Gold Corporation announces new chief executive officer

5/12/02 Gold Corporation - operator of The Perth Mint - today announced the appointment of Mr Edward Harbuz as Chief Executive Officer Designate.

5/12/02
Gold Corporation - operator of The Perth Mint - today announced the appointment of Mr Edward Harbuz as Chief Executive Officer Designate.
Mr Harbuz will join the corporation on March 1, 2003 and will assume the role of chief executive officer from July 1, 2003 upon the retirement of Mr Don Mackay-Coghill, whose term at the company's helm will have spanned 17 years.
Government Enterprises Minister Nick Griffiths said the appointment of Mr Harbuz followed an extensive national recruitment campaign.
"Mr Harbuz was managing director of the South African Mint Company for almost seven years until 2001," Mr Griffiths said.
"He has the rare combination of a thorough knowledge of the minting business as well as strong financial management credentials.
"The Gold Corporation Board believes it could not have found a better qualified person to lead the corporation into the future."
Mr Harbuz turned the loss-making South African Mint into a profitable organisation within two years of his appointment in May, 1995. It remained consistently profitable until his departure at the end of 2001.
In addition to his considerable business and financial experience, which includes a Master of Business Leadership from the University of South Africa, Mr Harbuz holds a BSc (Engineering Electrical) from the University of Natal.
Mr Harbuz will take over from Mr Mackay-Coghill, who was brought to Perth in 1986 to take up the dual positions of chief executive officer of GoldCorp Australia and managing director of the Western Australian Mint. Since 1988 he has been CEO of Gold Corporation.
Under Mr Mackay-Coghill's guidance, the historic Perth Mint, founded in 1899, was reborn as an internationally renowned specialist precious metals mint.
He also oversaw Gold Corporation's highly successful participation in the Sydney 2000 Olympic Coin Program and the Australian Gold Refineries Joint Venture, now trading as AGR Matthey, in which Gold Corporation has a 40 per cent interest.
Minister's office: 9222 8950