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July 2017

MODERN MINING

9

MINING News

Bell implements CEO succession plans

Bell Equipment’s board of directors has

announced the appointment of the com-

pany’s Chief Operational Officer and

Executive Director, Leon Goosen, as Chief

Executive Officer designate to succeed

Gary Bell upon his planned retirement.

The appointment follows an extensive

internal, local and international search

process by an external service provider to

identify candidates, who were assessed by

a sub-committee of the board.

Goosen, aged 45, was a partner at

Deloitte & Touche in South Africa and

Namibia prior to joining Bell in 2007. He

has held the position of Executive Director

since January 2009 and has been COO

since December 2014.

Bell Equipment Limited’s Chairman,

John Barton, said: “We are delighted to

be able to appoint at the helm of Bell

Equipment a successor of Leon’s calibre. As

Chief Operating Officer, Leon has worked

very closely with the Board and Gary over

the past eight years, and has made a con-

siderable contribution to the strategic

direction of the group.

“By announcing the successor now, we

will have the benefit of a smooth handover

in the Chief Executive’s office during the

transition period. My board colleagues join

me in wishing Leon every success during

this transition phase and in his new role as

Chief Executive of Bell Equipment Limited.”

Bell’s Chief Executive Officer, Gary Bell,

added:“In the past years Leon has stepped

up to his operational role and his knowl-

edge and understanding of what is a very

complex business has developed particu-

larly well, and the executive team at Bell is

very supportive of his appointment.

“I take this opportunity to congratulate

Leon on his appointment and I have every

confidence that he will lead the business

to greater heights in the years ahead as we

roll out our agreed plans.

“In an effort to ensure a smooth transi-

tion and retain the Bell family linkages, it

is envisaged that I will continue to play a

meaningful role on the Board and, along

with Ashley Bell’s presence on the Board,

we can steer the business and retain the

all-important family culture and sentiment

that is core to the Bell business today.”

Leon Goosen, CEO designate of Bell Equipment.

GSR reports on Prestea Underground drilling

Golden Star Resources (GSR) has reported

results from 14 diamond drill (DD) holes

from the 2017 in-fill drilling programme

at its Prestea underground gold mine

(Prestea Underground) in Ghana.

The focus of this programme was

to further define the West Reef ore

body, where Prestea Underground’s

high-grade mineral reserves (1,09 Mt at

13,93 g/t of gold (Au) are located.

The 14 DD holes comprised 2 323 m

of drilling and were drilled from within

Prestea Underground’s workings.

Significant intercepts included: 1,1 m

grading 75,7 g/t Au from 147,0 m in hole

WR17-24-274S05A; and 3,2 m grading

14,4 g/t Au from 146,8 m in hole WR17-

24-274S04A, including 0,9 m grading

39,5 g/t Au from 146,8 m.

These results confirm the previously

modelled high-grade nature, strong

continuity of gold mineralisation and

thickness of theWest Reef orebody (aver-

aging 1,5 m). Assay results for five holes

are pending and a further three holes

remain to be drilled in the 2017 Prestea

Underground in-fill drilling programme

– all remaining results are expected dur-

ing the third quarter of 2017.

GSR operates both the Prestea and

Wassa mines in Ghana, which together

produced approximately 194 000 ounces

in 2016. Both are developing under-

ground operations. Wassa Underground

is in its ramp-up phase while Prestea

Underground is expected to enter com-

mercial production during the third

quarter of this year.

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