What's Happening?
Pacgold has expanded its management team by appointing Mike Nelson as Consulting Project Director as the company prepares to restart gold production at its White Dam Gold Operation in South Australia. Nelson brings over 30 years of experience in mineral
processing and project leadership, having worked on significant projects like Barrick Mining's Reko Diq Copper-Gold Project and Teck Resources' Quebrada Blanca Phase II Copper Project. His appointment comes as Pacgold aims to leverage its recent capital raise to develop the existing mine and achieve production milestones.
Why It's Important?
The appointment of Mike Nelson is a strategic move by Pacgold to strengthen its leadership team and enhance its operational capabilities as it transitions into gold production. Nelson's extensive experience in project execution and gold processing is expected to be invaluable in achieving the company's growth strategy. The restart of gold production at White Dam is significant for Pacgold's expansion plans and could contribute to the broader gold market amid high demand for precious metals.
