JOHANNESBURG (miningweekly.com) – Sipho Nkosi has resigned from the board of Great Basin Gold, the JSE- and TSX-listed company said.
Nkosi’s resignation was effective from July 17, and followed a recent adoption of Great Basin’s majority vote policy, the mining company reported.
Nkosi, who is the CEO of diversified miner Exxaro Resources and the president of the Chamber of Mines of South Africa, represented Great Basin’s black economic-empowerment partner, Tranter Gold, on the company’s board.
Great Basin stated that Nkosi had agreed to be available to the company to give advice on matters relating to its South African operations as a consultant as and when required.
Joshua Ngoma, a founding member and the current CEO of Tranter, has been elected to the board of Great Basin, effective July 15.
Ngoma holds a Bachelor of Engineering degree with honours in mining engineering from Camborne School of Mines in the UK and a Master of Engineering in Project Management from Pretoria University in South Africa and has spent most of his career in the mining industry, Great Basin stated.
He had served with De Beers and Sasol Mining before joining Eyesizwe Coal, where he served from group technical manager to GM of the Matla Colliery. He later joined Anglo Platinum as the group manager for new mining technologies.
In addition to being CEO, he is currently a director of Tranter group of companies, as well as Southgold Exploration, a wholly owned subsidiary of Great Basin, and Ferret Mining and Environmental Services, where he is chairperson.
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