London, England — MININGREVIEW.COM — 16 October 2009 – Diversified exploration and development company African Eagle Resources plc – dual-listed on the LSE and the JSE – has announced the appointment of Euan Worthington as non-executive chairman with immediate effect.
A statement issued here explained that John Park, who has served as African Eagle’s chairman since 1998, had informed the company of his intention to retire from this position and from the board from 14 October.
Worthington has been the deputy chairman of African Eagle since October 2006 and a board member since 2003. He is well known in the city of London, having worked in mining corporate finance and research at Hoare Govett, Shearson Lehman, SGWarburg and ABN Amro.
He has extensive experience of mining finance, and participated, as team leader or mining adviser, in numerous deals, including advising Sutton Resources in Tanzania and Falconbridge Gold in Zimbabwe.
Worthington remains chairman of DiamondCorp and a non-executive director of European Nickel.