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25th May 2012
GOLD 1572.90 $/oz
PLATINUM 1431.50 $/oz
R/$ exchange 8.41
R/€ exchange 10.53
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New high-powered Simmers board taking decisive action
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http://www.miningweekly.com/article/new-high-powered-simmers-board-taking-decisive-action-2010-03-17
Article Headline:
New high-powered Simmers board taking decisive action
Abstract:
The new high-powered board of JSE-listed gold-and-uranium company Simmer & Jack Mines, (Simmers) is taking decisive action to put its First Uranium charge on a new financial trajectory. The ink was hardly dry on the appointment of Deon van der Mescht as Simmers CEO when he was sent to Canada as interim president of First Uranium to lead initiatives aimed at recapitalising the TSX-listed company. Van der Mescht replaces former First Uranium CEO Gordon Miller, who came under intense pressure from black economically empowered shareholder Vulisango last year to quit as Simmers CEO.
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