TSG Trans-siberian Gold Plc

TIDMTSG

RNS Number : 4361C

Trans-Siberian Gold PLC

17 June 2019

17 June 2019

Trans-Siberian Gold plc

("TSG", the "Company" or the "Group")

Senior Management Appointment

Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Russia, is pleased to announce the appointment of Evgeny Volkov as Mine Manager of the Asacha mine in South Kamchatka, with immediate effect.

Mr Volkov has over 20 years of experience working in the mining industry, most recently as Mine Director at Nordgold's Zun-Khloba mine in Republic of Buryatiya, where Evgeny was responsible for developing and implementing the underground mining strategy, geotechnical control and mine production, people management and budget planning, amongst others. Prior to that, Mr Volkov spent eighteen years working at the iron ore subsidiary of Evraz, lately as Chief Engineer and Technical Director.

Mr Volkov, aged 42, holds a degree in Mining Engineering (Underground) and a degree in Mineral Processing Technology Engineering from the Siberian State Industrial University.

Alexander Dorogov, Chief Executive Officer of TSG, commented:

"We are delighted to announce Evgeny's appointment as Mine Manager of our flagship Asacha asset. Having worked for a number of large scale and highly regarded mining companies, Evgeny brings with him a strong track record of operational and health and safety best practise. We look forward to working with him and continuing to exploit the exciting opportunity that Asacha presents.

ENDS

 
 Contacts: 
 
 TSG 
 Stewart Dickson                                   +44 (0) 7799 694195 
 Arden Partners plc 
 Paul Shackleton (Corporate Finance) 
  Tim Dainton / Fraser Marshall (Equity Sales)    +44 (0) 207 894 7000 
 Hudson Sandler (Financial PR)                    +44 (0) 207 796 4133 
 Charlie Jack / Katerina Parker 
 

About TSG

TSG is focused on low cost, high grade mining operations and stable gold production from its 100% owned Asacha Gold Mine in Far East Russia. The Group also holds the licence for the development and exploration of the Rodnikova deposit, one of the largest gold fields in South Kamchatka.

Additional information is available from the Company's website: www.trans-siberiangold.com

Market Abuse Regulations

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

Disclaimer

This announcement contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets, fluctuations in interest and/or exchange rates and metal prices; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCGGURAQUPBUAM

(END) Dow Jones Newswires

June 17, 2019 02:01 ET (06:01 GMT)

Grafico Azioni Trans-siberian Gold (LSE:TSG)
Storico
Da Mar 2024 a Apr 2024

Grafico Azioni Trans-siberian Gold (LSE:TSG)
Storico
Da Apr 2023 a Apr 2024