SYDNEY (Yosefardi) – Arc Exploration Limited, which develops some gold-copper projects in Indonesia, has appointed Dr Jeffrey Malaihollo as managing director and CEO to replace John Carlile.
Malaihollo, 47-year old, has a PhD in geological sciences from University of London researching the tectonics of eastern Indonesia.
He was managing director and a founder of AIM-ASX listed GGG Resources Plc, which acquired gold resource in Western Australia with over 3 million ounces of resources.
Arc Exploration has 95% interest in Trenggalek gold-copper project in East Java and 20% interest in a strategic alliance with Anglo American Group to explore copper-gold deposits in the Papua and West Papua provinces of Indonesia.