New Moreton boss brings mining industry cred
MINING company Moreton Resources Limited recently appointed a new CEO.
The company announced Terry Bourke would be the new chief executive officer on August 27.
Mr Bourke has a diverse background of prior work history and skills set, which will assist the company with its current strategic advancements and opportunities.
Moreton Resources has been undergoing negotiations for the South Burnett Coal project, which includes the Kingaroy Coal Mine and a coal rail line through the South Burnett.
The board reported Mr Bourke would add significant value in the advancement of the multiple assets and navigations through the company's negotiations that will be required.
"He has a solid history with mining companies, carrying out work in Australia, Papua New Guinea and Canada," they said.
Outgoing CEO Alexander Jason Elks will remain in a transition period to work with Mr Bourke, to bring him up to speed on the company's immediate and strategic issues.
Mr Elks will focus solely on supporting the South Burnett Coal Project application, the lodgement of the environmental impact assessment and the progress of the potential advancement negotiations.
His role as the company's executive of the company will come to an end on November 23, however he will continue as the company's non-executive chairman of directors, guiding their strategy and direction.
Moreton Resources' new CEO Mr Bourke was previously the executive director and CEO of MACH Energy, which involved negotiations with Rio Tinto for the acquisition of the green fields Mount Pleasant thermal coal project in the Hunter Valley, NSW.
Mr Bourke was also involved in the awarding of nine major construction contracts, a mining contract, a rail haulage contract, as well as coal sales, marketing and offtake agreements.
Prior to MACH Energy, he held roles as the general counsel of Atlantic Ltd, and general counsel and company secretary of the independence group and Norilsk Nickel Australia.
He has a bachelor of law and a bachelor of commerce, specialising in accounting, finance and systems.
Mr Bourke also completed the Australian Graduate School of Management's Senior Manager Development Programme, as well as a solicitor of the NSW Supreme Court.