This addition to ASX-listed Kasbah Resources’ senior leadership is in line with its strategy of bringing the Achmmach tin project into production and supports the company’s transition from a feasibility study phase to the funding, construction and ultimately production phases of the project.
Clark was most recently MD of Wolf Minerals from 2013 to 2017 where he had responsibility for successfully financing and developing the Hemerdon tungsten and tin project in the United Kingdom.
He was previously MD of Grange Resources, Australia’s largest magnetite producer.
During his four and a half year tenure with Grange he oversaw its successful merger with Australian Bulk Minerals, completed a bankable feasibility study for Grange’s $3 billion Southdown magnetite project and grew market capitalisation from ~$200 million to ~$1 billion.
Clark holds a Mining Engineering degree (BSc Hons) from the Royal School of Mines, London, UK and a Graduate Diploma from the Securities Institute of Australia.
His prior experience also includes roles with Newmont and Normandy, for a period of eight years, following 18 years at Renison Goldfields.
At Newmont he was the group executive: operations, responsible for seven gold mines in Australian and New Zealand.
“With the appointment of Russell, Kasbah Resources has now put in place an entirely new senior management team to focus on the development of Kasbah’s Achmmach tin project in Morocco,” comments Kasbah Resources chairman, John Gooding.
“I am absolutely delighted that Kasbah Resources has attracted someone of Russell’s calibre to join as our CEO. He has demonstrated abilities to both develop and manage projects as well as to communicate effectively with the market.”
Clark says: “I am looking forward to this opportunity to lead the Kasbah Resources team to develop the Achmmach project and bring tin production to Morocco.
“We have an excellent resource, a core management team and solid cornerstone investors providing all the right building blocks for success.”
Feature image credit: Kasbah Resources