Mining firm names Fraser as new chief
DUBLIN-based exploration company Great Western Mining has appointed David Fraser as its new chief executive.
Mr Fraser (53), an experienced corporate broker and mining sector specialist, has agreed to succeed Melvyn Quiller, who remains on the board but will assume the role of a non-executive director and also becomes company secretary.
Chairman Emmett O'Connell said Mr Fraser shone through as the strongest candidate. "He has the right combination of smaller company expertise and sector experience,
"Melvyn will remain hands- on, taking care of public company administrative matters, while David drives us through our next development stage."
Having studied economics, Mr Fraser entered the City in 1982 as a commodity and derivatives broker, working for leading institutions such as Merrill Lynch and Societe Generale, and latterly in management roles.
In 1993, he established a successful regulated corporate broking and advisory operation, which was subsequently sold to the Dawnay Day investment banking group.
Great Western Mining's main interest is in a 73sq km patch in south-west Nevada that offers uranium, gold and silver deposits.