Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) announced that John Frostiak,who has served on Colossus’ Board since September 2007, will assume the role of Chairman from Ari Sussman.
As quoted in the press release:
John Frostiak, incoming Chairman of the Board of Directors, is a registered professional engineer in the province of Ontario and a member of the Canadian Institute of Mining Metallurgy and Petroleum. Mr. Frostiak recently retired as Corporate Project Manager for Barrick Gold Corporation where he was responsible for the Kabanga Ni project (Xstrata Ni is the operator), capital project risk assessment and the Barrick Development System, which governed the minimum standards required for conducting studies and executing projects. In prior years, he held other positions within Barrick Gold Corporation and was responsible for numerous technical accomplishments, including leading the development of the process plant and surface facilities for the Pierina mine in Peru, the Bulyanhulu mine in Tanzania, and the Cowal mine in Australia.
Concurrent with Mr. Sussman’s resignation, Mr. Claudio Mancuso has been appointed a director of Colossus to serve until the next meeting of shareholders, at which point he will stand for election to the Board of Directors.