Accra, March 7, GNA - Golden Star Resources Ltd. on Friday announced the appointment of Mr. Tom Mair as President and CEO and as a member of the Board of Directors.
A statement received in Accra said Mr Mair had been serving as Interim President and CEO since December 2007. Prior to joining Golden Star as Chief Financial Officer in 2007, Mr. Mair was employed by Newmont Mining Corporation in a number of key roles, including Director, Business Process Improvement+ADs- group financial executive at Minera Yanacocha, Peru+ADs- Regional Controller, Winnemucca, Nevada and President-Director PT Newmont Minahasa Raya, Indonesia.
+ACI-The Board believes Tom is eminently qualified to continue to lead Golden Star to the next stage of its development and that our employees, our shareholders and the market will welcome these appointments,+ACI- commented Ian MacGregor, Golden Star's Chairman. Golden Star holds a 90 per cent equity interest in Golden Star (Bogoso/Prestea) Limited and Golden Star (Wassa) Limited, which respectively own the Bogoso/Prestea and Wassa open-pit gold mines and the Hwini-Butre and Benso properties in Ghana. In addition, Golden Star has an 81 per cent interest in the currently inactive Prestea Underground mine in Ghana, as well as gold exploration interests elsewhere in Ghana, other parts of West Africa and in the Guiana Shield of South America. Golden Star has approximately 236 million shares outstanding. 07 March 08
