Sydney, Australia — MININGREVIEW.COM — 1 August 2008 – AIM Resources Limited – an Australian and AIM-listed minerals company focused on major mining ventures in Africa – has appointed current CEO Scott Lowe as managing director, effective from today.
Announcing this in a letter to the Australian Securities Exchange, AIM said Bill Cash – who has been acting managing director of the company since January 2008 – will continue on the board as an executive director, and will assist Scott with the transition to his new role.
Current chairman Vic Bradley commented: “the appointment of Lowe as managing director was contemplated when he was appointed CEO in June this year. He has clearly indicated the ability to step up to the responsibilities required of the managing director. The company is fortunate to have someone with his strong operational and development background to guide it through the next stages of its development.”