Sovereign Metals Appoints Frank Eagar as New CEO
Sovereign Metals, a London and Australian-listed mining company, has announced that Frank Eagar will be taking over as the new managing director and chief executive officer, effective October 20th. This transition comes as Julian Stephens, the current managing director, moves into a non-executive director role.
Eagar brings with him over 20 years of experience in financing, permitting, developing, and operating mining projects, particularly in southern Africa. He joined Sovereign Metals in December as the general manager in Malawi, where he has successfully expanded the team with a focus on hiring local talent. Eagar has also built strong relationships with the government and has demonstrated a deep understanding of the Kasiya rutile project.
Prior to joining Sovereign Metals, Eagar held various senior executive roles in the resources sector. Most recently, he served as the chief financial officer for AMED Funds' Central Copper Resources.
Alongside the appointment of Eagar, Sovereign Metals has also made several key technical appointments as it transitions towards project optimization and development at Kasiya.
Despite stepping down as managing director, Stephens will continue to contribute to the company as a consultant. He will assist and support the incoming technical and management team during this period of transition.
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