Gillard has served Perseus Mining with distinction since its incorporation as a private entity in October 2003 and will leave behind a company that has a solid asset base, capable management team and workforce, an improving balance sheet and a strong social licence to operate in West Africa – all of the ingredients necessary to create a successful West African-focused gold exploration, development and mining company.
Following Gillard’s retirement, Sean Harvey, who has served as a non-executive director of Perseus Mining since September 2009, will assume the role of non-executive chairman of the company’s board.
Harvey has extensive experience in investment banking as well as executive management experience in the resources sector and brings valuable experience to assist the company as it seeks to broaden global market awareness of its growth as a West African gold producer.
Harvey holds an Honours BA degree in Economics and Geography and an MA in Economics, both from Carleton University, an LLB from the University of Western Ontario and an MBA from the University of Toronto, and he is a member of the Law Society of Upper Canada.
Harvey currently serves as non-executive chairman of several other listed resources companies, including Victoria Gold Corporation, Serabi Gold, and Sarama Resources, and is a non- executive director of Abacus Mining and Exploration.
Perseus Mining’s incoming chairman Sean Harvey said: “I am honoured to assume the chair of Perseus Mining on 1 April 2017 and hope I will be able to guide Perseus Mining with the same sage advice and steady hand that Gillard provided all these years.
The Amara Mining transaction last year was a key milestone as Perseus Mining strives to transform into a 500 000 ozpa gold producer in West Africa within the next five years to drive shareholder returns – which the board and management are highly motivated to make happen.
As part of this transition Gillard will also scale back his roles on other boards to ensure that he spends the time and effort that the role and Perseus Mining deserves.