New Found Gold Strengthens Management Team with Notable Appointments

New Found Gold Corp., an emerging Canadian gold producer, is advancing its leadership team with the recent appointments of notable figures in the industry. On September 15, 2025, the company revealed that Dr. Andrew Furey, the former Premier of Newfoundland and Labrador, has been appointed as an independent director on its board. This strategic move is expected to bring a wealth of experience at a crucial point as the company pushes towards production. Alongside Dr. Furey's appointment, Hashim Ahmed has been named the Chief Financial Officer (CFO), while Robert Assabgui, who was previously the Study Manager, steps into the role of Chief Operating Officer (COO). The board's composition is further evolving, as Vijay Mehta departs from his director role and Michael Kanevsky, the outgoing CFO, assists with the leadership transition.

Dr. Andrew Furey, MD, FRCSC, MSc., MSM, is noted for his extensive contributions during his tenure as Premier of Newfoundland and Labrador. His leadership led to significant agreements such as a $5.2 billion rate mitigation deal with the federal government and a $227 billion memorandum of understanding with Quebec. Dr. Furey’s efforts also helped secure a stable future for the oil and gas sector within the province, along with achieving a credit rating upgrade for Newfoundland and Labrador. His background as an executive, humanitarian, and surgeon encompasses not only administrative prowess but also hands-on medical expertise.

Hashim Ahmed brings over 25 years of extensive experience in finance and corporate strategy, primarily within the mining sector. His previous roles include CFO positions at Nova Royalty Corp. and Jaguar Mining Inc., along with a successful tenure at Barrick Gold Corp., where he held various senior finance roles. His proven track record positions him well to oversee the financial management of New Found Gold as it transitions into a production phase.

Adding to the team's strength, Robert Assabgui comes with accomplished credentials as a senior operations manager specializing in project management and mining engineering. He has garnered considerable experience through roles in major mining firms, including a pivotal position at Hudbay Minerals Inc. where he transitioned operations into a gold production model successfully. His engineering background complements the technical aspects of New Found Gold's ambitions.

The recent appointments send a strong message regarding the direction of New Found Gold. Paul Andre Huet, Chairman, expressed gratitude for the contributions made by the outgoing members and optimism towards the future with the new appointments. The company's commitment to advancing its operational capabilities appears solid, as it seeks to leverage the expertise of its newly formed management team and board to achieve its production goals.

New Found Gold Corp. holds a 100% interest in the Queensway Gold Project located in Newfoundland and Labrador, a region recognized for its favorable mining infrastructure and skilled workforce. The company has reported robust exploration results, indicating the potential for additional resource discoveries. Recent drilling campaigns have confirmed new gold zones, adding optimism about the project’s future prosperity.

In alignment with its growth strategy, New Found Gold has also taken steps to expand the Queensway project through property acquisitions, enhancing its mineral claims and increasing the overall area under its jurisdiction. As a well-financed enterprise backed by investors including a notable 23.1% shareholding from Eric Sprott, the company is poised for substantial development activities ahead.

Looking forward, New Found Gold seems dedicated to navigating the complexities of gold production while maximizing the contributions of its skilled leadership team. With a focus on technological advancement and market expansion, the company aims to solidify its position as a leading player in the Canadian gold sector.

Topics Business Technology)

【About Using Articles】

You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.

【About Links】

Links are free to use.