The Australian registered Tawana Resources has announced senior management changes in a bid to move to the next phase of the company’s development.
Tawana’s 100% owned Mofe Creek Project is a new discovery in the heart of Liberia’s historic iron ore district, located 20km from the coast and 80km from the country’s capital city and major port, Monrovia.
Chairman takes on joint role
The new Board level changes see the company’s Executive Chairman, Mr Wayne Richards, take on the additional role of CEO. He replaces Mr Matthew Bowles on Jan 1st 2015. There is no official explanation of the transfer of power except that Mr Bowles will focus on other business commitments.
In conjunction with Mr Bowles’ resignation, current Tawana Chief Financial Officer and Company Secretary, Mr Michael Naylor will accept the role as Executive Director of the Board of Tawana Resources while still functioning as the Financial Officer.
In addition, Mr Len Kolff will become Technical Director, stepping down from the role of Managing Director. Mr Kolff will remain an Executive Director of the Board of Tawana Resources and any relevant subsidiary companies.
Mofe Creek iron ore Project
Tawana Resources is an iron ore focused ASX and JSE-listed Company with its principal project in Liberia, West Africa.
The company is committed to becoming a mid-tier iron ore producer through the development of the Mofe Creek Project, which covers 285km2 of highly prospective tenements in Grand Cape Mount County.
The Project hosts high-grade, friable, itabirite mineralisation, which can be easily upgraded to a superior quality iron ore product of +60% Fe, for which there is consistent global demand.