This article is 10 years old. Images might not display.
88娱乐城
Cockatoo was previously led by managing director Andrew Lawson; however, his job was made redundant during board changes that followed Cockatoo鈥檚 recent share-diluting recapitalisation.
Kane鈥檚 resignation as Guildford鈥檚 MD, which he started in October 2013, was announced in mid-December.
His departure from the fledgling Mongolian coal producer was for 鈥減ersonal reasons鈥� with the board at the time thanking him for his 鈥渢ireless service and leadership鈥� in transitioning Guildford into a coal miner.
Kane, a mining engineer who worked for 10 years in BHP Billiton鈥檚 iron ore and coal divisions during his early career, is also the former CEO of Boardwalk Resources and Aston Resources 鈥� both of which formed part of entrepreneur Nathan Tinkler鈥檚 once-mighty coal empire.
Kane also served as a projects chief operating officer for Whitehaven Coal following its merger with Aston, plus served for three years as a COO for Macarthur before it got acquired by Peabody Energy.
He is primarily tasked with leading delivery of the expansion project to lift Cockatoo鈥檚 Baralaba coal mine production from 1 million tonnes per annum to 3.5Mtpa.
Kane will receive a base salary of $400,000 (excluding superannuation) plus he will have the potential to earn more through incentive schemes which will be agreed upon by July 31.
