Kingsgate Consolidated (ASX:KCN) has appointed Ms Nucharee Sailasuta as a Non-Executive Director and Jamie Gibson as Managing Director and Acting Chief Executive Officer.
Ms Sailasuta has extensive experience in mining operations in Thailand and neighbouring countries, and Mr Gibson has experience in corporate strategy, investor, media, and government relations.
Kingsgate Consolidated says they both have strong relationships with the Thai Government and community leaders, and are expected to help ensure the success of the Chatree Gold Mine.
Following the announcement, shares of Kingsgate Consolidated (ASX:KCN) were down 4%.