Appointment of non-executive directors & Board restructure
- Appointment of Mr Michael Hulmes as a Non-Executive Director, who is a mining engineer
with over 30 years experience, most of which was in underground copper and gold mine
development and operations.
- Appointment of Mr Julito (Sarge) Sarmiento as a Non-Executive Director, an experienced
Philippine lawyer with over 30 years specialising in mining, environment, social license,
indigenous peoples, renewable energy, government relations and who has established
close relationships with civil society, Church and local communities.
- Mr Martin Buckingham agrees to assume the role as Executive Chairman.
Celsius Resources, in anticipation of a positive Scoping Study, due for release shortly, is pleased to announce the appointment of Mr. Michael Hulmes and Mr. Julito Sarmiento as Non-Executive Directors of the Company, together with Mr Martin Buckingham assuming the role of Executive Chairman, effective 9 November 2021.
Mr Hulmes is a mining engineer by profession with over 35 years experience in base metal and gold mines in Australia, Papua New Guinea, Portugal, Spain, China, South Africa, Tanzania, Brazil, US and UK. His career has substantially involved the development and operation of underground mines. These have been mainly modern mechanised operations, employing a variety of mining methods, in a range of geological settings.
Mr. Sarmiento, a Philippine national and resident, admitted to the Philippine Bar and New York State Bar, has 30 years’ experience as a lawyer in mining, environment, social license, renewable energy, and government relations in the Philippines.
He is a strong advocate for the sustainable development and social transformation of local communities, particularly of indigenous cultural communities in resource-dependent industries. He has excellent relationship with the Balatoc indigenous cultural community as host community of Makilala Mining Corporation for the Maalinao-Caigutan-Biyog (MCB) Project in Kalinga Province, Northern Luzon. He also played a key role in the successful operations of several significant mining companies throughout the country. He led the acquisition by Glencore of the Philippine Associated Smelting and Refining (PASAR) Corporation in Leyte Province, Visayas, where he subsequently served as Board Director, Vice President and General Counsel.
In addition, Mr Martin Buckingham has agreed to move from Non-Executive to Executive Chairman, in recognition of the increased workload relating to the proposed development of the MCB Copper-Gold Project, which will allow the Company to more fully benefit from Mr Buckingham’s 25 years operating experience in the Philippines, in particular that of the Carmen Copper Project, owned and operated by the Philippines largest Copper producer, Atlas Consolidated Mining and Development Corporation, where Mr Buckingham has been a Director for over 20 years.
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