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Signature Sponsor
November 30, 2024 - Australian Pacific Coal (AQC), the owner of the Dartbrook coal mine, said on Friday that Ayten Saridas had resigned as CEO and that she had stepped down from the board of directors. Saridas, a director of AQC since November 2022, was initially appointed executive director and interim CEO in January 2023 with the goal of taking the Dartbrook underground mine out of care and maintenance and into production.
Saridas was subsequently appointed MD and CEO in June this year.
With first coal achieved in September and first coal sales imminent, Saridas decided to step down from the board and executive duties at AQC in order to pursue new opportunities.
“Back in January 2023, as an experienced mining executive I was asked to fill the CEO role due to an unexpected change in management at AQC. Since becoming CEO, we have focused our efforts on de-risking and funding the Dartbrook mine and bringing it back into production after being in care and maintenance for 18 years.
“Looking back at our achievements of the past two years, I am proud of the hard work and dedication of the AQC team to bring Dartbrook back to life. We have faced some immense challenges along the way but, with the support of our shareholders, we are once again producing coal at Dartbrook,” said Saridas.
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