Tuesday, 19 July, 2016 - 13:15
Emerald, Renaissance to merge
Two local gold hopefuls with interests in a Cambodian project have announced a merger, with Emerald Resources to buy Renaissance Minerals in a deal valued at about $40 million.
Ross Stanley
Non-Executive Director / Emerald Resources
Ross Stanley is a well-respected mining executive with extensive experience in Australian and African mining enterprises. He was the founder, majority shareholder and managing director of ASX-listed Stanley Mining Services prior to its merger with Layne Christensen in 1997. Stanley Mining was the dominant drill services provider in Ghana in the 1990s. Mr Stanley was also a major shareholder and non-executive director of Perth-based gold miner Equigold NL, which was taken over by Lihir Gold for A$1.1 billion in 2008. He remains a non-executive director of emerging Cambodian gold miner Emerald Resources NL.
