Ballarat’s Laufmann quits Lihir Gold for big Philippines copper-gold project

Richard Laufmann, the man behind the revival of the Ballarat gold field has quit’s Ballarat’s owner, Lihir Gold to run Indophil Resources which is developing the big Tampakan copper/gold project in the Philippines.

The man who led the quest to revive Victoria’s famous Ballarat goldfield, Richard Laufmann has just taken up the role of managing director of Indophil Resources NL.

Laufmann had been chief executive of Ballarat Goldfields NL which recently merged with big Papua New Guinea gold miner Lihir Gold Ltd With that merger Laufman was appointed to the role general manager of Australian operations and business development for Lihir.

He had also been a non executive director of Indophil which has the big Tampakan copper-gold project in the southern Philippines which has a 2 billion tonne deposit with a contained 11.6 Mt of copper and 14.6 million ounces gold, and has a project development joint venture with Xtrata plc and with its 34% owned Filipino associate company Sagittarius Mines Inc.

Laufmann takes over the helm from Indophil’s co-founder Tony Robins who announced his intention to retire earlier this month and will take on a part time consulting role for the company.

 

Category: ResourceAsia