SRK Global appoints a new chairman

SRK Global has appointed a new chairman, Dr Mike Armitage, who has been with the company for 20 years. A geologist by profession, Dr Armitage has been instrumental in the company’s expansion into Europe and Russia and has worked in the minerals industry for more than 25 years. He replaces SRK’s chairman of 15 years, Dr Neal Rigby.

Currently chairman of SRK (UK), SRK (Sweden) and SRK (Exploration), and previously chairman of SRK (Russia), Dr Armitage recently stepped down from his six-year posting as managing director of SRK (UK). SRK Global chief executive Andy Barrett said the incoming chairman had big shoes to fill. Dr Rigby, originally appointed in 1996 for what was going to be a three-year term, had succeeded one of the company founders. “Neal had taken over from Oskar Steffen,” Mr Barrett said. “Oskar still has a very high profile, but handed over to Neal as he believed that succession was an important aspect of SRK’s philosophy.

“Neal’s key contribution to SRK was probably raising the profile of the group globally regarding due diligence and mine finance services. Still a very successful consultant with SRK, his work is typically in areas related to mining finance advisory services – due diligence and independent engineer work for M&A, equity and debt financing.” Dr Armitage took over the global chairman’s role at the beginning of November when Neal stood down. He was chosen particularly for his strong industry profile, Mr Barrett said.

“During his term as managing director of SRK (UK), we opened offices in Russia and Sweden, largely as a result of Mike’s leadership,” he said. “He is also leading an evaluation of possible closer integration of our European offices – UK, Russia, Turkey, Sweden and Kazakhstan.”

Dr Armitage says he is committed to maintaining SRK’s standing and reputation for producing a quality product in the industry, while at the same time growing the company to enable appropriate support in the developing parts of the world. SRK has recently opened new offices in Lubumbashi in the Congo, Almaty in Kazakhstan, Ulaanbaatar in Mongolia and Zacatecas in Mexico and expects to expand further over the next year.

“I bring to the role an understanding of and a commitment to both SRK and the mining industry as a whole and in particular to the independence, encouragement of entrepreneurial individuals, and the overall philosophy that makes SRK the company it is,” Dr Armitage said. “It makes me extremely proud and honoured to have been given the opportunity.”

For more information contact:

Dr Mike Armitage
Chairman and Principal Geologist
SRK Consulting (UK) Limited
marmitage@srk.co.uk
Tel: +44 (0) 29 20 348150

About SRK:
SRK Consulting operates from over 43 offices worldwide and its 1,000+ staff are committed to providing a full range of consulting services from exploration to mine closure. SRK is renowned for its breadth of skills and talented people who work harder and faster to find the most applicable and cost-effective solution for each client. Visit: www.srk.com

SRK Hong Kong