New Century Resources Limited announced the appointment of Mr. Robert McDonald to the position of Chairman of the company. Mr. Rob McDonald has more than 40 years of broad experience in the international mining sector. His early career within the Rio Tinto Group involved various operational business development, deal making and strategic planning roles for Hamersley Iron, RTZ Services and Rio Tinto Minera SA. This experience was followed by 20 years of investment banking, initially with BA Australia, then as director and principal of Resource Finance Corporation, and subsequently as a Managing Director of N.M. Rothschild & Sons. In these roles he was responsible for a wide range of advisory services including company formation, mergers and acquisitions, business origination, strategic advice on value creation/recognition, risk management, fairness opinions, debt and equity capital raisings and corporate restructurings. Since retiring from Rothschild a decade ago, Mr. McDonald has continued as a trusted investment banking advisor to a selected group of major international mining and investment companies, including acting as a senior advisor to China Minmetals (whose subsidiary, MMG Ltd, was the previous owner of the Century Zinc Mine). In conjunction with the appointment of Mr. McDonald, there has been two other planned board changes with Mr. Evan Cranston stepping into a non-executive director role and with Mr. Tolga Kumova stepping down from the Board. Mr. Kumova has played a pivotal role in the growth of the business to date, in particular the completion of successful financing of over AUD 98 million in equity and AUD 100 million in debt facilities.