Loncor Gold (TSX: LN) announced Tuesday the appointment of John Barker as Chief Executive Officer.
Barker, who was Vice President of Business Development of Loncor prior to his appointment as CEO, has 17 years’ experience as a mining equity analyst including a period as Chairman of The Association of UK Mining Analysts. During the period, he worked for RBC DS where, as Managing Director, he headed up their London-based Global Gold Mining initiative, focusing on African mining equities.
Subsequently, he was Vice President Corporate Development for TSX-listed SouthernEra Resources, which was taken over by Lonmin, and in a similar role he was a key participant in the Guinor Gold sale to Crew Gold.
More recently Barker has been involved in various copper, diamond and platinum corporate initiatives in Southern Africa including consulting for Robert Friedland.
During his career, he has participated in numerous asset sales, public listings and equity issues, raising over $600m in Canada, Australia, Europe and RSA.
Arnold Kondrat, Founder of Loncor and past CEO, has now been appointed as the company’s Executive Chairman of the Board.
“We are very pleased to have John Barker on board as Loncor’s new CEO. During the past 18 months, Loncor has increased the gold resource base at its Imbo Project, which includes its flagship Adumbi deposit, by more than 100%, from 1.675 million ounces to 3.466 million ounces of gold,” Kondrat said.
“I look forward to continue working with John in his new role and with the team, which includes Peter Cowley who remains as President, as Loncor moves to the next important phase of its development,” he said.