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Thursday, Mar 28, 2024
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.

Gold

Wesdome Gold Mines appoints Anthea Bath as new President and CEO

Her expertise spans new business development, supply chain management, business optimization, strategy formulation and marketing

Wesdome Gold Mines ups women representation in leadership roles, appoints new President and CEO2
Wesdome's Kiena mine. Photo via Wesdome.

Wesdome Gold Mines Ltd. (TSX: WDO) is increasing gender representation in the mining industry by adding a woman to its leadership roster.

The company announced Monday it has appointed Anthea Bath as the new President and CEO of the company. Board Chair and Interim CEO Warwick Morley-Jepson will continue his role as Interim CEO while Bath starts. Morley-Jepson will then continue as an Independent Board Chair.

With a wealth of experience spanning two decades in the global mining industry, Anthea Bath has carved a niche for herself in both the operational and business facets of the sector. Her expertise spans new business development, supply chain management, business optimization, strategy formulation and marketing.

“The team has done an excellent job optimizing and advancing two quality, high grade assets exclusively in Canada, and the Company is at a very exciting inflection point with the Kiena Mine on its way to full production, and corresponding cash flow benefits,” said Bath.

“Additionally, Wesdome has extremely exciting exploration potential at both assets, given their extensive land positions in what is considered to be Canada’s most prolific gold belts.”

Read more: Mining industry making strides in gender diversity, but more progress needed: S&P Global

Read more: Ex-mining exec sues Skeena Resources for termination amid sexism, toxic workplace allegations

Anthea’s most recent role was the Chief Operating Officer at Ero Copper (TSE: ERO), a position that put her in charge of the company’s four mines. These included both underground and open pit operations, as well as major shaft sinking and open pit development projects, all based in Brazil. Her strategic leadership played a significant role in propelling Ero Copper from a junior mining company to a $2 billion international mining powerhouse.

Anthea’s journey in the mining industry began with Anglo American Platinum (JSE: AMS), where she served as the Head of Market Development and Intelligence. During her tenure, she initiated and launched a private equity fund, the “PGM fund,” aimed at fostering new industry opportunities on a global scale. She was instrumental in developing multiple new product innovations from inception to commercialization, earning her the Anglo American Applaud Award for Innovation.

Wesdome Gold Mines ups women representation in leadership roles, appoints new President and CEO

Anthea Bath. Photo by Epiroc

Between 2012 and 2016, Anthea held the CEO position at Mitochondria Energy and Pentaquark Energy companies. In these roles, she was responsible for the comprehensive management of the businesses. Additionally, Anthea serves as a non-executive member of the Board of Epiroc AB, a global leader in mining equipment.

“I am confident that Anthea’s extensive technical and operational experience in the mining sector, along with her energy and enthusiasm, will result in further improvements at Wesdome as she drives strategy, oversees the functions and deliverables, and continues to enhance shareholder value,” Morley-Jepson said.

Wesdome stock went up Tuesday by 1.23 per cent on the Toronto Stock Exchange.

Gender diversity landscape in the mining industry growing but not fast enough

A recent market analysis by S&P Global Market Intelligence revealed a slow but steady closing of the gender gap in leadership roles within the metals and mining industry. Despite this progress, the call for enhanced diversity and gender inclusiveness remains urgent.

The firm’s data shows that women now hold around 12.1 per cent of C-suite positions in over 2,000 publicly traded mining companies globally. Furthermore, women constitute 14 per cent of all executive roles, marking a 1.7 per cent increase from the previous year.

 

 

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