Aura Energy appoints Andrew Grove as new CEO

SYDNEY, AUSTRALIA: Aura Energy Limited, a company focused on developing the Tiris Uranium Project in Mauritania, has announced the appointment of Andrew Grove as its new Managing Director and Chief Executive Officer, effective from January 30, 2024.

Mr Grove is a seasoned mining and finance executive with more than 30 years of experience across multiple commodities, including uranium and West African projects. He was previously the Managing Director of Chesser Resources Limited, which was acquired by Fortuna Silver Mines Inc. for a 95% premium in 2023.
He also held senior roles at Perseus Mining Limited, Macquarie Bank, Orano/Areva, Mines and Resources Australia, and Acacia Resources Limited. He currently serves as a non-executive director of Zenith Minerals, a lithium exploration company.

Mr Phil Mitchell, Aura’s Non-Executive Chairman, welcomed Mr Grove to the position and thanked the outgoing CEO, David Woodall, for his significant contribution and progress on both the Tiris and Häggån projects. Mr Woodall has decided to resign to pursue other interests.

Mr Grove expressed his excitement and commitment to join Aura Energy and deliver the high-quality Tiris Uranium Project, which is nearing completion of a FEED study, into a market that values nuclear energy as a low-carbon solution.
He also said he would continue the work on the polymetallic Häggån deposit in Sweden, which is expected to file for an exploitation permit in 2024. He added that the current drilling program offers Aura the opportunity to expand its resource base and identify additional uranium mineralisation in the region.