AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
_02_05_2025_05_53_40_418159.jpg)
Highlights
Kingsrose Mining appoints acting CEO after MD resignation
Terry Holohan brings four decades of global mining experience
Focus remains on Scandinavian assets and strategic partnerships
Kingsrose Mining Ltd (ASX:KRM), listed on the ASX 300, has announced a significant leadership change with the immediate resignation of Managing Director Fabian Baker. In response, the company has appointed Terry Holohan as interim Chief Executive Officer under a consulting contract, effective for a six-month period.
The transition comes as Kingsrose continues to evolve its exploration strategy across key European jurisdictions, where it is advancing projects aligned with clean energy objectives.
Holohan Brings Global Mining Experience to the Role
Holohan, a qualified metallurgist with extensive mining industry expertise, steps into the interim leadership role with a resume spanning exploration, production, and corporate development across multiple commodities. His experience includes work with gold, nickel, copper, and platinum group metals. He also has a background in acquisitions, public listings, and project financing.
The board views his appointment as a continuation of Kingsrose’s strategy to build a resilient and forward-focused leadership structure during a time of transformation.
Baker Recognised for Strategic Milestones in Company Evolution
Outgoing MD Fabian Baker is credited with guiding the company through several key milestones, including its operational exit from Indonesia and the expansion of its project base in Finland and Norway. Under his leadership, Kingsrose also established a partnership with BHP (ASX:BHP), enhancing its credibility and technical support.
Chairman Mike Andrews acknowledged Baker’s contributions in laying the groundwork for the company’s next growth phase, particularly in identifying and progressing early-stage projects in stable mining jurisdictions.
Scandinavian Portfolio and Strategic Reviews Continue
Kingsrose remains focused on exploration and early-stage development opportunities, with attention currently directed toward gold projects at feasibility or near-production stages. These efforts are concentrated in regions known for transparent regulation and mining-friendly policies, aligning with the company’s goal to support a clean energy transition.
The company’s strategic evaluation of new assets is ongoing, and the interim leadership is expected to maintain operational continuity while a permanent chief financial officer is identified.
Ongoing Direction Anchored in Clean Energy Objectives
With a portfolio geared toward critical minerals and a growing interest in clean energy applications, Kingsrose continues to position itself as a modern explorer within evolving global mining narratives. The leadership shift is part of a broader approach to streamline decision-making and sustain progress across its Scandinavian ventures.
