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IN BRIEF: Caracal Gold appoints Riaan Lombard as new COO

18th Jul 2022 12:07

Caracal Gold PLC - London-based gold producer with operations in East Africa - Appoints Riaan Lombard as chief operating officer and an executive director, effective immediately. Caracal says Lombard is a native of Namibia, with 25 years of experience in a range of commodity projects in West Africa, East Africa, and South America.

Caracal Gold Chair adds: "Since joining the company in February, Riaan has enjoyed great success in helping us enhance the operational efficiency and build production at our flagship Kilimapesa mine whilst also being a driving force in our acquisition of the Nyakafuru project in Tanzania, which offers significant growth opportunity. Accordingly, his appointment as COO is an obvious next step."

Lombard has been the general manager of Caracal's subsidiary Kilimapesa Gold Ltd, operating the company's flagship Kenyan mine since February.

Current stock price: 0.81 pence, up 0.7%

12-month change: down 26%

By Xindi Wei; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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