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New CEO takes the helm at critical time for $640m mine

CuDeco CEO Mark Gregory
CuDeco CEO Mark Gregory

AMR can reveal who will take the reins at a metal producer behind a $640 million project in northwest Queensland.

CuDeco recently appointed Mark Gregory (pictured left) as the company’s next chief executive officer, tasked with lifting capacity at the company’s Rocklands Copper Mine, 15km west of Cloncurry.

Gregory was chosen after an extensive recruitment process and joins the Company from his current role as CEO of Waltz Group, a privately owned infrastructure and mineral process construction group servicing the Australian resources, energy, agriculture and water infrastructure sectors.

He has more than 20 years’ management experience across a broad range of sectors, including mining services, professional services, property and media, within both publicly listed and private companies.

“The Board is delighted to have Mark join us at this critically important time for the company. He is well credentialed, with a proven track record of success in all facets of corporate governance, sales and marketing, finance, industry safety and health and human resource management. The Board believes that Mark is the right person to drive the company forward,” CuDeco interim chairman Peter Hutchison says.

Gregory’s immediate priority is returning the mine to operation after the Queensland Department of Natural Resources and Mines suspended operations because of health and safety concerns.

“I am thrilled to have been appointed to the CEO position and see this as a marvellous opportunity to take the helm of a very exciting project at a critical time,” he says.

“Rocklands is on the verge of realising the dreams of its founders, and it will be incumbent on me to guide it through the last critical stages necessary to achieve this goal. I look forward to meeting with the Rocklands team, and ensuring they are given every opportunity to make this happen for the benefit of all stakeholders.”

The project is expected to ramp-up production levels towards its anticipated capacity to process 3 million tonnes of ore per annum, delivering increased cashflow for shareholders’ benefit.

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