Mandalay Resources Corp shuffles executive duties

(MENAFN- ProactiveInvestors)Canada-based gold and silver miner Mandalay Resources Corp (TSX:MND) has shuffled the responsibilities of its senior executives. Brad Mills chief executive is to become executive chairman and oversee strategic direction and operations. Mark Sander currently COO will become the new president and chief executive. Mills said his new role would see him continue to be actively involved in Mandalay's overall strategy and direction. He has played a key role in Mandalay's development since its acquisition of the Costerfield mine in Australia in 2009 he added. Prior to joining Mandalay he was Vice President of Strategy and Planning for BHP Billiton's copper group. He will replace chief financial officer Sanjay Swarup as one of the two executive directors on the board. Board chairman Braam Jonker meanwhile will assume the role of lead independent director while Tony Griffin the representative of major shareholder West Face Capital is to step down.