New CEO Dr Chris Muller to Drive Tolu’s Production Growth Post-November
Tolu Minerals announces a leadership change with Dr Chris Muller stepping in as CEO to guide the company through a pivotal phase of exploration and production at the Tolukuma Gold Mine.
- Founding CEO Iain Macpherson to depart in November 2025
- Dr Chris Muller appointed as Managing Director and CEO
- Muller brings 25+ years of global mining and exploration expertise
- Company preparing for increased exploration and production ramp-up
- Focus on Tolukuma Gold Mine restart and resource definition
Leadership Transition at a Critical Juncture
Tolu Minerals Limited has announced a significant leadership change as founding Managing Director and CEO Iain Macpherson prepares to step down on 9 November 2025. Macpherson, who has been instrumental in positioning Tolu on the global mining map and preparing the Tolukuma Gold Mine for restart, will be succeeded by the company’s Executive Chief Geologist, Dr Chris Muller.
A Proven Leader with Deep Papua New Guinea Experience
Dr Muller brings over 25 years of experience spanning underground, open pit, and surface mining operations worldwide. His career highlights include pivotal roles in mine restarts and resource development, particularly within Papua New Guinea’s mining sector. Notably, he has contributed to the successful restarts of the Simberi Gold Mine and Kainantu Gold-Copper Mine, and played a key role in landmark discoveries such as the Wafi/Golpu deposit and Kora North, earning industry recognition including the prestigious Thayer Lindsley Award.
Strategic Focus on Exploration and Production Growth
The timing of this leadership change coincides with Tolu’s plans to substantially increase exploration and resource definition activities at Tolukuma, setting the stage for a production ramp-up. Dr Muller’s technical expertise and deep operational knowledge are expected to provide continuity and strategic insight as the company transitions from development to production phases.
Looking Ahead
While details of Dr Muller’s remuneration and specific strategic initiatives will be disclosed closer to his commencement, the appointment signals Tolu’s commitment to leveraging seasoned leadership to navigate the complexities of mine restart and resource expansion. The board’s acknowledgment of Macpherson’s foundational work underscores a respectful and forward-looking transition.
Bottom Line?
Tolu Minerals’ leadership shift sets the stage for a critical operational phase, with investor eyes on how Dr Muller will steer the Tolukuma restart.
Questions in the middle?
- What strategic priorities will Dr Muller set for the Tolukuma Gold Mine’s restart?
- How will the leadership change impact Tolu’s exploration and production timelines?
- What will Dr Muller’s remuneration package reveal about the company’s future investment plans?
