Highlights
Resolute Mining (ASX:RSG) COO Geoff Montgomery steps down, remains as senior technical advisor
Gavin Harris, formerly at AngloGold Ashanti, named as new chief operating officer
Executive reshuffle follows earlier leadership changes within the company
Gold sector activity gained attention with the announcement that Resolute Mining Limited (ASX:RSG), a constituent of the ASX 100 index, has confirmed a senior executive change. The company, active in the gold production and exploration industry, has disclosed that its chief operating officer, Geoff Montgomery, is stepping down from the position. The change comes a few months after the earlier departure of the company's CEO, marking another shift in its leadership structure.
Montgomery has held the COO role since early tenure with the company and will continue to support Resolute’s operational direction in an advisory capacity. He will now transition into a senior technical advisor role, maintaining continuity during the leadership shift.
New Executive Appointed Amid Corporate Transition
Gavin Harris has been appointed as the new chief operating officer at Resolute Mining. Harris was previously the general manager at AngloGold Ashanti, a South Africa-based gold producer with extensive international operations. His appointment marks a strategic leadership move as Resolute continues to navigate operational changes across its assets.
Before joining AngloGold Ashanti, Harris held senior roles across multiple mining majors, including Barrick, BHP, and Teranga Gold. His experience spans mine management, operational strategy, and project development, aligning with Resolute’s asset profile across West Africa and other gold-rich regions.
Previous Departures and Internal Advisory Continuity
The latest announcement follows the earlier resignation of Resolute’s former CEO, Terry Holohan. With the current COO now moving into a technical advisory position, the company has indicated continuity in operational support during this executive handover. This arrangement aims to ensure that operational oversight and strategic project delivery are not impacted during the transition.
Internal sources noted that Montgomery had played a significant role in guiding mine performance and efficiency during his term. The ongoing support from his advisory position is expected to assist in maintaining Resolute’s standards across its project portfolio.
Strategic Refocus in the Gold Sector
The gold mining sector, which includes a number of constituents from the ASX 200 and All Ordinaries indices, has seen evolving leadership trends as companies adapt to shifting operational and macroeconomic landscapes. Executive reshuffles have been increasingly frequent as firms recalibrate their internal strategies and governance structures to meet evolving market demands.
Resolute’s decision to bring in a leader with multi-national mining exposure reflects a move towards integrating external expertise with internal continuity. The company’s operations, primarily focused in West Africa, require seasoned operational leadership, especially amid complex geopolitical and logistical environments.