Asiamet appoints James Deo as CFO

Asiamet Resources has appointed James Deo as its chief financial officer effective from January next year.

Deo is a senior mining and resources industry executive. His experience covers roles in finance, commercial, strategy, investor relations, sales and marketing, business development and business improvement gained over two decades working for a number of global mining businesses in Australia and Asia, Africa and the Americas.

Most recently, he has consulted to Australia's largest gold miner, Newcrest Mining and before that, he worked with Oz Minerals for 10 years in senior leadership positions. He has held various senior finance and commercial roles with Oxiana Limited, BHP Billiton, Exxon Mobil and Rio Tinto.

Chief executive Peter Bird said: "As we enter a critical time in Asiamet's development, the appointment of a high calibre senior executive to the position of CFO further strengthens our capacity to deliver our strategy of creating a leading Asian focussed copper-gold company.

"James brings a proven track record of creating value over the full project lifecycle from exploration through to production and his broad experience in the finance and commercial area will be particularly valuable as we enter the project financing and development stage for the BKM project. We are looking forward to James joining the team and playing a big part in delivering our vision for the company."

At 1440 GMT, the shares were up 2.4% to 10.75p.