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Gold Road Resources Ltd. appointed Duncan Gibbs as managing director and CEO, pending the retirement of Ian Murray.

Gibbs was the general manager of AngloGold Ashanti Ltd.'s Sunrise Dam and Tropicana gold mines in Western Australia, the company said Aug. 15.

Murray has taken the role of nonexecutive chairman of Rox Resources Ltd. spinoff Helios Gold Ltd.

The transition will take effect Sept. 17, with Murray remaining a director and assisting in the handover until the end of 2018.