Fresh financial leadership for Prophecy

PROPHECY Coal has appointed longtime industry financial expert Jeffrey Mason as its chief financial officer.

Donna Schmidt

Mason has more than two decades of financial reporting experience with medium and large publicly traded mining companies such as Taseko Mines and Continental Minerals. He also helped set up a joint venture with the Jinchuan Mining Group before the purchase of Continental by Jinchuan.

Mason also served as CFO for Northern Dynasty Minerals and HDI, where he oversaw financial reporting, arrangement of mergers and acquisitions, contracting joint ventures, earn-in and other mineral project agreements and corporate reorganizations.

Prior to HDI, the University of British Columbia and the University of Toronto's Rotman School of Management graduate was controller for the Homestake Mining Group, responsible for the financials of the Golden Bear gold mine construction and operations and the Eskay Creek gold/silver mine construction.

Prophecy also has appointed Samir Devendra Patel as corporate secretary.

Patel’s experience encompasses securities and corporate law, particularly mergers and acquisitions, continuous disclosure requirements and equity and debt financings.

Board member Joseph Li has left the company.

The growing miner appointed Rob Bruggeman as its vice president of corporate development in August. He succeeded Patrick Langlois, who resigned his executive seat.

Prophecy Coal has more than 1.4 billion tons of surface mineable thermal coal resources on two coal properties in Mongolia.

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