Orion appoints new nonexec director
Copper developer Orion Minerals has appointed Philip Kotze as a nonexecutive director.
Kotze has been nominated to the Orion board as an appointee of cornerstone investor Clover Alloys, of which he is the CEO. Clover Alloys subscribed for 444-milion shares in Orion, worth an estimated A$6.7-million, during the company’s A$13-million capital raise announced earlier this year.
Kotze has worked for a number of companies, including Anglogold Ashanti, Harmony Gold Mining, Deloitte and Anooraq Resources Corporation. He has served as a senior executive for listed mining companies since 1996. He has been CEO of Clover Alloys since 2014.
“Kotze’s appointment, which forms part of our broader partnership with Clover Alloys as a new cornerstone shareholder, provides strong operational expertise to the board and to Orion’s operations team as the company moves into a new phase of project development to become a near-term base metals producer,” said Orion chairperson Denis Waddell.
“I would also like to pay tribute to outgoing director, Alexander Haller, who has made a significant contribution to Orion over more than 14 years of service. Throughout that time, Orion has transitioned from an Australian gold explorer to a South African base metals developer that is now gearing up to commence production from two operating centres. I would like to sincerely thank Haller for his support, commitment, and contribution over many years, and wish him the very best in his future endeavours.”
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