• PNG Business News

Mayur Resources Limited announce Tim Crossley as interim CEO

Updated: Jul 11, 2019

Mayur Resources Limited announced its appointment of Tim Crossley as the interim CEO of the company’s energy and power generation business.

The announcement was released, last Tuesday, on the Australian Stock Exchange.

Rob Neale, chairman of Mayur said: “As we continue to develop the strategy for our energy and power generation businesses in PNG, the independent members of the Mayur Resources Board voted in majority to appoint Mr Crossley to an interim CEO position.

“This new position reflects a realignment of responsibilities for the company and with Tim being a seasoned resources energy development and operational veteran.

“He will now take the lead role on an interim basis in bringing to fruition our energy and power generation endeavours in PNG.”

Mr Crossley will continue to maintain the position of executive director of Mayur Resources Ltd.

He has previously held positions of executive general manager for Carbon Steel Materials for Hancock Prospecting including the US$10 Billion Roy Hill Iron Ore mine (now producing 55 million tonnes per annum of iron ore).

He was deputy CEO Gloucester Coal, Western Australia Iron Ore president for BHP Billiton, executive general manager for BHP Billiton Groote Island manganese operation and the head of development and operations of the majority-owned BHP Billiton Central Queensland South Walker Creek Coking Coal mine (which today still remains one of the most capital cost competitive coal mines in Australia).

Mr Crossley’s appointment also coincides with the recent engagement of Bill Williams as senior energy head.

“Mr Williams is an energy sector executive with over 20 years of experience, and importantly, has extensive knowledge of power operations in PNG.

“Having negotiated a broad range of energy arrangements including with PNG Power and Kumul Petroleum this bolsters Mayur’s Power credentials in PNG,” the company stated.

Praveen Mahto executive director of Mayur Power also remains with the group.

Source: https://postcourier.com.pg/crossley-interim-ceo-mayur-power-energy-generation/

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