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Tanami Gold NL ( (AU:TAM) ) has shared an update.
Tanami Gold NL has elevated Brett Smith from Non-Executive to Executive Director effective 1 May 2026, a move aimed at strengthening operational and strategic oversight of its key asset, the Central Tanami Project Joint Venture in the Northern Territory. Smith, a director since 2018 with extensive mining and project development experience and multiple board roles across ASX, HKEX and LSE-listed resource companies, will receive annual remuneration of $120,000 plus superannuation, while non-executive director fees are set at $40,000 per annum, signalling a more hands-on governance approach as the company enters a new development phase.
The board views Smith’s deeper executive involvement as critical to progressing the Central Tanami Project, underscoring a strategic shift towards project execution and value realisation for stakeholders. With no performance rights, options, bonuses or termination benefits attached to his current package, the structure highlights a relatively lean executive cost base while focusing leadership resources on advancing the joint venture’s next stage of development.
More about Tanami Gold NL
Tanami Gold NL is an Australian gold exploration and development company listed on the ASX, with its principal focus on advancing its 50% interest in the Central Tanami Project Joint Venture in the Northern Territory. The company operates within the mining and mineral resources sector, leveraging board expertise in developing mining and mineral processing projects both domestically and internationally.
Average Trading Volume: 1,114,234
Technical Sentiment Signal: Buy
Current Market Cap: A$111.6M
See more data about TAM stock on TipRanks’ Stock Analysis page.