Waratah Minerals Appoints New CFO, Executive Director and Non-Executive Director Following Spur Gold Maiden Resource

Anjali Anand

09 November 2026 06:22 PM AEDT

Waratah Minerals Appoints New CFO, Executive Director and Non-Executive Director Following Spur Gold Maiden Resource

Image Source: Krish Capital Pty Ltd

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Waratah Minerals (ASX:WTM) has announced a series of leadership and management changes following delivery of the maiden Mineral Resource Estimate at its Spur Gold Project, including Andrew Stewart transitioning to Executive Chair and Managing Director, Peter Duerden moving to a Strategic Advisor role, and four new appointments to executive and board positions.

Key Points

Andrew Stewart to transition from Executive Chair to Executive Chair and Managing Director of Waratah Minerals.
Peter Duerden transitions from Managing Director to Strategic Advisor to the Board on Exploration.
Naomi Scott transitions from Non-Executive Director to Executive Director, overseeing sustainability, governance and stakeholder engagement.
Michele Muscillo appointed as Non-Executive Director, Adrian Margiotta appointed as CFO commencing 23 November 2026, and Mathew Brown appointed as Head of Exploration.

Board and Executive Leadership Restructure

Andrew Stewart will assume the role of Executive Chair and Managing Director, taking responsibility for leading corporate, strategic and project advancement activities. Peter Duerden, who served as Managing Director during the Spur Gold Project's progression from early-stage exploration to the announcement of the maiden Mineral Resource, transitions to Strategic Advisor to the Board on Exploration. In this advisory capacity, Duerden will continue to support exploration strategy, identify new targets and assess prospective opportunities across the company's portfolio. All changes are effective immediately except where stated in the filing.

New Executive Director and Non-Executive Director Appointments

Naomi Scott transitions from Non-Executive Director to Executive Director, taking a more active role in management and strategic direction. She will oversee Waratah's sustainability framework, governance programs and stakeholder engagement. Scott holds a legal background and previously held a senior business development role at Anglo American, as well as experience in intra-governmental organisations including the United Nations. Following Scott's transition to an executive role, Michele Muscillo has been appointed Non-Executive Director. Muscillo is a corporate law partner at HopgoodGanim Lawyers, with a practice focused on mergers and acquisitions, capital raisings and corporate transactions. He holds a Bachelor of Laws from Queensland University of Technology and was a recipient of the QUT University Medal.

CFO and Head of Exploration Appointments

Adrian Margiotta has been appointed Chief Financial Officer, with his commencement date set for 23 November 2026. Mathew Brown has been appointed Head of Exploration, effective immediately. The company disclosed that the strengthened organisational structure is designed to support key priorities following delivery of the maiden Mineral Resource Estimate, including growing and enhancing the Spur Mineral Resource, pursuing further discoveries across the broader project area, progressing technical and development studies, strengthening stakeholder and community engagement, and maintaining disciplined financial and capital management.

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