https://www.miningweekly.com

Atlatsa names Naicker interim CFO

2nd August 2013

By: Idéle Esterhuizen

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Triple-listed platinum group metals (PGMs) miner Atlatsa Resources has appointed senior financial controller Kogi Naicker interim CFO, with effect from August 1.

Naicker replaces De Wet Schutte, whose fixed-term contract with the company came to an end after four years of service. His contract had previously been extended to assist in the implementation of Atlatsa Resources' and mining major Anglo American Platinum’s (Amplats’) R3.5-billion revised restructuring, recapitalisation and refinancing plan for Atlatsa and the Bokoni group of companies.

The restructuring followed a detailed strategic review, exposing Atlatsa’s likely inability – as a result of the tenuous current market environment – to repay a R3.3-billion debt to Amplats in the medium term.

Schutte would, however, remain a special adviser to Atlatsa pending the finalisation of the restructuring plan.

“We thank De Wet for his invaluable service to Atlatsa and wish him the best of success in his future endeavours,” CEO Joel Kesler said in a statement.

Atlatsa indicated that it would effect a permanent appointment to the CFO position in due course.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 
Showroom image
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024
Resources Watch
Resources Watch
17th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.135 0.171s - 105pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: