Kingsgate appoints new CEO

Kingsgate Consolidated have appointed Greg Foulis as its new CEO.

Foulis steps in to the empty role from 1 June.

He previously worked with in investment banking and advisory, as well as at AngloGold Ashanti as a senior vice president for business development.

Kingsgate chairman Ross Smyth-Kirk welcomed Foulis to the company.

"We are pleased that Greg will bring to the role a broad range of essential skills and strategic perspectives to help maximise the value of Kingsgate's projects".

Foulis added: "I look forward to leading the Kingsgate team through the mining sector challenges, capitalising on opportunities, and continuing to build a strong and diverse precious metals company."

He steps into the role following the untimely passing away of Kingsgate's former CEO Gavin Thomas last year, after which chairman Smyth-Kirk acted in the position

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