Diversified miner Sibanye-Stillwater has appointed Greg Cochran executive VP of uranium, effective June 1.
He will be responsible for developing and driving strategies to realise and optimise the inherent value of the group’s uranium resources, as well as leveraging his significant experience and record of value creation in the uranium industry to capitalise on other opportunities that may arise.
Cochran is a respected international mining executive with more than 30 years of experience in a diverse range of commodities and in various leadership positions globally, including as CEO of potash miner Reward Minerals.
His extensive uranium industry experience spans more than 15 years, having started in 2006 when he joined Uranium One’s South Australian team, during which time he guided the Honeymoon mine through its environmental approvals and oversaw the establishment of the Mitsui and Uranium One Australia joint venture.
Cochran also led the due diligence team on Uranium One’s C$3.8-billion acquisition of UrAsia in 2007, which was the largest uranium transaction in history.
Other uranium companies such as Deep Yellow and Aurora Energy Metals have also benefited from Cochran’s input.
“With solid fundamentals currently underpinning the uranium market, we will be assessing various options to realise value from our existing 32-million pounds of uranium resources on surface at the Cooke tailings dam, and 27-million pounds of uranium resource at Beatrix 4. We are confident that Cochran will deliver on this potential,” comments Sibanye CEO Neal Froneman.