5th Jan 2022 13:07
(Alliance News) - BlueRock Diamonds PLC has announced on Wednesday that Gus Simbanegavi, its chief operating officer and chief executive officer of subsidiary Kareevlei Mining Ltd, will leaving the board to "pursue other business interests" in March 2022.
Meiring Burger will assume the role of CEO of Kareevlei, having worked alongside Simbanegavi since May 2021. Burger has previously held various senior positions at companies including African Mining Solutions Ltd and First Quantum Minerals Ltd, where he led efforts to turn around a copper mine in Zambia.
BlueRock did not mention a replacement for the position of COO.
Chair Mike Houston commented: "We are delighted to welcome Meiring to the team as CEO of Kareevlei, whose experience in mine and plant management will enhance the management of Kareevlei. He has the advantage of having a good understanding of Kareevlei and brings strong leadership qualities at a crucial time as the team faces the ongoing and uncertain challenges of Covid alongside the move to ramp up production at the new processing facility during the wet season."
BlueRock shares were untraded on Wednesday, last closing at 29.50 pence per share in London on Tuesday.
By Elizabeth Winter; [email protected]
Copyright 2022 Alliance News Limited. All Rights Reserved.
Related Shares:
BRD.L