Greatland Gold names Shaun Day as CEO

Metals exploration and development company Greatland Gold named Shaun Day as its next chief executive officer on Tuesday.

Greatland said Day would succeed Gervaise Heddle on 8 February, with the group's current CEO set to leave the company in order to pursue other interests.

Day joins Greatland from Australia's Northern Star Resources where he spent five years as chief financial officer.

Chairman Alex Borrelli said: "It is a measure of our growing reputation as a business that we are able to attract high-quality people to Greatland, and I am delighted to welcome Shaun to our board as our chief executive officer.

"Shaun brings extensive industry and regional experience as well as capital markets expertise and is a great addition to our strong management team. During his five years at Northern Star, one of Australia's largest gold miners, Shaun helped take the company from a similar size as Greatland to an approximate AUD $8.0bn market capitalisation, demonstrating his all-round expertise and suitability for the role."

As of 0945 GMT, Greatland shares were up 1.05% at 32.84p.