Chaarat Gold announces upcoming appointment of Mike Fraser to its Board of Directors as CEO

– UK, London –  Chaarat Gold Holdings Limited (LON: CGH), the AIM-quoted gold mining Company, today announced the appointment of Mike Fraser to its board as CEO with effect from 17 January 2022.

“Mike brings a wealth of mining and metals industry experience, and I am delighted that he is joining Chaarat. His impressive track record for driving operational performance and culture will mean he is well-equipped to drive our performance going forward.” said Executive Chairman and Interim CEO, Martin Andersson.

Mike brings over 20 years of extensive experience in the global mining and metals industry. In April 2018 he was appointed Chief Operating Officer of ASX-listed South32 Limited and before that he was President and Chief Operating Officer of its Africa region. During his time at South32, he has been directly responsible for the operations of underground mines, smelters, and project development. Throughout his career, he has held several senior roles, including Human Resources President of dual LSE- and ASX-listed BHP Limited and Asset President of Mozal Aluminium in Mozambique.

Mike Fraser said: “I am excited to be joining Chaarat and taking it onto its next stage of development.”

About Chaarat

Chaarat is a gold mining company which owns the Kapan operating mine in Armenia as well as Tulkubash and Kyzyltash Gold Projects in the Kyrgyz Republic. The Company has a clear strategy to build a leading emerging markets gold company with an initial focus on the Former Soviet Union through organic growth and selective M&A.

Chaarat is engaged in active community engagement programs to optimize the value of the Chaarat investment proposition.

Chaarat aims to create value for its shareholders, employees, and communities from its high-quality gold and mineral deposits by building relationships based on trust and operating to the best environmental, social, and employment standards.

For more information: https://www.chaarat.com/

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