Tag: Allan Kelly

Doray’s Allan Kelly in shock resignation

Doray’s Allan Kelly in shock resignation

Mines and Petroleum minister Sean L’Estrange with now former Doray managing director Allan Kelly. Image: Doray Minerals. By Cameron Drummond DORAY minerals founder and managing director Allan Kelly has resigned ahead of the company’s annual general meeting on 28 November. Doray announced that Mr Kelly resigned due to personal reasons, with non-executive director Leigh Junk assuming the role until a formal replacement was found. Just one month earlier Mr Kelly was joined by Mines and Petroleum minister Sean L’Estrange at the official opening of Doray’s Deflector gold mine 160km east of Geraldton; the second high-grade gold project the company had commissioned in four years. Mr Kelly managed the company for seven and a half years of successes, including its listing...

The good, bad and ugly of Australian gold

The good, bad and ugly of Australian gold

By Rachel Dally-Watkins 2 April, 2015 WHILE the gold mining industry experienced a tumultuous past year, Doray Minerals managing director Allan Kelly said that, for his company, not a lot had changed thanks to a three pronged approach to weathering the uncertain market. Speaking at a WA Mining Club lunch in late March, Mr Kelly said his company’s focus on sustainable gold production, company management and exploration success had secured a “solid financial performance” for the first half of financial year 2014-2015. Capital expenditure to set the company up for the second half of 2015 and lower underground grades at Andy Well meant that the company...