CAPITAL MARKETS

John Jones in sights of unhappy Troy shareholder

EMBATTLED gold miner Troy Resources has another struggle on its hands, with moves afoot to turf multi-decade director John Jones as well as newbie Peter Stern, and replace them with recent Kingsgate Consolidated CEO Greg Foulis, MacPhersons Resources MD Jeff Williams, and Bathurst Resources director Russell Middleton.

Michael Quinn

John Jones in sights of unhappy Troy shareholder

The call to arms comes from Troy shareholder Republic Investment, a Singapore firm that is also a major shareholder in Middleton’s New Zealand coal miner Bathurst. Republic became a substantial Troy...

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