mines, Mr Sutherland was employed for nine years in senior leadership roles at BHP Billiton's Olympic Dam including more than five years as General Manager. Centrex Metals also announced a change in July, with former General Manager of OneSteel's Whyalla Steelworks, Jim White, appointed as the new Managing Director. Mr White was described as "ideal" for Centrex's future plans -- with Chairman David Klingberg acknowledging that Mr White's involvement in the successful OneSteel Project Magnet iron ore export development and in government and community liaison is of particular relevance to Centrex's plans for the Eyre Peninsula. Mr White has also served as a dedicated SACOME Councillor for nine years. Archer Exploration has a new leader too, with former Centrex Metals executive Gerard Andersen confirmed as Managing Director and Chief Executive Officer. The Archer Board believes that Mr Andersen's skills will be invaluable in developing the company's Leigh Creek magnesite and Wild Horse Plains iron ore projects in South Australia -- with more than 35 years of experience in exploration and mine geology. Somerton Energy Limited also welcomes former Beach Energy Executive Director Hector Gordon as the new Managing Director. Through Mr Gordon's 14-year tenure Beach grew from a small joint venture partner into one of the largest participants in the Cooper Basin. 2011 is looking to be another action-packed year for the South Australian resources sector, with renewed leadership and exciting projects in the pipeline. Editor's note Fortunately Tino Guglielmo will remain on the SA Mines & Energy Journal committee, however we fare- well Graham Ascough this issue who is resigning from the editorial committee due to increasing commitments. I'd like to thank Mr Ascough for his assistance and dedi- cation to the Journal over the last two years. He will be replaced from our next issue by Mark McGeough, General Manager Exploration, Toro Energy. The input of our industry committee members is crucial to the quality of our publication and we highly value the time and knowledge they volunteer.