Mount Gibson Iron (ASX:MGX) has appointed a new CEO.
Peter Kerr will succeed long serving CEO Jim Beyer.
After seven years in the role, Mr Beyer has tendered his resignation to pursue another opportunity in the resources industry and will leave the company at the end of this month.
Mount Gibson has consolidated its position as Australia’s leading mid-tier iron ore producer and is on track to commence sales from the high grade Koolan Island mine in the March quarter of 2019.
Mr Kerr has been Chief Financial Officer of Mount Gibson since September 2012.
Shares in Mount Gibson Iron (ASX:MGX) closed flat yesterday at 49 cents.