New Kumul Minerals Holdings Ltd MD appointed

SARIMU Kanu has been appointed as the new managing director for Kumul Minerals Holdings Limited (KMHL).
KMHL chairman Nellie James made the announcement yesterday.
“Under the KMHL constitution, the power to appoint a managing director lies with the board,” James explained.
James said Kanu’s appointment was the outcome of an independent recruitment process undertaken by Vanguard International and the board’s decision was based on the recommendation of a transparent selection panel.
“He is a highly experienced senior national mining engineer with professional knowledge in mineral engineering, having held very senior management roles in the mining industry,” James said.
“I congratulate Mr Kanu on his appointment and welcome him on board.”
James also acknowledged Hengene Ivan for acting as MD over the past three months.
Kanu graduated from the University of Technology in 1992 and has knowledge of the mining industry spanning 29 years.
“Mr Kanu brings to the company a wealth of experience from the mining industry. His current role is country manager, PanAust, the developer of the Frieda River gold-copper molybdenum project in West Sepik.
He has also held a number of senior management roles in mining companies, including vice-president of Ramu-Nickel mine in the Madang,” James said.
“Mr Kanu as the managing director and chief adviser to Kumul Minerals is a game-changer for the company in the highly competitive and challenging mining industry, as he brings high experience and energy to the company,” James said.
She added that the appointment would enable the company to fulfil its role as the national mining company as it worked to enhance PNG’s participation in major mining projects around the country.