Golden Star Appoints Sam Coetzer
as Chief Operating Officer
Golden
Star Resources Ltd. (TSX: GSC)(NYSE Amex: GSS)(GSE: GSR) announced today that
Mr. Sam Coetzer has joined the Company as Executive
Vice President and Chief Operating Officer effective March 9, 2011.
Mr.
Coetzer has over 24 years of international mining
experience including Kinross Gold Corporation, Xstrata AG, Xstrata Coal South
Africa, and Placer Dome. He has held increasing levels of responsibility in
various mining companies with particular emphasis on integration and
streamlining of operations.
Mr.
Coetzer is an experienced mining industry leader who
was most recently Senior Vice-President, South American Operations, for Kinross
Gold Corporation. In this role, Mr. Coetzer was
responsible for overseeing the Kinross assets in Brazil, Chile and Ecuador. Mr.
Coetzer was also COO in two of the commodity
businesses of Xstrata Nickel and Coal. Mr. Coetzer
has significant experience in Africa as Executive General Manager for South
Africa and Tanzania for Placer Dome Inc.
Tom
Mair, President and CEO, said, "We are pleased
to have Sam join the Golden Star management team. His strong professional and
technical skills and extensive experience in the international mining industry
will be of great value to Golden Star. His primary focus initially will be to
drive our improvement program at the Bogoso/Prestea operations in Ghana. Sam's experience and expertise
will be a strong complement to our current management team."
In
a related development the company announces that D. Scott Barr has retired as
Chief Operating Officer. Mr. Barr will continue with the company as Consulting
Technical Advisor to the CEO/COO. Tom Mair, President
and CEO said "We are delighted to be able to keep Scott involved and have
him on the team. Scott's dedication and professionalism has helped Golden Star
tremendously in the past 3 years. The Board of Directors and the Management
wish to thank Scott for his contributions".
COMPANY
PROFILE
Golden
Star holds a 90% equity interest in Golden Star (Bogoso/Prestea) Limited and Golden Star (Wassa)
Limited, which respectively own the Bogoso/Prestea and Wassa/HBB open-pit
gold mines in Ghana. In addition, Golden Star has an 81% interest in the
currently inactive Prestea Underground mine in Ghana,
as well as gold exploration interests elsewhere in Ghana, in other parts of
West Africa and in Brazil in South America. Golden Star has approximately 258
million shares outstanding.