Who is Shane Turner? Akora's new CFO and Company Secretary
Akora Resources Appoints Seasoned Mining Executive as CFO and Company Secretary
Akora Resources Limited (ASX: AKO) has taken a significant step in bolstering its leadership team, appointing Mr. Shane Turner as Chief Financial Officer (CFO) and Company Secretary. The appointment, effective from January 1, 2024, brings an experienced mining company executive with a wealth of financial acumen to the helm.
A Highly Experienced Chartered Accountant
Mr. Shane Turner is a Chartered Accountant with an impressive career spanning over 35 years, marked by notable achievements and contributions to the mining industry. His extensive background in accounting and finance has equipped him with the skills and knowledge necessary to excel in his new roles at Akora Resources.
Proven Track Record in the Mining Sector
Mr.
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Turner's journey in the mining industry has been nothing short of remarkable. His association with Mozambique-focused heavy mineral sands company MRG Metals Ltd (ASX: MRQ) dates back to 2011. Over the years, he has donned various key positions within MRG Metals, including serving as a Non-Executive Director, Company Secretary (Co Sec), and CFO. This multifaceted experience has provided Mr. Turner with deep insights into the nuances and intricacies of the mining sector.
Additionally, he has been instrumental in the success of White Rock Minerals Ltd (ASX: WRM) since 2016, holding the dual roles of Co Sec and CFO.
Seamless Transition from Outgoing CFO
The appointment of Mr. Turner comes on the heels of the retirement announcement of the outgoing CFO, Mr. John Madden, which was made public in August. Mr. Madden's unwavering commitment to Akora Resources will continue until the completion of the company's 2023 year-end accounts and Annual Report in early 2024. Akora Resources expresses its deep appreciation for Mr. Madden's invaluable contributions and guidance since the company's inception in 2009.
A Positive Outlook for Akora Resources
Akora Resources is poised for a dynamic future with the addition of Mr. Shane Turner to its leadership team. As the company advances its high-grade iron ore projects in Madagascar, Mr. Turner's financial expertise, honed over decades in the mining industry, is expected to be a significant asset.
Akora Resources is actively engaged in the exploration and development of multiple iron ore prospects in Madagascar. Among these, the Bekisopa Iron Ore Project stands out with an approximate 6-kilometer strike length and a substantial Inferred Resource of 194. 7 million tonnes. This high-grade project offers the potential to produce premium-grade iron concentrate, ideally suited for Direct Reduced Iron pellets, a vital component for sustainable and environmentally friendly steel production.
With Mr. Shane Turner taking the reins as CFO and Company Secretary, Akora Resources is positioned for a promising future, underpinned by his extensive experience and expertise in the African mining landscape.
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