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Kaiser Reef Ltd ( (AU:KAU) ) has provided an announcement.
Kaiser Reef Ltd has announced a change in leadership with the resignation of Jonathan Downes as Managing Director, who has been instrumental in transforming the company into a profitable gold producer. Brad Valiukas, with over 25 years of experience in the mining sector, has been appointed as the new Managing Director. This leadership change marks a new phase of growth and production for Kaiser Reef, with expectations of enhanced operational performance and continued exploration in Victoria and Tasmania.
More about Kaiser Reef Ltd
Kaiser Reef Ltd is a profitable, ASX-listed gold producer and exploration company with operations in the Eastern States of Australia. It owns and operates the Henty Gold Mine in Tasmania, which includes underground operations and a processing plant, as well as the Maldon Gold Project in Victoria, which features multiple historical underground mines and a processing plant. The company is also transitioning the A1 Gold Mine in Victoria to care and maintenance.
Average Trading Volume: 2,587,163
Technical Sentiment Signal: Buy
Current Market Cap: A$160.3M
Learn more about KAU stock on TipRanks’ Stock Analysis page.