Cornish Metals Inc said that its controlling shareholder Vision Blue Resources (VBR) had nominated Tony Trahar as its representative on the company’s board of directors.
Mr Trahar has a 40-year career in the mining, natural resources and industrial sectors and is currently a special adviser to VBR.
He currently holds 1,222,222 common shares in Cornish Metals.
From to 2007 he was chief executive officer of Anglo American and was a director of Anglo Gold, Anglo Platinum and De Beers.
At Anglo American, Mr Trahar oversaw a period of growth, delivering a 35% return on equity and returning US$10.5 billion to shareholders while overseeing $15bn of strategic acquisitions and $11bn of disposals.
In addition, he negotiated and implemented the $19bn ‘take private’ of De Beers diamond group with the Oppenheimer family and the Government of Botswana.
Since leaving Anglo American he has also held a number of senior advisory roles for Barclays Natural Resource Investments (2007–2013) and Macquarie Bank (2014–2016). T
From 1985–2000, he was chief executive officer and then chairman of Mondi Ltd (now plc) a multinational forestry, pulp, paper and packaging group.
Mr Trahar holds a B.Comm degree and is a chartered accountant.