Australia Stock Exchange-listed mining and exploration junior, Prospect Resources, has appointed Mr. Ian Goldberg to the Prospect Board as Executive Director of Finance and to lead its Australia offices. Managing Director and CEO Sam Hosack will now be based in Zimbabwe, Prospect Non-Executive Chairman Mark Wheatley announced.
By Rudairo Mapuranga
According to Wheatley, Goldberg, who has been Prospect’s Chief Financial Officer (CFO) and Joint Company Secretary since February 2021, will become Prospect’s Executive Director of Finance effective from 8 July 2024.
Wheatley said Goldberg played a crucial role in the advancement of the Arcadia Lithium Project (Arcadia), particularly during the strategic financing process.
“Supported by Ian’s guidance and expertise, Arcadia was successfully sold to Zhejiang Huayou Cobalt in April 2022 for US$378 million in cash,” Prospect said.
Goldberg is a Chartered Accountant (CA) with more than 20 years of senior finance and commercial mining experience. He has previously served as CFO in operating mining businesses across Africa and Australia, leading several mining projects through the securement of project financing and development into profitable commercial operations.
According to Wheatley, Goldberg will head up the Perth office, and his role has been expanded to include corporate development. David Broomfield, Corporate Development Manager, will now report directly to him.
Wheatley also stated that Prospect MD and CEO Sam Hosack is now permanently based in Zimbabwe to concentrate on their African projects.
“The Company also wishes to advise that Sam Hosack, MD and CEO, is now permanently based in Zimbabwe. This will allow Sam to concentrate on the Company’s African activities with a key focus on the newly acquired flagship asset, the Mumbezhi Copper Project, located in the world-class Zambian Copperbelt,” the company said.
Commenting on the appointments, Wheatley added:
“It is a pleasure to welcome Ian to the Prospect Board. Ian has been a key member of Prospect’s senior management team for over 3 years now. During this period, he has been instrumental in delivering outstanding outcomes, including the successful sale of Arcadia and expansion of our exploration and development asset portfolio.
“With Sam now permanently based in Zimbabwe, Ian’s appointment and expanded role bring greater efficiency to the delivery of corporate services across the company. With all historical drill data now validated and drilling at Mumbezhi set to commence shortly, we are excited to bring the full weight of our team’s capabilities towards rapidly advancing this huge opportunity.”