South Australia-based Flinders Mines has appointed Ramelius Resources chief Ian Gordon as its new managing director from June, following Gary Sutherland's move to IMX Resources as managing director
Ramelius Resources will appoint chief operating officer Mark Zeptner to succeed retiring managing director Ian Gordon when he steps down in June after seven years with the gold miner.
Ramelius Resources is forging ahead with exploration and development at its newly-acquired Vivien gold deposit near Leinster, launching a $16.3 million capital raising to fund the activities.
Gold producer Ramelius Resources has flagged it is likely to record a before-tax loss of approximately $70 million for the financial year, mainly as a result of big write-downs.