Andrew Caruso has been appointed as the new CEO of the aspiring coal miner and developer Ascot Resources.
For the past two and half years, Mr Caruso has been the CEO of Crosslands Resources, and he has over 20 years’ experience in the in the mining industry across a range of roles and commodities.
The appointment of Mr Caruso follows the recent appointment of Paul Kopejtka as Ascot’s executive chairman.
Mr Kopejtka was previously the chairman of Murchison Metals, which had an interest in Crosslands until February 2012.
In a statement to the ASX, the company said Mr Caruso’s experience in coal operations will bring leadership and project development credentials to the company as it seeks to develop the Titribi Coal Project in Columbia.
At the close of the ASX today, Ascot shares were trading flat at 14 cents.
