EHR attracts high profile diamond industry executive to join Board

22-Sep-2020 Intellasia | FTI Consulting | 9:49 AM Print This Post

EHR Resources Ltd (ASX: EHX; “EHR” or “the Company”) is pleased to announce the appointment of leading diamond industry executive Mr Kim Truter as a Non-Executive Director, with immediate effect.

Mr Truter’s appointment to the Board follows the recent strengthening of EHR’s management team (see ASX announcement dated 8 September 2020), as the Company continues to methodically develop an international portfolio of high-potential diamond projects.

Mr Truter was most recently the Chief Executive Officer of De Beers Canada from 2015 to 2019. During his tenure he led the successful completion and ramp-up to full production of the $1bn Gahcho Kué diamond project in Canada, as well as the value-adding acquisition of the former Peregrine Diamonds assets. He was also a member of the De Beers Group executive team, driving global business performance across operations, sales, and marketing.

Previously, Mr Truter served as Chief Operating Officer of Rio Tinto Diamonds, managing their global portfolio in Australia, Canada and Zimbabwe. He also served as Managing Director of Argyle Diamond Mines Pty Limited in Australia and as the President and Chief Operating Officer of Diavik Diamond Mines Inc in Canada.

Mr Truter brings over 30 years of mining experience in both surface and underground operations and largescale project development across multiple geographies. He has substantial diamond experience, providing executive global leadership in Canada, Australia and Africa; often in complex, remote and challenging operating environments. He has worked extensively with communities and governments to ensure that local benefits are sustainably established. His proven leadership capabilities include a very strong dedication to safety, productivity and financial performance improvement.

In announcing this appointment, EHR’s Chairman, Mr Stephen Dennis, said:

“I am delighted to welcome Kim to the EHR Board. His wealth of skills and experience in all facets of the diamond industry will be of enormous value as we advance our growth-focused diamond strategy, particularly as we continue to examine international M&A opportunities on operating mines and near-term development projects.”

“EHR has been carefully building its diamond portfolio, has secured funding, and now has a significantly strengthened Board and management team. This positions us ideally to pursue our strategy of acquiring and developing the world’s best diamond projects.”

This ASX announcement was authorised for release on the ASX by the Board of EHR Resources Ltd.

 


Category: FinanceAsia

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